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Welcome to the Forum and keep us posted on how you like the two Civics.
I and my wife enjoy driving the new civics. However I have not seen any other new civic on the streets yet. I wish I could wait until January 2006 to get $2100 teax credit instead of gettin $2000 deduction now.
You cannot legally drive an unregistered vehicle on a public road.
Has the IRS even published the numbers or details of the tax credit yet? If so, where can I find that information?
Let me know and thanks,
Warner
If the IRS follows true to form, they will not publish the changes to the tax code until late next year.
The dealer has two days to notify your existing insurance carrier and you transfer the coverage to the new vehicle.
Check the DMV in your state and your insurance carrier to be on the safe side.
As far as the $2100.00 tax credit my hunch is that dealers will jack up the MSRP knowing the tax credit will take some of the sting out of it.
You'll probably still save but if you can get a good buy on a 2006 HCH before January 1 you may not loose that much,supply is tight and you have to be in the right place at the right time to find one.
I did succumb to the Honda Care extended warranty: 5 yrs/100K, no deductible, bumper-to-bumper, full premium refund at end of warranty if no claim is made. Paid $1900.00 for this. Don't know if I paid too much since I did not research the recent prices paid for the Honda Care warranty.
Now comes the long wait to get my HOV stickers
Here are some examples:
http://www.jayhondacare.com/Civic_Hybrid.htm
http://www.hondawarrantyinfo.com/
http://www.curryhondacare.com/pricing/index.cfm
The same Hondacare 5 year, 100,000 mile warranty can be purchased (online) from College Hills Honda for $745. Hopefully you are able to cancell the one you bought, or at least renegotiate the price down $1,100 or so.
College Hills Honda
Warner
I agree with you I wish I had known this and wait until January 1, 2006 to benefit from the new law. Anyway,
I picked it up now because I wanted it badly (no impilse control). I did realize that there was a better tax break in 2006, but wanted to get my HOV application process going as soon as possible.
I have to wait for my registration/plates from the DMV before I can apply for the FastTrac transponder, then after getting that, applying for the HOV stickers. Hopefully, there will be one left for me.
Wow! I just checked invoice price and your quote is only $100 over invoice!
If you would not mind, please share the name of the dealer after you make your decision, I'd like to obtain this good of a price.
Does anybody have (or has seen) opal blue silver color? We are going to order a 06 hybrid, but that's the only color option for Jan delivery. They don't have any stock, so I can't check the color.
Is it light blue color? Or it's almost silver with a little bit of blue tint?
Can anybody tell me?
Another question is...
When you preordered yours, did you get yours on the day (or before) that they said it will be ready? Or often times, it gets furthur delayed. I really need to have a new car by the second week of Jan and that's the time that they said my car will get here, but I don't want to take a risk. So now I am considering buying a prius or some other cars....
In response to:
"The Feds give you a tax-credit of $2,100 which comes off your AGI at tax-time saving you around $525 on your taxes."
Actually, the tax saving is a credit, not a deduction, so $2100 will come off the total amount of tax that you owe (if you don't have to pay AMT in 2006). So, it's worth a full $2100.
I would dare say that most people shopping for the conventional Honda Civic don't shop for the HCH. Also, I would think that most people shopping for a hybrid car are not in it for the savings. There are multiple other reasons for doing so.
For me... I have a drive a long way to work.
As for the battery pack... In CA, the battery pack is warranted for 10 years, 150k miles.
If a hybrid is not for you. That's fine. Get your facts straight before you decide and don't judge others. Those of us who are willing to pay for the technology now are bringing it closer to YOUR hands in the future. :shades:
And 30 MPG is the city rating on the new Civic. Unless you are driving ONLY in city traffic, you should do better that averaging 30 MPG in the standard Civic.
Warner
No disrespect intended hchryder, but I think you are the one who needs to get his facts straight. From irs.gov.
"If you are the original (first) owner of a qualifying hybrid vehicle — one that combines an electric motor with a gasoline-powered engine — you may be eligible to claim a one-time tax deduction on your federal income tax return.
Under the Working Families Tax Relief Act of 2004, the deduction amount is limited to $2,000 for cars first put into use in 2004 and 2005. the deduction will be limited to $500 for vehicles placed in service in 2006, and no deduction will be allowed after that year."
