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Thanks to this forum for all the help.
Thanks
I am hoping to pick up a 2009 Accord
Went to local dealer ( armed heavily with Edmunds Data)
2009 Accord EX-L V-6 w Auto Transmission - Black - Tan
26,500 +TTL
or 2009 Accord EX V6 w/ Auto Transmission - Black Tan
Except leather added aftermarket but they left out XM/Separate Climate Control and Heated Seats. - 23,919 + TTL
They also say you choose $1500 in dealer cash or take the Honda Financing
Thoughts?
Details:
2009 Honda Accord - EX-L Silver Exterior/Black Interior
$23000 + TTL +$50 document fee.
* I did not require financing.
After a great deal of research, I presented my offer to another Bay area earlier in the day. I arrived with my check book and a low offer and detailed information on the value of my trade. I explained that I wanted to pay $23000 + Tax, Title and License w/o any hidden charges. I explained that I knew this price was possible based on research in this forum. They said this was a great price and explained of how low it was compared to msrp and list. I countered by talking of inventories, recent sales prices, 2010 models available, and the $1500 cash from Honda. This price was indeed possible..
The real problem was trying to get my old Civic traded in as part of deal. Of course they started with ridiculously low trade-in offer. We got very close but would not go for my final offer even when I told them I was going to bring the offer to another dealer...they said that I could call them back if anything changed and that they had my phone number...I then gave them one last chance - I told them that I intended on buying the car today and was going directly to another dealer to seal the deal. No dice.
Then, I went to AutoWest and we were able to come to an agreement very quickly - I presented a low price and was ready to sign a check (I don't want to waste anyones time - nor do I want to spend my time at dealerships). They accepted the offer. A short while later, I drove home in my new EX-L . They were able to wash the car while I was doing paper-work.
It was missing- power adjustment on passenger side - xm - home link a slightly less powerful stereo system - also single climate control ( is that really a big deal in a Honda?)
Black with Ivory interior
24,408 - Out the Door TTL Excluded - this includes 489 doc fee
Did a 36 month lease - 1999.00 cap reduction
Payment $320 ( no tax)
54% residual
.01171 money factor
Hope that helps
PS - This is in Atlanta Area - Hennesy Honda - Woodstock GA
Good luck.
The vin # starts with 5KBCP. All other accords I have seen begin with 1HGCP.
Can anybody decode the first few caharacters of this Vin # for me 5KB?
That is roughly a 28% interest rate. Are you sure about that?
my error - money factor was .000171
You can bypass that, I just got 6% honda financing and 1500 dealer cash on a 72 month note. I intend to pay like a 60 month note, but I got an extra tenth of a percent and the dealer cash!
Pat
I was offered many poor deals also . Be assured there are very good deals out there for Accords.
Here is what worked for me - perhaps you will find it useful - most of this was learned from other postings to this group.
1) Determine exactly what you want - year, make model, interior and exterior color - based on desire, test drive, etc.
2) Determine price by consulting this forum - a great rule of thumb - is to take 83% of msrp (That is the type of deal that is available on 2009 Accords presently). This includes 1,500 from Honda (assuming you don't require their financing). This includes EVERYTHING except TTL.
3) With 1 and 2 complete, you are ready to deal on price alone; This puts you in a very strong bargaining position. Call several dealers and talk numbers with them. Be sure to talk only with the Internet Sale Dept. - not individual sale people. Tell them that you are serious in making a deal. Illustrate knowledge of deals available and tell them that you are ready to buy if you get the right price. Keep in mind that they will start out with an unimpressive number and will rarely give you their best price over the phone ( lots of people trolling for deals and many are not serious).
4) Once you get a good number within about $300-$500 of where you want to be - it is likely time to visit the dealership. Call ahead and meet with the internet sales person. Bring your check book and tell them you are ready to buy. Since the price you are offering is obtainable, they are not likely to let you leave the dealership without purchasing. Be sure to talk about this forum and in detail about deals that you have knowledge of - also mention what you were offered from other dealerships. Eg. Dealer X's opening offer was lower than that. This may also speed up negotiations.
Hopefully, you will get a very good deal. However, if not, you will likely leave the dealership with a very good number that you can use to shop around.
