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Comments
The following are not standard: wheel locks, mud guards, cargo mat, roof rails & cross-bars (LX) and cross-bars (EX)
2004 odessy EX-L (no trade)
$27,015 on the road: which included tax(5%), tags($173), Processing Fee(100)
Cross Bars for roof rack: $115 (rip off)
wheellocks: no charge
mud flaps: No charge
pinstripes: No charge
Door edge and fender edge protectors: No charge
Try asking over in Any Questions for a Car Dealer? - those folks will tell you if you're on the right track or not.
Steve, Host
I have to ask...why would you want to do this to yourself? You are repeating the same thing that got you into trouble in the first place.
I would strongly suggest you simply finish out your lease!
We've all made purchases that seemed to be the thing to do at the time only to have regrets later.
Don't be so hard on your husband.
My first choice was the cloth EX with the rear DVD system, but they would not discount those.
The dealer will let me charge $2500 to my Amex credit card (for which I get Starwood hotel points).
This board was a great help to me as I was ready to settle for vehicle invoice price plus $730 +/-for back-up sensors. I thought what the heck, see if they would take less than invoice or throw in the sensors for free.
By the way, their services were excellent from the beginning to the end. I will purchase another vehicle from them again within 2 months. (need a honda civic)
I'd gladly pay an extra hundred or so to a more pleasant salesperson than this one. Funny, my car can actually drive to 40 other dealerships all within an hour or so. And my dealings were not unreasonable but their start was which I abruptly rejected. Of course, they came down from that inflated price and tried to push it as a HUGE gesture. REJECTED. Well, they have my number. I am moving on.
I'd like invoice, wouldn't we all, but I'll give an extra 2-300 for the EX w/cloth which is an already outdated vehicle given that it lacks leather, dvd, NAV. There are 30+ still in inventory in a 30-mile radius.
I don't believe that is unreasonable. Do you?
Later
Any comments?
Ex/cloth(including the dest) +/- pocket change on color choice
2/17/04 - 26642
3/10/04 - 26284
4/2/04 - 25696
$946 drop in average price in 35 days. These numbers have to delayed a bit as well in reporting. Not making it an exact science but you have to figure there are some 24500 as much as there are some 26000 in the sales to get the average.
I think the main reasons pricing continues to dopr on the Ody is 1) the Sienna availability and pricing (i.e. they aren't/can't hold to MSRP anymore) and 2) anticipation of the '05 Ody intro which is not far off. I think the new Quest has had little to any impact.
Go buy!!
3K discount per vehicle* 100K copies/year * 5 years = 15 Billions Dollars. Any comment?
Steve, Host
Thanks,
1. Based upon Honda's reliable reputation, is it a wise move to buy it? Or shall we wait a little. Most of the quotes I have (especially on line ones) do not have any surchange if you buy it when the vehicle is less than 2 years old or less than 24,000 miles on it.
2. I was quoted from several dealer in SC area (I am in GA), for 7/100/$0, around $1060; 7/75/$0, around $850. It seems they are really hard to reduce further. I noticed several post here said they got it around $700, $800 for 7/100/$0 from the dealership where they bought the car. My dealership offered me a ridiculously high price and we turned down.
3. Buy Honda Care or third party?
Further 100,000 units x 5 years x $3,000 is $1.5 billion - not $15 billion. Look at in this perspective: Wal-Mart had their first $1 billion sales day the Friday after Thanksgaving 2003.
It's a lot of money to me but spread out over 500 dealers (I'm guessing here), it's not a huge amount.
Honda (and their dealers), like any other business is going to charge what the market will bear. Car sales are slow right not, so lack of demand is lowering prices across a wide variety of models. Or so I hear :-)
Steve, Host
It is interesting that prices continue to go down even though price pressure at the raw material side is exploding (aluminum at $.93/lb, copper at $1.40/lb, sheet steel at $.33/lb, nickel at record highs, oil and natural gas (which makes most plastics) all at or near record highs. Even the labor (health care in particular) are skyrocketing.
