Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I was only offered Lo-Jack as an enhancement. Don't know if Honda offers any other anti-theft options. Don't believe you need more protection.
Fine choice. Bought my i4 EX sedan last week and lovin' it!
Sometime I have to take a break from this board becuase I cherish my sanity.
Perhaps a quick visit to ECON 101 will help to clear the air for you?
TTL Registration hits hard here in California, I used the DMV calculator, fees are like 2000+
After that, I have already referred a couple of people to Hardin Honda. Just last week when I was at a gas station, some guy came up to me and asked me about my new car. Where did I buy it from and what did I like about the car and what kinds of features does the car have.
But sales person are in the business because they are good at what they do. If they weren't, they wouldn't be selling cars than. Hey, it's a game that they like to play. Sure, we all here are smart enough to get a good deal but lots of people don't know better. Because of this, lots of sale people make huge profit from these people.
In addition, every 08 Accord except the LX comes with a standard security system. It is shown right here on the Honda Accord page - the 4th item down under exterior features.
Maybe you read it was "NA" on an EX because it is not available as an accessory item since it is standard?
You can easily check - just go to a Honda dealer and secure the keys to a new Accord (non-LX). Get in and turn the key on and roll down the window, turn the key off, get out and lock the door with the key fob. Reach in and pull up the lock and open the door - the horn should sound and lights should flash.
Dennis
Dennis
I've been shopping for actually 3 vehicles. One for myself, one for my father and mother in-law; Accord V6 EX-L Auto Coupe, Accord LX-P Sedan and a Honda Fit. A combination of Internet Prices and calling, we decided to go to a local one here in Riverside, CA with the best price and friendly service (so we thought) - Riverside Metro Group (Riverside Honda) which is part of the Metro Auto Group who sells VW, Mazda, Nissan and Hyundai.
I went to pick up the Accord V6 EX-L Auto today (I posted earlier about the price which was $25,533.00) this price was received from the dealerships Internet Department..."Your *e-Price invoice $26,533.00 ($1000 Off ) $25,533.00".
So we arrive, meet the Internet department and they take us to the vehicle we want, drive it and inspect it. First problem was frontal damage (bumper was scratched deeply) so they got a new one for us...no problem. We get ready to finalize everything. I also have my financing done through the bank and have a BLANK CHECK ready. I do however give the dealership the opportunity to finance also, as they inquired about my financing. The have my information already because I was pre-approved through AHFS and the dealership also has my paperwork including credit ran.
Here is where things go wrong....very wrong. The internet sales person checks on financing...with the desk manager to see if they can beat the bank rate. They come back 3% HIGHER then the bank. I say no way, I'm happy with my financing. He goes to the manager for 10 minutes while we are sitting there and comes back and says....well you are aware since this is a special price, you have cannot have any other financing don't you?
So, I am told, YOU CANNOT USE ANY OTHER FINANCING. Since we are selling the vehicle so low, you MUST use our in-house financing. They basically refuse to sell me the vehicle unless I take a 3%+ on the rate I am getting at the bank.
I explain to the sales person that this is insane and we are leaving immediately. He goes back again and the desk manager is in the "box" giving us looks and staring at us. The sales guy comes back and says, you must use our financing. I basically say this is ridiculous, you guys are insane...I've covered all bases, crossed my T's and dotted my I's and you are telling me since you aren't making a profit on the vehicle, you are going to try to make a profit from rebate on bps from the financing? Answer: Yes.
I'm not sure if this had anything to do with it but I work from home 2 days a week and was in my normal clothes...jeans, polo and a hat (usually am in a suit). I also look young, but have sold securities in the financial business in addition to researching enough to know this is wrong. Overall really feel discriminated against as well as being lied too and extorted for extra profit. Buying 3 vehicles and also looking for 5 vehicles for our company (Elements) and got this treatment lol.
What I did also was hit record on my phone so it records everything and will post it on Youtube, Metacafe and everywhere else I can find to warn potential buyers of this unethical practice.
STAY FAR AWAY FROM RIVERSIDE METRO AUTO GROUP AND RIVERSIDE HONDA.
