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Comments
Enjoy your new Honda. I'm still waiting for my black EX.
I have a current quote from a dealer in Raleigh, NC for $16,700. I know the invoice without the "destination fee" is around $16,300. With the 2008s around the corner is it possible to get cheaper than the 16,700 price? I have pushed a few dealers and am getting a bit of push back on going lower than this price. I would think with the 2008s coming around the corner they would be more flexible with the price. Also does anyone know when the 2008s are coming out and an idea of their price for the LX?
Thanks for the info.
Invoice on a 2007 LX Civic sedan with auto is $16,944, the 5 speed invoice is $16,210 - these numbers include destination.
If you have a dealer that will sell you the LX auto sedan for $16,700 including destination and dealer fees you should go get it.
Don't be one of those folks that tries to squeeze every nickel out of the deal and make yourself miserable. It is mid-May, hardly "just around the corner" to the new 08 models. Take a good deal and enjoy your new Civic!
Dennis
Good luck and don't give in....
To get accurate tax/title/license information, go to your state/local DMV website or tax assessor, as appropriate. The rates should be there (you'd need to know what to collect/submit if you were buying or selling a car privately).
In this forum, the best price to discuss is the post-dealer-fee, pre-tax-title-license price (because the latter varies a lot from place to place).
I'll agree with "isellhondas" that it's not really any of my business what their profit margin/holdback/etc are, as long as I'm able to get a "real" price quote that includes everything that I can compare and shop against for the best price someone is willing to sell for (and knowing the above just helps me get a ballpark idea of what that good price might be). Separating a last-minute $400 fee from the real price is unfair IMHO, just as much as waiting until the documents are prepared and then springing a trade-in on the dealer.
I'll disagree with "isell" that *many* of these prices didn't happen, however, as I have a shiny (okay, dirty now) Atomic Blue EX and a sales document that matches mine
Enjoy!
Josh
$65 service fee
5.5% tax
Dealer said he would sell it to me for that price even though they won't make a profit on it. Is that true? Does this seem like a fair price?
I can tell you, "I paid $23k for a brand new EXL V6!"
what i've left out, however, is that I paid a $500 doc fee, $400 pinstriping, $250 wheel wax, and received $1k less for my trade-in than the dealer is going to sell it at auction for.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
When I see someone spouting off that they paid less than a dealer paid even after deducting holdback and any incentive money and there was no trade involved, I know that price never happened.
I think some people just forget or they want to upstage everyone else.
I need to buy one soon, same 2007 Civic LX AT, in San Diego area.
Which dealership? thanks.
and yeah, no other options added, I don't know about most people but once i've been negotiating for 3 hours I don't want to start all over again on things I could care less about, like mud flaps or a stupid pin stripe. Get it aftermarket and save yourself a bundle.
The best OTD price I can get on one (4 door, automatic, DX edition - I think) is $20,668 - MUCH higher than the other cars... What's a good price on one?!? Right now Im in Florida, but will be moving cross country to Seattle - so if I dont get a good deal here, I'll just get one there. HELP!
$18850
$59 service fee
$123.50 title and license.
tax $1040.00 5.5%
total: $20072.50 OTD
In Wisconsin
DX is the bottom trim.
Could you have meant EX?
You can get LX's (a higher trim) for in the mid 17500's OTD if you look around a bit.
Aisha
Purchase price $20,550 + 3% tax + $189 processing fee
OTD $21355
I will pick it up the day after Memorial day.....I hate waiting. Hope this helps anyone in the market for one. Edmunds invoice $20,182.
For clarity, my price for the Civic Si 4 door was $20517.00 and that included everything except tax (7% here in GA) and title/tag ($22). The car already had pinstriping and mud-flaps added, so those are in the $20517 price.
Hope that helps with clarity. Thanks again for the advice.
best,
jeff
Bottom line...post everything and use just what figures you need. End of story. Maybe the hosts should decide on this matter.
