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This is my first message here, and I would like to first thank everyone for the great info. Based on all the info I collected, I decided to purchase CR-V. I would like to purchase one soon, but I wonder when should be a good time to do because I can wait for the better price/model.
If you can help me a little, it would be great. Thanks. BTW, I am in Missouri.
............. 1. Is it typical to have rebate/Honda promotions during the summer? If yes, how much was it last year? Anyone knows?
............. 2. When would I begin to see a 2005 model? I read several possible upgrades for the CR-V. I guess it is reasonable to expect $1000-2000 price increase for the new model. Am I roughly right?
New ones start showing up in late October, usually.
There haven't been any significant incentives on CRVs in the past, even late in the model year, except maybe low APRs.
I think the '04 is only about $350 more than the '02 was.
regards,
kyfdx
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Edmunds Moderator
Now why doesn't this surprise me?
Hi derkommisar, from someone on the St. Louis metro east side. :-)
Gee, it wasn't the one over here on this side, was it?
I have to bite my tongue until it bleeds sometimes.
Steve, Host
tidester, host
I'm seeking an automatic, silver, 2004 Honda CR-
V, AWD EX. I have been corresponding with a
number of dealers in the DFW area and submitting
my all inclusive, "out the door" number [which
includes TT&L, Destination and two trunk options
- canopy and netting] of $20,800.
Saturday May 8th is when I will buy a vehicle
and will drive all over the Metroplex to get
the deal I want. The question I have, however,
is whether my OTD number of $20,800 is too
high, low or about right? What should it be
for the DFW market?
Finally any recommendations as to dealers and/or
salesmen who I should gravitate to and those
which I should avoid.?
Many thanks,
Parkesy
The name of the dealership will be fine but not the name of a salesperson per the introduction at the top of this page.
Good luck!
tidester, host
Good luck to you, but I think you will be disappointed.
regards,
kyfdx
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So how can they sell for so little? Volume. I expected to hear that. But he also said they don't have demos and that saves them lots of money. So I assume the sales staff is getting stiffed with low wages. Nope. And the guy said everyone is happy there most of the time because there is no haggling which adds stress to everyone's lives on both sides. I ask him why more dealerships don't use their approach. He said "They don't have to. People are willing to pay thousands more than they have to."
The new CRV is great. The only thing that sucked was paying Chicago tax of 8.7% over Boston's 5%. I still came out ahead, though, and Chicago gets another $900 to finish the big Millennium Park (you should see it when its done!.
Oh, no, I wasn't suggesting that you or anyone is being dishonest! All I am saying is that others who are NOT posting might be reluctant to do so if they haven't gotten really great deals. I'm interested in hearing from them too in order to get a more accurate picture of the kinds deals ALL people are getting!
tidester, host
Shopped it around a bit and found a dealer to give me $20,000 for it but then charged MSRP for the CRV. Net cost to me was $690 + TTL. If I use the $18,500 number for my trade in (which also corresponds to kbb and Edmunds TMV), I got the V for $19,190 which is about $35 over invoice.
BTW, mileage thus far is awesome (and part of the reason I traded in for the Honda): 25.4 mpg (overall) after about 1050 miles.
LOL...I like that!
It is a good idea to wait until later in the month if there are no takers at this pt.
Two reasons: The uninformed probably aren't on Edmunds, or haven't been on for long... And also, after reading post after post of below invoice to $500 over invoice deals, they aren't going to post that they paid MSRP.
Also, I immediately disregard any post where a trade is involved. It doesn't mean they didn't get a great deal, but too many variables are involved to put a solid number on it.
regards,
kyfdx
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As it turns out, even though I thought I had done all my homework, I still could have done better. I posted about my "deal" back in early April but I'll put it up again.
I paid $22,000 for a silver EX with door edge guards, mud guards, roof rack, wheel locks and fog lights. That was at Jim Coleman Honda in Clarksville, Maryland. I thought I was getting a real good deal until I started reading about taking away dealer holdback and offering a starting point from there.
While it seems I could have gotten a better deal then I did, I'm still happy with my purchase and it was haggle free and I really like the dealership. I also like their service department (had to take it in for the fog light install).
You could have, I suppose tried to buy it for less and had your offer refused.
There is only a 1700.00 spread between invoice and MSRP in the first place. Forget holdback since it isn't profit.
Let's just say I read about several kinds of deals here...
1. The usual "good" deal.
2. The deals that are possible but leave me wondering why in the world a dealer would cheap sell a hot seller for that price.
3. The "deals" I know didn't happen as posted.
On the "impossible" deals, something has to be amiss. Perhaps a trade was underallowed on, maybe an outrageous "doc" fees, I don't know.
I see people coming to these "What did you pay" forums and thinking they overpaid when they actually got a great deal. French is a good example of that.
We all need to filter what we read on the internet.
