2013 and earlier-Honda Accord Prices Paid and Buying Experience

dlb1001 · August 2005

I just went in and bought a HOnda accord EX V6 with navigation. The best internet quote I got was 24105. I called up five dealerships and out of the five, 3 of them were able to get to 24500. So when I went into one of them the manager tried to bring the prce up to 25105, I told him what he said over the phone and he eventually came down to 24855. If I would have just got up and left I'm positive he would have came down to 24500. Of course after that they tried their best to get me to buy extended warranty as well as weather warranty coverage. Also they tried to get me to get accessories like the splash guard and wheel locks. I caved on the splash guard and wheel locks but haven't given them an answer on the warranties. Guess what the price came out to be, 25106. So once you get a price over the phone don't back down. But otherwise I"m happy with what I got which was something like 4500 off the MSRP. Does anyone think I got a good deal or think I should have held out for a lower price? I used cars.com and that worked out well for me.

drivingenthu · August 2005

I donno why they charge so less, but Raaga here got a better deal than the 17053, otd he saved around $850 than my $19060 OTD.
Anyway its good many saved some money using those quotes.

dtw61 · August 2005

I am buying the same car Monday in NE Ohio for 18152 including destination. I didn't have any trouble getting that price but could not get anyone to go lower. What dealer did you buy from?

snobord · August 2005

Okay, I just got home from the dealership and the deal was legit. I have until Monday to seal the deal with them. I must say that I was very dissappointed with the service I recieved at this SCHAUMBURG dealership. The sales men was very short with me and kept telling me they were not making any profit off the deal and they really did not want my deal.

Play by play...I called the dealership at 11:30 am got the quote by phone for 24,500 and the salesman stated they had all three colors I wanted in stock (Silver, Graphite Pearl, Black). I offered to come right in and seal the deal with him as well as fax a credit application in so they can have everything ready when I got there. He said that had to wait until I got in because of how their dealership worked and the volumes of cars they sell each day. He then said he did not have an appointment open till 3:30pm, so I said okay. At this point I figured he was setting me up for a switch. I got to the dealer a little early and was able to walk the lot and see the cars and verify they were actually in stock. They were there so I was very happy. The salesman finally lost the sale he was working on when I walked in and he then grabbed keys for the Black and the Graphite cars. We went out to take a look at them. I did not realize the Black did not come with Black leather and I did not like the Gray interior of the Graphite Pearl so that left me wanting the Silver. He then wandered off and came back to tell me the silver one is a demo and has 4k miles on it. He then said the one that was brand new must have sold during the day since it was so busy. Of course I asked what type of discount they would get me and he replied it would be the same price I was quoted for the others. I told him absolutely not! I told him I would not mind if they did a dealer trade and it had under 200 miles on it. He then said I would have to put down 500 to secure the locate that would be refundable if it were damaged when it arrived. I said okay and off we went to an office. I told him that before i hand over $500 we needed to settle the question of financing and that while I waited earlier i decided it would be of interest to look at a lease. He shrugged and glared at me. I made sure he had all the details he needed to get the right numbers on the lease (I would be going to another state the only pays tax on the actual payment and doesn't roll it in). He left and then came back telling me what a wonderful deal he got me on a lease. He wanted $449 a month which was $107 dollars higher than the calculator on the honda site reported. I told him that was way to high and he needed to disclose his figures to me. He acted confused and stupid and said oops, we figured in IL tax and rolled it in but it would not make much of a difference in the monthly payment. He also said the raised the money factor so i would not have to pay a security deposit. I told him to refigure the numbers. He left and came back with $379 a month which is still a bit high and he could not explain the money factor to me and would not tell me the payment if I offered to pay the security deposit. He proceeded to say that he did a dealer locate in all of IL and no one had the color I wanted but they may in Indiana. I explained to him that his number were way off and I needed to have the numbers he was using disclosed to me. He then left and brought back a screenshot of the lease screen and told me to find him my calculations on the honda website. I quickly showed him and he was not expecting me to be able to by the look on his face. He then brought in their leasing agent and he pretty much took up space and added nothing to help me understand the deal better other than telling me they are required to add a Dealer Assinment Fee of $595 into the lease number plus a $15 flat tax for Cook County. I told him that no where on the honda site did it mention this fee. He then surfed around and said that must be what they mean by a documentation fee that was listed in the fine print. They were already charging a $55 document fee so that was a lame excuse. He also tried to sell me the silver demo at no discount and said it made no difference to the lease (Whatever!). I was not feeling comfortable with the results and needed some time to think so I asked if I could get the same deal on Monday and they wrote it up for me and agreed (I fully expect them to back out if I say I want it or say they can't locate it). That is where I left it with them. For those people who like the had numbers here is what I have.

