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Comments
So you were quoted a price of around $17,500?? What's the name of the dealer? I'm in central PA and would certainly drive 100 miles for a deal like that.
Invoice including delivery is $19,000 for that car
Is that right?
Everything in California is usally much more expensive. My daughter can barely get by because everything cost so much. Yet, Accords are cheaper???
Anyone know what is going on? I tried several zip codes in Texas and Oklahoma and all are around $1700 more. No Logic?
Jim
Anderson has the same car advertised (1 at this price) for 17,688, not so bad in itself!
Accord - total cash price 29,511. First year depreciation - 5662 which is less than 20%
TSX - total cash price - 31,741. First year depreciation - 6594 - over 20%
Depreciation cost is shown to be very low (the bar) for the TSX and near high for the Accord. How did Edmunds arrive at this valuation?
Even the total depreciation cost as a % of the total price is lower for the Accord.
The TCO numbers are completely misleading!
I'm in Austin, TX, but got internet quotes from Temple, Waco, San Antonio, and Houston. Someone told me about Russell Smith Honda in Houston, and I'm glad they did. They gave me an internet quote of 23,619.00. I tried hard to get both Austin dealerships to at least match this, but they said they couldn't come close. I had NO Trade-In and told them I would be paying Cash. I even offered them 25,400. (Out The Door), but they said they would be losing way too much money.
When I showed them the quote from Russell Smith, they said they were "Low-balling" me. They told me to get them to fax a Purchase Order (signed by the manager) with the VIN # on it. When I got home I called them, and they had no problem doing it! This was on May 30th. I drove to Houston the next day, and had not one problem. They gave me the car for exactly what the quote was.
Here's how it broke down:
Car Price: 23.619.00
Tax: 1,476.19 (6.25% in Texas)
Inspection/Title 58.88
License Fee 72.30
Doc Fee 50.00
----------------------------------------------
"Drive Out Price" $25,331.12
I got the Satin Silver, which comes with black leather! It's fabulous. It drives like a dream. I test drove the 4 cylinder as well, but liked the V6 MUCH better!! It had 2 miles on it when I drove it off the lot, when I got to Austin, it had 170, but well worth it, as I saved around 1,100 by buying in Houston!
Yes, this is because of your government [which you elected by theway] which is service oriented [you pay more taxes] and also very compassionate [you pay more taxes] and environmentally friendly [organizations pay more to do business, reflects in higher prices to you] and quite inefficient [just like most governments] and heavily influenced by those special interest groups [so what else is new?]
"Honda Accords cheaper in California than Texas? "
Yes, what is at work here is Competition and volume. There are Honda dealerships at every street corner, competing to sell you an accord and try to make a dime off it.
What nonsense.. There are thousands of dealerships and you think something like a dealer incentive can be kept a closely guarded secret?
>What nonsense.. There are thousands of dealerships and you think something >like a dealer incentive
Perhaps the poster can quote the current factory-to-dealer incentive description for us -- if they're as publicly available as indicated?
2014 Malibu 2LT, 2015 Cruze 2LT,
You sound like such smart and no nonsense kind of guy... Why don't you go to one of these Honda dealers and ask what the FTD on the Accord is for this month and see if you get a straight answer and report back to this forum? In the meantime you may think for a second why would a dealer want to tell you their FTD if is not public information. Or why would they want to tell you what their TRUE cost on a car is. What benefit do they gain from divulging this kind of information? Also, try to go to places like Consumers Report and see what FTD they list for the Accord. How come such a large magazine/media don't know this information if, like you said there are "thousands of dealerships" out there itching to give such basic information away? Before calling somebody's post "nonsense" you should think about what you're saying.
You are the guy that also posted the "A fool and his money are soon parted" comment to describe your feeling about somebody paying $800 for a spoiler and for paying too much for his car. Now I don't feel as bad for your comment, as at least you didn't call me a fool. You should try to be a little more sensitive when posting, and express constructive opinions as opposed to criticizing other people's postings in an insulting way. You can disagree and still be polite about it.
