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Comments
There was somebody else from Phoenix in this forum recently (last week) that had to go to LA to get a good deal on an LX manual. See posts # 7876 and 7897. For some odd reason, in some areas dealers will give much smaller discounts than in other areas. I guess this odd reason is called supply and demand, or is it?
The invoice price (including destination) for the LX sedan 4 cyl AT is $19,034. It appears you are paying $19,132 ($18,834 plus $298 documentation fee, which is really a bogus charge, since the dealer keeps it all) before TTL, accessories, trade in, extended warranty and gap insurance. So, it appears you are paying a little over invoice. Depending on the area, dealers are willing to sell for over $1,000 and up to $1,600 below invoice on some Accord trims. If one is willing to travel to LA, dealers there are selling the same LX model for $17,834 plus $45 documentation fee.
The real question is, where exactly are you with this purchase? Have you signed the sale agreement, in which case it may be too late to back out of the deal anyway? Considering that they are not giving you an outstanding price in the car itself, and you are not getting any favors from them on the spoiler, extended warranty, gap insurance and possibly your trade in (I just don't know if $9,100 for an 02' Civic LX with 57k miles is a good price or not) my view is that you could do better than this. But then again, this may be all academic if you already signed in the dotted line.
Just my opinion.
I got the 3.9% interest deal through Honda so that makes the deal sweet for me. I was paying 12.9% interest on my Civic to build up my credit.
I didn't look at carsdirect before buying, and in retrospect it would probably have shaved $250 off the car price (I paid $21,500 incl. destination and document fees, not incl taxes/tags/etc.). But I got the car from a dealership I like.... (that actually brought in a 5-speed for me to test drive).
I have to report being very satisfied with the car. Shifting gears is a pleasure (just like my 97 Accord LX), the moonroof/leather/6 disc changer are great, the room in the car and trunk is awesome.
To the earlier discussion about spoilers: a car like this can last years and years - yeah, its nice to save a few bucks, but IMO ultimately convenience, looks and driving pleasure determine how good/bad a "taste in the mouth" you wind up having. I wouldn't spoil it for myself over a few hundred bucks.
Yeah I should have done that (drove both). I guess I just figured that with all the additional horespower - it had to be better. I was really really fixated on an Accord (have had Hondas before). With its reputation it's nearly a no-brainer.
I would have been able to get the 4Cylinder EX Automatic for $21,500 or the 6Cylinder LX Automatic for $22,600. (I didn't like the V6 EX package - added leather seats and XM radio) So, I guess we were only talking $1,100 more.
I'm not in a huge hurray anyway. I originally intended to buy "used". I hate being the guy to lose the first year depreciation. However, the used low mileage Hondas are priced so high, you may as well go New.
I will definitly use this board to stay informed and educated.
Yes the V6 is faster, but only marginally so. If you want right-now passing power, get a BMW535d.
In CarsDirect.com the price that comes up for the Honda Accord LX 4 Automatic Transmission is $19,684 in Charlotte, whereas NJ and CA (Los Angeles) come up with $17,834, which seems to be what the other posters to this forum have paid.
Should I just be resigned to paying about $2,000 more if I go with a local dealer?
Your comment is well taken. My main point, though, was that how much you pay for this insurance will be a function of the loan amount and the term of the loan, among other things. I was just trying to point out (probably did a poor job at that) that we cannot really compare the $500 gap insurance that the original poster paid, versus the $299 that the other poster paid without further details on the loan.
I traded in a 2001 Accord EX V6 auto for a 2005 EX-L 5speed 2.4 and I am not missing the V6 at all.
I have seen on many different posts here at edmunds where people that live in your neck of the woods would fly all the way down to south Florida (Miami) to purchase their car and bascially make a weekend road trip out of the experience.
I guess the big questions would be...what are you willing to do to save $$$$.
For me, it would be no questions...Road Trip! A one way ticket now days is only about $100 bucks (Southwest), even if you stay over night somewhere on the way back your still ahead...plus you get to see many different places on your way home!
Good luck!
Where are you located? Are these prices out-the-door prices or before taxes and fees? I bought an EX-4cyl automatic for $21,800 OTD in Southern California. Could have saved an extra $600-$700 if I purchased in Northern California (Bay Area).
