The sales tax for the trade in does vary by state. You can probably find out somewhere I do not think the dealership will lie if you call but why not call several dealerships and see if they all say the same thing? I doubt they will all lie. Here in GA, you only pay the sales tax on the difference, or shall I say that was the offer given to a friend during a trade negotiation...I am not sure if it is state law, just how they did it and so they tried to say that she should not think the trade in was bad since she would save 200.00 in tax....something to factor in I suppose...this is a good question!
hey i think it is nuts that they tax the documentation fees!!! Come on, how do tax that? It is nuts!!
Have fun, be happy and only do business with like minded people. Salespeople are human and they are trying to make a living. They are not all bad, and they do deserve to eat and they also deserve to make lots of money just like the guy selling gold jewelery. However, it is a bit of a game so to play, timing and strategy are important but what really catches them off guard is a happy, stress free, fun loving customer who just wants to learn about the car and drive the car. They like to have fun and there is no harm in having a great day with the sales guys....
But...bringing a trade to a dealerhsip absolutely complicates and delays a deal....it is just torture...too much discussion and the price of the car becomes blurred because of all the gaming involved so please do not trade your car! Somebody will buy your car. I am telling you, Cars.com is the way to go!!
Well I am clueless about gears and since you mentioned it, I did indeed go from 5th to 2nd but I won't make myself look stupid in public. I just thought it was the way to slow the car without breaking but then it revved etc...I am so lost it is not funny (with regard to understanding what others believe to be a simple concept of gear chaning) Anyhow it is nice of you to teach your wife how to drive the stick shift...I admire her for giving it a go! I teach 1st grade, what can I say!?
Even though I just bought the FIT I am eager to get a new car in a few years b/c I just think they will be more intersting to drive with more standard features like navigation (of course we have that here but I mean for it to come in every car) and better fuel economy and better selection of body styles for smaller cars and I don't know what else but I feel that we are on the verge of a trasformative period here for cars.
I might be having some adjustment issues with the FIT....I cannot find the right place on the steering wheel and it just drives so much different than my last car...it just takes some getting used to...the only word i can think of is unrefined, it feels unrefined but I don't really know how to put it into words, but it does look good, I wash it almost every day and it is so shiny in red....
Well I am clueless about gears and since you mentioned it, I did indeed go from 5th to 2nd but I won't make myself look stupid in public. I just thought it was the way to slow the car without breaking but then it revved etc...I am so lost it is not funny (with regard to understanding what others believe to be a simple concept of gear changing) Anyhow it is nice of you to teach your wife how to drive the stick shift...I admire her for giving it a go! I teach 1st grade, what can I say!?
Hi You *can* go from 5th to 2nd depending on the situation. I tried to use too many emoticons in my post and it crashed my system so I have to type the message all over again. The first one was longer. Now I'm typing it in Notepad so I don't lose the entire thing again. My wife actually drives pretty well and has only about 30 hours of driving so far. But with work and all it's not easy. Anyway, A car is like a pair of you favorite jeans and your favorite shirt. You need to put on your car like that. Driving a real manual is like dancing and it's very involving and you have to know what to do so that it becomes automatic. because if you actually have to think during a confusing situation you might have a problem. This is true for all drivers. I've been driving for 31 years now and it's tough for me to teach my wife because she needs to know things that are so automatic for me that I no longer thing about it. So I have to concentrate on what I am actually doing in order to tell her. Don't be afraid to really drive your car and see what it can do. The more you shift the more control you have over the car. See if you can borrow a friends Porsche even a 944 Turbo or a 968 if you don't know anyone with a 911, or a 5 or 6spd BMW with the sport package is good too. This will give you a better understanding of why driving a really nice manual is like heck even a Miata has a great shifter in it and believe it or not the Fit does as well. Then go out and drive a clunker 5spd from Kia or something and you will understand why we like manuals so much in some cars. Check out this Youtube video and you can search for other Youtube driving videos as well.
I also suggest that you take a driving/racing school or at least an SCCA autocross school. You will have a LOT of fun and much of what you learn will transfer over to daily driving. I'm not suggesting you race on the road but the how and why of driving will become clearer. www.scca.org will have info in your area. other racing type schools you'll have to google and yes you can autocross your Fit with no problem. You might wear the tires a bit but you'll have a huge smile on your face they won't be able to chisel off.
Even though I just bought the FIT I am eager to get a new car in a few years b/c I just think they will be more interesting to drive with more standard features like navigation (of course we have that here but I mean for it to come in every car) and better fuel economy and better selection of body styles for smaller cars and I don't know what else but I feel that we are on the verge of a trasformative period here for cars.
Don't worry so much about getting a new car now. Just enjoy what you have. In a few years the diesel cars will really be out and then you will have some great choices about what to buy. The New Accord diesel is rumored to get 50mpg.That's much better than the Fit! So imagine something like a Fit with a diesel engine. Diesels are not like years ago when GM singlehandedly killed the market for them. As far as Nav system goes, why not just buy one? If you buy a Garmin, it's much cheaper and you get free map updates that you can download and it's easily removed from the car and you can even put it in a rental car of if you borrow a friends car. Plus you can test one out at the place you are buying to make certain you like the features and 5 minutes after buying it you can put it in your current Fit and transfer it later to any other car you buy. http://www.garmin.com/garmin/cms/site/us/ontheroad Just a thought anyway.
I might be having some adjustment issues with the FIT....I cannot find the right place on the steering wheel and it just drives so much different than my last car...it just takes some getting used to...the only word i can think of is unrefined, it feels unrefined but I don't really know how to put it into words, but it does look good, I wash it almost every day and it is so shiny in red....
Then go test drive a few other cars and you will appreciate the Fit more. It's a decent car but not a highway cruiser, per se'. I had a Civic before that I was never comfortable in. It was a good car but it just wasn't for me so I bought an Accord. Give the Fit sometime and if you just can't get used to it then there will be other cars later, but wait until a diesel comes out. You will love those believe me. Lots of low end power and incredible fuel economy.
What did you drive for your last car? If it was very big then it will take some adjustment. I've owned and driven so many cars that it has to be very bad for me to not fit into it.
But I really enjoy my Hi-Lux and it's too bad i can't take it back with me to the US.
OK this is bad, I am rambling, SORRY! Great talking with you
Hey forums are about conversing and sharing info and helping other people and I'm happy to do that. Hopefully some of what I've said is helpful to you and maybe some others as well. Good chatting with you as well.
I bought my new basic Fit (manual) about ten days ago in Northern California. I shopped around and went further from home because of poor selection in Sacramento area (my home). I shopped on a Monday after reading an Internet article that said that was the best day. Found the same lunar mist model at two dealers. I had cash. The first dealer let me walk away rather than going a dime under MSRP. The second haggled a bit. Not much, but it's the principle of the thing. I got it for between $100 and $200 below MSRP. I love the car. Thought I was buying basic unexciting transportion but believe I'm going to bond seriously with this car. It has the charm of a puppy.
Thanks confused. I really didn't mean everyone would lie. I actually sold Hondas in the early '90's in the Dallas area, and I never lied. But alas, although I loved the heat of the negotiation, my skin just isn't thick enough for the business, and I burned out after 2 years. But I still love negotiating, and go with and "hold the hands" of folks at church who are scared, as a sort-of ministry. Personally, I would trade-in a lesser-priced car that I wouldn't get that much for anyway--it will usually at least cover taxes and fees, and save the hassle of selling. But as the value of the trades increase, the more you stand to lose by trading, so there comes a point where I will sell it myself. Thanks again.
Oh, I didn't think you thought they were all liars, I just wanted to give you a way of figuring out what was true! As for the hassle of selling, I cannot believe how hassle free selling was! It was kind of shock and too many buyers for the 99 protege and 99 rodeo...it's so amazing how it is just money in your pocket above what thed dealer would give. When I told somone at the dealership I sold the car fast, he joked 'there is an a** for every seat' or something like that...I guess he feels comfortable doing car dealer humor with me usually reserved for the staff only!!
Congratulations on your new Fit! I just got the cargo mat and the cargo cover. They work great though the cover has to be removed when stowing large items so it is a pain since I am moving a lot of stuff right now but it's pretty sharp...well not exactly sharp but it works and it matches the car!
We really still have so many Fits in the Atlanta inventory over here! I don't know what's going on...Maybe the Scion XD is taking business if it is out yet here...hmmmm...
