2013 and earlier-Honda Accord Prices Paid and Buying Experience

surfgermany

looking in the Nothren Va area and so far this
seems to be my best deal on a v6 ex leather with nav
27145 out the door
includes tax/tags/processing fee
think the dealer also does a appearance pkg that includes wheel locks door gurads etc. included in the processing fee.

musicboy

hgf> How's the logic? Any suggestions? I was thinking we'd start
hgf> at $23,500 and cap at $24,000.

You need to determine what the rumored current "Marketing Support" is. I don't know it myself. As I wrote in a previous message on this board, if you are in current negotiations with a dealer (or plan to be soon) then it's perfectly reasonable to call one or two up (ask for an Internet department salesman) and ask them if Honda is currently offering Manufacturer to Dealer Cash and in what amount. Then you will know if your assumption is correct and can make the proper calculation of true dealer cost.

As for figuring in a reasonable dealer profit, why not let them watch out for their own interests and you watch out for yours (in other words from your perspective $0 is the correct figure for reasonable dealer profit, they may even agree with you depending on how motivated they are at the time, they may even sell at a loss.) No sense in bidding against yourself by offering a number.

In any event you may find it easier to negotiate without ever leaving your home by asking the area dealers to bid for your business via Fax and/or email. You'll likely uncover the lowest rock bottom price available in your area this way as well,

I have written extensively about how I did this back in January. Go back on this board starting with mid February reading forward and you will see the method in detail.

hgf> This will be a cash deal - does that change anything?

Not really, They are gonna get cash from either you or whoever finances you.

dan41

It sounds like you have done your research. Given that we have seen some board members purchase the same car, with Nav, for about one thousand below invoice, you may be leaving several hundred dollars on the table if you pay $24K. I am assuming you do not want/need the Nav, so I would start negotiations at 23K and negotiate up to the amount you are comfortable with ( I would not go more than 24K, because for another $500 you may be able to purchase the same unit with Nav - and I would share this with the dealer during negotiations).

Approach: Call several Honda dealers in your area and speak with the internet manager or the sales manager. Be very clear with what you are looking and, most important, let them know you are definitely buying a Honda Accord and that you need their most aggressive pricing. If you are ready to purchase, I would tell each contact that you will close the deal within 24 hours with the most competitive offer. Make sure that the price they are quoting is for a NEW Accord and ask for the mileage. Once you have the price, you can then ask if the price is reduced whether you pay cash or finance. Again, I would mention this after you have the pricing.

Financing: This is an interesting question. I use to think that paying cash was a plus for the dealer. However, I think that in today's market, dealers prefer you to finance with them as they get a financial incentive. In either case, I don't believe it should change the final price by more than a few dollars. One last note. We took delivery of our silver Accord EX, V6, W/Nav, last week, and financed it with Honda at a rate of 1.9 ( 24 months ). Once you make your purchase, don't worry about thinking you paid a few hundred dollars more than someone else. At that point, it is time for you to enjoy your "smart" purchase. Good luck and let us know how you make out.

Regards:
Dan

ral2167

was emailed from internet manager at local dealership in ohio that there's an $800 cash incentive until end of may for accord...

jruff

Sorry, that price did not include the warranty.

The more I think about it, I'm really dissapointed in myself, for letting my dad talk me into that warranty.
I may have to look at some of my documents, but itsn't the warranty refundable? Can I cancel it now? If so would I get virtually all of money back (after 1 week), or is there some kind of cancelation fee?

I also helped a friend purchase a similar vehicle (4 cylinder w/o Nav), and I helped we got a pretty good price. Now I helped him throughout the research and negotiation process, but felt the financing process would involve some personal information (ie salary) so I let him handle that on his own. However he purchased the warranty (at a much higher price than I did, $1200 I believe), along with GAP insurance, and some kind of disability insurance. After thinking about it, he realizes that he doesn't really want those. Anyone know if those policies can be canceled? I'm pretty sure the warranty can be canceled, but I don't know about the rest. If so, how will it affect his financing? Will he monthly payments decrease? Or will they just cut him a check for the refunded amount?

anonymousposts

Most gap insurance policies can be cancelled and you will receive a prorated refund. Not sure about the disability insurance though.

Since he has already signed the finance contract the refunds will probably go to the finance company and not to him since the finance company still holds interest in the car. In that case the payments will stay the same but he will have less payments to make in the end. Some companies differ though and may send the refund directly to him.

