2013 and earlier-Honda Accord Prices Paid and Buying Experience

1324325327329330628

Comments

  • cadenheadcadenhead Member Posts: 25
    Just my two cents fellas - shop around via internet and obtain written (e-mail) quotes. If they are not willing to do this, they are probably not going to be your lowest quote. That way when you walk through the door you are basically just negotiating financing APR's (if needed). Was able to get $2,900 under invoice by these means in two days worth of time (emailing and some phone conversations). Good luck.
  • pei20361pei20361 Member Posts: 1
    Shawn, could you provide me the information? I am also living in Houston area and looking for 2007 Accord.
    my email: pei20361@yahoo.com
    Thanks,
  • confused13confused13 Member Posts: 17
    Should I expect the negotiated price for a V6 EXL Coupe to be higher than a "buy" price? I've got an offer in Twin Cities to sell at $23,000 with mat, moonroof visor and mudflaps but don't want dealer to "bait and switch" when I ask to lease.
  • cadenheadcadenhead Member Posts: 25
    Pei20361, Sent the details to your yahoo account. Good luck. - Shawn
  • baccus49baccus49 Member Posts: 60
    Just got my car this week in Queens, NY for $2k below invoice.

    Invoice according to Edmunds: $22,696

    Offer: $20,700 (excludes dest. fee, TTL, misc. govt. fees, dealer fee)

    Don't be afraid to put deposits on offers from competing dealerships and using them as leverage to spark a bidding war.
  • dallas_bdallas_b Member Posts: 3
    well, it could be higher. Honda is offering a $800-$1200 dealer discount on a sale (and this would apply to ALL vehicles they would have sold in August) so even if they lose money on the last few they can make it up. On a lease, Honda doesn't offer this (best of my knowledge) but is giving a really sweet finance rate to make up for it - so ultimately it works out the same.

    23K is a sweet price
  • isellhondasisellhondas Member Posts: 20,342
    Why would you suggest such a thing?

    Tie up cars with deposits so you can go merilly on your way shopping.

    If a dealer did that to you, you would probably be all over these forums telling your tale of woe and how you were mistreated.

    What a lousy thing for you to suggest!
  • doug4321doug4321 Member Posts: 27
    From your user name,I am to believe you are a Honda car salesman,correct?The day I worry about hurting the feelings of a car salesman or dealership,is the day I need to stop buying cars.I just bought an 05 Certified Honda EXL V6 Coupe and was treated by the dealership like crap.We have a 785 credit rating!!!.Never again will I deal with salesmen and dealerships who have an attitude problem.
  • scottf49scottf49 Member Posts: 5
    which dealer in Queens? Im currently looking here
  • according2according2 Member Posts: 5
    could you email the dealer you used for this purchase, I am in the bay area and looking for this exact car today..
    Thanks
  • tallman1tallman1 Member Posts: 1,874
    Never again will I deal with salesmen and dealerships who have an attitude problem.

    I'm not sure what this has to do with isell's concern about putting deposits down on several cars. That hurts other buyers who might be interested in a particular vehicle. One can get a great deal without doing things like that.

    If you were treated "like crap" at a dealership, don't shop there. To lump all dealerships with that one seems a bit shortsighted. Also, going in with that confrontational attitude isn't going to help you much. Don't get me wrong, I'm all for hard-nosed negotiating. But not recognizing that the sales staff are human is not the greatest advice to be giving in this forum.

    BTW, I'm not a car salesman nor do I have anything to do with the business.
  • isellhondasisellhondas Member Posts: 20,342
    It sounds like you leave your ethics and sense of doing things right when you walk into a car dealership?

    What does your Beacon score have to do with anything?

    You may have been treated poorly because of your attitude. Did you stop to think that just may have been the case?

    Attitude runs both ways and based by the tone of your post, you don't sound like someone I would want to do business with. If you were treated that badly, why in the world would you still buy a car from that store?

    I don't doubt you may bave been mistreated but there were a whole lot of other stores and people you could have bought a used car from.

