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2013 and earlier-Honda Accord Prices Paid and Buying Experience

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Comments

  • homiebartyhomiebarty Member Posts: 7
    You probably mistaken me for someone else. I live in Philly, too far away from Southern California. I am looking for 2002 Accord Manual LX w/Side Airbags. Either coupe or sedan will do the job. My preferred color is blue or silver. My offer has increased from $15300 to $15700 to $16100. I also checked all the counties nearby. No one has accepted my offers, nor have I received any counter offers. Strange?
  • homiebartyhomiebarty Member Posts: 7
    Thanks for your info. I'll check their websites to see if I can find anything useful.
  • raybearraybear Member Posts: 1,795
    That does seem strange. I tracked down your offers and they all look like something I could have found in my region. Maybe the Philly area is holding out. You can call on the 800-line and talk to someone about expanding the search to other dealers, closer to NYC may work. There is the possibility of a shortage of LX Coupes with Side Airbags.

    The reason for rejection on the offer from yesterday was "No Dealer Response". Since it went to 21 dealers I'd say coverage wasn't an issue. Give Bob F. a call, he'll try to set you up with another dealer or have a suggestion on how to bid.
  • buttlebuttle Member Posts: 5
    So it doesn't matter what part of the country you live in, you should bee able to get the same price no matter where? Just curious, my cousin is in Alaska and would like the same deal that you can get in CA
  • raybearraybear Member Posts: 1,795
    I didn't say that at all! Alaska is almost a separate country when it comes to car shopping, I don't get involved there. Homiebarty took a good shot at the Philly area and his attempt failed, the availability of the car may have had as much to do with it as the price. Irish24 did a good job on her own and is obviously satisfied with the results.
  • outhereouthere Member Posts: 16
    should not be considered the benchmark for pricing. They usually have tremendously large inventories...and are extremely motivated to move excess inventory in order to minimize floorplan interest charges. As raybear stated in post # 342..."don't expect to see MANY like it"
    While you can expect to pay below invoice on the Accord... pricing will be predicated on available inventory (model, color, transmission dependent)
  • mj725mj725 Member Posts: 7
    It seems from the board the prices are going down every day. Maybe Detroit isnt having a hard time moving the accords? I am as stumped as you. You would think that the price range would be relativly the same nation wide at this point. Did you get the internet dealers to move from their original bids much? Were their original internet offering laughable?
  • jlutzjlutz Member Posts: 1
    I purchased a SE 4 cyl black coupe w/side airbags 7/15/02 for $18,796 plus tt = $20,063.76. Price included mud guards & wheel locks. This was $773 below invoice. I know I didn't get all the $1,250 dealer cash but we don't have many local dealers. Another dealer wouldn't budge from $19,200 + tt. The salesman also said he could deal better on a sedan but I didn't want a sedan. I live in Western PA. Also, the salesman was easy to deal with, he didn't even have to see a manager to give me a quote.
    I have a week to decide whether to purchase an
    extended warranty. 5 years/75,000 would be $915.
    Considering Honda's reputation for reliability is
    an extended warranty necessary?
  • qinsong99qinsong99 Member Posts: 20
    Go www.hondawarranty.com. Your price for a 7 years/1000,000 miles warranty will be $930 minus $75 (email promotion offer till Jul 30) at $865. Good luck.
  • qinsong99qinsong99 Member Posts: 20
    The correct price should be $855. Sorry about that. Actually, you can buy this warranty from any dealer at a better price.
  • jimmyx2jimmyx2 Member Posts: 26
    Saturday I made arrangements to purchase a SE Honda Accord with a large dealer in Boston - Herb Chambers. Everything seemed to go well, - price good, the rate 4.75% . At first they offered invoice but we settled on a very good price (I think) which included destination. Then I went to the business manager to finalize everytbing. I had refused to sign a blank agreement until the prices were on it. I checked the prices and they were finally the ones the sales and I had ageed on. The salesperson and I had discussed that I would be transferring plates and I have him the name of my insurance agent which he had given to the business manager who mentioned that I was transferring the plates. I offered to go to my car to get the information on the insurance agent but he said no need. I also signed an agreement for Honda Financial to furnish insurance policy. When I reread the paperwork today - I notice that on the agreement to furnish insurance policy and on the purchase contract a different insurance agency is noted on both documents. An insurance agency that is located according to the address next to the dealership. I called the salesperson and he said not to worry it will be taken care of tomorrow. This concerns me! Has anyone run into a similiar problem? Any suggestions I pick the car up tomorrow night. I intend to call my insurance tomorrow morning but I am very concerned. If anyone has suggestions please email me at kay4481@yahoo.com
  • jimmyx2jimmyx2 Member Posts: 26
    Sorry, I guess I wasn't very clear -- thank you for responding! = I signed all the documents to purchase the car and gave the dealer a deposit of $500. This is what I am unclear about - I signed the purchase contract and the Honda Financial insurance document with both referring to an Insurance agent I never heard of.( I thought I had read each document carefully but I guess not!) The address of the insurance agent appears to be next to the dealer. - What are my rights concerning the incorrect insurance information on the dealer forms?
