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Comments
Price Paid : 17450
Destination: 635
Deal Proc Fee: 100
Tax: (6%) : 1091
Title/Tag: 222
Accessories thrown in by dealer for FREE:
Wheel Locks
Mud Guards
Door edge guards
Fenderwell trim
Although I could have gotten a deal for a few 100 less but now I'm more than satisfied. This forum helped me a lot
Thank You
I'm looking outside the Chicago area as well and so far they can't make as good of offers to me and I'd still have to pay the Chicago tax.
Is this a good deal for this car?
Thanks for the help.
Honda has a special financing on the 2008 Civic back in Dec 2007 (ended Jan 2nd 08)
the promotion was 4.9% for up to 60mo
I got a LX Auto for my friend for $18150 OTD (8.25% tax included) and his payment is around $342.00 $0 down for 60mos
However, i have to say that your deal is still a smoking deal... if you can pay off the loan now, you will end up paying less than my friend.
Good Job
THANK YOU,
A
I have trade in of 1500 and tax in my state would be about 1500. What should i consider OTD. Thank you MUCH for any help!
Also, couldn't deal with Clair Acura.I had to go to Rochester,NH to sunnyside Motors.
Same deal with BMW only double everything.Why go to Nh because, Maine has adopted CA emission laws and you get less HP.
Also Nh dealers will give you better deals. You are lucky. :shades:
We went into dealer and got a honda civic Si coupe for lease with 15K miles per year for $250 (Lisle, IL). For upfront fees we put down a honda civic LX 1999 with 102K miles. Was the deal good?
Thank you for all the good advice you are giving out it is very helpful.
I used to live in Mass so I know where you're coming from. The Town Clerk hit me up for $549 for plates tho! :sick:
You could have gotten a better deal if you bought over at Autofair Honda in Manchester. They seem to be a volume dealer so they sell a lot of cars. You'll still get nailed on taxes in Maine but the price of the car will be lower at least. I dealt with one of the Internet sales managers there and he was great. I knew invoice on the car and he tacked on $500 over that. The dealership Doc fees of $399 are too high but I didn't bother to negotiate further (long story) but overall they were great and lets be honest it's not that much further to Manchester to save a few G's. I know you got an Acura but the Si really impressed my wife, no small thing that.
because of the economic condition and new corolla and lancer coming in February.
We can get together and reward one dealer by buying two cars from, who give us the best deal
Let me know if you are interested and let's coordinate the process together
their approach changing on hourly basis so don't expect to find a good one They are better at the end of the month 2 dais before closing the month, interesting to get read of inventory
Remember The sticker price can be a few thousands more than the actual price base on what they paid for the car to the manufacturer
Hope it help
vgur
I can reccomend a dealer if you want to go up a bit from Mass. I'm up in NH and got a better than Edmunds TMV price on my Civic Si. Autofair Honda in Manchester, NH. The Internet sales guy I dealt with (Keith) was great!
I can't speak for the others but I got invoice on the Civic LX, EX etc.. same for the Accord and the Fit. The CRV is a bit above invoice as is the Civic Si.
I was happy with the deal and have had great service from them. There is also Bernardi Honda in Natick MA. I was going to buy a Fit from them but they are just too far and I need a local dealer to maintain the car.
Dealers will never publish true invoice price
Who got so far the best OTD price for the following models ?
2008 Civic LX Sedan Automatic
2008 Civic EX Sedan Automatic
P.S. 2009 Fit coming this summer More powerful and bigger
As with any large purchase, do you homework before you hit the showroom. If you know what you want, contact either the sales manager or the internet sales person and get a quote before you get to the dealership.
Good luck!
Dealers will never publish true invoice price
Who got so far the best OTD price for the following models ?
2008 Civic LX Sedan Automatic
2008 Civic EX Sedan Automatic
Edmunds publishes the Invoice price and as far as dealer holdbacks and all that have fun, trying to figure it all out. All I know is they sell the cars for invoice and they ad a Doc fee which you can negotiate it's $399 but they won't lose a sale due to it. Look up Edmunds Invoice price on the car add in destination and that is what they will sell the car for OTD means nothing because if you are from a State with taxes you will have to pay those anyway. So the price you can actually buy the car for minute your taxes is the price of the car. My 2008 Civic Si cost me $20,999 OTD that is no other costs to the dealer. The Si was $500 over invoice.
