2013 and earlier-Honda Accord Prices Paid and Buying Experience

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Comments

  • slns02slns02 Member Posts: 7
    Dennis,
    I posted 100% correct price. I don't have a trade-in car, nor did I buy extended warranty and I got a good APR . One point I missed in my first message is I don't have any dealer-installed accessories.

    At first, I couldn't believe the quote myself. After doing the calculation you did, I figured dealer is in a loss. But after another dealer quoted me better price, I started to doubt the guidance of invoice price. Even if majority dealer profit comes from service department, they still need to make money on car sales. So I think there is sth beyond my framework of price decomposition, maybe the quota, or sth else. Anyway, my deal looks unreal, but it is real. :) Thanks for your attention.

    Robert
  • tgetztgetz Member Posts: 8
    Hello crank

    Is this 6cyl that you're trying to get? Where are you trying to buy and who is giving you a quote. Here let's make them a deal . We're all looking for a similar or same car. I think can can make a ton on us even with the lowest prices. I just talk to Riverside honda i ca Beginning qoute is $26000 not including tax and licence. I will have to pay that in Wa state which is a think for tax 9.1% and licence about $162 or so. They are still willing to go down on price since I did tell them it is highm so they asked me what would I like to pay. I really know for a fact they making money. If this is a beginning qoute what we cabn buy it for then? I would have to arrange my own shipping( I checked it is around $400) but still it is a lot less than in Wa state to buy this car even whith this qoute adding tax and licence in Wa .AMAZING. oK WHAT DO I OFFERE THEM NOW? COME ON GUYS IF I MAKE A DEAL YOU WILL TO WITH A SAME DEALERSHIP AND THEY WILL HAVE A GREAT TIME! LET'S GO SHOPPING FOR A CAR SO AGAIN THIS IS A QUOTE FOR 2007 HONDA ACCORD EX-L V6 6CYL 4 DOOR 244HP 3.0L ENGINE WITH NAVIGATION LETHER INSIDE ALLOY WHEELS ETC.
  • tgetztgetz Member Posts: 8
    Hello crank

    Is this 6cyl that you're trying to get? Where are you trying to buy and who is giving you a quote. Here let's make them a deal . We're all looking for a similar or same car. I think can can make a ton on us even with the lowest prices. I just talk to Riverside honda i ca Beginning qoute is $26000 not including tax and licence. I will have to pay that in Wa state which is a think for tax 9.1% and licence about $162 or so. They are still willing to go down on price since I did tell them it is highm so they asked me what would I like to pay. I really know for a fact they making money. If this is a beginning qoute what we cabn buy it for then? I would have to arrange my own shipping( I checked it is around $400) but still it is a lot less than in Wa state to buy this car even whith this qoute adding tax and licence in Wa .AMAZING. oK WHAT DO I OFFERE THEM NOW? COME ON GUYS IF I MAKE A DEAL YOU WILL TO WITH A SAME DEALERSHIP AND THEY WILL HAVE A GREAT TIME! LET'S GO SHOPPING FOR A CAR SO AGAIN THIS IS A QUOTE FOR 2007 HONDA ACCORD EX-L V6 6CYL 4 DOOR 244HP 3.0L ENGINE WITH NAVIGATION LETHER INSIDE ALLOY WHEELS ETC.
  • gilnashgilnash Member Posts: 19
    "So if we take $24,963 - $500 - $829 = $23,634. So even if there is a $500 dealer incentive then they gave it to you along with 100% of their hold back and STILL lost $134 on the deal. So either you had a trade to make the dealer some money, you are posting the wrong price by mistake, or the dealer is nuts."

    another possibility - one naively thinks they know the dealer's cost. Dealers love those kind of customers. An even lower asking price is advertised here, $23,500, with obviously more room lower for negotiation. The only way to know if the deal is ok is to get quotes from several dealers, ideally including some from other areas.
  • andysongtn1andysongtn1 Member Posts: 5
    Gentile Honda, Racine, WI. Just closed on a deal.