I'm no tax expert, but I believe a deduction is something that comes off your AGI.. not your tax owed. If your Honda dealer told you it was "credit" off your taxes.. they lied. (Gee.. I'm shocked.. shocked I tell you.) In addition, it looks as though the deduction from AGI has been lowered to only $500 as of Jan. 1st. Might save the average joe a hundred bucks or so off his taxes.
My point is.. Hybrids never save you money. In fact, just the opposite is true. You pay through the nose for them, in both the short and long term.
You are, however, quite right when you say that early adopters like yourself will help bring this technology down in price for the masses. But there will always be the issue of the costs involved with replacing a very expensive battery pack. Is your CA battery pack "warranty" pro-rated? I'd be surprised if it wasn't.
The purchase price of a car is not the main component of it's cost... That would be depreciation.. It is the difference between purchase price and resale that is the major component of a vehicle's cost of operation.
Now.. let's get back to actual Prices Paid.
Thanks,
kyfdx
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See this website for details on 06 Tax CREDIT.
It is indeed a tax credit worth ~ $2,100 today (after Jan. 1, 2006) vs. the $2,000 deduction from years gone by.
Paying MSRP? Why? There are those even in the state of CA. that have picked their HCH-II’s up for less then $500 under MSRP. Psyshack posted a Honda dealership in OK. that is letting them go for $500 over invoice!
Good Luck
Wayne R. Gerdes
From a top down instead of bottom up view, I purchased the HCH and money savings was not the top priority vs. the time savings gained. As the saying goes 'time really is money' for a lot of folks, the time-savings byproducts (i.e., more sales visits) should/could be calculated in this breakeven scenario. Yes, the incentives from the gov't, some employers (i.e., Google) some free parking, etc. etc. are nice too, but also just looking at the freakin' maintenance/support costs of my much moooore expensive car, this HCH is a great value, as well as a fresh looking vehicle vs. the Prius. So, I would have to hope that for more than a few of us, it is not impossible to come out ahead here. Thx
This is what I'm paying for the 06 Civic Hybrid Auto Trans no Navigator( my mistake) in Connecticut
MSRP$22,400.00
No State Taxes(Thank u Governor)
Federal Taxe reduction $2100.00 (Thank u Mr Bush(barf barf)
Dealer process fee.$159.00
Registration. $155.00
I bought the extended Warranty for an extra 4 years for a total of 7 years for $1170.00.$70.20 taxe(I'm getting tired of fixing cars in the cold,not such a bad deal.
The only thing that I could of done without was the VIN etching cost $169.00(I'm getting soft)was already on the car
So total $24,123.20
I'm very happy to keep it under 25 Gs
I think it took nearly 4 months of waiting.
My wife will be happy.
Currently I am averaging 44.7 MPG (combined city / hwy) on my HCH with 1200 miles on it. I can say, it sure is nice to not even consider filling up the car until I reach 550 miles of driving. As mentioned, I have only 1200 miles on the car and have only filled it up twice. At last fill up the computer was showing average mpg to be 41.4 mpg but when I did the simple math it came out to 44.7 mpg.
/direct/view/.ef0eeb7/759!make=Honda&model=Accord&ed_ma- keindex=.ef0eeb7
So happy hunting for the best price everybody
Good luck
I just purchased my third Honda. Similar to the two prior experiences, the car I wanted was hard to find. Like the first one, we couldn't drive the car before placing the order.
On our latest purchase we paid a $500 deposit on October 15th, 2005. The dealer quoted us a delivery of six weeks. The price was list plus a $350 handling charge. Needless to say, the car didn't show in six weeks. At that time, the salesperson said it would show in a couple more weeks, before Christmas.
We finally get a call from the sales manager on Christmas eve, alerting us that the car would be in the following week.
Since it was less than a week from the end of 2005, I asked him if we could wait till after the first of the year to close the deal, so that we could take advantage of the new tax credit. He said, "No."
Twice I asked him when he could deliver a car in 2006 if I passed on this car. In both instances, he refused to answer. They had no problem quoting a delivery date back in October.
Three times, I asked him if we could purchase the car in December, but take delivery in January. The answer was always, "No."
