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***NO V6***
I believe you can get the V6 for the same price as the trade off would be minus the navigation.
I drove a V6 today though, then drove mine. There's a huge difference. The V6 just moves very gracefully without hesitation. The inline 4 could really use some extra power though. I guess it's not fair though, driving a V6 then driving an I-4.
I love my EX, and I bought it for gas advantage. Other practical reasons:
-Cheaper in price
-No timing belt in the four cylinder, so no expensive repairs at 90K (uses a chain)
-V6 gets average of 22 mpg around town; the four gets about 30.
-You're less likely to get a hot-rod ticket with a four cylinder.
Expect about 22 to 23 MPG in the city and 33 to 34 MPG on the highway in the EX-L with A/T.
The V6 is very economical for all its power--only about 10% less MPG than the 4.
I have the same car ('04 EX-L with A/T) and pleased with its performance and mileage which is stated above.....Richard
WHY, Wayne, are you so obsessed with all of this information?? You care about things that even I have no interest in!
And, how do you come up with the statement that Honda is expecting a 7% decline in Accord sales??
Why is all of this so important to you??
I just don't understand....
If year-end Accords typically sell for $1500/$2000 less than the newest ones, you should expect a car priced in late February to be about half way through that discount.
The February buyer has only 6 months to enjoy the newest model, so the price should be discounted accordingly, all else equal.
Favorable deals should continue through the year--there is no line forming at dealers to buy Accords even though Accords are among the best cars out there.......Richard
I know I'm going to regret this...but... WHY, Wayne, are you so obsessed with all of this information? You care about things that even I have no interest in!
___Why do you regret this? Invoice prices and the incentives of every automobile available to us here in the states are posted at Edmunds for the most part? I am interested in possibly purchasing an Accord in the near future and because of this, are actual figures to much to ask for? Do you remember ever seeing the following at your dealership? I found this at a Honda/Acura enthusiast web site.
This is a list additional money that a Honda dealer receives from the factory.
Contrary to popular belief "Holdback" does not actually pay for floorplan interest on cars.
American Honda pays the dealer a set amount per car that will pay for the interest if the
car sits on the lot for 60 days. Sixty days is the ideal turn-time for a dealers inventory.
4D 2.4 DX 5-Speed Manual - $75
4D 2.4 DX 5-Speed Automatic Transmission - $80
4D 2.4 LX 5-Speed Manual - $90
4D 2.4 LX 5-Speed Automatic Transmission - $95
4D 2.4 EX 5-Speed Manual - $100
4D 2.4 EX 5-Speed Manual w/Leather - $105
4D 2.4 EX 5-Speed Manual Leather w/Navi - $120
4D 2.4 EX 5-Speed Automatic Transmission - $110
4D 2.4 EX 5-Speed A/Transmission w/Leather - $110
4D 2.4 EX 5-Speed A/T Leather w/Navi - $120
4D 3.0 LX 5-Speed Automatic Transmission (V6) - $105
4D 3.0 EX 5-Speed A/T w/Leather (V6) - $120
4D 3.0 EX 5-Speed A/T Leather w/Navi (V6) - $125M
And, how do you come up with the statement that Honda is expecting a 7% decline in Accord sales??
___I have read this from at least 5 other automobile web sites so why do you keep posting the same? A Honda Exec made the statement almost 2 months ago?
http://www.autoweek.com/news.cms?newsId=101151
TOKYO -- Honda Motor Co. expects U.S. sales of the Accord to fall this year as much as 7 percent to about 370,000.
"We're cautious about the Accord," says Honda Executive Vice President Koichi Amemiya. "We'll spend (incentives) mainly on the Accord."
___As for my questioning, how can Grand Honda here in Chicago sell as many new 05 Accord EX V6 w/ Auto 4-door sedans for $23,588 as you would care to purchase when the actual dealer cost is as follows unless my math is all screwed up or I don’t know what other hidden FTD incentives are available?
