2013 and earlier-Honda Accord Prices Paid and Buying Experience

mikezat

Hi! I am thinking about leasing Accord EX for $2128 down and $259/month as advertised on Honda.com. The down payment of $2128 includes $999 of cap cost reduction, 1st payment, acquisition fee + security deposit. I'd like to find out exactly what the breakdown is. What are the average acquisition fee in S. California? Are they tax deductible ? Can I be charged tax on security deposit? If you had any recent leasing experiences, please let me know.

 

Many Thanks in Advance,

 

--Mike

wvu1003

hey wvu1003, how much did you end up paying for your accord ex-l? i'm trying to buy the same model and i brought your quote into my local dealership (duncan hokie honda) and they said they couldn't match it.

 

I paid $22,685 out the door. I posted the exact breakdown a few posts ago. The car was $21,685 and the rest (taxes, tags, DMV, dealer processing) was $1000. That price included the mud quards and wheel locks.

 

(with a name like Hokie Honda, I'm guessing you might be close enough to Richmond to try the same dealership I got mine from?)

qbrozen

I see lots of posts lisitng price plus destination which really does not mean much at all.... what matters is out the door price or drive it away price.

 

this topic comes up often in these prices discussions, and I have to say that I disagree with your assessment. Drive it away price means very little unless you live in and buy from the same state as the poster. Since it only takes me an hour or 2 to drive to 4 other states besides my own, I'd much rather know the selling price of the car since I have no idea what the tax rate is in those other states, nor do I care. Of course, the complete breakdowns that many people have been posting are a great help all around.

ex v6

Hi everyone, I am interested in purchasing an Accord EXL V6 and have an offer for $23,995 in Ny area. Is this a good price? My credit score is 755 and have good credit. I am concerned that the dealer i want to purchase the car at may not qualify me for the 2.9% APR. I shold qualify for the 2.9%. I was thinking about going on the Honda website and applying for pre-approved loan instead of applying at the dealership. Is this a good idea? Thanks

whitecloud1

Other posts I've read indicate that applying online may be a waste of time since the dealer will still ask you to fill out his form. One thing I tried that worked, if you can do it, is to apply to another finance institution, get their approval and challenge the dealer to match or do better, telling them you won't apply to them unless they can indeed do better. I think some folks might be pleasently suprised at what other banks, credit unions can do and how their credit is better than they know.

kevinmellon

i believe anyone with a credit score above 720 will be able to secure the 2.9% financing. I have a credit score of 735 and bought a car on 1/24/05...you can read my post about the puchase. its message 6489. anyway, the loan guy at the dealership was making me nervous telling me that since i never had a car loan before(this is my first purchase) that I will probably not be eligible for 2.9%, he checked...and I did. it was an easy process...took all of 15 mins.

clovisguy

1. If you have a joint application unless both you and your spouse have a credit score of 720 or higher you won't qualify without a large down payment. Plus, just because you both previously signed for a loan doesn't mean it got reported that way.

2. What credit unions or banks have something better to offer then 2.9%? I don't know of any and that will be hard to challenge on a Honda Accord at least.

3. When you go in to make an offer no matter how ridiculous the dealer doesn't know anything about you and are going to want to run a credit check. I did my own research first to assure them and ourselves we would qualify before making a deal and then proceeded with the credit check only when the price was agreed on.

japultra

this topic comes up often in these prices discussions, and I have to say that I disagree with your assessment. Drive it away price means very little unless you live in and buy from the same state as the poster. Since it only takes me an hour or 2 to drive to 4 other states besides my own, I'd much rather know the selling price of the car since I have no idea what the tax rate is in those other states, nor do I care. Of course, the complete breakdowns that many people have been posting are a great help all around.

 

if you live in virginia, it doesnt matter what state you buy your car from. you still pay va state tax and that's it. i'm not sure how it is in other states.

grandmasterb

Hello, everyone.

 

I've been seriously shopping around for a Honda Accord EX V6 Coupe w/leather. I've shopped three different dealers in my area so far and the lowest price I've gotten is $23,613.00. For me, that seems like an excellent price as I'll more than be able to afford the payments required on most loans.

 

Does anyone know of any Honda dealer incentives and rebates going on at the moment? Reason I ask is I want to calculate the 3% above cost. Or if I feel generous, 5% above cost.

 

BTW, my options: Spoiler, Premium Floor Mats, and Security System.

 

Also, why are some dealers charging as much as $100 or more than the prices of options listed on Honda.com?

junkmailedmund

I also live in the upper NY area, and interested in the same vehicle. Which dealer did you negotiate this deal with?

carbuyer10

I bought an EX-L for $22350+tax+title+DMV.