Also, I am interested in the dark blue color, does anyone know if you can get the leather seats for this car in any color besides the gray? I have not seen the gray leather yet, and it might be ok, it just does not sound appealling.
Before I go nuts pricing cars were am currently (NY), and in a few hundred mile radius of Phoenix (LA), can anyone tell me what price I should be shooting for?
The grey leather seating is quite appealing...but it's a matter of taste. Only you can decide that.
Hope this helps.
Based on my personal experience in the last couple of months, this is a circular logic. The price you should be shooting for will really depend on where you are shopping for your car and how far are you willing to travel. You will very likely be able to get much better prices in LA or SF than Phoenix. If you're not willing to travel to LA, LA prices (lower than Phoenix) are not relevant to you, etc.
Looking at carsdirect.com and typing a few different zip codes only take a few minutes. Unlike to go nuts doing it, and likely to be worth your time.
Good luck.
I posted the questions as a means to get general pricing information, not necessarily, "what's the best price I can get in Phoenix." For example, can I do better than the carsdirect price, coincidently, the best price I got in Phoenix was the exact price listed on carsdirect.
The price in LA, exactly $1000 lower at $20,867; can I do any better than that?
My experiences with the dealers thus far is, they want you to name the first price (usually), this was why I asked my original question, what number should I be going in there with?
Does anyone have the pricing for EX V6 with Navi in the Bay area.
Thanks.
A.
1) Checked prices on carsdirect.com. for different locations I was willing to travel to go get my car; this is what I consider the "no-hassle, no-haggle" price;
2) I knew based on information shared on this forum the "true" cost of the car to the dealer, which essentially is the invoice price (including destination) minus holdback (3% of of the base MSRP) minus factory-to-dealer incentive (May was rumored to be up to $900). This would be the price dealers would be making a zero profit on and for most Accords is anywhere from $1,700 to $1,800 below invoice. Caveat here is that I haven't heard what the FTD is for June. Understand that if a dealer sold at this price they would not make a profit, or they would make a profit out of some other volume-based incentive we are not aware of.
3) I sent a generic "request for quote" e-mails to various Honda dealers in these locations.
So, I knew the no-hassle price, the zero profit (to the dealer) price and dealers' actual quotes. Based on this information and after some follow-up phone calls to some of these dealers I short-listed, I came to the following conclusions:
1) Local dealers were generally not willing to match prices from dealers from other geographic locations (i.e. prices were very localized). I guess they view their competition as the other local Honda dealers, not the ones located outside their territory, independent of distance. So, dealers in San Diego were quoting me $900-$1000 higher than Riverside Honda (considered to be in the LA area, although it is only 60 miles from San Diego county). Dealers in SF were quoting $700 less than dealers in LA.
2) Most dealers within a geographic location will have similar prices and are willing to match each other's written quotes. So, I could have gotten my Honda at many dealers in the LA area for the same or similar price than Riverside Honda, which is where I ended up buying my car from.
The bottom line is this: you may be able to do a little better than carsdirect.com, but probably not by much, since dealers also have access to the same information. I'm ok if dealers are making a reasonable profit (in my case I figured
they made about $400 on the sale), so I didn't feel I needed to travel to SF in order not to be ripped off. I decided not to buy in San Diego (where I live) because I thought they would have made too much money of me, whereas in San Francisco the competitive environment is such that dealers are willing to loose some money on the sale (based on my math) in order to get the sale.
In your case, the LX V6 is not a very popular trim. Therefore the supply and demand situation may be a little different from other more popular trims, which will also ultimately have an impact on prices (possibly to your advantage, or not). However, I would still go through the same process. If a particular dealer has one of these that have been sitting in their lot for a while they may be more inclined to give a better deal than they would normally give.
Good luck.
I pulled the price again on Monday, 06/06 and it is now $18,234.
Why would the price drop so much in 3 days? Does anyone know how often CarsDirect changes their prices? I'm wondering if I wait more than a few days, it might end up going back up?
