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Thanks in advance for your reply.
2004 Accord EX-V6 Silver, Blk Leather, No Nav
$22,895.00 - Car including destination
$ 695.00 - Va Tax
$ 27.84 - Locality Tax
$ 39.50 - title / license
$ 299.00 - processing fee
$23,956.79 - Total "Out the door" price
Probably could have haggled with the processing fee but I'm happy with this deal.
This was by far the best car buying experience I have ever had in my life. The sales rep, customer care person and finance person were all outstanding. I felt absolutely no pressure whatsoever. I took the car for a drive by myself. I returned to the dealer signed the paper work and was out of there in 2 hrs.
They asked if I would be interested in protection packages, extended warranties and pre-paid service plans but I declined and they never mentioned them again. I purchased my car from Hendrick Honda in Woodbridge, Va (DC Metro area suburb).
Thanks to everyone on this site for sharing your experiences and knowledge about this car and the car buying process.
Dan
I'll probably end up buying from Schomp.
What made you decide to buy from Burt-Kuni?
I have no personal experience with the site posted below. Soneone else here on Edmunds once posted it as a location to purchase a discounted Honda Extended Warranty. There are probably others to be found by doing a Google search.
http://www.curryhondacare.com/index.cfm
jhopp> Accords, or is it based on the Invoice price?
Holdback on Accord is 3% of Base MSRP. See the following article on Edmunds for full explanation:
http://www.edmunds.com/advice/incentives/holdback/index.html
And, Oh yeah, you have to remember to apply for the refund! Do you remember financial decisions you made 7 years ago?
Musicboy helped tremendously with affirmation of numbers and encouragement. The internet experience made the purchase less threatening. The dealership stuck to their word and I am one happy owner. I feel safe and will enjoy this car for many years. May I add, that this is coming from a Windstar owner. $22,700 OTD state of Va.
I sent dealer quote to 10-15 dealers & lowest bid receive from Lodi Honda for $19,900 & took that email to Elk Grove Honda & let them beat the price.
Hope this help
Thanks to every1 on this site for sharing your experiences & knowledge and the car buying process.
Included at my request:fog lights,auto.dimming rear view
mirror with compass,1/2 nose mask, splash guards,door edge
guards,pinstripe.Dealers have a 500% mark up on options,
mostly in labor. If I bought fog lights later dealer wants
$610. Other post had it right, pay half for option have
dealer install for free. This way the dealer's still making
100% on the option. Get $500 worth ,they still make 250
profit on sale of car. Get $'s or options off price. I
still paid $400 to much,in retrospect. Good luck.
Thanks for the help!
I was told to use a wax with Teflon when I wax the car. Apparently waxes with Teflon are more expensive but will help reduce acid rain deposits on your car.
I highly recommend Hendrick. They gave the best quote up front and never pressured me into anything. Good luck!
Dan
Base: 24,810
Dest: 490
Doc: 53
Taxes: 1,980 (Chicago taxes are so ridiculously high)
Tags: 80
Total: 27,414
What do you guys think? Looking to pick one up pretty soon? Any chance we can expect some new deals starting next week?
Basically, the dealer wasn't willing to reduce the price because of the mileage. I wasn't willing to buy the car unless they sold it for well under invoice, being that new Accords are being bought in the San Antonio area for invoice and sometimes below.
In your opinion, how much of a discount should be given because of the mileage? I'm thinking it should be significant, as I know there are people who don't like to buy cars with even 40 miles or more on them.
MSRP - $26,400
Invoice - $24,244
Price after options - $23,642 (includes protection package and environmental package that were already installed)
OTD - $25,356.02
Didnt really want add ons but had no choice. ALthough the inventory listed numerous cars on the lot this was the only one we could find when we actually drove the lot. Did I get a good deal? Feedback is appreciated. Thanks.
This site has been very helpful. Thanks again to everyone here.
2004 Honda Accord EXL
4Cyl, 5spAT
MSRP = $24790
My Price = $21300 + $98 doc fee
I also wanted a 5yr/100k Honda Care warranty so we got it down to $785.00
It's a smoking deal.