Negotiated Price: $24,500
Document Fee: $55.??
Assignment Fee: $595
Residual: 50%
Monthly: 379.??
36 Month/15k a year

After I left I called a place in Barrington that had also given me a quote and had treated me nicely while I have been looking. They had the Silver car I wanted, but they wanted 25,721. She tried to work some lease numbers and came to $395.00 a month OTD including my WI tax.

I would say that if you have outside financing ready this may be a good deal for you. For my own financial reasons (one more payment on my current lease) I think I may take a pass on this one.

Good luck to all!
Eric

snobord · August 2005

When I was on the phone with him he asked what it would take for me to come in and buy it today. I told him if he came to 24,500 I would come in and buy it today at that price. I did not mention that I wanted to finance, trade, or lease until he gave me a firm quote. I am a man of my word unless they are dishonest with me. He ended up being dishonest by both telling me they had a silver in stock and fudging the lease numbers the first go around. Although, they may have had one when I called at 11:30, but since he put me off till 3:30 I consider it dishonest all the same.

Eric

mikethecarguy · August 2005

Carl,

The dealers were probably in the backroom of the dealership laughing their a**es off at your offer of $17053 (+515 dest. fee).

Why, do you ask? Here is the real dealer wholesale cost:

21,090.00 List Price
19,134.00 Dealer Invoice
- 617.25
18,516.75 Sub-Total
- 750.00
17,766.75 Net Dealer Wholesale Cost

This gives the dealer a "whopping" $484.00 profit! When you bought your refrigerator, they probably made more profit than that!!

Did you get screwed? Absolutely not, you got a very fair deal. You should bring the salesman a gift certificate for a lunch at McDonalds. He/she certainly cannot afford to eat lunch on the commission that he made selling you your car!

Mike

mikethecarguy · August 2005

Here is the real dealer wholesale cost for a 2005 Honda Accord LX w/ Auto Trans:

21,090.00 List Price
19,134.00 Dealer Invoice
- 617.25
18,516.75 Net Dealer Wholesale Cost
- 750.00
17,766.75 Net Dealer Wholesale Cost

You may want to offer the dealer 3% or 4% profit, or they may have to resort to charging you "dealer prep" or some other false charge, just so they can stay in business.

Mike

lojeff · August 2005

I got the car and color I wanted. It came with some garbage "extras" that I certainly could do without but I think a decent deal. What do you guys think?

2005 Honda Accord LX with MT, fender&door gaurds, splash gaurds and the imfamous window itching.

$17,128
$1,028 (NJ 6% tax)
$7.50 tire tax (state garbage- all dealers here charge it)
$242 DMV( again state garbage all dealers charge it)
$167 Doc Fees (this seems high)

$18,573 otd

Again, I think it is ok and I'm super happy with the car. I am curious what I could have done without the bs extras. Thoughts? Also, I got it last month. I have been crazy and unable to post since I got it.

rheo · August 2005

Lojeff,

Sounds like you got a great deal last month! The car also comes with a lot of extras, what's MT? Do you have to ask for that?
I'm also in NJ. Do you mind letting me know the dealer you dealt with? I'm not good at negotiation, was there a lot of haggle?
Did you pay cash or finance through the dealer?

