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There is only about a 1500.00 difference between the invoice and the MSRP on these cars so your numbers aren't impossible.
And, ther is nothing wrong with a Nissan Altima. You need to consider how these deprecaite in value compared to a Civic. Big difference!
I believe Honda has an additional $1200 in dealer cash for 2005s so I think it is entirely possible for there to be more than a $1630 difference in price between the two models. My belief is that there is in my case. I think if you plan to be a long term owner, and can get a discount well above depreciation-buying an end of year model makes sense. A couple of other considerations:
1. There is a sales tax difference in favor of the lower priced car.
2. The " imputed value of money" adds up over an extended ownership period--in other words, what you could do with the $2,000 or so that is not tied up in a car. Over 7 years, you can double this to $4,000. And have essentially the same driving experience. There will be some residual difference in value at the end of the 7 years, but not much.
3. It should be remembered that leftover cars are there for a reason and often represent the least popular colors/equipment. In my case, I like coupes and I prefer manual transmissions-but this is the kiss of death on resale--so buying one only makes sense if long ownership is anticipated.
4. Either one can be reasonably justified. What amazes me is how little you save on a used HONDA--which makes this a really dumb purchase unless you simply can't afford a higher car payment
John
Take the newer model, if you can.
regards, ramida
...well, at least I'm not alone in a shiftless world.
..ez..
Thanks
They actually had a fair amount of '05s of one kind or another, including at least 6 hybrids. Certainly not moving like a Prius!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Special internet price: $21,413
Documentation fee: $45
Sales tax (8.25) $1770.29
License fee (DMV) $203
Tire fee: $8.75
Out the door Gilroy Honda price: $23,440.08
Is it a good deal? I haven't bargain yet. If it seems to be a decent deal, is there anything that I should pay careful attention to? Thank you.
Also, for a 36-month payment plan and about 50% down payment, what's the typical interest rate? Is 3.9% the best one currently? Thank you.
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Hard to say exactly what I paid (since I had a trade), but assuming full book, I paid $20,100 (msrp was $24,350, plus ~ 300 worth of accessories already on the car, so figure ~24.6K as the adjusted sticker). So about a $4,500 discount.
I had a trade in offer of 1K more than book at a Sube dealer, but I'm pretty sure (after getting consistant offers at a number of dealers, and having the Sube dealer stuck on book for quite a while) that it was an overallowance to get the deal done.
Still, using the high book/overallowance figure 9which of course I did), I still got a $3,500 discount, so quite a bit under invoice. Also probably at least 2K+ less than I could have gotten an '06 for.
COuld I have done better? Possibly, but the dealer had negotiated against himself quite a bit, and I'm pretty sure I had pretty much bled everything I could get out of this particular turnip. They would have kept the car and waited for the next buyer, no matter how long it was going to take!
Awful lot of car for ~20.5K. I had fun negotiating too. I started with a real low ball (that is, all the $$ for my trade, and way below invoice on the new one, even after the $700 dealer cash). They started with a fair (invoice) deal, and we ended up way closer to my number than theirs.
I'm happy, that cleared out a stray '05 before the holiday's, so everyone wins I guess.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Awful lot of car for ~20.5K.
....that IS a great deal (impressive build date: built AFTER I picked up my '05 Coupe 6M.....close to the final 05 perhaps).
...seasons best, ez...
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Thanks for the info. Please share where you got this information from. Do you mean actual cash rebates or factory to dealer incentives. I have not heard of Honda offering actual cash rebates.
$20,062.00 vehicle
$45.00 DOC FEE
$28.00 TITLE FEE
$8.75 CALIF TIRE FEE
$195.00 DMV FEE
$1,558.29 SALES TAX AT 7.75% (SAN DIEGO'S RATE)
Total OTD = $21,897.04
I think it looks good and probably go grab it end of the week. San Diego dealer just couldn't match not even @ 22,000, only cush did but they didn't had the color i want.
is there any disadvantage buying it from diffent city ? and someone posted there will be $1000 incentive after christmas. if thats true, should i wait ? or just get it.
edmund forum is so helpful, ppl here are very nice.
Thank you.
I printed the 22.5 price, intended to close there, but on a whim, after a monday morning meeting cancelled, I went to Honda cars of Boston, showed them the paper and asked if they wanted to join the party and they said would but they didn't have LX V^ only the EX v6. That's two grand more and I whinned that I really didn't want the xm radio cost and the leather, but I was convinced to drive a carbon bronze model w/ black leather, came back to offer 24,500 which was accepted. When that was done I insisted on 8k for my 2000 EX v6 w/76k,(from Edmunds and KBB), and got it.
The whole transaction took less than an hour only because of the information gleaned on this site for the last month, the competition in Boston, and dealer incentive to increase next year's allocations. My only regret is leaving money on the table wrt my trade, but all in all an easy, fast and IMO a good deal. Good luck to all.
was that with no navi? I'm confused as well. That price did not include ttl, right?
Has anyone else bought an 06 coupe 6-spd for less than $25,500?
Thanks,
Mark H.
Has anyone else bought an 06 coupe 6-spd for less than $25,500?
...bought one each Honda Accord EX V-6 Coupe 6M $23413CD...
..oops. (just noticed you said '06)
2005 AV6 6M Coupe..great car.
//season's best....ez......
:P
i was also wondering if everybody accord buyer here buy the extended warranty? Was it worthy? and Can I find cheaper ones online later after I buy the car?
....yes, yes and yes....
....my dealer and yours must have the same playbook....
$2800....(buy it - today only - $1800)....
FYI, 6year/80k HC EW purchased prior 6k for under $585.
....www.hondacura.com (Ray Laks Honda, upstate New York)
Honda engineers provide great cars; dealers: (you pays your money - you takes your chances)
..season's best, ez..
:P