Enjoy your Fit, just bring a dust cloth for the dash...dont know why it get so dusty and bring a damp cloth or lint brush for the seats...you can probably see they are magnets for little particles...I am gonna keep my milano red car really clean so when I sell it in four or five years it will still look new. I have 17 inch black Voss wheels on my FitSport, probably gonna kill my gas mileage which was 355 miles using 9.5 gallons of gas...we'll see!
You have really great responses! I HATE when I lose my message after spending like 40 minutes typing it but thanks for the do-over! I am not sure I have time to do the things you suggest but they sound like fun. Driving other cars, or race cars etc would be sooo great but every minute of my life seems booked up! I hate it!!!!!!!!
As for switching gears, like you say I can do 5 tp 2 depending on the situation but i assure you I did not do it in the right situation!
I drove a 99 Mazda Protege ES and it had a Miate engine and it was a smooth drive. I got rid of it when I lost faith in it but nothing really went wrong...A lot of little things happened...like ten things that were sort of unrelated like tire bubble, flat tire, rear ended, motor breaks in electric windows, passenger miror gets broken in parking lot, high speed detailer goest through under the paint and it has to go get painted but the one thing that really bothered me was the gears stopped switching after 30 rpm (auto) and there was an overdrive error message....the mechanic reset the computer but after that i though the transmission might be on its last legs. I have lost faith in mazda with one nightmare after another posted about the Mazda 3 which was going to be my next car, so i was caught off guard when i found so many really unhappy people... I think my model had a defective selnoid sensor or whatever and i did find a bulletin before i sold it but i did not want to deal with them and fight with them b/c they did want to do a seatbelt modification when it kept popping open even though there was an open recall for that problem at the time b/c they were unable to replicate the problem! It really was just popping off!!!
I will have to be brave and invest in Nav but where do I plant it???? Also there are soo many, which one am I to get? I know the name you mentioned seems to be the most populuar but even then, I think there are various models! I will look at the link you sent! Thanks!
I am gonna get really busy soon, as I have to go back to work, i am a teacher and monday i have to go for county orientation...anyway, keep up your fun and good attitude and thanks for all your info and suggestions!!!
Hey, glad i could help a bit. I know being a teacher isn't easy my wife has several friends who are teachers, it's tough work. But the weekends are yours and you should at least try and get out and learn some driving techniques. Plus in the summer unless you are teaching summer school that's the time to practice where it's safe.
I will have to be brave and invest in Nav but where do I plant it???? Also there are so many, which one am I to get? I know the name you mentioned seems to be the most popular but even then, I think there are various models! I will look at the link you sent! Thanks!
That's why you find out where a Garmin dealer is and you go down and check them out hands on. I don't think Garmin sells direct so you just click on their dealer locator and see if any do what you really want/need them to do. Teachers have to research things all the time so they can pass along info to their students. Well just think how much you will learn when you research this for example. I have found that the more you help others to learn the more you learn yourself.
I am gonna get really busy soon, as I have to go back to work, i am a teacher and monday i have to go for county orientation... anyway, keep up your fun and good attitude and thanks for all your info and suggestions!!!
Thanks, I'm happy to help. Good luck with your county orientation. Lots of people in these forums are very helpful and will be happy to help you out where we can.
Just took delivery of new 2007 Honda Fit Base MT – Vivid Blue Pearl from Honda Dealer in Southern California.
The Fit comes with wheel locks, 4x mudguards, cargo tray, Honda carpet floor mats and some protections (~$390 pro package) and an add-on package ($790? I don’t know what type mark-up but it shown on window sticker and I disagree to pay for this).
With all items above and the Fit: The price that I got is $14,055 (~$100 over dealer invoice + tax and license fees). The OTD price is $15,397.24 (if you want the deal breakout let me know - sorry, I didn't bring my contract with me at work).
I was in the dealer almost 4 hours and beat them to dead :P. Do you think I got a good deal? Thank you to everyone posting help and prices. It’s a fun car to drive.
bobw3 - There was NOT any trade-in, financing, or extended warranty involved in the deal. OTD price same as with cash or finance (7.9% for existing Honda owner - I paid cash but don’t tell them you gonna pay cash)
Itzmekevin - I bought the Fit at Honda cars of Corona; I didn’t go through an internet sale, just walked in and haggling the deal. Here is a brake down price for a new 2007 Honda Fit base MT (prices listed on the window: $14445 MSRP + $395 pro package + $ 799 Dealer markup :surprise: - plz see details on my previous post)
Just got my Fit Sport Automatic in white/beige interior.
Paid $16,000 even with dest and floor mats included. Got $3700 for a trade-in. Tax (8.375% NYC) was $1024 Then $262.50 in title, doc, tire tax (*gag*),etc. OTD = $17286.50
Thoughts? :confuse: It's my first time car buying and I was alone. Is it typical to spend 7 hours at a dealership? :sick:
Thoughts? It's my first time car buying and I was alone. Is it typical to spend 7 hours at a dealership?
Yeah the bad dealerships tend to make you wait and try and wear you down. Me, I walk out after an hour of this BS, too many dealers to buy from. I usually know what I want to pay if they want my money then they will deal. I tell them straight up front do not jerk me around by going back and forth to your manager 20 times because I will leave and not buy from you. Of course they still try it as it's their tactic I walked out of one place and ended up going back when the sales guy ran out and shouted the price to me as i was pulling out of their lot in my car. :mad: They are so stupid and don't listen. I did buy the car but never bought from them again. I told the guy I wasn't fooling i do not have time to waste. I told another dealership the same thing and he said maybe you don't have time to buy a car, so i got up and walked out. I don't think they need to be rude. I walked across the street and made a deal and beeped the horn the next day as I drove past their dealership. I hope they fired the sales guy! Honda salespeople can be very rude at times. If they are I complain to the sales manager if that doesn't work I walk out and buy from another place. hat said Honda has great service. I bought a Honda Jazz in The Philippines and they were really good about the entire process even tho the sales girl was more interested in texting er boyfriend that in my test drive, which was ok by me. I really wrung the car out on a winding mountain. Great fun! I did buy the 1.3L but poor economy was it's mantra and might prevent me from buying another. I think your price is a big high getting $3,700 trade in on a $16K car. But I really can't say. It just seems high. Honda acts like you are buying a Mini Cooper which sells for MSRP flat. it's a mass produced car and is a volume seller but you'd never know it by the way they do not discount.
You're a lot tougher that me! :surprise: Well, the price I got pretty quick - w/in 20 min. of the test drive and appraisal. It was waiting for the people that write the finalized contract and for the car to be cleaned that took FOREVER.
Too bad that my $16k was high. MSRP is $16565 (w/dest. for Spt AT) in the States. How much is it in the Philippines?
Well, lets see...there is about a 500.00 difference between what we pay for Fits and the MSRP. Woopee do!
Since it's no big deal then just give us the discount.
And, Fits are in such short supply, they are normally presold before they ever arrive on our lots.
Yes of course because Honda limits them unlike the Civics and Accords.
Why in the world would a dealer feel the need to discount a product like this?
Because they want to be great to their customers and get them to come back and buy more cars. You guys make more money that you'll ever admit to. Otherwise open your books and let us see all the real figures. But we know THAT will NEVER happen.
Actually, I agree with Steve. The markup on Fit's is already pretty low, plus with the high demand, paying MSRP is a pretty fair price. Of course individual dealers may get some $$ on the trade-in, financing, extended warranties, etc, so they might give money off the price of the Fit if they know they're getting profit elsewhere. And if the customer looks like they might become a long-term buyer, then the dealer may be even nicer. It all depends.
But there's not any evil dealer-conspiracy secrets and their books get audited just like any other business
So, If I ran a business for you, would you like it if I discounted a product that didn't require a discount to sell?
Would YOU discount a car you can't keep in stock?
Not everything has to be discounted in this world to sell well or be a good buy for those who buy it!
And, I get so sick of hearing how Honda limits production! That is just pure BS! They want to produce and sell as many as possible. Why wouldn't they??
" Come back and buy more cars"
Well, maybe but most Price Shoppers are anything but loyal, for them all it is is PRICE!
And, I would like to know where all of this "secret money" is! Must be a dark conspiracy!
