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A daughter needs to buy a vehicle - Maybe this week. Nothing to trade in.
The I-4 Honda Accord LX would be a pretty good choice from the standpoint of suitability for her. MSRP is $21,375 and the Cap Cost is $18,052 with a final purchase option of $12,183.
A link to the Honda description of the promo is:
Honda Promo Lease Deal
I'm sure many here have looked at the $1,999 cash payment and $199 a month for 3 years deal. I know that I'll have some taxes to pay on top of the $199 a month - OK with that. Wondering if I should expect to get one for less than the $1999 up front. Any knowledgeable advice would be appreciated.
See post 11917. I still haven't gotten the car so nothing is final. Hopefully it will be here by the end of the month. It is still being built at the factory. The dealer is Howdy Honda in Austin, TX. Also, I am getting a manual transmission which is why he wouldn't go lower. They are pretty rare in Texas.
Goog Luck!
2006 Honda Accord EX w/ Nav & Leather
-Wheel Lock
-Prep Package (pin-stripe)
-Cargo Net
-8 year/120,000 extended warranty
$25,800 OTD.
What do you guys think
Which dealership is that? And how much they charge documentation?
The Sandman
I wouldn't feel bad about the price at all like you said they wouldn't have done it if they couldn't. I talked to Mt. Kisko honda and they wouldn't beat the last price and Brewster did so they were the winners. Plus, they offered 1K more for my Civic which factored a lot into the equation.
Is it comfy? Do you miss any features that aren't on the VP that are on the LX? I couldn't see spending the extra $$ on those few things.
I will let you know when I get it though and tell you how I like it. Thanks for the advice.
either way, i'm happy with the car. the only thing i might have considered paying up for are the alloys. i may get that anyway secondhand if the steel rims bother me enough. i'm sittin here feeling real smart and happy about the purchase. good luck and enjoy your new accord.
Thanks,
Kelly
Car- 23,198
TTL- 2,068
OTD @ 25,267
We thank everyone for all the great comments they have been much help!
If you have any questions feel free to ask.
I thought I only needed to deal with the salesperson to negotiate about the pricing stuff. :sick: (base,OTD,apr etc)I just left my husband for couple of minutes and got him signed up for overpriced Extended Warranty.Our overall experience turned bitter. :sick: I thought so SWEETTT!!!any help? :confuse: thanks to all of you guys and the very supportive host :shades:
As a first time new car buyer, we got 6.72% APR for 60 months.
I had calculated what I thought was a good deal for her to email several dealers' Internet Managers. I suggested $22,100 (deducting $750 factory cash to dealer, $749 holdback and other adjustments to tissue). I told her to grab the $21,100 deal that was emailed to her and she drove it home yesterday.
Both of which are consistent with your MSRP.
If you buy a car now, it'll be a full model year old in about 6 weeks after the '07 Accord is available. The 2007 Accord be the last year of the current Accord's cycle and '07s will be discounted well below the MSRP the day they're introduced.
Whatever you save by getting a year-end '06 might be mostly lost because you're buying a year old car.
I bought my '04 Accord EX-L sedan in August, '03, just after it was introduced. My discount from the pre-tax MSRP was about 9%, and that was when the Accord was starting the 2nd year of its 5 year cycle, so was considered newer and more in demand at that time than the Accord is now.
I don't know what the '07 Accord will offer that the '06 doesn't have, but the '07 be a more desireable car for some reasons as it competes with the all-new Camry. Maybe all the '07s will have stability control or something like that. Whatever the differences, you'll wish you waited a few weeks to get the newer car for about the same price.
So, don't rush to get a leftover '06 unless you must. It might pay to wait for a better car that'll still be sharply discounted .....richard ss
Yes, it is a 4-door
Yes, EX-L = Leather
Plus, based on what I see in terms of remaining inventory, it's probably going to be a while before the dealers clear their 06 stock. Besides, everything I've read lately is predicting that Honda won't make any major changes to 2007 HAH, except for some slight cosmetic modifications to the front and especially the back of the car. I've read that the lack of modifications will be due to an upcoming 2008 redesign.
Tax and transfer (if state mandated) are not negotiable. So they should not enter into your determination as to whether it is or isn't a good deal.
Dealer invoice cost for that model is $22,496. You should then subtract $750 factory to dealer incentive 7/6/06 - 9/5/06 and $765 holdback (3% of base MSRP of $25,500) to get closer to their actual cost. My earlier post had a $749 figure based upon certain local factors.
See here regarding the $750 incentive:
http://www.edmunds.com/incentives/RebateController?styleid=100640405&popuppage=o- n
After all, they provide a place where you can see and test drive the cars you're interested in, they provide employment, and they pay state and federal taxes that benefit us all. Believe me, I want to get the best price I can, but in all fairness we should allow them to make a reasonable amount of profit for the service and economic development they provide. So how much profit do you (anyone reading this post) feel they deserve?
The 4cyl EX-L Auto a good price would be around 21000.......
Most are multi-millionaires. And most car salespeople, if they are any good at selling, are able to make a comfortable living.
There are many ways of skinning a cat.
Please read my post #1126 Honda Extended Warranties: Pricing and Info,any help suggestions? :confuse: so I have more options.... :sick:
Thanks for any suggestions.