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Honda Odyssey Prices Paid and Buying Experience

21039 messages, Last post on Nov 22, 2008 at 12:20 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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donkeypunch1, How do you handle trade-ins when you are doing the internet route?
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Replying to: vadakkan (Sep 06, 2007 5:50 pm) See post 16253 for details on price and the breakdown.(end of the post).
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Replying to: svemuri (Sep 07, 2007 12:27 am) I paid $25590 + tax + license in LA. I got the same with 3.99 APR with 36 months. I think mine was a good deal. Anyone has any thought. Thanks.
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Replying to: davethewave1 (Sep 07, 2007 6:03 am) Dave nice move, new van and new wife? LOL jk. see post 16303...for what reason, I'm not sure because I don't think I mentioned trade. Follow that but dont talk trade. go to kbb dot com and edmunds dot com and get the value on your car. The former usually quotes lower, which is usually more indicative of what you'll get for trade. Make sure to be honest with yourself when selecting condition of trade. Get that price from both and print it out. Go to Carmax and get a quote from them to purchase it. Their quote is good for 7 days, so don't do this until your ready to do something in 7 days-in the event you need to fall back on them. Tell carmax you need to think about it. When your ready to buy. Take your written "purchase price" deal (as noted in #16303) and show up to test drive/buy the car. At that time, your SOB brother inlaw was supposed to buy your car, but bailed. (good enough as any story) Therefore you have a trade. While you drive your car, they'll kick the tires on the trade-in. Don't sign, talk inking deal, anything until they give you price for trade. The price they give 99 out of a 100 will be insultingly low. Say kbb says its worth 18k on trade, they'll tell you 14K or less. Pull out KBB sheet point to the trade value of your car. Tell them you need that period or your walking. They'll waste another 20 min of your time and then give you another price. Probably not what you need. Stand up, take steps and emphasize your bottom line. Get reaction. They may take another look, they may say that's it..that;s all they can do. If they are BETTER than carmax..forget that info in your back pocket. If carmax is better, pull it out and tell them that they'll give you "x"...you need "x" price to be done. Hopefully they will get there. If they come close. ($500), take their deal, since the trade value of your car gets deducted from the purchase price, so you pay less tax. Ie, you buy car for 20K, trade in 10K, you pay tax on 10K. If tax is 7% you saved $700 on the tax with the trade. Hopefully they give you KBB trade value or carmax price. If so, I'd do the deal and be done. NOW--IF Your trade is only worth $1800, going to this extreme is proably pointless. dump the car outright to someone or try to get $1500 and be done. Really depends on value of trade, if you want to bother selling outright, etc. Just be careful not to totally get bent over on the trade. |
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Replying to: cccompson (Sep 06, 2007 4:53 pm) |
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Replying to: rajsdeeps (Sep 07, 2007 7:58 am) |
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I have a quote for $30,600 which includes the following: Wheel Locks Pin Stripes Front and Rear Splash Guards The OTD price is $33,443 What do you think. |
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Yikes, I seem to have hit a brick wall in my negotiations. The dealer is at 28199 for the EXL w/RES. His reasoning is that the invoice is $30199 minus $2000 (incentive). So what do I respond to this?? Besides that I am working w/ other dealers! I was hoping for $27250, but at this point 27500 would make me happy. I haven't read any posts from others in CT, but I am assuming this market is similar to others! Any advise??
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Replying to: jsn2 (Sep 07, 2007 11:45 am) |
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Replying to: vadakkan (Sep 06, 2007 5:50 pm) |
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