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2016 Honda CR-V Prices Paid and Buying Experiences

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Comments

  • sk032013sk032013 Posts: 31
    edited December 2016
    sk032013 said:

    stever said:

    Congrats!

    @stever
    Below is quote i got, Please let me know if this is good deal.
    >

    @stever - Can you share your inputs pls
  • steverstever Posts: 52,462
    Here you go.

    Sometimes people post while you (or they) are composing or editing and stuff gets skipped.
  • stever said:

    Here you go.

    Sometimes people post while you (or they) are composing or editing and stuff gets skipped.

    @stever - Thanks for your time.
    stever said:

    The fees are okay.

    Invoice is 26,526, MSRP is $28,195 and the True Market Value average price paid for your area is $25,340.

    So your selling price is about $2,000 under invoice and ~13% below MSRP.

    The locks and moldings price is inflated - MSRP per this dealer site is $273 for both, and they'll sell em for $238 plus shipping and tax.

    Other than that minor grumble, pretty good numbers.

    >

    @stever - Thanks for your time.
  • steverstever Posts: 52,462
    My pleasure. It's fun spending other people's money. ;)
  • Just a quick question, i got my crv ex a few weeks back. At the time of my purchase, the dealer offered to install the rear parking sensors for me for $500 installation cost plus another $228 for the actual sensor parts. I didnt accept the offer and want to know now how can i shop around to find a place with cheaper installation cost?
  • steverstever Posts: 52,462
    Besides a different Honda dealer, I'd check with a "car stereo" shop. They are used to wiring up remote cams, alarms and other gizmos.

    I'd personally prefer that a dealer do it, since you are "cutting" into the wiring and if something goes haywire, you'd be more likely to be able to get Honda to cover it. But it may just be a plug and play part although some programming may be necessary too.
  • @stever thanks for following up.

    On the 2015 EX with 16k miles, was able to get them to $22,700 out the door. They are looking into whether Honda can do the Service Bulletin items as a courtesy since the car is at an Acura (therefore no additional warranty).

    No progress on price with the 2016.

    No decision yet. Did feel the vibration issue in both years and given I commute 1 hour each way daily, I could foresee it giving me a headache as it shakes in the headrest. Hesitant to purchase without feeling what it feels like post Honda fix. However, still not ruled out.

    Appreciate thoughts on pricing and thoughts on taking the risk of purchasing if the service it completed. Not sure how much it will lower MPG, into the high 20s?
  • steverstever Posts: 52,462
    edited December 2016
    Yikes, lousy commute.

    Service bulletins (aka TSBs) aren't like recalls and dealers won't address TSBs unless the car is under warranty and the customer complains, and they can reproduce the problem. Otherwise they won't get reimbursed by the factory, and even then, the manufacturers low-ball the dealer on warranty repair costs.

    If you can feel the vibes now, you'll always have that nagging in the back of your mind.

    Most cars are pretty good these days. I'd go test drive some other brands or revisit that RAV4. You may still decide on the CR-V, but you'll at least know what you're getting in to. Unless you need the room, I bet the Accord you were shopping would be a better ride and better on gas.
  • @stever
    Getting a final deal of 25,700 OTD for, Honda CRV EX AWD White With Beige interiors
    Zip code: 20148
    One of the dealers has 7 (same model, same color, same interior) of them in his inventory, but he is not ready to reduce even a single cent more. Should I wait more or is this pretty much the best I can get?
  • adamr1adamr1 Posts: 43
    I am still waiting to hear back from a few dealers. From what I read the month won't end until Tuesday for dealer sales.
  • Does anyone know if my honda 3/36k basic warranty covers things like the whipper washer spray hose ? I just realized today that there is a leak some where along the hose in my brand new crv (how is that even possible with a new car ?)
  • steverstever Posts: 52,462
    edited January 2017
    I think that should be covered. It's not normal wear and tear or a cosmetic flaw. Even wiper blade inserts are covered for the first six months of ownership. Just visit or call the dealer.
  • haidonghaidong Posts: 17
    Bought CRV EX AWD $24,250 before the Doc and Tax
    Zip code: 02153
  • steverstever Posts: 52,462
    Congrats @haidong!
  • Hey Stever,
    I need some help!! Looking to purchase a CR-V LX AWD in 08244. The best qoute I'm getting right now is 22,648$ (excluding tax and tags) with an MSRP of 25,795$.

