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Honda Odyssey Prices Paid and Buying Experience
20366 messages, Last post on Sep 07, 2008 at 9:53 PM
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what can I say, ? different ball game . I was a surprise. We negotiate for a couple week after find the best price in miami 30000 ,EXL w/res and navi ( I think really good deal) . Lease $3495 out of pocket and $338 w/tax a month . salesman was perfect no problem , no hiding fee nothing estrange . I know my fico 760 suppose to be tier 1 but........... honda use transunion something like classic 04 and They said my score was 689 and they need to adjust my payment , I don't know is true because I spoke with another dealer and he told me , they can boom the score , they want more money for you . and I told the guys sorry there is no more money, that is all take or leave and i leave without the van . Thanks this forum because you help me a lot to lower the price but I need a credit forum to understand the financiall rep because I just know there is a 6 diferents scores not 3 to buy a car . thanks all alex |
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Replying to: hob1 (Jun 20, 2008 4:08 pm)
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Replying to: jthammon (Jun 22, 2008 4:23 am)
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Just received all the responses to internet Dealer bids for EXL-RES Located in NY Bids #1 $29,055 includes Dest. #2 $29,282 Includes Dest. #3 $30,107 Includes Dest. Any thoughts. Going to try at local dealer for $28,500 What are 6-100,000 extended warranty's going for??? |
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Replying to: hob1 (Jun 22, 2008 3:10 pm) |
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Replying to: tnguyen74 (Jun 21, 2008 10:32 am)
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Thanks for the forum. It was helpful in determining the current market price then the stale TMV prices. Last weekend, finally i committed and purchased 2008 Touring from central florida dealer. I requested internet quotes from all the dealers within 100 miles radius. Quote from Coggin Honda was very competitive. Here are my details. MSRP: $40680 Invoice: $36884 Quoted price $33449 Accessories added by the dealer(Wheel locks, splash guard, accent strips): $287 Tax: $2111 New tags: $230 Predelivery service fee: $599 OTD price: $36,684 Whole experience was overall acceptable pleasant experience. They underquoted for my trade in by a lot. I was really not that interested in selling trade-in, so I pulled out the deal. I was preapproved for 0.9% finance, but the dealer wanted to pay $1000 extra for the vehicle. I did not find the fineprint for that in Honda offer. Finally ended up paying entire vehicle by cash. Predelivery price is pretty much standard here, except in Leesburg, FL, where they charge $299 Finally, for the sales person in this forum. I checked the weather for previous month
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Replying to: janebug712 (Jun 23, 2008 6:12 am) There was nothing in that guys post that was shameful or offensive to anyone. It was just pointing out market principles, people who do the research end up paying less vs people who just walk in to a dealership. You on the other hand have ulterior motives and seems like are trying to shut down an honest customer. I am willing to take bets that you are a SALESMAN at Honda!! |
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Replying to: ihatevt2 (Jun 20, 2008 8:44 pm) Also, any thoughts on where to buy extended warranty and how much this costs thanks in advance DFW area May 2008, EX-L/RES, Irving TX dealership "I paid $30,853.00 Out the door. I think it was ~ $400.00 below invoice plus $2,000.00 dealer cash back. This price was for EX-L/RES with dealer installed option: Splash guard, sun roof win deflector, wheel lock, stripe, cargo tray, door guard, etc... Call David McDavid Honda" ---- white EXL with NAV and RES from Honda Cars of McKinney. Here is the details MRSP $36455.00 Dealer add on made the total $38955.00 ( add-ons were window tint, wheel locks, paint sealant, fabric guard on the carpet, mudflaps) Offered: $31000.00 Total out the door: $32982.30 I also was able to get the 0.9% for 36 months. -------------- |
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Am I missing something here? My understanding of the current Honda promotion (at least in my region) is $2000 assistance to the dealer and special financing (ie 0.9% for 36 months). It appears that the financing is take it or leave it. That is there is no additional dealer cash for customers that pass up the special financing. In May, it was my understanding that it was either $2000 in dealer cash or $1000 dealer cash plus the special financing. However, as of June 3rd, I believe, Honda change the promo to $2000 and special financing, no additional dealer cash if the customer paid cash. If that is a correct description of the current promo, why would anyone pay cash. Even if you have the cash, you are much better off getting 0.9% for 36-months and investing it at 2, 3, 4, 5%, whatever. At a reasonable rate of return (4%) on $30,000 purchase, you are leaving well over $1000 on the table. Can those of you paying with cash or those with a better handle on the current state of Honda promotions please enlighten me as to why someone would choose to pay with cash? |
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