Thanks a lot!

blane · August 2005

MT = Manual Transmission

indianrider · August 2005

Schaumburg tried to shaft me too last week by adding 199$ for mud guards. We had specifically agreed to a price of 17,650 for accord lx auto and then when I am ready to sign the papters, the price is 17,849 and they would not remove the mud guards. I said screw it. Bunch of a**holes. I dont know why they cannot be honest and tell that the price is 17,849 and they cannot lower. They waster 2 hours of mine and their time. Grand was the same way. They tried to add 300$ for mud guards and door edge guards and floor mats. Floor mats are standard. Another bunch of jokers

I am getting the same car from another dealer for 17,800 without any gimmicks. Can't wait to pick it up on monday.

There are atleast 4 other dealers who are willing to give LX Auto for within 17,900

chucko3 · August 2005

In Massachusetts, the insurance is regulated by state. So there is no need to negotiate the price. You might want to find out if there is a group discount and see if you're qualified. I have AAA. There is a 6% group discount for AAA members.

richards38 · August 2005

Good for you! You did the right thing walking away from a dishonest dealer who added junk that's overpriced and unnecessary anyway.

The LX Accord is standard with just about everything you really need without plastic ugly pieces to pack the price.

Enjoy your new Accord--it's a great car.........Richard

rz189 · August 2005

I would like to buy a 2005 Accord EX Sedan, Silver or Graphite, 4 cylinder, automatic transmission, leather, and navigation this week in Indiana.

What price should I expect to pay before tax, destination, and all other fees?

Thank you,

Rick

cvenezia · August 2005

I got mine from Motorcars, what was your OTD price? Thanks

richards38 · August 2005

Rough guess after looking at these pages is about $1,500 or more UNDER the invoice price which is shown on Edmunds. You might do even better than that, but if not, consider waiting for the '06 that will cost about $200 to $400 OVER invoice, I think. There will be discounts from the MSRP on the '06 Accords, so if you wait, you won't have to pay sticker price if you do your homework on the internet and don't get pressured by a dealer.

The car you want might be as low as $21K + tax and license (Accord EX-L sedan A/T). Don't forget that the car will be new to you, but a FULL model year old in a week or two.

Make sure the added "document fee" is no more than $50 because it's pure profit for the dealer and isn't remitted to government entities as are tax and license fees. If the doc fee is higher, negotiate it away in your deal.

Here in CA, the doc fee is limited by law to $45 plus a few dollars for a "tire fee"--another government ad-on that can't be negotiated......................Richard

cvenezia · August 2005

Mike,

I didn't want it to seem like I was the "victim", I just wanted to see if I got the best possible deal considering they are trying to get rid of their 2005 inventory. Sorry if I offended.

-Carl

gly · August 2005

$17,900 (destination included) for an Accord LX with/AT seems like a good price to me. Who did you buy from? I live in Downers Grove, just west of Chicago.

indianrider · August 2005

Right Next to you. Honda of lisle. I like the people down there. Nice service

nash123 · August 2005

You might want to check my previous posts. I bought my Accord LX MT from Honda of lisle and I was not happy with my experience. Message 8934

steve_rbts · August 2005

In your dealer wholesale cost, what are the -617.25 and -750.00 for?
I'm looking at a 2005 Accord LX with AT/cloth seats and and invoice
of 20,000. What would be a reasonble offer considering it's clearance
for the 2005 models?

Thanks
Steve

indianrider · August 2005

Reasonable price is 17800-18000 (dest fee included) + Tax + Doc fee etc

raaga · August 2005

Hi rheo,
If you are looking for Automatic Transmission i purchased one last week for $18,250 including destination, taxes, title etc.

Thanks
-Raaga

guitar · August 2005

Do u mean $18,250 OTD for an Accord LX Auto? That's a real good deal. Whereabouts are you? What is the tax rate in your area? I'm looking to get the car in Los Angeles.

raaga · August 2005

Hi,
Yes, $18,250 OTD. This is one in NJ. Tax rate here is 6%.

