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Comments
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.
Robert
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.
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.
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.
$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
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
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
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
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.
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
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.
'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
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
Most states aren't this way..
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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.
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
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
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
Dennis
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
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.
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
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
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?
"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."
..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..
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..
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.
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
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
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