I'm not in a huge hurray anyway. I originally intended to buy "used". I hate being the guy to lose the first year depreciation. However, the used low mileage Hondas are priced so high, you may as well go New.
Due to the large discounts dealers are willing to give in some locations, I noticed that I could buy a brand-new Accord pretty close to or even a little cheaper than a one-year old used one at comparable trim levels. At least from what these used cars are listed for. I'm not sure how much dealers usually negotiate on used car prices.
I hear the 06' models will arrive sometime in August. You can bet that on those models you will not see the levels of discounting that you are currently seeing. So, the next couple of months will be a good time to consider buying the Accord if you are in the market. After that, who knows?
1) Supply and demand. Read, local competition.
2) I hear that the Honda factory-to-dealer incentive (FTD) is on a increasing scale and is a function of how many cars versus the target a dealer sells. So, they will only maximize these incentives (which last month was rumored to be up to $900 per car) if they meet or surpass the target. Some dealers may figure they would be maximizing profit by selling fewer Accords at a higher profit margin.
3) Holdbacks. For Hondas it is 3% of the Base MSRP or around $700-$800 depending on the Accord trim level.
Between FTD and holdbacks, dealers have about or up to $1,700 of "discount" to give and the more they give the less goes to the bottom line. That's the math they are doing and a lot of it is driven by local supply (how many dealers are in the area and what their competition is charging) and demand (how willing are local people to pay prices offered by these local dealers and what recourses do they have if they don't like these prices). Ultimately, if enough people make the decision to travel to a different location to save several hundred dollars (or $2,000 in your case), then local dealers will be forced to re-think their strategy and the meaning of "local" competition. Isn't the internet great?
Good luck.
Simply put, I can be cautious and careful, but the doesn't mean the next guy will be careful. I've had too many acquaintances who have gotten in a jam because someone hit them, broke into the car, stole the car etc... and at that time they were still upside down. Had I financed for 36 mos or less I may not have purchased the Gap Insurance.
It all depends on how people to leverage their finances!
I would anticipate no good deals on the 2006 models until November and December. Since its not going to be a complete redesign, they would not be able to demand a ransom, expecially since the Camry will have huge discounts.
Honda has to worry about their weak car division sales, which are hurting. Their Acura line, however, has not been impacted, nor has Honda Trucks (Pilots and Odyssey).
I guess I should have test driven a stick. I've had a bunch of standard transmission cars - volvo, honda civic, honda accord but they were usually strictly "My" commuters. Wife has a Ford Taurus wagon and intends to drive it for awhile but would definitly be sharing this Accord. Although she is very adept at driving standard shift - doesn't want to.
I need them to come back with some more incentives though. I'd feel like a fool if I go back and buy one right after they close out the incentive for May
Thanks for all yoru info.
But I think you got ripped off 6-ways till Sunday on that deal...
The car can be had in LA-area for $17,800 with Cali emissions.
The "doc fee" junk fee is pure dealer profit and they stuck it to you for $300, $45 in LA-area.
The spoiler thing has already been gone over, you got robbed on it.
Sorry to lay it down like that my friend. But is you could have made an LA-area trip you would have easily saved yourself at a bare minimum $1,000 on the deal.
I bought in LA-area over last weekend, I just couldnt cope with being ripped off in Phoenix.
With the rise in Accord sales in April, I thought the $600 + dealer incentive might stay steady or disappear. With Honda’s May sales data, all those considering an Accord purchase should wait this one out as there will be some great prices posted here in another month or two because of this poor sales announcement.
Try not to settle for some of the higher prices that some have posted to date. The LX’s w/ Auto’s for under $18K sure look nice
2 months back I received my new - PZEV based - 05 EX-L w/ Auto and NAVI for $23,200. The best price to date for this car (not a PZEV) was from O’Hare Honda here in the Chicago area at $22,000 IIRC? It was a huge pricing mistake by that dealership but a great price for that one lucky owner
Good Luck
Wayne R. Gerdes
Forgive my ignorance, but what exactly is PZEV? My EX-4cyl AT came with it and I didn't know it until I saw the sticker in the window. I know it stands for partial-zero-emission-vehicle. What are the key differences between the PZEV and non-PZEV? Any trade-off in power?
