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I'm getting a $31,490 priece for a EX-L RES with an OC dealer. Can you share your dealer info? $30,500 for a RES is the best deal I've seen so far.
Thanks!
ronniealan@yahoo.com
MSRP: 36055
Purchase Price: 29329 + Tax + Title + Registration + Documentation Fees
There was no trade in involved
I think I did okay in locking down the car prices.
For some reason I ended up buying GAP Insurance bundled with Simoniz protection for $1595 extra
I wanted to get GAP coverage hence agreed to it. On second thoughts, I should have declined and got the GAP through elsewhere.
I live in MA..just south of Boston
$36,055 Market Value
$28934 Adjusted Sale Price
+ "Dealer fees" = $29632 (our "OTD" price)
+ tax (assuming no trade) of $1736.04
+ Titling/Reg up to $250
= $31618.04 Total Amount Financed (hopefully with a small refund after titling/reg is complete)
Is $33,368.31 a good out the door price for a 2013 Honda Odyssey EX-L.
I was given a quote of 29,703 from Ken Dixon Honda in Waldorf as a base price. Tag, tax, destination and other fees made the total $33,368.31.
Buy Happy Price: $29,703
$36,055 (MSRP - Retail)
$29,703 (Buy Happy Price, Purchase on/before Sunday 06/23/2013)
+$830 (Destination)
+$195 (Wheel Locks)
+$398 (Processing Fee)
+$281.50 (Tags in Maryland)
+$1,960.81 (Sales Tax in Maryland)
=$33,368.31 (Total including Sales Tax and Tags in Maryland) NO Additional Fees, such as Appearance Package, PDI, Dealer Prep etc., contact dealer for details*
I called up the finance manager and am going to take the GAP insurance out. He insisted keeping it saying that I cannot switch insurance companies etc...Fortunately for me I have not taken the delivery or registered the car yet so they agreed. All I have to do is sign the contract again...No big deal as I get a chance to correct my mistake
Grand total: $25,350.00
I'd like to get it lower, that price is about $500 over invoice.
OTD Price ($35100) Not including TTL.
Do you think that was a good deal?
That's a good deal, I'm getting quotes from the lower $35,000 down here in Florida, without TTL as well. :shades:
By the end I was just negotiating on out the door price, but I backed out the numbers based on their earlier offers to come up with the following (the $1500 dealer rebate and $750 down payment assistance were both applied to get to the base price) :
Base Price: $26,336
Tow Package: $1,220
Dealer fee, tag, title: $213
Taxes (6%): $1580
Total: $29,349
We financed at 0.9%. I decided I had hit the lowest price when some dealerships would only match, not beat the price. I did all of the negotiating by email after contacting about 15 dealerships in a 100 mile radius. In addition to Faulkner, Apple Honda (York), MainLine Honda (Ardmore), and Bobby Rahal Honda (Harrisburg) were within $400 of the best price and were all great to deal with as I was gathering pricing info - answered my questions, provided all the detailed information I wanted, and didn't try to switch it to a phone or in person negotiation.
My local dealership (where we bought a car previously) was very frustrating - in writing and in person they told me they would beat by $100 any offer I got in writing, but when I presented them with the offer they told me that something was "wrong" and the dealer would pull a bait and switch on me, and they couldn't match the price. They then gave me an offer that was "an awesome deal" that was $2000 higher than what we paid, and one of the highest offers I was given. Ugh.
It is not uncommon for F&I people to earn $2,000 or more on the back end of some car deals. In fact when F&I people get together they often brag about how much they earn on the back end. GAP is one of the most lucrative products they hawk to earn those huge profits.
Having a vehicle totalled during the first couple of years, when GAP coverage is somewhat useful, is a relatively rare occassion. As long as a buyer negotiates a healthy discount off of MSRP there is rarely a huge difference between the amount owed on a car loan and the amount the insurance company would pay if the vehicle was totalled. If a down payment or trade is made that difference is even less as is the value of a GAP product.
The real risk associated with instances where the amount owed and the amount the insurance company would pay is best shown in the prices at which those insurance companies sell GAP products to their customers. And really, who knows more about risk, the F&I guy or the insurance company?