    $22,069 car
    $139 dealer service fee
    $1,132 (5.1% tax)
    $65 title
    $75 registrtion

    $23,480 total

    what bums me out is that another dealer called me 1 hour after I signed the contract and offered me $21,900 with $129 dealer service fee
  • tgetztgetz Member Posts: 8
    Hello Dwaynne,

    Are you talking about EX-L V6 automatic with navigation invoiced for $25,277? I am wondering if I got an first offer for $26,000 how much lower can I go . Riveside gave me this quote knowing that I still have taxes to pay in amount of 9.1% for WA state. What would you settle for or offer them? Please let me know. Thanks
  • dwynnedwynne Member Posts: 4,018
    We were talking about the non NAV car.

    A 2007 Accord EX-L auto WITH NAV is $27,074 invoice and $29,995 MSRP. If someone offered your one for $26,000 then it is either an 06, does not include the destination charge ($595), or they are going to hit you with a bunch of dealer or doc fees when you try to buy it. It could be a combination of these as well. Of course, the dealer COULD be nuts and is losing money on the sale - in that case go get your new Accord :D

    Be sure when getting quotes via phone or online that the dealer gives you the price for the car INCLUDING destination charge and INCLUDING all dealer or "doc" fees. Then when you compare prices from dealer to dealer you can really see who has the best deal.

    "In theory" a dealer could sell you this car for $26k including dest and dealer fees and make a little money if they deal into the 3% hold back ($899 on this car) and if there is dealer incentive money on it as well.

    If you have no trade and they will sell you an 07 V6 EX-L w/NAV for $26k + TTL then I would tell them to write it up.

    Dennis
  • crankmancrankman Member Posts: 4
    Hi tgetz
    I already purchased the car without the NAVI.

    I did not decide on the price. I requested quotes and found out the price. You are trying to make things hard for you. Why dont you use this web site and get quotes from the three dealers who quoted me good prices ( all three quoted less than 24500 to start with for 07 EXL v6 4 door). I did not even talk to any of them until they sent me a price quote in writing ( email). Dont just use any one dealer and best of all, they dont even know whether you are a man/woman/minority etc.
    Good luck.
  • e163e163 Member Posts: 11
    Hi crankman,
    Just getting into the process to buy an Accord. Could you help me out by telling me what your OTD price was on that 07 Accord EX-L and where you bought it? What color did you buy? Was that a factor in negotiations?

    Thanks
  • octormoctorm Member Posts: 9
    Hasn't heard any quotes near that on 07 EX-L w/NAV around here in NY/NJ. I was offered a $23,000(incl destination) on the 06 EX-L w/NAV. What do you think?
  • tgetztgetz Member Posts: 8
    Hi Dennis,
    You mentioned that it should include destination charge. Let me ask you this. DO I still pay that since I am out of state. Here is a sample email sent to me by one of the dealers. Take a look:The 2007 Accord EX-L V6 NAVIGATION, we have it in stock Carbon Bronze with Ivory seats! Your price is $26,299 (includes destination, we promise) price good for 1 week.What do you think? I just don't want to be charged twice.I am just wondering like you say in theory how can somebody offer $26,000 in CA AND 31400 IN WA STATE INCLUDING TAXES FEES AND EVERYTHING. I DON'T GET IT.
  • qbrozenqbrozen Member Posts: 33,754
    yes, you pay destination no matter where you buy it. Its the taxes that you typically don't pay to the dealer if you buy out of state. You pay the taxes to your state when you register the car.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • dwynnedwynne Member Posts: 4,018
    What qbrozen said is correct - everyone pays destination and it is the same for all of us, no matter where we live or buy the car.

    I would ask that dealer what they charge for "dealer" or "prep" or "doc" fees and if they are not too high and out of line with other dealers, I would go get that car. $26,299 for the car + destination for the V6 EX-L Auto w/NAV is a nice price and unless they mess it up with some silly added on fees (or added on accessories you don't want) then get the deal.