And Chris, maybe I don't know as much about "buying a car" as you do, but I have bought a fair number of them in the last 30 years.
The Sandman
1a: Base price
1b: Destination fee
1c: Dealer doc/advertising/other fees
(the above 3 can be combined; as far as I'm concerned that's the real "price" of the car. A price $200 below invoice with a $400 doc fee is really $200 above invoice)
2: Dealer installed options, if any (pinstriping, wheel locks, etc). It can often be worth expanding your search to find a dealer that doesn't put these items on every car if you don't want them.
3a: Tax/title/license. This you should be able to match exactly with info from your DMV given the price above. In some states, it can vary by county or town.
3b: Any other "government" fees (tire recycling fees etc).
4: All of the above should equal the total OTD price
5: Some basic info on financing, trade-in is good too (e.g. "I financed with the dealer at 38% APR and they gave me $500 for my 2006 Lexus" might change the deal a bit :-) As might "I got 0% financing and they gave me $10000 for my 95 Neon :-))
If you're getting an email or phone quote, it's a good idea to get that breakdown anyway, as it prevents surprises later.
Enjoy!
Josh
In many areas, it's not just a simple tax rate to calculate TTL -- in California, there's a fixed registration fee, then a value-based license fee, then sales tax on top of that. So it's hard to determine the pre-TTL price from the OTD with just a percentage rate, unless you know the details.
And some dealers (or people here) seem to creatively move numbers around to make it seem like other things are part of TTL, so some people get confused when they report the "price"
Anyway, I know I personally appreciate you and everyone else who posts the details; it helps everybody be an informed consumer (it helped me determine whether the quotes I was getting were a decent deal or not).
Thanks,
Josh
Purchase Price: $17,851
Dealer & Doc fess: $399
Total: $18,250
Tax is another 7.4% in Colorado. I was happy with the price, and thought it was about the best I could do. The $17,851 is still $1000 less than the Edmunds TMV for my region.
Who did you deal with? You can e-mail me via my profile with the dealer info, if you would like.
I had the S2000 in for an oil change today and test drove a new Si sedan. Thinking of getting one to replace my RX-8 (it is a THIRSTY car).
Thanks,
Dennis
A question for the group: the car came in today and during the inspection they found a spot about the size of a quarter the salesman said was probably "paint over dust" and they're going to repair it. He said it was hard to see but if the light was right you could notice it. I'll have to wait two more days to pick it up.
Now, do you think if I would have bought a Chevy, Dodge or Ford they would have voluntarily fixed this?
With that, you don't have control over the Ipod from the radio. Honda has some other accessory, for $300 or so, that gets installed in the glovebox and connects to the Ipod's dock port, and supposedly can some control some aspects from the radio controls. I'd recommend trying the $5 solution first :-)
Josh
both say 16500 for trade in but Edmunds says 15500. Who is right? I would like a bigger car that's why I am asking.
Your car is worth whatever a dealer will give you for it. Some will allow (much) more than others. When trading my 04 Pilot, I went to 3 dealers. I received offers from as pitifully low as $13k up to $20k. I took the $20k. I also got the new Pilot $6k below msrp so they weren't playing with the numbers.
Edmunds had it booked out at $22-23k but the truck had nearly 100,000 miles on it and I knew I was never getting that. I took the $20k and was pleased.
Sounds like they were pretty good about finding and offering to fix a problem that you didn't even see yourself.
Sounds like a cream-puff - and you could realize a lot more money with private sale than you could with a trade in. You have to consider tax savings, though. Here you get a credit for the trade towards your sales tax on the new car. So if you got $16,000 trade in you would save $1,120 in sales tax - so that is like selling your car for $17,120. You tax rate and policy may (and will) vary.
With the new Accord design coming soon, I would move the car now if you want something else. Once the new design is on the road, the value of the older design cars will drop a good bit (unless the new design is terrible).
Dennis