How much money did I leave on the table? 2019 Honda CR-V LX AWD Zip 62701

shak01shak01 Member Posts: 5
edited September 2019 in Honda
New 2019 Honda CR-V LX AWD w/splash guards, & Lifetime warranty(parts & labor) on drive train (engine/transmission).
Negotiated price: $22,511‬.00
Destination fee: $1095.00
Price including destination fee: $23,606.00
Il State Sales Tax (6.25%): $1,475.38
IL New Vehicle Registration/Plates: $101
IL New Vehicle Title Fee: $150.00
Dealer Documentation Fee: $180.00
Additional Sales Tax for Honda Conquest/Loyalty Rebates : $44.00
Total out the door: $25,556.00

Factory MSRP (not including Dest. Fee, w/splash guards) $25,954
Total Dealer Discounts, and Rebates: $3,443.00 or 13.27% off Factory MSRP

I don't know what value to assign to the dealer's "Lifetime warranty(parts & labor) on drive train (engine/transmission)". It's very restrictive, requiring that ALL required maintenance be performed on time and at the dealership...including oil changes!
In my previous 50 years of car buying, I tended to avoid the dealer, opting instead for a longtime friend... father/son local repair shop.
So, please let me know about your pricing experiences with Honda.

Answers

  • MichaellMichaell Moderator Posts: 257,515
    shak01 said:

    New 2019 Honda CR-V LX AWD w/splash guards, & Lifetime warranty(parts & labor) on drive train (engine/transmission).
    Negotiated price: $22,511‬.00
    Destination fee: $1095.00
    Price including destination fee: $23,606.00
    Il State Sales Tax (6.25%): $1,475.38
    IL New Vehicle Registration/Plates: $101
    IL New Vehicle Title Fee: $150.00
    Dealer Documentation Fee: $180.00
    Additional Sales Tax for Honda Conquest/Loyalty Rebates : $44.00
    Total out the door: $25,556.00

    Factory MSRP (not including Dest. Fee, w/splash guards) $25,954
    Total Dealer Discounts, and Rebates: $3,443.00 or 13.27% off Factory MSRP

    I don't know what value to assign to the dealer's "Lifetime warranty(parts & labor) on drive train (engine/transmission)". It's very restrictive, requiring that ALL required maintenance be performed on time and at the dealership...including oil changes!
    In my previous 50 years of car buying, I tended to avoid the dealer, opting instead for a longtime friend... father/son local repair shop.
    So, please let me know about your pricing experiences with Honda.

    What was the MSRP?

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