Have fun!
Andrew
My final advice is to set your target price, don't fall in love with the car, and be prepared to walk. Thanks for everybody's postings, they really helped.
I guess I was just looking for some reassurance.
I still wanted to post the dealer and the salesman's name for anyone that is looking for a Honda.
This information is also covered in our new feature, Rules of the Road, which is linked at the top of the page.
If anyone has any questions, please feel free to email me.
I have a plan to buy Accord EX(4Cylinders)-Leather without Nav.
MSRP is $24790.00 and
Invoice is $22357.00.
What is the reasonable price range (before tax) for EX-Leather? It sounds like stupid question but this is my first time buying a new car.
It will be very helpful for me if you guys give me some advice on the deal and price.
Thank you so much and have a great day!
Nothing hidden. Long drive but good experience. Dealer was $1357 below invoice. Salesman was pleasant and not pushy. Focused on finding us what we wanted.
Finance guy was good too, just laid out what we was supposed to and went on when we said no thanks. Patient while we read the fine print, looking for the gotcha. Couldn't find it. This place cleaned and prepped the car while we did the paperwork. Salesman was very focused on making sure that we knew all of the systems and maintenance stuff after we bought the car. These guys work soley on sales comm. Will go back agin if I need another Honda.
is less than $50.Don't buy one,refuse to pay for one
already installed, if salespeople insist then don't buy
the car".- Over the years I've seen this sell on cars for
$149-$900.There is only one other higher profit scam,the
"Fair Market Value",M.S.R.P. IS MARKED UP $500-$3000.
I picked up my EX V-6 from Hendrick Honda in Woodbridge, VA on friday. I concur with danwashdc, it was a great buying experience, no hassles, quick and easy.
2004 Accord EX V-6 w/o Nav, Graphite Pearl
$23956 sale price plus I had them add the rear wing spoiler for $588 (originally quoted as $690, I don't know if I could have gotten a better deal but I'm happy with it. Includes installation)
Just over $24500 OTD. I'm very satisfied with the price and the buying experience.
jruff, by the way, I looked at the EX V-6 with Nav and it was a little under 27k OTD ($26800 or so, I think). But that's in No. Va. so the difference in price may be due to that. Good luck to all you buyers out there and thanks to everyone for the help!
a new car can have up to 7500 miles and still be sold as
new by the dealer as long as it has never been titled.
Have you had a dealer do a search of inventory in your
region, or adjacent regions? I'd keep looking.
I'll spare you the details of how I decided on the accord; suffice it to say that I tried about 10 different makes/models over the past month over a wide price range, and I thought the accord was not just the best value, but also provided all the luxury+techie goodies that I wanted.
I decided to use the email/fax attack method to buy the car in the CA bay area. I combined knowledge from fool.com's car buying guide (http://www.fool.com/car/car.htm?source=PFinAg), as well as posts on this board, most notably musicboy's posts (see post #4404 for an index of his excellent posts).
I won't post the entire email I sent out here, but I think the major ideas to keep in mind when doing this:
1) Decide exactly what you want before you start this. Know the model, trim, options, etc. Have a couple of color preferences in mind. Specify everything as clearly as possible. (In my case, I had already decided on the accessories I wanted - auto dim mirror, deck lid spoiler - and asked them to include these as well)
2) Ask for out the door (OTD) bids. This is the only number that makes sense to compare. Make sure they itemize all costs.
3) Specify a time constraint on the dealers, to show them that you are serious. I think serious buyers get more serious quotes. Timing this for the last week of the month is a good idea, although probably not entirely necessary to get a good deal.
4) As musicboy has suggested, you don't need to specify a price. As it turned out, the deal I ended up getting was well below even a more aggressive price that I had in mind. No need to limit possibilities beforehand. The idea with the email/fax attack is to commoditize new car buying: let market competitive do the work for you, so to speak.