Here is what I've been offered (Northwest Ohio area)
2005 Honda Accord LX Automatic Sedan
$21,090.00 MSRP
$18,485.00 Your Internet Price
100.00 Ohio Document Fee
7.25% Sales Tax
15.00 Title Fees
10.50 Ohio (30-Day Temp) Tag
200.00 Locate fee (My color selection not on the lot - they arranged to bring the car in from another dealer)
A competing dealer said he couldnt go below 19000, similiar fees (but no locate fee - my color was on the lot). He said the car quoted above must be a "demo" model.
The $18485 price seems like a very good deal (even with the additional $200 locate fee). Any Comments?
Any other explanations?
So, until the dealers report back to them with what they can do, they list a price that they know they can get..
Just guessing.. but, I think that is probably it..
regards,
kyfdx
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
$18,500 plus $500 for a rear spoiler. $19,000 plus 6% tax.
MSRP is $20,789
Good Deal?
PK
____________________________
Is it possible that the lower price is with manual transmission and the higher with auto?
Here is what I've been offered (Northwest Ohio area)
2005 Honda Accord LX Automatic Sedan
$21,090.00 MSRP
$18,485.00 Your Internet Price
100.00 Ohio Document Fee
7.25% Sales Tax
15.00 Title Fees
10.50 Ohio (30-Day Temp) Tag
200.00 Locate fee (My color selection not on the lot - they arranged to bring the car in from another dealer)
A competing dealer said he couldnt go below 19000, similiar fees (but no locate fee - my color was on the lot). He said the car quoted above must be a "demo" model.
The $18485 price seems like a very good deal (even with the additional $200 locate fee). Any Comments?
I too am looking in NW Ohio. In Toledo, none of the locals will provide an internet quote. I've tried Brown, White and University. Would you share the dealer that provided you the internet quote. I've gone north into Michigan (Victory, Monroe seems a little better) and found dealers more willing to quote over the internet, but compared to the prices I've seen on this board the dealers in NW Ohio and SE Michigan just are not as competitive. My best quote was invoice $21,213 + $100 doc + ttl on an EX auto sedan.
Perhaps these dealers all like the customer to be in the door and then begin the long haggle process, me, I want the deal to be nearly done upfront. My issue is that I have a trade that I'm going to sell outright so I'm not quite as motivated ...YET!!!!
Best of luck
Thanks. I am checking with Autowest and others too. So far, it is little more pricey than yours. Let me try on!
-A.
The best price I have received from a central NJ dealer is:
$20,900 Internet Price
515 Destination
1254 NJ Tax - 6%
198 Documentation Fee
242 Motor Vehicle Fee
7.50 Tire Fee
-------------
$23,115.44 --- Out The Door Price
Is this a good price? I know the May incentives were upto $900 and I'm really not sure if the incentives are going to get better in June. Has anyone heard anything so far for June FTD incentives?
- Air conditioning
- Power Locks
If I go through carsdirect or cars.com, I can not add airconditioning without adding auto tranny (which makes it a VP trim, I think). Can an A/C be a dealer add-on on a 5-speed tranny?
Why not just get an LX? It'll have those items and more standard. By the time you pay to add A/c and locks you'll be close to the price of the LX.
And, later, a DX is MUCH harder to sell, especially with a 5 speed!
I just purchased a 2005 Honda Accord v6 with Navi in Berkeley, California at Berkeley Honda (formerly Jim Doten Honda). I did my pricing using CostCo, CarsDirect, AutoByTel and Edmunds to get price quotes. My purchase price was $24,800 (with destination but not TTL) and change (I don't remember the exact dollars) and was below dealer cost due to a neighborhood deal. The next best price quotes I got where in the low to mid $25k range.
All price quotes I received I got from fleet managers through the quote services. If you can't work out a neighbor deal with your town's local Honda dealer, I would check with the fleet managers at Concord Honda. They were really good and I almost bought from them but they couldn't match Berkely Honda's neighbor deal as I didn't live in Concord.
Hope this is of some help!
Regards,
N.
car price: 18020
8.25% tax
licence and fee
--------------------------------------------
Total: 19800
0 downpayment and 3.9% 60 month financing
Is it a fair deal?
Congrats on your new ride. The $21,214 price you mention as out the door, does it include TTL (tax, title and license?). Thanks.