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Comments
Thanks for the buying advice. It worked extremely well! I would not wait long either - the colors choices will be very limited within a couple of weeks. I did finance mine through American Honda and got 5.69% on 60 months (nothing down)and I also got the $2K incentive. My credit score was an 831 - so that must have helped. The best I could get through the bank/cu was 6.5. I would listen to Donkey, from what I've experienced - he is right on the money with this stuff.
Thanks or all the info on the posts!
I figured that if I decide to do this, that is exactly my target price--$1000 under invoice + $2k rebate.
Right now, dealers in the DC area seem to be back up around $26300--however, if I was REALLY going to do a deal, I bet I could get someone to accept 25.8.
What dealers have you discussed 26,300 with in DC? I am in the DC region too, and initial responses are slightly north of that.
Could you please email me the quote you got on your EXL with NAV&RES? Did you buy it? What dealer was it from? My email is vfvincent@gmail.com.
thanks!
Yesterday, I was called by the dealer to make a VIP appointment. I questioned what they could do for me that a Salesman couldn't and was told they streamline the sale.
I haven't received the quote yet (2 days after the request) and the appointment is Saturday.
I'm suspicious. Do you think they can't meet the request and are trying to hurdle me into a meeting for a high pressure sale where I end up the loser. Last night I sent the Internet Manager an E-mail asking him what the s_ _ _ is this. I don't expect an answer.
I owe $12,000 on my 2007. I has 16,000 miles on it and I am pre-approved for a $19,000 loan by Honda. I think I have some negotiating power.
If you guys could give me some ideas about what you think is going on, I would really appreciate it. Thanks.
My advice to you is to locate the van you want online. E-mail several dealers with an accurate description of your trade-in, and ask them for their best trade difference. (Some people will tell you not to reveal that you have a trade until you have a firm price on the new car; I agree, but only if you are willing to pay the dealer's best price on the new car and sell your old car privately. Otherwise, you're just making the deal more complicated than it needs to be.). Tell them right up front you are shopping around but are ready, willing, and able to buy TODAY. Don't tell any dealer what you owe, what you are pre-approved for, or mention a payment range. Once you have found a deal you are happy with, make the dealer fax or e-mail you an offer sheet. They probably won't send you a signed purchase order until they see your trade, but you should have no problem getting a solid number on it. Now that you have a semi-firm deal, give the other dealers one chance to beat with the promise to buy it today.
By the way, if you can wait until December, the prices will be better. I've bought four Odysseys since 2001 and they have always been much more expensive in the first few months on sale. I've said this in several posts before so I hope I don't bore you--the day to buy is December 26th. It's in the middle of the slowest week at the end of the month and year. Go in the evening and hope it rains. You'll get the real VIP treatment because you may be the only customer they have that night.
I went to Honda of Joliet and the sales person there larry was very harsh. I had quotes from the internet(pankaj's). When I called him he told me that he would match the internet price that I got from another dealer (I told him the price I got on the phone), But after going there he said he can not match the price as it is too low and startted giving me stories. Finally I went to another Honda Dealer in chicagoland area and got the EXL-RES/NAV for 28400+TTL (Also has All Weather package. Dest charges included). The same van was quoted at 29300+TTL at joliet of Honda Not willing to match the above price. Honda of Joliet was willing to give the EXL-RES for 27299+TTL. Honda of Lisle's pricing is close to Honda of Joliet.
I went with the 07 because of the rebates and no one was dealing on the 08's yet.
$33,137 (includes destination charge)
+ 199 doc fee
+ 207 lock lugs/splash guards
$33,543 + tax, tag and title transfer.
One of the easier car buying experiences I have ever been involved with.
Breakaway appears to be one of the better "follow-up" and "customer service oriented" dealers I have had the pleasure of doing business with. Highly recommend them.
I'm planning to buy one soon and wondering what the best offer I can get.
Thanks!
Thanks to this site for the great advantage in negotiating deals!
I've got this van overnight as a loaner so if anyone has better deals let me know! Of course color does matter to me.
If anyone can stretch and get a touring over ex-l; I must say if feels good get everything and not looking back at if only I got that other one! And I started out at an striped down ex-l! Of course that before I found this site... I think the dealer had me at around 31,000 otd For another 100 a mo. I got everything in the touring. Of course i'm going to sleep on it tonight!
Unless you actually saw someone pull the rug out from under you on the blk/blk, it was most likely a story to get you in the door. "you made it here...bummer someone just bought the thing, here go ahead and drive this one". Now if you saw someone roll off the lot in the blk on blk, I take that above remark back. But if you didn't your sitting in a touring with a color you dont care for, thinking about pulling the trigger on a new car with scratches!?
Secondly, your $100 more a month is highly dependent upon your finance rate and term (how long your financing the thing for). I did a back of the envelope and at 60 months, your payment is probably more like 140-170 more a month. (assuming 25,5 on exl and 32,500 on touring).
Before you pull the trigger, really ask yourself if the additional ammenities you get in the touring provide you the value your looking for 24 months from now, when the new car luster is long gone and your still heading into 3 more years of payments. Maybe your answer is "he double L yes!"...but just ask yourself this.
Now factor in that your rolling into the holidays 2 years from now and your PAX Tires with 35,000 on them need to be replaced and your looking at $1200 instead of $400 and the wifes looking to take a vacation after the new year. Still feeling that new car high?
Again, I'm not knocking you at all, I pull the same moves and sometimes live to regret. Just think it all the way through before you take the plunge. The 7K+ most likely isn't just a hundo more and your insurance and maitenance (tires minimally) are going to be more.
Think it through, don't make an emotional purchase. If at the end of the day you feel the value and the long term advantages, ignore my nosey as% and pull the trigger!
Whatever you do, enjoy.
Run from that dealer. Real world VIP's have so much discretionary funds they aren't worried about getting bent over on a car purchase. They'd be happy to treat you like a VIP and have you do the same. Seriously, ignore them.
Check out post 16934, follow it and you'll do ok.
Thanks again.
May I know what are the list of options you had.
I'm ready to buy. my email is dinh_mark@hotmail.com
thanks!
Read donkeypunch's posts. Also, I bought 07 Touring R&N in Tampa; $32,650 including destination ($35k OTD). I wanted the black/black when only 4 in state, but no one would deal. After we bought, gray/olive iw/ more accessories, several dealers tried to get me to buy their blk/blk. I dealt w/ Kuhn inTampa, but Lakeland (Regal) has the lowest dealer fees around. work them, dont let them work you! you are in control of the negotiations until you sign the paperwork.
No haggles at all.
Valley Honda and Honda of Lisle point blank on the phone told me that they can not match the price.
Priced 08 Touring (Black on Tan) NON - PAX
Invoice is 36,214 + 635 destination
I offered 37,000 + 635 destination = 37,635
... and the dealer took it with no counter.
Then for curiousity, I asked about leases:
3 yrs/ 12 K - EVERYTHING rolled into lease - taxes, fees, everything:
Residual: 57% (again this is an 08)
money factor: .00131 (3.14%)
total permonth payment: $570
(the above payment also includes about $600 in accesories (splash guards, wood dash and fender guards)
Opinions?
thanks.