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even on realcartips.com you will notice that most coupes are sold for less % off msrp as opposed to sedans. for those cps with higher % off if you go to details you more than likely notice that there was a trade in.
so i do agree with you that on a sedan you are more likely to get more off but may not be as likely on a coupe.
also on your deal you said that you paid $19,369 but paid $250 doc fee. in houston i could have paid $19569 and still have got the same deal as you because here in houston our doc fee is only $50. our OTD price would be different because as you know our TTL would be different due to different state.
so to be fair the price paid specified should include doc fees and this would be price paid before TTL. other TTL fees will be different so the OTD price is not good to compare
so once you consider car price plus doc fee and no other TTL fees it would be more reasonable to use that to estimate % saved.
i have seen a prices paid in forums that paid way less than many but their doc fee was $599 so once you consider that it kind of evens out with the rest of what other people pay in other areas.
but there are people who get exceptional deals so by all means go for it guys but keep in mind there will be less of those people. but none the less most here get better deals that those that go in to a dealership with out info. lots of people come to edmunds.com to get the TMV but most of them do not know of the forums here so they actually pay more than people that read the forums.
This was after they tried to tell me that I couldn't have this price AND cash for clunker ($4,500). This is the best of the 4 internet quotes I recieved from local dealers via Edmunds.
Bottom line $22,690 + doc, title and tax - $4,500 CFC.
Realcartips.com rates this a B+. What do you think?
Cash for Clunker has changed my strategy of buying a used Acura TSX (can't find one at the right price for 2 months!!!!)
If you look at the last 2 pages of realcartips, the coupes seem to be selling for the same % off, about 17%.
Doc fees are crucial in evaluating end prices. Some areas charge $50 and some charge $850. Pure profit. I agree, docs fees should be entered into the equation.
The upshot of all these discussions should be that this a great time to buy a new car with the incentives and the federal tax deduction. The clunker promotion can make it even better.
I purchased the Accord LX-P, a 2009, for my daughter. In 1998 I purchased the same Accord for $20,500 which was $1,200 less in 2009.
In 2004, I purchased an Infiniti G-35x for about $35,500. In 2007, my wife bought a 2007 G-35x for $34,000 and today you can buy a 2009 G-37x for $33,000. Amazing, considering that all of these newer models have alot more packed packed into them than their predecessors.
I put your numbers in realcartips and it rated it a C. Still a pretty sweet deal due to the clunker program.
I test drove the Lexus ES 350. It is a nice car and is priced in the high 30s. They will not have the incentives that the Accord has and they will generally not deal as much. It rides more like a Buick and is not as sporty as the Accord. My wife ended up buying an Infiniti G 35 instead since the Lexus drive was a bit boring. Still a nice car if a non sporty ride is what you are looking for.
Leasing is generally more expensive in the long run according to most experts unless a manufacturer is subsidizing the lease through incentives. I leased a Honda Prelude for my son a few years ago and will never lease again. You have to be concerned about going over the mileage limit and you are at their mercy when you turn the car in re repairs. I also didn't like waiting for the leasing bank to mail me a power of attorney form every year when I renewed by license plates. There is also a fee if you decide to turn the car in at the end of the lease. The pluses are that you only have the car for 3-4 years and you do not need to pay for many repairs since the car is usually under warranty for most of the lease.
For 2009 you get a $1,200 Federal tax deduction on the taxes you pay on a new car. If you are in the 25% tax bracket, you would save $300 this year on your Federal taxes.
Holdback is the money the dealer gets back from the mfg when they sell a car. Every car company is different but most companies pay a 2% bonus (from MSRP ) to the dealer on each car it sells. This is profit for the dealer. Some car companies pay 1% some 3% and a few pay nothing.
Many sites show invoice price including edmunds. Go to the edmunds home page and in the upper left hand corner is a new car section. Enter the vehicle and you'll end up with invoice price.
Re the Accord, it is loaded with safety items as standard equipment such as stability control. Others such as the Camry or Altima includes stability control as options. Just a couple of years ago you had to buy a Lexus or Infiniti to get the stability control as a standard item. I currently own 2 Infinitis, an Acura and now an Accord for my daughter. I feel that the Hondas are the most reliable based on owning 3 Accords and a Prelude in the past.
Is that a price worth pulling the trigger on, all other dealerships are quoting me in the price range of $27K- $28K?
Thanks in advance
All dealers pay the same for the car in all parts of the US. The holdback is the same, 2%, and the incentive is the same, $1500.
The only variables are the number of cars they have and possibly the demand in their area. A small dealer with 5 Accords will probably deal less than a dealer with 300 cars on their lot although one dealer in my area only had 10 Accords and he matched the deal I received from a dealer with 200 cars. The amount of doc fee is the final variable.
Trade in amounts and financing can affect the price, if you don't pay cash, also but the invoice price, holdback, and incentives are the same everywhere.
I paid $19,369 for the same car plus a $250 doc fee. No other variables. If you are not paying a document fee, then your deal is $581.00 more than my deal which 2 dealers gave me in NW Ohio.
i had an internet quote on the EX-L V6 standard model for $25109 at the biggest dealership in midwest, so i went in today to check it out, find out that they don't want to share the $1500 incentive since i don't have a trade in and financing thru my own credit union. they want the above car with splash guards, wheel locks for $26900 before TTL and doc fee. the salesperson unintentionally show me there are still 2009 accord enroute to the dealership, so which means honda still has 2009 accord sitting at the factory. well, i guess i have to wait for a better deal then.