Host Steve has to be right that supply is way over demand. Profits for car makers, and their sub-suppliers, are surely going to be way off this year from previous years.
Myself included!
Is this a good deal?
Also, can anyone provide an estimated cost for the dealer to add a trailer hitch with wiring harness (without towing package)?
Toying with going for the cloth w/DVD although portable dvd plays all kinds of DVD types.
I might have missed it but was Invoice nailed down. MSRP is simply $28,230, Just a mere $750 more for the DVD on an EX w/cloth.
And what's the story with dealers knockingoff the dest charge or getting $500 marketing? I guess either way the price to customer can be reduced $500.
Thanks
I don't know if it is possible to get your money back, but it would not hurt to ask them.
However, my wife picked it up yesterday and they charged her $1500 for the extended warranty. So I'm going back to reduce it or cancel it. (I'll be looking to get it for $1000 - Is this reasonable?)
Good luck to all
I'm a new Sienna owner, and just paid $800 for Toyota's Platinum 7yr/100K/$zero warranty (negotiated after the price of the van had been established).
Rick Hendrick has a dubious ethical reputation, you know. A few years ago, he was convicted of bribing Honda distributors with Rolexes to get larger allocations of hot vehicles.
I would avoid any Hendrick dealership for this reason alone.
Anyway, even invoice isn't happening around here. We're only seeing the effects of the $500 MFG to Dealer incentive. Still ?stupidly? happy to buy at $200 over invoice.
Or just do an internet deal with your local dealership and tell them your price. See what you can get.
MD is loaded with Odysseys and selling at these prices as well. Not much INV here unfortuantely.
Thanks
Sure, the Ody is a fine vehicle--but changes in the minivan marketplace are making models outdated faster than ever. Considering its antiquated interior and lack of side-curtain airbags (among other missing safety features), Honda's van is by no means the industry leader anymore. I'm amazed anyone on this board is having a difficult time getting a price that's anything but at (or near) invoice.
So stand your ground, Odyssey buyers. Sure, arrogant Honda dealers will have the upper hand once again when the '05 Ody is released. In the meantime, if you're not willing to consider a Toyota Sienna, then at least don't pay more than invoice (or under) for Honda's dinosaur.
I'm probably going to love the new 05 Odyssey, but I'm sure its price will exceed my budget. I'm super happy to have worked out a great deal on a great minivan. And I'll agree that you can't go wrong with either the Toyota or Honda.
OT: When I was test driving the Sienna the accelerator pedal got stuck on the floorboard! Let me explain, this dealership likes to flip over their floor mats so that they don't show wear after test drives. Well, mine had slipped forward and when I stepped hard on the pedal, to the floor, it stayed there. I quickly reached down and pulled the pedal up with my hand.
With the new car pricing looking like deals are more at hand, what do you think of this? What would you offer to the sellers?
The car is very clean.
Shelly
You may want to ask over in Real-World Trade-In Values too.
Steve, Host
TMV:
Trade in: 24,800
Private Party: 26,500
Dealer Retail: 29,500
Certified: $30,100
Would you start negotiating down towards the Trade in amount?
Shelly
I wonder if the seller looked at TMV too and padded the price so they could come down $500 and be in the TMV ballpark?
Tough one - remember that TMV reflects what the average buyer is paying in your area and you want to be, in this case, below average.
Any idea why they are selling? Did you run a Carfax on the van?
Do you love it?
Anyone else? Isell?
Steve, Host
They said they just don't need that big of a car. They have one child that is 2 and another that is getting ready to drive.
I am going to run a car fax today when I get the vin. I always run carfax (already signed up for the month and have run 2 through it this weekend).
I do like the car, but I can be very unemotional. If this doesn't pan out, I'll let it go and wait for the right one. Seems that the 04's are getting some good deals, and the interest rate would be better on a new car.