    This isn't a matter of "feelings". It's matter of making a commitment, shaking hands and leaving a deposit to take a car off the market somply so a person can go shop that number all over town. I guess you think that's a good thing to do?
  • terrypm1terrypm1 Member Posts: 79
    FOCUS on the topic at hand, no personal attacks.
  • wellesleywellesley Member Posts: 8
    I know people have bad experiences but not all dealers are this way. I bought an accord in july, sent emails to about 5 dealers 4 hours away near a big city in a diff state because i saw on this forum prices paid. Got a reply from several, made two phone calls to one dealer, asked if car could be ready in two days, dealer said even a personal check would be fine (i did finance instead), drove down, car sitting in front, perfect condition, never met them before or never saw the car before. Completed paperwork, drove home, very happy with price and professional, honest transaction.
  • jfritschjfritsch Member Posts: 958
    I have put down earnest money on homes to take them off the market for a while many times, and concerning much more money than on the purchase of a car. I don't think anybody's violating any of the 10 commandments here, it just seems unnecessary for buying a car.

    Much more trouble than its worth for the buyer than any of the dealerships in most cases.

    Good luck
    --jjf

    Never again will I deal with salesmen and dealerships who have an attitude problem.

    I'm not sure what this has to do with isell's concern about putting deposits down on several cars. That hurts other buyers who might be interested in a particular vehicle. One can get a great deal without doing things like that.

    If you were treated "like crap" at a dealership, don't shop there. To lump all dealerships with that one seems a bit shortsighted. Also, going in with that confrontational attitude isn't going to help you much. Don't get me wrong, I'm all for hard-nosed negotiating. But not recognizing that the sales staff are human is not the greatest advice to be giving in this forum.

    BTW, I'm not a car salesman nor do I have anything to do with the business.
  • alamocityalamocity Member Posts: 680
    I have to agree with you on this, practices like that will cause problems for future shoppers. Besides why would you need to put a deposit down if all you are doing is getting the dealer to provide their best offer, seems like a dealership I'd avoid.
  • terrypm1terrypm1 Member Posts: 79
    Today is the day for everyone to get you some. Can not wait til tonight when all the hot deals are posted. Labor day weekend is here, the deals are ripe for the picking.
  • doug4321doug4321 Member Posts: 27
    No where did I say anything about putting down money to hold cars.There are to many cars for sale to do that.FYI,they treated us like crap after we bought and financed the car.With your statement about my car buying attitude,you fit right into what I said about car dealers.You would never get my deal.It is now time to put this to bed.Good luck and happy car sales.
  • isellhondasisellhondas Member Posts: 20,342
    I wasn't responding to you. It was another poster who made the suggestion that people put deposits on cars to hold them and then go shopping in an attempt to beat the deal.

    I happen to think that is unethical and underhanded and you jumped in at that point.

    I think that if an agreement is made between two parties, be it a car, house or anything else that both parties should honor their handshake and their word. Others here disagree with this.

    I wonder what would happen if a car dealer agreed to a deal, accepted a deposit and then sold the car to someone else who was willing to pay more money?

    As far as your "deal"? I wouldn't want it. I do appreciate your best wishes however.

    I still can't understand why you would have gone ahead and bought a car from a store who treated you so poorly. I know I would have walked out.
  • doug4321doug4321 Member Posts: 27
    In my last message I said that the lousy treatment began after we bought the car.Not before.In my car dealings,after the deal is done,the salesman/dealer no longer knows your name or the fact that when a customer is treated badly,he/she will let all their friends know how they were treated.Burning bridges by car dealers is not a smart idea.My mentioning our credit rating,says,we can buy any car any place and don't intend to be treated badly.In the last 3.5 years we have bought 4 cars,so,it would be in the dealers interest to court us not pee us off.I can guarantee that Honda HQ in Torrance,CA will know about the dealer in question and their customer lack of care.We have seen dozens of car deals go down because the buyer had bad credit and knew it when they went to buy a car.Treat customers good,we are not living on Spiffs and commision.Enough said.
    Doug
  • isellhondasisellhondas Member Posts: 20,342
    I guess I missed that before. The mistreatment happened AFTER the sale.

    You seem to paint with a broad brush. If you are in California I can understand that. My experiences were the same when I lived there.

