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I am trying to get a better deal at the current time on the EX-L 4cyl AT w/ Nav.
Thanks in advance!
Don't believe the dealers. There is more to profit than what they make on the individual cars, especially on the Accord. The Accord is a loss leader for them - they don't expect much profit on the car and hope to make it back through financing, volume sales incentives from Honda corporate, and service/maintenance down the road. Also, the dealer processing fee and destination charge are built in profit too...
What I did when I was confronted with this tactic was to tell the salesperson to not BS with me and let it be known that if they want the sale it would be a true invoice deal, and if they help me get my price I'd give him a benjamin after closing the deal.
Sure enough it worked, because the sales guy I dealt with needed a couple Accord sales to get a bonus of around $3k that month, so he really didn't care about how much profit he made on my particular sale.
Not sure if it will work everywhere, but these guys don't get paid much, so be firm and hold your price.
More of my .02 - I think it's the wrong tactic to approach any Honda dealer with 'give me your best price on this Accord' because you're going to have a hard time negotiating very far down from where they are. Go in with your price in mind, make it clear you're ready to purchase, make it also clear you know what the TRUE invoice is, get the sales guy on your side, and you'll be surprised how low they are willing to go on prices to get the sale.
I would think this is true regardless of where you live.
Trading in a:
2004 Ford Explorer 4-door XLS 4x4
4.0L V6, 5A, 41.5K miles
Dark green/light tan cloth
No options
(CD, all power, A/C, cruise standard)
"Above average" condition (no mechanical problems or major cosmetic blemishes)
Tires have maybe 20% left, brakes are original but still OK
All maintenance done including full synthetic oil changes
One owner, no accidents, clean CarFax
Payoff is $11,552.52, they are willing to "allow" this amount
Looking at a:
NEW 2006 Accord LX "SE" (2.4L, 5M)
Black/tan cloth
Only options on this are pinstripes and mudguards
(SE comes with alloys, carbon-look interior inserts, 120W 6-disc in-dash, body colored mirrors, etc.)
MSRP $21,275 incl. dest.
NOW THE POTENTIAL DEAL:
Trade difference of $8,437.50
+240 taxes
+275 Dealer Over Charge (DOC)
+payoff of 11,552.52
Financing $20,505
SO, I would be out the door for under MSRP, but aren't these critters going for less than that these days?
What does everyone here think of this deal? (my goal is fair to both parties)
If you decide to go out-of-town, it may be worth checking prices in the Chicago area via emails. The prices there are competitive and it are cheap one-way flights to Chicago using Southwest Air.
NEW 2006 Accord LX "SE" (2.4L, 5M)
Black/tan cloth
Only options on this are pinstripes and mudguards
(SE comes with alloys, carbon-look interior inserts, 120W 6-disc in-dash, body colored mirrors, etc.)
MSRP $21,275 incl. dest."
This is absolutely a deal to avoid! At this time of the year when the 07 models are just a couple of months away, you should be aiming for no less than $500-UNDER-Invoice deals (under $19k, not more).
Avoid that critty dealer at all cost!
ramida
I found the Fremont staff to be very honest and straightforward. I chose a Silver car with < 2 miles on it, the seats etc all still covered in plastic wrap. Salesman gave me the mats and wheel locks free without my even asking, but said I'd have to pay for any other accessories. He showed me the accessory price list and did not try to push anything. The finance guy explained possible extended warranties etc, but was not pushy when I declined (though declining motivated him to reduce the fees and increase the warranty by 2 yr). I paid cash, so I don't know about their financing. There were absolutely no hidden fees. They washed the car, explained all the car features, and I was out the door in about 3 hours total.
Leather or cloth? If leather, great deal...if cloth, you can probably do a little better.
Used Costco and my closet dealer to my house was the Stevens Creek Honda dealer and the Costco salesman guy calls me and we set up a time. Go there check the car all is good and ask for my costco price. They say Invoice plus 300 so like 20300.00 plus tax title and license. I say thats really high and you can do better. So they play the game where the salesman goes back to manager, I sit and wait at table, takes lots of time, price gets to 19400, plus TTL.
I say way to high, I need better price, they say 18,800 best they can do, I say go 18200 and buy now, manager laughs at me says he is done. I say thanks and c ya later. He calls me next day and laughs at me again (whats up with that?) and hangs up. So did not like Stevens Creek Honda.
Tried plan B and mass emailed as many honda Dealers within 30 mile radius of san jose, no one could give me deal close to Colma Honda. To be fair the next best was Dublin Honda at 18400.00 maybe I could have haggle a bunch and got 18300 but what the heck Colma was upfront on the price.
Went with plan C, emailed Colma Honda, price is 18300 plus TTL per tinatina post. Got brand new car, 4 miles on it, still in plastic, they detail car, I pay cash and out of dealership in an hour and half. Great car, I test drove the Hyundai Sonata V6 and Toyota Camry LE V4. Sonata was nice but gas mileage reports and the resale value was a bummer. The toyota, great car but those toyota guys do not want to haggle. I know that toyota camry will drop in price once the incentives come out, my GF bought the Camry LE 2006 for 16,599.00 Plus TTL so I can't see the 2007 camry LE at 19200 plus TTL and they have the same MSRP so dealers are makin a killin on camry esp the Camry Hybrid. Anyway so my total was 20049.21 OTD anyone in california can go to the DMV website and calculate fees, print it out and take to dealer to make sure they are not pullin a fast one on you.
https://vrir.dmv.ca.gov/FeeCalculatorWeb/index.jsp
Oh yea the dealer installed the wheel locks for free and carpets were in the car also.