I've been shopping though and have another dealership that says they can't match but will sell at $26,100. I can't believe these guys "we are selling the vehicle too low, so you have to use our financing at the 11th Hour... 2 hours of wasted time!!!!
But realistically, if you check the current invoice price it is $26,356 and less hold back of $578.90 give you a dealer makes nothing price of $25,777.10. And there are no known dealer incentives on Accords. Yes somehow you expect the dealer to sell you the car for $25,533 ? I bet no other dealer had such a low price because it was either a come on to get you on the lot or a mistake. They probably gave you an I4 price rather than a V6 price and once you showed up they figured out the problem.
As I said, I hate being treated bad at any dealership and I always make my deals completely before stepping foot on the lot - but if someone offered me a deal that is not logical or at an "impossible" price then I KNOW it is either a mistake or a trick or there is an incentive I don't know about. So I would ask about it and point out to the dealership that they can't be making any money on the car and have them verify it and ask about incentives or "can I pay cash at this price" or other questions.
Now, I guess, you too will know this for the next time you go car hunting. Go get your new Honda from another dealer and enjoy it!
Dennis
I thought I had this all wrapped up before going in, like you I hate negotiating in th dealership as the process is long and I don't have all materials to reference. Big lesson learned never mention you want to see what kind of financing you can get when you already have financing, it's an opening! Good thing the dealership was 5 minutes away :sick:
I'm not advocating squeezing every nickel...that just wouldn't be fair. I too am about to purchase a new honda for under invoice. I just noticed a few people on this blog that were quoting some prices over invoice and my intention was to let them be a little informed so that they know they can haggle a little more and get a better deal. That's it! Is there anything wrong with that? All the best.
P.S.--there's no hate here, just trying to be an informed consumer. Besides you can't feel sorry for the dealers....they have ripped off enough consumers who were unknowingly paying more than they should have in their time when the market was good. What's wrong with us consumers being the ones on the good end of a deal for once? I think it's all good as long as everyone gets a price they want. I don't think any dealer will just give away a car, that would be foolish.
I actually dealt with a crooked Honda salesman last week. He accept my more than fair offer which included, by the way, a built in profit. I faxed him an offer with the numbers broken down including the profit for him. Yes, the offer was slightly below invoice including destination charge, but not by much, about a hundred below However, the offer was well more than I have seen others pay on this forum.
Long story short...he accepted the offer via voicemail.and said it was "more than an acceptable offer and very doable". It was an honest and fair offer not intended to "rip off the dealer". Then when I called him back he retracted his acceptance making up some lame excuses about the car being the only color in town as well as some other ridiculous excuses which included "five speed manual transmissions in the 4-door sedans are in demand so he couldn't let it go for that price". I am sure any honda salesman on this forum will concur that this is not true. I have owned three 5 speed manual hondas in my lifetime and I know that dealers do not carry many of them because they are harder to sell in the 4 door sedan trim vs the 2 door coupe trim and harder to sell than any automatic transmission. I also had another dealer (the other one that accepted the same offer) tell me that he will sell 30 automatic sedans before selling one manual sedan. Funny thing is that this place I was dealing with had 4 manual sedans on the lot and they still have all four as of today.
This salesman was very young and obviously "wet behing the ears" in experience. I assume he wanted the deal, but his sales manager didn't. I was not falling for those lies and games especially after he accepted the offer. So I told the guy that I wasn't playing games, I made him a fair offer that was also accepted at another dealer in town, and that I didn't appreciate the lies. He copped an attitude. So that ended my business relations with that dealer. It just wasn't worth it the hassle and aggravation. He lost my trust at that point. I called the sales manager and the GM to complain about what had happened and left it at that.
There are some reputable dealers out there who will bend over backwards to help you, like the NEW dealer I am working with now...who also gave me a fabulous price (lower than my original offer to the other dealer) which I jumped on promptly. He was even willing to search for the color I wanted and do a dealer transfer. Excellent service! And there are some that deserve to lose customers like the guy above.