They are selling options like body pain coating, rust proof etc.. for additional $1000.

And extended warranty for 1200.

Is it worth it?

Did I pay too much for the car?

I live in upstate NY.

Thanks.

haterz

Is that price Out the door or the price before TTL? Sounds like that's the price before TTL.

haterz

You got a 2004 Accord for 18,300 OTD? Where did you get that from? Let me know the dealership.

 

But the numbers don't add up. 17,500 + TTL = 18,300 ONLY?

haterz

How did you swing that deal? The best I can get is 17,800!!!

haterz

The deal is awesome. Let me know where you got it from. I want an accord for 18,500.

tigerjunk

Hey prodigy99; I live in SoCal as well, and would like to know the name of the dealership the you'd bought your LX for 17,875? Thanks in advance.

whitecloud1

First, I don't know details about the Honda 2.9% offer; like length of term, money down, free GAP insurance for instance. Bottom line rates are not the only factor every time, for every purchaser. My real point is that, if I as the finance company know that you have'nt shopped for a rate and the only thing you're hoping for is for my company to approve you, I might not offer my best rate. There are no fast and hard rules when it comes to loaning or borrowing money for cars.

anhandrew

Back in April of 04 I bought my

   

2004 Honda Accord EXL

4Cyl, 5spAT

MSRP = $24790

My Price = $21300 + $98 doc fee + 2.9% APR.

   

I also wanted a 5yr/100k Honda Care warranty so we got it down to $785.00

Eskridge Honda, Oklahoma City, OK.

 

I just email all the dealers that I was interested and will purchase by the end of the month. Then I use the lowest price from the first response to email out and got them to bid the price down like an auction.

 

Andrew

qbrozen

if you live in virginia, it doesnt matter what state you buy your car from. you still pay va state tax and that's it. i'm not sure how it is in other states.

 

That's how it is all over, and that's exactly my point. so if you list your OTD deal including VA sales tax, it doesn't help me one bit because the VA sales tax is different than my state's sales tax, so I want to hear what you bought the car for NOT including taxes and DMV fees.

ex v6

Carbuyer10, I am looking to buy same car and the lowest price I was offered is $23,995 in NY. Can you tell me when you bought this vehicle and the dealership you went to? Just to confirm that I am talking about the same car you bought, did you buy the 4 door one with leather seats and XM radio? Thanks

prodigy99

I got it at Sierra Honda in Monrovia. Good luck!

carbuyer10

I contacted several dealerships in my area. I would suggest you email as many as you can and you will find some one in your area offering even better deal. I know in NJ area you get good deals.

I got identical or better offers from John Holtz, Ray Laks and Ontario Honda. I ended up buying localy to avoid a drive of 70 miles for an additional 100 dollar savings. I am taking delivery of the car tomorrow.

Good Luck.

alphaguy

I'm shopping for a 2005 Accord EX V6 in the Fairfield County, CT / Westchester County, NY area. The best local dealer price price I have so far is $24,595. The quote from carsdirect.com is $24,263.

 

Has anyone found a lower price in my area? If so, please let me know at what dealer.

alphaguy

What is a fair price for the EX sport package (rear wing spoiler, fog lights, auto dim rearview)? I can't find it on the honda website or anywhere else. Does anyone know if I can just get the spoiler and not the other stuff?

lamster

Folks,

 

Finally close the deal today with the dealership in NYC on my new Honda Accord Coupe (EX-V6)3.0 with navigation.

 

Total Walkout with TTL was $ 28,029 + I got 2.9% financing. Financing took about 15 minutes.

 

Just want to get feedback from you folks to see if I got a good deal on this. Doesn't matter now since I already bought it but was curious what others thought.

 

Later gater

qbrozen

well, as usual, total walkout price is very tough to judge. What are you taxes? What are you DMV fees? What are dealer fees? It sounds good to me, but that's based on my state's 6% tax rate and high DMV fees. So a $28K OTD price would mean about $26K for the car, which is below invoice.

 

by the way, out of curiosity, is that a stick or auto? I'm planning on getting a stick with NAV, but the dealership I test drove at said he wouldn't come close to the $26K price I was quoted by Carsdirect. (I'm in Jersey, by the way) So, if a stick, could you give the name of the dealership? thanks.

akc10

2005 Accord LX Coupe Automatic.

18,000

   279 Doc Fee

822.56 Tax 4.5%

 16.50 Title

------------

19,118.06

 

Do people normally pay the doc fee and also should I get mats, mud guards or wheel locks included in this price.

