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Comments
MSRP 26,990
invoice, 24,333
dealer holdback 795
factory to dealer cash 600$ (found this out from a dealer)
actual dealer cost is 22,938
If youre paying invoice there is a 1395 profit.
2004 Honda Accord 2dr Coupe 3.0 EX w/Auto/Leather/XM
CarsDirect price (ZIP 47909):
was $24133
now $23933
Under the incentives/rebates listing, it says this has special pricing that expires on 05/31/04. Any idea what this is?
If the rebates are out there, why doesn't Honda advertise them like everyone else does? I can't watch tv or listen to the radio for fifteen minutes without hearing about gm's truck-a-thon or something of the like.
What gives?
2004 Honda Accord EXV6 Sedan
ONLY $24,390 WITH AVAILABLE 1.9% FINANCING
MSRP $26,890 less $2,500 dealer discount, equals selling price. STK # 4A032641.4A052152, 4A047775 in stock at this price. All prices plus TT&L WAC. MODEL #CM6654JMW. Picture may not represent actual vehicle.
Have you tried getting quotes from other dealers? Remember I got the price through their matching policy.
I purchased a new Accord EX-V6 on 4 May 2004 for $23725 + tax, license and documentary fees. This figure is approximately $500 UNDER invoice and included a dealer's "pack" of 3 different HONDA branded accessories for the Accord, which were wheel locks, trunk liner and mud flaps for all 4 wheels. I thought the price was so good that I didn't complain about the pack. The dealer agreed to lower the "asking price" of the pack from $599 to $385, which he said was his "cost". I knew at that time that the actual cost of mud flaps, trunk liner and wheel locks is closer to $200, but I thought the deal was so good that I didn't want to jeopardize it.
I used edmunds.com to get an online quote from various Honda dealers in the Southern Cal area. I was surprised that most of the dealers I queried responded with a hard number and that the number was below invoice.
If anyone is curious, I got e-mail quotes, below invoice, from Nelson Honda and Diamond Bar Honda. These dealers are in Los Angeles County in Southern California.
I am beginning to think that I didn't just luck into a situation, but that this is becoming commonplace. Has anyone gotten deals on the Accord to $500 below invoice in May 2004?
This price was also available in April 2004.
Regards,
Team Honda in Lithia Springs and Ed Voyles Honda are close behind.
We will never go back to Lanier Honda, although a few people on here have bought from there and have been satisfied. We went there before we bought our 03 coupe and they wanted a crazy amount of money for a car we purchased for invoice at Team Honda.
jruff> Honda advertise them like everyone else
jruff> does?
I don't have a definitive answer for you just a guess. By offering "stealth" discounts through "Marketing Support" (same thing as Manufacturer to Dealer Cash), Honda may be seeking to keep their resale value high.
Typically, direct Consumer rebates lower the resale value of vehicles.
Also, in some parts of the country where sales are already steady or competition among Honda dealers is weak then the dealer will just keep this additional cash as profit. There is no mandate to pass it along to consumers as there would be as a customer rebate.
jruff> But none of those rates show up on
jruff> Honda's website. Nor do the dealer rebats
jruff> that everyone has been talking about.
Usually, these "Marketing Support" deals show up here on Edmunds in their Incentive and Rebate section.
Between March 15 and 30 it showed that Honda was offering a $400 "Marketing Support" to dealers. Since then I have checked periodically for a similar offering in April and May. I never saw any listed. However I suspect that there was "something" out there because quite a few folks reported on this board getting deals below true dealer cost (Invoice minus Holdback) in April.
Perhaps, Edmunds just didn't know of these offers and therefor never posted them. I don't know the answer. I too have seen various postings on these boards saying there is a $200 to $600 "Marketing Support" available at this time.
One person said the dealer told them that there was Mfg to Dlr cash available. Getting it from the horses mouth is probably pretty reliable. This of course is to be distinquished from any kind of "dealer discount" off MSRP which is probably just a come-on.
Perhaps someone who has had recent contact or is in current negotiations with a Honda dealer can ask them straght out if there are curently any Mfg to Dlr incentives and in what amount and how long they last and then post the result here.
figelwump> dealers are reluctant to deal early
figelwump> in the month.
I just read in the Washington Post the other day that Honda's sales were off by 2.4% in April.
"...Among Japanese automakers, Toyota rose 10 percent, Nissan Motor increased 14 percent and Honda Motor dropped 2.4 percent."
Honda EX V6 auto with leather and nav - 23,145
Honda EX V6 auto with leather NO nav - 21,348
Are these realistic prices because I am getting internet quotes from dealers 1800-2000 over these. I live in the San Fran bay area.
I believe the base price was 24,599...
