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Just run both the Hybrid and EX 4 cylinder through Edmunds TMV, as follows:
2007 Honda Accord Hybrid in Tango Red Pearl:
MSRP: $31,685
Invoice: $28,749
Edmunds TMV: $28,757
Discount from MSRP: (based on difference between TMV and MSRP)
$2928, or 9.2% off
Discount from Invoice: (based on difference between TMV and Dealer Invoice, per Edmunds.com)
-$8
Incentives: $750 Dealer Cash, $1300 IRS tax credit, for a total of $2050 in incentives
For fair comparison, I decided to compare the Hybrid against the Honda Accord EX-L, as an efficiency minded buyer would be considering both the Hybrid and the 4-cylinder, and since both have similar levels of equipment.
2007 Honda Accord EX-L 4-cylinder in Moroccan Red Pearl
MSRP: $25,645
Invoice: $23,291
Edmunds TMV: $23,259
Discount from MSRP: (based on difference between MSRP and Edmunds TMV)
$2386, or 9.3% off
Discount from Invoice: (based on difference between dealer invoice and Edmunds TMV, per edmunds.com)
$32
Incentives:
$750 dealer cash
$1200 dealer cash (which the Hybrid does not have)
TOTAL INCENTIVES: $1950
As the numbers show, the Hybrid model, when you include the tax credit, has an extra $100 in incentives.
Both sets of prices and incentives were run with zip code 37072, which is Goodlettsville, Tennessee, a bedroom community north of Nashville.
Whether you would call $100 significantly more, well, that's for each individual to decide. But in the end, both cars have about the same $$$ in incentives, and for me, I'll take the 4-cylinder any day over the Hybrid.
I realize I'm a little late to this discussion, but here is the substantiation: http://www.usatoday.com/money/autos/reviews/2002-08-01-accord_x.htm
"The Accord V-6 ratings assume regular-grade fuel, and Honda will market it as a regular-fuel engine. But — pssst — it's good for another 10 hp and 10-plus lbs.-ft. on premium, acknowledges V-6 engineer Asaki."
I'm interested in your comments because I lease a TSX, but the lease is coming up in November. I'm considering leasing another TSX or going a bit bigger with the V6 Accord. In a previous post I asked about gas for the Accord and several replies indicated that the lowest octane is fine. I used to put 93 in the TSX, but with gas prices the way they are, I went down to 89, but noticed a drop off in performance. Which gas to you use for your TSX? I hate that the cost of gas is a factor in my lease decision, but how can it not be?
Fanboy sites usually start these baseless rumors. :mad:
No sweat.
Now to see if I can save some pride- is the TSX Civic based? If so that means that all Euro sedans (other than Fit) are based on the Civic?
I think the RSX is Civic based.
But speaking of cost of the premium, at $3.10/gallon and 1000 miles/month, the additional cost is only $3/fill up (in my TL that has been averaging 24 mpg in 50-50 city/hwy mix per my calculations).
Speaking of TSX, I did find it an easier car to improve fuel economy than the TL. I had a loaner and managed to average slightly better than 31 mpg (50-50 mixed driving) over about 170 miles (trip computer) which I thought was impressive (before I got stuck with a major traffic jam, the trip computer was showing 35.9 mpg after 57 miles).
No. TSX, Accord, TL and RL are all based off global midsize car platform.
CSX (offered in Canada) and Civic use global compact car platform which was also used by last generation CR-V and is being used by Element. European Civic Hatchback, however, shares the floor pan with Fit. RSX used that platform as well.
my point was that you can't go on and on about the v-6's handling if you got honda to put on an optional sport suspension. a fair comparison would be both cars without this option. (because just the v6 the i4 would fare better if given this optional supsension too, if it even exists.)
and since the rsx was based off of the previous gen. civic platform, does that mean its the same as the fit? because they didnt use torsion beams even on that gen civic, or for the rsx.
Fit uses global economy platform, not the global compact platform that Civic uses (and RSX used). European Civic Hatchback, however, is said to share a few underpinnings with Fit/Jazz (primarily the floor pan). It may actually be a hybrid platforms somewhere between Fit and Civic (sedan/coupe).
Speaking of platforms, the term doesn't seem to have a standard definition. It can vary with manufacturer, and complicated by additional facts. For example, Honda manufactures Accord and Element on the same production line, unusual for two vehicles using different platforms. Likewise, RDX is being manufactured alongside Accord and TL.