I was able to place $3,000 on a Visa Credit card paying 1.25% cash rewards. That is most the dealer will allow a buyer to place per car purchase. In return, I received $37.50.
MSRP: $25,115
Price $21,519
Dealer Fee $399
Taxes (7.4%) $1621
Cash4Clunker $3,500
OTD: $20,039
msrp: $23415
internet price:$20000
-$4500 clunker trade in
$17201 OTD
could i have gotten a better initial price:yes
could i have gotten better price - C4C: no
dealers here (N Ca.) are arogantly charging msrp when a clunker is involved. overall i am pretty happy with this deal. a couple of weeks ago i had a $16800 OTD deal, which lasted for 10 minutes (the guy calls back telling me the deal was a no go, since his dealership put clunkers on hold during the 1st billion... they jacked up the price to msrp after the additional $2 billion was approved). the dealerships in the country should be a zoo this weekend, glad i could avoid this. these salespeople deserve a kudos for sticking by this deal for 3 weeks (yup i waited to see if i could do better around town), at any time during the 3 weeks they could have jacked up the price.
Date: 08/19/09
Location: Southern California
Price+doc: $20,900+$55
Tax: $1,440 (8.75% - thanks Arnold...)
Clunker: ($4,500)
OTD: $18,250
Tried nearby dealer but they claimed the cars were 'moving too well' and they wouldn't go below $22,400. That's a fair bit higher than truecar.com shows (average: $21,134). Checked carsdirect.com and they showed $20,900 so I gave them a call. Took a day to find the car and I had to drive 90 miles to Riverside to pick it up, but everything went smoothly.
Well, almost. Dealer tried to charge sales tax on full amount, but here in CA the clunker cash is non-taxable. Would have added another $400 to the bill. After I pulled out some paperwork from the state pointing this fact out they recalculated the sales tax. Later I spoke with a co-worker who also did a clunker deal and he DID get charged the additional tax. He called his dealer back up and they claimed it was a mistake and they are going to refund him when they get the money for the clunker he traded in. Buyer beware.
As for the car, it's great. The more I drive it, the more I like it.
P.S.
I see that carsdirect.com now shows $21,757. Huh? Prices are going up?
TMV: 21923
carsdirect: 23000
The $4,500 part is consider a non-taxable sale to the US government so it comes right off the top.
Again, this is a California thing (http://www.boe.ca.gov/news/pdf/l230.pdf). Other states may handle it differently.
LX-P (MT) - 19,800 + TTL
EX (AT) - 21,800 +TTL
Are these good deals? PS - No trade-in . Thanks.
the EX price can go lower. around 20,500.
lucky for you that you did not have a clunker to trade. you should have your way with the dealers this weekend. my advice is to get more quotes and if the dealers in your area have a good inventory then you should have no problems getting a lower price than that. i boiught an LX-P for $20000 - C4C and it was an AT.
2010 arrive in the middle of Sept. they will slash prices to make room for them!!
Altima Coupe 2.5S + Premium pkg + Tech pkg + Dest = $25560.
Accord EXL V6 Coupe + dest = $25600
Civic Si = Only $500 below MSRP + dest
Which one is a good deal?
Please help me, I am confused :confuse: between Civic Si, Accord EXL, Altima (all coupes) :lemon:
The Altima 4 cylinder does not match up with the Accord V-6. The VQ 6 cylinder in the Altima is amazing but not the 4 cylinder. The Si is a cool car if that is the type of car you are looking for but it too is a 4 cylinder.
The deal on the Accord is the best of three.
Right now I've got a handful of quotes on a EX L sedan (without the v6 or navigational), most coming in around 22k before taxes title, fees. Any advice on how to bring them lower would be much appreciated. thanks.
It ends on Sept 8 as per edmunds.com
22K is good deal and about prices, as 2010 accord is hitting the showrooms in next 2 weeks, price will go down if dealer hv many 09 models (even honda will give direct cashback to cust. on 09 models) otherwise the price will remain same.
Hope this will help.
Thanks,
Mr. LXP
I live in Portland, Oregon and got a quotation for 24745$ (MSRP was $27155).
Is this a good deal?? I saw some people get near $22.5K - $23K range.
If you bought your EXL lately please share your purchased price (before tax and doc fee) with me. Thanks!!
Great car, NAV system with the XM = alot of buttons to figure out.
I am looking for 2009 Honda Accord EX AT Sedan. What is the maximum i can pay before taxes? I got quotes around 21K before taxes, title fees. Is this a good price?
I was successful in trading my 06 Accord for an 08 with less than 6 months left on the lease. I ended up ahead by a couple hundred $ doing so and saved myself from having to buy new tires with only a few months to go. Sometimes it does make sense to trade early.
Some reason the quoted price in Portland, Oregon area is much higher, 24.5K$ range... :mad:
you still did much better than other houston people who only look at edmunds TMV and not at this forum.
Also did your purchase price include any dealer add ons or did it not have any. I ask because most houston dealers are not will to include them without charge.
what dealer did you buy from. did you finance through them
if you plan to keep you car for a long time an 09 would do and could save you some money. also some people want to wait more and although there is only a few color combinations (exterior/interior) it will be more difficult to get the one you want the longer you wait. i got my coupe in june and there was only one in my area that had the color combination i wanted . finding color combination or exact color would be more difficult in coupes as there are less when compared to sedans.