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You took the words right out of my mouth. :confuse:
I am still amazed and amused that so many have not yet learned that the BUYER is in control of the deal...not the SELLER unless the Buyer relinquishes control to the SELLER!!!
Those posts have been removed.
Shopping experiences and prices paid... That's what we are all about. Posts that don't stay on topic will be removed.
Comments about this policy are only welcome in e-mail to a host. Do not reply in this forum.
regards,
kyfdx
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Several state legislatures have imposed a cap on these so called "doc fees"...the cap fee in New York, e.g., is $50.
So if the dealer attempts to rip you off by charging a "doc fee" of more than $50....simply say... OK, I'll pay the $399 or $499 (or whatever) fee as long as you reduce the base price of the car by a like amount.
If he won't , walk out.
Paid $23450 OTD. Tax here is very low, 3.25%. The net car price is about 200 under the invoice.
I think it is a decent deal.
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Orlando foreclosures are at record levels yet not nearly the worst metro market, 28th, 1 in 114,,,,article below.
I continue to expect National incentives to move cars off the lots in the future...
Orlando > Print Edition > Industries > Economic View - Bankruptcies Subscribe to Orlando Business Journal Friday, November 16, 2007
Report: Orlando foreclosure filings up 184%Metro area recorded 7,189 filings, or one for every 114 households.
Orlando Business Journal - by Bill Orben Associate Managing Editor
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Housing market down cycle forces cutbacks at ZipRealty [San Jose]
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ZipRealty gets hammered by housing slump [Sacramento]
The number of third-quarter foreclosure filings in the Orlando area climbed more than 184 percent from the same period a year ago and was nearly 60 percent greater than the second quarter, according to a RealtyTrac report released Nov. 14.
Orlando, ranked 28th on the list of foreclosure filings for the top 100 metropolitan areas in the country, recorded 7,189 filings, or one for every 114 households, the report says. Orlando had 5,428 properties with at least one foreclosure filing against it during the quarter.
Among other metro areas statewide, Fort Lauderdale was ranked No. 4 with 16,595 total filings -- up 89.8 percent from the second quarter and 127.4 percent from a year ago, while Miami came in at No. 8 with 15,484 total foreclosure filings for the quarter, up 42.7 percent from the second quarter and 82 percent from the year-ago quarter.
The report ranked the Tampa/St. Petersburg area 19th; Palm Beach, 21st; Sarasota/Bradenton, 25th; and Jacksonville, 33rd.
Let us know how do did when you make deal.
:shades:
Eventually I found Gunn Honda in San Antonio that not only did not charge any markups, but their quote was significantly below MSRP even for the new 08 EX-L I4 with Navigation that I bought last Saturday.
I totally recommend the dealership to anyone. I traveled from Houston to San Antonio and saved money. The dealership offers Edmund's "One Simple Price" which means there was no pressure or anxiety of negotiations. I called them gave me a quote that was $2k below the quotes (with the markups) I was getting from Houston dealers. I took the next Greyhound bus to San Antonio and drove my new car Back home!
While waiting for the installation of some extras (that were reasonably priced) they gave me a tour of the dealership. It is huge. Their service area is impressive and I have only seen such service bay facilities in more luxurious brands like BMW. I wish I was living closer to have the car serviced there.
BTW, every Wednesday they have a therapist visiting the dealership for chair massages to the customers waiting for the car to be serviced!!!
Last but not least: Alabaster Silver / Black leather EX-L with Navi I-4 (190HP) $26450 + TTL!!!!!!!!!!!!!!!!!
I was looking for a good deal on a 2008 Honda Accord LX Auto and I had a price quote from a dealer in TN
Special internet price $19,991.00
taxes $1,562.11
customer service fee $199.00
registration $34.50
Out the door $21,786.61
Is this a good deal? How much can I ask for?
Thanks
Just like the Sedan was not intially discounted, so it goes with the coupe. It's still way to new to get below invoice pricing.
I try not to let the prices I read in these forums sway me too much, since they vary greatly from state to state but instead look at the Edmunds TMV which is the average sale price across the country. I beat TMV by a lot so I know I got a fair price.
Does anybody know what the dealer holdback is on the 2008 Accord?
Just my opinion, not trying to step on anyone's toes. :shades:
Dealer holdback is 2% of base MSRP, not the old 3% still listed on Edmunds.
today I ordered a new 2008 EX-L Accord V6 and paid 25615 + 635 destination change, which is about $200 over invoice. This was done through the dealer's INTERNET BUYING SERVICE. Four other dealers had provided prices but only one was a firm, unchanged price when I entered the dealership. All the others wanted to play games by at first providing a low invoice price in their initial INTERNET response but upon arrival at the dealership to close the deal they told me they had to add bunch of options such as mud flaps, wheel locks, paint sealer, and on and on. This was after I thought the price quoted by them to me in an E-Mail was a firm offer. So the dealer which is only two miles from my house did not get the deal. The dealer in Baltimore which is 15 miles away got the deal and I saved a bunch of time, a bunch of BS and about $500.
The dealer which is two miles from my home in Maryland is named S&S for short. The dealer which operated up front and got the deal is Anderson Honda in Baltimore. S&S at first told me they would honor the Anderson price of $25615 + 635 after I showed the S&S sales person the Anderson E-mail. But then two days later when I retruned to S&S thinking that I had an approved deal, the price changed. The sales person rechecked with his manager and came back with the story that the Anderson price was not the bottom line and that I could expect to pay an additional $551 for dealer installed options at Anderson.