I purchased and took delivery of the car on December 27th. How much more money did the salesman, sales manager, and honda make by coercing me into buying the car five days before I was eligible for a $2100 tax credit?
Will I be taking the car to them for service?
"No!"
Will I refer anyone to their dealership?
"No!"
Am I going to enjoy cancelling the expensive Honda Care warranty I purchased from them now that I know I can get it for less online?
"Yes!"
Do I owe Burt/Kuni Honda of Centennial, Colorado, or Honda of America any favors?
"No!"
It is a great car as has been my two previous Hondas. I guess you can't have it all.
love the car,very well made.
Since filing complaints with N. America Honda and the relevant BBB and getting their confirmation, I've only heard lame excuses from Tracy Honda that I can easily counter with my saved emails and VOICEMAILS!
After reading more and more of the Honda sales EPISODES and no real sufficing answers from Honda Corp., they're in essence condoning these sleeze tactics and letting their sales slugs maximize sales in any way on these great cars and leveraging the plight of the U.S. automakers.
Basic business 101 rules will show the longer term ramifications of letting a few resourceful unhappy buyers vent their unhappiness.
First of all, this dealership treated customers as all of us would want to be treated - courteously, honestly, and fairly. No gimmicks, no high pressure sales tactics, etc. It was an honest pleasure working for them, and working with customers in finding the correct vehicle to fit their needs and budget.
Reading the horror stories here on purchasing a Honda doesn't surprise me, as I've experienced similar experiences with Honda dealerships. The cars are wonderful, but that's not necessarily the case with the dealerships. I think quite a bit of this is one of attitude and arrogance. When you have a car that essentially sells itself, a salesperson really doesn't have to work very hard to make a sale. If a buyer moves on to another car brand or to another dealership, there are other buyers effectively waiting in line to buy that car. This arrogance will eventually bite the respective dealer, and perhaps even Honda.
Although Honda has great products, they need to be aware of this problem. Otherwise, their market share may be affected. I've seen similar tactics at Toyota dealerships, and most likely, it's for the same reasons. Both Honda and Toyota should be looking over their shoulders (don't laugh here!) at Hyundai. Hyundai's build-quality and reliability are approaching the levels most of us equate to Honda and Toyota with each new model. If you don't believe me, take a very close look at their current product line. Hyundai effectively is mirroring a very similar business model, product improvement, and growth as Toyota back in the '70s and '80s. It's almost analogous to electronics manufacturing . . . USA, Japan, Korea, and then China. It will be interesting to look back at the auto manufacturing trend in the year 2020 or so, and see if this occurs in this market. The Chinese are ready to jump into the USA market with at least two manufacurers.
Again, let's hope Honda corporate keeps its eye on their dealerships.
Why did I buy the HCH? 1) Cool technology, 2) super low emissions, 3) Honda reliability, 4) after driving fire-breathing gas-snorting sports coupes and SUVs, it's finally time I grow up. Our nation commutes in a cushy silo of comfort, easily forgetting that in doing this we rely on oil from distant lands where people don't like us much, where our boys and girls fight and die. We all bear some responsibility for this, and it's about time I took mine. I really don't feel like I'm sacrificing anything. The HCH seems to be a great car, and I'm very happy so far. As far as the cost justification of the hybrid vs. Civic LX or EX, that's really not a primary concern for me, though the tax credit is certainly welcome. It should be better. The president's energy plan, overall, is a sorry disappointment.
I'll follow up with my feedback after driving for a month or so. I'm gonna make a game out of getting the best mpg I can-- is 50 possible? Maybe not, we'll see! Whatever the mileage turns out to be, it's pretty likely to be more than double what I got in my previous car.
I am looking forward to the improved mileage I will get over my CR-V (Which was great as well)!
It made me a little leery because the site said the tires were discontinued (selling for $40 per tire).
Is this the tire other 06 HCH owners have on their cars? I would hope that Honda of Japan wouldn't be putting disposable (cheap) tires on their cars? When I asked Honda of America they weren't much help. They just said you either get bridgestones or dunlops -didn't know what specific model. :confuse:
My advice, if at all possible is to save for that new car and not pay any lending institution.
I guess that with money being as expensive as it is, it's kinda hard to subvent rates.
Most of our customers are using credit unions which are about a point below Honda.