4D 3.0 EX 5-Speed A/T w/Leather (V6): Invoice including dest. = $24,539
Holdback allowance is 3% of MSRP = .03 * $27,215 = $816.45
Floor Plan Allowance = $120
___Supposed Dealership cost = $24,539 – $816.45 – $120 = $23,602.55 vs. the $23,588 I can go and pick one up for tomorrow morning? In all actuality, how do the below dealership cost Accord deals happen all over the country? I find it rather intriguing myself.
___Good Luck
___Wayne R. Gerdes
___Look at the Honda executive statement from 11/05/2004 in the above quote carefully
"We'll spend (incentives) mainly on the Accord."
___I am expecting to see larger incentives in the near future although none of us really knows what the big incentives were between Thanksgiving and New Year’s of 2004 were?
___Good Luck
___Wayne R. Gerdes
That's only $538 more than what I paid for my '04 Accord EX-L (4 cyl. no nav) that I bought in August of 2003. My deal was pretty good at that time, too.
There must have been some incentive for dealers to offer such low prices--especially since the '05s are are invoiced slightly higher than the '04s.........Richard
A modern automobile is a marvel of engineering, manufacturing, and art. Our cars were all once just a vision in someone's mind and it's a feat that they were brought to reality.
Personally, I wish there were a book describing the complete story of the 7th gen Accord from artists conceptions to engineering issues to manufacturing quirks to supplier problems to dealership delivery. I'd buy it in a minute and read it with great interest but it's unlikely that there will ever be such a book so we're left to figure out what we can about it for ourselves.
Further off-topic posts will be deleted without notice.
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Ends March 31st.
Special HFS (Honda Financial Services) A.P.R. financing available on all new 2005 Accord models, excluding the Accord Hybrid. 2.9% APR financing for 24 to 60 months. Not all buyers will qualify. Example for 2005 Accord LX Sedan: 36 months financing at $29.04 a month for every $1,000.00 financed. Dealers set actual vehicle sales prices. See participating dealers for details.
01/07/2005 Friday - Chicago Tribune - Classifieds - Back page - Grand Honda - Elmhurst, Illinois:
05 Accord V6 EX w/ Auto - 4 door sedan w/ 29 miles: $23,650 including destination + TTL and $53.52 Doc fee.
05 Accord EX-L w/ Auto - 4 door sedan w/ 17 miles: $21,711 including destination + TTL and $53.52 Doc fee.
4D 3.0 EX 5-Speed A/T w/Leather (V6): Invoice including dest. = $24,539
Holdback allowance is 3% of MSRP = .03 * $26,700 = $801
Floor Plan Allowance = $120
4D EX-L 5-Speed A/T w/Leather: Invoice including dest. = $22,562
Holdback allowance is 3% of MSRP = .03 * $24,500 = $735
Floor Plan Allowance = $110
___Supposed actual Dealer cost of 4-door EX (V6) w/ Auto = $24,539 - $801 - $120 = $23,618 vs. the $23,650 as offered?
___Supposed actual Dealer cost of 4-door EX-L (I4) w/ Auto = $22,562 - $735 - $110 = $21,717 vs. the $21,711 as offered?
___For those interested in brand new left over 04’s, they have an 04 Accord EX V6 w/ Auto and NAVI (17 miles) for $24,200. It might be a Coupe however? They also have a brand new 04 Accord EX 4-door sedan w/ 5-speed manual (6 miles) for $18,500.
___Good Luck
___Wayne R. Gerdes
The V6 is very economical for all its power--only about 10% less MPG than the 4. "
I just bought an EX V6 w/Nav. on Dec. 23rd. So far I have been averaging about 25 MPG. Granted, I drive a lot on freeways between home and work, but still. I am pretty stinking impressed that I am getting roughly the same gas mileage my old 97 Accord I-4 got, but with this awesome V6. I can't say enough good things about the V6.
Should we have been concerned? Is there a law against? Would we have been liable for anything that may have happened with that car before we actually bought it? (storage fees, minor accidents that may have occurred?)
