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Just FYI. I just bought a 2002 Honda Accord EXL v6 with rear wing spoiler, moon roof reflector and audio wood panel trim for drive out of $23,925. That included all associated fees and TTL.
The price of the vehicle without the 3 added options is $21,195 plus $460 destination charge. I think that I got a pretty good deal...maybe not the best..but I hope this posting provides potential Accord buyers with a place to start.
Thanks again for saving me a grand and good luck!
Great board with good info. thanks for sharing. I am about to buy the 2002 EX V-6 sedan... mainly because of the cost saving over waiting for the 2003's. This will be my 3rd Honda... I have never bought an extended warranty... can someone explain the pro's and con's? Cost, terms, etc. I have kept my previous two Honda's well over 100K miles and 7 years. My 1994 EX had problems mostly associated with the air conditioner and locks. Any info. would be appreciated, especially about what they really cover and don't cover as well as any deduct.
Also got a similar quote through the Costco Autos program, which would definitely be worth a look if you are a Costco member.
I have a side question for anyone with experience: I am going to turn down the dealer's offer of paint sealant on principle, but does anyone have any advice on what I might do with the new car to best protect its finish?
I know there's a maintenance board here at Edmund's, so if there's a particular thread on this subject, I'd appreciate a pointer. Thanks!
My first new car. Dealer in Columbus, Ohio quoted a price of 22,705 plus tax and title. Can anyone adive if this is good or can I do better?
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I am planning on getting an Accord Ex V6 coupe. I think it may look dated pretty quickly with the new models coming out. Well, anyway, if I think I am going to get something NEW in a few years, is it better to lease for three years or is it better to buy it within three years and trade it in when I want something new? I can afford to pay it off in three years. So let me once again ask the question. Is it more economical to lease for three years or to buy within three years and do a trade in for a new model? I don't know how much I would lose on a trade in? I can keep my miles low on a lease. I have never leased before and don't want to get screwed in fee's when turning in a lease with any wear and tear. I don't know if Honda screws you over at the end of a lease in charging you for wear and tear on the car, but I heard that many companies do when you are not leasing from them again.
(Lease) Pay for 3 years, turn car in, have nothing to show for it. Might as well go to Hertz and rent a car.
(Buy) Pay it off, car is now an asset you own that can keep (no payments) or trade in for another (as trade equity) to lower payments.
Unless you have a business and can use leasing for some creative tax writeoff purposes the leasing numbers never add up in the long term. Look at it this way, the reason car makers/dealers/finance companies really push leasing is that it is a great money maker for them. For the autobuyer on the other hand leasing is a losing proposition in the longterm IMHO.......
Does anyone know how much a spoiler add on may be for Ex v6 coupe?
I wonder how much I would get screwed out of with a trade in after three years.
When I saw the 03 accord coupe, I then went out and got the 02 accord coupe ...
Although the options add up, I really think they distinguish the car. There are so many accord coupes on the road, I wanted to dress it up a bit. For anyone with an Accord coupe, adding the Honda fog lights (not aftermarket lights) adds a huge difference. They replace those plastic grills they have on the 2 spots where the fog lights go. Also, the chrome exhaust tips make a big difference, in my opinion. Honda should have made the tips standard.
Here are the prices if you are interested:
Chicago $17,726, Indianapolis $17,976, Cleveland $18,226, Detroit $18,326, Dayton $18,676, Columbus $18,726, St. Louis $18,776
If you buy the car in a neighbouring state, the dealer almost invariably is able to handle all the registration and tax stuff the same way the in-state dealer would have done it because they are familiar with all the procedures specific to your state. If you buy from a way-out-of-state dealer, then the worst case scenario is that you might have to take the paperwork yourself to your local DMV and process the registration yourself. Its really no big deal. In either case, the state whose temp plates you will be issued and any charges associated would be based on the selling dealers's state.
While I think these prices are low, they're going to get cheaper until they start to run out of inventory. Right now many dealerships near me have 60+ Accords each. I'm curious how low they'll go as we get closer to the 2003 launch date and they really need to dump this old inventory.
Anyone see the 0% financing from Toyota, Ford & GM? The market has gotten a lot more competitive in the last week. I'm curious if Honda will match soon.
Personally, I would hold off buying until early August. I think you'll save another $1,000.
My advice is to research, research, research! Do your homework, and know your math.
If you give me the facts or want more help with it, let me know and I could figure it out for you. There is no one right answer on buying vs. leasing. One important thing is the mileage limit on a lease. If you go over the limit, you have to pay fees. Also, there is usually a down payment and/or misc. fees involved with leasing.
Incidentally, before I started e-mailing dealers for quotes, I looked at carsdirect.com and found 23,675 no matter what NC zip I entered. Didn't get the time of day from my dealer here in Wilmington, so it was worth the drive to Raleigh.
Has anyone gotten lower lease prices?
Will the 02 model depreciate quite a bit just because the 03's are completely different? I mean should I consider that when I think of how my resale value you will be in the near future?