The S&S sales guy said that all the dealers routinely add these items to their in stock cars and that if he didn't have my interior-exterior color in stock he would have to locate me a car at some other dealer who had already added these items to the car. The S&S sales guy emphatically stated that I could not order a car from the factory which did not have any dealer installed options on it.
So I then called up the sales lady at Anderson. She said I could order a car from the factory and take delivery of it without any dealer installed options. However her dealer installed options of mud flaps, wheel lock, and door and wheel well edge guards would cost $245 not the $551 the S&S guy stated.
So the S&S guy lost the deal mostly because he was not honest and up front in the beginning. Had he been I would have still looked for another price but I might have gone back to him and given him a second chance to lower his price.
BTW, there have been issues mentioned here about the V6 having vibrations and surging problems. I drove the V6 today approximately 25 miles on interstate highways with the cruise control set at 65 MPH and never noticed even the slightest vibration or surging problem. While I can fully understand that this issue might surface as more miles are driven, there was not the slightest notice of this in a new almost ZERO miles car. And I am very fussy about engine noises and other unusual performance problems.
Yes, the dealer does make money on every aspect of buying the car, on your loan, one your trade, on the dealer installed options, on insurance if the dealer sells it, on processing fees, etc, etc. But is it a better deal to pay full list price of a car or to pay a lower invoice price? Is it better to buy a 2007 Honda Accord well below invoice since the newly designed 2008 is arriving and the dealer is able to sell the car at several thousands below even the indicated invoice price. Even then the dealer is making a profit. And so he should. It is your job as a customer to do your homework and check out the pricing in your area and to get the lowest price possible. The dealer is always going to make a profit and there is nothing immoral with that. So get use to it. In Communist Russia making a profit was illegal and guess what, you could not buy a car there at any price.
Now here is a great statement. The salesman at S&S Honda in Maryland told me that on average the owner of a dealership only makes 2% profit per annum on his business. If that isn't a bold face lie I don't know what is. Why would anyone put up with all the problems of owning a dealership, hiring and firing people, being in compliance with OSHA regulations, hiring a book keeping departmant, etc. and only be able to make 2% when he can get 5% on a savings certificate without all the problems? If a dealer cannot make 10 to 20% on his investment then he will be gone shortly.
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I've moved toward shopping at the more conservative 'costed' dealerships, so that I can get a better deal while still leave them room for their profit.
I do not care about the "fees"....
I care about the OTD price on the car. Let say I purchase a car at a dealer with marble floors and vaulted ceilings and they charge me $500 "junk fee" well as long as this car has the best OTD price I could care less.
The Prices Paid Forums are pretty simple.... Describe your own personal experience and price paid. Not shopping or buying an Accord? Find another forum.
Also, personally directed posts are not welcome.. What can be adversarial about reporting on the price you paid?
Posts will continue to be deleted, if they are off-topic. Continually disregarding this may compromise your membership privileges.
regards,
kyfdx
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New 2007 Accord EX-L Coupe 4cyl w/Fog Lights, Wheel Locks, Black/Black, Non-Nav
Happy Holidays
Thanks.
The internet rep I spoke to today was quoting me (she said) the invoice prices on 2008 sedans.
I'm considering between the LX-P or EX 4cyl
She said the LX-P was a good value & will sell it at only $500 over the LX. I liked the added power of the EX though. She claimed the EX was around $2400 more than the LX for the automatic.
Does the 2008 EX have a tint? All the EX Accords at the dealer I went to seemed to have a tint but I didn't see it listed as an add on.
Thanks
Now, you look like a supersonic Queen/ King in white gown inside that beautiful car. You love Honda V6 power much more when you drive long trips. It runs as it will not have another chance to run in life.
EX - Invoice: 22,256.00 22,089.00
EXL - Invoice: 24,063.00 23,887.00
LX - Invoice: 19,548.00 20,287.00 (Not below but close)
LX-P - Invoice: 20,719.00 20,498.00
Quoted price - $22, 563 + INCLUDES destination fee $635.00
so actual quote price $21, 928 - a difference of $217 from dealer invoice.
- factor in paper work i.e. tax, license, document fees, etc. - worse case scenario 10% of base price - rough OTD est. 24, 800 and change.
Considering a MSRP sticker price of 24,595 not including any fees or destination charge. I feel like I got a winner here...I expressed my concern over frivolous things like dealer options and unnecessary fees to which she expressed similar feelings toward. last note I got this quote/info through the internet department at this dealership.
I will definitely shop this quote around to other dealers to see if others can beat it, although based on what I've gotten from most dealers so far unlikely, but can't hurt! I know that some of the general feeling at least that I've seen is the belief that once stock of coupes start to fill up and sit that pricing could possibly get a lot looser. Am I being to picky here or should I shop the quote and pull the trigger?
Any thoughts, opinions, suggestions, etc. would be greatly appreciated!
p.s. sorry for the long post glad I found this forum as well.
$275 a month
$2000 down (includes tax, first month, bank fee, and dmw fees and all other fees)
42 months
12,000 miles/yr