    The OTD price is 24632$, is this reasonable?

    Thanks!!
  • @stever or anyone else with some CRV knowledge

    Looking to purchase two CRVs...

    2016 CRV EX-L AWD & 2017 CRV EX-L AWD in/around 22015-Northern Virginia

    2016: No quote yet

    2017 Quoted:
    MSRP $30,977
    Dest: $900
    VA Taxes: $1,386.72
    VA Tags: $58.75
    Processing: $599
    OTD: $33,921.47

    I purchased a 2015 EX-L AWD when they were new and got it OTD for $27,887, I really don't think it would go up $6K in two years (even with the new model). What should I be paying?
  • kyfdxkyfdx Everywhere, USAPosts: 127,973
    beege128 said:

    @stever or anyone else with some CRV knowledge

    Looking to purchase two CRVs...

    2016 CRV EX-L AWD & 2017 CRV EX-L AWD in/around 22015-Northern Virginia

    2016: No quote yet

    2017 Quoted:
    MSRP $30,977
    Dest: $900
    VA Taxes: $1,386.72
    VA Tags: $58.75
    Processing: $599
    OTD: $33,921.47

    I purchased a 2015 EX-L AWD when they were new and got it OTD for $27,887, I really don't think it would go up $6K in two years (even with the new model). What should I be paying?

    The 2017 is a brand-new model that just came out in the last week. It could easily have transaction prices that are that much more than what you negotiated in 2015.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • @kyfdx, thanks for the note. Clarified with the dealer and there are no additional transaction prices and they are starting to make deals that are more reasonable.
  • chun8143 said:

    Ending up with the 2016 crv ex for 24.2k before taxes and fees. Beside destination fee and ttl, nothinh else was added. I live in queens ny. I went to the dealer through costco auto program but the costco price was not a good deal. I told the dealer that i received another offer from another dealer through edmunds.com for 24.2k. I didnt expect him to match the offer but he did.

    Congrats! Just purchased the same trim for $23.9k (destination of $900 included) before doc fee & TTL (Chicago, 9.5%) so bare bones (no accessories or extended warranty except some free wheel locks ($25) they forgot to remove) out the door $26.6k. Probably could have negotiated another $225 but I already went to three other stealerships, I mean dealerships, and this one proved to be the most straight forward. Make sure you speak to the Internet Sales Manager for pricing via phone when price shopping. It'll save you time and headache having to set foot in the showroom. Wishing everyone a HNY!
  • mihcrc2 said:

    Hi Stever -

    We are looking to buy a 2016 honda CR-V EX awd in the Chicago area zip code 60171

    Here is what the dealer offered us today, can you please let me know your thoughts?

    2016 Honda CR-V AWD
    vehicle price: $28295.00
    "Dealer Name" savings: $2,507.00
    Customer Rebate: $900.00
    "Dealer Name" price: $24,888.00

    Sales Tax: $2,468.46
    Tag/Reg Fee: $101.00
    Title Fee: $95.00
    Other: $15.00
    Documentation Fee: $169.27
    Electronic Filling: $25.00
    Balance Due: $27,761.73

    Our total out of the door cost would be $27,761.73, and we didn't negotiate any package, should we have?

    Also I have read from other people that the extended warranty is negotiable, what would be a fair price for the longest extended warranty they offer? (not sure what they have to offer since we didn't get there)

    I was also curios how do you find the True market value, the invoice and MSRP for each model?