    Not everyone is that way. After 12 years in the business at the same store, probably a third of my business comes from repeat and referral customers. Others here have similar results. This doesn't come from dissatisfied customers.
  • baccus49baccus49 Member Posts: 60
    The first dealer was the one who suggested I shop his price after I put down a deposit. He was confident that he gave me the best price in town. So I took his advice and 2 days later I got an offer that was $600 less and put a deposit at the second dealership. Called the first guy the next morning to ask for my deposit back. He congratulated me and said I'd get my refund in a week or so and asked how much the second dealer was offering. I told him how much and thanked him for his help. I thought that was the end of the process, but an hour later the first dealer called me back and offered to go $1,200 less than his initial offer. So it's not like I went in looking to screw anyone over.
  • starryknightstarryknight Member Posts: 31
    Well, after months of research, I finally made a choice. Originally, my final choices were either an Altima or a Sonata. I wasn't even considering an Accord because of the price. The local Honda dealer was selling the 2007 Accord SE 4 cyl auto for $20,988 and that was a little too much for me. However, I was getting a little discouraged with the selections on the Altima. Couldn't find the color I wanted with the options I wanted for the price I wanted to pay. The Sonata was getting less and less appealing. The seats seemed short were just not that comfortable to me. Then, a week ago, the Honda dealer dropped the price of the SE to $18,988. A few days ago, I saw a thread on this forum from a Honda sales person in Chicago that mentioned he had received a special allotment of Accords and was selling the SE 4 cyl automatic for $17,446.09. I think the posting was deleted for some reason but I was able to print it out and brought it to my local dealer. They weren't about to match that price being almost 1000 miles away but I was able to get them down to $18,700 OTD ($18,421 selling price). Even though it still wasn't exactly what I was looking for, I just couldn't pass that deal up. I realized I wasn't going to find anything that satisfied all my needs.

    Reading some of the posts about ethical practices of the buyers and dealers, I'll give you my 2 cents. When I realized how low I could actually buy this car for, I must have called 8-10 Honda dealers in a 50 mile radius to see if they had any SE's on their lots. Three of them said they did and I asked them for their "best" price. I told them I already had a price from my local dealer and they wanted to know what it was. I wouldn't tell them. They seemed a little dumbfounded that I wouldn't reveal the price so they could undercut it by a few dollars. I don't play that game. A person could go crazy nickel and dimeing a deal to death between a few dealers. I would have been the one in the middle doing all that work....and for what.....an extra $100-$200??? Not worth it to me. By profession, I am a buyer and when I send out a request for quote for a part to several suppliers, I don't reveal to the suppliers who I have received quotes from and how much the quotes are. It's not a good way to develop a customer/supplier relationship. I used the same principle when I bought my car. Needless to say, the other dealers didn't come close and I did tell one dealer just that when he asked if he was close, but nothing more than that. They were a bit frustrated but one salesman told me he appreciated my morals anyway. Although I didn't tell my local dealer what I did, I'm sure they would have appreciated it as well.

    That's my story and I'm stickin' to it :)
  • hondav6hondav6 Member Posts: 8
    I have got a deal for Accord SE I4 Auto Today at gillman.
    20,000 OTD
    Here is the break up I can figure out

    Price 18100
    Tax 1176.5
    Doc +
    advertiding(TX) 100
    DMV 150
    aTinting +
    VIN etching +
    pin striping 450
    ----------------------
    Total ~20,000
    -----------------------

    and I got ext. warranty 7Yrs/100,000 = 800.00 ($100 deductble)

    process was smooth. sales men were professional.
    But I was told that I need to go to Dealer's place, if I want to cancel the extended warranty. is it true?

    Thanks
  • sufi613sufi613 Member Posts: 1
    hi baccus49, do you mind to email me which dealer you got your deal? I'm living in NYC too , thanks.
  • khnc9999khnc9999 Member Posts: 1
    I'm looking for an accord SE in Albuquerque, NM i was wondering if anyone had brought one recently and how much you paid for it.
  • alamocityalamocity Member Posts: 680
    You got a good deal if all was included in the $20,000.00 price. Here lowest I've seen on that model is $19,197.00 before TT&L.
  • hondav6hondav6 Member Posts: 8
    is it true that I need to go to dealr's place to cancel the Extended warranty, I signed up at the time of purchase?
  • jb_turnerjb_turner Member Posts: 702
    "From your user name,I am to believe you are a Honda car salesman,correct?The day I worry about hurting the feelings of a car salesman or dealership,is the day I need to stop buying cars.I just bought an 05 Certified Honda EXL V6 Coupe and was treated by the dealership like crap.We have a 785 credit rating!!!.Never again will I deal with salesmen and dealerships who have an attitude problem."