Best thing to do is call the dealer and/or the companies who actually administer the policies and find out how to cancel and how the refund is handled.

dan41

You'll get a lot of opinions on purchasing an extended warranty. For me, it seems to be a wise choice. I purchased a 7 year / 100K Honda Care warranty with zero deductible for about $950. I am a conservative and, well, a bit anal. So knowing that I will not have any unexpected expenses for the next seven years, other than normal maintenance, provides me piece of mind. It would not take much to rack up some large expenses for repairs, especially on an EX with Nav. Heck, I also purchased the same warranty when I purchased my new Lexus last year. I want to make it clear that we plan to keep both cars for many years, so that played a factor in our decision to purchase an extended warranty.

Regarding a refund, I believe you are entitled to a full refund should you cancel in writing within a limited amount of days ( not sure if it is 30 days ). You did not state what type of warranty you purchased. Is it with Honda or another company and what are the terms (length, mileage, deductible,if any). IMHO, if you have an extended warranty with Honda and plan on keeping the car for a long period, I would keep the warranty. Even if you decide to sell prior to the end of the warranty period, I believe it is transferable, so this should add value to the deal. If you purchased the warranty through one of the many warranty providers, I would cancel in a heartbeat because there is no guarantee that these companies will be around in the future. There are a number of stories about such companies denying valid claims posted in Edmunds. No matter what you decide to do, it looks like you made a great deal ( perhaps having Dad there may have helped ). Good luck with your decision!

anonymousposts

We bought an extended warranty with our 99 Accord. HondaCare 7/100,000 $0 deductible for $875. Never had to use it. Since then we haven't kept a car long enough to need an extended warranty and now we drive entirely too many miles for it to be a wise purchase. We would be at 100,000 on 3 years.

cooksie

Was this incentive from a Local dealership ONLY? Or was it a Honda incentive? I am going to negotiate an accord today and the dealer said nothing about a honda incentive yesterday....
THanks.

ramped

My guess is that it is national. I e-mailed Orlando-area dealers Friday evening for bids to purchase a EX/side curtains and within an hour I had an offer of $20,396, not including taxes and fees, which is about $600 under invoice after you factor in the transportation charge.

cooksie

Was this incentive from a Local dealership ONLY? Or was it a Honda incentive? I am going to negotiate an accord today and the dealer said nothing about a honda incentive yesterday....
THanks.

cooksie

Great! I will ask about it today.

cooksie

Just home from the dealership. No incentive except financing..... Hummm.
I did not buy today.

musicboy

>> My guess is that it is national. I e-mailed Orlando-area dealers Friday evening for bids to purchase a EX/side curtains and within an hour I had an offer of $20,396, not including taxes and fees, which is about $600 under invoice after you factor in the transportation charge.<<

There is a Holdback of about of about $680 on that vehicle so that could easily account for that price you got. If there was really an $800 incentive (Manufacturer to Dealer) out there then they could reduce that price by at least another $800.00.

spectra2k

Hi,
do you know which dealer are dealing with? What city, state?
Thank you

jrock65

As far as I know, there was a $600 Honda to dealer incentive, but that ended on 04/30/04.

kyfdx

$400 Honda to dealer cash on the sedans.
$800 Honda to dealer cash on the coupes.

They aren't telling you about it, because it is their money. It should help you negotiate a lower price, but there are no Honda to customer incentives.

regards,
kyfdx

slawenda

I am moving to CA in about 6 weeks, and have an out of state driver's license. I am going to either sell or donate my current car just prior to leaving for California, and am hoping to buy a new Accord sedan as soon as possible after moving (hopefully that same week). Does anyone know if this will be difficult in terms of getting a loan given my brand new address, out of state license? Furthermore, do you think I will have any difficulties in terms of actually buying and registering the car given my new move/new address, out of state license? I know that just to get a library card these days you need proof of address (usually a driver's license with current address or a utilities bill, etc)! I suppose the only document I will have shortly after moving that will prove my address will be my apartment lease! Do I need a California license to buy/register also? Maybe I am overly worried about nothing, but these days with all the craze about credit fraud, and about people buying in one state and moving to another being a logistical problem sometimes, I wondered if I would run into any trouble myself given my situation. I do want to buy right away because I am planning on selling or donating before moving, and thus will need transportation right away! Any comments, advice?

richards38

One suggestion: If you have a current banking relationship at a bank with California branches, go to your bank and arrange the financing before you relocate. ......Richard

reneesf

I was quoted by a dealer for an accord sedan EX/Leather, automatic and there was a deduction spelled out for the dealer holdback fee of 729.00 and a deduction for 400.00 for the "incentive"; for an out the door cost of23,200.This is in the S.F. area.

cooksie

Can you tell me where you find out the invoice price?
I am trying to buy my first Accord. Having a bit of trouble dealing with my local dealership. I am branching out tomorrow
THanks.

ramped

It's all right here at Edmunds. Just click on the new cars tab, go to Honda, then Accord and click on the the TMV tab. Invoice and what others have paid are right there for you.