    Normally if you buy a car out of state you would pay no sales tax to the dealer or to the state where the car is purchased. You would pay your state and local taxes when you title/register the car back home. In some neighboring states that may have a deal where the dealer has to collect and turn in the taxes to insure the buyer does not try to beat the state out of them. In that case, you would pay the selling dealer taxes in the amount due in YOUR home state. You may want to do this anyway in the case of wanting to finance the taxes in with the car - if you are financing. So you would pay the dealer the agreed price + your taxes and the dealer would then give you back a check for the taxes to be used when you title the car (if they do not do it for you).

    Dennis
  • gofishinggofishing Member Posts: 6
    Dennis....that is not entirely correct. I have found a great bargain in CA from Riverside Honda, and live in Colorado. I am willing to go get it, but the only way they will not charge me taxes is if I have the car delivered via an auto shipper with a bill of lading, etc. If I choose to pay the CA taxes instead, they are not all applied to the CO taxes. I still owe the CO DMV taxes when I register the car for the first time. My wife works for the DMV, and says people that buy out of state and pay out of state taxes (CA being the biggest problem), do not recover them and end of paying tax twice. I have been around and around with Riverside Honda, asking them to title it to me, give me a temp tag and send me on my way. They will not budge.
  • kyfdxkyfdx Moderator Posts: 267,279
    I've heard this about California, as well... If you take delivery in CA, then you pay CA sales tax..

    Most states aren't this way..

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  • slazengerslazenger Member Posts: 99
    You are right. I live in MI and bought my car in OH. The delear collected 6% MI tax and mailed us a check (to pay tax) with the title. SE Michigan Honda dealers are just awful (except Brighton Honda). One sales guy even told me that Honda will sue the dealership if they sell below invoice - what an [non-permissible content removed] hat.
  • yykkyykk Member Posts: 14
    Just got a quote from a dealer OTD $20,996.04 plus motor vehicle fees (4 year registration would be
    roughly $230).
    Just so you know the breakdown of my price:
    $19,458.92 = Invoice
    $1362.12 = 7% NJ sales tax
    $7.50 = NJ tire tax
    $167.50 = Documentation fee

    Do you guys think this is a good deal? Is this a good time to get a new car or I should wait until the end of this year? Do you guys think the OTD $20,000-$21,000 are reasonable price? Your reply will be highly appreciated.
  • slazengerslazenger Member Posts: 99
    My friend got a 2007 LX(A/T) for 18950+TTL in Chicago - no trade in or bogus dealer fees. So, you might be able to do better. Try to negotiate this Monday since it is month end. I am sure you will get a better deal if you wait until end of the year or even better next summer.
  • yykkyykk Member Posts: 14
    Thanks a lot for your reply.
  • al63017al63017 Member Posts: 149
    OTD at,4cyl,se 20,187 plus 149 doc includes 595 destination
    lx auto 4cyl 19459 plus doc
    remember this includes destination. You then pay the
    tax in your state when you register.

    included splash guards, and pin stripes no other add on or charges.

    internet salesperson is who i worked with
  • klaraklara Member Posts: 1
    I am in LA, have a price of 24,700 + TT&L (no other fees) and no dealer add ons. OTD price is 26,900. I would like to know if there are any dealer incentives being offered? After reading the prices here, it seems I still have room to deal.
  • octormoctorm Member Posts: 9
    Hello Dennis n other gurus out here,

    I am being offered 23,000 + TT&L + 150 doc on an 06 EX-L I4 w/Nav 5A. Dealer is not ready budge from that price and says he is already making a loss of $700+ on the trade and is only looking to move the model out.

    Should I bite the bullet or am I better of going for a 2007? What do you think.