You're a lot tougher that me! Well, the price I got pretty quick - w/in 20 min. of the test drive and appraisal. It was waiting for the people that write the finalized contract and for the car to be cleaned that took FOREVER.
I've bought over 40 NEW cars and I always pay cash for them. Dealers hate that but too bad. I'm not there to make the dealer happy I'm there to get a good deal. The dealers usually need a day to prep the car. I usually sign everything and come back the next day with a Bank check to pay for it. Sometimes the dealership will run the paperwork but most often my Insurance company did the legwork at the registry.
Too bad that my $16k was high. MSRP is $16565 (w/dest. for Spt AT) in the States. How much is it in the Philippines?
Well there are differences here of course. First off you pay sticker or you don't buy the car. Also we use peso not dollars so that will depend on the exchange rate. My 2005 Honda Jazz was the 1.3L as the 1.5L hadn't been released at that time in the city I lived in and Manila was just getting them in. So the exchange rate was at that time P56.1 to the dollar! (How I long for those days) We are much lower now about P45.5 right now. Anyway here is the breakdown for you.
2005 Honda Jazz Sport 1.3L manual P610,000 ($10,873.44 USD) Full Coverage Insurance for a year P19,867 ($354.13 USD) (note my insurance was the Max coverage available) 3 Year Registration Fee: P7,500 ($133.68 USD)
Honda Jazz Sport 1.5L CVT was about P725,000 ($12,923.35) Now keep in mind that the dollar was very strong and here the Jazz is a big seller. If you were to compare this to the Current Honda Accord V6 Automatic this will set you back P1,690,000 ($37,142.85 USD) This is at todays exchange rate of P45.5 - $1
I sat in one a few weeks ago and it's hardly worth as much as a BMW But here the Philippines. It's a crazy market. They sell probably as many Honda City's as they do Fits and I bet most Honda dealers don't sell more than 4-5 Accords a Month.
Oh and the current Jazz prices Jazz 1.5 V MT (w/ SRS and ABS) PHP 731,000.00 ($16,065) Jazz 1.5 V CVT (w/ SRS and ABS) PHP 772,000.00 ($16,967)
This is at todays rate mind you. If the dollar will climb back against the peso it would make a world of difference. So at todays exchange rate which is non-negotiable by prices here you got a good deal. Prices here tend to be high compared to the US tho, but not in this case at todays rate.
You got a great deal on your trade in. Here dealers do not take trade-ins. I don't think you got a bad deal I'm just wondering where the money for your trade went. they gave you over $3K right? MSRP is $16,565, That should drop the car down to $13K or less then add tax and registration. So that is why I said it didn't seem like a good deal as I couldn't see where he money for the trade went but maybe you had a loan on it? I can't see the figures for your previous post while replying to this one. If you got $565 off MSRP then that (for a Fit) is a good price considering the 2008 models will be out in a month or so..... But I still don't understand where the money for the trade went? :confuse:
But there's not any evil dealer-conspiracy secrets and their books get audited just like any other business
Hardly a conspiracy, but dealers make money on volume sales and there are tons of ways a dealer can make money depending on the company incentives and quotas and such. These are closely guarded dealer secrets. They're not illegal but most car buyers would surely want bigger discounts if they knew just how much money the dealers really made. Yes perhaps on an individual car it's not a lot but that is the tip of the iceburg. I worked for a dealership back in the '80's for a while and believe me they make money no matter how much they complain about going broke.
Price was $16,000 even with dest and floor mats included. Got $3700 for a trade-in so tax (8.375% NYC) was reduced to $1024 Then $262.50 in title, doc, tire tax (*gag*),etc. OTD = $13586.5 Price, not including trade in was $17286.50
Maybe, it depends, I'm not a car dealer. I'm a car buyer and I want the best deal I can get. many dealers are charging OVER MSRP. I know that's ok with you tho. It's always ok to charge more. I owned a store and I sold a lot of product and believe me I never sold above MSRP even when other stores were gouging on prices of hard to get items. NEVER!
And, I get so sick of hearing how Honda limits production! That is just pure BS! They want to produce and sell as many as possible. Why wouldn't they??
Sure they limit production, don't you read your own propaganda? They imported something like 37,000 Fits in one year. They sell a hell of a lot more than that in japan and they sell what almost 400,000 Accords in a year? I don't see the Fit as costing more than an Accord do you?
Well, maybe but most Price Shoppers are anything but loyal, for them all it is is PRICE!
Yes, this is true, but I will buy from a dealer I like for a few bucks more versus one I dislike. So loyalty is a factor. But price is a factor always for 99% of us car buyers. You get more buyers going under MSRP than charging over MSRP. But tell you what you come to my store and I'll sell you everything above advertised cost how's that but only if you really want it. :P
And, I would like to know where all of this "secret money" is! Must be a dark conspiracy!
Typical knee jerk response and designed solely to discredit anything I say from this point on. Dealers sometimes make more from corporate incentives than the car sale itself. You can't deny that because it's too easy to verify. There are many ways the car industry makes money otherwise how is it that you can sell cars below Invoice?!
Anyway this topic belongs in the dealer forum and i do not waste my time in there. This is all I have to say to you about this as it's off topic and I will complain to the moderator if you keep posting this off topic pro-dealer stuff in this forum.
To stay on topic the Honda Fit should sell for not more than MSRP but I would buy from a dealer who was willing to negotiate to below that. Some people are getting good deals on 2007 models now that the 2008's will be coming out soon.
Price was $16,000 even with dest and floor mats included. Got $3700 for a trade-in so tax (8.375% NYC) was reduced to $1024 Then $262.50 in title, doc, tire tax (*gag*),etc. OTD = $13586.5 Price, not including trade in was $17286.50
Ok so you paid $1,340 in sales tax correct? So your total price that you had to come up with was $13,586.50 correct? So in my mind THAT would be the OTD price, maybe I'm wrong or do it differently but the price I pay to drive away in the car is my OTD price not including insurance cost as those are not the car itself. So if you drove off the lot paying $13,586.50 I think you got a good price considering your trade-in and availability of the Fit. Sorry for the confusion.
you're right. can you smell the newbie-ness of me? haha.
hmm, i guess that tax should be higher than I wrote. That's just the numbers on my contract. *shrugs* odd. and they only tax the 12300... not the title, etc. still that would bring (12300x0.08375) to 1030 and change. I have no idea.
you're right. can you smell the newbie-ness of me? haha.
hmm, i guess that tax should be higher than I wrote. That's just the numbers on my contract. *shrugs* odd. and they only tax the 12300... not the title, etc. still that would bring (12300x0.08375) to 1030 and change. I have no idea.
Hey, I meant no offense, really. I think they taxed you based on the money you spent not on MSRP. Dealer figures are fairly complicated the way they do things. It keeps the customers guessing. So you probably only paid tax on the vehicle price minus your trade which is likely. I was basing it on $16K Also like you said there were other charges which they do not tax. What matters to you is that you got a good deal on a car you like right? I think you did ok, it was just I was confused by some of the numbers that's all.
This is all I have to say to you about this as it's off topic and I will complain to the moderator if you keep posting this off topic pro-dealer stuff in this forum. If anyone should stay on topic it's you and your long off-topic posts based on your experiences 25 years ago.
40 new cars...what a waste of money on all the depreciation costs you lose.
Hey, that's his choice but think about it. How old would he have to be to have bought 40 new cars in his life?
I bought 5 new cars between 1994 and 1996.
Why even ask? You do this in every forum I am in to stir things up. :mad: I really wish you would post the name of your dealership and where it's located!
40 new cars...what a waste of money on all the depreciation costs you lose.
Actually I didn't do as bad financially as you think, and I'd happily explain it but as you pointed out my posts are too long and off topic so I won't bother.
You mentioned that your cargo cover has to be removed for large items.... I'm thinking of getting the cargo cover for my new Fit Sport; the Honda website doesn't give all that much info on it, though, aside from that I know it's retractable like an old-time window shade, but does it have to be taken off when you put the back seats down to move things? Or is this just your preference? And how much of a pain is it to take on and off? And can you keep it in your car when off, or leave it at home? If you could please let me know -- I just got my windows tinted and you can't really see in the back hatch anymore, so I'm thinking the cargo cover may not be needed anymore. Thanks!
