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Comments
As they mentioned before alot of people will not come to a Honda dealer looking for a Volvo. And the market for used cars right now is probably soft because of all the deals that are available on 2001 cars.
I didn't say *bad*, just different.
And, because of this, used Volvos tend to scare the appraisers a bit. Wrong color? it won't sell. No leather or the wrong options...no sale.
If it's a five speed, forget it!
Hence the low offer, perhaps?
thanks
No matter the brand or make, if you abuse the paint, it is going to show. Dark colors are worse. Yes, the new water-based paints are a bit more brittle than in the past, but this is uniform across the industry. Thinner paint? Not in my experience...
If some kid drags his bicycle alongside the car scratching the paint it's hardly the fault of the car. Seven months? This could have happened the next day.
Am I missing something here?
isellhondas - yes, I do think the "no haggle" Honda dealer was "gouging" me. Selling a 2001 Accord EX V-6 for $24.5 when the 2002 cost $25.5K...no negotiation accepted. Then they turned around and offered $11K on the Volvo which was by far the lowest offer I've received. I find that odd when within the same 7 day period Volvo, Saab and Lexus offered anywhere from $2-3K more while Audi offered even more but that was a few weeks ago. Don't all the dealers check the same sources? Btw, when I posted this info here last Fri nite - within an hr or 2 I had 3 responses stating I was being "gouged"! Kinda made me feel stupid...I confirmed it the next day (being gouged, not being stupid!!!) when the other local Honda dealer offered to sell the same car for $23K even...but wouldn't even respond to a trade in.
I do understand that Volvo owners and Honda owners don't have that much in common. For that I am thankful! Just thought I'd see about Honda and guess I was expecting too much....remember, I've been driving Volvos since 1982....
I feel better tonight with the way I was treated, and the trade in offer I was given, by the Lexus dealer while considering a 2001 ES 300. Was the difference between night and day from Honda. Just have to find a few extra grand laying around....
Thanks again...
Here, the taxes paid on a new-car purchase are assessed on the selling price of the new car. Period. How much your trade, if any, was worth has absolutely nothing to do with it. In fact, this is how it is done in most states with a sales tax that applies to auto purchases [notice I said most, not all]. On leases in California, taxes are assessed on the amount of the monthly payment, rather than the whole purchase value, but even on leases, license fees in CA are based on the full retail transaction price of the car, whatever that is. Lord only knows how many tens of thousands of dollars I would have saved over the last 40 years if Calif only collected sales taxes on the difference between the trade and the new car. Where do you live?
Funny, because say the selling price is $30k. Say the trade is $20k. But also say one owes $10k on the traded in car. The sales tax is only on the $10k difference between the new car ($30k) and trade ($20k) no matter how much is owed on the traded in car.
Just happened to me when purchasing an RX300 ($40k) and a traded in '99 Acura TL (valued trade at $18.5k, but owed $11 on it). Paid sales tax on $21,500 ($40k - $18.5k).
The sales tax savings (5%) offset the difference of what I could have sold it for outright, without the hassle of the 30-day fix-it policy that MA has.
-Craig
Here in WA, we have no state income tax but pay 8.8% sales tax.
If the trade is worth 10,000 to a dealer, the seller would have to get nearly a 1000.00 more by selling it himself after paying for the ad etc.
Then there is the risk and PITA factor but that's another story.
Here in Florida and also in NY, sales tax is figured by (new car price - trade in amount) times the sales tax percent.
Buy new, $20k, pay 8% sales = $1600
One year later, buy again $20k less $17k trade, sales tax is AGAIN $1600. And whomever buys the traded-in car as a used car, paying say $18.5k, would pony up his 8% of that amount, or $1480.
So, in our state, the amount of the trade, or lack thereof, has absolutely no bearing on the taxable amount on the new car...it is what it is, whether you trade or don't. Each sale at retail, whether new or used, is taxed on the full transaction amount.
And this is the state that until this year, added another 2% of the depreciated value as part of the license charge. At least that has now been reduced to 0.67%, a small consolation.
Count yourselves lucky, the rest of you...
And as bad as we have it in WA, you guys have it worse. State income tax, sales tax of what now...7.5% or something etc.
Charging tax on the full price of a car without deducting the value of the trade in is just plain unfair anyway you look at it.
You might want to talk to Barbara and Dianne about that!
In Utah, they charge an annual property tax on cars! This is in addition to the annual lic. fees!