    -Octorm
  • ralph9ralph9 Member Posts: 88
    If you have completed your due diligence by getting bids from the internet sales departments of at least five dealers, then you're good to go. It's not possible to do comparisons using OTD costs, so I deducted the state taxes and came up with a price of $19626. The dealer is selling at invoice plus the documentation fee of $167. As long as there are no other fees and there are no dealers selling for invoice without any fees you seem to have a good price. I would make sure that the destination price is included in your offered price. It would be your call about whether this vehicle will go below invoice later in the year. Good luck
  • tgetztgetz Member Posts: 8
    HEY GUYS I'M STILL NAGOTIATING. ALMOST DONE. DOES ANYBODY KNOW WHAT IS A DMV FEE? THEY WANT TO CHARGE ME THAT IN THE AMOUNT OF 1%?
  • ralph9ralph9 Member Posts: 88
    I'm not a guru, but I am old and stayed at a Holiday Inn a few years ago.Your price of $23150 including all fees, seems appropriate. It's $61 above the invoice price listed at Edmunds and below their TMV. The 06's are just about gone in my area, so I don't know what choice of color you have for the model you want. I personally hate add-on fees of any kind since the destination/handling charge supposedly includes dealer fees. Maybe you can get them to "sweeten the pot" by adding some accessories like mud flaps etc. I don't believe that the 07 model is substantially different from the 06, but others may comment on that. Good luck with your future purchase.
  • dwynnedwynne Member Posts: 4,018
    $27,545 is MSRP, Invoice is $24,858 for an 06 Accord sedan I4 EX-L w/NAV and AT. Edmunds incentives page show $750 in factory to dealer money for left-over 06 Accord sedans ($1,250 for coupes). Dealer hold back is 3% of MSRP or $826.35 .

    So the absolute bottom line dealer cost where they make no money would be:

    $24,858 - $750 - $826.35 = $23,281.65

    Normally you do not get to deal down into the hold back money, but in this case we want to see REALLY where the bottom line is.

    They are offering it to you for $23,150 + TTL so they will make a "whopping" $131.65 total on the deal including hold back.

    Of course, they MAY get to make money on your trade as well.

    Assuming you have done your trade homework (Edmunds appraisal, KBB, NADA, other dealers) and know you are getting a fair price for your trade then I don't see how you can go wrong.

    A lot of dealers tell me NAV equipped cars do not normally get discounted as much so if you hold out for an 07 you are looking at $25,113 for the car with doc fee IF (big if) they would sell you one for invoice. So you are saving right at $2k by taking the left over. I think that is not bad at all. Several years from now the difference in worth of the 06 and an 07 with the same miles is likely to be $2k or less (the longer you keep it the less the difference will be).

    I also assume this car has a fairly recent build date and not a lot of test drive / demo miles and no "lot rash" from hanging around the lot for a bit? If all is well, get it before someone else does....

    Dennis
  • dwynnedwynne Member Posts: 4,018
    Edmunds shows the invoice of the 06 Accord sedan I4 EX-L w/NAV and AT as $24,848 and not the number you mention. Which of course makes the deal a ton better :D

    Dennis
  • dwynnedwynne Member Posts: 4,018
    I have no idea, we don't have one of those here.

    Tell us where you live and are going to buy the car and maybe someone in the area can explain it or verify it. Or you can call other area dealers and see if they too charge this fee.

    Dennis
  • jakekjakek Member Posts: 3
    I have a price of 24,575 on an 07 EXL V6. I also would like to know if anyone knows of any incentives on the 07 Accords?
  • slns02slns02 Member Posts: 7
    Last week, I got a offer of the same model in bay area of $21800. It is sunnyvale honda. But they only have one left, not sure if its gone. Hope this helps.
  • yykkyykk Member Posts: 14
    "I would make sure that the destination price is included in your offered price." Thank you so much for pointing this out. I would like to make sure with the dealer. Thanks again for your kindness.
  • ralph9ralph9 Member Posts: 88
    Dwynne has given you an excellent analysis. It seems like a good deal. I have in the past purchased vehicles at the end of the model year because I planned on holding on to them for at least five years. I believe that the 08 Accord will be a redesigned vehicle and I intend to see if there are good deals to be had on the 07 model at this time next year. Please let us know how the purchase goes. Take care.
  • dzyr4ttdzyr4tt Member Posts: 21
    Out the door around 20,000.. less than 20000...includes 3.00 % state tax... email me at dzyr4tt@yahoo.com ..
  • johntn80johntn80 Member Posts: 4
    I have the option of activating or deactivating the alarm system on the accord.
    In 2005, it cost $800 to activate the alarm system. How much have you guys been able to get it for this year (at the dealership)? Thanks.
  • pbloverpblover Member Posts: 13
    Try going to handa-accessories.com and pricing the alarm on their accessories for the Accord page. They usually have pretty good prices for accessories. They are OEM parts, minus the labor. If you google cheap/inexpensive honda parts, you might find some other sites with similar or slightly lower prices for the alarm. Use this information to negotiate the price down.
  • mendota101mendota101 Member Posts: 17
    I have a quote for an LX at 18,066. Just thought I would pass it along as it may help others to know what's possible. It's in Northern California.
  • octormoctorm Member Posts: 9
    Thanks Dennis and Ralph on your advice.

