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Another question--is flex cash on a dealer to dealer basis? I was not offered flex cash from any of the dealers even when I offered to finance? Is this a nationwide thing or regional or individual dealership basis?
You need to call / email each targeted dealership in MD / VA and ask. That should be your 1st question before you start price negotiations.
When I buy a vehicle on the phone this is how I word it to each manager. I'm looking to buy x model today for x price Excluding any incentives that are due me. I'm willing to finance thru dealership if it helps get deal done Today . My credit score is XXX. When I speak to managers they all know either step up and negotiate with me right there or I call there bluff....... they lost a sale. Go down your list of dealers one by one till you make a sale
As far as pricing goes in your area VA/ MD, here are my thoughts. If you cant get 3k below invoice or better on a 2018 walk away.......... buy..a 2019 model
Pick up the phone start negotiating . Best results will come with direct phone calls to each Int dept. mgr.
While your on the phone with each manager negotiate a 2019 model .Tell all I will buy a 19 model @1000 below dealers invoice today. Make each dealer commit to his/her best price. Maybe in your area dealers are only willing to go 500 below invoice or at worst Invoice price. Atleast now negotiating this way you have a option to decide which model year 2018 or 19 your getting a better deal.
I negotiated a deal for a 2019 Accord for 500 below dealers invoice here in NY if I bought before the 31st. Another poster in MA has a deal on the table for $148 below invoice price on a 2019 model.
23 Telluride SX-P X-Line, 23 Camry XSE
2018 Accord 1.5 Touring msrp is $34695 including destination and the invoice price is $31799.
Got a quote here for $29100 including flex cash.
What do you think about this for 2018. Its close to 2700 below invoice. Should I just get the 2019 instead of 2018 if the dealer is not going down further?
If its about saving a few beans who cares how dealer gets to your target price of 3k or more . With or without flex cash . I'm going to second @bluemkn57cars above statement on Flex cash / 3k pricing . Prior Accord years we have seen dealers discount them over the 3k below invoice mark with no flex cash. Dealerships can do this when Honda disburses more hidden trunk money, cash incentives to dealers that .... we the buyer are not privy to.
Buying a year old Model for $2700 hundred below invoice price . Some factors to consider.
1- How long am I keeping this vehicle? Do I want the savings upfront ( buying year old vehicle ) or on the back end ( New year model )
2- Buying @2700 below invoice price minus dealers doc fee charge will not exceed the depreciation hit you will take on a one year old vehicle today , or the 1st few years if vehicle is totaled or stolen, not to mention your Ins. deductible hit of 500/1000 which comes off the top of a stolen / totaled vehicle. . If above does not happen you have no worries.
Before you buy I would negotiate your best deal on a 19 model then decide. Read my above post on how to call directly to dealers Int mgr.
23 Telluride SX-P X-Line, 23 Camry XSE
If a sale price sounds too good to be true (such as 4k below invoice), read the fine print or ask if the price quoted is before any incentives. Not everyone will qualify for the recent grad or military rebate, for example.
Happy New Year and good luck with your search in 2019.
Price paid 26,200+ ttl (sales tax was about 1900)
Otd price about 28,500
The car was bought in NY so i paid the 75 dollar document fee but no other bs fees
I financed a small amount to get the flex cash at 1.9% which i will pay off in a month or two in full
I will take that to other dealers now to see if they can beat it, as that was the first 2019 quote I requested. It's on the same car--Accord Sport 1.5T.
