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QV
One thing I couldn't believe was the simple things Toyota could have done to improve the interior. In prior Sienna models they were like a Lexus on the inside,but not anymore.
Victoria in Calgary, Alberta, Canada
Victoria
LISTEN UP ODYSSEY MINI-VAN BUYERS..
If the dealer buys a van for $30,000 at Invoice, and they sell it to you at a invoice price of $30K, they still made a profit on you. Dealers get a holdback of 2-3% on the price of the mini-van. So Honda manufacturer sends them a check for $900 at 3%. So yes--holdback is profit. They have room to move on the price. Use this information to your advantage when Negotiating with the sneakies....out there...
But most dealers are loathe to dip into it. That holdback is typically used to cover their financing costs on their inventory.
Technically, they couldn't charge you a 2% fee for using the card as that is prohibited in their merchant agreement with their processor. More than likely, their merchant agreement prohibits them from processing an entire vehicle purchase - I know that my agreement does and we aren't even in the business.
Also, while doing my research, I read many times that the hold back was 3% of the MSRP and not 2%. My 2 cents.
Do what I did, buy about 4 of those POOL NOODLES, cut them in half and slip them over the cross bars (hurricane bars) toward the bottom of your garage door, hold them in place with zip ties. It's working great with no problems. The POOL NOODLES will absorb not hitting the metal portion of your garage door.
The only thing though, you have to open the rear tail gate Manually, because if you use the remote opener on your Key Fob, the door will be in electronic mode, and as soon as it senses resistance it'll close back down....good luck...!!!
The key is that they didn't let you charge the entire car - merchant agreements tend to prohibit that. As for charging you the fee, again - it's prhobited in standard merchant agreements. Maybe car dealers are exempted.
I read many times that the hold back was 3% of the MSRP and not 2%.
Depends on the brand - IIRC, Volvo has no holdback.
web site. The Honda holdback is 2%. I've also included the URL.
http://www.edmunds.com/advice/incentives/holdback/index.html
It does cost the dealer to put up this big HONDA sign on the street.
LX - $25,161
EX - $27,927
EX-L - $31,000
EX-L(Res) - $32,405
EX-L(Navi) - $32,758
Touring - $36,536
Touring Elite - $38,728
The smartest Honda buyers have got these prices as on date. I know these are low but posted them so we are more informed on overall market variances.
Thanks!
seattle area
Now let's go get 'em.
GO TO TIRERACK.COM they ship everywhere. you can pull up your make/model/trim/color of your car/van and apply different rims and tires to your car/van.
You can PIMP OUT your car/truck/van without leaving your home in you underwear...!!
GOOD LUCK...!!! HAPPY SHOPPING.....!!!
on another vehicle and they were junk. The salesman told me they only put the
Michelins on the EX-L w/Res and higher models. I told him I wanted the Michelins or
no deal. They made it part of the deal. I paid $1100 over invoice and they gave me
$13000 on my 2007 Colorado extended cab pick-up. I was happy with the deal.
The new Odyssey appears to be smaller but the dealer kept insisting it was larger than the previous generation. Anyway, I sat in the van and was annoyed at the low ceiling. I bumped my head a couple of times exiting the van sitting on the second and third row seats. The dealer says honda decided to make it sportier by making the minivan a little wider and lower. I hate this!! By doing this, the minivan is not as comfortable as the previous generations of Odysseys. Also, lots of cheap plastics are being used all around the interior. The minivan drives nicely but not as roomy and comfortable as the one I owned. By the way, I brought my my family (two small kids) along to the dealership and they liked the old Odyssey better. Also, the new Odyssey is selling at or near MSRP so we will continue our search for another vehicle.
Honda dropped as much as 4.4 percent, the most since June 7, to 2,807 yen and traded at 2,812 yen as of 10:16 a.m. in Tokyo. It was the second-largest decline among companies in the Nikkei 225 Stock Average, which fell 0.1 percent.
The automaker expects to earn 92 billion yen ($1.1 billion) in net income in the six months ending March 31, compared with an earlier forecast for 105 billion yen in profit, according to a Bloomberg calculation based on the company’s first-half earnings statement on Oct. 29.
Honda revised its outlook as the yen trades near a 15-year high against the dollar, reducing the value of overseas earnings. The Tokyo-based maker of Accord sedans also lowered its full-year global vehicle sales forecast to 3.615 million units from an earlier estimate of 3.64 million, citing weaker demand in North America and Europe.
Sales in North America aren’t recovering as much as Honda earlier expected, Executive Vice President Koichi Kondo said.
Toyota’s share of the U.S. auto market will sink to 15.6 percent from 17.9 percent a year ago, the largest decline among major automakers. Toyota recalled 1.1 million Corolla and Matrix models last week for problems with stalling, which adds to the more than 8 million vehicles it recalled in the last year for defects linked to unintended acceleration.
‘Surprisingly Weak’
Toyota’s “surprisingly weak” sales also could be driven by “sharply increased competition from Honda, which started offering very generous deals to buyers,” Barclays Capital analyst Brian Johnson wrote in a note last week.
Honda boosted discounts by 66 percent from a year earlier while Nissan raised incentives 28 percent, and Toyota lifted them 27 percent.
Goto http://www.edmunds.com/advice/incentives/holdback/index.html
This information is coming straight from the website you are currently on..good luck..!!
The price we settled was $32850 including dest charge + fees + taxes.
is the dealer trying to get out of my deal by any chance?
that ensures prices to remain firm.
nyt comes back
w/ a not so glowing report on the '11
i use to want one
http://www.nytimes.com/2010/10/31/automobiles/autoreviews/31honda-odyssey.html?_- r=1&scp=2&sq=2011%20honda%20odyssey&st=cse