  • adamr2adamr2 Member Posts: 31
    What insurance is honda or this other insurance company providing you?? The only thing that should be done with insurance is that the dealer faxes all information to your existing insurance company to have it added onto your policy. There are options where the dealer will give you insurance for 2-3 days, if say for instance you buy the car on a saturday and your insurance co is not open until a Monday. This is usually a waste as you should just take title when your insurance company is open. They wanted to charge me around $90 for this. Other then that, I don't know what other insurance could be involved.
  • jimmyx2jimmyx2 Member Posts: 26
    Sorry, I guess I wasn't very clear -- thank you for responding! = I signed all the documents to purchase the car and gave the dealer a deposit of $500. This is what I am unclear about - I signed the purchase contract and the Honda Financial insurance document with both referring to an Insurance agent I never heard of.( I thought I had read each document carefully but I guess not!) The address of the insurance agent appears to be next to the dealer. - What are my rights concerning the incorrect insurance information on the dealer forms?
  • caboycaboy Member Posts: 6
    Jimmyx2,
    How much did you pay for your SE out-of-the-door? What is your state tax rate? I paid 19000 out of the door. My California State tax rate is 7.75%. How do you like your SE so far? Does your car have side airbag?
  • bunkbunk Member Posts: 66
    The original quotes I received quite some time ago now, but they were around 24300 or 24500 out the door with spoiler on the EX V6 Coupe. I got one that was for 23338. I sent this offer, via email, to another email dealer and asked him if he could do better. He ended up just telling me that if the 23338 offer I got was true, that it was a good deal and he could not beat it.
    Since prices have dropped so dramatically since this time, according to those on this board, I tried to get the dealer that offered me 23338 to go down further. I sent him some of the posts from this site that showed people getting much better deals. He emailed me back and asked if those prices were with spoiler and things like that. I reassured him that some were and basically asked him what he could do to compete. From then on he has sent emails that did not answer the question and he just kind of danced around it. He would do things like email me saying "we just got a fresh black EX V6 in!" and stuff like that. I then asked him for his quote again. This time he quoted me at over 24000. I sent him his old email with his original offer and explained to him that this was ridiculous. I told him that the car should be coming down in price and he is going up. He did not respond for a while, but when he did he just told me that if I wanted to further discuss it that I should call him. I have not. Anyway, the bottom line is that I do not get why everyone on this board is getting such good deals and here in MI there is nothing. I am also getting worried that it may be very hard to get a EX V6 Coupe in the color I would want at this point. I went to a local lot and it looked barren.
  • towelmantowelman Member Posts: 28
    I think you're trying too hard on a car that is not all that available, at least in the Detroit area. If you can get $1000 under invoice (letting the dealer make 250 of the $1250 cash back), I would be happy with that. I still think it's too early to expect a dealer to take a hit on a popular car. If it was September it might be a different story. . . Another thing - does out the door mean including tax and title? Is it possible that was a source of confusion with your dealer?
  • bunkbunk Member Posts: 66
    The Detroit area has more American made cars driving around than maybe any where in the U.S. I would think that, with the focus being more on buying American than almost any location in the U.S., this would be the place where Honda Accords would be most available? I don't know?
    If you review this board, you will see that people are posting quotes that are as low as 21200! I have seen more than one that was around 21500.
    I don't know about it being to early for the dealers to really deal on this car. I was informed by the dealership that they would be getting the 2003's in stock in August, we are in the end of July?!
    The dealer I was dealing with made it clear that he was quoting me the out the door price from the begining.
    Oh well.
  • in_power2002in_power2002 Member Posts: 21
    Bought my Accord EX-V6 sedan this weekend for $21,700. The best part is that I was out of the dealership in just over an hour. How refreshing.