I don't work for them I just bought a car there.
I then replied and asked him to provide me with the break down of the numbers like would be on a Regulation M form.
His response was instead of an email, a phone call and on the message machine he said that people just go by monthly payment, and that they just punch the numbers into the computer to get the numbers, and they really dont matter.
What should be my next response? For $500 down at $244 a month is not an outrage, but I need to see the money factor.
Im new to all this, is there a way i can find these with just the numbers he gave me?
So far they are:
Selling Price for LX Auto Sedan $16,895.
$500 Down Payment for first month and motor vehicle fee's.
36 Months
$244 a month.
Any help would be great, thanks.
Just buy My recent offer in Chicagoland for 2008 LX Sedan Automatic $17,800 OTD
I expect to get even better offer toward the end of the month.
I bought one of my cars Nissan AltimaGXE 2000 for $16,500 OTD on December 31,1999
I sold it (51000 miles) a few days ago for $7,600 I only invested $400 for gaskets and injector beside the periodic oil change
Q: How to tell when are car salesman is lying?
A: His lips are moving! (insert rim shot here)
It's just a joke!
Seriously, the reason the dealer wants to play payments with their customers is that why the customer has no idea if they are getting the best deal or not. They figure "I can afford $244 so I will sign the papers".
Invoice is $16,984 including destination, so if your price invoice destination and dealer fees that is a nice price.
The lease deal shown on the Honda web page is for a Civic LX AT and figures out to a 63% residual with a 0.00207 MF. I don't know if your payment includes tax or not and if so what the rate is, but $244 per month (no tax) equates to a net cap cost of $18,156. If your tax is in the payment and was 6% then the net cap cost would be $17,694.
Any GOOD dealer I have dealt with has no problem breaking down the numbers to make the customer happy.
Dennis
MSRP $18,395.00
Total Cap Cost $17,360.24
Residual Value (61%) 11,220.95
Adjusted Residual Value 11,588.85
Money Factor .002070
Motor Vehicle Fees 118.50
Down Payment 500.00
Payments: 36 X $240.06 including tax
The best offers in Chicagoland Cook County so far based on this forum data is I belive $17,750 OTD ( All money you pay including taxes Dealer figure it out for you You don't care of what it is) for New 2008 Civic LX Sedan Automatic
Please let us know what is your best OTD deal and what county?
Otherwise you can not convince me why should you lease
You are buying for 18000 your return in 7 years will be around 50% back $9000 for Japanese cars Figure out how much you pay for leased car in 3 years with no returns but risk and back charges in case of damage or other crap written in contract
the best I have got $18,000 OTD in Chicagoland and another dealer ready to beat it
i am interested in finding out if the current lease i have been offered is good and if not what numbers i can change and make a counter offer.
the best I have got $18,000 OTD in Chicagoland and another dealer ready to beat it
What state is it?
I think in another message you put that you live in PA, is that right? I think PA taxes on payment but at the whopping high rate of 9% or 10% depending on where in PA you live.
Since your payment includes tax, then it does not sound bad at all. Using 9% I get $17,360 for the net cap to get that payment.
$16,895 is the selling price, but $17,360 is the net cap which is a $495 difference. The bank fee is $595 with AHFC so that means $100 of the fee is due at signing. So if you paid 1st payment ($244), plus the $100 left over on the bank fee, plus the DMV fee of $118.50 you would total up at $426.50 and they said $500 due at signing. So I don't see where every penny goes, but it is really close.
Dennis
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Dennis
The best offers in Chicagoland Cook County so far based on this forum data is I believe $17,750 OTD ( All money you pay including taxes Dealer figure it out for you You don't care of what it is) for New 2008 Civic LX Sedan Automatic
OTD price is meaningless. I don't pay any taxes in my State so that doesn't count. I get a 20 day temp plate for free, as well as a free inspection sticker etc...
All that matters is what I paid for the car. That's the price. Anyone can add in the taxes later to figure out what they are.
Car + Dealers fees is what is OTD for me. I guess you can add in plate fees which will vary if you already have a car etc... Too many variables between States.
That's why I quote the price that I paid for the car + dealer fees only. My plate fee TTL isn't part of what I paid for the car but rather a part of owning a car.