Thanks

lamster

qbrozen,

 

The Ex-V6 coupe that I bought was for a auto tranny. I don;t know how to drive stick shift but liked the styling of the coupe over the 4 doors. Keep in mind that on a coupe, there is no power seats for the passenger side.

 

The breakdown of the 28K figure was the following:

 

25,650 - Actual selling price of car

2,212- Tax (based on 8.625% per NYC since I lived in the area )

45 - Processing Fee

110 - Registration and plates

12.50 - NY State Tire Tax/Charge

 

Yep, there was no BS fee. The dealership was pretty honest to me on everything based on the above. They basically match what cardirect.com quoted me for the price. I think I could of bring it down another $ 150 at best to $ 25,500 but was too tired to haggle since I went after work to the dealership. I think the tax should be cheaper for you as well since you live in Jersey.

 

I pretty sure they will give you a manual for similiar price since the EX V6 coupe has the same price listed for either a 5 speed auto or a 6 speed manual listed on their honda website.

 

The dealership was called Potamkin Honda and they are the only listed dealership in Manhattan.

 

Happy hunting.

xcel

Hi All:

 

___Usual Suspect. Grand Honda here in the Chicago area …

 

05 Accord EX V6 4-door w/ Auto: $23,600

05 Accord EX-L 4-door w/ Auto: $21,661

 

04 Accord LX 4-door w/ Auto: $16,995 - 12 miles on this one.

 

___On a side note, the Saturday Chicago Tribune had over 7 sets of inserts today? I have never seen this many automobile dealership car ads in one paper in my life! At least not here in Chicago anyway. I wonder if the snow squalls we have had recently has slowed sales significantly over the past 2 weeks?

 

___Good Luck

 

___Wayne R. Gerdes

qbrozen

thanks for the details, lamster. enjoy your car!

markinstlou

Any recent purchases of the above model? It appears most on here buy the sedan with auto trans, which is understandable. Any help would be appreciated.

xcel

Hi Markinstlou:

 

___Are you really sure you want to purchase an Accord Coupe w/ a manual? If you have ever read anything in the Real World Trade In Value thread here at Edmunds, the Manuals are known as a “meat cleavers” to car dealership trade in guys. The Coupe drops the number of buyers on the sell side that much more as well. Have you ever seen how many Coupes show up on E-Bay auctions vs. 4-door Sedans? Just a thought for you to consider before giving away your had earned $’s is all.

 

___Good Luck

 

___Wayne R. Gerdes

katie5

I have two dealers (both in Houston) offering me $23,532 for a drive-out price for a 2005 Accord LX V6 (no options). Is this a good price?

 

Also, what is the deal with LX V-6's? Five years ago I could go to any Honda dealer and get one. Now I'm lucky if I can find a dealer with one on the lot.

fredvh

Wayne,

 

     Do those ads expire tomorrow(31 January)? Can I see the ads on the internet?

     What price do they show for an 4-dr EX w/cloth and I4 auto? Thanks

xcel

Hi Fredvh:

 

___Grand Honda ads run every week in the Friday, Saturday, and Sunday Chicago Tribune. Although they don’t always advertise the same vehicle week over week, they usually advertise the V6 EX weekly at ~ $23,600. The LX’s, EX’s, EX-L’s are shifted around about every third week or so.

 

___According to what Grand is saying on their web site, Honda is prohibiting them from advertising these prices on their online site. I believe it given the 10 or so large Honda dealerships only advertise lease deals from Honda themselves, never actual prices like Grand does in the Chicago Tribune. It is a sad state of affairs given it limits competition between the many Honda dealerships in the Chicago area. Grand however is still striving to become number 1 and stretches this ruling a little. Just enough to allow the average Chicagoan to get a great price without much in the way of hassles like most Honda and Acura dealerships in and around Chicago anyway …

 

http://grandhonda.com/

 

Public Notice: For a no-hassle very aggressive price quote on any new Honda contact us and ask for a manager. Due to American Honda's advertising policies prices listed on this site are their retail prices. If you do not want to pay retail you must contact us by phone or e-mail and we will quickly give you our best price for that specific model.

 

___Anyway, the link to their online site should get you started if you do in fact live anywhere near the Chicagoland area.

 

___Good Luck

 

___Wayne R. Gerdes

kyfdx

When we bought our first Accord EX in '97, only 5% of 4-cylinder Accords sold were EX.. Now, they are the majority..

