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Honda Odyssey Prices Paid and Buying Experience

20771 messages,  Last post on Oct 13, 2008 at 6:27 AM

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What is this discussion about? Honda Odyssey, Van


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#12447 of 20771
Re: Bought EX-L RES - South West Florida [rush2113] by dc_driver
May 02, 2006 (8:13 am)
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Replying to: rush2113 (May 02, 2006 7:41 am)

You got the van slightly under invoice, so I would say you did just fine. You got a great van at a great price
 
I just bought my Honda EX-L (no RES) on Saturday and am already looking at aftermarket DVD options (our child is only 9 months old, so we have some time). How do you like the RES so far?
 
BTW, how is the weather? I am originally from Lakeland (FL), but now live outside DC. Weather here is great.
#12448 of 20771
EX-L - 400 below invoice by rdharams
May 02, 2006 (10:51 am)
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I have a quote for 400 below invoice for EX-L and EX-L/RES/N. No other accessories on this vans. I got quotes from 8 Houston area dealers and this was the best offer. Is this a good price? From a comment posted above, someone got $2200 below invoice in Southern Cal for EX-L/RES!! And with accessories!
 
Now this comment has me thinking that 400 below is not that good of a deal. Should I wait until the end of the month? Any pointers would be highly appreciated.
#12449 of 20771
Re: EX-L - 400 below invoice [rdharams] by dc_driver
May 02, 2006 (11:50 am)
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Replying to: rdharams (May 02, 2006 10:51 am)

You can definitely wait until end of month to see if you can get a better deal, but I think $400 under invoice is a great deal on a Honda Odyssey (remember there are no rebates on this van). I bought my Odyssey last Saturday (Northern VA) and contacted eight dealers. I bought mine for $550 under invoice (including freight) and Hendrick Honda beat the next closest quote I had by nearly $800 (I bought my van on 4/29, and the dealer actually showed me her latest numbers that showed the dealers prices were going up $500 on May 1st for the Odyssey EX-L. She did this after I already bought the van, it was not a sales gimmick).
 
$2200 under invoice on a Honda Odyssey (or any new Honda for that matter) is almost unheard of and is exception more than the rule. At that price the dealer is definitely losing money on the van. You could try, but I seriously doubt you will be able to get a new Odyssey for $2K+ under invoice without some sort of incentive from Honda Corporate.
#12450 of 20771
Re: Bought EX-L RES last Saturday [sgolvan] by cuong
May 02, 2006 (12:19 pm)
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Replying to: sgolvan (May 01, 2006 1:34 pm)

Cargo net already come standard with with the van. So he give you an extra one?
#12451 of 20771
Re: EX-L - 400 below invoice [rdharams] by cccompson
May 02, 2006 (2:40 pm)
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Replying to: rdharams (May 02, 2006 10:51 am)

$400 under invoice is a great price - I wouldn't place too much stock in that tale of $2200 (or whatever it was - thought I'd read $2600) under invoice and it has no general applicability.
 
IF it happened, it can only be attributed to one or more of the following:
 
A) The dealer misquoted on the internet inquiry (perhaps mistakenly offering an EX price) and stood by the number;
 
B) The vehicle was not a factory EX-L RES but an EX-L that had an aftermarket DVD system installed; and/or
 
C) The vehicle was a demonstrator with some miles on it.
 
I can think of no other reasons why a Honda store would sell a new current MY vehicle at any true loss, much less the significant number claimed by that buyer.
 
If it did happen and neither B or C applied, that buyer got the second best deal I've ever seen claimed (the best being an "A" situation).
#12452 of 20771
Re: EX-L - 400 below invoice [cccompson] by sgolvan
May 02, 2006 (5:07 pm)
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Replying to: cccompson (May 02, 2006 2:40 pm)

You assumptions seem to be very logical, except the first one. I can tell you that B) and C) are not true. I am not in car business and I can't tell if A) is true or not.
 
An EX-L RES is an EX-L RES and I don't know in any dealership you can find a non-factory EX-L RES, or they can legally claim it. The sticker WAS on the window, the car WAS real. It's good to have questions when dealing with car dealers, but I don't think we should question something to that extend. You should see the dealership. It's a very large operation.
 
