2015 Honda Accord Prices Paid And Buying Experience

brian125

possumfoot said:

brian125,

starting to shop 2015 Accord LX in Tennessee. So far best price:

Vehicle: $19,187
doc fees: $598
taxes: $1620.70

otd: $21,405.70

i would like to get to $20k or under OTD. Do u think this is possible if I wait until end of the month?

Your deal is :



$2599 below invoice minus 598 doc = 2001 below invoice. Another $1400 off vehicle price will not happen.

If you play hardball and negotiate thru till months end you may save a few more dollars.

The very high doc fee charge may be your only room for negotiating on this deal. .

boyfly

You can buy lx cvt for less than 18,500 with only 150 doc fee in tx

brian125

boyfly said:

You can buy lx cvt for less than 18,500 with only 150 doc fee in tx

Post names of dealerships /area in TX where they are selling LX models at above price? This helps our forum buyers.

dvj11

Toyoman,

Which dealership is this from --
2015 Accord EX
MSRP $26,650
Sale price: $20,855

The lowest quote I got for the same model/trim was from a Houston Dealership --
$22,741 (Sale Price incl destination ) + $300 (Tint etc) + $1440 Tax + $350 (Tax TTL & Dealer fees) = $24,881 (OTD). I will post the name of the dealership once finalized. No add ons.

brian125,

What are your thoughts ?

TIA,

dvj

toyoman8 said:

here are the offers I got, In Houston TX. Hope this help someone

all 4dr Sedans

2015 Accord v6 EXL with Nav
MSRP $33,090
Invoice $30,449
Sale price: $26,729

2015 Accord v6 EXL
MSRP $31,315
Sale price: $25,110

2015 Accord EX
MSRP $26,650
Sale price: $20,855

2015 Honda Accord 4cyl EX-L with Nav
Sale Price : 24,836

scottw6

Looking for 2015 EX or EXL in Seattle Area.
EX $23,000, and EXL $25,400 without any accessory (include Dest fee $820) + Doc $350, License and tax
Is that a okay price around the area? Thank you.

sfg75

What is best move now to buy a new 2015 or wait for the new 2016 honda accord

korcanusa

Here is the offer on the table from one of the dealer in MD
2015 Accord EX-L (V4 no Nav)
Sale price: $21500
Destination: $820
Processing fee: $300
Trade in Credit $7500
Tax:$907.20
Tags: $299

OTD: $16326.20

I feel like this is a great deal. What do you think guys?

bonpett

I am new to this forum and my knowledge of car lease contract is not the best. I am hoping someone can answer my question and confirm my theory. My family and I recently leased two Honda accord lx. This is my contract,

Honda Accord LX base
MSPR : $23725
Agreed upon value of vehicle: $19717.92 with destination and handling fee
Acquisition fee: $595
Gross capitalized cost: $ 20312.92
Residual Value: $13523.25
Rent charge $349.76
10k per year
Down payment: $335.43

Paid for sales tax, doc fee, registration fee, and first month up front. My monthly payment is $189, was that a good deal?


During the process, we had agreed for the two car to be same asking price, which was 19717.92 but with 15k per year on the second car.

Honda Accord Lx base (car number 2) this is what was on the contract

MSPR: $23725
Agree upon value of vehicle: $20495.61 with destination and handling fee
Sale/use tax: $830.20
Acquisition fee: $595
Gross capitalized cost $21920.81
Residual value: $ 12811.50
Rent charge: $360.55
15k per year
Down payment: $181.86

Paid for registration fee, doc fee, first month and ny waste tire fee. Monthly payment came out to $258

After running my family member credit score, they said “the monthly payment is going up due to your bad credit score” on the contract on line 6a “gross capitalized cost. The agreed upon value of the vehicle is” $19896.88 but on line 10a. Agreed upon value of Vehicle is $20495.61. I question them why doesn’t the number matches, because it matches on my contract and it matches on my previous car leases. They stated that because of the credit score that “agree upon value of vehicle goes up” so to me that doesn’t make any sense, why would agree upon value goes up due to bad credit and they kept shutting me down.

