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Honda Element Prices Paid and Buying Experience
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Comments
But, then, I hear something new evey day it seems.
And I'm surprised living in L.A. (I'm from there) that you would want a five speed with all the traffic. Consider the resale on these down the road. They are a hard sell used.
And, hosebunny...it's true, they don't sell very well. It's pathetic a dealer would lie about having them in stock when they don't.
If you've driven a 2WD five speed, the 4WD won't drive any differently.
Any feedback?
Thank you.
https://hondacuraworld.hostasaurus.com/Merchant2/instructions/ele- ment/roofrack.pdf
Price: $198.00
It appears to be a very simple install for a do it yourselfer. Depends on your mechanical ability.
All manufactures charge these.
I wish they wouldn't seperate it on the sticker.
Also, any locations on a good deal in Ohio/Indiana/Michigan?
Thanks
akherb
tidester, host
If anyone is curious, I'm in Baltimore, MD and bought at Brown's Honda in Glen Burnie.
While I'm here, I have to tip my hat to you folks at edmunds.com. If I hadn't done my research here, there is no way I could have negotiated the deal as successfully as I did. Kudos!
In any event, the Edmunds Maintenance Guide will be fixed soon (i.e., as soon as the holiday rush eases a bit <g>).
Thanks for noticing - great question and good catch!
Steve, Host
There's good site that shows you how to install the keyless entry and a passenger side armrest.
I'm heading off to buy it today!
Invoice price is not what the dealer pays b/c they get rebates (e.g. I go to circuit city after thanksgiving sale to pay $10 for a case of CDs, then send in a rebate so its free).
Take the invoice price
Subtract 2% of the Retail Price (dealer hold back)
Subtract "floorplan fee" (honda builds this in so you can't find out what it is, but I'm guessing about $200)
Subtract any factory to dealer incentives (cost me $7 to purchase a list of current ones, but element wasn't listed)
Subtract and Factory to consumer incentives.
You can also subtract the destination, and doc fees, how else could they sell it to me at this price?
There is some $500 rebate listed in edmunds, but its for the dx model. I'm guessing it may apply to the other ones.
To get an idea of what to offer, add 2%-5% for their profit.
Don't buy anything else from the dealer (glazing/protective coat = scam, no extra warranties, no $300 keyless entry [buy it for $100 and it takes 5 min to install]).
DO NOT GET FINANCING THROUGH THEM!!!!
I did two rounds of emailing to get $18750, and I made sure the out the door prices. Even though a dealer is still saying he'll beat this by $100, I don't trust him. My credit union is giving me a 36 mo 3.6% rate.
I spent about a week researching prices, 3 days test driving, 24+ hours on the internet, and talked to a bunch of older and wiser people. the best interenet site was carbuyingtips.com
enjoy
This is the price they pay
I wish they'd bring back that bright blue that was on the previous gen CRV a few years ago.
Anyhow, I'm planning on installing the keyless entry, approx $107 shipped and it takes only 5 mins. My salesman did pitch that acceessory again to me before I left, but I just smiled and said no ($300, no thank you). Other than that, it took 45 min b/c I and my brother and a friend read through everything before signing; I didn't want to inadvertenly sign something to waive my rights if anything went wrong. I also took the yellow copies off myself and put them in the folder I brought along.
If I was a better negotiator, I could have probably had them toss in the keyless with the $18750 price, since it costs them less than $100 and other honda dealers will "beat any prie by $100". I could also have pressed the $45 documentation fee. I nenver did pay a destination fee of $460. Hope this helps everyone.
If you don't mind, you could email me at element@pettyvices.com
I'm in the Bay area too, looking to get an element (maybe even before the end of the month) and would love to know more.
Did you get any bids from around sacramento?
It is a bit far north of us, but i hear you can get really good deals around there.
If you try sacramento, I would suggest renting a motel room for at least a nite. Use it as a "cooling off" period after you get an offer, and really be prepared if they don't have the car the next day because it was "sold" right after you declined "such an incredible deal". IF elements were such hot sellers, they wouldn't be selling below invoice. Also, they will tell you every model of the element is "hard to come by". You could be able to canvass the other dealerships without having to worry about having to drive home to the bay area. That $80 room (or less) could save you hundreds! It also helps to set an exact time limit you are willing to spend at a dealership (like 45 min or an hour) and tell them that. It makes them cut through the run arounds, and you actually look impatient and mentally are, even if you know you have time.
I hope this helps. Please let me know if it did or didn't!
There is no "flooring charge" for one thing.
What determines pricing on Elements or any other car for that matter is the current MARKET on them.
These aren't exactly distressed merchandise.