GAP is just oneexample of why the only word anyone should ever say to an F&I person is NO! No matter how friendly or persuasive that F&I person acts he or she is not your friend and that person has only one goal which is to get as much of your money as possible.
$36,055 (MSRP including destination)
$28,831 (Price of the car, including $830 destination)
Truecar gave me a price of $29981 (including destination). When talking to the dealer they said they could take off an additional 5$00 from the truecar quote which brought it down to $29481 and that quote was emailed to me as their E-price. Since the dealer was an hour from my house I decided to go to my local dealer. I took the quote over there and told them to beat the price by $500 and I would buy the car right now. They accepted it, I then got an additional $150 in savings because I the dealer was part of the AAA network.
My prices are around 31k before ttl. I am also involving a trade so that does get a little tricky.
Planning on buying next weekend. Let me know if you find a better deal out there.
I went to the dealership on Saturday night and the person with whom I had worked the terms via email had left. I had a feeling that I should come back the next day, but thought I could just forward the email I had from him and get it done. Unfortunately the person who was helping me came back with some changed terms and I told him I was going to the neighboring dealership where I had the same deal negotiated. I went there and "they just sold the car with the color we wanted". They said they could trade for it and could get it from the dealer where I had just test drove and left. I said fine, but got the feeling something was wrong when the car was not back in 30 minutes as the dealership is 10 minutes away. After pressing them, they indicated they were trading with a dealer in Oxnard (an hour away). I had it at this point and told them I was calling it a night.
Fortunately the original individual at dealership #1 found out about the fiasco and emailed me to see what we could do. I scheduled a time to go in the next day and returned to complete the deal in less than 45 minutes at the terms outlined above.
On a related note, I agree that any deals with a trade-in cannot be used to compare pricing. Any trade in had the potential to skew the sale price of the new car to the point that it may not be meaningful.
All inclusive in palmbay fl
$34,400 (base price including destination)
+ $599.75 (dealer fee)
+ $2,578.88 (taxes)
+ $70 (title fee)
-------------
$37,648.63
Financing through American Honda is available to get the price lower (-$750):
$36,898.
Joel was great to deal with and it was worth the drive down. The whole process was surprisingly quite pleasant. I ended up going with Smokey Topaz.
I considered for a minute upgrading to the Touring Elite since he was asking: $36,995 (base) and the taxes would be the same as the Touring (here in Georgia).
Thanks to those locals who posted their deals -- feel free to mention mine to Joel and save yourself some hassle buying an Odyssey.
I just wanted to thank everyone for the invaluable information that is posted on this forum. I just completed my deal for the 2013 EX-L with RES. My OTD price was $32,000 (this includes TTL-6%MD tax). I purchased from Jim Coleman Honda in Clarksville, MD. Thanks to everyone for your help in making this deal come through.
I ended up with a Smoky Topaz Touring Elite for $37999 before TTT. There were not many TEs left on dealer lots in my area so after a few weeks of back and fourth with several dealers this was the best deal I could get. I did get one other offer for slightly less but I didn't want the Red Cherry Color.
Really wanted the Alabaster Silver Color but the 2 dealers who had it would not budge any further unless I came into the dealership but their pricing was not inline and they claimed to be out of Flex Cash so I didn't bother.
Greater than 15% off MSRP to me is a great deal and pretty much sets us up well to Get into a 2015 Late Next Year/Early 2015, which is our plan. With 1.9% Financing and good pricing we saw no need to put any money down with 90%+ of our payment going straight to the principal. Now if we could only get a 1.9% Fixed Rate on our Mortgage we would be in business!
Base Price: $26,336
Tow Package: $1,220
Dealer fee, tag, title: $213
Taxes (6%): $1580
Total: $29,349
I did all my negotiations by email. Dealers would call and ask me to come in to do the test drive and "talk." but I responded (by email) that email was the only way I would negotiate. I told them that I wanted to have everything finalized by email before I completed the sale, so that I knew exactly what I was paying and what that included. Some dealerships were great to work with and gave me all the information I asked for, and other dealerships just kept calling and wouldn't get the message.