By the way, after my post Friday about the EX/w side curtains offer I received (20,346), another dealer called me Saturday with an offer about $50 lower. If the manufacturer to dealer incentive is $400 on the sedans, that is where latest offer is without the dealer dipping into holdback. While I always want to get the best price I can, I don't bring up holdback in negotiations. But, of course, if he offers, I wouldn't say no. That's what happened when I bought our Jimmy a few years ago. The dealer offered to split his holdback.

cooksie

THanks. I found it. I have it printed and will take with me tomorrow. X your fingers and wish me luck.

reneesf

cooksie, I really would encourage you to email or fax dealers until you decide on a definate dealer with the lowest price (in writing) the dealers in my area have been going lower than the going price (TMV?) on edmunds.(bay area).good luck.I would be paying a lot more if all I went by was the tmv price on edmunds...............

cooksie

Ok. I will start today. I want to drive the 4 cyl with leather first though, so I can really compare. I just didn't like the feel of the 4cyl without leather. Wanted to make an accurate comparison.
Thanks for the help.

hondasuckbig

I really hope someone at honda reads this message.
I bought my honda accord ex brand new in Jan'2001 with just
7 miles on it. I have never missed a scheduled
maintenance and always took good care of the vehicle. I have had two major problems with it
already, the drivers side window motor stopped
working and the entire unit had to be replaced, and the the cruise control stopped working and
the control unit had to be replaced. All my friends recommended a honda because you could
count on it. From what I have seen, you cannot
count on it. The first problem was fixed because
it was under warranty and the second problem
honda was willing to pay only for the part.
For both the events, I ended up spending about
$500 out of my pocket, after paying about $26000
for the vehicle (including interest at 5.9%).

It just amazes me that in this world
of 10 year auto warranties (hyundai,kia etc) honda is not willing to stand behind their vehicles. I mean sure kia, and hyundai might be cheap cars and you expect this sort of thing to
happen with them, but after paying honda so much
money, it just disgusts me that I have to spend
another $500 to fix issues when driving under
normal conditions.

The customer service manager was really rude, not
even to return a phone call, she had the time to
call the dealer and find out what happend, but
not return my call.

Honda really needs to review their quality. I know
for sure, this is the last honda, I will ever buy.
If I could, I would get rid of this car right now.

I hope this helps others in making a decision. Please dont buy a honda.

njroadrider

I am looking to purchase an EX V6 man. trans. Time is not an issue, just price. Any suggestions as to whether to buy now and take advantage of current dealer incentive or wait till clearence sales at end of summer?
Also I have heard the dealer incentive which ends may 31 is $400/$800. One for coupe the other for sedan, but I dont know which is which. Can you help?

twizard7

I think the info was discussed in msg. #4586

$400 for the sedans
$800 for the coupes

twizard7

Just because its a Honda, that doesn't mean nothing is going to happen to it. All manufactures are going to have some problems, and from what you described, it was minor. I know of someone who has a $150,000 plus car that have windows that leak, so price has no bearing of quality.

Agreed that Honda should up their warranty period, but at least they have been in business for a long time. Will the other car companies that offer a 10 yr warranty be around in ten years? Look what happen to Daewoo.

twizard7

Has anyone here bought a car in the Orlando, FL. area? If so, what type of deal did you get?

I'm looking to buy an Accord EX V6 coupe w/Navi. in the next month or so. Just wanted to know if there are any deals out there.

Thanks

anonymousposts

I am assuming since you had to pay money out of pocket for one of the repairs that you were out of warranty when the failure occurred. Looks like Honda did step up and cover part of the cost even though you were outside of your warranty period.

koz

Hello all. this is my first time shopping for a new car and need a little help. I have emailed a few dealers, but so far this is the only one that have responded.

Did I get a good price w/ the following offer: Accord V6 Coupe with 6 speed manual transmission for $24,125.80 plus sales tax and applicable fees.

and comments and suggestions are greatly appreciated.

snarks

Your problems are not major by any means. If $500 out of pocket is a lot of money to you next time buy the extended warranty for $800-$1000. Honda's more likely to be reliable than other cars. However all cars have problems including Toyota's and Honda's, like I said earlier your less likely with these makes however. Lastly the 10 year/10,000 warranty you mention on Korean cars would do you no good in your case, it only covers the powertrain components that rarely fail anyway. Auto are machines made by humans (mostly) and things can fail, buy the extended warranty next time on whatever you buy and expect some things to go wrong.