Thanks
-Raaga

dtw61 · August 2005

I am in Summit County so the tax rate is lower (6.25%) - OTD price is 19416.

capt41470 · August 2005

There are going to be discounts on 06 accords? How do you know this? One dealer told me that I would be paying sticker if I wanted an 06 (i'm sure he wasd trying to get me to buy an 05, So i didn't fall for it)

indianrider · August 2005

Picked up mine today for 17,800 (dest fee included)

17,800
55.39
6.75 % tax
80$ transfer

Total - 19140.63

Honda of Lisle, Chicagoland. Awesome service. Very very happy. The price was internet negotiated and there were no catches. Paid by check and drove out with a new car within 1 1/2 hours.

Had very very very very bad experience with both Grand Honda and Schaumburg Honda. Bunch of cheats. I don't know why they even try to cheat internet savvy customers. Hopeless thing to do.

lojeff · August 2005

$18260 OTD in NJ with NJ tax and DMV? That sounds like an impossible deal. What are you leaving out? Are we talking demo? Was there a trade in that they were playing games with? Did you finance at 10%???

richards38 · August 2005

I know there will be discounts because I bought my '04 Accord EX-L in August of '03 when the new, '04 model first appeared. I paid about $250 over invoice which was a good deal at the time--most other posters on this site paid about the same, give or take $100. I paid about 91% of the MSRP before tax, license, and $50 in fees added.

When I bought my car, the current Accord model had been available for just one year and had a full 4 years left in its cycle. Even though there will be greater visible change in the '06 Accord, the car is now 60% into its model life span. The '06 Accord now faces formidable competition from Hyundai as well as the Nissan Altima which upgraded its previously ratty interior, the Mazda 6, and the upcoming '07 Camry will be an all-new car early in 2006.

While I have no proof that the '06 Accord will be discounted, it's hard to believe that discounts won't be BETTER than they were when I bought my car almost 2 years ago. The dealer who said you'd have to pay sticker price for the '06 Accord is a phony-baloney, and I don't think you should believe a word of it.

Do your homework on this site, see what others are paying for their new '06s, and negotiate from an educated position. You'll get your new, '06 Accord and you'll buy it at a discount...............Richard

camusa · August 2005

Hi there,

Just a question for all of you knowledgeable Accord owners out there as I have never purchased a Honda before:
I have researched on Edmunds and elsewhere.
I pit dealer against dealer.
On a new, 2005 LX sedan (4 cylinder) I am getting a price of $18,300.
With taxes and all applicable fees this will come to $19,661 out the door.
Is this a good price?
I look forward to your input.

steve_rbts · August 2005

The Honda Accord LX I'm considering has the standard options
with cloth interior and automatic transmission/ 4 cyl. The MSRP is listed
as 20,100. They added mud flaps and marked it up to 20,250 MSRP.
They are asking 19,000 for it. Auto tax here is $300. I think that 19,000
is too high. I am thinking about 18,000.

camusa · August 2005

Our MSRP was 21,240. In CT we have to go with the PSEV models.
Does that make a difference in the price?

indianrider · August 2005

Where are you located? 17,700 - 18,000 is a good price for a branch new LX AT. I got mine in chicagoland for 17,800. Don't even think about paying 19,000 because in a month the new 2006 will cost around that much. 18,000 I would consider paying the max otherwise it is better to wait for the new ones. In chicagoland, all internet quotes were between 17,750 and 17,985. one of the quotes was for 17,500 but I did not get the right color and the dealer was a cheat.

rbevz67 · August 2005

What is the best price anyone has seen thus far? Which dealer? 22,004 is the best deal I've seen out of OpenRoad in NJ.

steve_rbts · August 2005

I'm in South Carolina. Exactly what I was thinking. $19,000 is
pretty close to what a 2006 LX might cost. I would expect a larger
discount than that. I may wait on the 2006.

raaga · August 2005

Hi lojeff,
Yes.... It is 18257.70 OTD in NJ with NJ tax and DMV etc... This is the deal i got..it's true. It is Automatic Transimission, LX 4DR cloth interior..Got spalsh guards, Wheel locks and trunk tray toooo... I am not sure wheather these three accessories are offered by other deals or not. The car is brand new and has 7 miles on it. No trade.... I got my own finance through the credit union for 4.2%