    Why purchase when they treated you like crap?
  • confused13confused13 Member Posts: 17
    Buy price is $23K which IS a sweet price. When I told salesman I wanted to lease, price went to $24,940 which seems like a big difference. Although I did read somewhere that the dealer cash is more like $2000 on this car.
  • isellhondasisellhondas Member Posts: 20,342
    I asked him/her the same question and it seems the problems happened AFTER the sale was made. Still, until the car leaves the store, the sale can be called off.

    Based on the tone of that post, I'm sure as with most things, there were two different sides to that story!
  • alamocityalamocity Member Posts: 680
    Is it a warranty from Honda or a warranty from a third party offered by the dealership? If it's a third party company then yes you you need to go through the dealer to cancel the warranty.
  • accord_lxaccord_lx Member Posts: 2
    I got an Accord LX 5 speed Auto around Hartford, CT for $19 K OTD..Got it in my favorite Graphite Pearl too !!
  • doug4321doug4321 Member Posts: 27
    I like your blog,we as educated car buyers are no longer at the mercy of car dealers/salesman.Each of the 4 cars we bought in the last 3.5 years were researched on the internet,before buying.It is not in our best interests to show our hole card to any salesman when buying a car.For the person who bought a 7yr/100,000mile Extended Warranty for $1000.00($100 ded.)You got taken.We paid $575.00 for the Same Warranty for our Certified used 05 Accord EXL V6 Coupe,with no (0)Ded.You can cancel that warranty and look around,you can do better.
  • isellhondasisellhondas Member Posts: 20,342
    Your Certified used Honda came with a 7/100 powertrain warranty already. What you bought was a "wrap". The wrap covers the rest of the car.

    Obviously since the powertrain was already covered, the cost of the wrap wouold be much less than total coverage like the other poster paid more for.
  • gofishgofish Member Posts: 24
    Range of quotes in SW OH area (and out of state for reference - email correspondence only for all quotes) to include vehicle, dest, and all dealer add-ons and fees (does not include tax, title, or registration) for this trim that MSRP's for $22,220 were as follows:

    All for last week of August

    $19,440 - Cinci (highest)
    $18,556 - Dayton
    $18,250 - Marysville (quote 1)
    $17,500 - Marysville (lowest - unsolicited quote 48 hours after ignoring the first one - called and verified and almost pulled the trigger - they sold their last SE Saturday)
    $17,650 - Chicago
    $17,600 - Boston

    Now the really strange thing - I didn't buy! I'm in this strange position of not really needing a new vehicle but can't resist a good deal. This time I did, but got great experience using this forum which is by far the most valuable tool that Edmunds offers. I know now that doing your reasearch in forums can really pay off the biggest dividends in dollars.

    Thanks all. Your posts are very helpful.
  • isellhondasisellhondas Member Posts: 20,342
    Man, am I missing something!??

    With all due respect...WHY would anyone spend that much time researching prices to death and not buy a car?

    For the rest of you...be aware that inventories are getting down to nothing. Make sure the stores that are throwing out some of these prices actually have the car in stock!
  • doug4321doug4321 Member Posts: 27
    I stand corrected on the warranty.Nonetheless our 7/100+wrap is still a better warranty.The other owner will have to pay $100 deductible,and probably the
    $100 is for every incident.We pay 0 deductible period.
  • gofishgofish Member Posts: 24
    Spend that much time ...? I guess how much time you spend is relative. I spent perhaps 4-5 hours over the course of a month; read some of these posts over the course of perhaps 2-3 hours, then sent out a form email and let quotes come in. Perhaps 50% provided a quote. only made contact by phone once. Never set one foot in the dealership. I only do that when I know I'm prepared to buy. Anyhow, not that much time to spend as a consumer to educate oneself.

    The last two new cars I've bought (one in 02, another in 05) I purchased before TTL as a ratio of MSRP for 11700/17700 or 66.1% and 17765/29750 or 59.7%. I got these prices becasue I invested some time to know the market conditions and be prepared BEFORE I walked in to buy. These weren't Hondas though and for Honda, 17500/22220 or 78.8% is a heck of a deal. Problem is, finding a great deal isn't reason enough to buy. Everything competes for your dollar and I need to keep priorities straight. I'll keep paying attention occasionally to new cars though and eventually I'll buy. Maybe after Christamas - maybe next year at model year end, who knows.

    Now, for you ... you make a living selling Hondas? Why do you frequent this forum and waste your time? You aren't learning anything here that helps you sell are you?
  • dad2bedad2be Member Posts: 60
    What are the general thoughts on the 4cyl LX/SE 5spd manual transmission models? Are manuals less desirable, giving the buyer more negotiating leverage on in-stock units? There are not many in stock, but is this just because they are slow movers?