The dealer where I got my EX V6 initially wanted to charge about $600 for the alarm. I don't really see where alarms are all that useful anymore. Around Phoenix, no one even looks around when they hear a car alarm. The Accord already comes with an ignition cutout. Frankly, beyond that, I don't see much value in an alarm. If a professional thief wants to take the car, he will even if you have the best alarm system out there. That being said, I told the dealer I wasn't interested. They asked what price I might be willing to pay for it. I rather flippantly said $100. They then came back and offered me the alarm for $225. I might have taken it at that price if I hadn't already made the point that I didn't think any alarm was worth having. The point is, $475 was not even close to the dealer cost. Given how much they came down on mine, I would guess their cost is more like $75-150. Just about any add-on like that is an enormous profit center for the dealers.
Just my $0.02
Scott
It's amazing how much cars have improved and how much more economical they've become....Richard
Thank you to all who responded to my previous post months ago...your responses were helpful! I am planning on getting the new Honda Accord Hybrid soon. I would like to get your perspective on whether or not to pay for 1) the Extended Warrantee (7 years/100,000 miles) and 2) Paint/Fabric protection ("Finishing Touch") for the Accord Hybrid.
I've been told that the extended warrantee runs about $1900 and the paint/fabric protection runs $695. I looked at the overview of what is covered in the Extended Warrantee. It says that the following are covered, but also says the actual contract coverages can vary-- that this is just an overview: 1) Drivetrain (Engine, transmission, fuel injection system, and axles) 2) Electronics (Computers, electronic components, electrical system) 3) Chassis (Suspension, steering, and brake system) 4) Heating /Cooling (Air conditioning, heating system, cooling system) 5) Genuine Honda Accessories (Audio, cellular phone, navigational and security systems).
It says about what is excluded: "Exclusions include but are not limited to body parts, tires, maintenance items, glass, upholstery, trim, carpeting, and ornamentation".
I realize that these financial decisions are individual and people vary on them. But given your experience, and given that the Accord Hybrid is brand new, what factors would you suggest I consider in making these decisions? Would you be inclined to get the extended warrantee and fabric/paint protection? Any imput would be appreciated!
sincerely,
Craig
The extended warranty doesn't have any set price. You can shop around on the internet and buy a HondaCare Extended Warranty from any Honda dealer in the country over the phone. The best prices I've seen were under $800.
Note that the normal items most likely to fail before 100,000 miles won't be covered under the warranty. Also, what will you do with expensive covered items AFTER 100,000 miles when they're most likely to fail on any car? And what about the long-term resale value on a car with $6,000 worth of batteries that are wearing out (out of warranty)? Too, your used Hybrid Accord will be competing against EX-V6 Accords that originally sold for $5,000 less than your car.
I guess that if gas hits $6/gallon soon, a Hybrid Accord will seem like a sound financial decision. If the car turns out to have major reliability problems, the extended warranty will have been a good purchase too. Good luck to you.
The only advantage of any hybrid at their current prices is the feeling of being "green" and kind to the Earth. Well, whoopie! What will you do with all those expired batteries in the year X?....Richard
Current non-hybrid offerings from Honda are so low in emissions, that it makes no sense from any kind of rational decision-making to pay any kind of premium for their hybrid offerings..
If anyone is really concerned about higher fuel mileage... see if you can find my '82 Accord.. I got 33-36 MPG with that car for 12 years... Oh yeah.. it only weighed 2300 lbs.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Beautifully said, kyfdx. In my opinion any electric car requires so much environmental damage to create the batteries and motors and then to dispose of them properly in exchange for a little bit of gasoline savings, that it does not make sense except to feel good.
If someone is driving hundreds of miles per day instead of a 10 mile commute to and from work, then the gasoline savings might make sense. But the typical use is someone using the car for a commuter.
The standard Accord and Civic are efficient users of raw materials and fuels.