MSRP: $16,565 Accessories' MSRP: Rear Bumper Appliqué: $76.00 With Installation (price from Honda e-store website) All-Season Floor Mats: $136.00 With Installation (price from Honda e-store website) Cargo Tray: $108.00 With Installation (price from Honda e-store website) for total MSRP of: $16,885
Price that I paid: $16,733 I paid this price the last week in July. Did I save tons of money? No. But I did save more than Edmunds.com "what others are paying price" for my area. It says that others are spending $110 less than MSRP, whereas I spent $152 less than MSRP. A little better, but not by too much. I knew the price, and this helped me a lot. It's not hundreds or thousands, but every bit helps, of course.
So, price for car and accessories: $16,733 plus sales tax: $1,045 plus dealer inventory tax: $42 plus title fee: $33 plus license/registration: $75 plus inspection sticker: $21 plus documentation fee: $50 for total drive out price: $17,999
My limit was $18,000. I didn't want to go over that. That's what I told the salesman, in fact. Did I save hundreds? No, but all I wanted to do was at least get the Edmunds.com "what others are paying price" that way I knew I was getting as good a deal as could be had around here. I'd been shopping for a Fit Sport for about a month. Dealerships around here would get some in, and then they'd be sold within a week to two weeks (sometimes even pre-sold; at one dealership where I took a test drive, the salesman would show me what they were getting in, and what vehicles of those were already sold). So, yes, for the 2007 Fit, they aren't all that easy to come by. Maybe this will change?
When it was time for me to buy, the last week in July, as I always heard the end of the month would be the best time, I tried the internet route and emailed all the dealerships around that had Fit Sports in my top 2 colors, and told them what I was willing to pay (this was just a bit over invoice, as recommended), and that I would seriously buy it from them that day. I got all this advice on the car buying forums talking about how to use the internet.
Unfortunately, this did not work out at all. Every singe dealership (about four of them, within one hundred miles) all came back quoting MSRP. I'd email back and say, of course you're quoting MSRP, but I won't pay that; give me a fair price and I'll buy this car from you today. But no go. A lot of them said that the Fit just doesn't have much mark-up and they will get MSRP on it from somebody as it's a very sought after car, the usual Honda stuff, of course.
So, I was all set to place my order with the salesman at the one dealership where I went for two test drives and get my Fit Sport in the color I'd want within two weeks, but this would have to be done for MSRP, when one dealership calls and says, guess what, we just got two of them in, and the one is in the exact color that your wife wants. (I felt bad for leaving the dealership where I went for those test drives, but honestly, the salesman made no attempt at follow up or giving a deal, and here was the car I wanted at the time I wanted). So I tell him over the phone, go ask your sales manger what's the lowest price he'll sell this car to me for. You won't even have this car for a day, and it'll be sold, easy. Well, long story short, after an afternoon of going back and forth over the phone with this guy, he tells me at the end of the day that they want MSRP and that's that.
So I think about it overnight and decide to go over the next day. I took the requisite test drive (I put the first 10 miles on the car) and then went in to make the deal. I tell him the same thing; go ask your sales manager what's the lowest price, and you'll make a sale on this car without having it around for more than one day, easy. He comes back with MSRP, of course. By this time I'm wondering if I can do better, and keep thinking about the Edmunds.com price. So I tell him straight out what I'll pay, what others are paying, and that I came there today to buy this car; I'm not on the phone; I'm not on the internet; let's do this; I know I won't save a bunch of money, but money's money, and any little bit helps. So he goes back to the sales manager a couple more times, and finally (this took about an hour), when the price was under $18,000 total drive out with the accessories I wanted, we shook hands and had a deal. I got $152 off the price. Not bunches, bit I think a fair deal.
I wasn't going to haggle all day for a few bucks; I know the mark-up isn't all that much, but I did want a fair price, because I know that mark-up includes the profit, and I knew they wouldn't give hundreds off, as they're right, somebody will pay MSRP for this car; so when I had what I thought was a fair deal, and for the exact color, which was hard to come by, I went ahead and made it. No looking back. Get what you want for price you want, right?
As an aside, I didn't have a trade in, and I had financing through a credit union. I did ask if Honda could beat the finance rate, but they couldn't. I'd recommend a credit union highly; they are lower than anybody else around; lucky that my wife works for the state, I guess.
Hope this helps any of you out there. We're happy with our car, and with what we paid for it.
(And as a last aside, my mom used to work for Acura, and she said that Honda is probably restricting the availability of the Fit in order to keep the price up, as they used to do that with Acuras back in the 1980s with new, sought after models -- I don't know if this is true or not, but something to think about) but if it's the car you want, have at it, and enjoy!
You are only paying a little bit over invoice as it is.
" The usual Honda stuff"
If that means coming out with a great car ad then scrambling to produce enough of them, I guess that would be accurate. It's hard to be in Marketing, believe me.
" I wasn't going to haggle all day over a few bucks"
Well, in the case of a Fit, there aren't many bucks to even wory about.
" Somebody will pay MSRP for this car"
That's true, I'm surprised they discounted it.
" We're happy with our car and what we paid for it"
Good! That's all that matters.
" Restricting availability"
Pure poppycock and a very inaccurate rumor that has never been true. Honda wants to sell all they can.
Pure poppycock and a very inaccurate rumor that has never been true. Honda wants to sell all they can.
Not necessarily if they're not making much profit per car. Maybe they can get them to buy a Civic and make more profit if a Fit isn't available. Maybe if there were too many Fits available, that might cut into their Civic sales? Just a thought.
I didn't really mean "the Honda stuff" in a bad way; after all, I bought one, and my wife's uncle works for Honda USA (building Pilots in Ohio) -- what I meant is that they act like the star football player who knows he's a star. I meant that they know they have very sought after cars, and so they know they can get a higher price for them, and they act like it at the dealership. Is this good or is this bad? It depends on your perspective and your taste. I want a good, reliable car, and that's that.
Believe me, I went to a lot of car dealerships the past 3 months, and the Honda and Toyota dealerships were way more crowded than the others, and the dealerships acted like the knew it, too. They make some good cars, and so they want a good price for them. So I was willing to pay a good price, less a bit -- I mean, what Edmunds.com says is fair. I knew what price to pay, and so when I got that price, I went for it -- I don't think they got a bad deal, nor I a really great deal -- just fair all around. After all, they sold a car that had only been on the lot for one day, and from my perspective, every single mile put on that car, including the test drive, belonged to me. I know that doesn't really matter, but it's pretty cool. (I know how some people test drive cars.)
As far as Honda holding back on Fits, that's just what my mom said, and she used to work for Acura. It could be true; it could be not. I don't know. It's purely conjecture. It makes sense in a way (especially to build interest in the car -- remember Tickle Me Elmo during Christmas a few years ago -- I know this isn't a car, but are you telling me they couldn't make enough of those to go around?), but then again, it doesn't. I mean, a car's a car. All I know is I test drove a Civic, a Fit, a Corolla, a Focus, a Matrix, a Vibe, a Sonata, a Scion XB, a Mazda 3, and I decided on a Fit, and that was that.
I hope this helps. I like Honda; I've got tons of Honda merchandise from my wife's uncle that now goes great with our new Fit. I expected to pay a bit more for great service, and a great, dependable product.... We'll see.
Hey, The cargo cover is easy to remove and just needs to come off if you are opening the hatch to put an object in of any size b/c if you look where the tracks for the retractable cover are you can see the line of where it will be going across the back. Does this make sense? I mean like you could not put a bookcase in or possibly even some items that are smaller like I think my rolling cart might only fit in with the thing off...cant remember since i took it off and have not put it back yet. i do not yet have tinted windows? what does that entail and cost??
Anyway for you it might be a hard decision since you may not need it but it is simple to install, just pops and un pops right in using tension...
Thanks for the info. I paid $200 for tinting my windows. I'm sure it's more or less depending on where you go, but I'd be leery of going someplace that has a really cheap price, as I had tinting on a previous car bubble and turn purple as you see on some cars, and that just looks ugly and is hard to see out once it happens. I'd rather pay a bit more for something to be done well and will last. So I checked at the Honda dealership where I bought my Fit and asked them who they recommend, and I ended up going there.
TOTAL PRICE : 17584.91 Sales Tax : 1099. Dealership Inventory Tax: 38. License : 69.80 Title Trans: 34.00 Vehicle Inspection: 23.75 Documentary Fee: 50.00 Final Price : 18,900.