Thanks
-Raaga

temj12 · August 2005

MT=Manual Transmission

im_blue · August 2005

Recently, two of my friends each bought a 2005 Honda Accord LX PZEV AT in the SF Bay Area. One of them got it for $17350 at the end of July, and he got online quotes of around $17700. The other friend paid $17600 at the beginning of August. These prices are before tax, title, and license fees. Both dealership experiences were very professional and smooth (Fremont and Palo Alto).

camusa · August 2005

I am in Connecticut.
I am confused by what you are saying though.
Clicking on the various options to get the TMV price on Edmunds it shows that people in my area are paying $19,028 before taxes.
I have a price of $18,300 before taxes. With taxes at 6%, registration fee and one or two more little smacks in the face it comes to approximately $19,661 out the door.
So if I am getting a base price before taxes of $18,300 it seems reasonable if everyone else in my area is paying 700+ bucks more than that.
Am I totally off on this and about to get ripped off?

camusa · August 2005

So this is about 700 dollars less than what I am paying.
Hmmm....

camusa · August 2005

Ok,

So I am paying 500 bucks more than you are at this point.
I don't know if I can haggle this guy down any more than I have.

raaga · August 2005

Hi,
Where in CT u are located... I paid $16,863.84 base price incl destination before taxes and final price is $18,257.70 incl TTL . Seems it is around $1400 difference between the price i paid and you are going to pay. If central jersey is near by...why don't you drive and save those....

Thanks
-Raaga

camusa · August 2005

WOW...that hurts (me anyway).
Fairfield county...unfortunately (given that it is one of the most expensive places to live in the USA).
Your price seems to be too good to be true given the research I have done.
I honestly thought I was getting a very good price.
On edmunds it shows that what I am purchasing goes for 19,028 in my area.
I figured 18,300 was a steal!

kyfdx · August 2005

$18,300 is a decent price.. You can't pick the absolute lowest price you see on this board, and expect to get that...

If you could, then it wouldn't be the lowest price!!

camusa · August 2005

Thank you for the sanity.
I appreciate the dose of reality.
You are absolutely correct and I will stop obsessing.
Everyone I ask out here has told me that $18,300 is a great price and the other dealer I was working with could not beat it so...(actually the three other dealers could not beat it).
Thanks again.

tbird1 · August 2005

I just paid 18,350 + tax, tag and title in Central Fl. for the same vehicle. I negtiated with multiple dealers for several days and this is the best I good do. I'm satisfied it's a pretty good deal and I love the car. BTW I was also considering an 05 camry LE with side air bags. They are hard to find (with side air bags) and couldn't get within 800$ of the deal I got for the accord. Good Luck.

camusa · August 2005

You too have helped put my mind at ease.
Thanks to all of you for your thoughtful and kind input and responses.

indianrider · August 2005

Did you shop everywhere - all the dealers in about 30-40 mile radius. I sent an email to every dealer in the chicagoland area. And I got most of them in the 17900 area. That is how I shortlisted. For the ones from whom I got 17,900 quote, I sent another email saying few other people are giving me quotes for 17,500$. That ruled out some other people and others replied back with the best quotes. That is how I shortlisted and got the cheapest price. I did get 1 reply for 17,500 but did not have the color that I wanted in base LX AT model, plus for the color silver that I wanted, they were tacking on splash guards and door edge trims for 17,800 total price. This I didn't like. So, I went to a honest dealer who did not tack anything extra for the same price - 17,800. Even though I did not get the xtras, this dealer was closest to my home and they had great customer service and good discounts on repair & service.

You should try to get quotes from all dealers. Take the best quote and haggle with all other dealers and negotiate. If the best you did is 18,300 in your area, then that is the best price. It all depends on your haggling experience and also depends on how far the dealer can go.

Good luck.

indianrider · August 2005

I agree. It is impossible to get the price that Raaga did. That is an amazing price. Really wondering if there were any catches at all but doesn't look like it. I would like to see the sales contract.

2013 and earlier-Honda Accord Prices Paid and Buying Experience

Comments

Helpful Tools

Most popular vehicles