    Thank you an advance for taking the time to read my post, and respond.

    Any advice is really appreciated, since I am going to buy a new car for the first time.






    I too live in Chicago and just bought my 2016 EX AWD on 01/06/2017. OTD $26,618. No accessories and no extended warranty. Based on my research you can probably try to saved at least another $225. Good Luck.
  • 2017_crv2017_crv Posts: 4
    edited January 2017
    Hello all,
    A first time buyer here so little confused on should I wait for a price drop on 2017 models or just buy hugely discounted 2016 models.
    I am getting an offer on EX AWD for 27,000 (Excluding $400 document fee and 7% tax etc.)
    ... MSRP is 28,895..
    On the other hand
    CRV EXL AWD 2016 , I am getting for $25,500.

    It looks like 2017 EX models have Honda sensing and big alloy wheels which were initially available only on 2016 touring model , and I may also plan selling the car in 3-4 years so not sure if resale value of 2017 models will cover the margin in price we are seeing today.

    I live in Kansas City and checking dealers from KS city area / OK city Area .

    Is this a good price or should I wait till April / first quarter is over.
  • PF_FlyerPF_Flyer Pennsylvania Furnace, PAPosts: 9,231

    A reporter is looking to talk to someone who was originally shopping for a new car, but decided to buy a CPO vehicle instead because it was a better deal. If you're willing to assist, please send an email to [email protected] no later than Monday, January 16, 2017.

    Edmunds Moderator

    Silver 2012 Nissan Versa Hatchback & White 2019 Nissan Rogue S

    Need some roadside assistance? [email protected] - or send a private message by clicking on my name.

    Just purchased or leased a vehicle? Write your own vehicle review

  • ursnirmaltursnirmalt Posts: 19
    edited January 2017
    Bought 2016 CR-V EX-L OTD $28500 - CT
  • kyfdxkyfdx Everywhere, USAPosts: 127,973

    Bought 2016 CR-V EX-L OTD $28500 - CT

    Congrats!

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello,

    i just bought a 2016 Honda CR-V EX.  Could you please let me know if this was a decent price? I want to know so I can prepare better next time (I had to buy in a hurry due to frustrated spouse...)

    I do not understand the terms, but these are what it says.

    Before negotiation, on the car, there was a paper that said:

    MSRP: $26,095
    Destination & Handling: $900
    Total Vehicle Price: $26,995


    After I bought it, the paper that I got says:

    Cash Sale Price: $23,037
    Document Fees: $80
    State Tax: $2,022.74
    State DMV Fee: $281
    State Tire Fee: $8.75
    Total Sale: $25,429.49

    The accesories that were included were:

    Cargo Tray
    Wheel Locks
    Splash Guards

    The area code of purchase was 90249 (Southern California).  
    - They said to get extended warranty and I refused.
    - They said to get some security thing, i refused.
    - Then they put some sort of a black chip looking thing under the steering wheel to disable the security thing...
    - Can I just take out the black chip thing to activate the security?(i forgot what the security does.. i just refused it)

    Thank you so much in advance.  I was looking through this forum but spouse got so upset for waiting for so long.. i just had to buy it.  Angry spouse was NOT worth any more negotiation.

    Please do reply if you know the car price stuff. Thanks!



  • brian125brian125 New York Posts: 5,224
    edited February 2017
    puppymomo said:

    Hello,

    i just bought a 2016 Honda CR-V EX.  Could you please let me know if this was a decent price? I want to know so I can prepare better next time (I had to buy in a hurry due to frustrated spouse...)

    I do not understand the terms, but these are what it says.

