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Comments
indiana.
2007 hONDA aCCORED EXL Auto without Navigation for 23,165 plus all charges & taxes
Does anyone have experience with differences?
I have already tried the FAXing technique which turned out to be futile.
2006 Accord Coupe EX, manual transmission $19,400 + tax and license
2007 Accord Coupe EX, manual transmission $21,988 + tax and license.
Good price? Or do you think I should be able to do better? I am more interested in the 06 then the 07 because of the big price difference
Looks sooooo sweeeeeeet in my garage.
Traded in my 1994 Acura Integra. I had over 168,000 miles on it! I told them I would see them in 12 more years to buy another car.
dealers are crazy, and some dealerships are small and they have a few cars and they hold out for the bigger deals, and some dealerships are large and they just like to move cars and they'll take anything decent. Shop around. be persistant. a great deal will come to everyone who waits.
Looks like my car had been on the lot for 3 months. They really wanted it to get the car off the lot! Very good dealership to work with!
Invoice is $18,749
3% hold back ($562)
Cash to dealer ($750)
Destination $590
Total dealer cost $18,027
while your price was $17850
Why did the dealer sell to you for less the invoice minus all the incentives? This is basically the same car as the 2007 so why would they give it away? I'm not trying to start an argument or am saying you didn't get this price but am wondering what the dealers reasoning would be to sell a car for a $177 loss?
That said, if a dealer gets $500 additional back for each car he's sold that month if he exceeds x, if you stop buy the last 5 days of the month and hes at (x-3) or so he may well sell you a car at a loss to make sure he collects his $50000. Thus the recommendation to canvas 10+ dealers the last week or so of the month to find such a dealer if there is one. In any event he may agree to a low profit sale just to make a record month a super record month.
Selling X may also guarantee him the choice selections of particular models the next month.
Go to fightingchance.com -- get their kit on your model. This is a modern new car buying guide, and is useful although I think emails will work as well as Faxes for the purpose if directed to the store manager by name.
Go to the library or amazon (it may be updated) and read the classic (1981) "Don't get taken every time" by Remar Sutton. I've been in the business and this is the most accurate description of the car business I've seen and is a fun read.
Do this and you will know more about buying new and used cars than 99% of the general public and about 95% of car salesmen themselves to boot.
-- jjf
This doesn't add up.
Invoice is $18,749
3% hold back ($562)
Cash to dealer ($750)
Destination $590
Total dealer cost $18,027
while your price was $17850
Why did the dealer sell to you for less the invoice minus all the incentives? This is basically the same car as the 2007 so why would they give it away? I'm not trying to start an argument or am saying you didn't get this price but am wondering what the dealers reasoning would be to sell a car for a $177 loss?
Doc Fee: $159.00
Total pd: $24,000 + Tax
Burns Honda, Marlton, NJ
Happy with dealer, straightforward transaction.
I am looking to buy a 2006 Accord Ex-L (Automatic, 4-cyl, w/o nav) and tried all the internet car sites and went down to a couple of the dealers. The best quote I got is 22,000, including destination charge. It seems that I cannot get the price down any further. I am a new buyer so would love to hear what you think: is this price at least OK?
Many thanks!
Alex
Thanks
BUT... I'm glad I'm not the only person here who can do basic math!
ON the web site the stereos remain the same from last year. Where did the information that they have changed the units?
I think its on high side.
I checked with most of the dealers in the Bay Area and at the time this was by far the lowest offer I could get.
Did the $22,300 include the extended warranty, or did you have to pay extra for it?
Thanks!
That being said, I've been tracking the prices posted in this discussion. In the past month, several people posted prices of around 21,500 for the EX-L.
But you also should keep in mind that the numbers might not be accurate. Not everyone understands what "OTD" means, some might be leaving out destination charges, some deals may not have gone through, etc. 22,000 may not be the absolute lowest but it seems to be very close.
Are you under pressure to buy or can you wait till the end of the month? That's what we're planning on, but even then I don't think we'll be able to get much lower than 22K.
My $22,000 is not OTD either; it's price + destination. Plus tax, doc fee, etc, it would be a lot more. Were you talking about a $21,500 OTD for Ex-L?
I am thinking about waiting till the end of the month too.
Thanks!
$21600 OTD.
No - this would be before TTL, but otherwise including all charges, at least as stated by the people who posted the prices.
Since we are getting ready to buy at the end of the month, I sat down last weekend to read all the messages since mid-July, to see what people have been paying lately. The majority got prices under 22,000 for the EX-L - anywhere from 21,068 to 21,900, so I averaged it out to "around" 21,500. A few were still reporting prices of over 22,000, but that was the minority.
This isn't a scientific survey, of course, just notes I took as I read the posts. I'm skeptical of the person who stated a very low price of 21,068 - maybe there was some confusion there about which trim level they were buying (maybe the price was for an EX with cloth, not an EX-L?), or maybe the person factored in the value of their trade-in or something, because that doesn't sound realistic at all. And again, I'm sure some people were saying "OTD" but didn't really know what that includes.
