2017 Honda Accord Deals and Prices

descovy1

My update on the Accord EX with Sensing in the Houston area.

I bought the car today at Honda of Spring.  $23083 plus TTL and destination.  Brought the Out the door price to $25,899.

The car has no dealer add ons.  Zero.  Really.  Every other dealership I dealt with in Houston applied stuff to the car no matter what.

I negotiated the price online, and he stuck with it.  Got the 0.9% financing, and the finance department was painless enough.  Told me about GAP, maintenance plans, all that crap.  But was easy with a no thank you.

Arrived at the dealer 11am, left before 1pm.  I think I got a good price, and a decent enough experience.

One note of interest.  I work part time, ($15k a year) which means I have the time to deal with dealerships and drive around. But I am not the breadwinner.  My husband is.  The Spring Dealership is a good 80 miles from his work.    So we were expecting me to go in, check it out, and leave if something went wrong. (Not wasting my husband's work day)  Or wait for him to come from work to sign for the financing (jointly) since I don't make the income.

I have a 800 Fico score.  They financed it all to me.  Did not need to apply jointly like we expected.

gmanusmc

@descovy1

You did a great job - hope it didn't hurt hubby's ego - haha.

Congrats and enjoy your new Honda!!

1sebringnow

Now that we are into Q2, does anyone know what kind of incentives Honda is offering or has extendede? It appears that the $1,000 dealer cash has been extended, but what about any additional funds ($1,000) if you finance through Honda Financial? Of course if there is something more, sharing would be much appreciated.

kyfdx

1sebringnow said:

Now that we are into Q2, does anyone know what kind of incentives Honda is offering or has extendede? It appears that the $1,000 dealer cash has been extended, but what about any additional funds ($1,000) if you finance through Honda Financial? Of course if there is something more, sharing would be much appreciated.

Same incentives as last month.

petercx7

Got a EXL hybrid white/ivory yesterday

Cash Price vehicle:$26593
Accessories:$699
title:$80
License$179
$registration $111
Tire fee $8.75
Dealer chipped in $500
Total OTD with tax $29921

brian125

petercx7 said:

Got a EXL hybrid white/ivory yesterday

Cash Price vehicle:$26593
Accessories:$699
title:$80
License$179
$registration $111
Tire fee $8.75
Dealer chipped in $500
Total OTD with tax $29921

Congrats Enjoy your new ride. Can u share what state your purchased ? Name of dealership ?

9onthebreak

Looking to buy a 2017 Accord Sport in south jersey / Philadelphia area , any suggestions for dealers

amynkvirani

Hey guys

I got the following deal from Fairfax Honda for a lease Honda Accord 2017 LX.

This is the deal I got first and I signed it as well.


But after 3 weeks, they contacted me again and said that they would like me to sign another lease agreement as they were unable to provide the money factor that was stated earlier.

Since they knew I would not agree to sign another contract since I already got the car, they increased the money factor but reduced the cost of the car to provide me with the same monthly payment. Below is the new deal.


Please share your thoughts if this is a good deal or not since this was my first experience getting a new car. So please be very frank and share your thoughts since I would like to learn from this experience.

Note that I had no credit score so my uncle was a co-signer who had a credit score of > 800.

Thanks.

gmanusmc

@amynkvirani

Looks like the dealer made a mistake on the money factor and needs to correct the paperwork. They are doing the right thing though by lowering the sale price to keep your payment the same.

You got a very good deal by the way at about 23% off msrp even with doc fee added in.
Almost $4k below invoice - nice!

Congrats and enjoy your new Honda!!

kyfdx

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

carhunt2017

For Honda Accord EX 2017 with Honda Sensing, I have been offered OTD of $25,900 (Price: $23,300). I am a new grad and I have not informed yet about it. So, I will probably get it at $25,400. Is it a good deal? (I live in Southern California)

ibtouring17

Finally!!!!

So, last night, I drove off the lot with a 2017 Accord Touring (Modern Steel)... no big deal

Sale price $29,563.37
docs $80
taxes $2445.58
fees $352.75
OTD $32442.70
flex cash ($500) <--- Used for down payment

technically, the quote was $31,943.70 OTD but they, for some reason, could only apply flex cash towards down payment... I didn't argue, by this time I was already at the dealership for 6 hours...

kyfdx

ibtouring17 said:

Finally!!!!

So, last night, I drove off the lot with a 2017 Accord Touring (Modern Steel)... no big deal

Congrats!

gmanusmc

ibtouring17 said:

Finally!!!!