So you see, it was not me who tried to "squeeze" every nickel out of the dealer, it was the dealer who was trying to play games and fool me into paying more. So to those of you who thought I was being "unfair" and a trying not to allow for a profit, I hope this will clear the air and show otherwise. Good luck Honda shopping!!!
I just started shopping for my new Honda and wanted to hear your opinion on price quote which I just got from a dealer in Rockville, MD:
"Accord EX-L 4cyl Sedan Automatic the price is $22,750.00 plus fees which comes out to be $25,116.10 "out the door". No hidden fees or surprises when you come in."
Thanks for your comments.
Can you breakdown the addtional fees. The price of $22,750 seems to be excellent
that is what he wrote me about LX-P yesterday
Accord LX-P
---------------------
Vehicle - $19,450.00
Freight - $635.00
Processing fee - $100.00
Tax 6% (MD) - $1,211.10
Tags (MD) - $222.00
--------------------------
Total - $21,618.10
I didnt got break-down for EX-L yet, but i guess it should be close
Vehicle $22,750
Freight $635
Processing fee $100
Tax 6% (MD) $1,409
Tags (MD) $222
Total $25,116
Oh yes they would...you have to ask for it! My dad has a dealer friend who says "you can refuse to pay any dealer installed option if you don't want it and didn't ask for it". Those options are marked up at least 100%, so if you decide you want the options, negotiate some. Good luck.
I have always found it to be a lot easier to just avoid dealers who add crap-o-la to every car on the lot. It just makes it easier to deal with and no hassles. There are plenty of dealers who only add stuff to the cars at the customer's request. Deal with those and no problems.
Dennis
Now....what's wrong with buying a car for as low as you can? Doesn't everyone want to do that...isn't that the basis of this forum? To share good deals with other buyers? Do you go house hunting and pay the asking price if it seems "overinflated" or are you going to try to make what you feel is a fair offer to the seller? People do it every day and there's nothing wrong with it....like someone said...the seller or dealer can refuse to sell if they feel their profit is not what it should be. That's what it's all about. The market also determines how much you can get too...gas prices up, new car sales down. A couple years ago...housing prices were up and it was a sellers market and homes were hard to come by and bidders where going wild and fighting over houses, now they are down and houses are sitting on the market. Everyone looks for a good deal and a right time to buy...so don't criticize those of us who just want a good deal. Have a nice day and try not to take things so seriously.
I just said it is just far easier to avoid dealers who add "dealer installed accessories" to every vehicle prior to offering them for sale. No matter how you try to negotiate the price of these add ons, it is not likely to ever be as good as $0 - the cost if you just purchase from a dealer with no add ons.
If I don't want a wind deflector or mud flaps why should I pay anything for them?
I agree with your suggestion to negotiate the price on these items if they are already on the car, but if you don't want them you are still going to pay something for them for them in the end. It is a lot better to pay nothing for them by taking your business to a better dealer.
You offer up dumb "advice" and then take offense if someone does not agree with you.
Dennis
Well according to some on here...balance transfer doesn't exist...so I don't know what to tell you there. Honda's 800 # customer service told me that about the addtional 1.5%. Maybe some dealers get it and others don't? I don't know. Maybe the balance transfer is really a reimbursement to the dealer for advertising cost and dealer prep fees (another charge you can refuse to pay since it's reimbursed)? I just don't know...all I know is what Honda said. So to be fair to those sellers who said the don't know what balance transfer is...I would just disregard the 1.5% and just keep in mind the 2% holdback.
The EXL model you are talking about...exactly which one is it? I think you said it was an AT? Does it have nav? It was a 4 door, 4 cyl? Or a V6? Those make a difference in price.
Chill out. I don't take offense if someone disagrees with me. I could care less. My "dumb" advice isn't dumb at all...I found it all over the internet when I did my research. Anyone else on here can find the same information if they google it. I also got some info from a guy who owns a high end used car dealership who has been in the business for decades and is a friend of the family. So don't criticize me for just saying what I have read elsewhere. It's not my advice, but advice of experts in the field...or so called experts. I suggest you redirect your attitude toward them for writing the articles.