 

The V-6 is similar now.. The LX-V6 is kind of the "odd duck". Especially with the power of the current 4-cyl., most that would pay extra for the V-6, also want all of the options..

 

A harder car to sell later, also.. Doesn't have the sunroof and all the toys of the V6-EX. but isn't cheap like the LX-4cylinder..

rutger3

I am pretty sure that Honda sells more LX's than EX's, perhaps many more,Isellhondas could clarify this. As for the LX being 'cheap', no way, it is esentially the same car as the EX, except for the alloys, sunroof,and 6 cd changer. The difference is about $1600. A Honda Accord should never be considered a cheap car.

qbrozen

I've been wrestling with these exact thoughts recently, xcel. Problem is, I really WANT the V6/manual combo. But, as you said, the manual is a big enough hit on the resale side without adding coupe to the mix. So its 2 big strikes against it. Of course, this could be partially resolved if Honda would offer the V6/stick in the sedan. That's ultimately what I want, but I'd have to step up to a TL to get it. In the end, there is a possibility I'd go for a lightly used TL and hope to get it for near the price of a new Accord coupe.

isellhondas

Where did you ever get that number?

 

I have no idea what the percentage of EX's to LX's were in 1997 but I can assure you that number was MUCH MUCH higher than 5%! If I were to guess, I would say at least 30%, maybe higher.

 

And, I don't think they are the majority now either, at least in my neck of the woods. I would think about 50%. It seems like people just have to have EVERYTHING these days, more and more.

 

And you are right about the LX V-6 being an "odd duck". I've probably sold maybe four of these in nine years.

kyfdx

I bought mine from a pretty large dealer... Also, bought a '99 and an '01... They keep about 200 Accords on the lot..

 

In the old body style ('94-'97), the popular units were LXs and Special Editions.. At least here in the midwest.. My dealer never had more than five or six 4-cyl. EX on the lot... Back then, the EX had five (that's right, five!!) more horsepower than the LX... The other big thing was the rear spoiler/CD changer package..dealer installed..

 

When the new body style came out... the mix was skewed much more towards the EX.. I had my choice of ten EXs in each color.. in '99 and '01..

 

Not sure what you are selling in the Great Northwest.. Maybe LXs go better with Birkenstocks?

 

Of course... all that only refers to 4-cylinders.. I think the EX-V6 has always sold better than the LX-V6.

 

regards,

kyfdx

accord05

Beware of this dealer. The dealership sucks in customer service and their service department is the worst. Bad bad bad!!!

vidkidruss

I was wondering which two dealers in Houston you have quotes from? I'm in Austin and I'm not getting very good pricing with local dealers on an EX V6 model and I'm ready to branch out to Houston and San Antonio for quotes.

Thanks.

isellhondas

Oh, I know it can vary by location. We sold a LOT of EX's in those years. A whole lot more than the 5% you mentioned.

 

The SE's were a big hit in 1997 when they came out except the coupes didn't set the world on fire.

katie5

Honda of Clear Lake and SandDollar of Galveston.

tlee

Yes, the dealers in Austin are not competitive. When I tried to buy a new Accord last month, I ended up buying from Russell & Smith Honda in Houston. I used Edmunds to get internet quotes from Austin, Houston and San Antonio dealers. R&S Honda's quote was the lowest (about $700 lower than Austin Dealers). By the way, you can bring your car to the local dealers for warranty work, even if you didn't buy the car from them. Classic Honda's (in Round Rock) service is outstanding based on my experience.

tlee

I forgot to mention that my neighbor got a good price on his Odyssey from a dealer in Killeen. You might want to get an internet quote from them as well.

jmaxe

I bought my new Accord from Gunn Honda in San Antonio. Did the entire deal over the Internet. This was a year ago but I'd bet they'll still beat the local Austin dealers.

pauleyc

I'm looking to get the loaded model (sticker $29215). Anyone have any suggestions in the DC area for a dealer? Any insight into price would also be appreciated. Since college, I have purchased 4 new cars and all have been dealer invoice minus ~1/2 holdback. Seem reasonable? I'm guessing about $25,500.

 

Also, those of you w/ 8%+ tax ... ouch! Only 3% here in VA. However, I've had dealers want to charge up to $400 in "processing fees" ... yeah right. I guess as the deals get better, they need to pay for infrastructure.

 

Thanks, Chad

vidkidruss

Thanks to all for the Texas dealer recommendations. Hopefully by week's end I'll be a proud owner of an EX V6. I'll give a detailed report of the experience. The postings in this forum have been invaluable.

haterz

Autowest Fremont is selling their Accord LX for $17,000 before TTL.