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The reason why I decided to go with the extended warranty was due to the fact that hybrid technology is new and may have reliability problems down the road; especially since the Hybrid Civic is in its first model year. If anything were to happen, repairs at the dealer would probably cost me a pretty penny.
Thus for peace of mind, I went with the extended just to be safe. I have done research on the net and here on edmund's and they extended warranty from other source would have cost the same as I paid.
2003 Civic EX Coupe w/side air bags
I want to lease and they quoted 225/month ( no alarm and splash guards - yet)
The MF is .00088 which comes out to 2.11%
Tax is 8.25%
Residual is 10,585 which comes out to 63.64%
bank fee is 550
plates 112
Does this sound good?
Avi
What's the most reliable way to figure out dealer incentive and dealer holdback amount?
Alok
Relying on any single source just isn't possible, I believe.
Ain't the net great?! An hour or two on-line can get you a nice basket of info.
FWIW, I think it's also a good idea to keep checking 'what did you pay?' resources. Manufacturer>dealer incentives may be closely held secrets sometimes, but what real people actually pay can tip a guy off even then.
thanks for your advice
PS: i live in San Jose, California
By the way, if you're not pressed to buy now and can wait a few months, you might be able to knock off another grand or two after the 2004 model comes out.
Good luck.
Do you have any suggestions on what I can expect to pay in the Northern VA area?
Here is a rough est. break down.
15,200 $ vehicle
1,100 $ tax @ 7.25 percent Ventura county not LA
200 $ Regist.
495 $ dist. charge dealer payed the fee
100 $ and of course the Floor mats !!!!!
What ever you guys do, do not bargain with payment " how much you can afford a month", This is a pure dealer trick, always bargain out the door price. Out the door price will always reflect overall monthly payments. My payment was 290 $ a month on zero down, Interest was 875 $ for the life of the loan.
If you go to the Honda USA website, you can use the dealer locator to get to the dealer websites. Most of the dealers, in my region at least, have websites that let you search their inventories.
http://www.hondacars.com
Looks like the dealer was right, huh?
You can always expand your search area with different zip codes, but I have a hunch the dealer has already checked and/or knows they can't be ordered.
I love the car so far -- if you're looking for something fun to drive and practical at the same time, you really ought to take a test drive. At these prices it's a great deal. Mine was Vivid Blue Pearl, but you should be able to find any of the colors -- when I test drove one in Santa Monica the salesman was concerned the battery would be drained from sitting on the lot so long!
Jordan
Can't decide if I want to keep it or not. It's fun to drive, but I don't really need a third car.
My friends all laugh at me saying that I could have bought a new V6 Mustang for the price that I paid for my Civic, but I know my Civic will probably outlast a Mustang, provided it doesn't get stolen. I think it's in the top 5 stolen cars in California.
I said " I am ready to lease a Honda CRV EX auto. I am looking for 12k per year miles, 48 month term, no money down, no security fee, no acquistion fee, no termination fee. I am ready to move now"
In the next 24 hours I had over 10 responses. No one gives you the skinny first shot. So you have to do your homework. The list for an EX auto is $22.8k. The Edmund's TMV is 21.9k. That was my target. Cap cost-residual/term is capital cost. (Cap cost+residual)*money factor is interest. Money factor is interest rate divided by 2400. Add taxes in your area. Mine are 10%. Add. For my goal, this yielded $300/month.
Everyone started at $330-350 per month. A couple phone calls, fax, email per party yielded $305 offer. I signed up. Got the color I wanted. Drove one home on Thursday.
You too can do it!
If I understand your posting correctly, the $305 pymt includes the tax..... correct ? I'm from Pgh also, and thinking about a CRV when our Outback lease expires later this year. Thx
1) I got it for cost
2) My local dealer gives me a rental car if a repair takes more than 15 min
3) fuel cells warranty ends at 60K
4) car is used for commuting 25K a year.
The listed MSRP = $20,400
Delivery = $850
Licence air, tire tax = $499
Total net of GST = $21,749
What is the best price paid up north for this car. Please give me a goal to work towards.
Can't wait to be a Honda Owner!!
As far as I can see, the Civic has three major advantages: sunroof, remote entry and AC (in fact, the Accord DX doesn't even seem to offer AC as an option!) But everything else seems fairly minor, and the Accord makes up for it somewhat by including a much more powerful engine (160hp vs. 127), double wishbone suspension and a security system. It may seem like I've already answered my own question, but simply looking at a comparison sheet doesn't really tell me enough to judge the relative merits of the two cars, especially when it comes to performance and handling.
So is it worthwhile to forget about AC and a sunroof, and get the more powerful Accord (you can buy a lot of cold drinks with the $1260 you'd save), or is the Civic a comparable/better experience? And if it turns out that the Accord is the better car, would it be worthwhile to shell out another $1740 and get an air-conditioned Accord LX ($17,493/CarsDirect) rather than the Civic? Thanks very much.
If you must buy new then I would probably buy the Civic EX cause I gotta have my sunroof.
Start searching dealer inventories on-line. hondacars.com will get you links to dealers with websites, the huge majority of which have on-site inventory searches.
Your local dealers may be willing to try to locate one.
Dunno what a realistic price is. $15K would buy you one in December if you were willing to work and travel for the deal. You'd think it would be reasonable to take less 6 months later. OTOH, like new used '02's are said to go for $13.5K wholesale and as much as $16K retail.