5) If necessary go to another dealer - book appointment first and tell them the deal you want and how close the other dealer was. They will understand that you can go back to the other dealer and will likely give you the deal since they can sell the car in 15 minutes.
A couple other tips..
* Not every dealer will give you the deal that you want. That is why I suggest calling first and talking numbers a little bit. You don't have to agree on a number over the phone however, this will allow you to rule out a dealer that will not budge ahead of time. You will have to gauge whether they find the numbers you are discussing are impossible or whether they just won't commit over the phone.
* Be sure to mention (in a nice way) that any deal would be contingent upon no extra hidden fees suddenly revealing themselves and the car being in new shape. Of course you will inspect the vehicle before finalizing the deal.
* Be respectful of the dealer's time.
GOOD LUCK!
Car: Honda Accord EX
Options (Pre installed) : Tint + Extended Paint Protection + Splash guards (MSRP $1260)
Price quoted : $24763 + TTL
Price Paid : $22200 + TTL (Inc doc fess (rip offs etc)
OTD : $24000 (TTL + Doc fees included)
Financed $19K at 4.9% for 60 months
Extended Warranty - $1680 for 7yr/100K (added to financing) - I know this is a rip-off and hence going to take it off.
Is this a reasonably god deal?
Compared to slydog2's post of 83%, I am 84%
Thanks
Thanks a million for the info and tips. I now see that 28,400 is high. Funny, I countered at 27,900. The dealer should have jumped at that, but haven't heard from him. A great deal would have been around 26,566 (O-T-D) using msrp of 28,995 at 83%, or new msrp of 24,066, plus 2,500 est. Tax/Lic--if I did the math correctly.
Pat
So basically could you provide the price of the car by itself with no options or other fees included. You talk about the pre-installed options and give msrp but you do not say how much you paid for them.
I know you put the price paid but it would be much better to know the break down: if it included the extended warranty and the options (this is why I would want to know the car price without anything else.
thanks
As far as prices being inflated I disagree with you. I think this forum provides many post that have got pretty good deals. I have seen just a few that get bad deals. Of course not everyone is going to get those amazing deals that some people post because e it all depends in your location. Plus you have to consider many things when you look at final price.
For instance, some people have paid around $22,500 for an ex-l I4 while in Houston people are paying around $22,900. But then you have to see that other locations pay $300+ in doc fees while in Houston doc fees are $50 so it kind of evens out you basically get the same deals . This is why I would consider the doc fee as part of the price paid many people do not and that is why it might seem as well as some get great deals.
If you look at the TMV in edmunds most of these deals are way better than the TVM so I would say they are good deals . Correct me if I am wrong but wouldn’t you consider getting a good deal if you are paying less that the average price for those cars in your area.
Also if you are comparing prices paid for american cars and Honda cars then yeah it might seem that prices are inflated but come one overall Honda is much more reliable than most american cars.
But nonetheless but maybe you could be right only thing is that you do not provide concrete information on how the prices are inflated
I am going to return it as my insurance already includes it for much less.
The break down as indiciated ealier
2009 Accord EX (including destination fee) $21200
Options
(tint, extended paint protection plan,splash guards) $ 1000
TTL $ 1800
OTD $24000
OTD: $28,400
Price: $25,400
That was with the $1500 dealer cash back which has ended.
83% would be:
24,400
So its over $1000 from the 83%, it seems that dealer stock is very low on the 2009 and they are not dealing on the 2010.
Any advice?
-Fletch
Thats great.
Can you please give some details about the deal?
Was that Sedan or Coupe model.
I am planning to buy Coupe EX '10 model.
Thanks in advance.
:shades:
Lots of good info & thanks for sharing. So once you are face to face w/ the dealer, are you saying that you will tell that what their competitor is quoting you?
How do you feel out a dealer on the phone to know if the won't tell you anything just to get you in their store?
Thanks,
Lots of good info & thanks for sharing. So once you are face to face w/ the dealer, are you saying that you will tell the dealer what their competitor is quoting you?
How do you feel out a dealer on the phone to know if the won't tell you anything just to get you in their store?
Thanks,
Before showing up at the dealership, I make sure they have or can get the car that I am interested in buying (color, model, etc). I tell them that I am interested in buying soon (not feigned - don't really like haggling - so, I am honestly ready to pull the trigger for the right price), but, am in no rush; I can always grab a 2010 when Honda gives ad support. Based on phone conversation, I know we are not too far off.