I've got some internet requests out to new dealers and see what they start quoting today in comparison.
Anybody else have any thoughts? I'm all ears and ready to learn..... : )
Thanks, Shelly
I have a dilemma which I'm hoping you can help me with. I'm looking to buy my next vehicle, and I basically have come down to the following two:
1) Honda Odyssey EX Minivan (Approx $25k)
2) Dodge Ram 2500 Lariat Diesel+Leather 4 by 2 Short Wheelbase pick-up (Approx $32k)
This is going to be primarily my vehicle, although my wife might drive it when we go on long trips. I'm looking for something that will carry my future family (due soon), as well as carry home improvement goodies, and be my general daily driver. I drive about 15,000 miles a year.
I like the Ram because of its power, and I want a diesel, because its more economical than a gas truck. If I wanted a gas truck, then I'd probably not opt for a Dodge.
I like the Odyssey, its a great vehicle, but I just don't see myself driving a minivan, or for that matter a truck, but I liked the drive the truck offered over the minivan.
So, now I need your help and advice. What would you recommend for someone who is going to have a family soon. Is the 2500 - or a pick- up for that matter - a good family vehicle. How reliable is the Odyssey? What should I be looking at paying (Bay Area, CA) ?
Any comments most welcome.
Thanks,
J.
IMHO, the Ody will be a better handling and riding vehicle on a daily basis. I believe it will be more reliable and offer better resale in the long term.
As an aside, I've used ours to haul drywall, lumber, boulders, bags of soil, fence sections, rental power equipment etc. for 4 years now and have been extremely happy.
1) SUV was cheaper vs the full size quad cab, which was relatively new or just on the horizon in the full size pickups about that time. Seems to me they were just a half door at the time so inconvenient to get in and out.
2) SUV had 5 real seats that rate higher in crash tests versus rear seats in pickups. I had just 5 in the family at the time and the pickup was really good for just 4 if you wanted just 2 in the front seat.
3) small SUV got better gas mileage (19 vs about 14 mpg)
4) price of small SUV and 275 lb Aluma brand 548 utility trailer (probably most expensive in market at $1000) was much less than pickup, but with less engine power (had to give up something!)
5) utility trailer had 1700 lb load capacity - pickup had 1000 lb (1/2 ton). This is huge when hauling stone or dirt or sand.
6) Utility trailer is easy to clean up and doesn't depreciate the daylights out of the primary vehicle when you haul rock, sand, dirt, etc that dings it up (trust me - you would never let a front loader at the materials store dump a load in your $32000 pickup!)
7) utility trailer is easier to unload than a pickup. Comes with a ramp for easier hauling of lawn tractors, ATVs, snowmobiles, other toys.
8) utility trailer is easily adapted to a bolt on rack for hauling 6 bicycles at once (there are no rack for 6 bikes for cars/etc) which was my initial drive to get a pickup/trailer
9) the ride of the SUV was tremendously better than the full size pickup - parking, cornering, highway ride (4 wheel independent body on frame vs rear springs truck frame)
10) utility trailer could be sold with little depreciation after I had used it for all my needs
The knocks on a utility trailer is that you have to store it somewhere, which in the city and the suburbs is not really an option, and you may need to insure it if you get something worth stealing. Some newer models have folding tongues which make them fairly compact - about 6' x 9'. My neighbors have not complained about the shiny aluminum trailer that spends the winters in my driveway, usually under a pile of snow even though the protective convenants say it should not be allowed.
If I had to make the same decision today it would not be SUV vs pickup but would be minivan vs pickup and I would take the minivan and the utility trailer in a heartbeat with the great towing capability, price, and the incredible horsepower you get in a minivan (the 245 hp in my 2004 Honda Odyssey blows away the 170 hp in my 1997 Nissan Pathfinder and has a much better ride and better fuel economy).
Good luck and beware of future additions. My 5 seat SUV became obsolete as the family hauler when baby number 4 appeared.