  • jimmyx2jimmyx2 Member Posts: 26
    The answer seems to be No! I picked up my car tonight and everything went well! The plates have not been transferred yet but the salesman said he would call me when he received paperwork from the registry. I will be glad to see my insurance agent name on the registration. The saleman told me that after his call I can come in and get the inspection sticker at that time. Before I left with my car, the salesman explained every feature of the car, he asked several times if I had questions, and urged me to call if I thought of any questions later. He definitely did a better job of going over the car features than anyone else I have dealt with in the past. If anyone wants to buy a car in Boston, I recommend this salesman! Just post that you want his name and I can supply it. The price I paid for the car was $17,800. Someone asked earlier what the sales tax in MA was - it is 5%. I want to thank everyone who has posted a message about the Accords -you were all most helpful! As I had said earlier, I had wanted to wait until August because I didn't need the car until September but I am very happy I bought the car now! To answer an earlier question from someone - the car does not have side airbags.
  • towelmantowelman Member Posts: 28
    I can see a dealer going into the holdback on a car he has on the lot to get a deal or to just move it. I just don't think there are many coupes out there. If the dealer's invoice after the cash back is $21,975 plus the spoiler cost of $370, I just can't see him being eager to sell it for under that.
    Yes the '03 sedans have August and even July build dates (the coupes have August/September build dates), but I think if Honda delays the release of the '03s there will be no Accords on the lots at all.
  • towelmantowelman Member Posts: 28
    If you really want the car, are you going to pass up getting it because you read that someone else got it for less money? Many, many buyers paid much more. And honestly, for the amount we're talking about, you could probably save that over the life of the car if you just keep your tires rotated.
    Just go buy the car before the special financing ends!
  • cimenezcimenez Member Posts: 2
    One dealer was advertising $20,488 for 6 EX V6 Sedans. Got another dealer to beat that price by $58 and include wheel locks and mud guards for a grand total of $20,430 before Tax & Lic. The car was still wrapped in shipping plastic with 9 miles on it.
  • petrnycpetrnyc Member Posts: 47
    Carlos where was this deal ? I want 1 too. let me know, please.
  • cimenezcimenez Member Posts: 2
    Peter - Weir Canyon Honda in Anaheim, CA. The $20,488 adverstised price was at Buena Park Honda.
  • bunkbunk Member Posts: 66
    I hear what you are saying.
    Do you really think that 4.75% financing is all that good right now????
    EVERYONE HAS 0.0%!
    Do you see all the commercials on TV for 0.0% from just about all car makers?
    I know one person on this board said that they were offered a EX Coupe for 0.0%.
    Does anyone have any idea if Honda will start to offer this more now?
  • cattmancattman Member Posts: 31
    Re the posts about the sedans - last weekend, Nelson Honda in El Monte CA had 6 coupes at this price... most in green, with one silver that looked a little ragged... Buena Park had 5 at this price... check Wednesday's paper!!
  • jimmyx2jimmyx2 Member Posts: 26
    Some of the Honda dealers were advertising 0.9% but only for very limited mos (I think 12) Also the price of the cars advertised were no longer valid - if you were to take the 0.9% percentage, then the dealer added $1500. to the price of the car. Do you want to pay more for the car and less percentage? I think 4.75% is a good reasonable rate especially if the car price offered is good. Does anyone know how long the 0.0% other manufacturers are offering for? 12 mos , 24 mos etc?
  • bobbleheadkingbobbleheadking Member Posts: 1
    I have been shopping for a new 02 EX-V6 Sedan for several days and went to a dealer in Rock Hill, South Carolina-Honda Cars of Rock Hill (A Hendrick Honda dealer). The Internet Manager replied to my pricing request with a net selling price of $21,000 including destination. I thought this was an amazing price and my wife and I rearranged our schedules to visit the dealer. When we arrived, he was very nice to us and we got off on a good foot. He asked to see the email price he sent me of $21,000 and started asking the basic color and options questions. We picked a white one and off we went on a test drive. My wife and I fell in love with vehicle and were ready to go to contract when we returned. Once we returned, the salesman had "the file" and began to be apologetic about a pricing error. After getting us to fall in love with the car, he informs us the price is not $21,000,but rather $22,000! He said something about an incorrect MSRP (which was correct) and again continued to apologize. Even with this mistake, he did not feel as though we should maybe split the difference for the error or anything, $22K was it. Fuming for wasting our time, we left and immediately went to another dealer and purchased a white 02 Accord EX-V6 for $21,500. I could understand if he reviewed the email AFTER the test drive and all the questions, but looking at it BEFORE the test drive and sales job and getting us excited and then then telling us there was problem-come on! Anyways, I still got a good deal and its too bad we had to go through this. Any thougts? If you agree there was problem, beware of Honda Cars of Rock Hill in Rock Hill, SC.