    Before negotiation, on the car, there was a paper that said:

    MSRP: $26,095
    Destination & Handling: $900
    Total Vehicle Price: $26,995


    After I bought it, the paper that I got says:

    Cash Sale Price: $23,037
    Document Fees: $80
    State Tax: $2,022.74
    State DMV Fee: $281
    State Tire Fee: $8.75
    Total Sale: $25,429.49

    The accesories that were included were:

    Cargo Tray
    Wheel Locks
    Splash Guards

    The area code of purchase was 90249 (Southern California).  
    - They said to get extended warranty and I refused.
    - They said to get some security thing, i refused.
    - Then they put some sort of a black chip looking thing under the steering wheel to disable the security thing...
    - Can I just take out the black chip thing to activate the security?(i forgot what the security does.. i just refused it)

    Thank you so much in advance.  I was looking through this forum but spouse got so upset for waiting for so long.. i just had to buy it.  Angry spouse was NOT worth any more negotiation.

    Please do reply if you know the car price stuff. Thanks!



    A ok deal at $2405 below invoice price plus another 150 dollars thrown in with dealer accessories. The savings buying the 16 model did not outweigh the 1st year depreciation cost if your vehicle is stolen or totaled . You would of been better buying the 17 model.

    2016 BMW X-5 35i, 2012 MB ML350

  • brian125brian125 New York Posts: 5,224
    Some info on buying a 2017 model for this forum

    A 2017 CRV EX model in SoCal could be bought this month for 10 to 14 % below the MSRP if you buy it at the very end of this month.

    @puppymomo ....... A 17 EX, Fwd models MSRP = $27, 635 including destination charge. Minus just 10% = $2763 off price. By the summer months 2017 CRV will be selling at Invoice price and below.

    Good luck and enjoy your CRV its a great vehicle.

    2016 BMW X-5 35i, 2012 MB ML350

  • puppymomopuppymomo Posts: 5
    edited February 2017
    Thank you Brian.  Im done for car shopping for now, but for the future... i would like to learn.

    it seems i should always wait until the end of the month.

    what is a good ballpark target price when purchasing a vehicle at the end of the month??  A ball-park simple way?

    is it 10-14% of MSRP (including destination charge), or is it more like $3k minus the invoice price (not include destination??)... thank you!

    i could only spend only $25.5k max.  No financing.  So i decided on my maximum amount.  Also could not wait since spouse needed a car asap :(
  • brian125brian125 New York Posts: 5,224
    edited February 2017
    You made the best deal with your $$$. @25,5k. Good ballpark numbers that have to be taken into consideration with any new car purchase are .... Supply and Demand of that model, Time of the month / year, Incentives and Rebates. Many car brands that are not a new restyled or upgraded model year you should start negotiating at dealers invoice price and not MSRP.

    The 10 to 14% price off 2017 CRV EX models MSRP included the $940 Honda destination charge.
    whenever you consider buying a new 1 year old model the next year.... Stick to a price of 3k to 5k off original dealers invoice price. This helps recoup the depreciation value in the event of vehicle Totaled or stolen. also you have the Ins. deductible taken off the top

    Case and point.. On Jan 10th My friend bought a 2016 Ford Edge that invoiced for $41k. The deal negotiated was for 1500 below invoice price plus $3500 in dealer incentives making the sale 5k below original invoice price. Every car deal is different . If manufacturer isn't rebating heavy incentives at years end you want a lower invoice price . If you cant get it buy the new year model or a different vehicle

    2016 BMW X-5 35i, 2012 MB ML350

  • Thank you Brian.

    how do i find the orginal dealer's invoice price?  When I google CRV 2016 2WD EX, i see:
    MSRP = $26,095.00
    Invoice = $24,502.00.  

    Is the $24,502 the original dealer's invoice price?

    Meaning that for the maximum savings, i should have started negotiation at $19,502 and meet somewhere $19k - $21k for the "cash sale price"? (Car price + destination fee), which would have landed around 22.5k out the door?

    i seem to be not knowledgible enough to actually calculate a target price with many factors such as supply and demand, mo/yr, incentives & rebates.

    thank you again!
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