Your almost at my good target price of @1000 below dealers invoice . Work with your area's dealers make your best deal at months end ....... Good luck
https://www.cars.com/research/compare/?vehicles=honda-accord-2012,honda-accord-2013
23 Telluride SX-P X-Line, 23 Camry XSE
23 Telluride SX-P X-Line, 23 Camry XSE
23 Telluride SX-P X-Line, 23 Camry XSE
https://samsclub.truecar.com/p/dashboard/b503031f-315d-4b75-892a-848787246729/dealership/6036/inventory/1HGCV1F97JA136407/?utm_campaign=newcarlead_v1&utm_medium=email&utm_source=newcarlead_v1
Memorized Settings including door mirror(s)
Driver seat memory
Remote power door locks
Cruise controls on steering wheel
4-wheel ABS Brakes
1st and 2nd row curtain head airbags
Side airbag
Navigation system with voice activation
SiriusXM AM/FM/HD/Satellite Radio
Speed Sensitive Audio Volume Control
Intercooled Turbo
ABS and Driveline Traction Control
Privacy glass: Light
Wheel Diameter: 19
Driver and passenger knee airbags
Leather steering wheel trim
Simulated wood dash trim
Vinyl center console trim
Trip computer
Tachometer
Power remote w/tilt down driver mirror adjustment
Heated passenger mirror
Power remote w/tilt down passenger mirror adjustment
Turn signal in mirrors
Compass
Driver and passenger heated-cushion, driver and passenger heated-seatback
Audio controls on steering wheel
Power remote trunk release
Anti-theft alarm system
Bucket front seats
Fold forward seatback rear seats
Tilt and telescopic steering wheel
Speed-proportional electric power steering
Driver adjustable suspension ride control
Automatic front air conditioning
Tire Pressure Monitoring System
Cargo area light
Vehicle Emissions: LEV3-SULEV30
Fuel Capacity: 14.8 gal.
Clock: In-radio display
Dusk sensing headlights
Coil front spring
Independent front suspension classification
Four-wheel Independent Suspension
Rear Stabilizer Bar: Regular
Multi-link rear suspension
Rain sensing front wipers
Steel spare wheel rim
Chrome grille
Fuel Consumption: Highway: 35 mpg
Memorized Settings for 2 drivers
Remote engine start
Power windows
Adaptive cruise control
Front Ventilated disc brakes
Passenger Airbag
Express open/close glass sunroof
Bluetooth HandsFreeLink wireless phone connectivity
Radio Data System
Total Number of Speakers: 10
Braking Assist
Stability control
Machined aluminum rims w/ painted accents
Wheel Width: 8.5
Front fog/driving lights
Leather shift knob trim
Simulated wood door trim
Video Monitor Location: Front
External temperature display
Manufacturer's 0-60mph acceleration time (seconds): 9.4 s
Heated driver mirror
Electrochromatic rearview mirror
Dual reverse tilt mirrors
Dual illuminated vanity mirrors
Daytime running lights
Remote window operation
HondaLink
Front reading lights
Leather seat upholstery
Rear bench
Rear seats center armrest
Transmission gear shifting controls on steering wheel
Suspension class: Regular
Interior air filtration
Dual front air conditioning zones
Remote activated exterior entry lights
Max cargo capacity: 17 cu.ft.
Fuel Type: Regular unleaded
Instrumentation: Low fuel level
Headlights off auto delay
Active suspension
Regular front stabilizer bar
Strut front suspension
Coil rear spring
Independent rear suspension
Front and rear suspension stabilizer bars
Variable intermittent front wipers
Spare Tire Mount Location: Inside under cargo
Center Console: Full with covered storage
In MD, got it for $27,200 including freight ($920), and OTD at $29,498. Dealer gave me $2000 flex cash in this deal and I got the last of it.
My thinking was "What would I get if I had to trade in the car tomorrow" or how might it be valued if I total it 1 day after I drive off the lot.
Also, I see advice to wait until the last 2 days of December but I dont think that plan is viable anymore. For one, flex cash will be gone by then. I start mid-month and do ALL of my negotiation online.
I remember when the flex cash thing first began and a few quotes were in the $27k range. Though again you had to add back in freight. But that's crazy better than what I'm seeing now months and months later. I can't believe they won't budge on a year old car that's been on the lot for several months or more.
Any suggestions? I'd be happy with $2k under invoice or even $1500 under plus TTL. I'm tired of that game of adding back freight. But I do realize it's not just a Honda thing. Most manufacturers in the DMV area add freight back into their pricing. Ugh.
July to Sept is when you would of made your best deal on that Manuel
23 Telluride SX-P X-Line, 23 Camry XSE
If you are looking to buy an Accord Sports with manual transmission, do not expect to get anywhere close to $2k below invoice this time of the year. I would be surprised if you even come close to $1500 below invoice. Forget about a 2018 model at this point. You are going to have to do some research, expand your search radius and reach out to as many dealers as possible. If you are not looking to buy any time soon, then time might be on your side.