Tips while purchasing 1. Tell them that you plan to finance, do not tell them that you will pay cash if you can afford ahead of time. Normally if you finance they will reduce car price with an intention that he recover car through financing. 2. Tell him upfront that you do not like drama of going back and forth with the management. Quote him a price and be ready to leave if he does not agree. There are lot of dealerships in the country. 3. My take is MSRP (advertized) + $(300 to 500) (options not specified on the honda site) + TTL 4. Definately check with 5 to 6 dealers before purchasing 5. Do not believe the sales person, check every detail of the car (packages) with other dealerships 6. Dealer ships will say that they have just 2 vehicles on the lot and if you delay you many not get it. This is just to trap you. Do not fall for such statements. 7. Sales will test your patience. Keep that in mind.
Car was bought at San Marcos Honda Dealership, San Marcos, Tx 78666. I will not recommend this dealership.
mike i got my Fit from Honda San Marcos this past May.
I got the base with auto trans.
I didn't pay any of the second sticker items except for the tint. The pin stripe they had to give for free since i didn't want it but they cant take off. They had a cargo mat, but i had them take it out and i bought online for much cheaper. i also got the floormats installed and keyless entry(option on base model) installed at Howdy honda in austin.
So i paid msrp pluss the tint.
You got a good deal if you got to keep the alloy wheels for that price. The honda estore shows that they are only $1032 including installation so they were jacking up the price on that. but to get them, the tint, and pinstripe for $1000 over msrp is fair.
what is the environmental package? i didn't have that.
Comments
hey i think it is nuts that they tax the documentation fees!!! Come on, how do tax that? It is nuts!!
Have fun, be happy and only do business with like minded people. Salespeople are human and they are trying to make a living. They are not all bad, and they do deserve to eat and they also deserve to make lots of money just like the guy selling gold jewelery. However, it is a bit of a game so to play, timing and strategy are important but what really catches them off guard is a happy, stress free, fun loving customer who just wants to learn about the car and drive the car. They like to have fun and there is no harm in having a great day with the sales guys....
But...bringing a trade to a dealerhsip absolutely complicates and delays a deal....it is just torture...too much discussion and the price of the car becomes blurred because of all the gaming involved so please do not trade your car! Somebody will buy your car. I am telling you, Cars.com is the way to go!!
cheers!
Well I am clueless about gears and since you mentioned it, I did indeed go from 5th to 2nd but I won't make myself look stupid in public. I just thought it was the way to slow the car without breaking but then it revved etc...I am so lost it is not funny (with regard to understanding what others believe to be a simple concept of gear chaning)
Anyhow it is nice of you to teach your wife how to drive the stick shift...I admire her for giving it a go!
I teach 1st grade, what can I say!?
Even though I just bought the FIT I am eager to get a new car in a few years b/c I just think they will be more intersting to drive with more standard features like navigation (of course we have that here but I mean for it to come in every car) and better fuel economy and better selection of body styles for smaller cars and I don't know what else but I feel that we are on the verge of a trasformative period here for cars.
I might be having some adjustment issues with the FIT....I cannot find the right place on the steering wheel and it just drives so much different than my last car...it just takes some getting used to...the only word i can think of is unrefined, it feels unrefined but I don't really know how to put it into words, but it does look good, I wash it almost every day and it is so shiny in red....
OK this is bad, I am rambling, SORRY!
Great talking with you
slow the car without breaking but then it revved etc...I am so lost it is not funny (with regard to understanding what others believe to be a simple concept of gear changing)
Anyhow it is nice of you to teach your wife how to drive the stick shift...I admire her for giving it a go!
I teach 1st grade, what can I say!?
Hi
You *can* go from 5th to 2nd depending on the situation. I tried to use too many emoticons in my post and it crashed my system so I have to type the message all over again. The first one was longer. Now I'm typing it in Notepad so I don't lose the entire thing again.
My wife actually drives pretty well and has only about 30 hours of driving so far. But with work and all it's not easy. Anyway, A car is like a pair of you favorite jeans and your favorite shirt. You need to put on your car like that. Driving a real manual is like dancing and it's very involving and you have to know what to do so that it becomes automatic. because if you actually have to think during a confusing situation you might have a problem. This is true for all drivers.
I've been driving for 31 years now and it's tough for me to teach my wife because she needs to know things that are so automatic for me that I no longer thing about it.
So I have to concentrate on what I am actually doing in order to tell her.
Don't be afraid to really drive your car and see what it can do. The more you shift the more control you have over the car. See if you can borrow a friends Porsche even a
944 Turbo or a 968 if you don't know anyone with a 911, or a 5 or 6spd BMW with the sport package is good too. This will give you a better understanding of why driving a really nice manual is like heck even a Miata has a great shifter in it and believe it or not the Fit does as well. Then go out and drive a clunker 5spd from Kia or something and you will understand why we like manuals so much in some cars. Check out this Youtube video and you can search for other Youtube driving videos as well.
http://www.youtube.com/watch?v=BrcchCbq_vw
I also suggest that you take a driving/racing school or at least an SCCA autocross school. You will have a LOT of fun and much of what you learn will transfer over to daily driving. I'm not suggesting you race on the road but the how and why of driving will become clearer.
www.scca.org will have info in your area. other racing type schools you'll have to google and yes you can autocross your Fit with no problem. You might wear the tires a bit but you'll have a huge smile on your face they won't be able to chisel off.
Even though I just bought the FIT I am eager to get a new car in a few years b/c I just think they will be more interesting to drive with more standard features like
navigation (of course we have that here but I mean for it to come in every car) and better fuel economy and better selection of body styles for smaller cars and I don't
know what else but I feel that we are on the verge of a trasformative period here for cars.
Don't worry so much about getting a new car now. Just enjoy what you have. In a few years the diesel cars will really be out and then you will have some great choices
about what to buy.
The New Accord diesel is rumored to get 50mpg.That's much better than the Fit! So imagine something like a Fit with a diesel engine. Diesels are not like years ago when GM singlehandedly killed the market for them.
As far as Nav system goes, why not just buy one? If you buy a Garmin, it's much cheaper and you get free map updates that you can download and it's easily removed from the car and you can even put it in a rental car of if you borrow a friends car. Plus you can test one out at the place you are buying to make certain you like the features and 5 minutes after buying it you can put it in your current Fit and transfer it later to any other car you buy.
http://www.garmin.com/garmin/cms/site/us/ontheroad
Just a thought anyway.
I might be having some adjustment issues with the FIT....I cannot find the right place on the steering wheel and it just drives so much different than my last car...it just
takes some getting used to...the only word i can think of is unrefined, it feels unrefined but I don't really know how to put it into words, but it does look good, I
wash it almost every day and it is so shiny in red....
Then go test drive a few other cars and you will appreciate the Fit more. It's a decent car but not a highway cruiser, per se'.
I had a Civic before that I was never comfortable in. It was a good car but it just wasn't for me so I bought an Accord.
Give the Fit sometime and if you just can't get used to it then there will be other cars later, but wait until a diesel comes out. You will love those believe me. Lots of low end power and incredible fuel economy.
What did you drive for your last car? If it was very big then it will take some adjustment.
I've owned and driven so many cars that it has to be very bad for me to not fit into it.
But I really enjoy my Hi-Lux and it's too bad i can't take it back with me to the US.
OK this is bad, I am rambling, SORRY!
Great talking with you
Hey forums are about conversing and sharing info and helping other people and I'm happy to do that.
Hopefully some of what I've said is helpful to you and maybe some others as well.
Good chatting with you as well.
Oh, I didn't think you thought they were all liars, I just wanted to give you a way of figuring out what was true! As for the hassle of selling, I cannot believe how hassle free selling was! It was kind of shock and too many buyers for the 99 protege and 99 rodeo...it's so amazing how it is just money in your pocket above what thed dealer would give. When I told somone at the dealership I sold the car fast, he joked 'there is an a** for every seat' or something like that...I guess he feels comfortable doing car dealer humor with me usually reserved for the staff only!!
Later
We really still have so many Fits in the Atlanta inventory over here! I don't know what's going on...Maybe the Scion XD is taking business if it is out yet here...hmmmm...