According to this Link at edmunds for the CRV:
http://www.edmunds.com/honda/crv/2007/review.html
"It shares a platform with the latest Civic,"
The reporter is not so bright himself...it's been a while since the typical manual was a 4 speed
In 2000 I was test driving a car and happened to kill it. I could not get it to re-start. Finally after many tries it did happen to start. When I got back to the dealership and told them of the problem, they explained about the new-fangled clutch interlock on manual transmissions
-Cj :confuse:
I had accidentally killed the engine while out on the road test driving (no salesman came with). Probably the clutch was a little different from the ones I was used to...
The car I was test driving had an interlock, I was apparently not depressing the clutch far enough to hit the interlock switch that would allow it to re-start.
I just got into an accident and I'm in the market for a new car. The new '08 accord sedan is one of my top list and I need a car by september (before school starts) so I would like to know how $ I would need. The '07 sedan with navigation was estimated to be $25K (TMV price), so is it likely that '08 sedan w nav be at $25K? Thanks.
Right now the discounts are because the '07s are at the end of the model run and on top of that, Honda corporate and Honda dealers are discounting the 07s in anticipation of the 08s.
I think the chances of getting an 08 Accord before September are slim. You will probably have to wait at least another month.
Die-hard Accord buyers desperate to be the first on the block no matter the price will pay around sticker during the first few weeks it goes on sale.
Die-hard Accord buyers desperate to be the first on the block no matter the price will pay around sticker during the first few weeks it goes on sale.
The Camry went through the same deal...cost near sticker for awhile, then dropped back closer to invoice. The Accord should be no different.
i like the new accord, but i doubt its going to be a car we wont see often down the line, or one that will be hard to get into in general (as far as availability goes); being the absolute first into it shouldn't be a big deal; your exclusivity wont last very long unfortunately.
You wrote "NEW accord which seems to have more power". There is nothing definitive, nor will there be for at least the next six weeks about what kind of engine outputs the 2008's will have. Honda surely won't let the cat out of the bag. Anything else is pure speculation.
You also wrote "I wouldn't buy the '07 accord for $25K". If you intend to buy a 4-cylinder Accord, the 2007's (depending upon the trim level) can be had now for $18K to $21K. That also depends on how good a shopper you are. You can see what recent buyers have actually been paying here: http://tinyurl.com/2yxwcr
2007 Accord EX-L with NAV is listed at $27K. So, given the math above, invoice would be about $24.5K (plus destination). At $25K, you're right there.
Now, since 2008 is a redesign, one can expect prices to go under invoice during clearance time although that might also depend on availability (color, trim, feautures) in your area.
When 2008s do arrive, it will be more difficult to haggle on the price for a month or two. But it might be possible to go down to invoice as well, something I did on my 1998 Accord almost ten years and 176K miles ago. The redesigned Accord was a hot car back then, especially with V6 and even more so with the coupe (and soon after I got mine, there was 2-week to over a month wait list on EX and EXV6 models).
If you're willing to wait until mid-September or so when new Accords are due to arrive, you should have plenty of flexibility to pick between the new or the old model. Although with latter, with reduced inventory, specific color options and like might be more difficult to find.
The prices that I mentioned above were bottom line, exclusive of my local taxes.
Also the longer honda waits to bring the accord out, the easier it is for them to clear the 2007s off the lot, the easier to fine tune last minute details, and in theory, get all the bugs out. I have no problem waiting for it.
Next summer, we may be here looking forward to the TL or TSX. The TL usually comes out a year after the accord(from back to the days when it used the Vigor name). Still, i have my fingers crossed that honda will offer VTM-4 in the accord to shut ford up with those AWD fusion commercials... That and that AWD passat seems lonely...
-Cj :shades:
I very much doubt the price will drop much more - the lack of inventory during the model change over will keep prices at current levels. Having said that, the end of August is probably the best time to buy.
If you want to buy one for $16.6K, why don't you just make that offer to a few dealers? If you get lucky you may find a dealer that wants to move a few more units by the end of the month due to some dealer incentive program.
In addition, TMV is just the average price, not the best price that you can get. I bought my Mazda6 for about $1500 below the rebate adjusted TMV.
My friend in san jose bought same car for 17.8. Almost 1000 dollar less than what dealers are quoting me in Florida. Though taxes are less in Florida. I believe we have to bargain to bring prices down by atleast 1000 from what dealer quote first time. I dont have experince in buying car and I am not good when it comes to bargaining. So I just wanted to know like if dealer says that final out of the door price is 19k or 18.8k should I just tell him I wont pay more than 17.5 or 17.8 or else I would go to other dealer etc etc. I wanted to know how buyers bargain with dealer