Also, consider looking at wider markets - three of my local dealers told me that the price we were offered (from a dealership 80 miles away) wasn't possible. However, in addition to the dealership that offered the deal, another dealership matched it and two others were close (within $400) - and all of those dealerships were out of our local area (about 60-80 miles away). It also turned out that the dealership with the best price was willing to deliver the vehicle to us, and we signed the paperwork at our kitchen table. Good luck!
2013 Ody EX-L without RES/NAV in South Carolina
Sticker price is about 35,500 and with added dealer options it comes to about $37,800. They want to give me $30,000 for my trade (12' highlander limited - owe $30500 est) and knock off $4379 to get me at a OTD price of $34,800 with ttl...
$37800 sticker - $4379 dealer coming off = $33421 - $30000 trade = $3421 sub total + ttl = $4300 (est) + $30,500 trade pay-off = $34,800 OTD
Obviously this is terrible from what is getting posted here unless the trade changes everything and it isn't that bad.. What should I realistically be looking for do you all think? $30 - $32 range?? or 33-34 with the trade?
Any input is greatly appreciated.
Can you provide the sales person you have dealt with and your name for reference?
Thanks.
Honda Odyssey EX
Base Price: $26,336
Tow Package: $1,220
Dealer fee, tag, title: $213
Taxes (6%): $1580
Total: $29,349
We financed at 0.9%. I decided I had hit the lowest price when some dealerships would only match, not beat the price. I did all of the negotiating by email after contacting about 15 dealerships in a 100 mile radius. In addition to Faulkner, Apple Honda (York), MainLine Honda (Ardmore), and Bobby Rahal Honda (Harrisburg) were within $400 of the best price and were all great to deal with as I was gathering pricing info - answered my questions, provided all the detailed information I wanted, and didn't try to switch it to a phone or in person negotiation. Good luck!
My friend called Faulkner Honda in Harrisburg, PA but they would not honor this price based on this discussion. They asked for your name to verify the sale. It is also 80 miles for us from Nottingham, MD. College Park Honda which is 50 miles away wanted us to come to their store.
Do you mind send your name to senmmail at rediffmail dot com?
Thanks!
Vehicle price: 28516
NC tax (3%): 856
Admin Fee: 699
State license: 179
Total drive off: 30250
It appears the inventory could be drying up a bit. No other dealer in the area countered at less than $31100 drive off this weekend in the Charlotte area. Also received the 0.9% financing for 60 months. Feeling this was a pretty good deal with the 2014's hitting the lots in mid-July.
Thanks to the helpful advice provided on this forum, preliminary research through Edmunds and TrueCar, and a dealer I didn't initially remember existed in Southern Central Georgia I walked away with the following deal after only 3 days of negotiating. Considering the lowest prices I've seen on this site for Touring Elites I'm fairly satisfied I had reached a point of diminishing returns. Maybe there are a few dollars on the table but, the color combination I wanted, an easy 90 mile one-way driving distance, and the service of my winning dealer were worth leaving the dollars on the table. My closest local dealers wouldn't even attempt to touch the price.
Base price................. $36,813
Accessories................$259 (cargo mat, factory painted door edge guards installed, wheel locks)
Dealer fee..................$399
Title and GWRA..........$21
Georgia TAVT Tax.......$2578
On the road for..........$40,070
MSRP (44,855) - Base price (36,813) = 8042 total discount
17.9% savings from MSRP
***My dealer did award me a 750.00 Flex Cash bonus (factored into base price above) so some dealers still have it to award. An earlier post mentioned a TE advertised in Atlanta for $36,995. Most certainly this price too hinges on an award of Flex Cash.****
To get to the $36,813 price it took the $2500 Honda incentives, $750 Honda Flex Cash, and a significant portion of the dealer's holdback.