So I went home and calculated the money factor, and the money factor for both car came out to .00029. Doesn’t that mean they used the same money factor/ tier 1 credit??.

When a person have a bad credit, normally the “rent charge” is higher, and not the agree upon value of the vehicle ? I hope I make some sense. Did I get screwed over? Please help!! I appreciate anyone taking their time to answer this!!! Thank you so much!

Michaell

bonpett said:

I am new to this forum and my knowledge of car lease contract is not the best. I am hoping someone can answer my question and confirm my theory. My family and I recently leased two Honda accord lx. This is my contract,

Honda Accord LX base
MSPR : $23725
Agreed upon value of vehicle: $19717.92 with destination and handling fee
Acquisition fee: $595
Gross capitalized cost: $ 20312.92
Residual Value: $13523.25
Rent charge $349.76
10k per year
Down payment: $335.43

Paid for sales tax, doc fee, registration fee, and first month up front. My monthly payment is $189, was that a good deal?


During the process, we had agreed for the two car to be same asking price, which was 19717.92 but with 15k per year on the second car.

Honda Accord Lx base (car number 2) this is what was on the contract

MSPR: $23725
Agree upon value of vehicle: $20495.61 with destination and handling fee
Sale/use tax: $830.20
Acquisition fee: $595
Gross capitalized cost $21920.81
Residual value: $ 12811.50
Rent charge: $360.55
15k per year
Down payment: $181.86

Paid for registration fee, doc fee, first month and ny waste tire fee. Monthly payment came out to $258

After running my family member credit score, they said “the monthly payment is going up due to your bad credit score” on the contract on line 6a “gross capitalized cost. The agreed upon value of the vehicle is” $19896.88 but on line 10a. Agreed upon value of Vehicle is $20495.61. I question them why doesn’t the number matches, because it matches on my contract and it matches on my previous car leases. They stated that because of the credit score that “agree upon value of vehicle goes up” so to me that doesn’t make any sense, why would agree upon value goes up due to bad credit and they kept shutting me down.

So I went home and calculated the money factor, and the money factor for both car came out to .00029. Doesn’t that mean they used the same money factor/ tier 1 credit??.

When a person have a bad credit, normally the “rent charge” is higher, and not the agree upon value of the vehicle ? I hope I make some sense. Did I get screwed over? Please help!! I appreciate anyone taking their time to answer this!!! Thank you so much!

Yes, the base MF for the Accord this month is .00029, which is valid for any credit score of 660 or higher; if your score is between 610 and 659, the MF is .00179

I've not ever heard of a dealer raising the price of the car due to credit scores, but there's a first time for everything

captain303

Can anyone please tell me if Honda has a certain time frame that they release new incentives that are coming out. For instance, GM usually releases their new incentives monthly, usually around the 3rd or 4th of the month.
Does Honda have a similar pattern?
Also is the current incentive still $1500 (dealer cash) on the Accords and is that for all models or is it different for each model Accord?
and lastly, is Honda's holdback 2%?
Thanks!

Michaell

captain303 said:

Can anyone please tell me if Honda has a certain time frame that they release new incentives that are coming out. For instance, GM usually releases their new incentives monthly, usually around the 3rd or 4th of the month.
Does Honda have a similar pattern?
Also is the current incentive still $1500 (dealer cash) on the Accords and is that for all models or is it different for each model Accord?
and lastly, is Honda's holdback 2%?
Thanks!

Yes, Honda will update their incentives periodically. The current Honda incentives are set to expire on 9/7/15.

Yes, $1500 cash on all Accord trim levels.

Don't know about holdback.

toyoman8

dvj11 said:

Toyoman,

Which dealership is this from --
2015 Accord EX
MSRP $26,650
Sale price: $20,855

The lowest quote I got for the same model/trim was from a Houston Dealership --
$22,741 (Sale Price incl destination ) + $300 (Tint etc) + $1440 Tax + $350 (Tax TTL & Dealer fees) = $24,881 (OTD). I will post the name of the dealership once finalized. No add ons.

brian125,

What are your thoughts ?

