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The car is show room new with what I consider a great color. My only question was how to find a Honda dealer that would give me the even up trade. Also, I was told that the passenger seat on the EX L Sdn V6 w/navigation has the up and down mode.
2008 Acura TL Select Year 2008 3.2 NavSedan 4D Enter Zip Code Enter Mileage Add It UpAverage Trade-InAverage RetailMileage AdjustmentBase Price$25,475$28,975 Mileage $1,725$1,725Total Value$27,200$30,700Resources
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BTW, I have a G35x '08 w/ 10K miles (non-smoking, single driver), and this website says the trade in value is $27,375. However, I think 25K is more realistic b/c people can get this car new for about 30K.
The initial quote from the dealership was $23,500 out the door. I couldn't get any neighboring dealerships to match that quote, so I went in and low-balled an offer of $21,500. Of course it was a no. They said the "best" they could do was $23,300, so I left.
A week later, I was in the dealership again and we offered/counter-offered some more until we reached $22,850. That was a number my budget could deal with, so I bought it at that price. I'm just wondering how my purchase price compares to others who bought the same car around this time.
Was $22,850 ultimately a good deal on the 2009 Accord EX coupe? Thanks.
Don't go by what you were "told", verify for yourself. The passenger seat does NOT go up/down. I wish it did.
Impossible to compare OTD prices across the USA, too many variables in state taxes and fees, post the breakdown from your invoice.
So I took this quote and asked other dealers if they can beat this. Many of them just said no. They cannot match this number. I am really puzzled. Why? Why do not they want to make a sale??
As the times get tighter for consumers, so do they for dealers. Remember, dealers are for profit business'. Because people are spending less and buying fewer cars, dealers need to strecth each dollar a little further.
But, the real question is why not go to the dealer that gave you the good quote to begin with?
The Sandman :shades:
Not if the dealer can make more from someone else. As someone else posted a dealer is a for profit business.
"And they ended up doing all the warranty issues"
Warranty work is not profitable for a dealer... it is break even. Some dealers would rather shy away from warranty work.
I told him I would do a 2009 Accord EXL V6 for $24898.00 but he passed.
I remember someone once said (about a thousand dollar loser), you'll make it up in volume. I said yeah you're right, -1000 times ten equals -10000 doesn't sound like a vloume of business that I would want to be apart of.
anyone have recent pre-TTL price for 2008 or 2009 accord exl-v6 in socal?
This is best deal I got. Think I can do better?
$23710 internet price
6% sales tax $1422.60
pa tags $191
OTD $25323.60
A dealer buys cars from the manufacturer at a set cost all year around, good times and bad. Take any other industry for example. You dont see Walmart paying less for a Wii from Nintendo for less just because supply (at present) out weighs demand. If anything, Walmart cuts the volume of purchases and thus incurs a higher wholesale cost.
"But in this economy, anyone who ventures out to buy a car, he or she also incurs significant financial risks because unemployment is no longer a distant possibility."
So I understand your theory correctly; you think, because of a higher risk of perceived job-loss, that Honda (or anyone whom you conduct business with, I presume), should in fact lower their prices to reduce your financial exposure in the unlikely event of job-loss? Thats how I understand your statement. :confuse:
"That risks, I believe, must be compensated with lower prices to offset it or no one would be willing to take it."
A business can not survive if they continue to pay more wholesale then what they sell for retail (without a government "bail out").
"If one bought a house during the height of the market; he could either (1) demand a sale price comparable to what he paid for, or (2) take the loss and move on. The value of the house has not changed (his costs are still the same), yet the offers he has received were far less."
I guess you never considered option (3) WAIT IT OUT. It's a simple concept really. If you bought a house in 2005 and put just 10% down, you are upside down in your house. Deal with it, I am. My house in 2005 was worth $350K on the open market, it's now worth just $286K. Thankfully, I used about $150K profit from my other house as a down payment. Thanks to the same over inflated real estate market, I doubled my investment.
My costs (in terms of my house, or the cars I sell) are the same, yet my offers for both are far less. As a result, I choose not to sell either one.
WM can afford to charge full price for the Wii because the demands are there. Give it a few more months, I suspect Wii prices will come down. Unless...umm, WM decides to "wait it out".
When the demands are barely there, lowering prices maybe the only way to lure in the customers.
A business will fail if it keeps selling at a loss. But should he fail, he'd take himself out of the supply/demand equation... lower supply would then bring higher price. Regrettably, but only strong ones would survive after this one.
Some time this is not a viable option. Those who are selling their home now because they have no other choices. Consider yourself among the fortunates!
This shall be it from me... this is a car forum after all, not microeconomics.
Honda has a certain value that they place on each and every one of their models and they will only sell for just so much under invoice.
The prices for the Civic LX are lower than when I bought back in '06, but times were different back then. A newly designed 1st year model commanded a higher price than does the same model 3 years into it's production cycle. There are some screraming deals now over when I bought but again, they will only go so low on a '09 LX model no matter how bad the economy is or what the perceived value the customer has of the car...just that simple. I truly believe that within a year, we should be going back into a bullish market but make no mistake, it'll never be "business as usual" again in America!