So, last night, I drove off the lot with a 2017 Accord Touring (Modern Steel)... no big deal

Sale price $29,563.37
docs $80
taxes $2445.58
fees $352.75
OTD $32442.70
flex cash ($500) <--- Used for down payment

Great job - congrats on the new Honda!!

catoars

Looking to purchase either a touring or EXL V6 with sensing. I'm in Austin but could easily go to San Antonio or Dallas to make purchase.
Can anyone help in regard to what sort of price I should be targeting for this area?

Thanks!

teetimo

9onthebreak said:

Looking to buy a 2017 Accord Sport in south jersey / Philadelphia area , any suggestions for dealers

Hamilton Honda and Princeton Honda outside of Trenton offer competitive pricing.  

1sebringnow

Ibtouring17, thanks for posting. Could you please post State and Dealership? Enjoy your new ride!

ibtouring17

1sebringnow said:

Ibtouring17, thanks for posting. Could you please post State and Dealership? Enjoy your new ride!

Thanks!! I'm in California. I bought from Mel Rapton Honda in Sacramento, good luck!!

1sebringnow

ibtouring17 said:

1sebringnow said:

Ibtouring17, thanks for posting. Could you please post State and Dealership? Enjoy your new ride!

Thanks!! I'm in California. I bought from Mel Rapton Honda in Sacramento, good luck!!


Thanks for sharing!

dkg11

What is the "Flex Cash" for $500 bucks people have been quoting recently?  And is this different that Dealer Cash?  Almost looks like credits towarda down payment when you finance through Honda?  If so, should this not be factored in when negotiated car price?

kyfdx

dkg11 said:

What is the "Flex Cash" for $500 bucks people have been quoting recently?  And is this different that Dealer Cash?  Almost looks like credits towarda down payment when you finance through Honda?  If so, should this not be factored in when negotiated car price?

We don't have any info on that.

ibtouring17

dkg11 said:

What is the "Flex Cash" for $500 bucks people have been quoting recently?  And is this different that Dealer Cash?  Almost looks like credits towarda down payment when you finance through Honda?  If so, should this not be factored in when negotiated car price?

Flex cash seems to be an extra $500 (dealer cash) towards your down payment. When the dealer quotes you they insinuate the price is $500 lower but in reality it's like a payment.

daniel818

Hello, just purchased a 2017 EX-L V6, without the Navi/Honda sense, and got what I thought was a great deal. MSRP for 31870, got it for $26,250 plus about another hundred in dealer fees. Tax/title/license added to that prices - would have been the same everywhere else.Total OTD price - $28,679

Deal included $500 flex cash, which is basically Honda basically giving the dealership $500 if the purchaser finances through Honda Financial, which is what I did (they have a .9 percent promo for 60 months). Got this at Galpin Honda in southern california. E-mailed 14 dealers and they came up with the best price by about $300.

bluemkn57cars

It looks like Flex cash is making a come back this year. 

From my experience nearly 4 years, not all dealers will have Flex cash. It is applied towards the down payment of a purchase when you finance through Honda Financial Services (HFS). Hence before negotiating the sale price of a car, find out what dealer(s) have Flex cash. Then, focus on negotiating the sale price without Flex cash into account.

Fyi, the money comes from Honda so do not let any dealers tell you otherwise. Flex cash does run out, so make sure you take advantage of it if you plan to buy before the 2018 models are on dealer lots.

gmanusmc

@daniel818

Very nice deal - great job!

Congrats and enjoy your new Accord!!

benjaminh

Has anyone gotten $6000 off an Accord Hybrid?

1sebringnow

Blue, thanks for the great info as always!

tatsea

I got 7k off an Hybrid EXL in San Dieo

dkg11

daniel818 said:

Hello, just purchased a 2017 EX-L V6, without the Navi/Honda sense, and got what I thought was a great deal. MSRP for 31870, got it for $26,250 plus about another hundred in dealer fees. Tax/title/license added to that prices - would have been the same everywhere else.Total OTD price - $28,679





Deal included $500 flex cash, which is basically Honda basically giving the dealership $500 if the purchaser finances through Honda Financial, which is what I did (they have a .9 percent promo for 60 months). Got this at Galpin Honda in southern california. E-mailed 14 dealers and they came up with the best price by about $300.

Hi.   Wasn't your true price the new 28,169.33 with the flex cash?  Or did the dealership incorporate that into the discount?  My understanding wasn't Flex cash wasn't completely separate from purchase price.  

amynkvirani

kyfdx said:

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

Thanks for the response @kyfdx and @gmanusmc .