  • qwickqwick Member Posts: 1
    Good deal ?
  • reinncreinnc Member Posts: 1
    From my experience, 20,000 is a bit high for an LX V6. I just bought one 2 weeks ago for 19,500. Another dealer here (central NC) quoted 19,800. I'm sure if I had been willing to haggle longer I could have gotten a little more off, but I decided to go ahead and buy while my choice in color was still available, no doubt price will be better by August when 2003's start arriving, but was worried about selection then since LX V6 model is kind of scarce.
  • mschief73mschief73 Member Posts: 1
    What should be the drive out price here in TX for an Accord VP?
  • towelmantowelman Member Posts: 28
    At the present time 4.75% is just about the best you'll see on a new Honda. Dealers that advertise lower- on a Honda- are buying down the rate; you pay more for the car and less for the financing. The best I've ever seen in the past is 2.9% from AHFC for 36 months. I guess it's a possibility in the future, but the $1250 cash back goes through the end of September, and I wouldn't count on any better financing as long as that is going on.
    You also see the reverse of "buying down the rate" going on. I quoted what I thought was the best price anywhere on an incoming CR-V for a customer and was surprised when the customer said another dealer matched my price on a sooner one. Turns out, they would not do that price if the customer did not finance!
  • bunkbunk Member Posts: 66
    Yesterday I talked to a dealer and he told me the best price I would get on the Accord EX V6 would be now. I told him that I thought that the car would not just come down in price next month, but that they would also try to compete with the 0.0% financing that other companies are advertising. He said that the interest rate for a Honda NEVER goes to 0.0% and that if they were to lower the interest rate they would not give as good of pricing on the car. He said that this month there is both the $1250 and the 4.75% financing and that next month he did not think both would be around. He said he thought it would be either a low interest rate without the $1250 or it would be $1250 off with a higher interest rate. Does this make sense?? I did not word this well, but I think you understand what I am saying. I just don't get how the car would not be a better deal next month in consideration that the 03's will be just around the corner??????
  • joejoejoe1joejoejoe1 Member Posts: 9
    The Edmunds review of the Honda Accord has a major error that should be of interest to those buying an accord.
    ABS is not an option at any price for the SE model, but it is optional on the LX model.

    If you want the safety of ABS, you cannot take advantage of the special pricing of the SE. Therefore the differences between the SE and the EX are the addition of the following items, 6 cd changer (verses 1 cd on the SE), remote steering wheel control for the radio, Anti-lock brakes, side air bags ($250 option on SE, if you can find one), lumbar support. Also, the only bonus with the SE is the addition of decals with woodgrain printing on the dash and around the power window buttons, wow. The difference in invoice is about $1300 for the two vehicles with auto. The price difference should be less with end of year discounting. Since some insurance companies give discounts for ABS, the price difference to me is worth it. Especially since I have avoided accidents with ABS on other cars I have driven.
  • dan_1dan_1 Member Posts: 1
    I live in metro Atlanta and would like to know if this is a good price on a 2002 Accord Sedan EX V6 leather with spoiler, full nose mask, splash guards, woodgrain audio trim and wheel locks and labor to install all above mentioned extras. The price is $23,700 before taxes, tag and title. The car is new, 5 miles on it. I will be financing for 60 months @ 4.75%. If anyone will comment on this it will be appreciated. Thanks
  • raybearraybear Member Posts: 1,795
    I've seen them go for as little as $21,000 without options. That is extremely low and not very likely, but there's plenty of room for negotiation on that deal.
  • cattmancattman Member Posts: 31
    Same thing happened to me a few years ago... I was so angry, I wanted to bill the b_stards for my wasted time...
    I guess posting your story on a popular board is about the only recourse we have against such sales scum...
  • air659air659 Member Posts: 2
    I got quoted a price of 18,000 in NJ for a new silver EX (only 10 miles, 6 i put on test driving), no leather. Is this a good price. It seems like it. Anything I should do to try to get the dealer to drop a 300 processing fee plus tax, title, and licensing.