    Trying to work a good deal on a 4cyl SE stick shift for my sister that's been in a local dealer's inventory for at least a month. Due to her budget, I'm trying to get it for $3000 under invoice, but the negotiating has stalled at $2500 under invoice (good through 9/4.) I realize that $2500 is still a fantastic deal (same deal I got on my SE 4cyl Automatic last week), but I'm trying to stick within her budget and just wondering if they might be more anxious to move this particular manual transmission car.

    They did say that if we financed through the dealership (or through their "network"), they "might" be able to work with the $3000 under. Her credit union offers a 60 month loan at 6% and she has excellent credit. What type of rates would a dealership give and what's in it for them? I mean, do they get a referral fee or something back from the bank? Please advise - I have always been leary of financing through a dealer unless there was a special APR through the manufacture.
  • terrypm1terrypm1 Member Posts: 79
    Hey,

    You can finance it through the dealer intiality for the good deal. Make sure there is no prepayment penalty and then pay it off and get a loan from the credit union. A quick way to save herself some $$$$.
  • blufz1blufz1 Member Posts: 2,045
    Better no deal than a bad deal. It's your money,man. :)
  • bberkebberke Member Posts: 26
    :confuse: I keep seeing the $2000 dealer cash, I wonder why Edmunds does not show this in the incentives and rebates for the Accord? Anyone?
  • blufz1blufz1 Member Posts: 2,045
    Sorry,but my yahoo browser crashes every time I click on "incentives", so dunno. I always assume there are incentives that are not public. Search this site for prices paid for your model to get the lowest prices paid to date.
  • louisnlouisn Member Posts: 110
    I'm speculating--but I think the dealer may ONLY get the cash if they meet a certain quota by a yet to be determined date-if they don't meet the quota-no 2000. :confuse:
    At least that's what a Honda saleman told me. ;)
  • nhlfan79nhlfan79 Member Posts: 12
    Sorry for the long follow-up on my own earlier post raving about Mike Patton Auto in LaGrange, GA. I take back everything positive I said, and then some. I'll spare the minute details (PM if interested), but bottom line was they promised me a 2007 Accord Sedan EX (4 cyl) in royal blue at $19,418 (freight included). I gave them a deposit, and only a week later on my own investigation and prodding did I discover that they did not in fact have that car. They had taken my deposit on the undisclosed hopes that they would be able to secure the vehicle through a trade with another dealer! That can't be legal, can it?

    What's worse is that they flat out lied to me when I asked them after a week of waiting, "yes or no, do you have the car on the lot?" by answering yes. Only after I immediately demanded a VIN number did they say they would go "get" that info and call me right back. Two hours later with no call, I had to call them back and demand the number a second time, and only then did they fess up that they were still "looking" for the vehicle to fill my order. Their shadiness and lack of communication cost me better deals at other dealerships than I can now currently find.

    Finally, when I told them that I was tired of the run around and was going to go buy the same car elsewhere (before all of that particular color and trim disappeared), they threatened that I'd forfeit my deposit if I did so. When I demanded to know how they could justify keeping a deposit on a car they never actually had, the guy had no answer and acted ticked off at me. Only then did I tell him that I was a lawyer and aware of my rights. He responded by saying "I do this for a living and I know my rights, too." And he hung up on me.

    I called the GM of the dealership and he apologized, but needless to say the buying relationship is irretrievably broken.
  • isellhondasisellhondas Member Posts: 20,342
    Ah...O.K...to each his own, I suppose...

    Actually, I enjoy reading this stuff and sometimes I even contribute.

    Whatever floats your boat!
  • jason4587jason4587 Member Posts: 4
    Hi. I had a question that I don't know if anyone has the answer to. I noted a website that said that the 2008 Accord is going to be out on September 12. If I wanted a 2007 model, is it a better idea to wait until the 08's come out, or on the last day before the 08's come out? I appreciate any response.

    Jason
  • isellhondasisellhondas Member Posts: 20,342
    The longer you wait the more prices on the 2007's will go up and the slimmer the inventories will become.

    Doesn't sound like a "better" idea to me!
  • jason4587jason4587 Member Posts: 4
    Well, lets assume inventories are not an issue, why would the 07 prices go up? I understand the demand/supply concept, but the 08's would increase the supply, wouldn't they?
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.