I had a followup question that is not specific to my car but in general leasing a car.

At the end of the lease, if I decide to buyout, why do people say that it would cost a lot more as compared to financing the car in the first place? how exactly would I be paying more if I decide to buyout?

Thanks again guys.

kyfdx

amynkvirani said:

kyfdx said:

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

Thanks for the response @kyfdx and @gmanusmc .

I had a followup question that is not specific to my car but in general leasing a car.

At the end of the lease, if I decide to buyout, why do people say that it would cost a lot more as compared to financing the car in the first place? how exactly would I be paying more if I decide to buyout?

Thanks again guys.

$595 acquisition fee
Possibly higher rate financing the buyout as a used car vs. low new car finance rates.

amynkvirani

kyfdx said:

amynkvirani said:

kyfdx said:

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

Thanks for the response @kyfdx and @gmanusmc .

I had a followup question that is not specific to my car but in general leasing a car.

At the end of the lease, if I decide to buyout, why do people say that it would cost a lot more as compared to financing the car in the first place? how exactly would I be paying more if I decide to buyout?

Thanks again guys.

$595 acquisition fee
Possibly higher rate financing the buyout as a used car vs. low new car finance rates.

Yeah I see the acquisition fee. But if I decide to pay the full amount in cash, wouldn't that be a better deal? If I were to finance this same car instead of leasing, I would have had to pay a similar APR but for 5 years. I do see now that there may be some difference but it would be a very minor one.

kyfdx

amynkvirani said:

kyfdx said:

amynkvirani said:

kyfdx said:

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

Thanks for the response @kyfdx and @gmanusmc .

I had a followup question that is not specific to my car but in general leasing a car.

At the end of the lease, if I decide to buyout, why do people say that it would cost a lot more as compared to financing the car in the first place? how exactly would I be paying more if I decide to buyout?

Thanks again guys.

$595 acquisition fee
Possibly higher rate financing the buyout as a used car vs. low new car finance rates.

Yeah I see the acquisition fee. But if I decide to pay the full amount in cash, wouldn't that be a better deal? If I were to finance this same car instead of leasing, I would have had to pay a similar APR but for 5 years. I do see now that there may be some difference but it would be a very minor one.

You are still out the $595 that you wouldn't be with a purchase.
Paying cash vs.financing changes the result, but that isn't apples to apples.
You could just pay all cash for the car when new, and that would be the lowest cash outlay of all, but it's not a fair comparison.

daniel818

dkg11 said:

daniel818 said:

Hello, just purchased a 2017 EX-L V6, without the Navi/Honda sense, and got what I thought was a great deal. MSRP for 31870, got it for $26,250 plus about another hundred in dealer fees. Tax/title/license added to that prices - would have been the same everywhere else.Total OTD price - $28,679









Deal included $500 flex cash, which is basically Honda basically giving the dealership $500 if the purchaser finances through Honda Financial, which is what I did (they have a .9 percent promo for 60 months). Got this at Galpin Honda in southern california. E-mailed 14 dealers and they came up with the best price by about $300.

Hi.   Wasn't your true price the new 28,169.33 with the flex cash?  Or did the dealership incorporate that into the discount?  My understanding wasn't Flex cash wasn't completely separate from purchase price.  

Hello, you are correct that the Flex cash is considered separate from the purchase price. My true purchase price was still $28,679 - the quote received from the dealer included that $500 in the discount savings. When I actually went to sign the paper work, the purchase price was approximately $500 higher than what was quoted in my screenshot above, but then the $500 flex cash was applied as a down payment. Total financed price was still the same as quoted above, 

brian125

kyfdx said:

amynkvirani said:

kyfdx said:

amynkvirani said:

kyfdx said:

Agreed. Their money factor mistake cost them $500. You could reasonably assume that you would have been paid more initially, without that mistake.

Great deal.

Thanks for the response @kyfdx and @gmanusmc .

I had a followup question that is not specific to my car but in general leasing a car.

At the end of the lease, if I decide to buyout, why do people say that it would cost a lot more as compared to financing the car in the first place? how exactly would I be paying more if I decide to buyout?

Thanks again guys.

$595 acquisition fee
Possibly higher rate financing the buyout as a used car vs. low new car finance rates.

Yeah I see the acquisition fee. But if I decide to pay the full amount in cash, wouldn't that be a better deal? If I were to finance this same car instead of leasing, I would have had to pay a similar APR but for 5 years. I do see now that there may be some difference but it would be a very minor one.