TIA,

dvj

toyoman8 said:

here are the offers I got, In Houston TX. Hope this help someone

all 4dr Sedans

2015 Accord v6 EXL with Nav
MSRP $33,090
Invoice $30,449
Sale price: $26,729

2015 Accord v6 EXL
MSRP $31,315
Sale price: $25,110

2015 Accord EX
MSRP $26,650
Sale price: $20,855

2015 Honda Accord 4cyl EX-L with Nav
Sale Price : 24,836

spring branch honda

mikeho2

Hi everyone,

I'm living in northern CA (Sacramento) area. I'm looking to buy a Honda Accord EX-L V6 with no other options. What is the reasonable OTD price that I should negotiate for? Thanks.

hondaretailer

captain303 said:

Can anyone please tell me if Honda has a certain time frame that they release new incentives that are coming out. For instance, GM usually releases their new incentives monthly, usually around the 3rd or 4th of the month.
Does Honda have a similar pattern?
Also is the current incentive still $1500 (dealer cash) on the Accords and is that for all models or is it different for each model Accord?
and lastly, is Honda's holdback 2%?
Thanks!

The current Honda incentives run through 09/07/15, new incentives will be released 09/08/15. The dealer cash (not consumer cash) is $1500.00 and is available on all Accords regardless of trim-level. Honda holdback is 2.25%, usually paid 30 days after the sale of the car has been reported. Honda finance is offering 0.9% APR for 24-60 months and only 1.9% APR for 61-72 months.

kwilliams227

brian125 said:

kwilliams227

Unfortunately for you the State of FL. . has one of the highest doc fee's in the country. As you negotiate thru this month making your best deal at months end unless a dealer gives in sooner, Compensate each dealers doc fee charge by lowering your asking price of the EXL model.

Ask each dealership if you Call, Email, or Visit...... what there doc fee charge is ?

Your above deal is................... $1189 below invoice after taking doc's into consideration. You can do better

Hey Brian,

Ended up with the blue 2015 ex-L. 26,600 OTD.

toyoman8

what does Holdback means?

otis73

Thanks Brian! I used your technique and it was the easiest new car purchase I ever made:
2015 Accord EX-L V4/no Nav
OTD price: $24,500
Purchased in LA so Taxes/Tag Paid in MS
Tax:$1,225
Tags: $350

gohan_d1

otis73 said:

Thanks Brian! I used your technique and it was the easiest new car purchase I ever made:
2015 Accord EX-L V4/no Nav
OTD price: $24,500
Purchased in LA so Taxes/Tag Paid in MS
Tax:$1,225
Tags: $350

Is this real life... You are telling me you got the EX-L for $24,500 OTD - 1225 - 350 = $22,925 before TTL?? Holy smokes

kyfdx

toyoman8 said:

what does Holdback means?

http://www.edmunds.com/car-buying/dealer-holdback/

jurizar

Hi all,

Looking for some feedback. Looking to take delivery on accord hybrid touring tomorrow in Los Angeles, CA.

MSRP - $35,875
Negotiated price - $30,220
Doc fees - $80
Registration - $317
Tire fee - $8.75

All that's left is tax. I'm trying to figure that out and any help would be great. Does dealer charge tax on car or do they also charge tax on doc fees?

Tax on just car - 9% in CA. - $2719.80
With car and doc fees - $2727

$33,345.55 - $33,352.75

Thanks

danimal80

Wanted to say thanks for creating this forum. I made my offer yesterday based off what I was reading and I don't know if it's the greatest deal but it's one I can live with. Accord lx plus pro pack and all weather mats 20,500 otd. Out of honda Mckinney tx. Easiest car purchase I've ever made. Only complaint was the finance guy offered 4.7%. I've purchased 1 civic and 2 accords through honda fi. This is my 3rd accord and have a 790 score, all which he knew.  He should have kept his credibility and not try to juice me at the end. He had to make his fake call to get .9% approved. Excuse was it was a mistake by honda  

benjaminh

Folks: Check out the PricePromise feature at Edmunds. Right now they seem to be offering an additional $500 off any Accord direct from Honda. You have to get a special code that you then use at the dealer. Also, the prices they are offering on the very last of the 2015s are lower than I've ever seen. I was quoted more than 5k off of an EXL navi.

kyfdx

jurizar said:

Hi all,

Looking for some feedback. Looking to take delivery on accord hybrid touring tomorrow in Los Angeles, CA.

