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As others have posted, getting OTD (base price, dest, & any fees) for Invoice to Invoice + $200 should not be difficult to do. TTL is unique for each person (based on where they are buying the vehicle) so remember to view that separately when you read through this forum.
As far as putting them on the defensive -- it's not something that concerns me. I'm not there to make a new best friend.
Meanwhile, I'm dealing in person with Brew Honda in Longview TExas where I have previously bought 3 Hondas. The lowest price they have offered me is $25300 and they keep mumbling something about having to charge more since they would have to deal with another dealership to get the color I want and blah blah. I told them about the other equote and they started rambling on about how Jack of Diamonds probably can't get any and would charge abunch of fees once I got there and so on.
After reading the really good quotes people on here are getting and on 4WD at that, I really feel like I'm getting royally screwed. Any help??????
Some of these dealers really try to differentiate themselves. Before we even talked price at one dealer, the dealer was telling me they are offering a "lifetime" engine warranty on every car they sell. Of course, I'm thinking, how much is this going to cost me. Needless to say, we never got that far. I'm going to wait for a 2009 as well.
Car buying can be so over whelming! Last weekend my sister bought her very first new car at 48yrs old. She was so distraught every time she even thought about going to a car dealer, as she had "no clue". She asked me for help, followed my instructions to the letter, went to the car dealer alone and got a deal that she can feel good about, (of which I outlined in a previous post), EX-L AWD $24,330+670 dest+1250tax+299doc fee+75reg+29sticker. They even found the color she wanted at another dealership for her.
First I think that you should get more than 2 quotes, if you haven't already. I obtained more than 10 (using the Honda.com site) but that is a little over the top, I admit. It doesn't matter if the dealer isn't local. Let them know that you are willing to travel if necessary.
When you ask for a quote be specific. This is important. Tell them that you want a quote without destination and an itemization of all fees/costs. I was surprised to find that nearly all complied. Also let them know that you are serious by letting them know that you will be buying within the next few days. This makes a big difference, in my opinion.
You should be able to get a good handle on the dealer's invoice cost thru reading this website. Personally, I would "shoot" for approx $500-600 below the dealer's invoice(before destination). Also if you can go within the last week of the month they are even more motivated. I think the key to the quotes is getting an exact listing of all fees and costs so that you can compare "apples to apples"
Once you have obtained all quotes, go to the dealer you would most like to do business with and show him your lowest quote(s). I always carry a folder in hand.
Because you have done your homework you should have a target price that you are comfortable with. Present him with that price and tell him that you will buy right, on the spot now, if he can meet it.( I also recommend having your financing in place before you go-If the dealer has a better rate than go with it)
Otherwise, be prepared to walk.
If they see that you are serious, have done your homework and are prepared to walk you have a very good chance of getting your price.
Good Luck and let us know how it turned out.
Did you also contact Commonwealth in Burlington?
Thanks
Thanks!
We are lucky in the North of Boston area, as there are quite a few Honda dealers. I never had to speak to a salesperson, as I was able to do it all on line. I used the Honda.com site and used "locate a dealer" option,entered my zip and clicked on "list all". Then I proceed to fill out the short form provided, being very explicit as to my quote, asking for a complete itemization of all fees,costs etc. I entered all zeros for the phone number so they wouldn't call and under "contact preferences" I checked "e-mail".
I was delighted to receive complete quotes for the most part and when I replied, asking for more info they jumped right on it
.
The dealership that I contacted in Burlington was Herb Chambers. Commonwealth Honda is in Lawrence, Ma.
I stated in my previous post that I assisted my sister with her purchase. I did all the research and forwarded the quotes (which by the way had my name, not hers on them) to her. The kicker is she got her "car buying confidence" up and decided to go to the dealer without me. This is a person who thought she was going to be sick when she first pulled int the dealership! She purchased the car out in Western MA instead of out here, even though the best quote were North of Boston. If my sister can do this so can you!