2014 Malibu 2LT, 2015 Cruze 2LT,
So far $24400. Some puchases in the SF bay area were under $24K before 12/31. For a starting point in your area, check carsdirect.com
Goodluck
Use the bottom line Out the Door (OTD) price (tax,tags,doc fee,destination,this fee,that fee,cofee fee, etc..) Once you get the OTD find out what your payments would be per month.
I received an OTD quote for a 2005 Accord EX V-6 Leather and XM for $25,580.
Thank You,
Marissa
Go here: Car_man, "Lease Questions - Ask Here" #16101, 11 Jan 2005 8:31 am
Be sure to give Car-man the exact model.. and with or without Nav.. and the term and mileage you are interested in..
Once you have that info, I can figure a lease payment for you..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
there are variables involved like loan amount and intrest rate. If you would like to purchase rember to shop around and compare APPLES to APPLES. Here is a website that can calculate your loan rate:
http://www.bankrate.com/brm/popcalc2.asp
I'm in need of advice. I am in the boston area. I will be purchasing a "new 04 auto accord ex-l coupe" this weekend. I've been quoted a price of 20,800, which includes destination. Is this a fair price for an 04 model? Should I accept this price or ask for something else? Please advise.
I also picked up my 2005 Accord LX 4dr Auto on 12/30/2004 from Lafontaine Honda, Dearborn, MI. I paid $19500 OTD + $800 extended warranty (6 year/60k miles).
Did you find any problem for your car? Recently, I can feel burning plastic/rubber smell, or oil, when I parked the car in my garage. Another problem is that popping noise happened when accelerating from 0 to 30 mph (2000 rpm).
Thanks!
I just bought a silver '05 EX V6 for $33,767 + TTL and doc fees. This is from the internet department of Continental Honda in Countryside, IL. That's in the Chicagoland area.
You mean $23,767, right?
___Same dealership here in the Chicago area (Grand) and similar deals as last year:
Brand new 05 Accord 4-door EX-L I4 w/ Auto: $21,661 incl. dest.
Invoice: $22,562 incl. dest. // Holdback: $735 // Floor Plan Allowance: $110
Brand new 05 Accord 4-door EX V6 w/ Auto: $23,600 incl. dest.
Invoice: $24,539 incl. dest. // Holdback: $801 // Floor Plan Allowance: $120
Brand new 04 Accord 4-door EX I4 w/ 5-speed: $18,450 incl. dest. (notice this is an 04.)
Invoice: $20,020 incl. dest. // Holdback: ? // Floor Plan Allowance: $100 as a guess?
___Good Luck
___Wayne R. Gerdes
Invoice - 3% holdback - floorplan reserve is $18411.
27,215 MSRP,
24,539 INVOICE
-816 Hold Back
-120 Honda inv payback
+97 in dealers pocket
= $23,700 SALE
They dropped the extended warranty from $1600 to $1300 but wouldn't come down more so we skipped it.
LOL
Can you share with us what APR financing Honda was offering?
Do they have prices posted for the V6 Navi?
___Sorry, they do not. Almost every week they advertise the V6 EX w/ Auto and two of the I4 trims (Coupes/Sedans - LX, EX, EX-L’s) but rarely do they advertise an I4 or V6 EX w/ NAVI. Given the NAVI has a $1,797/$2,000 Invoice/MSRP spread over the non-NAVI versions, probably add on another $1,900 to the V6 EX price and you should be in the ball park. In other words, $25,400 - $25,600 for the EX V6 w/ NAVI incl. dest. without much in the way of negotiation? YMMV however and this does not include TTL of course.
___Good Luck
___Wayne R. Gerdes
Not sure if I understood your post. Did you have to pay the 515 destination fee?? I dont see it listed so I am guessing not.
THanks
Nick
Thanks
2005 Accord EX-L
mud guards, wheel locks
Best "OTD" I have gotten is
$22,200 (incl. dest)
+$673 tax
+$ 95 DMV fees
+$249 doc fee
$23,216 Salesman acted like the doc fee was the holy grail, and wouldn't budge, even pointed to the TWO signs on the wall by the F&I office.