For your assumption C). I already said in my previous message. The car had 6 miles on it when handed to me for test drive. The sales person told me the exact milage the day before. True, odometer could be altered, but why?! I think the legal problems it causes will be far more expensive than a few cars can make up. The dealership claim (you can also see in their showroom) they are the only dealership in California that has Honda President Award 8 times. The bottom line is that I have owned a lot of cars in my life and I know what a new car is.
 
Frankly speaking, I don't think the guy misquoted the price. Because he never mentioned he priced it wrong. Usually, they do claim more credit if they did some favor to you, such as someone mentioned in a message about the cargo net. The sales guy told me he 'threw' it in. I checked car options after reading the message, the message was right - the cargo net is a included feature. In this case, the sales guy played a sales 'trick' on me. But I don't think he would withhold the truth that he did me such a huge favor (misquote) by standing by his 'mistake'.
 
All this sounds like I am representing the dealer. But I am not. I read a lot of messages from this board and I just want to provide some information so everyone knows what he/she should expect to pay when buying this car. I can even provide the sales person's name if anybody is interested. Please provide your email address because sales person's name is not allowed here. I want everyone have a great deal. Personally, I think old fashioned car sales technics is way out dated. For a consumer, Internet sales should be the only way to buy a car. I bought my last car (BMW 530) the same way: Email to dealers, got an acceptable price, went in, signed contract, and left with the car within a couple of hours.
 
Good luck everyone.
#12453 of 20771
Re: EX-L - 400 below invoice [sgolvan] by dc_driver
May 02, 2006 (5:59 pm)
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Replying to: sgolvan (May 02, 2006 5:07 pm)

I think what cccompson was trying to say is that this is an Internet forum, and people should not always believe everything they read. That said, your deal is very atypical of what others are paying for a brand new Odyssey EX-L w/RES that is not a demo model. Your deal IS a money losing deal for the dealer no matter how you slice it. I think you just happened to be at the right place at the right time but I still am not sure why the dealer would unload this car at that price especially on a Friday. I could see if it was Sunday (last day of the month) and the dealer being one Odyssey away from hitting a big milestone number. I am sure the dealer could have easily unloaded this car at even $500+ under invoice.
 
My recommendation to people on this board is to do exactly what you and I did. Email, or call as many dealers as you can at the end of the month and look for the best deal. As cccompson eluded to (this has happened to me) sometimes dealers will quote you an absurd price just to get you in the door, and later claim it was a mistake (if you notice in these dealer quotes all of them have language to protect themselves from this).
 
But if people expect to pay $2k+ UNDER invoice on a brand new (non-demo) Odyssey (with no rebates), then they better be willing to wait a long time... Buying an Odyssey for any $$ amount under invoice is a good deal, and it was not long ago where folks were lucky to get an Odyssey for $1K OVER invoice....
#12454 of 20771
Honda Odyssey has special price at Carsdirect.com by sgolvan
May 02, 2006 (6:00 pm)
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I just noticed that the EX-L RES list as $29146 at Carsdirect.com. That's $550 below invoice (minus $550 destination). I'm sure you can do much better through Internet sales department through dealers. They usually beat Carsdirect price by quite a margin.
#12455 of 20771
Re: EX-L - 400 below invoice [sgolvan] by cccompson
May 02, 2006 (6:02 pm)
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Replying to: sgolvan (May 02, 2006 5:07 pm)

Sorry, I must have missed your post that mentioned the vehicle mileage and certainly didn't mean to suggest any odometer tampering.
 
In one of your posts you had been somewhat vague about exactly what equipment was listed on the window sticker - hence my suggestion of the possibility of a dealer modified model.
#12456 of 20771
What is the good price for Odyssey by sgolvan
May 02, 2006 (6:15 pm)
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If you live in Southern California, I think $28500 is definitely attainable. My wife was casually 'fishing' for quote last week because we don't really need an extra car. She easily got $28500 price quote based on the color of our choice. Than we got this 'supper' quote. As I indicated in my previous message. If you are shooting for $500 under invoice, you don't need to go through this 'painful' process. Go directly to carsdirect.com and you get $550 under invoice right away.

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