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Comments
i thought it might be a pretty good price it just seems to me i could get it a little lower.i dont know about out there but here every lot is full with new cars and nobody buying.i think my problem is the new body style for '09. they aren't wanting to come off any money yet.
Can anybody expect how the bailout plan died last night would affect Honda buyers? Thanks in advance.
All the quotes I've gotten contain a "dealer fee" that is $600-$700 depending on the dealer. Is that fee usual?
If the bailout ultimately does occur, it would act to stabilize the overall market in terms of existience and degree of competition but would not change the economic condition in a meaningful way, hence terms would remain similiar to what we would have already been expecting.
The only scenario with implications to Honda buyers would be a total rejection of a bailout plan followed by Bankruptcy/Liquidation proceedings (I believe this is Chapter 13 Bankruptcy, maybe someone can confirm. In this case, you'd potentially see inventory liquidation at below-market prices. Until inventories were liquidated, Honda would either have to increase its marketing efforts to keep sales moving in the face of liquidation pricing, or they could choose to "ride it out" by cutting production to the bone until the liquidation was largely over. Once the liquidation was complete, the remaining competitors would likely find that they would no longer need to offer as aggressive promotions on a long-term basis following the exit of the weaker competitors.
The severity of any of those events would depend to a great extent on how many of the Big 3 ultimately filed for bankruptcy and what type of bankruptcy was filed.
I can't see Chapter 13 filings ever occurring to be honest, so I don't think that any of this is likely. Ultimately, Honda will manage their production to sales projections to minimize the need for incentives irrespective of what happens in Detroit.
Yes, OTD means everything included (doc fee, tax, title & reg fees) and the dealer gives you the key to drive the car out of the lot.
Eddi where did you get that price. I got the quote about 28,900 just for car. if out of the door , then should be 28,900+5%tax+fee, almost should be30,300. Can you tell me where is the dealer located? Thanks!
I SHOULD MENTION THAT COME TO FIND OUT MY WIFE WORKS WITH THE WIFE OF THE FINANCE MANAGER AT TOWNSEND HONDA. HOWEVER IF HE COULD DO THAT FOR ME HE SHOULD BE ABLE TO DO THAT FOR ANYONE.
If you follow this method, then they have no way to come back with 'of course' excuse ...
http://www.realcartips.com/articles/carbuying/how-to-buy-a-new-car.html
They do have a good thorough post on How To Buy A Car For The Lowest Price.
It is just like the Donkey Punch method but more detailed ...
Pretty good price. I paid $34,500 back in August when they had the $2000 dealer marketing support, and did not get the running boards, so it sounds like you got basically the same deal from your dealer.
Remember, Honda is very conservative - they have never offered 0% financing or a consumer rebate. As Dan Bonawitz once said, 'Honda does not need to apologize for our prices'.
Jim
MSRP: $33630
Invoice: $30809
Accessories: $362 (Bluetooth and Wheel locks)
Discount of invoice: $5000
Price: $26171 + taxes and license and fees ($55)
It is the best I have been able to get but looking for any additional thoughts / advice on here.
Thanks...
northern cal
car above.. including dest charge- 34750
same car with all weather mats, wheel locks, and door guards- 34900
thoughts?
2009 Honda Pilot EXL 4x4 Model #YF485
36m*12K*ZERO down - Total due $782.00 (First Month, Doc Fee & Reg)
MSRP: $35850.00
Money Factor 0.00110
SALE PRICE: $30,020.00
Residual: 51% or $18,291.15
$378.94 a month plus tax
Herb Chambers coudn't touch it, so I guess Ernie Boch Jr motto "Our costs are less, so we can sell for less" isn't just BS after all
Check it out at: http://www.boch.com/bochhtml/bochhonda/pages/HondaSpecials.aspx
Thanks.
thanks
I did everything over the phone since its a hike for me as well and Herb is 5 miles from my house.
Once you workout the numbers they'll pass you off to a salesperson for paperwork and wrap up.
Picking up next Tuesday.
We paid $37306 +TTL for the same model with cross bars. Seems to be pretty close to the deal you got- we are happy too.
lited running boards and all weather mats for $37050 plus TT&L.
He said he would give me cost on fenderwell trim, splash guards
door guards and their seven year wax protection package.
They offered me 10K for my 03 EXL with 37K miles in excellent condition
unseen. ( I gave him the VIN for the 03 Pilot.)
Should I take this deal or wait for the next rebate similar to last August?
( I am not sure if Honda will have another 2K rebate), while the salesperson
said he couldn't offer the 1.9% financing because of the deal
Please offer your advice.
just checked again and somebody just bought a 4x4 Touring w/ RES for 34,991.
I'd skip the wax treatment and hold out of the 1.9/3.9- although I think second tier is 2.9 and 4.9 which isn't bad either.
Residual value after 36 months / 12k is $16,447.
I really like the vehicle, but wanted to share what I was able to get and was curious how you think I did?
Vehicle was leased in the DFW area.
condition. He offered 10K while he is trying to get more. ( I'll know more tommorrow)
I'm blessed to have a good banking relationship which is offering prime rate
financing (3.25%) so not having the financing offer from Honda isn't a big deal.
We'll see what he wants for the 7 year wax job and the other options.
Keeping my fingers crossed. Does anyone have comments on the color
Taffeta White with the grey verses the blue interior?
Best regards
I have leased a number of vehicles, and only once was the residual value lower than market. And when that market exception occurred, I bought it, only to trade it in on our next vehicle. (which was a purchase).
Remember - the vehicle's residual or market value at the end of a lease is fixed. What makes one lease payment higher or lower is a factor of the sales price, the money factor (interest rate) and any money put down (which should always be avoided).
The market for that vehicle in 3 years will determine what kind of position you will find yourself in.
The news today 12/22/08, reflects Toyota's first operating loss in 70 years. I cannot imagine things are any different for Honda.Honda seems to be quite arrogant regarding cash back incentives. My understanding is that the new incentives come out on January 5th 2009.
Can I have anyones input regarding trying to get a year end deal or wait for the new incentives? I cannot imagine I would pay more by waiting? I would think Honda is in the same situation as Toyota.
Any comments would be appreciated.
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