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Comments
Just checking in to say that I got a new 2016 Accord EX-L V6 out the door yesterday at $28.5k in Maryland.
I think the only incentive I qualified for was the $500 Honda financing, but there's also a $500 recent college grad program going on as well.
Cheers!
"I traded my 2014 Honda Sport w/18k for a 2016 sport which included mud guards, all weather mats, tint and lug nuts."
those mud guards are invisible; glad they included lug nuts - those 19 inch wheels are expensive
great deal in any case!
I'm looking for EX CVT in the Akron/Cleveland area. Any dealer you would suggest? I'm close to Park Honda in Akron but Great Lakes always has given my friends great deals. Would love to get the EX CVT for under 25k OTD, but the best I have gotten is around 25,850. A few offered 500 to go through Honda financial. Any tips would be greatly appreciated.
LX - $3,000 off MSRP
Sport - $3,500 off MSRP
EX - $4,000 off MSRP
EX-L - $4,500 off MSRP
Touring - $4,000 off MSRP
+ an additional $500 off if financing through Honda (1.9%)
+ a dealer doc fee somewhere around $150
+ extras/accessories (you're on your own here)
These are somewhat aggressive goals but certainly achievable with enough persistence. Don't be afraid to expand your search. Your local dealer will likely match even if it's out of market. While we may see some market changes come January 1 (likely against us), these won't become significantly better until Fall 2016 when the 17's come out. (You can likely expect another $800-$1,200 at that time.)
A few more recommendations:
Do your research before you hit their lot and notify them before you arrive of the vehicle stock number so they have it ready for you; makes negotiations quick, they know you're serious and willing to move on.
Go get 'em.
I am sharing my car buying experience with all , hope it will be helpful to those who are thinking of buying a new car.
I live in Orange County California.
Car purchased on December 28, 2015 : 2016 Honda Accord EX with Honda Sensing, White Exterior
MSRP on this car was $28115 and dealer invoice cast was $25777
Price paid $24000+ DMV and Sales Tax = Total OTD -Out the Door $26302.15
I don't have excellent credit, but I was able to get %2.2 for 72 months from a credit union.
My experience sharing with potential car buyers:
Online research helped me a lot to select the car I wanted and to get the right price. I read many forums. I am trying to return favor to online community through this comment.
I was doing online research for long time almost for 4 weeks. First up all I wanted to buy a 2-3 year old used car to save myself from big hit of depreciation cost which happens mainly in first 2 years, but then I wasn't able to find a car with all recent safety features. So finally I made my mind to get Honda Accord with Honda Sensing Features. I found these features are very cool and I am amazed to know how useful they are just after driving about 250 miles.
I didn't wanna spend another few thousand dollars to get Touring or EX-L trim, I found EX with Honda Sensing is 'Value for Money ' package.
Before settling on Accord I test drove many cars which were in my budget.
On Truecar.com best target price was $24554. My target was to get a deal better than that.
I read and experienced all dealership's strategies, marketing tactics.
In beginning , I visited neighborhood dealerships tried negotiations, but was worthless.
Dealers makes most of the money by selling you financing through them, by selling extended warranty , GAP insurance and selling(forcefully selling) accessories.
I have seen dealers charge anywhere from $500 to $1000 just for aftermarket alarm security system. After you buy car you can get this system fitted in your cars for way less money. They try to sell you wax polish packages, now a days factory paintings is so state of the art, I personally dont think it is important, at least not at expensive price from dealerships. Their GAP insurance is always very expensive, I got one through my Auto insurance provider for $15 per 6 month.
Anyways if you still want few useful genuine Honda (factory) accessories, you can always buy them later from any dealerships at discounted prices later, look for coupons on their websites under specials. Or just send emails to parts departments get quotations, ask for discount, and compare quotes.
Most of the dealerships want you to invite you to store instead of giving you upfront quotation by using their marketing tactics , please don't fall to their tricks , be a strong buyer, your goal should be save your hard earned money. They try to focus on monthly payment, instead you should tell them I am focusing only on sales price nothing else, do your monthly car payment calculations on google.
My advise to potential buyers:
When I decided I want to buy 2016 Accord EX with HS , what I did is went on autotrader.com, cars.com and carsdirect.com entered the car, trim level and color I am looking for. I searched for 200 miles radius around my residential zip code. I found as many as apx. 50+ cars were in stock at different dealerships in Orange, San Diego , LA , San Bernardino and Riverside counties.