  • cds12cds12 Member Posts: 139
    Invoice is $19,810 for a 5spd and $20,529 for Auto. Sound like a good deal to me especially if its an auto. I'm looking to purchase the very same car sometime in August. I'm in Southeast PA. Would you mind telling what dealership you got the quote from?

    Thanks
  • adamr2adamr2 Member Posts: 31
    Air659, that EX price must have been with a 5 spd, right? If it was an automatic, please let me know where you saw that deal. If prices continue to fall and I can swing an amazing deal next month, I may consider trading in my wifes 2000 civic for a new accord, even though I myself just bought a new ex v6 coupe.

    Bunk, I would not worry so much about the good deals going away on the accord. When i bought mine, the dealers made me rush by saying that the $1000 dealer cash was ending by July 1. Although I figured they would extend it, I did not want to risk it. As we all know now, they extended it. I think it will be there until the last ones are gone. As for the financing, I think that will stay as well, but I am not as confident on that as the pricing. Overall, prices have to continue to fall, or at least stay where they are. They have a lot of accords left to sell. I think your biggest risk is not finding the model and color of your choice, the closer we get to the '03s coming out.
  • air659air659 Member Posts: 2
    It is an automatic. I have one question though, does anyone know what other places charge for processing fees with tax title and license. I will tell the loc of the dealership after I purchase a car because i fear that a lot of people may see this and rush to the dealership and thus ruin my chances of obtaining the car at such a low price. BTW it was a sedan. IT is a accord ex v4 sedan w/o leather
  • cds12cds12 Member Posts: 139
    The $300 processing fee does seem unessesary or at least high. BUT for $2,500 under invoice it wouldnt be a big concern to me.
  • khagerkhager Member Posts: 15
    Mschief 73 I bought my 02 VP in Arlington, TX
    price 13960 including destination but not TT&L
  • dallasboydallasboy Member Posts: 2
    If you are paying more than $18900 drive out for this car, you're pretty much got ripped.
  • homiebartyhomiebarty Member Posts: 7
    I bought Honda's extended warranty 6 years/75000 miles for $550. I know this price is a little bit higher than what most other people here got, which I can live with. The problem is when I got home, I noticed that there is $50 deductible. That would be a pain in [non-permissible content removed] if I need to pay $50 every time my car gets serviced. Is it just me or does everybody have $50 deducible?

    I bought my 02 LX manual sedan without side airbags for $15800, not including TTL.
  • adamr2adamr2 Member Posts: 31
    That is a good price for the automatic. Maybe see if you can negotiate the processing fee? On my new accord in NJ, I paid 96.20 for registration/tags, $42 charge for the dealer to get the tags for me, $50 clerical time and $50 computer time. So my total "documentary fee" was $142. $300 may not be terrible, there is just more profit baked in there. Make sure you get the out the door price, with all fees and tax. They can throw extra small fees in at the end which you don't want. The out the door price should be the exact price you sign for when you pick up the car.
  • jimmyx2jimmyx2 Member Posts: 26
    The lowest price, I have seen the VP advertised in the Boston area, is $13,995. This was before the dealer incentive of $1250. and meeting the quota incentive of $250.. Does anyone know what price mschief73 should be negotiating for? Mschief73 what area are you looking in? Are you sure you want the VP? Maybe for the same price you may be able to purchase an EX Civic.
  • c182skylanec182skylane Member Posts: 64
    Has anyone successfully leased an EXV6 Sedan lately? I've been quoted $368 per month on a 36 month lease that includes tax and no money down. Illinois makes the consumer pay sales tax on the entire price of the vehicle, so I estimate this to be $1,900 total, or $52.86 per month. I think that the selling price is $21,750.

    What are other people leasing their cars for?
  • towelmantowelman Member Posts: 28
    The $1250 cash back already goes through Sept 30. The 4.75 financing ends July 31. It is indeed unusual for Honda to "double-dip" with both a special rate and cash back. It is model year end, though . . . so they might continue both. I would not count on it. Inventory is not high and a lot of people lease, so maybe they'll just do the cash back and see what happens. We expected the special financing on the Civics to be extended and it didn't happen.
    Without trying to sound arrogant, Honda just does not have to resort to the tactics of the big three to sell cars . . .
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