Also, I noticed on some of your past postings that you achieved some ridiculously high mpg (in the 50's?). Like I said, I have an EX-4cyl AT and even without flooring the gas, but driving 70/30 mix of highway/local roads could only achieve 28 mpg on my first gas tank. How do you do it?
Thanks.
Part of me wishes that I waited until the 2005 model year to buy. I bought my 2004 Accord LX automatic last May, but I paid $17,700 before CA taxes and fees.
The PZEV stands for Partial Zero Emission Vehicle. Most Accords, but not all, come that way. Its mandatory in CA and some other states.
Also, Eternal Blue and Satin Silver were my first color choices. They were only able to locate a Grapite model through a dealer trade. Is it common to have such limited availability of the LX 5-speed?
Also, I'm probably going to pay $139 for mud guards. I found the OEM ones for like $59 direct from a Honda dealer. Has anyone installed them on their own? How did it go? Has anybody bought the Burlwood Interior trim kit? Do you like it?
2005 Accord LX 4 door 5 Speed selling price $17090
Sevice Fee $129
5% tax $860.95
Transfer Plates $58.50
Total $18138.45
Down $4000
Total to finance: $14138.45
I know it stands for partial-zero-emission-vehicle. What are the key differences between the PZEV and non-PZEV? Any trade-off in power?
[UnQUOTE]
Joon, ... the following is from "Cal/EPA - Air Resources Board 2005 ZERO EMISSION AND PZEV CREDIT VEHICLES" website ...
"The following vehicles are certified to the "Super Ultra Low Emissions Vehicle Standard (SULEV)" and are 90% cleaner than the average new 2005 offered for sale in California. In addition these vehicle also receive credit as "Partial Zero Emission Vehicles (PZEV)" or as "Advanced Technology Partial Zero Emission Vehicles (AT-PZEV)". Vehicles receiving the PZEV credit have near-zero evaporative emissions and their emission control equipment has a 15-year/150,000 mile warranty. Vehicles receiving the AT-PZEV credit also make use of "ZEV-enabling" clean technologies such as alternative fuel, electric drives, or other advanced technology systems."
--------
The little sticker titled "SMOG EMISSIONS INFORMATION that came with my 2005 Accord 4cyl AT EXL reads ...
The Smog Index of this (our Honda) vehicle is: 0.09
The Smog Index of the average new vehicle is: 0.80
Lower # = CLEANER
Higher # = MORE POLLUTING
---------
As far as I can tell, I don't feel any trade off in power!
Phil
- Pic's of my 2005 Honda Accord 4 cyl. AT EXL PZEV Sedan
- My Epinions.com 2005 Honda Accord Review
The best I could get for an LX 5-speed was $17,090 at Russ Darrow in Milwaukee. Does this seem fair?
This is a great price.....most people posted $18200 (including destination and dealer fees).
Is your price inclusive of the destination fees? Am guessing the "service fee" is the same as the "doc fee"
Try and see if you can get the mud guards thrown-in for free.....Remember Accord sales were down for May, you should be able to deal easily and get some freebie accessories installed at no COST.
Good Luck
The best I could get for an LX 5-speed was $17,090 at Russ Darrow in Milwaukee. Does this seem fair?
[UnQUOTE]
Dealer Invoice w/Destination = $18,315 (per Edmunds.com using zip code 53702)
So, your price $17,090 is pretty good considering it's $1,225 below Invoice! Personally, any time you can get a car for more than $1k below Dealer Invoice is good IMHO!!!
FYI: Here in CA, last May 6th, I bought my 2005 Honda Accord 4cyl AT PZEV EX-L Sedan for $1,800 below INV w/DEST!
[QUOTE ... by montognese]
Is it common to have such limited availability of the LX 5-speed?
[UnQUOTE]
Actually, it is!
[QUOTE ... by montognese]
Also, I'm probably going to pay $139 for mud guards. I found the OEM ones for like $59 direct from a Honda dealer. Has anyone installed them on their own? How did it go?