Then I sent emails/messages to all these dealers through cars.com and asked them about my target price.
I started getting email replies to my inbox within few hours. Few dealerships sent me there internet pricing with there terms and condition in smallest fond size.
I went and visited one of the dealership which is about 40 miles away from home, found out they were playing games, when I went there they told me they did a mistake and accidentally quoted me different car, then finally agreed to honor the quote of $23500 but at condition to finance through them (Honda Financing) at ridiculously higher Interest rate, obviously I walked out of the dealership.
Then I came home and emailed these dealerships who had this particular car in stock, about written quote with OTD pricing on it, clearly told them I will not buy any extras.
I got 3-4 competitive quotes around $26300 OTD (~$24000+ tax and dmv) pricing in writing.
So on Monday 12/28/2015 I drove into one of the dealership who gave me $24000+ tax and Dmv quote.
Car had 2 miles on it, test drove it for 1 mile. Saw sticker had $995 alarm system added on it, told clearly to salesman that I am not gonna buy any extras. He said he will not change his words and there will be no surprises. Went inside after test drive. He printed the numbers on paper. The price he presented was exactly same as we agreed through email conversation. I signed the papers and option contract paid my down-payment through card. I reached at dealership at 7 pm and I was out with my brand new car at 8 pm.
(They took my signature on paperwork which says aftermarket alarm system $995 is disabled, but Honda remote lock should be good enough for me, or in future I might buy one aftermarket security system for around $200 (I already looked online) or will find a way to enable the aftermarket system which is already fitted on the car- If anybody know how to enable it, please let me know)
On next day, I emailed scanned purchased contract to the credit union who approve my auto loan, they prepared a check and mailed by overnight service to dealerships.
So I advise to secure your own car loan through your bank or credit union etc. Car dealerships always try to sell you expensive financing at higher rate , that is one of the way to make money for these dealerships. Do not buy any extras, politely say 'no extras'. I had Hondas and Toyotas before, they are reliable cars so personally I dont think extended warranty is worth it.
I advise all potential buyer to do car price negotiation same way, as I did. Or suggest me any improvement.
I hope my experience and advise will be helpful to online community.
Regards,
A 29 year old man living American Dream
I am sharing my car buying experience with all , hope it will be helpful to those who are thinking of buying a new car.
I live in Orange County California.
Car purchased on December 28, 2015 : 2016 Honda Accord EX with Honda Sensing, White Exterior
MSRP on this car was $28115 and dealer invoice cast was $25777
Price paid $24000+ DMV and Sales Tax = Total OTD -Out the Door $26302.15
I don't have excellent credit, but I was able to get %2.2 for 72 months from a credit union.
My experience sharing with potential car buyers:
Online research helped me a lot to select the car I wanted and to get the right price. I read many forums. I am trying to return favor to online community through this comment.
I was doing online research for long time almost for 4 weeks. First up all I wanted to buy a 2-3 year old used car to save myself from big hit of depreciation cost which happens mainly in first 2 years, but then I wasn't able to find a car with all recent safety features. So finally I made my mind to get Honda Accord with Honda Sensing Features. I found these features are very cool and I am amazed to know how useful they are just after driving about 250 miles.
I didn't wanna spend another few thousand dollars to get Touring or EX-L trim, I found EX with Honda Sensing is 'Value for Money ' package.
Before settling on Accord I test drove many cars which were in my budget.
On Truecar.com best target price was $24554. My target was to get a deal better than that.
I read and experienced all dealership's strategies, marketing tactics.
In beginning , I visited neighborhood dealerships tried negotiations, but was worthless.
Dealers makes most of the money by selling you financing through them, by selling extended warranty , GAP insurance and selling(forcefully selling) accessories.
I have seen dealers charge anywhere from $500 to $1000 just for aftermarket alarm security system. After you buy car you can get this system fitted in your cars for way less money. They try to sell you wax polish packages, now a days factory paintings is so state of the art, I personally dont think it is important, at least not at expensive price from dealerships. Their GAP insurance is always very expensive, I got one through my Auto insurance provider for $15 per 6 month.
Anyways if you still want few useful genuine Honda (factory) accessories, you can always buy them later from any dealerships at discounted prices later, look for coupons on their websites under specials. Or just send emails to parts departments get quotations, ask for discount, and compare quotes.