MSRP - $35,875
Negotiated price - $30,220
Doc fees - $80
Registration - $317
Tire fee - $8.75

All that's left is tax. I'm trying to figure that out and any help would be great. Does dealer charge tax on car or do they also charge tax on doc fees?

Tax on just car - 9% in CA. - $2719.80
With car and doc fees - $2727

$33,345.55 - $33,352.75

Thanks

Yes... the $80 doc fee is taxed, but the other government fees are not.

jurizar

Thanks kyfdx! Does this seem like a good deal?

unhappy113

danimal80 said:

Wanted to say thanks for creating this forum. I made my offer yesterday based off what I was reading and I don't know if it's the greatest deal but it's one I can live with. Accord lx plus pro pack and all weather mats 20,500 otd. Out of honda Mckinney tx. Easiest car purchase I've ever made. Only complaint was the finance guy offered 4.7%. I've purchased 1 civic and 2 accords through honda fi. This is my 3rd accord and have a 790 score, all which he knew.  He should have kept his credibility and not try to juice me at the end. He had to make his fake call to get .9% approved. Excuse was it was a mistake by honda  

Can you list the name of the sales person? And color of car and when you bought it. Thanks!

niner99

The deal I'm currently being offered in MD for a 2015 EX-L Sedan (no navi):

23,900

Process fee: 319
Tags: 299
Tax: 1434

Total OTD: 25,952

I feel like there's still room. How much more would you think is reasonable?

Thanks!

benjaminh

niner99 said:

The deal I'm currently being offered in MD for a 2015 EX-L Sedan (no navi):

23,900

Process fee: 319
Tags: 299
Tax: 1434

Total OTD: 25,952

I feel like there's still room. How much more would you think is reasonable?

Thanks!

Get the Edmunds discount and you'll save another $500. Seems like a good price to me.

gohan_d1

benjaminh said:

niner99 said:

The deal I'm currently being offered in MD for a 2015 EX-L Sedan (no navi):

23,900

Process fee: 319
Tags: 299
Tax: 1434

Total OTD: 25,952

I feel like there's still room. How much more would you think is reasonable?

Thanks!

Get the Edmunds discount and you'll save another $500. Seems like a good price to me.

Sorry if its already been answered already, but how exactly do I get the $500 discount? I checked out the Edmunds price promise but that just seems to give me quotes (far above what I am getting at dealers btw) similar to how true car does certificates. Am i missing something? How do I get this code?

Thanks!

brian125

benjaminh said:

Folks: Check out the PricePromise feature at Edmunds. Right now they seem to be offering an additional $500 off any Accord direct from Honda. You have to get a special code that you then use at the dealer. Also, the prices they are offering on the very last of the 2015s are lower than I've ever seen. I was quoted more than 5k off of an EXL navi.

@stever may be able to clarify this

I'm not 100 % but you may only get this 500 rebate if you buy at the price promise from/ thru Edmunds service. I could be wrong but In the case of @gohan_d1 Accord deal ( I posted in your message board ) your current deal is at 3116 below invoice price minus the doc fee of $289 .... Edmunds price promise is nowhere in that stratosphere.

Your sitting pretty going into the last days. If you want to pit dealers against each other Weymouth and Herb Chambers hate each other up in Boston

Good luck

possumfoot

Will September bring any better deals on the 2015s?

benjaminh

possumfoot said:

Will September bring any better deals on the 2015s?

Not likely. It's probably as good as it gets right now. Some dealers are already running low on stock, and Honda's huge incentives expire in early Sept.

jerry2k2

Hi,

I enjoy reading all the posts in this forum. Very informative and helpful. I am in Sacramento, California. I am looking to buy a 2015 Honda Accord EX. What I would like to do is to contact several dealers via email my offer of,

$20,635 (including dest charge)+TTL (tax, tag, doc fees) of about 11% for approximately OTD price of $22,904.

is this reasonable?

Thanks for your help and tips.