One more thing I forgot to mention - Flex cash comes and goes. When I bought my Accord in 2013, they were offering $500 in Flex cash. It seems that number increased last year to $1k and more. Anyway, focus on getting the best price before any incentives. If you are set on buying an Accord Sports manual, there might not be much room for negotiation.
Good luck.
I closed on 2018 Touring 1.5 @ $27,756 OTD. He used $2K of Flex money to get there. Based on invoice of I think $30,904 that seemed to equal the $3K below invoice recommended by this site.
They are pushing a warranty that matches Honda's 1st three years that lasts for as long as you own the car @ $2500. They say their labor cost is $150 an hour. With all the software in this car new software alone comes in often and that will be $150 by itself. I owned my last 2009 Accord for 9 years and had a warranty and never used it but this car has a lot more gadgets.That would be 6 years without full cover. The dealerships free lifetime warranty just covers powertrain.
I know in the past people said warranties were a ripoff and wondered if the thought process is the same. Thank you for any feedback
Just curious why the 2018 Sport manual would be thousands over the auto? People are getting up to $5000 off msrp on the autos. Is the manual that much of a premium? This particular car is 3 plus months on dealer lot and obviously a year old now. I guess if they can get their price good for them.
Would it be possible to get a 2019 Sport 2.0 manual say $1000-$1500 under invoice? A lot of them out there now and only growing in numbers.
Pricing is based on a few factors, such as:
Enjoy your new car.
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snippet from pdf doc:
"Refueling
Use the proper fuel and refueling procedure to ensure the best performance
and safety of your vehicle.
Fuel Information
Use of unleaded gasoline of 87 octane or higher is recommended.
• Honda recommends TOP TIER Detergent Gasoline where available.
• Do NOT use gasoline containing more than 15% ethanol.
• Do NOT use gasoline containing methanol.
• Do NOT use gasoline containing MMT."
i don't see where premium gas is required; do you have a source for that?
In MD, the OTD for 2018 Accord 1.5T EX is 26,500.
The MD tax is 6%.
Is this a good deal?
How many Honda dealers are there in a 100 mile radius of where you are located? More than 30? As I have stated in a previous post, pricing is based on multiple factors such as:
- Supply and demand
- Location (where you are located)
- Time of the year you are buying/leasing
- Incentives being offered on the trim you are looking to buy/lease
At the end of the day, I would suggest using all resources at your disposal (including this forum), to research tactics on how to go about getting the best deal. A word of advice/caution - Do not expect to get the same deals from last year this early in 2019.
Good luck.
i got the 2018 ex-l 2.0 for 26,200
that took a lot of effort
but i could have easily gotten the ex-l 1.5 for 26,500 that you were quoted for just the ex
Can you please let me know the dealer. I would work with him.
Try posting in the 2019 model discussion, here:
https://forums.edmunds.com/discussion/53841/honda/accord/2019-honda-accord-deals-and-prices-purchase-discussion#latest
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Looks like my asking price of 3500 below models invoice wont fly at the moment . So like you, if dealers wont step up to replace the depreciation hit you may take on a one year old model, the 2019 model will be purchased.
Dealers are fully aware with very limited 18 stock there will be a "Herb" walking thru there doors very soon.
That's all you could do my friend tread water make your best deal............ Good luck
23 Telluride SX-P X-Line, 23 Camry XSE
https://forums.edmunds.com/discussion/48615/honda/accord/2018-honda-accord-lease-deals-and-prices#latest
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1. 2018 Honda Accord Hybrid EXL: 28,392 + title + tax, or
2. 2019 Honda Accord Hybrid Touring: 31,719 + title + Tax
Sales prices include destination and doc fee, not include $500 college rebate
The MSRP for 2018 HAH EXL is 32,360, invoice is 29,646 while 2019 HAH Touring has MSRP 35,919 , invoice is 32,884. For the 2018 HAH EXL, it is about $350 better than what I paid in July last year.
Which deal should I take?
Thanks!
Dominic
MSRP: 34,675.00
Dealer Discount and Rebate: 8,372.00
Vehicle Price (Net after Rebate): 26,303.00
$321 with $1000 cash down for 36months/12k miles per year
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