[UnQUOTE]
I didn't buy my accessories thru the Dealer since it's more cost effective via the Internet.
I added the following
1) Splash Guards - Front & Rear** (Aftermarket item $39.95 + SH - www.handa-accessories.com)
2) Sunshield Windshield Shade ($18.69 + SH - www.handa-accessories.com)
3) Heavy Rubber Beige Floor Mats ($19.84 + tax - Wal-Mart)
4) Convex Mirror for the Driver side mirror ($2.99 + tax - Kragen)
5) Half Bra ($54.00 + SH - www.handa-accessories.com)
**Adding my Aftermarket item Front and Rear Splash Guards was relatively easy!!! They fit like the OEM that cost more!!! Installation is about an hour, if you take your time. Make sure you have a short/small handle phillips medium-head screwdriver, so you can attach the Rear Splash Guards easily. For the Fronts, just turn the tires either way to install your Front Splash Guards!!! (Click my pic's link below to see pic's of my Splash Guards) FYI: www.handa-accessories.com has PDF Installation Instructions on-line.
[QUOTE ... by montognese]
Has anybody bought the Burlwood Interior trim kit? Do you like it?
[UnQUOTE]
Actually, they came with my IVORY Leather Interior (Desert Mist Metallic). Check out www.handa-accessories.com, they have Burlwood Interior trim kit PDF Installation Instructions on-line.
Have fun deciding,
Phil
Pic's of my 2005 Honda Accord 4 cyl. AT EXL PZEV Sedan
My Epinions.com 2005 Honda Accord Review
Is there any practical benefit of owning a PZEV vehicle, other than obviously be helping the environment? Does PZEV car owners get any tax benefit (like electric or hybrid vehicle owners) or perhaps a longer exemption from having to do a smog test? It's great we're doing our part to help the environment, but it would be even greater if there is an economic benefit of owning a PZEV. The Accord is great either way...
Yeah...I'm sure that poster feels real good about himself after reading your post.
I live in CA, LA to be precise. I want to buy either the Honda 2.4 or the 3.0EX w/Leather/XM. They are qouted here as $21,417 and $24,158 respectively.
To make a long story short.....How much is a steal... that is out of the door? I kill myself if after all the good posts hereb I et ripped...... Pls let me know. I don't mind travelling to the Bay area if I can get a good deal. I used to lve next door to automall in Fremont..Thx
I just pulled the trigger on the exact same car.
Graphite Pearl Accord LX-mt. Car had gravel guard, trunk tray, and wheel lock installed.
I paid $17,300 + $45 "doc fee"
Your price is excelent in my opinion.
I love the stick shift with the 2.4l, really lets you control the motor and gives you more zip than if it had an auto trans.
The Graphite Pearl is in my opinion the best looking color combo.
I love mine to death.... Hit it with a fresh coat of wax the second day I owned, AND WOW, did it really wake up.
I also just today had a set of Konig alluminum wheels put on it with the factory tires.
Got em at Discount Tire: installed, lugged, locked, and taxed for $350 out the door.
Discount wont be carrying the Konig Theory wheel anylonger, so they were hip to get rid of em cheap, they look so damn nice.
Gonna get her tinted once I get plates and can get the temp-tags out of my rear window.
I like the Blue also, SIlver kinda turned me off, the solid black interior was not appealing to me.
I would jump on the Graphite if I were you, I think you will come to love it...
It may be true that your metro area does not have all the colors available for you to choose from.
I believe there are enough links to the PZEV details to make you sick
In regards to 50 + mpg for the I4, those are segment highs so far as I have yet to hit the magic 50 mpg for an entire tank. I just missed it over my last 2 at 49.47 mpg and 49.32 mpg after 906 and 945 miles respectively. Just follow the website from which the pics were linked and it will help you improve your own. About all I can add is that 40 + is easy in an I4 Accord in summer temps. 50 + is really pushing and only a few in the world with the optimal commuting routine, speeds, temperatures, patience, setup, and mucho game gauge training will come close. The following might help
http://greenhybrid.com/compare/mileage/car/595-pzev-accord.html
I could not figure out how to make the dynamic sig over here so the above will have to do.
