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I'm shopping around for preowned cars and came across a mint 2005 Accord with 88,000 miles sold via a dealer. This is my first time buying a car from a dealer and I had a question for everyone about pricing. The car is listed for $10,000 which is about $2k less than the retail bluebook and about equal to the "excellent" private party status on KBB. The car has had one owner, no accidents, and regular servicing at the dealership according to Carfax. It is really in stellar condition and drives beautifully.
I tried to negotiate the price down and the salesman wouldn't budge. He pointed to the KBB and said they were already selling it for below that and on par with the private party value.
I feel like I should do some kind of bargaining at least but maybe this is really a fair price? Unless I'm prepared to walk away, I don't know what other bargaining chips I have. Does anyone have any tips for how to handle this?
Thanks,
Rich
88K miles isn't exactly low mileage, either...
Hondas hold their value pretty well.... That makes them relatively expensive as used cars... On the plus side, there should be plenty to choose from, as they sold hundreds of thousands each year... Have you checked AutoTrader for comparable asking prices in your area?
regards,
kyfdx
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I am hesitant about this purchase - but it seems like a decent deal - and I'm confident the Accord will last a while. I'm also going to have a mechanic check it out to be safe. I saw some other cars in the same price range and year and the condition was nothing compared to this. Arggh.. I hate these big purchases!
Anyone hearing about any new incentives for dealers to get rid of the 2010 models. The 2011 Accord is up on the Honda website now and I read a press release that said they are supposed to be arriving in August.
18450 vehicle
250 document fee
1168.75 tax
33.50 title
19,902.25
is this good price assuming 2011 is already shown up in internet
People are talking about $1200 dealer incentive, what is this?
this dealer is around 3 hrs from where i live, no one in my area matching to this price.
Please share your thoughts. Thanks
with 0.9% financing:
MSRP - $23,605
Selling price - $20,828
tax - $1,827.26
Registration - $420.75
TOTAL - $23,076.01
i've even asked for selling price of $20,000, but no go. is that not a reasonable offer?
Your price seems decent. When I bought my LX-P past weekend, my car price (car + destination) was $20,578. I had emailed over a dozen dealers and that was the best price.
I had emailed all of them to see if they would sell for $20,300, but all of them except for one would not meet the price. The one dealer who did say yes, would not guarantee the color I wanted (plus he sounded a bit shady on his emails), so I did not buy from him. So I went with the second best price which was $20,578.
I don't think your offer of $20,000 will be accepted by anyone. At least not by any dealers here in northern jersey.
is 23650 OTD a good price for 2010 accord EX-L?
base price quoted with destination is 21900. no addons but they are extending the powertrain warranty to 7 year/100k
can someone suggest on where to get the addons like mud guards,cargo tray, wheel locks,tint. the price given by dealership for the above is too much.
please advise.
thanks.
I bought my car at DCH Academy Honda (Old Bridge, NJ). I went with the 0.9% apr, instead of the $1,200 incentive. I got gray/gray color.
They would not throw in any add-ons. I bought one accessory - trunk liner, paid $113 for it.
I would email them and get a price in writing. When I went to sign the papers, they did not try to pull anything, and everything went smooth. It was a Saturday morning and the whole process took 2.5 hours.
One thing: they wanted me to come back to pickup the license plates, but I live an hour away, so I requested they mail it to me. They said they will try... I guess they don't want to pay the $10-20 cost for FedEx. But no way am I driving all the way there to pickup the plates!
Here is the breakdown of the costs (excluding the trunk liner):
$19,828 car price
$750 destination
$1,440.46 sales tax 7%
$7.50 NJ tire tax
$299 DMV
$249 doc fee
---------------------
$22,573.96
The lowest I have seen for EX-L auto was like 22600
I paid 23100 with all the dealer stuff installed back in February, and got a good deal I think.
Meanwhile after 6 months, the rattles and buzzing noises coming from various places inside the car is annoying me dearly.
deal is locked for 21963 + 210 (tint,cargo tray,wheel locks,pin stripes) + 6.25% + 311(registration fee) = 23850 OTD
20825 including destination
299 dealer doc fee
125 registration
Taxes (6.25%)
Total: 22604.44
Got 4 free oil changes thrown in for a good measure
I think did OK. Any comments? 2011s are on the lot already...
Dealer #1, who I had visited earlier, bottom number is 23,620 with financing. Dealer #2 has been jerking me around I feel. Accepted 22,000.00 then said couldn't do it with .9% financing. Then called and offered $22,500.00 with financing but said he would need manager approval - I accepted. I had to call back to confirm deal as he failed to email contract. He then says manager won't accept 22,500 how about 23,750 - I said no thanks as I am now bidding against myself. The dealers are saying they need more if financing but I haven't seen anything to confirm this on the internet.
I am probably just going to forget it and not call him back.
Thoughts?
Thank you for your reply. Appreciate your time.
I live in NC, so i would probably not contact him. However I'll see if i can use that price to make a bargain here.
The best price i can get here is $24,800 OTD. This price is including the 3% NC tax.