You are still out the $595 that you wouldn't be with a purchase.
Paying cash vs.financing changes the result, but that isn't apples to apples.
You could just pay all cash for the car when new, and that would be the lowest cash outlay of all, but it's not a fair comparison.

Some other factors you could calculate...... Incentive / Rebates Finance vs Lease.

brian125

Forum members if you don't mind traveling for the sale and R close to MD it pays to email dealers for pricing.

You could secure deals that's are over 3k below Invoice price plus the 500 dollar flex cash that is being offered.

ziyulu

I got an agreed price of $24K even for a 2017 Honda Accord EX-L. Is this a good deal or can I do better?

1sebringnow

ziyulu said:

I got an agreed price of $24K even for a 2017 Honda Accord EX-L. Is this a good deal or can I do better?

It depends on a lot of factors. Is that the cost of the car before doc fee's? Were there any items added onto the car? It also depends on where you are located. On its face it doesn't appear to be a bad deal, but you need to share more info.

1sebringnow

The 1st quarter appears not to be so good for Honda. They reported a drop of approximately 24,000 total units or a 9% decrease of 2016 for the same period. In April 6,000 fewer Accords were sold when compared to the same period in 2016 and 19,000 fewer for quarter 1. This means that ACCORD is accounting for 75% if the reduction in sales Honda is seeing. I have yet to see any indication that output from last years levels are being curtailed. All of this means that great deals could be available for Accord buyers in the not to distant future.

kimkim6887

Does anyone have suggestions for dealers in Metro Detroit offering aggressive pricing?

iwantadeal

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

kyfdx

iwantadeal said:

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

What term and mileage?

iwantadeal

kyfdx said:

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

What term and mileage?

12k/36 months. 

kyfdx

iwantadeal said:

kyfdx said:

iwantadeal said:

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

What term and mileage?

12k/36 months. 

Looks like a very good deal. Tax rate around 7%?

brian125

kimkim6887 said:

Does anyone have suggestions for dealers in Metro Detroit offering aggressive pricing?

Try Ferndale and Suburban Honda only 2 dealers I know where members I helped get good deals.

There's not much pricing info I have on your area . You need to do some homework yourself for pricing.

Use the Honda dealerater for your area and outside the metro area. Once you make a list of 10 to 15 dealerships

Email / call targeted dealerships Internet dept. / mgrs. for there best price. POST BACK WHAT PRICING YOUR RECIEVING AND WILL TAKE A LOOK .

Try to buy vehicle... last 2 days, last day of this month. That's where your best deal and lowest price will be with the two dealerships I mentioned.

iwantadeal

kyfdx said:

iwantadeal said:

kyfdx said:

iwantadeal said:

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

What term and mileage?

12k/36 months. 

Looks like a very good deal. Tax rate around 7%?

Yes, 7% in Indiana:) Think it would be any better towards the end of the month? The other dealers were 23,500 and wouldn't budge! Thanks!

kyfdx

iwantadeal said:

kyfdx said:

iwantadeal said:

kyfdx said:

iwantadeal said:

We were just offered the deal below yesterday on the 2017 Sport SE. I called/emailed a few other dealers and none of them would touch this price. Wondering if this is a good deal??

MSRP-27,190
Sales Price-22,274
Cap cost- 22,600 (Includes 595 acquisition fee, 199 doc fee, 31 reg fee, plus 500 cap reduction from honda) Monthly pmt-219, with tax pmt is $235
Residual-15,498
Only First payment due upfront-235

What term and mileage?

12k/36 months. 

Looks like a very good deal. Tax rate around 7%?

Yes, 7% in Indiana:) Think it would be any better towards the end of the month? The other dealers were 23,500 and wouldn't budge! Thanks!

Beats me..

mongols80

Hi all, I'm new to the site. I just purchased a 2017 Honda Accord sport SE in White at Sport Honda in silver spring Maryland.
 OTD is $23,789. 
$20,977 plus processing fee $299, destination $875, tax $1359, tag/title $279, $500 flex cash.  It came with side molding and wheel lock. I think I had a good deal. Also approved for 1.9% for 72 months, monthly of $350. 
What do you guys think of this deal. Thanks!

brian125

2800 below invoice after doc fee . Good deal in..... MD. .... was dealership Silver springs?

mongols80

brian125 said:

2800 below invoice after doc fee . Good deal in..... MD. .... was dealership Silver springs?

Brian, yes in silver spring md, I bought my 2015 pilot special edition there too for 30k OTD, good people  at that dealership