We all know that many car salepeople are unscrupulous. However, they should at least try not to let other customers witness such antics firsthand.
Needless to say, I did not buy a car from that dealer.
Sometimes I had to go in and sit down for a minute. The manager would look up and say "What are you doing?"
"Haggling with you" was my reply, then I went back to the customer to negotiate some more.
When you buy a car outside of CA, and then go to register it in CA [and it is illegal to live or work here and not do so], you are assessed the full license fees and sales tax on the transaction price, same as buying the car in CA. If you paid sales taxes in the state of original purchase, there is a provision for credit, but the sum of the two amounts will equal the full CA sales tax.
On the other hand, as a contrast to many, many urban jurisdictions in TX, our property taxes on our house amount to less than 1.3%. For us, because we are living so frugally on our IRA income, our total tax burden in CA is less than we would pay in most parts of TX [our income taxes are less than $150/year]. Sales taxes are a wash, but the TX property tax would hit us very hard. [We have best friends living in Burnet/Austin...we compare notes all the time.]
Anyway, there is no avoiding CA sales and license taxes on a car purchase...unless you are prepared to maintain a residence in Oregon, which is the least expensive state around here to own a car.
Guess it takes so much money to run a state and the'll get anyway they can.
http://www.hondanews.com/forms/honda/accord/index_images.html?kw=currenthonda
Thanks for the comments.
The 2002 Accord SE is not a top of the line model.
The should have taken a EXV6, tweaked the engine for a few more horsepower, added a high-end stereo system with plenty of power and quality speakers, heated seats, wood trim, rear sunshade, exclusive colors and rims, and maybe adjustable rear head rests and navigation.
That would really be a "special" edition that would be attractive enough to many that they would not bother waiting to see what the new 2003 model is like.
Didn't they have a special edition model in Gen 2 and Gen 3, I remember the old SEi and the LXi before it was the EX.
Does that really matter? I'm moving up from a 1990 Corolla.
So, 14 vs. 15" wheels--will we notice?
135 vs. 150 for LX--would we realy notice?
Are those two things worth thousands of extra $$?
Or, better, ask it this way? Won't the leap from old Corolla to DX Value Pack Accord be major improvement?
(As a minor side note, The VP comes with radio/tape/CD whereas LX is only CD. . .)
Oh, yes! Try selling it in a few years...
>So, 14 vs. 15" wheels--will we notice?
Nope.
>135 vs. 150 for LX--would we really notice?
Oh, yeah! The difference is between lethargic and competent.
>Are those two things worth thousands of extra $$?
Don't look only at the MSRP. What's thousands in MSRP comes down to a little more than a grand. And, yes, it's worth it.
>Won't the leap from old Corolla to DX Value Pack Accord be major improvement?
Yes, but I wouldn't nickel and dime a few hundreds on something costing many thousands already...
>(As a minor side note, The VP comes with radio/tape/CD whereas LX is only CD. . .)
What do you listen to nowadays, tape or CD? I don't think that you'd notice the tape...
HTH
It's all a matter of what's important to you and what you can afford. A lot for the money.
Now...evandro is correct about the resale down the road. Most people do want the extras that come with an LX.
But you're absolutely right in that all that matters is what's most important personally and how much one can afford.
By the way, there are people out there that still use a cassette player. If you have small children, you quickly realize that most kids audio comes on tape, not CD. Also, books on tape are much more prevalent than books-on-CD.
Thank You.
Could you please post here the problems you've had with your Accord in the last 12 months and since bought?
Thanks a lot.
This forum/discussion is especially made for any owners or who used to be an owner of Accord (1994 - 1997). please respond immediatly if you have any information there are a lot of accord owners of those years and a number of people who are to become an owner of accord(94-97).
Thank you.
As far as re-sell value, I imagine it will hold it's value similar to the rest of the Accord line. Don't forget it is starting $2000 less then the LX so you expect that to stay the same throughout the life of the car. And if you don't plan on selling it, who cares. It will last jsut as long as other Accords. The VP is a great bargain for the Accord. If they had power windows, it would easily outsell the LX model.
my 2 cents.
No, I'm not trying to push my particular priorities, just stating the facts as I see them.
;^)
for '02 Honda Accord?
A related question is how long have the '02
Honda Accord been out in dealer's lot?
The really question is actually what price should
I expect to pay if buying within 2-3 weeks. Is
a couple hundred dollars over invoice going to
do it?
Thank you very much!