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The salesman emailed me and told me his cost was $557 for this feature.
The holdback, coupled with the fact that no dealership will want many, if any, 2005 Accords in inventory when the '06s start arriving in September, can potentially get you to $1,600 under invoice.
saads, to answer your question, I had no added options.
As far as pricing, in my case, it was the end of the month and the dealer was clearly looking to move a vehicle for 06 inventory security, as they had to get my Accord on a dealer trade from 50 miles away. They had no EX V6's left on their lot, and still beat all other offers by 750.
If you're in Central FL, you should have no problem getting 1250 (or more) below invoice.
Good Luck
An '05 Accord is going to be a full year old in a couple of weeks when the '06 is introduced, so there should be a substantial discount on an '05 car if purchased this late in the model year.
Most of the prices I've seen here show below invoice deals, and a 2005 car is going to be a full model year old in a week or two. Honda clearance ads are now running on TV and I'll bet that over-eager buyers will be paying too much for scarce '05s when they'd be smarter to wait for an '06.
Almost 2 years ago, I bought my '04 Accord EX-L sedan within 2 weeks of the car's introduction and paid about $250 over invoice for it. The all-new, '03 Accord had been available for one year and my car was among the first of the '04s when I bought it in August, 2003.
I think I was much better off buying a new '04 instead of a leftover '03 that lacked many features of the '04 car I bought. There will be features on the '06 Accord that you'll be glad you waited for.
It follows that the '06 should be only a few hundred dollars (if that) over invoice when it's introduced in a few weeks. The '06 will have some changes, but will be essentially the same car and demand isn't going to be all that great. Just be sure to negotiate a good deal and do your homework here at Edmunds and other sites so you can bargain skillfully.
Discounts from MSRP will be available on '06s and that's why I say that trying too hard to buy a leftover 2005 is a mistake. You'll pay a few dollars more for an '06 than for an '05, but get a newer and better car at a favorable price if you have patience..............Richard
Planning to buy a new accord LX 4 Dr AT. I am in central jersey. Looking for suggestions from you all related to pricing, things i have to consider and precautionary measures while talking to the dealer etc.. Is it OK if i can wait till this month end for more better pricing as 06 models are coming. This is my first new car purchase
Looking for your suggestions.
Thanks in advance
-Raaga
please let me know if I can buy an accord out of state where I reside.
Do I need to have a residential address to buy one in a different state??
Please reply....anyone.
I would like to raise this question - which is better for a person who is looking to buy a new Accord end August 05 and selling it in June 07?
Options:
1) Buy an 05 Accord for say $1,500 below invoice.
2) Buy an 06 Accord for say $400 above invoice.
Question - in terms of resale come June 07, would 1) or 2) present a better economic case? (ie minimise depreciation)
The thing is June 07 will be a really though time to gauge - the totally new 08 Accord will just be coming out or it might be out already (by that time the new Camry will have already been out over a year). If the 08 is already out by June 07 there'll be little resale value diff between an 05 and 06 Accord (less than the $2000+ in this hypothetical case)
raaga -
Go to www.OpenRoadHonda.com (they are in Edison, NJ) and get an online quote. They are well known to discount their cars more than most Honda dealerships, also check out www.carsdirect.com and enter your NJ zipcode to give you and idea how much dealers in your area are selling the car for. Infact you don't even have to go to the dealearship unless you are going to test drive the car you want.
You can do all the negotiations over the phone and via email, make sure they send you the final OTD price with a full break down of the options and other miscellaneous or dealer fees. This way when you go the dealership there will be no surprises. Remember to be spefic on exactly the color and other options you want. Insist on an OTD price and let them email or fax the Purchase Order (PO) info to you.
For the Accord LX 4 Dr AT, you can get one including destination for around $17500 or even less, including TTL.
If you want to save some money, then you may want to wait until the month end to purchase your 05 Accord, but bear in mind your car will be a full model year old as soon as you drive off the lot. The 06 will have a VSC (am not sure if this is standard) and a substantial facelift.
In your case the best scenario will be to wait and see how much dealers in your area will sell the 06 for, if everyone decides to buy an 06, then you may get the 05 at a very good price. Also note that you may not find the color or the trim of your first choice on the left over 05s.......Good luck.
Thanks for a quick reply with great useful information. I will keep your points in my mind while negotiating the deal. BTW may i know what is meaning of TTL?
Thanks
-Raaga
signed
art9
Is 17500 plus tax and tag a good price for Honda Accord 20Hi05 LX 4dr sedan auto?
But the dealer said this price doesn't include the side airbag--i am confused, coz i think the standard equipment should include the side airbag. :confuse:
Should I go ahead to buy it or should I wait utill the end of this month?
Do you guys think the price will be even lower at the end of this month?
I am in Philly.