The Sandman :shades:
You also also correct for the 36 months/12000 mile residuals.
The Accord is not designed to complete with the TL. The Accord has a sportier ride than the Camry due to its design.
"Also, the inside workmanship just didn't seem like Accords of the past."
In what ways? The 08-09 are a generation different that the previous years so apples to apples cant be compared.
"When I left the dealership, and got in my TL to drive home, and it was like night and day compared to the Accord."
There again you are not comparing apples to apples.
Can anyone else confirm? What is happening?
"The Accord is not designed to complete with the TL. The Accord has a sportier ride than the Camry due to its design."
Your above response is a negative, for I wasn't comparing the rode noise of Accord to TL. The TL has the sportier ride, not the Accord. For me, Honda's that I purchase in the past never had the rode noise like it has with the 08-09 Accord. For the amount of time Honda had in making the car, the rode noise that's heard is unacceptable.
"Also, the inside workmanship just didn't seem like Accords of the past."
"In what ways? The 08-09 are a generation different that the previous years so apples to apples cant be compared."
Purchase new Accord in year's 1994, 1999, 2004, and 2006, all "generation" different from previous years. And, the inside workmanship in ALL those Accords were top shelf unlike the 08-09 Accord. There I go again, apples to apples. (One can sure by a lot of apples for $31,000+)
The latest offer I got from the dealer is $25,900, which ends up to $27,750 OTD.
(taxes might be lower b/c it's in Texas)
It's 09, V6 coupe with EX-L trim, no Nav.
I might pull the trigger soon...
Nice pic btw!
I recommended that she at least pull her credit report and if good go to one credit union/bank to try to get financed in case Honda doesn't have anything good. She's young (24), doesn't have much credit (although what she has is good) and is worried about too many dings on her credit report. However, her parents are suggesting that she NOT go elsewhere and only work with the dealership b/c they are the only ones that can offer a good deal due to her lack of credit history.
Now she's torn - listen to friend vs parents.
What are your thoughts/recommendations?
What price / trim is she getting on the Accord OTD, and what city?
I purchased it for $23,600, with taxes, destination and titles fees, etc. for $25,165.82 OTD. The dealers acted like I was ripping them off! I'm not sure if I did ok, or not.
What do you think? I also traded in my 2000 Toyota Solara w/58,000 miles for $4200. I think I should have gotten more for that, but I couldn't find a private buyer.
1. 23,469.91 sales price, 25,346.50 OTD
2. 23,455.46 sales price, 25,321.08 OTD
I have not countered yet, this was both dealers' first offer. How much better can I do?
Thanks
cbas - how far are you from dayton? someone quoted me from dayton - 24131 OTD. email me for details.
All dealers played their games with me and confused me with their prices, options and other fees. I did a lot of homework before making my decison to go with the price. My advice is that you need to know the invoice price, check this website and see how other people did it and then give a lower (much lower) to many dealers. Talk to as many dealerships in your areas/states as possible, so you will get a good sense of how much the price in your areas. Then email them and spend some time talking to them but give them a flat number and try not negotiate options, fee and other stuff with them since dealers will pull out their papers to show you that they are losing $$$, that just a lie. Keep talking to them and pressure them about good prices you got from other dealerships (make up some fake but reasonable and believable number to make them think and compete). Believe me they will compete but your figures have to be believable. They might not do it at first but try to email them once a while (most of the time, they will email you in every 2 or 3 days). It's better for them to email you first since this tells you they are worried if you have bought the car. No salesperson want to lose any deals, especially in this bad economy. Keep in contact with them till the end of the month and that's when the salespeople and dealerships need to report and meet their sales number. This is the best time to cut a deal with them and they are much more willing to accept the cut since they are under pressure. Know your local market and wait till the end of the month, you have the best chance of getting the best deal in your hometown. Good luck and thank you for everyone that post their information that have helped make my descision.
Just bought one from dealer in MD, $27600 Out the door and I am VA resident.
But they don't have special financing for Accord, and want to charge me 5.34% for 36 months, i have a very good credit history, is it the rate supposed to be ? They said they will give me few days to go to bank to see if I can get a better rate.
Bedford offered a slightly better deal with a $200 gas card. They have much more aggressive sales people. I didn't care for that. So I purchased from Mentor.
Good luck
So, get as much off the car as possible and can the gas cards.
Good luck
--jjf
I got the same exact deal as another guy on this board, from the same dealer (Hendrick Honda, Woodbridge, VA), and I haven't seen another even come close (not that I'm following too closely anymore). My suggestion is to call and ask for the Internet sales person, tell them the exact numbers from my deal and cross your fingers. I'm told that Internet Sales staff get paid a flat fee per car they sell rather than a commission based on the price they negotiate (like showroom sales people), so they have an incentive to give you a good number.
Regarding financing: While I was test-driving cars, a Toyota sales guy told me that Honda and Toyota seem to alternate with lease/financing deals, so when I was looking in late December, Honda had the great PAR on the Accord and Toyota had the killer lease of the Camry. Then they switched - Toyota has the great APR and Honda has the lease deals. So if you're interested in buying, my guess is that Honda will go back to good APR after 3/2, when the current lease deals expire.
Good luck!