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Honda Element Prices Paid and Buying Experience



  • ghuletghulet Posts: 2,628
    I'd say that about ANY car.

    Bigandtall, your price doesn't sound so bad. I don't know how many dealers are in the Indianapolis area, but I doubt you could have done a whole lot better without having to travel or do an e-mail blitz or spend hours on the phone or at dealers. Don't sweat it.
  • warchiefwarchief Posts: 1
    Hello: I have been looking for leftover 03 models and have been offered two models. I am asking the group here to tell me if these are good deals or is it possible to do better?

    The first is an 03 Element EX AWD Automatic. Brand new, only options added are mud guards/flaps and roof racks. Offered at $19,900. Color: orange.

    The other is an 03 Element DX AWD Automatic. This model has air conditioning added, upgraded wheels, tinted windows, plastic window guards on the two front windows (keeps the rain off if you want to open the window, I am told)and mud guards/flaps. This vehicle is new, although it has 1,000 miles on it from test drives. Offered at $17,950. Color: my choice, black or silver

    Are these good deals? They offered to reduce the price of the DX if I didn't want the fancy wheels. I have my own stereo system to put into the DX, but only the EX has Anti-lock brakes and the roof compartment.

    It looks like I have seen one or two deals on this site that were better than these, but I am new to this site.

    Any responses would be appreciated. Thanks.
  • I am also new to this site. Is there a reason for all these leftover 03's? Overproduction? Underdemand? Dealers willing to hang on to them rather then sell them for a "good" price? Normally this far into the subsequent model year, last year's inventory would be long gone, so there must be a "rest of the story" to what is going on. Thanks.
  • lalagimplalagimp Posts: 61
    In the last week of December I paid $19850 for my 03 EX auto 4WD.

    that included tax, title, dmv fees, destination

    splash guards
    carpet mats
    ashtray ( never got it installed i changed my mind)
    cargo cover
    seat back bungees
    skylight shadescreen
    free oil for 2 years/30K

    And it came with 181 miles on it in the Washington DC area.

  • lalagimplalagimp Posts: 61
    yeah lots of people would hold onto them then cutting down lower then invoice. they don't get huge shipments so i don't think it's an issue of having to think they need to shove them out the door.

    I did have a problem with a local dealer i went to first accusing me of making him my "santa claus" and then i went to the next dealer, told him everything i wanted and my range and had my car within 2 hours of paperwork and scheduling installation appointments.

    I have though the last 30 days seen a few more willing to budge and random specials...
    It's weird eh?
  • bigfurbigfur Posts: 649
    I just moved here, looking at the element to replace my silverado 1500. Moved here from Minnesota, in Minnesota the Honda dealers wouldnt budge even a lil on any vehical. Does anyone know if south florida is the same way or can i make these people budge.
  • ztorinztorin Posts: 48
    I was recently quoted $20,182 online, ($19,692 + $490 Dest.) for a 2004 EX AWD Auto (w/side airbags). From what I've been reading on here the last month or so, that seems like a pretty fair deal right out of the starting gates. On the dealer's follow-up email, he even came back with free lifetime State Inspections (MA), which I will try to trade-up for free lifetime oil changes. How much more room does the dealer have?? $600 holdback, but what else?? Edmund's so called "bottom line" TMV w/destination is $21,220 , WELL OVER $1000 more than my online offer. Is this a pretty good deal considering I've spent a total of 5 minutes working it through email??
  • bshelbshel Posts: 232
    That is a good price. Looking at consumer reports buying guide, the Invoice is $19,923 add $490 destination and subtract $641 dealer holdback leaves you at $19772 (consumer reports wholesale price). Their internet price of $20,182 gives them a profit (reasonable) and that would be great to negotiate the oil changes in that deal.