The best quotes came from Commonwealth in Lawrence, MA:
Thank you for your inquiry. We have a great availability of the 2008 Honda CR-V EX-L . The List Price on this vehicle would be $27,370.00 and the Invoice is approximately $25,491. Our net cost on this model with all incentives, rebates and coupons would be $24,957. Our best price is the price that beats any other dealership. It's our policy to beat any bona-fide deal by up to $500.00.
And
Atamian Honda in Tewksbury:
MRSP $27,335
Internet Quote $25,456 WITH destination
The Internet sale Mgr was wonderful-even though I didn't speak with him on the phone he answered everything completely-no pressure and was very up front-
Again, my sister paid $25,000 WITH destination and they obtained a car from another dealeer for her You may do better than that.
You just need to put a little time into requesting the quotes-go prepared to walk away if they won't meet your price.
You don't need to talk to anyone until you are absolutely ready to buy
Please let me know what happen or if I can answer anything else-
GOOD LUCK!
Even though this would have been my 4th Honda, I think I'm going to look at other brands. Perhaps a Mitsubishi Outlander or I may just switch to a car.
He also told me they like to at least turn a profit on the holdback, which is only 1% that they receive at the end of the year.
Isn't this a holdback "bonus" in addition to the 2% they would get?
This is my best offer so far in real numbers: $25617 for cr-v & doc, $1610.43 tax, $80 licence & title, $150 doc. for a OTD fo $27457.43.
I do have another dealer that says he will make it worth me driving to west of St Louis and beat that offer but I don't have that in writing yet.
I'm a bit surprised by the prices still being charged by some dealers for 2008's, this close to the 2009 release. I hate to say it, but for those interested in AWD, I'd consider the Subaru Forester, which is a 2009, but it can be had for within $500 of most of the prices I'm seeing here. It's really a very nice design with better leather seating, especially in the back seat, and seats that lay flat. Of course Subaru Limiteds can also be hard to find, as apparently they blew the forecast for that model. The reason I say the Limited is because I don't think the intererior of the standard trim compares as well. OH, and homelink is an option.
VIP Honda sent a quote of $1 under invoice. Clinton was about $450 over invoice. Clinton was closer to where I live though, so I went there to test drive, and they matched VIP's price (their doc fee is $100 less than VIP's, so they quoted me invoice + $100 so the total price would be the same).
Price was $23,227, including delivery fee. After taxes, doc fee of $197, DMV fee of $251, etc, total was $25,300.
At delivery, they tried to sell the HondaCare warranty, etc, but it wasn't pushy. Overall, I'm happy with my experience.
Price - $27118 (incl destination)
DMV - $25.50 (I transffered old registration and plates - saved $225)
Tire fee - $7.50
Docs - $197
Tax - 7% NJ Tax
After a long time, I have seen car dealers (may be this one) pushing for extended warrenty. Stay away from it ...
$99.00 dealer processing charge (seems like extra padding to me)
tax, title, registration, tags cost of $848.00
total cost for EX AWD 2008 CR-V OTD with roof rack - $24,536
good, bad, ugly?
Also, in reading other posts I am unsure what OTD includes...is it the price plus all taxes and fees, or just price and fees not including taxes.
Any help would be greatly appreciated.
As far as inventory? The new model CR-V has typically come out later than the other Honda models... Usually in November, but as late as January in the past.
Hope that helps,
kyfdx
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I don't know if this will help you but we recently purchased a 2008 CRV AWD EX-L in Massachusetts with a MSRP of $27,370 for $26,653 OTD.
The breakdown is as follows:
$24,330 + 670 dest +1250 sales tax +299 doc fee+ 75 registration +29 state sticker
I don't know the market in Seattle but I would work my best deal and at the last minute tell him that you will sign if he can throw in the roof racks that you are interested in.