Enjoy your Fit, just bring a dust cloth for the dash...dont know why it get so dusty and bring a damp cloth or lint brush for the seats...you can probably see they are magnets for little particles...I am gonna keep my milano red car really clean so when I sell it in four or five years it will still look new. I have 17 inch black Voss wheels on my FitSport, probably gonna kill my gas mileage which was 355 miles using 9.5 gallons of gas...we'll see!
have fun!
You have really great responses! I HATE when I lose my message after spending like 40 minutes typing it but thanks for the do-over! I am not sure I have time to do the things you suggest but they sound like fun. Driving other cars, or race cars etc would be sooo great but every minute of my life seems booked up! I hate it!!!!!!!!
As for switching gears, like you say I can do 5 tp 2 depending on the situation but i assure you I did not do it in the right situation!
I drove a 99 Mazda Protege ES and it had a Miate engine and it was a smooth drive. I got rid of it when I lost faith in it but nothing really went wrong...A lot of little things happened...like ten things that were sort of unrelated like tire bubble, flat tire, rear ended, motor breaks in electric windows, passenger miror gets broken in parking lot, high speed detailer goest through under the paint and it has to go get painted but the one thing that really bothered me was the gears stopped switching after 30 rpm (auto) and there was an overdrive error message....the mechanic reset the computer but after that i though the transmission might be on its last legs. I have lost faith in mazda with one nightmare after another posted about the Mazda 3 which was going to be my next car, so i was caught off guard when i found so many really unhappy people... I think my model had a defective selnoid sensor or whatever and i did find a bulletin before i sold it but i did not want to deal with them and fight with them b/c they did want to do a seatbelt modification when it kept popping open even though there was an open recall for that problem at the time b/c they were unable to replicate the problem! It really was just popping off!!!
I will have to be brave and invest in Nav but where do I plant it???? Also there are soo many, which one am I to get? I know the name you mentioned seems to be the most populuar but even then, I think there are various models! I will look at the link you sent! Thanks!
I am gonna get really busy soon, as I have to go back to work, i am a teacher and monday i have to go for county orientation...anyway, keep up your fun and good attitude and thanks for all your info and suggestions!!!
Plus in the summer unless you are teaching summer school that's the time to practice where it's safe.
I will have to be brave and invest in Nav but where do I plant it???? Also there are so many, which one am I to get? I know the name you mentioned seems to be the most popular but even then, I think there are various models! I will look at the link you sent! Thanks!
That's why you find out where a Garmin dealer is and you go down and check them out hands on. I don't think Garmin sells direct so you just click on their dealer locator and see if any do what you really want/need them to do.
Teachers have to research things all the time so they can pass along info to their students. Well just think how much you will learn when you research this for example.
I have found that the more you help others to learn the more you learn yourself.
I am gonna get really busy soon, as I have to go back to work, i am a teacher and monday i have to go for county orientation... anyway, keep up your fun and good attitude and thanks for all your info and suggestions!!!
Thanks, I'm happy to help. Good luck with your county orientation. Lots of people in these forums are very helpful and will be happy to help you out where we can.
Do you consider flat tires, getting rear ended, getting a mirror broken and having a sloppy detailer ruining your paint to be the fault of the car?
You ought to own a troublesome car sometime!
The Fit comes with wheel locks, 4x mudguards, cargo tray, Honda carpet floor mats and some protections (~$390 pro package) and an add-on package ($790? I don’t know what type mark-up but it shown on window sticker and I disagree to pay for this).
With all items above and the Fit: The price that I got is $14,055 (~$100 over dealer invoice + tax and license fees). The OTD price is $15,397.24 (if you want the deal breakout let me know - sorry, I didn't bring my contract with me at work).
I was in the dealer almost 4 hours and beat them to dead :P. Do you think I got a good deal?
Thank you to everyone posting help and prices. It’s a fun car to drive.
Itzmekevin - I bought the Fit at Honda cars of Corona; I didn’t go through an internet sale, just walked in and haggling the deal. Here is a brake down price for a new 2007 Honda Fit base MT (prices listed on the window: $14445 MSRP + $395 pro package + $ 799 Dealer markup :surprise: - plz see details on my previous post)
$ 14,055.00 Price (INC DESTINATION)
$ 55.00 doc/Processing Fee
$ 1093.53 Sales Tax at 7.75%
$ 165.75 DMV License fee
$ 28.00 DMV filling fee
__________________________________
$15,397.28 Total Drive Out Price
Good luck with deal
That must have been fun to watch!
Why wheel locks on a base Fit? Who would steal those?
Why not? the dealer doesn't care one way or the other.
Paid $16,000 even with dest and floor mats included.
Got $3700 for a trade-in.
Tax (8.375% NYC) was $1024
Then $262.50 in title, doc, tire tax (*gag*),etc.
OTD = $17286.50
Thoughts? :confuse:
It's my first time car buying and I was alone.
Is it typical to spend 7 hours at a dealership? :sick:
It's my first time car buying and I was alone.
Is it typical to spend 7 hours at a dealership?
Yeah the bad dealerships tend to make you wait and try and wear you down. Me, I walk out after an hour of this BS, too many dealers to buy from. I usually know what I want to pay if they want my money then they will deal. I tell them straight up front do not jerk me around by going back and forth to your manager 20 times because I will leave and not buy from you. Of course they still try it as it's their tactic I walked out of one place and ended up going back when the sales guy ran out and shouted the price to me as i was pulling out of their lot in my car. :mad:
They are so stupid and don't listen. I did buy the car but never bought from them again. I told the guy I wasn't fooling i do not have time to waste. I told another dealership the same thing and he said maybe you don't have time to buy a car, so i got up and walked out. I don't think they need to be rude. I walked across the street and made a deal and beeped the horn the next day as I drove past their dealership. I hope they fired the sales guy!
Honda salespeople can be very rude at times.
If they are I complain to the sales manager if that doesn't work I walk out and buy from another place.
hat said Honda has great service. I bought a Honda Jazz in The Philippines and they were really good about the entire process even tho the sales girl was more interested in texting er boyfriend that in my test drive, which was ok by me.
I really wrung the car out on a winding mountain. Great fun!
I did buy the 1.3L but poor economy was it's mantra and might prevent me from buying another.
I think your price is a big high getting $3,700 trade in on a $16K car. But I really can't say. It just seems high. Honda acts like you are buying a Mini Cooper which sells for MSRP flat. it's a mass produced car and is a volume seller but you'd never know it by the way they do not discount.
Well, lets see...there is about a 500.00 difference between what we pay for Fits and the MSRP. Woopee do!
And, Fits are in such short supply, they are normally presold before they ever arrive on our lots.
Why in the world would a dealer feel the need to discount a product like this?
Well, the price I got pretty quick - w/in 20 min. of the test drive and appraisal. It was waiting for the people that write the finalized contract and for the car to be cleaned that took FOREVER.
Too bad that my $16k was high. MSRP is $16565 (w/dest. for Spt AT) in the States. How much is it in the Philippines?
Trade in was a 00 Toy Celica GT 105k mi.
Since it's no big deal then just give us the discount.
And, Fits are in such short supply, they are normally presold before they ever arrive on our lots.
Yes of course because Honda limits them unlike the Civics and Accords.
Why in the world would a dealer feel the need to discount a product like this?
Because they want to be great to their customers and get them to come back and buy more cars.
You guys make more money that you'll ever admit to. Otherwise open your books and let us see all the real figures. But we know THAT will NEVER happen.
But there's not any evil dealer-conspiracy secrets and their books get audited just like any other business
Would YOU discount a car you can't keep in stock?
Not everything has to be discounted in this world to sell well or be a good buy for those who buy it!
And, I get so sick of hearing how Honda limits production! That is just pure BS! They want to produce and sell as many as possible. Why wouldn't they??
" Come back and buy more cars"
Well, maybe but most Price Shoppers are anything but loyal, for them all it is is PRICE!
And, I would like to know where all of this "secret money" is! Must be a dark conspiracy!
Well, the price I got pretty quick - w/in 20 min. of the test drive and appraisal. It was waiting for the people that write the finalized contract and for the car to be cleaned that took FOREVER.
I've bought over 40 NEW cars and I always pay cash for them. Dealers hate that but too bad. I'm not there to make the dealer happy I'm there to get a good deal.
The dealers usually need a day to prep the car. I usually sign everything and come back the next day with a Bank check to pay for it. Sometimes the dealership will run the paperwork but most often my Insurance company did the legwork at the registry.