Like Isell says, the spread on the CRVs is not nearly as large as the Accord. $22K with the foglights and other "garbage" is a very good deal. In my area, $1K off MSRP is about all of it on a CRV.
I take everything with a grain of salt, but below invoice deals seem much more possible on Accords, where they have 150 of them on the lot, than on CRVs, where most dealers are lucky to have ten.
If it makes you feel better, I paid $21,740 for my '02 about two years ago.. and the MSRP was $22,740. No dealer accessories or added fees either.. At that time, I felt like I "stole" it. As most deals were at MSRP or a few hundred under.
I think you got a very good deal.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Determined that today was the day I walked away
with my CRV, I checked the inventories of
several of the dealers in DFW and headed out
this morning. By 1:00pm, I had myself a new
car and a very happy spouse.
I bought a CR-V EX AWD, metallic silver in
color. The invoice on this car is $21,320
and my "out the door" price [exclusive of an
an alarm, trunk netting and trunk canopy -
total about $600] was $22,650.
Could I have done better? Your thoughts? Me?
I'm reasonably happy but if I dropped the ball
anywhere, I'd like to know rather than lie
awake at right wondering about what I should
have done.
Cheers,
Parkesy
Sales tax and license fees can vary greatly between states and counties. Also, doc fees.
Then if I didn't get the check in ~10 days or so, I'd write them again, and cc my state's attorney general's office or consumer protection agency.
There's a bunch of freight audit companies out there making sure that companies aren't overcharged for shipping. They earn good money keeping a percentage of what they recover for the client. This could be a good idea for someone to audit companies selling big ticket items like cars, since consumers don't trade cars very often and it seems rather easy to bury dubious charges in invoices.
Don't steal my idea until I pitch it to Edmunds :-)
Steve, Host
Dumb mistakes like this make us look dishonest.
Just my opinion of course :-)
Steve, Host
Perhaps it was an honest mistake (the $500 deposit being left off) but I doubt it. I also have to wonder why you would sign a deal that didn't reflect the numbers you had agreed to verbally and included that big of a deposit. If it were my 500 bucks you can bet I would have realized the mistake. There has to be some responsibility on the part of the buyer to only sign what they have agreed to, after actually reading the documents.
Another reason to take your time in the deal and not get too worked up over the joy of a new car.
Luckily you re-grouped and reviewed the paperwork after the fact and discovered the error. Thank goodness, but you are partially to blame for not catching it sooner.
None of this, however, is an excuse for any of the tactics employed by the salesperson. You can't blame the victim- I mean, does he deserve that deposit because I missed it? No. Does he deserve the money for the extra equipment? Well, I agreed to it, so yes, but that does not make it any less sneaky and underhanded. I really don't care about looking a bit silly, because I expect this kind of thing happens a lot. I would rather share my story as someone who thougt they were good at this kind of thing in order to help others realize that they've got to keep their guard up the whole time.
www.mydealerreport.com
The Landmark Honda guys were adding up dealer prep and some other stuff when I went there for a test drive a week ago. Interested to hear about your experience.
Went to LandMark Honda in Alexandria, Va on Sunday. The silver satin one had a dealer mark up of $1995 for adjusted market value, 490 for pin striping and appearance package (front mud guards) which had not been installed yet. Told them about College Park Honda and they said they would match or beat College Park HOnda if I bought then and there, since it was a Sunday and no cars were sold yet.
I said no, but they kept on pushing. I guess I can only recommend you don't fall for the appearance and the market adjustment crap that's on the window.
Steve, Host
There is definitely something to be said about getting multiple offers to get the best price. I will say it amazes me to this day that some dealerships don't really follow up when they receive emails requesting a quote - and those were submitted directly through the Honda web site.
I must admit i do feel a little bad that I didn't get it from one dealer as I work on their web site for them. The promised to take good care of me, and then offered me the FULL price with their dealer options on an automatic when I wanted a manual... refused to negotiate.. so I walked and then after almost three days (and the last day of the month) suddenly they could talk better numbers... by that time I was on the way to the dealership where I ended up buying... told them what the other dealership was pulling, told them what I was willing to pay... and now I have monthly car payments Woo Hoo..
now, i have to call my client again... that will be awkward
you can't compare a Ford escape to a Crv. Ford has pathetic reliability and engineering compared to the Honda. It's like saying you're going on a vacation trip to Iraq vs. Spain. Sure u get more for your money and the 4 star hotel is much cheaper but in the end u'll likely pay more dearly.
my .03 cents
i'm a prince too, do i get a desi dinner?
Check my previous posts for how I got the price of 20,100 for a CRV EX that price includes freight. Your email is private so youll have to have the disscussion here. Good Luck
Prince
You must be a heck of a negotiator to buy for $20,100.
Unless they just sold a deal above list, before you walked in...I don't get it. Am I missing something here?
***Continuing to bite on my tongue***