Jerry

Update: I used $20,635 because I believe the invoice price for 2015 Accord EX is around $23,635. Decided to go below the invoice by $3K as initial negotiation.

resourcefulone

I think you're going to get it. I am informing dealers, my target price is $20,500 for the ex. So far, edmunds price promise has come to $21,600. See a prior post to get the $500 edmunds preferred certificate. You can ask for the $300 savings from them not having to pay the referral truecars.com cost. I think August 31 may be ideal, for pressured dealers to get end of month goals/incentives. You probably know the routine - state you plan to make the purchase at a certain point (ex, 8/31 5pm), give your target price and that you'll offer other dealers to beat the lowest price received. Hopefully, they'll be calling you while you're heading out the door. It was a different environment in 2007, but I was able to get the ex '07 sedan at for $18,900 using the strategy.

jerry2k2

resourcefulone said:

I think you're going to get it. I am informing dealers, my target price is $20,500 for the ex. So far, edmunds price promise has come to $21,600. See a prior post to get the $500 edmunds preferred certificate. You can ask for the $300 savings from them not having to pay the referral truecars.com cost. I think August 31 may be ideal, for pressured dealers to get end of month goals/incentives. You probably know the routine - state you plan to make the purchase at a certain point (ex, 8/31 5pm), give your target price and that you'll offer other dealers to beat the lowest price received. Hopefully, they'll be calling you while you're heading out the door. It was a different environment in 2007, but I was able to get the ex '07 sedan at for $18,900 using the strategy.

Did any dealer accept your $20,500 target so far?

regarding "$500 edmunds preferred certificate", it is only applicable if the dealer is referred to by Edmunds, correct?

Thanks

resourcefulone

Not yet. Persistence may pay off. I think there's a good chance to get it below $21,000.
It is transferable. It says participating dealers, only. Part of the certificate is below:

*Accord Preferred Customer Offer available only through Honda Financial ServicesSM (HFS) to individual bearing offer code toward the lease or finance of any new and previously unsold 2015 Accord or 2015 Accord Hybrid from July 20, 2015 throughSeptember 7, 2015. Offer is available only toward Down Payment or Capital Cost Reduction Assistance on financing of 24 months or greater. Not available as cash refund. No trade in required. Zero Due at Signing Leases not eligible. Must meet HFS credit criteria. Offer transferable. Offer excludes recent purchases and is only valid for one transaction. See your participating Honda dealer for complete information. This offer code must be presented at the time of purchase or lease.

jerry2k2

resourcefulone said:

Not yet. Persistence may pay off. I think there's a good chance to get it below $21,000.
It is transferable. It says participating dealers, only. Part of the certificate is below:

*Accord Preferred Customer Offer available only through Honda Financial ServicesSM (HFS) to individual bearing offer code toward the lease or finance of any new and previously unsold 2015 Accord or 2015 Accord Hybrid from July 20, 2015 throughSeptember 7, 2015. Offer is available only toward Down Payment or Capital Cost Reduction Assistance on financing of 24 months or greater. Not available as cash refund. No trade in required. Zero Due at Signing Leases not eligible. Must meet HFS credit criteria. Offer transferable. Offer excludes recent purchases and is only valid for one transaction. See your participating Honda dealer for complete information. This offer code must be presented at the time of purchase or lease.

how do I get the Edmunds Certificate again?

jerry2k2

i did the Edmunds Price Promise thingy and I got this in my email....copy and paste part of the email...


2015 Honda Accord EX


car image

Exterior: White Orchid Pearl

Interior: Ivory

Price PromiseSM Price
$22,540*
Expires August 31, 2015

Your Savings
$4,110

It just shows total savings of $4,110. no savings breakdown. is the $500 you said included in the $4,100?

resourcefulone

I believe you are able to deduct the $500 from the price. If they say no, walk away. Tell them ahead of time you want confirmation over e-mail they will deduct the extra $500 from the price.

hienieken

Are all these EX-L postings for the V6 or 4 cylinder?

hienieken

niner99 said:

The deal I'm currently being offered in MD for a 2015 EX-L Sedan (no navi):

23,900

Process fee: 319
Tags: 299
Tax: 1434

Total OTD: 25,952

I feel like there's still room. How much more would you think is reasonable?