When I arrive at the dealership, for my appointment with the internet sales person, I tell them the car that I would like to buy car X and that I have already done a test drive and spent lots of time researching. I tell them that I have an offer from other dealers but, it is not the price that I want. (They have never called the other dealership, however, the deals that I described were real deals - albeit I may have added in free wheel locks and splash guards) to make it a little nicer
They seem to digest the price and try to characterize it. "This is x below invoice", "This is not a reasonable price", etc, etc.
Relax - you have been empowered by the people in this list. You have the knowledge to discuss price! Divulge some of the information you know. Here are some of the facts that I used as talking points:
1) I am aware this is a good price for this car - there are presently good deals to be had for the Accord.
2) I know of a colleague that purchased this car EX-L for $22,400 + $300 fees. (It was a posting to the group.)
3) Accord is not selling as well - there are a lot of inventory available.
4) Accords are often selling for 17% off MSRP - it is common-place.
5) My price includes $1500 off from honda since I won't need finance.
6) I was able to say that I knew of a couple recent deals from other local (Bay Area) dealers. I mentioned the dealerships names too.
Sometimes they dispute some of the points - but, I don't feel inclined to argue -
Eg. they said that inventory is low. I said, perhaps but, the dealerships that I have been to seem to have lots of Accords available. I was basing my observations on anecdotal information.
eg. they said that the price that I have been offered is a bogus price. I respond, perhaps, but, I have to take the dealer on their word - and if they did try to raise the price or add additional charges, I would not give them my business.
The dealers know they need to get rid of the 2009's. In the worst case, they should give you a very good number before you leave. If it is not good enough, tell them that you know that you can get the Accord for a lower price. They may even offer you a lower price when you thank them and are ready to leave. Still not low enough, tell them that you will keep them in mind but think you can get a better deal.
If necessary, you can talk to another dealer and tell them very briefly you want to buy, you have a reasonable offer, but want a better deal. Hopefully, your negotiations can start at this low number. This dealer has little time invested and can sell a car quick.
Things to consider:
- The inventory of the make, trim, model you are interested can affect price you are able to get. It seems to me that black EX's are more difficult to find - and there are a lot of LX's available. (I suspect you could get a great deal on a silver LX!)
- Think about your financing, trade-in;'s and add-on's ahead of time. These may account for much more than any savings on the purchase price.
- Mention during negotiation that your offer includes EVERYTHING but TTL - no phony charges.
- Inspect and test drive the vehicle you will be purchasing after you have agreed on price but before siging paper-work. A new car should be in new condition w/o 500 miles on it.
- You deserve a good deal!
We each gotta have our own style when dealing - but, if in doubt, come back to this forum. There are a lot of people here who have provided indespensible information.
Apologies for being such a long-winded blow-hard. Guess that I am happy with my deal/car and hope you will be too!
I'm also in the Sacramento area, can you tell me which dealership you went to and did you have to haggle a lot for that price?
Thanks,
Ram
Is this a good quote? I've seen better deals that others have got on this forum. How can I negotiate a better deal? Thanks!
Selling price: $19,883 (including protection package)
Tax: $1943.96
License: $324.75
Dmv doc: $55
Total out the door: $22,206.71
Auburn Honda. No, not a lot of haggling, just some phone tag to reduce the price a bit. Gave me a trade-in quote over the phone and stuck to it. They really treated me well when I got there.
Pat96
http://finance.yahoo.com/news/Car-dealers-fight-slow-sales-apf-993711291.html?x=- 0&sec=topStories&pos=4&asset=&ccode=
I am looking to buy either a 2010 or 2009 Accord LX-P and am trying to figuer out the best possible deal. I am paying cash for the vehicle however I feel as if i can get a better price than what ive already received. I was given the quote of
2009 Honda Accord Sedan LX-P Auto MSRP:$23,415 Internet Pricing: $ 18,947+710 destination, in anyone's opinin do you feel thats a fair offer, and as welll i got a quote on the EX and 2009 Accord EX auto MSRP:$25,115
Internet Pricing: $ 20,450+710 destination? Any insight you can provide is appreciated. Thanks Jared