I emailed about 15 dealers in the bay area (in some cases I used the dealers' online submission forms). Within a day, I had about 3-4 quotes, one of which was very aggressive. Somewhat dismayed by the low yield, though, I faxed about 6 other dealers the next day, indicating on the fax that this was my second attempt to contact them. I also indicated the current low bid that I had received. Within a couple of hours, I had received an excellent OTD quote (from Dublin Honda - btw I got a very positive impression from them) that was about $500 below my previous best. This quote was well below my goal price (my goal price was essentially invoice - holdback + accessory costs matched with internet resellers costs).
I gave a few other dealers that had given me quotes a chance to match the price. Some of them gawked; a couple offered to match/beat the price if I came into the dealership with a copy of the bid. I had heard negative feeback from people who had bought from one of them (Autowest Honda Fremont if you are interested), so I decided to give the other dealer (Capitol Honda in San Jose) a chance to beat the price since they were located much closer to me.
My experience with Capitol Honda was overall very good. They did, as they promised, match and beat the bid by $100, pretty much no questions asked. If you are interested, I can provide you with the name of the internet salesperson I dealt with; very straightforward in their dealings. The real fun came with the finance manager; but first, let me detail the deal I got:
Car price: $24,733 (V6 w/nav, includes parts/install for auto dim rearview and decklid spoiler)
Alarm: $485
Extended warranty: $900 (7 year, 75k)
Tags, taxes, etc: $2308.20 (8.25% tax)
OTD Price: $28,471.20
I am ecstatic about the price I got on this car. The dealer estimated accessory parts/install at ~$700 - probably an inflated estimate, but assuming it is reasonable, I got the V6 w/nav for about $2000 under invoice.
The finance manager, unfortunately, was not as honest as my salesperson (misleading and manipulating the buyer is part of their job, I guess, so probably not specific to this dealer). He first claimed that they only offered 4.9% on the v6 accords; when I showed him a pre-approval for a 2.99% loan from a credit union, he "called his director" and was somehow able to get me a 2.9% loan for 60 months. He then pushed the extended warranty for $1595, which I thought was exorbitant. I was eventually able to get him down to $900, by telling him I had heard of people getting the warranty at that price. Along the way, there were several stops, and, of course, in each case "he was only making $50" or "he had a special coupon (that he can only use once a month!)" or something to that effect. Probably still not a great deal on the warranty, but a decent compromise.
Where I probably lost out was on buying the alarm system. The basic problem here: despite the extensive research I did on this car, I did NOT DO ENOUGH RESEARCH on the alarm beforehand. I did not know what alarm came stock on the v6, so I could not evaluate what I was buying. And he took advantage of that. Of course I want some kind of security protection for my car. However, I now understand that the alarm I bought is essentially just a shock sensor (for window breakage, door handle jiggling, etc) that will make noise. The stock alarm will detect if a key with an invalid id chip is used, and immobilize the engine (basically cut off fuel supply to the engine, I believe). The salesperson mislead me to believe that engine immobilization was added in the system I was buying. That's my understanding of the differnces; if anyone has more detailed info, please provide it. I probably overpaid by a couple of hundred dollars on the system I bought.
Overall, I'm very happy with what I got, and I'm very happy with my car. INFORM YOURSELF before buying a car - forums like edmunds are invaluable for this. Also, I think this is a good time to buy, pricing on accords is very aggressive right now (at least in the bay area).
Anyway, hope this has been helpful. Can't wait spending the next few weeks getting to know my car!
just got accord EX V6/with Nav/leather, metallic black with ivory int.
selling price: 25,500
trade in: 4500
tax: 1260
title/registration/clericalfee/NJ fee/etc: 202
TOTAL OUT THE DOOR: 22,462
probably could have gotten better if I hadn't opened my big mouth and mentioned a trade in at the beginning! oops!
I wanted Blue and he did not have the car in stock so he went to Columbus, OH to get it. The details are listed below, which I think was a good deal especially since I did not have to travel to get the car.
Car = $24,633.80
Splashguards = $0
All Season Mats = $0
Trunk Tray = $0
Wing Spoiler = $323.75 Installed
Fog Lights = $393.75 Installed
Sub Total = $25,351.30
*After Taxes*
Doc Fee = $89.00
IN Tire Fee = $1.25
Thanks for all the advice and sharing of information. I also bought an 04 Odyssey EX-L from them with fog lights, trunk tray, wheel locks, splashguards for $26,560.09. Excellent overall car buying experience.