But overall, quite a few said they got prices around the 21,500 mark - maybe a couple of hundred dollars more or less - including destination but not including TTL, so I think that's a fair indication of current pricing.
Oh - I should add, we are looking for an EX-L without navigation, so those were the posts I paid attention to.
Getting good at anything requires study:
1)Go to fightingchance.com. Get Bragg's kit (emailed) on your car, maybe buy his book. ($34.00 and well worth it)This should
help you before EOM. Apply his recommendations at the end of the month.
2)Later go to library or Amazon (may be updated) and read the classic (1981)"Don't get taken every time" by Remar Sutton.
Been in the business and it is the most accurate description I've read. Fun read too.
Do this and you will know more than 99% of new car buyers out there. (95% of salesmen too) Do your studying and learn how to buy a car for life.
No - this would be before TTL, but otherwise including all charges, at least as stated by the people who posted the prices.
Since we are getting ready to buy at the end of the month, I sat down last weekend to read all the messages since mid-July, to see what people have been paying lately. The majority got prices under 22,000 for the EX-L - anywhere from 21,068 to 21,900, so I averaged it out to "around" 21,500. A few were still reporting prices of over 22,000, but that was the minority.
--jjf
Lowest I am getting is 19.87 K plus TTL
jitendra
Out of many faxes you are looking for one or two heroes. If those prices he mentioned are the best he's been seeing then you are probably getting a rock bottom deal for your area. Some froggier folks try a different city a hundred or two miles away.
In your case the Accord is after all the most popular sedan in America.">
Now just read Remar Suttons book I mentioned and you know how to buy a car for life.
bought the kit that you mentioned and while it contained some good information I discovered that the prices that some of the dealers quoted were pretty much in line with what the kit contained ($500.00 over invoice) in my area. As for the fax or email attack method that was a flop, they either told me to come in and talk or failed to respond. Not blaming them, just realize that market drives the price and not all areas will get the same deal
Not sure if you're talking about me and my price of $21,068, but it was real and I now own the car. It was for a Silver sedan 4 cylinder EX-L (leather not cloth) and without a navigation system. Keep in mind the car had no dealer installed options, but that's exactly what I wanted. Here's the quote from the dealership O'Donnell Honda in Ellicott City, Maryland just to show you that it was real:
"From your inquiry, I understand you are interested in the 2006 Honda, Accord EX-L sedan. Our Internet price on this vehicle is $21,068 plus $99 processing fee, any options, freight, taxes and tags. Our price is good for 7 days. We do not add any additional equipment to our vehicles . What color are you looking for? Have you driven the Accord?"
I wound up paying just under $23,000 without any added options or warranties.
~Robert
Thankfully, they seem to be disappearing!
I just finished negotiating for my new accord coupe EXL Auto 4-cyl for 21,500(including dest) in the NJ area. The OTD price (out the door price) was $23,400. The best deal I found was 21,300 (including dest) but that dealership sold both their cars very quickly. Don't know their OTD price.
Even though I think I may have paid slightly more than others, I can't complain since I got the color I wanted. Graphite (ext) Black (int). Couldn't find another one anywhere.
If you don't care about color you should get a fanatastic deal at the end of the month.
GLA
Nobody had the Royal Blue Pearl, so finding that was really hard, but around here, no one had a lower price on this model car in any color, they kept saying the cars were selling well. If You're in the New York area, openRoadHonda's prices would blow mine out of the water...
We bought 2007 Honda Accord EX- L w/o navigation for 23,165(including destination).
Actually we wanted to buy 2006, but dealer did not have our color so he sold this 2007 with our choice of color for $165 more than invoice price.
Is it a good deal or we paid more. This is my first new car purchase so please can anybody give me answer
You got a great price and I hope you're enjoying your spiffy new ride!
On the one hand, the 2006's are going for a few hundred dollars less at this point, and there doesn't seem to be much difference between the 2006 and the 2007 as far as features. On the other hand - depending on the available colors, I can understand adding a few hundred dollars to get the color you want.
For example, we don't want the ivory interior, so if the only 2006's available are the ones with an ivory interior, we would pay the extra few hundred for the 2007 model even if it doesn't have any other clear "benefits" over the 2006. We plan to keep the car a long time and the extra cost is worth it now to spare us the headache of maintaining a light-colored leather interior for years.
Limited color choice is a risk we take by choosing to buy at the end of the model year when prices are lower, so we are trying to be realistic about it. If we're lucky, there will be an acceptable color combo in the remaining inventory and we'll get it at a low price. But if we do have to end up paying more because of the color, it won't be that much different than if we had bought the car earlier in the year, in our choice of color, when prices were higher - except the higher price will be getting us an '07 instead of an '06.
IMO, I don't think it's about the absolute lowest price - it's more about getting what you believe is a good value that will serve you and your family well for a long time, and I think you did accomplish that.