I have so far driven 500 miles in this new car and I have no issues. All my doors open with ease (no issue with the drivers side door as has been reported in this forum), the engine is super smooth. The VCM is only felt if I want to accelerate very fast otherwise I can not tell when it engages or disengages. I did not find any issue with the transmission abruptly shifting at the 22 to 25 mile range (again another issue reported in this forum earlier). Also there is no creaking noise that I can notice coming from within or outside of the car. There is of course the well known road noise that you get from any Honda Accord. But I am a past Accord owner and it does not bother me. In fact, that road noise feels good to me as I know on what kind of surface I am driving. Before buying this car I test drove a 2008 BMW 528i (certified car) but the overall feel of the Accord was better (and of course it is a new car). The engine power seemed similar to the BMW. At least I did not see any difference.
My only regret is that the car does not have memory in the drivers seat, I did not get the rear camera and there is no iPod connectivity. All of these are available as standard accessories in the 2011 Accord in the same trim level. So perhaps I should have waited and examined the 2011 Accord before I made my purchase.
@Impala: What Dealship did you go to? I am looking for the same model.
Trade is a 2006 Saturn IOn for 4k.
The dealer's first price AFTER trade was 26,000.
Offered 22,500 out the door with the trade. Total 26,500.Sticker just over 30,500 with dealer stuff. Sales tax in VA is 3%. Expected to negotiate but not willing to move much.
They came back with yes as long as I take dealer stock (white-demo with under 600 miles or grey).
Monday we will see.
But not at first. I went to tamaron Honda (Birmingham,al) and they wanted 27,360.00 out the door for a 2010 V6 EX and that was including a 2002 Honda LX with 145000 miles. Guess I had retail written on forehead. It was out of my budget so I had to go to a 2010 ex 4 cyl there final was 22,000 So I thought that was a good deal(was wrong). I wanted to drive it home before it signed on dotted line. I took it to a friend and he told me to find another Honda dealer and see if they could beat price.
I called Townsend Honda (Tuscaloosa,Al). Now hold onto your seats.. They had the same 2010 ex 4 cyl for 18600 out the door with trade. The 2010 EX V6 was 22860.00 out the door. I drove car back to dealer and told them I found a better deal and the were pissed. They asked who and what price. They even called them and verified (Cloke and dagger style) They still said the were lying to me and said it was impossible for them to sell these for that. I took my old Honda and traveled 70 miles and got the v6 I wanted... The other dealership called and said they would do whatever it took to get my business but when I told them I already signed on dotted line they hung up.
I will never buy from tamaron Honda.. They were very unprofessional. So if you want a GREAT DEAL CALL TOWNSEND HONDA TUSCALOOSA ,,AL I Bet they beat any other dealers price.. Happy shopping.
One final note. Tamaron said ( we sell hundreds of cars a month and they have only sold 30 this month.) well now they sold 31 and they got my 22860.00.
I bet those other car buyers that went to tamaron will go to Townsend next time or after they read this. And remember by law you have 3 days to return a car no matter what you sign.
There is no country wide law in the US that requires a car dealer to take a car back. the laws vary by state. Alabama does not have a 3 day return policy for cars.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
any comments?
The Sandman :sick: :shades:
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
With 0.9% APR $ 18486 (after $ 600 bonus cash) + tax 573 + 399 + 69 = $ 20127. The $ 600 bonus cash only available till 09/07. I live in greensboro NC and the local dealer couldn't even come anywhere close to this price. I am going there on coming monday to finish the deal most likely. Any body got better deal than this!
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Please post, the MSRP of the car, the dealer add ons of the car, the negotiated price before all fees (how much off MSRP) and the fees that dealer charged.
That will be a lot more helpful to all other members that are reading the board.
The Sandman :sick: :shades:
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
Accord EX-L V-6 (no nav)
List 29,855
Dealer Stuff glass etching, nitro, mud flaps pinstrip wheel locks 765
Window Sticker 30,620
Actual Sale
Vehicle 25129.15
State Tax 768.84
Transfer Title 60.75
Business Tax (hate this one) 42.26
Processing Fee 499
less trade in 4000.
Cash 22,500
Out the door at 26,500.00 just like they promised.
Itemizing really helps and makes lots of sense.
It should not be that hard, thus it is so much more useful.
Instead of I bought X for 30,000 OTD it will go like this;
I bought X
MSRP: 28000
Add ons: 1500 (tint, caps etc)
Negotiated price: 23000
Dealer fee: 200
Tax: 2000 (6%)
Total OTD: 25200
Which one is more useful to those who read this board?
That was one STUPID dealer to let you drive a car home without doing the paperwork. OF COURSE, the "buyer" is going to tool around in the new car that they aren't obligated to buy and shop the number everywhere.
They should be pissed. At themselves!
New 2010 Honda Accord Sedan LX Auto
MSRP = $21,855 + $750 destination = $22,605
Negotiated price: $18,387 + 6.25% Mass. sales tax ($1149.19)
Add-ons (untaxed): $298 doc fee, $100 Mass. title / registration transfer
OTD $19934.19
Accord EX- 4
List 24,630
Window Sticker 25,380
Actual Sale
Dealer Stuff g pinstrip wheel locks 572
Vehicle 20,614
Processing Fee 648.50
State Tax 1,437.62
Transfer Title 228.50
OTD 22,928.67
Cash 22,500
The Sandman :sick: :shades:
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)