Initially 9 dealers within 150 miles of Savannah, Georgia were emailed through the Honda website. All replied. Some replied with phone calls first and others with emails asking me to come for a showroom visit. Those who called were told I wanted to work over email and that firm "on the road" prices fully itemized were required. I also specified that I wanted a vehicle with no "dealer add-on's and minimal accessories" since I knew they were out there. Some of my emailed quotes touted the amazing amount of add-ons that had been reduced to zero cost just for me. Zero cost and an out the door price at least 1k higher, yeah, that math works!
Three dealers quickly rose to the top as they were approaching the number I had in my mind based on the lowest prices I had seen in this forum and a further reduction I hoped for.
40k and 37.5k were my on the road prices for Touring Elite and Touring respectively. I'm sure there are many who paid less, but, considering the value of my time these numbers were where I wanted to be.
I actually considered purchasing from Anderson Honda in Maryland who has been mentioned earlier in this forum. Internet manager Greg was easy to deal with. His quotes were the fastest responses I received and were very straightforward with no hidden fees. Even knowing I was in Georgia he took great care in responding quickly every time I asked a question. His pricing was so good that I was in the discussion phase of shipping costs with him and seriously considering having him ship me a brand new van. Even with a very competitive shipping cost his total price was one of my most competitive. I would highly recommend him to anyone shopping the Virginia, Maryland, DC group of states.
I began to work other dealers off of his on the road price to me before shipping. Some quickly bailed and a few more responded with versions of "that's a great price", "the only way to get there is to give you all of the holdback", or "If I were you I would buy that." These responses told me I was getting close.
Not relishing the idea of dealing with a 40k sight unseen item I pushed the dealer I ultimately purchased from for better pricing. I shared my lowest quote to that point and put out the number I wanted them to hit to "give me no choice but to purchase from them."
Within 2 hours I received a phone call from my winning dealer. Not only did they beat the lowest quote I had (already a very good one) by a small yet meaningful margin, they hit the number I had mentally committed to as the point at which I would stop negotiating.
A full buyers order with firm itemized pricing was in my inbox within the hour. Two days later I drove the 110 miles, picked up my van, executed the price of $40,070 (I added some factory accessories on Thursday) and headed home.
The service I received from this dealer was second to none. I do contribute part of my deal to luck as I purchased from a small dealer with small overhead. This Honda dealership actually shares a building with a Chevy-Buick franchise. I've never seen a Honda dealership sharing space.
During my discussion with my saleswoman (4 consecutive salesperson of the year awards) she shared that the owner of the dealership (who also owns Toyota, Scion, Chrysler, Dodge, and Jeep) in the town does not floorplan his vehicles. Everything on all of their lots is owned. There is no floorplan interest to cover in the expenses for the dealership. The owner only has to worry about the opportunity cost of his money tied up in cars.
Certainly not floorplanning does not make for a difference of thousands, but, it could be meaningful enough that dealers who don't need to answer to bank interest rates for floorplanning are able to go just a little bit lower than those who do have floorplan cost to worry about.
Those of you who want to exploit every angle of the dealer's bargaining power just might want to ask how the dealership floorplans.
Thank you to all who have posted here and shared your information. I could not have landed the Odyssey my wife and I wanted for a lower price than I imagined possible without your open and frank discussions.
Although I purchased in Georgia the time and gas from my home to Atlanta would have erased most of any savings I could have achieved.
An earlier post in this forum lists Willett as advertising a Touring Elite base price (not OTD) of 36,995. Compared to what is posted throughout this forum the advertised price of 36,995 is very good assuming all you have to pay additional is TTL and the annoying dealer fee.
Only one dealership from Beaufort, SC through Savannah, GA and down to Jacksonville, Fl went lower than $36,995 and I purchased from them.
I negotiated between 2 dealers (after emailing quite a bit) for a bottom price on an EX-L - I got their numbers, then told them I wanted to include a trade...the dealers didn't like that I was going from place to place (and the fact that I didn't talk trade until I had other bottom numbers), but I ended up saving money and that was important...but I don't think that they will be sending me a Christmas card anytime soon. We did finance through Honda.
EX-L final price $26,484 (it was a demo with 4k on it); plus they gave me $2,700 for my trade - totaling $29,184....no other fees except a $17 title fee...I told them that they needed to waive the admin fee of $199 and give me 2 free oil changes....My TTL will be paid separately so the prices above do not include NE's 7% tax rate.
