Is this a good price for a Civic Hatchback?
newbiebuyer1
Member Posts: 1
I have been offered an out the door price of $25,500 for a 2017 Honda Civic Hatchback EXL w/ Navigation. Vehicle will be registered in Chicago, Cook County. Is this a good price?
Tagged:
0
Comments
Backing out 10%, I get a selling price around $23,000. MSRP is $26,135 with destination and TMV is coming in at $25,672. So you're out the door a little bit below the average selling price. That's good.
On a percentage basis, assuming my backward selling price calculation is close, you're about 12% under MSRP. That's good too.
Nice rides, we test drove one a month or so ago. Not convinced about the passenger seat, wish it was as adjustable powered in the XLE as the driver's side is. I was really impressed with the LaneWatch. Honda Sensing wasn't available yet when we were looking.
Good luck and let us know how the negotiating goes.
MSRP: $23,635
offered price of $21,062 + tax/tags
is this a good price? Thanks!!
Watch out for any other fees besides tax/tags, especially if you are buying in Florida.
There is a doc fee for $300 that was on every MA dealership quote I received, so I guess I am really paying $21,362. Most of the quotes were over $22k
$300 is only about $250 too much. $700 to $900 doc fees are common in Florida so it could be lots worse.
Enjoy the new ride!.
I think that's pretty good for your area. The True Market Value average price paid there is $20,565.
The usual range is 8 to 12% below MSRP - you're shopping a new ride that hasn't been on the market all that long and the reviews are great. They were going for MSRP here last I looked.
If you want to counter, try 10% off MSRP or $19,202. Or shop the quote around and aim for 12% off, around $18,775. I don't see most of the dealers going that low yet, but I'm often wrong.
Here's a link to the survey - please give us your thoughts no later than March 1, 2017.
Thanks for your help!
SURVEY LINK: https://goo.gl/forms/wN9bw9FtPqRb2j4a2
Kia Soul (ideally 2017, 2016)
Chevrolet Bolt (2017)
Honda Civic (2016-17)
Hyundai Sonata (2015-17)
Subaru Crosstrek (2015-17)
Honda CR-V (2017)
Toyota Highlander (2017)
Chrysler Pacifica (2017)
Subaru Outback (2015-17)