    Enjoy it!
  • ztorinztorin Posts: 48
    I used that pricing above, and went back to another dealer through email (I replied to his recent follow-up), and this new dealer came back with $19,990 INCLUDING the $490 destination, making it $19,500. How about that ???
  • bshelbshel Posts: 232
    that is a great price.
  • ztorinztorin Posts: 48
    I went down to the dealer tonight and took her for a ride with the inventory manager (great guy, he had us cracking up the whole ride, his first words were "drive it like you just stole it"). I was very impressed. I took it on the highway, and he had me take it down some VERY bumpy back roads, and it was a very comfortable, smooth ride. It drives like a car, very easy to navigate. I'm 6'2" and I was very comfortable in the driver's seat. I told him I'd be back in touch with the internet sales guy tomorrow, to finalize the terms (I'm either going to try for the carpeted floor mats, or the free oil changes for a year as my freebie/deal maker). They have 3 orange's in stock, so I didn't have to worry about any deposit tonight. I'll keep you updated with the final verdict. I hope to have her home by the weekend.
  • ztorinztorin Posts: 48
    He threw in the floor mats, but nixed the oil changes (dealer policy)... whatever... I'm going after the mudflaps now...
  • scooter4scooter4 Posts: 6
    I'm in upstate NY and I'm about to start shopping for an Element. Would you mind telling me what dealers you've found to have good prices? Where in MA are you?
  • ztorinztorin Posts: 48
    Basically I used Edmunds to email off price quotes to dealers in my general area (30 miles or so). They were Commonwealth (Lawrence,MA), Bernardi (Natick,MA), Peters (Nashua,NH), and Atamian (Lowell, MA). Peters never actually emailed me a price, they just sent me a generic "call us" email, so I nixed them as I refused to actually speak to a rep until the deal was done. Commonwealth kept sending emails to me that weren't for "me", they were for someone else, and I tried to get them to resolve it and email me a price, and the didn't so they were also nixed. Bernardi quoted $20,182 (which included the $490 Destination). I asked him to do better and he said that it was his best "internet" price. Atamian quoted me $19,994 (including destination, making it $19,504) which I felt was the best price I had seen anywhere (including this forum and 3 or 4 other forums). They were also the only dealer of the four, that actually had the Orange EX/AWD/Auto with Side Airbags IN STOCK. That's where I ended up. They were phenomenal, and allowed me to deal with them exclusively through email, and I never "spoke" to a sales rep until the night I signed the papers. All of the people involved at the dealership were fantastic, no-games, pressure-free, and made the whole experience so easy. I actually felt like I didn't get the chance to "negotiate" anything since their price was so good, so I had him throw in some extras for me to seal the deal.
  • steverstever Posts: 52,683
    Great email wheeling and dealing - congrats!

    Steve, Host
  • Hi there.
    Call it mid-life, call it fun, but I have fallen in love with a 2004 Element. How does this pricing sound? 2WD EX, Sunset Orange (no side air bags)Everything else standard with a 2004 EX. $19,106.28. Dealer says it is his cost. (This is without TTL)
  • bshelbshel Posts: 232
    Is this a Automatic or MT? If AT, then the dealer's price is $18,300.

    If he wants you to pay 19,100, have him throw in some accessories.
  • jeblairjeblair Posts: 2
    I am seriously considering purchase of a 2004 LX AWD Manual Trans. Can these be purchased at invoice?
  • bshelbshel Posts: 232
    Depends on the area in which you live. Competition with other dealers - what is in inventory.
  • ratogratog Posts: 1
    The LX doesn't seem to be selling much since I don't see many posts regarding the LX.

    I got a dealer guote of just under 18K drive out price for the LX 4wd with no additional options. The EX 4wd driveout price was almost 3K more. Should I bite the bullet on the LX with nothing or get the EX with all the standard options??

    A local dealer also allowed me a 4 day test drive. Loved IT.............
  • 84848484 Posts: 2
    I live in Atlanta and priced 2004 Element EX 2WD (orange) w/o add'l options. Best price in metro ATL was $19,381, with a $500 trade for my 1990 Saab 900 with 217k miles on it. Lanier Honda, 30 miles North, offered it for $17,996 ($19,255 out-the-door). BUT, they would not take my Saab on trade, so I was going to sell it myself, hoping for about $1,000. Before I could buy, I was on business in Thomasville, GA (250 mi. South of ATL), and dropped in to Thomasville Honda. I showed them my Buyer's Order from Lanier Honda, my Saab title and my blank bank check and told them I'd buy from them at the same price IF they would give me an out-the-door price of $18,100 which INCLUDES fees, tax, tag, title, and destination charges). They agreed, which equated to about a $1,200 trade for my Saab. They threw in keyless remote and the plastic tray that fits in the back cargo area. I believe I got an excellent deal.
  • ztorinztorin Posts: 48
    Sounds like a good deal to me. My question is this... Isn't Keyless entry a STANDARD option on the 2004 EX models ??
  • 84848484 Posts: 2
    HA! Great question! According to everybody EXCEPT Atlanta area dealers, keyless remote IS standard on EX models. The dealers here want from $250 - $349 for it. What a rip-off.
  • ellamentellament Posts: 3
    A Long Island dealer quoted $19,995 for 2004 EX AWD w/ side air-bags (included EVERYTHING but tax, DMV fee, NY State mandatory waste tire fee). Based on my research on Edmunds that is $218 BELOW the $20213 invoice price (which includes $490 dest. charge). How does the dealer make a profit by selling below their invoice price? I'm sure I'm missing something here. It would be great to have this INSIDE info up my negotiating sleeve.