    I actually had a chance to see the sales consultant's worksheet when dealing with him. As per his sheet, which factored holdback and cashback incentive,the dealer cost was $23,213 + $550.00 (destination - Honda changed to 595.00 for '07 - sticker also says 550.00).

    Not sure how to determine the build date, but the car has only 20 miles on it and did not have the factory plastic wraps removed from the seats/wheels/hood yet.

    Based on your inputs, I bit the bullet and took the car today eve. Tried to charge me $495.00 for a package (mud flaps, wheel locks, cargo tray, pinstripe, not sure if anything else) which they had already fitted on the car, and $299.00 for VIN etch , but declined to pay anythng extra which they easily obliged.

    Sales rep says the windows are already etched, but needs to be activated on the computer, which is what the $299.00 is about.Any idea what the deal about this activation is..

    Octorm
  • tgetztgetz Member Posts: 8
    OK GUYS CAN SONEBODY TELL ME WHAT IS WRONG WITH THIS OFFER. IT IS HIGH, BUT MORE FISHY LOOK AT THE PROFIT PART AND FEES. WHERE THIS NEEDS TO BE TO HAVE THE RIGHT NUMBERS. I HAVE OFFER FOR THE SAME CAR AT $26169 + dmv fees and tax. SO I am planning to use it at a local dealership to get a deal but look at what they initialy offered? How do I beat this ? Please help take a look: This is a original first offer goes like this:
    1.We would sell you a 2007 Honda Accord EX V6 4 door automatic with the navigation system in carb on bronze with the tan leather interior for 5% over invoice plus the equipment you want to add (splash guards, door edge guards, wheel lip mouldings and wheel locks). The out-the-door price including tax, license and all fees would be $31412

    AFTER I ASKED TO ITEMIZE AND GIVE ME A BREAKDOWN ON THE PRICE THEY GAVE ME THIS :

    2.Invoice $27074.84
    Equip. 445.00 (splash guards, door edge guards, wheel lip mouldings and wheel locks)
    Profit 1089.16
    Tax 2603.38
    License 165
    Doc fee 35
    TOTAL $31412
  • johntn80johntn80 Member Posts: 4
    I'm planning to head to the dealership this weekend.
    If the salesperson already offered me a price for specific options, and later the finance guy try to add on stuff that wasn't negotiated before, can I tell him to take them out or I'll walk? (after they've ran my credit report and started the paper process) I assume that I can walk out anytime if I haven't signed the final contract. Am I correct?
  • johntn80johntn80 Member Posts: 4
    Can you name the dealership (and city)? Thanks.

    "I have a quote for an LX at 18,066. Just thought I would pass it along as it may help others to know what's possible. It's in Northern California."
  • ralph9ralph9 Member Posts: 88
    Hi Octorm, It sounds as if you got a great deal. That was a good move to tell them you weren't going to pay for the accessories. When close to a deal and that situation arises, when you tell them to take the accessories off the vehicle, you will usually get them as a "throw-in". Dennis may know more about the cost to activate a VIN etch number, but it sounds like a dealer add-on. Even if it is just an add-on, you made a fine purchase at a very reasonable price. Enjoy your new car for many years. Take care, Ralph
  • ezshift5ezshift5 Member Posts: 858
    ...Not sure how to determine the build date, but the car has only 20 miles on it and did not have the factory plastic wraps removed from the seats/wheels/hood yet.

