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A word of advice; you will not always see or get the lowest price if you use a Truecar certified dealer. I read somewhere a while back that dealers pay Truecar a finder's fee. I would suggest using them for research purposes and comparing pricing in your area, but I have never relied on them for the best pricing.
Where are you located and what trim of the Accord are you looking to purchase?
Sounds about right. Going to get an EX at noon Eastern. Should be $26K out the door. Not exactly sure what sales price that works out to be. I know the doc fee is $499, so sales price is probably somewhere just under $24.5K. Good price or not, it's the best I could do.
Make the deal and take your new accord proudly out for a long ride and don't look back. You did your research and got the best deal. For many of us our day is coming but today is your day. Best of luck !
However, if you are in no rush to buy then you are free to wait until next month to see whether pricing gets better. No one knows whether Flex cash will make a come back in July.
Good luck.
Doc fees are capped at $80 in CA.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I'm going to continue to try to get the dealerships to beat it. Unfortunate most dealerships refuse to provide me a bill of sale or official quote.
$24,359.89 + $499 doc fee + 1031.64 tax and a couple other small random fees for a total of $25,961.25.
I'm happy to be locked in now rather than waiting for better offers or incentives:
http://money.cnn.com/2018/06/13/news/economy/federal-reserve-june-rate-hike/index.html
Anyone end up doing better?
"A quarter-point rate hike theoretically would get passed on to new auto loans, increasing the monthly payment for a new $25,000 car by $3. Existing loans would be unchanged. But competition among lenders is holding down auto loan rates, McBride says. That could mean an even smaller monthly increase. Five-year auto loan rates are currently at 4.71 percent."
So even if car loan rates go up, some automakers might provide subsidized rates to move cars off their dealer lots. Of course, I cannot tell what rates will be like for the Accord after 7/5 but I will be surprised if they go up (given the slow sales of the Accord).
A dealer told me today that once 2018 Summer Clearance starts after July 4th and from their experience MF always goes down.
I've been itching to get into an Accord but if the MF will go down I will force myself to wait.
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i talked to one dealer in the Dallas area and he said the best he could do was $26k. Seemed way too high
i talked to one dealer in the Dallas area and he said the best he could do was $26k. Seemed way too high
Other states will net different pricing. To find out your area's pricing round up 6 to 10 dealerships and negotiate pricing. Use dealerships doc fee charge as leverage to lower price.
23 Telluride SX-P X-Line, 23 Camry XSE
23 Telluride SX-P X-Line, 23 Camry XSE
Went to dealerships for the first time ever yesterday and lowest I got was 26,300 out-the-door on a car with mud guards, wheel locks, trunk tray, and fabric/paint protection. Went to the next dealership and got to 27,300 with a few more "accessories". Decided from there that I'd just email to get prices from now on.
I don't think 25,000 is an unreasonable expectation at all, but the dealerships can sure make you think it is. I'm not crazy to be looking for 25,000, am I? I've seen a guy get one for $21.2k before TTL and another for 25,000 OTD in this forum, granted they are in different areas (I'm in Houston and don't know how pricing is here relative to other areas).
Nevertheless, I'm in no rush and will focus on looking at end of month when dealers are more interested in moving cars off the lot.
23 Telluride SX-P X-Line, 23 Camry XSE
Your car has an invoice of about 24.5k; they are not selling at 3300 below invoice. regional pricing variations are common on Accords and texas may not be competitive with CA or the DC/MD/VA area. As the gurus have said, get several quotes and you'll be in a better position to know your local market's bottom price.
IMO, 25k total otd is doable, perhaps end-of-quarter (6/30)...GL
I am in Boston as well on the South Shore. Have been following the thread for a month or so. I am considering a Touring 2.0 but am not pressed to buy. I have a few quotes back from some dealerships at about $32.5 total including Doc prep without tax or title. I have a client who is a salesperson as Honda Cars of Boston and when I am serious I will call him but I am really looking to spend about $31.5 OTD with Doc prep plus tax & title. Let me know what you are seeing and any insight that you have. THX
Is your client a salesperson or you are working with a salesperson at Honda Cars? I am confused.
Good luck.
Sorry for the confusion. I have a client of mine who is a salesman at Honda Cars of Boston. I did the mortgage for his house.
Not a firm quote. I spoke with him and sounds like in the mid $32.5 plus doc fees range is where they would be but I was not serious and did not press. Just a feeler call. Open ended timeframe up to and including I do not have to buy a car at all. No I am not considering other trims but if I were would probably be an EX-L. No not considering other makes at all really.
I would also reach out to more dealerships to see where pricing is.
Good Luck. Let me know how I can help.
"2018 Honda Accord EX-L 1.5 26175
Dealer Documentation Fee 459
MA State Inspection Sticker/Plates 175.00
MA State Sales Tax 1664.94
Total OTD Price $28473.94"
Will do 1 more round of dealer emailing. Can anyone suggest what's a good price I should aim at. So that I feel happy about the purchase .
True car avg price is 27500. I don't think any dealer will agree to that low price. Any suggestions? I am in MA area.
Not sure how low you are aiming to go. True car pricing only includes the price of the car. It does not include doc fees, license and registration fees and taxes. Your best bet is to wait till the last few days of the month/quarter and make your best deal.
Good luck.
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No problem. Still going to try and get an Accord or something else? I remember you had mentioned you were leasing a civic, correct?
Do not hesitate to post here or reach out if you need guidance/advice.
Good luck.
Here was my deal at the end of May, note that this price includes the extra $500 off for the financing:
2018 Accord EX-L 1.5T
Sale Price: $26,059
Doc Fee: $299
Lien Fee: $4
Total Sales Price: $26,362
Note that I paid sales tax and other licensing fees at the DMV.
i am new in leasing ...
Can someone explain me how to calculate Sales Tax on car leasing in NJ (Sales tax 6.625%)
I am trying to understand my monthly payment for following details
MSRP $26,670.00
Negotiated Price $22,170.00
Money Factor 0.0011
Residual Value 59%
MF 0.0011
Mileage (per year) 12000
Lease Duration 36 Months
Document Fee 499.00
DMV 301.00
Bank fee 595.00
Sales tax 6.625%
with 0$ down and with 1000$ down
Thank you in advance ....
This is with all taxes and fees rolled into the lease. Only first payment due at signing. Lease payments are due at the beginning of the month, unlike loan payments.
That is a decent deal BTW
That is a decent deal BTW
Thank you so much , i appreciate the help here...
what would be monthly payment with 1000$ at the signing ? (without first payment) .
Best Regards,
That is a decent deal BTW
Thank you so much , i appreciate the help here...
what would be monthly payment with 1000$ at the signing ? (without first payment) .
Best Regards