    Also, another Long Island dealer said he would sell the vehicle to me at THEIR invoice cost. Should that be any different than what is listed on Edmunds . . . .$20,213? And . . . to steer me away from the other offer noted above, he would include the following: 10 year / 100,000 mile extended gtee, Loaner Car when I'm in the shop, 40,000 mile Tune-up, Free Oil Changes (although I do not know for how long)? This too sounds pretty good. Any thoughts on this?

    And lastly, for now, have dealers been known to include as freebies such things as mud flaps, roof rack, sun screen shade, bumper trim, rear air deflector?

    I obviously want the best deal, but do not want to be completely unreasonable.

    Thanks in advance
  • ztorinztorin Posts: 48
    That sounds pretty darn close to what I paid for the exact same vehicle, see my posts above. I paid $19,994 and that included Destination and dealer fees. Now, the addition of the 10/100,000 warrantee, tune-up and oil changes at no charge seems quite a bit fishy to me. Dealers make lots of money with the service department, so I'd be skeptical of that, and would ask to get that in writing and READ the fine print thoroughly. As far as the freebies, you can certainly ask, but when pricing get's that low, they may not want to add any more for you to sweeten the deal. I had my dealer throw in the carpeted floor mats (A MUST HAVE FOR THE ELEMENT, floors are VERY, VERY slippery and will scratch). You can probably get the mats thrown in, but as far as things thrown in that they have to "install", I would bet they don't go for it, but it certainly doesn't hurt to try. The price you were quoted is VERY competitive and you might sound unreasonable trying to have them throw in a few grand worth of extras in cost and labor to install. I'd try for the mats, leather steering wheel cover, and MOST DEFINITELY the cargo bins. I wish I had gone with the cargo bins, because you will soon find that groceries (especially) LOVE to fly around in the back, and anything else that's not tied down for that matter. The way-back is also pretty slick for things to slide around. They should make a carpeted mat for that section as well.
  • Hi,

    I just bought a green 2003 Element in the Atlanta area for a fantastic deal. It won't come w/out some work, but basically pulled out 18k on this EX AWD...and, this dealer pre-installs mudguards & the roof rack. I think there are only a handful of these 2003s around, however. Mine was manufactured in Dec 2003. I had a trade and insisted on atleast KBB trade-in value for it, although they initially offered much lower. I believe the best possible deal was made!
  • bshelbshel Posts: 232
    Congratulations - gg - great deal!
  • ztorinztorin Posts: 48
    I made it on the front page of the new "forums" page !! Thank you Edmunds !!!
  • mx_tangmx_tang Posts: 3
    I just got an out the door price for a 2004 2WD EX automatic w/side airbags for $20,400 ($18,658 which includes destination without tax, title, registration, doc fees, etc). My previous dealership, where I bought my 2003 Civic LX, quoted me $100 less but they're charging a higher tax rate and fees, which makes the out the door price $20,600 with some freebies. I can get the $20,400 price down to $20,300 through a price match or possibly $20,250 if I really sound like I'm going to walk on the deal, but would feel comfortable paying anything under $20,500. Should I ask the first dealer for any of the freebies (cargo nets, carpeted floormats, etc) or just settle with that price?

    It looks like the invoice + destination charge is $18922, so I'm paying $264 below invoice currently. I think the dealer holdback is $537 and $200 for the dealer advertising fee. Assuming they have all of the holdback and I'm paying $264 less than invoice, they still get roughly $273 + the advertising fees = $473 out of the deal.
  • bshelbshel Posts: 232
    Invoice (taking into consideration destination and dealer holdback) is 18,523 for that model. I would ask for carpeted floormats, as they seem to be valuable regarding slippage.
This discussion has been closed.