    ..inner driver's door frame (the so-called "B" pillar) circa
    ..knee level....shows my AV6 6M build date.......

    ..hopefully, this may work for you...

    ..ez..
  • ralph9ralph9 Member Posts: 88
    I'm not an attorney, but a contract requires both parties to sign it. The finance guy will try to sell you an extended warranty. You have the option to tell him that you are not interested, if that's the case. You are not under any obligation to buy what he's selling. If your financing the car through the dealer then he will also complete that part of your deal. There may be some add-ons in the fiancial part of the contract that are also optional and just kind of slid in there. You should already have settled on the cost of the car and accessories, if any. Good luck with your transaction. Take care, Ralph
  • iam2secc4uiam2secc4u Member Posts: 1
    Been lurking here for a while.. finally bought a blue Sedan 4 cl SE AT.

    Total OTD door price -- 19,9xx.

    The transaction was ultra smooth.I was emailing dealers from mid month, and only one dealer stood by his low initial quote while all others tried to upsell.

    Yesterday they had a end of the month sale ( extra 300 dollar off) and so went in today and bought the car. (though the apr was a little bit high ).

    Also bought 7yr/120,000 mile extended warranty with zero deductible and all services until 60,000 mile for $1775.

    Is that a good deal( I know the car is very good) but what abt the extended warranty and service.

    Normally how much would the service cost until 60,000 miles..( total of 12 services atleast i guess)..

    Thanks guys..
  • mendota101mendota101 Member Posts: 17
    Stockton, Ca. Contact the internet department.
  • tex18tex18 Member Posts: 82
    I finally, FINALLY bought my Honda Accord SE at Gunn Honda in San Antonio for $19,592 plus taxes. I picked it up on 10-28,my wife and I are loving the car.

    Leased it 3 years to get rid of upside down on previous car and to give Honda two years to fix the next generation car Accord.
  • robinmdrobinmd Member Posts: 21
    You can buy extended warranties quite a bit cheaper online than from a dealership. One place I know of is called hondaacuraworld, which has a 8yr/120k warranty for a little over $1000.

    http://www.hondacuraworld.com/Merchant2/merchant.mvc?Screen=CTGY&Category_Code=W- ARR

    It's a genuine Honda Care warranty so it's the same that the dealership would sell you and it's good at any Honda dealership.

    Rob
  • robinmdrobinmd Member Posts: 21
    Here's another place that's even cheaper.
    https://www.myhondawarranty.com/index.php

    BTW--There's a forum on Edmunds for discussing the Honda extended warranties.
    tmcgilvray, "Honda Extended Warranties: Pricing and Info" #1241, 26 Oct 2006 5:36 am

    Hope I haven't linked you all too much. Just trying to help. ;)

    Rob
  • tex18tex18 Member Posts: 82
    Thanks for the info.....However I am leasing my vehicle,and will return it.....more like SELL it back in about 3yrs/45k miles,so the original warranty is sufficient.
  • dwynnedwynne Member Posts: 4,018
    Sweet deal! And congrats on standing your ground on the "package" they tried to hit you with. The build date is on the sticker/plate inside the driver's door. With only 20 miles and the protective covering on that is super.

    The etch thing is another rip-off (IMHO) they etch either your VIN number - or more likely in this case - a code number into all the glass. "In theory" it would keep folks from stealing your car to chop it for parts since the glass is marked. Also supposed to help you get your car/stuff back in case it gets stolen and the other VIN numbers removed. The "activation" you pay to tie the code number they etched to you so they can find you. Who cares? That is why you have insurance - besides if they steal your car you don't really want it back anyway, let the insurance replace it. Besides, your car already HAS the code numbers etched - so if there IS any theft deterrent to having the number on the glass you HAVE that part of it - for free! You can get a VIN etch kit online for $15-20 if someone wanted to do this for themselves.

    So just say "no" as you did to the other package deal.

    Dennis
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