Most of the dealerships want you to invite you to store instead of giving you upfront quotation by using their marketing tactics , please don't fall to their tricks , be a strong buyer, your goal should be save your hard earned money. They try to focus on monthly payment, instead you should tell them I am focusing only on sales price nothing else, do your monthly car payment calculations on google.
My advise to potential buyers:
When I decided I want to buy 2016 Accord EX with HS , what I did is went on autotrader.com, cars.com and carsdirect.com entered the car, trim level and color I am looking for. I searched for 200 miles radius around my residential zip code. I found as many as apx. 50+ cars were in stock at different dealerships in Orange, San Diego , LA , San Bernardino and Riverside counties.
Then I sent emails/messages to all these dealers through cars.com and asked them about my target price.
I started getting email replies to my inbox within few hours. Few dealerships sent me there internet pricing with there terms and condition in smallest fond size.
I went and visited one of the dealership which is about 40 miles away from home, found out they were playing games, when I went there they told me they did a mistake and accidentally quoted me different car, then finally agreed to honor the quote of $23500 but at condition to finance through them (Honda Financing) at ridiculously higher Interest rate, obviously I walked out of the dealership.
Then I came home and emailed these dealerships who had this particular car in stock, about written quote with OTD pricing on it, clearly told them I will not buy any extras.
I got 3-4 competitive quotes around $26300 OTD (~$24000+ tax and dmv) pricing in writing.
So on Monday 12/28/2015 I drove into one of the dealership who gave me $24000+ tax and Dmv quote.
Car had 2 miles on it, test drove it for 1 mile. Saw sticker had $995 alarm system added on it, told clearly to salesman that I am not gonna buy any extras. He said he will not change his words and there will be no surprises. Went inside after test drive. He printed the numbers on paper. The price he presented was exactly same as we agreed through email conversation. I signed the papers and option contract paid my down-payment through card. I reached at dealership at 7 pm and I was out with my brand new car at 8 pm.
(They took my signature on paperwork which says aftermarket alarm system $995 is disabled, but Honda remote lock should be good enough for me, or in future I might buy one aftermarket security system for around $200 (I already looked online) or will find a way to enable the aftermarket system which is already fitted on the car- If anybody know to enable it, please let me know)
On next day, I emailed scanned purchased contract to the credit union who approve my auto loan, they prepared a check and mailed by overnight service to dealerships.
So I advise to secure your own car loan through your bank or credit union etc. Car dealerships always try to sell you expensive financing at higher rate , that is one of the way to make money for these dealerships. Do not buy any extras, politely say 'no extras'. I had Hondas and Toyotas before, they are reliable cars so personally I dont think extended warranty is worth it.
I advise all potential buyer to do car price negotiation same way, as I did. Or suggest me any improvement.
I hope my experience and advise will be helpful to online community.
Regards,
A 29 year old man living American Dream
Selling price 28182
Sales tax 2180
tag/reg fees 134
doc fee 500
total came out to 31000
they put 500 towards the down payment so my price was 30500 OTD
Vehicle: 2016 Accord Sport
Payment Monthly: $225 (tax included)
Months: 39
Mileage Per Year: 12k
Money Down. $135 (registration)
Sticker: $25,800
Selling price: $21,731
Cap cost: 22,595
Honda EX (w/Sensing) Vehicle Price: $24,700, received $500 Cash Rebate through HFS and I made a $500 down payment. With TTL, OTD was $25,989.63 (26,490 without my down payment).
I did get much better deals from two dealers in the DMV region (Tyson's & Chantilly), but I was too tired to make the over 8 hour round trip from NYC.
I just need to find some decent wheel locks now plus an alarm system with tilt sensors that can be integrated with the Honda FOB key. Any recommendations?
All the best.
Did you get my reply? I got the accord in elk grove.
selling price, including destination, was $30,616.54 (window tint and wheel locks were included).
I also got quote for Camry 21285 OTD.(This with Costco discounted).
25,300 no taxes or fees including a 500 discount for financing through honda for military.OTD TTL and fees 27,500. This is whatever color i want and a 1.9 aprfor 60 months
Can you give me the dealer info and breakup? any accessories? What about financing?
Am looking for Accord EX 2016 (Without sensing). Am asking dealer OTD for $23,000. But dealer is ready to give it OTD price $24,850. Please let me know what will be the best price OTD for Accord EX 2016.
Thanks
If you know any dealer offering these prices in and around Atlanta. please let me know.
Here she is the exl with the larger rims.
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Edmunds Moderator
Do you think there's wiggle room below $30,616 now that we're in February?
Thanks