I agree 100%
Dennis
It is the best way to avoid overpayment If your state doesn't have taxes than your OTD comes without your state taxes
You have no chance to figure out the dealer's fees because it's dealer's secret
That's why one person pays 18,000 and another 22,000 for the same car in the same day in the same dealership
It's important to figure out OTD price in your region due to differences in fees and taxes
It takes time to collect data and negotiation but you are rewarded by saving thousands
Thanks,
Dennis
I hope you are not a sales rep for a Car dealership
This is the forum and I share my opinion based on my personal experience It's not necessary that everyone agree but can be useful for the most
And I will not tell your where to go
Hope you undestand
Sicnerely,
Victor
It is the best way to avoid over payment If your state doesn't have taxes than your OTD comes without your state taxes
You have no chance to figure out the dealer's fees because it's dealer's secret
That's just not true. I know exactly how much the taxes are and if I don't a simple phone call to the Town Clerk will tell me how much my Plates and Title are. The dealer has nothing to do with that. They have a documentation fee and that's it, period. Taxes are YOUR responsibility and have nothing at all to do with the car dealer. You have to pay taxes on your house too and taxes on many other things. Bottom line is this. The price of the car and the price of the dealer fees are the only things that matter. The rest is simple, you have additional fees. A lease is very different but a purchase is straight forward. You paid
A - $xx,xxx for the car
B - $xxx dealer fees
Then your other stuff which varies from state to state and is meaningless unless you live in the same state.
So your OTD price for the CAR is A + B = $xx,xxx
Since when do taxes have anything to do with it? I don't pay taxes so did I get a better price than you? We'll never know because you claim it's all dealership black magic, but it's not, these are easily knowable things.
Read again of what I am saying and it can help you to save
If you really know the secret of what dealer is paying for the 2008 Civic EX sedan automatic
including all incentives and hold back, including incentives they got at the end of the month to get read of inventory, than share it with us
I am ready to pay fair mark up if I know the cost of the car for the dealer
Read again of what I am saying and it can help you to save
If you really know the secret of what dealer is paying for the 2008 Civic EX sedan automatic
including all incentives and hold back, including incentives they got at the end of the month to get read of inventory, than share it with us
I am ready to pay fair mark up if I know the cost of the car for the dealer
If you think you're going to get a piece of the dealers holdback, think again.
Bottom line is just that. There is a price the dealer will not go below, period!
This is Edmunds so why don't you click on Edmunds up at the top and then from the main Edmunds page click on new cars and then click on the year and model you want. It will give you 3 prices MSRP, Invoice and TMV
For my money Edmunds has been right on about pricing. If the dealer is willing to sell me the car at or below the edmunds Invoice price as sometimes there are incentives, great! I'm buying a car. Some want over MSRP. Oh and since you are nit-picking yes you have to add the destination fee to that invoice price.
So let's recap
Invoice
Destination
Dealer fees
That's it, period, end of sentence! Taxes are your problem as are TTL. I suppose you could add in that you need to renew your drivers license every so often as well because you need a license to drive, right?
That has nothing to do with the car, neither do taxes.
Who cares what the dealer paid for the car? What matters is what YOU can buy the car for. Dealers aren't in business to lose money. They didn't build those big fancy showrooms for free.
But if you can get a car for below invoice and give the dealer an actual 1% or less profit in the car I'd love to see the actual paperwork. Ain't gonna happen!
Have you ever bought a car? Seriously.
My point is OTD price should not include taxes or TTL or Insurance or drivers license renewals or anything else.
Car Price, destination fee and dealer fee, that's it. Otherwise you can't compare anything since the market is too varied from state to state.
For example:
1. 2000 Nissan Altima 2.4 engine, 4 dr Automatic with overdrive button cruise / audio control variable wipers split seats automatic lock/window/trank etc. Cost me 17K OTD
2. 2008 Civic EX 1.8 engine same assessories plus aluminum will, better audio and sunroof.
I will not pay for the Civic EX more than 19k OTD This car is for the beginners or elderly people
Nissan with 2.4 is for drivers
Civic EX 1.8 is for riders
So, your ability to figure out the fair market value can help to make the right choice and assign the right price range for the car - the fair and reasonable OTD value
I would go for VW Rabbit with 2.5 5cilinder engine for $19K OTD the car that fun to drive
than to ride the Civic EX