Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Can I do any better? What accessories/extras can I get?
Are most people getting the Honda Care warranty online? Looks like prices on warranty just went up in April.
Thanks. Great forum!!
Thanks
A popular low price is $25900 + TTL. I think this is basically invoice less the $1000 incentive.
Should I wait? I have a great 2001 Civic EX with no problems. I could potentially run this car for 3+ more years without a lot of issues. It's been a dream.
A 2008 Honda Accord EX-L V6 Coupe with Navigation has a Dealer Retail Value of $27,279 ('Outstanding' Condition and '0' miles). The Edmunds TMV price for a 2009 Honda Accord EX-L V6 Coupe with Navigation is $28,210 (MSRP is $31,825). The
I'd shoot for $27,000 (start at $26,500 even). I wouldn't pay much over $27k because you could get an '09 for $28,210. Even though the car is NEW, it is one model year older and that will have an impact on resale value. It's not a huge issue, because Accords depreciate so little.
Thanks...it is not a demo; I don't recall the exact mileage, but consider it a new car. It is out on the lot amongst all the new '09's. The salesman I have been talking to called and told me his manager would sell it for $27K before taxes, license, etc..
Edmunds TMV for a 2006 Honda Accord SE 4-door with automatic shows Dealer Retail at $15,142 and Certified Pre-Owned at $16,091. So $15,600 seems like a fair price. I checked Consumer Reports for any problem areas and the '06/'07 are shown as trouble-free!
FYI- your Zip Code and the color of the car may alter the TMV Value slightly. I used my Zip (Atlanta area) and Silver as the color to get the above figures.
Good luck!
Just curious- what color is it?
For those who want/need a new car, it definitely is a "buyer's market". Dealers are more willing than ever to make deals. If you find exactly what you want (trim level/transmission/color combo), you may want to go for it. As economic conditions (and consumer confidence) improve, prices will likely start creeping back up.
If you do decide to buy a new one, I'd suggest that you hang on to your '01 Civic if possible. It sounds like you are very fond of it (the word "dream" clued me in). Trade-in for an '01 Civic EX Coupe in average condition and 85k miles is about $4600 (at most). I've made the mistake of trading in a well-loved car and regretting it down the road.
Thank you for sharing anyway, Glad you got the deal you posted. It is really good deal.
Sorry to hear that. You may want to go at the end of the month. Maybe they are more flexible at that time.
I forgot to mention that I had a trade in so ended up saving about $600 on sales tax. Before ttl, the sales price was $22.3k (2009 Accord EX-L sedan 4cyl). Hope this helps.
One of the key ways dealers make money is to get cars (trade-ins) at really low prices. They may give you a really good deal on the car to get you to buy it, but with one hand giveth, the other taketh; they will nail you on your trade-in's value.
This isn't a rant, but just letting some of you know that some of these prices here are too good to be true if it were just a straight purchase.
Thanks.
Also, is the Honda Care extended warranty recommended and if so, what is a good price to pay?
As I understand, there is a current promotion where Honda discounts Accords by $1000. I can't validate this, but I've heard from some salesman that they get a $150 or $200 bonus for selling Accords right now. The lots are overflowing with Accords, so they're pushing them. Use this to your advantage!
A popular number I heard from many dealers is $25900 + TTL. Since the Automatic Transmission are easier to come by than the manual transmission in V6, I think you can get out the door in the $27,000 - $27,500 range :shades: .
I think you can do better than $26,247, but I am in Ohio so it may be different here.
I'm also interested in purchasing a 09 4-dr accord ex-l v6 with navi and I was wondering if you could tell me what dealer you purchased your vehicle from for 26k.
Also, did you have a trade in? Or was this a straight cash deal?
I was thinking of asking to pay 26.5 - 27k, but thats based off of what carsdirect is offering (27500) for the vehicle.
Entering my zip code, 01609, I received two quotes the first dealer is 46.3 miles from my house at $25,899 and the second is 59.2 miles at $25,799.
I think you should be able to do a lot better than $27,000.
I believe the quoted invoice price I got was $25,200.
Check out the site for prices in your area.
Don't know what fees, etc. they might try to tack on but that seems like a good price (below invoice from what I can see).
Also which dealer gave you that quote?
I just picked one up (EX-L 4cyl - blk/ivory) for $23,650 with trunk trey, wheel locks, wood dash trim, tinted windows, and some other dealer stuff (windshield protection and paint/interior protection) with vin-dots (or something).
I don't have the papers in front of me. I'll update the OOD price later.
I took the e-mail from Sterling McCall and went to John Eagle in Houston because they had the color I wanted.