Too bad that my $16k was high. MSRP is $16565 (w/dest. for Spt AT) in the States. How much is it in the Philippines?
Well there are differences here of course. First off you pay sticker or you don't buy the car. Also we use peso not dollars so that will depend on the exchange rate.
My 2005 Honda Jazz was the 1.3L as the 1.5L hadn't been released at that time in the city I lived in and Manila was just getting them in.
So the exchange rate was at that time P56.1 to the dollar! (How I long for those days) We are much lower now about P45.5 right now.
Anyway here is the breakdown for you.
2005 Honda Jazz Sport 1.3L manual P610,000 ($10,873.44 USD)
Full Coverage Insurance for a year P19,867 ($354.13 USD)
(note my insurance was the Max coverage available)
3 Year Registration Fee: P7,500 ($133.68 USD)
Honda Jazz Sport 1.5L CVT was about P725,000 ($12,923.35)
Now keep in mind that the dollar was very strong and here the Jazz is a big seller. If you were to compare this to the Current Honda Accord V6 Automatic this will set you back P1,690,000 ($37,142.85 USD) This is at todays exchange rate of P45.5 - $1
I sat in one a few weeks ago and it's hardly worth as much as a BMW But here the Philippines. It's a crazy market. They sell probably as many Honda City's as they do Fits and I bet most Honda dealers don't sell more than 4-5 Accords a Month.
Oh and the current Jazz prices
Jazz 1.5 V MT (w/ SRS and ABS) PHP 731,000.00 ($16,065)
Jazz 1.5 V CVT (w/ SRS and ABS) PHP 772,000.00 ($16,967)
This is at todays rate mind you. If the dollar will climb back against the peso it would make a world of difference.
So at todays exchange rate which is non-negotiable by prices here you got a good deal. Prices here tend to be high compared to the US tho, but not in this case at todays rate.
Here is the link for the info it only lists current prices
http://www.hondaphil.com/
You got a great deal on your trade in. Here dealers do not take trade-ins.
I don't think you got a bad deal I'm just wondering where the money for your trade went. they gave you over $3K right? MSRP is $16,565, That should drop the car down to $13K or less then add tax and registration. So that is why I said it didn't seem like a good deal as I couldn't see where he money for the trade went but maybe you had a loan on it?
I can't see the figures for your previous post while replying to this one.
If you got $565 off MSRP then that (for a Fit) is a good price considering the 2008 models will be out in a month or so.....
But I still don't understand where the money for the trade went? :confuse:
These are closely guarded dealer secrets. They're not illegal but most car buyers would surely want bigger discounts if they knew just how much money the dealers really made. Yes perhaps on an individual car it's not a lot but that is the tip of the iceburg.
I worked for a dealership back in the '80's for a while and believe me they make money no matter how much they complain about going broke.
Price was $16,000 even with dest and floor mats included.
Got $3700 for a trade-in so tax (8.375% NYC) was reduced to $1024
Then $262.50 in title, doc, tire tax (*gag*),etc.
OTD = $13586.5
Price, not including trade in was $17286.50
Maybe, it depends, I'm not a car dealer. I'm a car buyer and I want the best deal I can get. many dealers are charging OVER MSRP. I know that's ok with you tho. It's always ok to charge more.
I owned a store and I sold a lot of product and believe me I never sold above MSRP even when other stores were gouging on prices of hard to get items. NEVER!
And, I get so sick of hearing how Honda limits production! That is just pure BS! They want to produce and sell as many as possible. Why wouldn't they??
Sure they limit production, don't you read your own propaganda? They imported something like 37,000 Fits in one year. They sell a hell of a lot more than that in japan and they sell what almost 400,000 Accords in a year?
I don't see the Fit as costing more than an Accord do you?
Well, maybe but most Price Shoppers are anything but loyal, for them all it is is PRICE!
Yes, this is true, but I will buy from a dealer I like for a few bucks more versus one I dislike. So loyalty is a factor. But price is a factor always for 99% of us car buyers. You get more buyers going under MSRP than charging over MSRP.
But tell you what you come to my store and I'll sell you everything above advertised cost how's that but only if you really want it. :P
And, I would like to know where all of this "secret money" is! Must be a dark conspiracy!
Typical knee jerk response and designed solely to discredit anything I say from this point on.
Dealers sometimes make more from corporate incentives than the car sale itself. You can't deny that because it's too easy to verify. There are many ways the car industry makes money otherwise how is it that you can sell cars below Invoice?!
Anyway this topic belongs in the dealer forum and i do not waste my time in there.
This is all I have to say to you about this as it's off topic and I will complain to the moderator if you keep posting this off topic pro-dealer stuff in this forum.
To stay on topic the Honda Fit should sell for not more than MSRP but I would buy from a dealer who was willing to negotiate to below that.
Some people are getting good deals on 2007 models now that the 2008's will be coming out soon.
Got $3700 for a trade-in so tax (8.375% NYC) was reduced to $1024
Then $262.50 in title, doc, tire tax (*gag*),etc.
OTD = $13586.5
Price, not including trade in was $17286.50
Ok so you paid $1,340 in sales tax correct?
So your total price that you had to come up with was $13,586.50 correct?
So in my mind THAT would be the OTD price, maybe I'm wrong or do it differently but the price I pay to drive away in the car is my OTD price not including insurance cost as those are not the car itself.
So if you drove off the lot paying $13,586.50 I think you got a good price considering your trade-in and availability of the Fit.
Sorry for the confusion.
No "volume" bonuses on Fits! Why would there be?
You bet we make money! Don't you?
Nothing special on Fits. Just a hot seller that has very little markup.
Any you still expect a discount?
hmm, i guess that tax should be higher than I wrote. That's just the numbers on my contract. *shrugs* odd. and they only tax the 12300... not the title, etc. still that would bring (12300x0.08375) to 1030 and change. I have no idea.
hmm, i guess that tax should be higher than I wrote. That's just the numbers on my contract. *shrugs* odd. and they only tax the 12300... not the title, etc. still that would bring (12300x0.08375) to 1030 and change. I have no idea.
Hey, I meant no offense, really.
I think they taxed you based on the money you spent not on MSRP. Dealer figures are fairly complicated the way they do things. It keeps the customers guessing.
So you probably only paid tax on the vehicle price minus your trade which is likely. I was basing it on $16K
Also like you said there were other charges which they do not tax. What matters to you is that you got a good deal on a car you like right? I think you did ok, it was just I was confused by some of the numbers that's all.
40 new cars...what a waste of money on all the depreciation costs you lose.
How old would he have to be to have bought 40 new cars in his life?
How old would he have to be to have bought 40 new cars in his life?
I bought 5 new cars between 1994 and 1996.
Why even ask? You do this in every forum I am in to stir things up. :mad:
I really wish you would post the name of your dealership and where it's located!
Actually I didn't do as bad financially as you think, and I'd happily explain it but as you pointed out my posts are too long and off topic so I won't bother.
Why would you want me to post the name of my dealership? It's against the forum rules for one thing, but, why would that matter to you?
Thanks,
kyfdx
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Accessories' MSRP:
Rear Bumper Appliqué: $76.00 With Installation
(price from Honda e-store website)
All-Season Floor Mats: $136.00 With Installation
(price from Honda e-store website)
Cargo Tray: $108.00 With Installation
(price from Honda e-store website)
for total MSRP of: $16,885
Price that I paid: $16,733
I paid this price the last week in July.
Did I save tons of money? No.
But I did save more than Edmunds.com "what others are paying price" for my area. It says that others are spending $110 less than MSRP, whereas I spent $152 less than MSRP. A little better, but not by too much. I knew the price, and this helped me a lot. It's not hundreds or thousands, but every bit helps, of course.
So, price for car and accessories: $16,733
plus sales tax: $1,045
plus dealer inventory tax: $42
plus title fee: $33
plus license/registration: $75
plus inspection sticker: $21
plus documentation fee: $50
for total drive out price: $17,999
My limit was $18,000. I didn't want to go over that. That's what I told the salesman, in fact. Did I save hundreds? No, but all I wanted to do was at least get the Edmunds.com "what others are paying price" that way I knew I was getting as good a deal as could be had around here. I'd been shopping for a Fit Sport for about a month. Dealerships around here would get some in, and then they'd be sold within a week to two weeks (sometimes even pre-sold; at one dealership where I took a test drive, the salesman would show me what they were getting in, and what vehicles of those were already sold). So, yes, for the 2007 Fit, they aren't all that easy to come by. Maybe this will change?