Thanks a lot
Nicole
As an accountant, I can tell you the main thing to watch for when buying out of state is the sales tax. The out-of-state dealership SHOULD NOT charge you sales tax if you're going not going to register the car in that state! The down side is that you will be billed by your home state within a few weeks of registering the car for the full sales tax amount. Just be aware of that since you won't be able to roll the tax bill into your loan and will have to write a check for it.
Good luck! And you might want to check out Duval Honda in Jacksonville. A friend of mine bought from them a few years back and managed a good deal.
The point is that you probably shouldn't try to put a price tag on everything, and for a few dollars more, you can have the latest model with all of its improvements.
If you keep any car for only 2 years, you'll be absorbing plenty of depreciation expense which is much higher in early years than later on. If you want to save money, keep your car longer than 2 years........Richard
"At least $1,200 well below invoice"
Don't think so.
ie. do any of you know if the 2006 Hybrid will be coming later (like Dec vs September)?
If it has the same upgrades as other Accords, would you predict the 2006 will sell for much more than invoice?
And should I expect to pay below invoice now for a 2005?
(I am in N Calilfornia, where perhaps demand for hybrids is stronger?? and the best I have been quoted for a 2005 is Invoice + $500 -- although Open Road gave me a quote for $1500 below invoice just yesterday, but that would be absorbed in shipping if I bought from them)
Many thanks
R
VEHICLE SELLING PRICE: $22,004
--------------------------------------
+ Destination: $515.00 (set by Honda)
+ Options (varies on options)
+ Sales Tax: (varies by state)
+ Documentation: $198.00 (set by dealer)
+ Motor Vehicle: $242.00 (for DMV, varies by state. less if you transfer plates)
--------------------------------------
thanks
I am planning to buy an accord 4cyl with leather + navi.
What would be a good price for this model at this time of the year?
The invoice is around $23,934
For what it's worth, I believe the Hybrids are built only at one of Honda's factories in Japan, whereas the other U.S.-sold Accord models are built in Ohio. So, this factor alone may create a larger delay between model launch and arrival of Hybrids at dealerships. On the other hand, you're closer to a Pacific port by being in California, so transportation time may not be as much a factor for you. On the other hand, the factory in Japan may retool at a later time than the Ohio plant because they build other internationally sold Accords there, but I'm purely speculating. Anyone have concrete info? :confuse:
Here in my area in Alabama, the local dealer (Townsend Honda) has four non-NAVI Hybrids on the lot, according to their online inventory (1 silver, 1 white, 2 graphite pearl). But their pricing is still closer to the MSRP price than invoice. I would expect this dealer to be selling '06s Hybrids even closer to (or maybe even above) MSRP again once they finally arrive.
I haven't bought an Accord yet, I am waiting on the '06 changes. But for what it's worth, I had my heart set on the Accord Hybrid. But then I saw the EX-L 4 cylinder, which costs many thousands less, and has only slightly lower mileage compared to the Hybrid (24/34 for 4 cyl. vs 29/37 for the Hybrid). Californians and northeasterners also get the PZEV 4 cylinder, which means even lower emissions than for the rest of us, so you can still feel good about not polluting. With the 4 cylinder EX-L, you'll also get a moonroof (not on the Hybrid due to the weight), and the fold-down rear bench for trunk space access from the passenger compartment (also not on the Hybrid, because the battery is behind the rear seat), and more trunk space in general. You can even still get NAVI, if you want that. And since there are certainly more EX-Ls sold than Hybrids, negotiating is more to one's advantage on the EX-L than on the Hybrid. Finally, if you want an '06 model, there is no uncertainty about EX-L availability as there is with the Hybrid. They will definitely be on lots in a month or so.
If you're thinking about driving an Accord Hybrid for the long term (8+ years), then you also need to consider maintenance to the hybrid system, especially battery replacement. A friend who works in a Toyota service department here has replaced a battery on a Toyota Prius that was already over its 100,000 mile / 8 year battery warranty, and it cost over $4000 to replace. Surely that cost will come down as suppliers ramp up battery production, nevertheless hybrid system maintenance will become an issue at some point.
In any case, do what makes you happy. Like I said, I had my heart set on a Hybrid, but in the end I couldn't ignore the $6000 - $7000 price difference vs. the 4 cylinder with same (in fact, more) features. Yes, the Hybrid definitely has a horsepower advantage, so if you're looking for guilt-free V6 power, then that's the Accord for you. If you are concerned about price and long-term maintenance, then consider the EX-L 4 cylinder.
I have excellent credit and I'm wondering what kind of rate people with good credit on getting on 36 month loans.
First, I am responding to the fact that you live in the Alabama area and your local dealership is Townsend Honda. I too, live in this area! I have practically memorized Townsend's stock for the Accord.
I am in the market for an Accord. I initially wanted the Accord Hybrid. After reading a review in Popular Mechanics of a cross country road trip in a Honda Civic Hybrid and regular Civic, I changed my mind. The actual cost savings was 1 cent per mile and it would take 144,000 miles to make up the difference in cost between the Civic Hybrid and a regular Civic. I think you are on the right track with your analysis of the cost difference of the Accord Hybrid and the EX-L 4 cylinder. (This is not intended to offend anyone who is the owner of a Hybrid.)