rutger3

I agree that Honda cheaps out when it comes to the warranty on their vehicles. They are usually the leader in most areas, buy in this one fall way behind. The Mgmt should step up to the plate,show some confidence in their cars and match the Korean mfgs. However, until the public starts buying more Korean cars and less Hondas this will probably not happen. There is no financial incentive.

rutger3

I am ready to trade in my 99 camry with 153k miles for something new. My choices are the usual suspects, main decision is size. Do i go with current size accord,mazda6, or smaller civic/corolla/mazda3? I drive 30k miles per year, so gas cost is an issue, but with all the large vehicles out there, may want the larger car,will use mainly for myself commuting. Will probably not get another camry, just for a change; and the hybrids while nice are not financially justifiable yet.

kyfdx

I think it is obvious that Honda doesn't have to offer a longer warranty. The quality of the product speaks for itself.

Hyundai offers that warranty because of a poor reputation for reliability. It is a marketing tool. If Honda needed to do that, I am sure they would.

I don't foresee that in Honda's future... I would take a Honda with a 12,000 mile warranty, before I would buy a Hyundai.

regards,
kyfdx

familydadx4

I can purchase a 2004 accord ex-l for @ $22,500. Is anybody doing any better out there? Any dealers cutting into the invoice. I know my local dealer has a lot of accords sitting right now.

Thanks.

stacey_burke

How are the accords 6clys with navi selling? Will it be better to wait until the new models come out to make a deal?

ramped

I've gotten a couple of quotes in Orlando for an EX/side curtains 4-door sedans. The best came from Coggin on the trail at about $400 under invoice; got about the same price quote from Courtesy in Longwood.

The Longwood dealership internet manager seems like a good guy, so you might want to try there first.

twizard7

Since you do a lot of commuting, I would get the car that is the most comfortable to sit in and has the best ride. If gas cost is a concern get the 4cyl. model. Don't get something too small that you would be cramped in, or that has a harsh ride. You will soon regret it.

tomato

I need some help and advice. I am thinking of buying a Honda Accord EX V6 Automatic with Navigation system. Is it reasonable to ask the dealer to sell it to me for $1,000 below invoice? I live in Ohio but I don't mind driving the car back from Orlando. Seems like it is possible to get a good deal in Orlando. Is that true?

Thanks in advance.

inspectoring

my girlfriend needs to buy one and I am wondering what would be appropriate to pay now - I bought the same car about 2 months ago - and paid 19500 OTD - including TTR.....

thank you in advance for your help guys...

dan41

I recently purchased our EXL V6 Auto Nav for almost 1K below invoice here in the Boston area. I had a couple of other dealers willing to go to 5-6 hundred below invoice. I have also seen several other post that range from several hundred to a $1K below invoice. I am not sure if these were regional or time factored incentives, but given the post I have seen, it appears that that you should be able to buy an Accord for less than invoice. My brother, who was once a sales manager for Honda, can not believe what Honda is doing to move these Accords ( no doubt, a drop in sales for 2004 is a big factor ).

Although only two weeks old, this is a great car and, I really, really, like that it only requires 87 octane.

routerguy

Good day all. I am currently working on getting a Honda Accord EX-L V6 w/NAV. Hopefully a red one. So far I the best price I have gotten is $27809 OTD. I do not have the price breakout. I am still working on getting additional pricing and will post that as it comes in. If anyone knows of a place in North or Central Florida that is already giving out prices around $26.5K I would appreciate a heads up. Thank you everyone for all the information and I hope I am able to give some back now.

Matthew

rutger3

Live in NJ, what would be a good price on an 04 LX auto w/bags. List $20840, invoice $18,807, edmunds TMV $19,161. Have 3 dealers near me, Clinton Honda, Princeton, and Bridgewater. Anyone had experience with them?

Kirstie_H

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nighthawk

I am a recent reader and first time poster. I assume that this topic has been discussed quite a bit. I am preparing to seek quotes for a 2004 Accord EX. I visited several dealers and have been astonished at the high doc fees charged. The lowest is $150, but most are all around $299. I see many lower fees from several of the recent posts. Are dealers willing to negotiate on this?

ramped

Regardless of whether the doc fees are government-mandated (meaning all dealerships in certain area must charge the same fees) or they are set by the individual dealer, the best way to handle them is to ignore them.

Make an out the door offer (all fees and taxes included) and ask for bids the same way. As long as you get a fair price, what difference does it make what they charge for their fees?

routerguy

I just purchased my brand new San Marino Red Honda Accord 2 Door Coupe EX V6 Leather Navigation 6 speed manual for $26,991 OTD. It was a very pleasant experience overall. I will shop for my next vehicle this way also.

manum

Does anyone know of a good dealership around Dallas area to buy a LX 4cyl sedan ??

+ what should be a good price for it ??

thanx much
-M