I have a quote around Seattle WA as follows :
$23500 ( MSRP $24150 ; Invoice $22457 ; TMV $23051 )
2195 Tax
150.75 Licence
50 Document fee
________
26,000 Out the door
As a first new car buyer, would like to have some help from you guys.
What should be the price that I can make this deal...
Is there any questions that I need to ask..
Thanks.
I saw the post from beaker1966 and your(mquillen) reply. I am thinking that should be the target - 22K for the base price. I will post a follow up on this deal. Thanks!
As soon as I decide between the CRV and the Rogue I'll begin. Thanks and I'll check back and let you know.
kim
If you can go before the month is out you stand even a better chance of getting the deal you want, as they want to hit their number before the months end.
Let the dealer know that you are ready to buy a car from them right then and there if they agree to your number. Let them know that you are shopping around and already pre-approved for financing. The $22K, in my opinion, is decent, but I would go for 21,800 or so. Don't back down from your number-be prepared to walk.
The key to this is that they must think that you are serious about buying-They don't want a serious buyer to walk out the door- Just be firm-
Let us know what happens an Good Luck!
Price $20,392 (inc des)
MA tax $1,019.60
doc fee $259
Reg $86
Inspection $29
Title $5
Total $21,790.60 OTD
Don't beat yourself up over this. My sister went through the same thing-she was clueless and would get sick every time that she drove onto the dealer's lot. Makes no sense to me because she makes life an death decisions at work everyday but felt totally inept at buying a new car, not to mention vulnerable. I think that being female has something to do with it. I took me several new car purchases to get the hang of it.
Once you are committed and are confident because you have done your homework, you will feel so much better about this.
I am looking forward to hearing about your experience! Good Luck!
Bugg
The Forester as I stated is a 2009, vs a 2008 for the Honda, it has fog lights, heated seats, heated mirrors, heated wipers, homelink, and of course leather seating, cargo tray, cargo cover, all weather mats, splash guards, and an oversize sunroof. Also, it has Subaru's superior AWD system (I'm not trying to start a debate, this is well documented). All this, and it's a 2009, for $25,401, +250 Doc Fee, and sales taxes. That's about a 200 below invoice with the accessories priced at invoice, too. I'm sure I could have done better, but the salesman was great, I got the color I wanted, and the Limited can be hard to find in Ohio right now. In my opinion, the fog lights and the homelink put the deal over the top, because they add about $600 to the price of the CR-V, and that would be an aftermarket homelink/compass mirror I'd have to install myself because Honda doesn't offer that option.
For those of you that can't negotiate with your Honda dealers, consider taking your business elsewhere.
$23,830.00 was the price of the vehicle + taxes and license = 25,991.99
One of the things I like about the Honda engine is the timing chain that will last the life of the vehicle (no need to replace at 90K or 105K miles). That's just one thing that makes the engine exceptional. In my opinion the Honda VTEC is one of the best engines made. It's much more sophisticated than most normal buyers realize. I'm still a Honda fan, just not a fan of Honda dealers, lol.
Besides, I just bought an Impreza!!
That's after driving CR-Vs for the last ten years.. :surprise:
regards,
kyfdx
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I guess I'm definatly guilty of being arrogant...sorry.
Holdback isn't profit either, far from it.
Then we have this tiny item called overhead...
EFPAT
Isellhondas, I didn't intend to demean you or your trade. I can tell by your posts that you seem like a fair person, and I'm sure you are one of the good sales people. But let's face it, there are far too few of you, as made evident by this board.
Following is the best quote I have until now - $22,888+TTL
I'm also looking for an extended warrenty for which was quoted at $1326 (3 year extended warrenty bumper to bumper).
The vehicle is costing me $26,700 OTD w/warrenty.
Would appretiate if you can post a follow up on your deal.
what do you guys think? this was in bay area, CA
Congratulations to you !!
Could you please tell me the name of the dealer? I am looking to buy the exact same vehicle in the same area.
Thanks much !!