Took delivery of the car with 11 miles on it...
How did I do? Did I get ripped off? I think I got a good deal because I paid under invoice.
Please advise.
Why would you ask if you got ripped off? Some people pay a little more and some pay a little less. You think you got a good deal.
Enjoy your new car and be happy!
That's MY advice. *grin*
Second, anyone know when the ')5's come out, or when you can order? And would you wait for an 05 now that it getting later in the year (albeit only May).
Thanks to all who contribute here.
It stands to reason that the car should be heavily discounted from what I paid because nobody is standing in line to purchase any mid-sized sedans these days, and a shiny new 2004 Accord will be one model year old in about 3 months. So, an '04 should now be VERY close to a clearance sale price which should be well below invoice.
If you plan to buy an Accord LX or an EX that doesn't have the side, curtain airbags, be aware that ALL 2005 Accords will have them as standard equipment. That might be a good reason to wait until the '05s are introduced if you can wait 3 to 4 months. When the '05s appear, they will be favorably priced because the Accord will be a carryover model in the 3rd year of its 5 year cycle.
Nobody will give a hoot about the '05s as they didn't at the start of the 2nd year either, so you'll still get a good deal on a car that will be new for a FULL year.
Whatever you save by buying this late in the year will cost you when you sell or trade the car which will be one model year older very soon. So waiting for a year-end deal might be false economy unless you plan to run the car until its wheels fall off.......Richard
Sales Price: $19,940 ($799 under invoice)
NC Tax 598
Title/License 55
Doc Fee 299
Total OTD $20,892
This pricing was good for what they had on their lot. Hopefully this will help some North Carolina shoppers. Also, these cars are poorly rated by the National Highway Safety Institute when they don't have the side curtain air bags but have a good crash test rating with the side bags.
26,597.45 OTD price for a
Honda accord EX V-6 with Leather and Navigaton, do es anyone know if it's likely I can make this price go down to 26000?? or 25000??
Thanks,
Jack
kbb /edmunds
MSRP :::::::::::::::::$28,890
Invoice:::::::::::::::$26,041(incl.destination for zipcode 94555)
PRICE PAID::::::::::::$25,163
I know this is probably a basic question for most folks, but this is our first car so I'm not sure-- when/if I buy the car using Honda's financing, do I receive the title to the car? Or do I only receive it after I've paid off the financing? I've talked with some friends and received conflicting answers, so I wanted to pose it to you all -- the experts -- for a definitive answer.
Thanks in advance for your input, I appreciate it!
I have a newbie question about buying a car from another state. I currently reside in Maryland due to work, but my permanent residence and my driver's license is from NYC and I would to get my car registered there.
If I buy a car in MD, do I have to pay sales tax to both MD AND NY? How does that all work? Do I end up having to basically pay double to everything?
the dealer arranged for my Maryland tags.
Silver EX V-6 w/Nav
24,700 (including dest), final out the door of 26,767. No trade.
Thanks again to everyone for all of your help.
My only regret was letting my dad talk me into tacking on the warranty @ 899. But it was my choice to bring him along (I'm a recent college grad, and thought I might need a cosigner).
I have some questions:
1. Which dealer did you buy the car from?
2. Does the OTD price 26,767 include the warranty?
Thanks for sharing your experience!
Many states and/or localities (mine does) have a law that if your vehicle is "garaged" in their jurisdiction for more than 30 days then you must title and register your car at that residence. I would check with the local MVA in MD or by searching their web site at http://www.mva.state.md.us/ for the correct answer.
I live in VA and purchased my vehicle in MD in January. I only paid the VA tax which is 3% instead of MD's 5%. I was required to obtain a MD Temp tag (good for 60 days) from the dealer for $15 in order to drive off the lot.
My guess is that you will only have to pay one time. I would guess that MD's rate is lower than NY and would be to your advantage to tag & title it there anyway.
However I think the general threshold to be in the location that you originally titled and registered the new vehicle is 6 months (although it probably varys according to jurisdiction.) Usually after that time period you can move to another state and reregister the car without paying "sales tax" again.
Thanks in advance for any insight/advice you may offer. I've done all my research and am ready to try to buy a EX-V6 (withOUT the NAV). No add-ons required. Here's my thinking:
Invoice - $23,754
Holdback - (792) (3% of MSRP)
Cash Rebate - (400) (references around internet)
Dealer Cost - $22,562
Reasonable Profit for Dealer (3%) - 677
Destination Charge - 490
Offer to Dealer = $23,729
How's the logic? Any suggestions? I was thinking we'd start at $23,500 and cap at $24,000.
This will be a cash deal - does that change anything?
THANKS SO MUCH!!!!!