Manual transmission
Navigation
We paid $25,700 for the car before tag and title but that price includes over $1000 worth of accessories (wing spoiler, fog lights, body-side molding, splash guards, cargo net). Overall we are very happy with the deal and the dealership we got it from.
Before we bought here we had a bad experience with another area Honda dealer. FWIW, if you are in the Atlanta area, Hennessy was great. Everything was as they said, they worked hard to get this car from another dealer as well. DO NOT go to Honda Carland. They had days to get their act together then stumbled around when we actually went in to get the car.
"2009 Honda Accord EX-L AT
MSRP:$26,405
Invoice: $24,088Our "No Haggle, No Hassle" Internet Price: $22,089*
(Valid through 4/20/2009)
*Price excludes destination, dealer options, tax, title and license fees. Subject to availability. Some restrictions apply. See dealer for details."
Is this Internet Price reliable? Seems too good to be true because it sure beats every other dealer that I went to
One of the key ways dealers make money is to get cars (trade-ins) at really low prices. They may give you a really good deal on the car to get you to buy it, but with one hand giveth, the other taketh; they will nail you on your trade-in's value.
This isn't a rant, but just letting some of you know that some of these prices here are too good to be true if it were just a straight purchase."
That's a great point! Dealers can make the new car price look great on paper. A lot of buyers would think they're getting a great deal if the sales contract shows the new car at/below invoice price. But they don't realize that their trade-in was worth $9000 but they only got $7000 for it! The only way to determine if you're getting a good deal is by looking at the entire transaction- new car price and trade-in.
I'm one of those customers that car dealers HATE! Before going to the dealership, I look up the Edmunds, KBB and NADA trade-in value for the car I'm trading. I also look up the Edmunds TMV, KBB and CarsDirect prices for the exact model and options I want to buy. I print all of these out and take them with me to the dealer...but I don't pull them out until I've negotiated the price I want on the new one AND I've let them appraise my trade-in.
I can usually get them down to a fair price on the new car (close to Edmunds TMV or lower), but they offer anywhere from $1000 to $4000 less for my trade than it's worth. Once they have the selling price of the new car and the trade allowance showing on the dreaded 4-square worksheet, I pull out my ammo! First, I'll show them what Edmunds says my trade-in is worth. Their response is that they use Blue Book Trade-In Values. NO PROBLEM, I've got that as well. Want to see the NADA value, too?
At that point, the Sales Manager shows up. I tell him that I won't be trading unless they give me KBB trade-in value. At that point, I usually win and they give me fair trade-in value. If they won't (this is where it gets really fun), I grab a pen and mark thru the trade-in part of the worksheet. I tell them that I won't be trading in my car but I'll buy the new car for the price we've already agreed to! I've gotten several good deals this way, but I've also been yelled at and even told "go somewhere else" using this tactic.
If they don't hate me at that point, they usually do when I get to the Finance Manager and tell him I've already arranged outside financing! :surprise:
Trade in was '94 Accord EX-L w/ 160,000 miles = $1250 (edmuds said it was worth $850 - it was "rough"...bad ABS Modulator ($800), needed tires, rust damage rear quarte panel, small tear in drivers seat - even doing the work myself I'd have spend a grand easy just fixing the ABS and new tires).
'09 EX-L 4cyl w/ trunk tray, wheel locks, window tint, mud guards, wood dash trim, 3-oil changes 1st year)
Car $23,650
TTL= $1646.31 (includind State inspection and $50 doc fee).
Trade ($1250)
OOD = $24,046
John Eagle in Houston
Go there and just look. Don't talk to any sales men. They will likley have a separate sticker on the windshield with some options. This is what they did where I got mine.
They had the "pro pack" which was trunk tray, mud guards, wheel locks, also tinted windows, paint/fabric protect, diamond windshield protection (NOTE: Wax your windshield and the water will blow off like magic - seriously).
Anyway, they added $1,700 for all that and then tried the "it costs us this much" for that stuff...but I really didn't care b/c I didn't ask for all that. Most dealers will add stuff on as soon as they get the car. It helps them with negotiations and margin.
So just know going in what your up against with that internet price and what you'll have to fight through in regards to 'options'.
You got a great deal and I hope to achieve the same. It would be nice to get the extras like you did as well (trunk tray, wheel locks, window tint, mud guards, etc.)
I have a 98 LX Accord to trade in.
KBB says $1500 trade in
Edmunds says $1174 trade in
This is my first "real" car purchase so I'm not really sure what to expect. Any advice would be appreciated!