When I sent my husband in yesterday (to play dumb) the cost for the EXACT minivan with trade/etc was $3,200 more than we paid today. Granted, my husband didn't put the squeeze on them like I did, but that seems like a chunk of change. Perhaps being 8 months pregnant made them feel sorry for me? Do you think I did o.k.?
Personally - I think that the trade adds a whole new web of number maneuvering on the dealer's part which is why I didn't even speak about a trade until they thought that they had a deal with me and then I sprung the trade on them...and pitted 2 dealerships against each other on what the trade was worth. Might be worth checking with a new dealer to start a clean slate?
28740 base price (after $750 bonus from doing the 0.9% financing)
80 doc fee
2365 tax
298 TTL
Total OTD - 31500
Bought at Pacific Honda - it took walking out the door to get them to deal. Guess dealer not as aggressive in pricing as other dealers in the area. We went there because it was close and the salesman was nice when we test drove the van a couple months ago.
EX Silver with Wheel locks & Splash Guards for $28500
Base price = $26392
Processing = $199
Tags & Title = $325
Tax = 1583 (6%)
Sticker price = $36,055
Clearance price = $29,984
Honda down payment = $750
Total Price = $29,234
Requires using Honda financing (0.9% for 60 months, 1.9% for 60-72 months) to get the "Honda down payment" of $750
I actually copied and pasted these numbers from a slickdeals thread and sent them to the dealer closest to my house (only 2 miles away) on Sunday morning (no previous contact or negotiating with any dealers), and received an e-mail at lunchtime today (Monday) accepting the price - no haggling, no negotiating. I also contacted the second closest dealer (~50 minutes away), mainly to see if I could go any lower than that, but that dealer wouldn't budge from $29,500 total price (even knowing I had a lower quote from another dealer).
The dealer I purchased from was Independence Honda in Bloomsburg, PA.
The second dealer was Fairfield Honda near Muncy, PA.
Thanks to all for posting your prices here so I knew what to look for. Having the price settled ahead of time made for a very pleasant and cordial experience at the dealership.
2013 Touring Elite:
Base price................. $36,823
Accessories................$0 (dealer just throw in cargo mat, wheel locks)
Doc fee.......................$80 (standard in CA)
Electronic Vehicle Registration or Transfer Charge (MVSC) $29 (may be standard in CA)
DMV (license/registration) and CA tire fee..........$347 (Print as estimated)
Sales Tax ..................$2952 (8%)
OTD ..........................$40,231
I made the purchase at spreen honda, only took 1 email plus 1 call to get the price.
it seems that dealer are clearing 2013 odyssey inventory, even honda website switched to 2014 odyssey by default today.
Good luck.
My salesperson was Kathy. Per the rules of the forum I cannot list her last name, but, it starts with "J". I don't believe there are any other Kathy's selling cars there.
When you work with them keep in mind that I purchased an in-stock unit. They are a small dealership. I'm not sure what inventory they have left as of now or what is available for them to bring in. Locating and retrieving vehicles will most certainly add a small amount to the car cost.
Waycross, Georgia is within a short distance of Jacksonville, Florida so there is at least one large metropolitan area and all of its Honda inventory at their disposal if you decide to purchase from them and they don't have exactly what you want.
Have at least 2 and, if possible, three color choices in your mind as inventories are dwindling fast. White Diamond Pearl seems especially hard to find in large numbers and I didn't see many blacks in the inventories of dealers I worked with in the Touring and Touring Elite packages.
Walker-Jones and Kathy were truly excellent and embraced the way I wanted to negotiate and do business.
Their Finance Manager is Jeff. His service was first class as well. Although I wanted to be a cash buyer I couldn't pass on the finance tied incentives and Honda's virtually free money.
Good luck and I certainly hope you choose to do business with Walker-Jones and Kathy. The drive would definitely be worth it.
When I left the dealership on Friday I told the staff I would be posting my experience for all to see. They were more than happy about it and very thankful.