In post 20695, lance_mcb states:
"Accord EX-L 4cyl Sedan Automatic the price is $22,750.00 plus fees which comes out to be $25,116.10 "out the door". No hidden fees or surprises when you come in."
So it answers all of your questions except navi. I would assume that this price is without navi. No way would it be with navi.
Looking up the Invoice with destination=$23,428...subtract out the destination chrg of $635 = $22,793 is invoice without destination....you were offered $22,750....about $40 below invoice. Not bad at all. Could you go lower? Who knows...depends on the dealer. But it seems like a good deal.
Holdback is 2% off MSRP...about $470 which you would subtract from invoice without destination. Although this isn't representative of what the dealer paid. It's hard to really know what the dealer paid for the car because that varies from dealer to dealer and takes into account different factors like the volume of cars that dealer sells, etc..but you can at least have a very rough ballpark idea. Actual dealer cost is always an unknown figure. Let them have their holdback. I am sure they are still making a little more on the car than $40. But that's ok they are entitled to some profit (although I have been accused of not allowing dealers any profit for some reason on this forum). I'd say it's a good price. Anything around invoice is a good deal, and anything below is even better. Are you happy with the price?
Maybe someone else on here has purchased or was offered something different on the same model and trim and can let you know what they paid. I am looking at the same car, but in the 5 speed manual, so the prices are a little different.
Try emailing a few dealers in your area too. You might get a quote that's lower, you never know. I was emailing a honda dealer in Fairfax to inquire on his stock availability and he sent me an email with the info I requested and a quote that I didn't ask for...$900 below invoice without destination....I was shocked. Unfortunately they don't have the color or colors I am looking for. If you aren't in a hurry and have the time, take some time and email a few places. Best time to buy is end of the month if you can...sometimes you can get a little better price...not always. Good luck to you!!
Buyer - The price quotes seems very low. Let us know if you actually get that price.
Much appreciated for any inputs.
Would you please provide the number you called. The only reason I ask is because I just called, 1-800-999-1009 and spoke to Monica who is Customer Relations Manager and she flat out told me she has no idea about holdback or any other incentives (I even gave her my DLR # and my postion at the dealership) - other the national advertised or regional incentives to consumers.
As I stated in an earlier post, you are half correct. It's not called "balance transfer" it really has no name (atleast on the invoice) and it's a 1% credit of the MSRP before the destination charge (which just went up BTW).
The dealership get's the 1% on the dealer statement 30 days after the close of the previous months business.
Now, if you can get a dealer to go all the way back (the full 3%) then more power to you.
Good luck being a professional shopper
Just to let you know of a deal I just completed today. Hope this helps someone.
Accord V6 EX-L Nav -- 27,569 OTD
Vehicle Price: 27,280 ($26,645 + $635 destination)
Doc Fee: $ 198
Title Fee: $ 5
New Plates: $ 86
5% Mass Sales Tax $1,364
Total: $28,933
Price Pre Tax $27,569
I am in Massachusetts. This was a painless transaction. 20 dealers contacted last night, several replies today, and negotiated with the ones most interested in dealing.
Please let me know if you want to know more.
thank you
m patel
I went to the other dealership (Honda Santa Ana) and am a VERY happy customer. Did not even have to talk pricing at all (even without a written quote), the price agreed upon was honored and I was treated very nicely, given my experience from the day before it is a breath of fresh air to be treated so well and honestly. The internet/fleet guy was experienced very easy going, true relationship selling and personable.
I got a Nighthawk Black EX-L V6 Coupe AT - $26,100 (vehicle price no TTL), no problems at all, I was still somewhat bitter from the day before was very defensive and on guard to the sales manager when he came out to see if I'd be interested in adding a cosigner on the loan to see if they can beat the bank rate but understood when I firmly said no and I will leave immediately.
In the end they did beat the bank, barely but they did beat rate so got the loan under same terms, no problem giving the loan to the dealership
Day and Night from one dealership to another - the number quoted is the number received. No hassle. Also received - Wheel Locks, Splash Guards and 25% tint....at no extra charge.
HIGHLY RECOMMENDED - SANTA ANA HONDA
I am staying in VA looking to buy at dealers around VA MD