Thanks!

Is this for a V6 or 4 cylinder?

carhobby1

Regarding the $500 Honda Accord preferred Customer offer from Edmunds... I got this coupon by clicking on the Ad that appeared when I was searching for cars thru Edmunds.com. I was able to do print this on 08/19. One of the dealer Internet sales rep gave this Tip when I called him over the phone to discuss on price. You do not need to get Edmunds pricing. Took this coupon and got $500 deducted from the Final price. Able to score Honda Accord EX for 22,440 OTD. This is from dealer in Central PA.
Sale price: 21,400 + Tax, Title, Registration = 22,940 - $500 discount = 22,440 OTD. Also got 0.9 APR thru Honda Finance.

jerry2k2

carhobby1 said:

Regarding the $500 Honda Accord preferred Customer offer from Edmunds... I got this coupon by clicking on the Ad that appeared when I was searching for cars thru Edmunds.com. I was able to do print this on 08/19. One of the dealer Internet sales rep gave this Tip when I called him over the phone to discuss on price. You do not need to get Edmunds pricing. Took this coupon and got $500 deducted from the Final price. Able to score Honda Accord EX for 22,440 OTD. This is from dealer in Central PA.
Sale price: 21,400 + Tax, Title, Registration = 22,940 - $500 discount = 22,440 OTD. Also got 0.9 APR thru Honda Finance.

carhobby1,

You got a great OTD price. Good for you. I am still looking for the "$500 Honda Accord preferred Customer offer " Ad :-)

samk7

Hey  Brian & everybody. please let me know what do you guys  think of this quote in SoCal
15 Accord Sport Sedan CVT
Selling: $20,197.00

Document: $80.00

92802 Tax: $1,622.17

DMV: $270.00

Total Cash Price: $22,169.92 out the door

jerry2k2

samk7 said:

Hey  Brian & everybody. please let me know what do you guys  think of this quote in SoCal
Selling: $20,197.00

Document: $80.00

92802 Tax: $1,622.17

DMV: $270.00

Total Cash Price: $22,169.92 out the door

samk7,

LX or EX?

mamamia2

Just got it yesterday: Accord EX-L V6, Albatross Silver for $27,000, incl. Dest. fee (MSRP $31, 315).

BUT dealer also gave me a nice deal for my trade in, a 2005 Accord EX-L V6 with only 69k miles that would need some body work to fix dings and scratches — $6,000.

There were couple other dealers who'd offer it to me, some for almost $1,000 less, BUT they had only dark colors ("oh, we can get the silver one delivered from other dealerships, 250 miles away, give us a few days"), and I wouldn't know how much they'd given me for my old car.

resourcefulone

From a Chicago Suburban dealer, received a quote for "2015 Accord Sedan EX CVT for $20,836.00 plus fees." This does include the $500 Edmunds.com Certificate.

kyfdx

mamamia2 said:

Just got it yesterday: Accord EX-L V6, Albatross Silver for $27,000, incl. Dest. fee (MSRP $31, 315).

BUT dealer also gave me a nice deal for my trade in, a 2005 Accord EX-L V6 with only 69k miles that would need some body work to fix dings and scratches — $6,000.

There were couple other dealers who'd offer it to me, some for almost $1,000 less, BUT they had only dark colors ("oh, we can get the silver one delivered from other dealerships, 250 miles away, give us a few days"), and I wouldn't know how much they'd given me for my old car.

Is it really Albatross Silver? That can't be right...

jerry2k2

resourcefulone said:

From a Chicago Suburban dealer, received a quote for "2015 Accord Sedan EX CVT for $20,836.00 plus fees." This does include the $500 Edmunds.com Certificate.

Nice price.  Now if only I know how to get the $500 Edmunds certificate!!  Is there a hidden link somewhere?

resourcefulone

Somehow it popped up when signing up for edmunds.com price promise. I am not sure what prompted it. The certificate expires on August 31.

Does anyone have info if Honda will be increasing any accord incentives after September 7?

m6user

Resourcefulone, Which suburban Chicago dealership????