Good Luck
Wayne R. Gerdes
You're right about the silver. It's actually my favorite car color. However the black interior is just too dreary for me, especially on the LX which does not have the interior trim accents so in a way I'm happy with the Graphite because I get the gray interior that I enjoy. I'm still torn on the burlwood though. Maybe I'll do this later if I feel I need it.
I'm so sad to see my 1998 Honda Accord DX go to a new home. Over the years I added 2 extra speakers (to the original two which I also upgraded), alloy wheels from a 2001 SE, an OEM spoiler, the AM/FM CD from the 2001 SE again and she looked pretty sharp. I bought her new when I graduated but I can assure you that I am now ready for things like power locks, windows and mirros, ABS, cruise control, a more adjustable seat and something a bit more modern.
Mark, sure you saved some money getting that Accord but if you think about it you spent money to go and get it over in California (gas, miles on the car, hotel, airfare, etc. And another thing bad about that is that the dealer is out of state. I think if you buy from a local dealer they will always give you the best service. I would rather pay the extra $1000 and help the local economy and have the dealer and salesperson close by. Just my opinion.
Best of luck in your shopping venture.
Autowest Honda Fremont
Anderson Honda (Palo Alto)
Menlo Honda (Redwood City)
Stevens Creek Honda (San Jose)
I am inclined to go with Stevens Creek as I had a good quote over the phone (through their internet salesman) of $17,369 (including destination).
Also, do you recommend the extended warrantee?
THANKS IN ADVANCE FOR THE ADVICE!!
Car $17,869 Accord LX Auto
Doc $45
Tax 8%
Reg (CA) $181. (Sonoma Co.)
No extra destination stuff.
I took a short nap during the finance manager's presentation and didn't buy anything extra which is very tempting if you haven't done your homework.
Just dont get it machine waxed. Only wax by hand. Odds are if you have it machined waxed they will burn your clear coat real bad while they remove the wax.
I will get some pics up of my Graphite Pearl LX with Konig Alloys tomorrow.
Oh by the way, I wax mine with Meguiars NXT paste.
I really wanted to keep my business local, I would have done it if they got close on OTD price.
I just never got a good vide from the local dealers.
Bottom line was that I had a free ride out to LA.
The only cost I incured was the burning of my free tank of gas on the ride home...
I also paid cash for my car so it was much easier, I guess, to arrange as no trade in vehicle was involved.
At the end of the day, after all overhead on the trip, I pocketed about $900 by buying in the LA market. The 350 miles that I put on it during the ride are not going to cost me any sleep at night either.
I have had a silver daily driver for the past 8 years, it was time for a change for me, plus the Graphite is so deap and rich, I just drewl over it.
I love it...
Having the deal already pre-arranged gave me the power at the dealer. I walked in with the cashiers check from the bank and laid it on the table. Everyone snapped to attention and including the test drive I was out in about an hour or so.
It was funny, when I met with the Finance Manager with the check on the table, the Manager was almost ashamed to have to go over the add on packages with me. She apologized and told me it was a technicality, her speech and my signature declining all add ons took approx 30 seconds.
I loved it...
That's very impressive! You must drive quite a bit (9,000+ miles in less than 2 months). I noticed you put 50#s on your tires. Isn't this a little dangerous? Is the ride comfortable? Also, do you use regular or premium gas? How often do you change oil?
If I can get anything north of 40 mpg I would be thrilled. Thanks for the info.
So how much did you pay out of the door? That is taxes, plus all fees? By your estimation, was it a good deal?
I can tell you are one happy,,,,,,,, I'm glad you like the car. I loved the pics so much I want your car so bad...:) Hey do you think Anderson Honda can give me the same deal? Pls let me know...
Asking Wayne about how to achieve high gas mileage is like asking Picasso how to paint.. He can teach you some skills, but you still ain't going to paint like Picasso...
regards,
kyfdx
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Is that your OTD price? What was your price plus destination?
I got my EX with Auto last friday for $19,915 + TTL. OTD = $21,400.
Seems like most people on here go with the LX or the EX-L. There aren't a whole lot of EX without Leather.