Good luck peps
I had similar bad experience with Steven's Creek. I got an online quote of $18,888. The guy emailed me the next day with one sentence "DO YOU STILL WAITING FOR MAGIC?" Very unprofessional in my opinion.
Interestingly, Dublin quoted me $19000 when I checked two days ago.
-Kat
You are right, their finance manager was not pushy about the add-ons - such as extended warranty, service contracts. I complimented him at the time, and when I get the survey I will note it (in addition to the positive attitude of the salesperson).
I agree with your comments on the competitors. I originally looked at the Sonata, but then I would have to travel to San Jose, the East Bay, or the North Bay for service, etc. The travel time is just too far and you would have to factor in increase gas cost and bridge tolls. (I just realized that a new Hyundai dealership opened in Burlingame - oh well). As far as the Toyota Camry, its a great car - no doubt, but in 4 cylinder trim, I don't think its better than an Accord. For me, the price differential is at least $2,000 when you equip the Camry LE the same as the Accord SE (the $19,200 figure you cited was just for the Camry LE with floor mats only). I also think the Accord will have better resale value. Don't get me wrong though, they are both great vehicles as is the Sonata.
Txn428, two other good dealership may be the Honda dealership in Sunnyvale and Anderson Honda. I base this on others who posted here and on the dedicated Pilot thread. Always deal with the Internet Manager though (if you have not already done so).
That rate seems good. However, rates vary from state to state. I live in CA and I got 5.74% for 60 months on my Accord two weeks ago. The dealer matched the rate of my credit union. If you have not already done so, I would check with a credit union or Costco (if you are a member). If you are in the market for an Accord, you may want to purchase over the 4th of July weekend. I would bet that Honda will have some attractive financing rates like they had for Memorial Day.
Thank you for your recommendations. I'll look into Honda in Sunnyvale and Anderson Honda. I think I should wait for July 4 weekend (as suggested above) to see if they have any other specials
If so, then you got an awesome deal!
I settled for 23890 after freight and was able to get the music link thrown in (they say its worth $330)
I got the same package (EX/Leather and Nav)
Here is the breakdown from the registration fee calculator
Purchase Price: $18,407.00
County: Santa Clara
Current Registration: 31.00
Current California Highway Patrol: 9.00
Current Vehicle License Fee: 120.00
Current County Service Authority for Freeway Emergencies Fee: 1.00
Current Fingerprint ID Fee: 1.00
Current Smog High Polluter Repair Fee: 6.00
Original Smog Abatement: 6.00
Current Auto Theft and/or DUI Crime Deterrence Program: 1.00
Current Abandoned Vehicle 1.00
Current Air Quality Management District: 6.00
Use/Sales Tax: 1,519.00
Reflectorized License Plate Fee: 1.00
Total Registration Fees: $183.00
Total Use/Sales Tax: $1,519.00
Grand Total Registration Fees: $1,702.00
hope that helps,
(LOVE my red Accord ex-l, manual transmission ... LOVE IT)
Thank you for your input, I'll see what quote they could give me.
I bought an 06 TL with Navi for $32,575 inc destination - right about invoice. I got the Accord EXL Auto for $22,137 also right near invoice. Worked the deal via Norm Reeves Acura/Honda in Temecula, CA (north of San Diego). "Worked" is generous - they quote very aggressively from the start and I HIGHLY recommend them to anyone in the Los Angeles or San Diego Area.
I did all the paper work via email yesterday and my wife and I were in the dealership for right at an hour - the process was very smooth, no add ons, no BS. Every thing was as per the phone calls/email. The only wait we had was the Accord prep since it just came off the truck. The TL had 6 miles on it and the Accord had 5 miles on it
I bought an 06 TL with Navi for $32,575 inc destination - right about invoice. I got the Accord EXL Auto for $22,137 also right near invoice. Worked the deal via Norm Reeves Acura/Honda in Temecula, CA (north of San Diego). "Worked" is generous - they quote very aggressively from the start and I HIGHLY recommend them to anyone in the Los Angeles or San Diego Area.
I did all the paper work via email yesterday and my wife and I were in the dealership for right at an hour - the process was very smooth, no add ons, no BS. Every thing was as per the phone calls/email. The only wait we had was the Accord prep since it just came off the truck. The TL had 6 miles on it and the Accord had 5 miles on it .
The TL got 29 mpg on the 52 mile drive home at 80-85mph - while very impressive, the EXL fuel guage never budged and is still "past F" with 57 miles on the odometer. I can tell it is going to be a fuel sipping machine. It is also very powerful IMO for a 4cyl.
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So much for keeping the speed down during the engine break-in period.
I was a good boy and did not put the pedal to the metal and keep the rpms below 4500 the whole time
Also, are there currently any rebates?
Thanks.
Is that rattle just in your vehicle or have there been others complaining of the same thing?