I am possibly in the market for an EX-V6. I really loved the power of the V6! I decided to forgo the gas mileage advantage for the power advantage. However,
I have been sorely disappointed in the price quotes I have received in the Alabama area. I was quoted a price today at Townsend Honda which was nothing below invoice! I have also e-mailed numerous dealerships in the Alabama area. I have received replies for out the door quotes for $27000 plus from more than one dealer. I have received one quote which is $900.00 below invoice. It is discouraging when individuals in other parts of the country are getting such wonderful deals.
I check this board daily to see what others are paying and my quotes are substantially higher. Does anyone have any suggestions?
But in my case, I'm not US citizen. I'm actually from Singapore and will be in LA for MBA studies for around 2 years till June 07. Hence hoping to buy a car and then sell in 2 years.
Why not buy used? Well I want a thrill of owning a new car, esp the Accord. In Singapore, cars cost a bomb. The 2.4L Accord 4cyl EX equivalent in terms of frills costs around 55,000 USD OTD!
Also I got a great graphite color. actually I was going to buy a civic VP for 13660 so I spend 3.5 to 4K more and got a LX .
it looks great though, I did not expect the LX to look better than my 97 acura both in and out.
there is this 387 protection packake for wheel locks trunk tray and splah guards , but its very cheap on ebay. any opinions
TIA
Thanks again, would have never bothered to get a quote from them anyway.
For example, the invoice price is 18500, if includes dest, it will be around 19000. Then is 17500 a good price or I should go further to ask 17000?
Thanks for reply from anyone.
Ni
If you do want wheel locks, etc., any of those things will be much cheaper if purchased separately on the internet or from some other low-cost source.........Richard
When did you buy? Where are you?
What's the out to door price?
Did you pay any doc fee?
The lowest price I was quoted is 17500 plus tax and tag, which leads to a OTD price around 18700. You price beat this!
Have you also tried Sunnk King Honda in Anniston/Oxford? That's who I'm looking to for an '06. They quoted me an '05 version of the configuration I want, but the price was over what I was hoping for. I'm beginning to think that some dealers, at least those in this area, just see the Internet as an online way to negotiate. So, I wouldn't take their first Internet OTD quote as final.
If I were you, I'd give them a: "Hmm. That's more than I thought. Edmund's TMV price for this area is $xxxxx. With tax, title, etc I figure that to be $yyyyy.yy OTD. Can you come closer to that?" The title is around $15-$18. Tax depends on the county. I think Tuscaloosa is 3.25%. In Oxford it is 2.5%. I'm not sure if the dealer will collect your home county tax or the tax of their location. Nevertheless, you can take the TMV price and add these final items to arrive at a target OTD price.
I just checked the TMV on the V6 automatic w/o NAVI, and it is $24178 (depends on color) whereas invoice is $24673 (both incl. destination). So if you're getting $900 below invoice, I think you're getting a good deal, 'cause it sounds like you're below the TMV price. With NAVI the TMV is about $25990. Just remember, this doesn't include the tax and title. Here's an Alabama state gov't site with city and county sales tax rates. Remeber to add 2% state auto sales tax on top of the city/county auto rate:
http://www.revenue.alabama.gov/salestax/sales/salesindex.html
If someone comes close to a price you are willing to pay, be sure to ask them to fax you a breakdown of all the fees, etc., so you have their complete calculation that arrives at their OTD price.
If someone doesn't come close, then hold off and call back your preferred dealer a week or two later. As we get closer to the arrival of the '06 models, they'll be more willing to let the '05s go to make room for the '06s. If you want to be a little more aggressive, or if they give you a sob story, tell them that you're aware that they're getting a $1250 incentive on the '05 V6 models thru September 6.
Let us know how it turns out, and let me know what dealer you end up buying from. I'm not in the market for one until October.
Like I said in my area that was the best deal, I almost got in a a civic deal and then the accord deal at 18366 ( without ttl ), so this is great.
So 18700 OTD looks great
Also should the tax calculated with or without the dest charge?
Will you get a better deal buying an '05? Yes. Will you have to sell one of your kidneys to afford an '06 Accord? No.
Thanks
I'm a recent college graduate, and plan to buy a Accord LX soon. I know that Toyota has cash rebate for recent college graduates. Does anyone know that Honda has the similar cash rebate? Thank you!
Also, have you considered coming to Atlanta to buy the car? The competition in Atlanta keeps most of the dealers here offering pretty good deals. I suggest Curry Honda in Chamblee or Hennessey Honda in Woodstock if you are interested.
Word of advice- don't let the Toyota rebate sway your decision. They build very reliable cars, but they're the automotive equivalent of novocaine. The Honda is a much more entertaining vehicle to drive and is of equal or better quality.