Local houston dealer gave us a price of 23,995$ for a EX V6 coupe. Not a very good deal really after reading some of the posts on this board. In fact, one person on the accord coupe board paid $22,696 for one. I told the salesman to call me when they could locate a 6-speed model in my color. He calls me at 9AM today (monday) and told me he has located the car. I asked him are you SURE and he affirmed. They ran my credit and I was told "the manager says 3.9% no problem". Even though I told them to submit it to honda finance so I am 100% sure. Anyway, after I tell him we have a deal he calls back 10 mins later and the 6-speed car the color I want cannot be found! Somehow both of them were sold! They wont go out of state to get one because it "costs too much."
he then tries to switch me to a silver one they have in stock. No deal. Still never submitted my info to honda finance after they pulled credit bureau.
I should have known better. it was a unrealistic lowball offer that only was conditional upon jacking the rate up to cover their profit, I suspect. Any way to contact Honda Finance to see what exactly will qualify for 3.9%??
BTW another dealer located two of the cars I want in Dallas.
I dont think I am buying a car at all after this experience. I am disgusted with this game. Two dealers have done this exact same thing to me in a week
If there are any buyers in the South Jersey area, the two dealers I dealt with and could recommend were Willis Honda and Burns Honda.
I will soon be sending out bids for a 04 Accord Coupe LX V6 to about 35 dealers in my region. I was initially going to send out the bids through e-mail to each dealer, however I've discovered that many dealer websites do not provide e-mail addresses, only online forms.
I'm not sure I want to use these forms because I don't know if this information is shared by several of the dealers or not. I'd like the dealerships to know they are bidding for my business, but I'm not sure I want them to know exactly who I've sent bids to at this stage.
Should I just go with a fax approach instead? I'd appreciate hearing from anyone who has submitted bids like this recently.
Thanks in advance!
My guess is that the online inventories are not up to date or the navigation system is really an add-on to the EX V6. Does anyone know if this is true, that the navigation system is an add on or if the Accord Sedan EX V6 w/NAV is a completely separate SKU, so to speak, that has the navigation system installed at the factory.
While I like gray and silver, I love red but it seems to be the color that is hard to come across.
Thanks for any insight!
I'm assuming the dealers have been honest in regards to availability, as a couple have told me that they did not have my requested vehicle in stock, but could order it I wanted them to.
We went through the same thing your going through back in December 2003. It was first very difficult for dealerships to come down to the invoice pricing, especially since we live in NYC. It's amazing how much these vehicles are in demand. We actually placed a deposit for an Accord with Hillside Honda in Queens, NY. They could not get the vehicle as promised with the low mileage, they were actually going to drive the vehicle down from another dealership from upstate NY and that would make it have over 100 miles on it. This was not acceptable, (especially since the color was graphite, not our first color choice). Luckily, the salesmen conducted a search of the entire NYS and there were only two dealerships that had what we wanted, one was in Kingston, NY and the other was in Brewster, NY. Kingston's vehicle already had over 100 miles on it. We ended up going with Brewster Honda, in which we were treated like royal and they were very honest. Here is what we got:
2004 Accord EX V6 w/Nav Redondo Red, this color combination with Navigation for some reason is extremely difficult to find. So far I have not seen one on the road that has the Nav V6,etc like ours. Mostly they are either LX V6 or 4 cylinders or EX V6 w/o Nav. The vehicle is beautiful in and out. Here was our deal which included destination, we paid for mudguards and wheel looks which brought the price up $250.00 from invoice. Total before TTL $25,750.00.
Good Luck in your venture, if you are willing to go to Brewster NY, I will be happy to provide you with a contact, he was great.
only about 25% savings. Doesnt seem worth it, does it?
For example, you are likely to have more maintenance issues with a car driven during years 4 through 8 than during 0 through 4.
And, aside from cost, you also won't have up to date safety features. That being said, good used is always cheaper than new. Just isn't as much fun
I couldn't believe the guy before me paid that much.