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Prices Paid: Buying & Leasing Experiences Honda Odyssey Prices Paid and Buying Experience
24380 messages, Last post on Dec 05, 2009 at 5:58 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: caulrich (Feb 07, 2009 11:52 am) I live in MD but go to Long Island regularly. Thanks
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Replying to: govthokie (Feb 08, 2009 7:05 am) Your trade is worth whatever it is worth. Springing it after the deal is done accomplishes nothing. Just causes more work for the salesperson. Besides, we can usually smell a "hidden trade". |
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Replying to: govthokie (Feb 08, 2009 7:05 am) The dealer gave me 2K higher than what Car Max offered me. I've found Car Max to be a waste of time. I've taken 3 cars there over the years, all very clean low mile models 5 yrs or less, and they are 10-20% lower than what I've gotten on trade. I'm a savvy negotiator and know how to bottom line price on a new car and also trade, so it wasn't a case of them inflating the price of the new car to justify a higher trade in allowance. I see these posts about them paying top dollar, and maybe they do except for my vehicles!! It doesn't hurt to get an opinion. I bought an 07 Touring in Dec of 07, traded in an 03 Ody EXL w DVD. I've been monitoring this board ever since, it's a great place for information. Good luck! Tampa2
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Replying to: govthokie (Feb 08, 2009 7:05 am) |
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09 EX-L w/ RES and NAV in Chicago area, DuPage IL I emailed 6 dealers in my area before the end of the month in January, hoping for some end of the month deals. I got 1 'call me back' reply, 1 'unbeliveable' price of $29715+TTL reply, and 3 reasonable quotes which were about $200 within each other, and 1 dealer did not respond. So I just dealt with the 3 that responded with reasonable quotes. I emailed them back to make sure they did have the exact type of Odyssey I wanted. I was expecting the quotes to be above invoice (before the $1250 cash rebate), but they were $400 - $500 below. But at least now i had a starting point to deal. I gave one dealer a low ball offer of $31250+TTL but he thought that was crazy and told me to make a better offer. At this point, it occurred to me to look at the old posts in this forum from Jan '08 and Feb '08. What I discovered is that Honda increased their cash rebate on '08 Odyssey from $1000 in Jan '08 to $2000 in Feb '08. So since I was in no hurry to buy, I decided to take a gamble and wait for the Feb '09 incentives. Sure enough, Honda increased their incentive to $2250. I got emails from the dealers with their new quotes. I replied with a "I'll buy it today for $33750 OTD price". That price is $881 below invoice (before incentives). One dealer came back with $33874 and said that the van had splash guards and I would have to pay $130 for them. Another dealer said okay to my offer and the deal was done. Beforehand, I applied for a loan at Capitiol One and got a 5.3% rate (after .1% Costco discount), and I took that in to the dealer. I was thinking AHFC would match or beat, but they couldn't. They tried their local bank connections and no one could beat it. I think that is why the visit to the dealer took longer than expected. But in the end I was happy. Here's the break down: $33,258 selling price -$2250 cash incentive +$2742 TTL ====== $33,750 OTD Thanks to all to post here, these forums are an essential tool in the car buying process. |
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Replying to: tampa2 (Feb 08, 2009 11:16 am) We are just at a crossroad with what to do. Either de-pax or do the trade if we can get a good amt on the trade (we already have the OTD price from a dealership via internet). I think the next step is have a meeting with the dealership and see what they'd do with the trade-in. We don't have to buy a car, but if they make it worth it, we'll do it. |
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Replying to: soursticks (Feb 08, 2009 8:23 am) Huntington Honda offered the next best price, $98 more, with no haggling (direct internet price via edmunds.com).. Best of luck to you. |
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Replying to: ritesh6 (Feb 08, 2009 12:38 pm) Could you please share the Dealer Name including the qutoe of 29715? Did you contact them at all, or assume it was a bait and switch. I've spoke to Valley and Honda of Lisle and get my current honda serviced at both. Thanks, TonyL Naperville.
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Replying to: tonyl1 (Feb 08, 2009 7:14 pm) Honda of Lisle is where I bought my Ody.
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Replying to: ritesh6 (Feb 09, 2009 8:32 am)  . Take Care, Tony |
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