When it was time for me to buy, the last week in July, as I always heard the end of the month would be the best time, I tried the internet route and emailed all the dealerships around that had Fit Sports in my top 2 colors, and told them what I was willing to pay (this was just a bit over invoice, as recommended), and that I would seriously buy it from them that day. I got all this advice on the car buying forums talking about how to use the internet.
Unfortunately, this did not work out at all. Every singe dealership (about four of them, within one hundred miles) all came back quoting MSRP. I'd email back and say, of course you're quoting MSRP, but I won't pay that; give me a fair price and I'll buy this car from you today. But no go. A lot of them said that the Fit just doesn't have much mark-up and they will get MSRP on it from somebody as it's a very sought after car, the usual Honda stuff, of course.
So, I was all set to place my order with the salesman at the one dealership where I went for two test drives and get my Fit Sport in the color I'd want within two weeks, but this would have to be done for MSRP, when one dealership calls and says, guess what, we just got two of them in, and the one is in the exact color that your wife wants. (I felt bad for leaving the dealership where I went for those test drives, but honestly, the salesman made no attempt at follow up or giving a deal, and here was the car I wanted at the time I wanted). So I tell him over the phone, go ask your sales manger what's the lowest price he'll sell this car to me for. You won't even have this car for a day, and it'll be sold, easy. Well, long story short, after an afternoon of going back and forth over the phone with this guy, he tells me at the end of the day that they want MSRP and that's that.
So I think about it overnight and decide to go over the next day. I took the requisite test drive (I put the first 10 miles on the car) and then went in to make the deal. I tell him the same thing; go ask your sales manager what's the lowest price, and you'll make a sale on this car without having it around for more than one day, easy. He comes back with MSRP, of course. By this time I'm wondering if I can do better, and keep thinking about the Edmunds.com price. So I tell him straight out what I'll pay, what others are paying, and that I came there today to buy this car; I'm not on the phone; I'm not on the internet; let's do this; I know I won't save a bunch of money, but money's money, and any little bit helps. So he goes back to the sales manager a couple more times, and finally (this took about an hour), when the price was under $18,000 total drive out with the accessories I wanted, we shook hands and had a deal. I got $152 off the price. Not bunches, bit I think a fair deal.
I wasn't going to haggle all day for a few bucks; I know the mark-up isn't all that much, but I did want a fair price, because I know that mark-up includes the profit, and I knew they wouldn't give hundreds off, as they're right, somebody will pay MSRP for this car; so when I had what I thought was a fair deal, and for the exact color, which was hard to come by, I went ahead and made it. No looking back. Get what you want for price you want, right?
As an aside, I didn't have a trade in, and I had financing through a credit union. I did ask if Honda could beat the finance rate, but they couldn't. I'd recommend a credit union highly; they are lower than anybody else around; lucky that my wife works for the state, I guess.
Hope this helps any of you out there. We're happy with our car, and with what we paid for it.
(And as a last aside, my mom used to work for Acura, and she said that Honda is probably restricting the availability of the Fit in order to keep the price up, as they used to do that with Acuras back in the 1980s with new, sought after models -- I don't know if this is true or not, but something to think about) but if it's the car you want, have at it, and enjoy!
" The usual Honda stuff"
If that means coming out with a great car ad then scrambling to produce enough of them, I guess that would be accurate. It's hard to be in Marketing, believe me.
" I wasn't going to haggle all day over a few bucks"
Well, in the case of a Fit, there aren't many bucks to even wory about.
" Somebody will pay MSRP for this car"
That's true, I'm surprised they discounted it.
" We're happy with our car and what we paid for it"
Good! That's all that matters.
" Restricting availability"
Pure poppycock and a very inaccurate rumor that has never been true. Honda wants to sell all they can.
Not necessarily if they're not making much profit per car. Maybe they can get them to buy a Civic and make more profit if a Fit isn't available. Maybe if there were too many Fits available, that might cut into their Civic sales? Just a thought.
Believe me, I went to a lot of car dealerships the past 3 months, and the Honda and Toyota dealerships were way more crowded than the others, and the dealerships acted like the knew it, too. They make some good cars, and so they want a good price for them. So I was willing to pay a good price, less a bit -- I mean, what Edmunds.com says is fair. I knew what price to pay, and so when I got that price, I went for it -- I don't think they got a bad deal, nor I a really great deal -- just fair all around. After all, they sold a car that had only been on the lot for one day, and from my perspective, every single mile put on that car, including the test drive, belonged to me. I know that doesn't really matter, but it's pretty cool. (I know how some people test drive cars.)
As far as Honda holding back on Fits, that's just what my mom said, and she used to work for Acura. It could be true; it could be not. I don't know. It's purely conjecture. It makes sense in a way (especially to build interest in the car -- remember Tickle Me Elmo during Christmas a few years ago -- I know this isn't a car, but are you telling me they couldn't make enough of those to go around?), but then again, it doesn't. I mean, a car's a car. All I know is I test drove a Civic, a Fit, a Corolla, a Focus, a Matrix, a Vibe, a Sonata, a Scion XB, a Mazda 3, and I decided on a Fit, and that was that.
I hope this helps. I like Honda; I've got tons of Honda merchandise from my wife's uncle that now goes great with our new Fit. I expected to pay a bit more for great service, and a great, dependable product.... We'll see.
The cargo cover is easy to remove and just needs to come off if you are opening the hatch to put an object in of any size b/c if you look where the tracks for the retractable cover are you can see the line of where it will be going across the back. Does this make sense? I mean like you could not put a bookcase in or possibly even some items that are smaller like I think my rolling cart might only fit in with the thing off...cant remember since i took it off and have not put it back yet. i do not yet have tinted windows? what does that entail and cost??
Anyway for you it might be a hard decision since you may not need it but it is simple to install, just pops and un pops right in using tension...
good luck!
I paid $200 for tinting my windows. I'm sure it's more or less depending on where you go, but I'd be leery of going someplace that has a really cheap price, as I had tinting on a previous car bubble and turn purple as you see on some cars, and that just looks ugly and is hard to see out once it happens. I'd rather pay a bit more for something to be done well and will last. So I checked at the Honda dealership where I bought my Fit and asked them who they recommend, and I ended up going there.
MSRP : 16565
OPTIONS:
Pin stripe : 195 (OK)
Environmental package : 695 (RIP OFF)
Alloy Wheels : 1295 (RIP OFF)
Tinted Glass: 295 (OK)
TOTAL PRICE : 17584.91
Sales Tax : 1099.
Dealership Inventory Tax: 38.
License : 69.80
Title Trans: 34.00
Vehicle Inspection: 23.75
Documentary Fee: 50.00
Final Price : 18,900.
Tips while purchasing
1. Tell them that you plan to finance, do not tell them that you will pay cash if you can afford ahead of time. Normally if you finance they will reduce car price with an intention that he recover car through financing.
2. Tell him upfront that you do not like drama of going back and forth with the management. Quote him a price and be ready to leave if he does not agree. There are lot of dealerships in the country.
3. My take is MSRP (advertized) + $(300 to 500) (options not specified on the honda site) + TTL
4. Definately check with 5 to 6 dealers before purchasing
5. Do not believe the sales person, check every detail of the car (packages) with other dealerships
6. Dealer ships will say that they have just 2 vehicles on the lot and if you delay you many not get it. This is just to trap you. Do not fall for such statements.
7. Sales will test your patience. Keep that in mind.
Car was bought at San Marcos Honda Dealership, San Marcos, Tx 78666. I will not recommend this dealership.
Hope you get a great bargain.
Mike
I got the base with auto trans.
I didn't pay any of the second sticker items except for the tint.
The pin stripe they had to give for free since i didn't want it but they cant take off. They had a cargo mat, but i had them take it out and i bought online for much cheaper.
i also got the floormats installed and keyless entry(option on base model) installed at Howdy honda in austin.
So i paid msrp pluss the tint.
You got a good deal if you got to keep the alloy wheels for that price. The honda estore shows that they are only $1032 including installation so they were jacking up the price on that. but to get them, the tint, and pinstripe for $1000 over msrp is fair.
what is the environmental package? i didn't have that.