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Honda Odyssey Prices Paid and Buying Experience

24381 messages,  Last post on Dec 05, 2009 at 9:37 AM

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What is this discussion about? Honda Odyssey, Van

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#5044 of 24381 TO: txody by rbell2 Feb 11, 2004 (1:35 pm)
Do you mind telling us what vehicle, yera, and mileage you were trading?
#5045 of 24381 tmm... by isellhondas Feb 11, 2004 (6:32 pm)
If you really want to determine a dealer's "true cost", you would need to take the invoice, deduct the 3% holdback and then figure that car's share of the dealer's overhead.   I know people don't want to think about the Cost of Doing Business but these costs are staggering and really need to be considered.   I agree with our HOST here. Instead of trying to figure out all of these costs, etc, concentrate on your total OTD costs. It'll be much easier that way.   Good Luck!
#5046 of 24381 cloud nine by 804teamster Feb 11, 2004 (9:53 pm)
Hi all ,, first time posting here. just bought a 2003 NEW ( 3 miles ) Odyssey EX-L white / fern leather   $24,050.00 van   2,083.00 NYC tax      85.00 reg , inspection      12.50 NYS tire waste   $26,230.50 total plus splash guards and free oil changes for 2 years ( just tip the worker )   Bought my van in New York City , went on Feb 2nd ( but since jan 31 was on a saturday they had till Feb 3 for January sales ) told the salesmen that i wanted a 2003 for $24,100 out the door. They said no thankyou I left but gave them my cell phone number before leaving. The next day, wednessday Feb 3rd at 11:00am got a call from the same salesman he told me if I was able to get everything done by 9pm we had a deal. Called geico , went to the bank , was done by 3pm. Very Happy ( to tell the truth I was going to go back on the 2nd and offer more money LOL ) Thanks for all your post they really helped......
#5048 of 24381 RE: rbell2 - trade-in by txody Feb 12, 2004 (7:24 am)
rbell2: My trade-in was a 99 Chevy Tahoe, loaded, with 56k miles on it.
#5049 of 24381 OTD Cost (Factory Holdback Honda ) by tmm_col Feb 12, 2004 (11:06 am)
Thanks for the Welcome and the information.   My out the door cost .... best offer so far is   Honda Odyssey 2004 EX-L-RES (leather and DVD) is $27,769 OTD (includes Destination Charge)   MSRP $29,990 + $490 (Dest Charge)= $30,480   Goal is $27,500 OTD   Invoice: $26,980 $26,980.00 - 914.40 (3% of MSRP)3% Factory Holdbk __________ = $26,065.60   $26,065.60 + 781.97 (3% Profit above invoice) __________ =$26,847.57   $26,847.57 + 490.00 (Destination Charge) __________ =$27,337.57 ( rounding up to what I want out the door - which is $27,500.00)   So, I believe I am in the ballpark for an OTD price of $27,500   Hope all is well   Once again thanks for the input.
#5050 of 24381 OTD? by ral2167 Feb 12, 2004 (2:28 pm)
wouldnt you have to pay sales tax, which would make the out the door price higher than 27500??
#5051 of 24381 OTD by steve_ HOST Feb 12, 2004 (3:28 pm)
OTD means different things to different people. It's probably a better practice to state an OTD price plus tax since sales tax varies from state to state. Or at least say including tax at X%.   Doc fees also vary widely, but they are a profit center for the dealer, so most of us tend to roll them into the OTD price while negotiating. Ditto ad fees, mop and glow packages, etc.   Steve, Host
#5052 of 24381 Good Price? by cdxdog Feb 13, 2004 (6:48 am)
I've been receiving price quotes from local dealers for an EX-L-RES and wanted to find out if the numbers look good to you folks.   I requested online quotes from 6 dealers. So far only 4 of the six dealers have responded. I requested itemized costs, but only one did that. I also requested the OTD price (tax 5% and tags), telling them that I needed that so I could directly compare all quotes.   Dealer 1) $29,345.77 He said this included his "Value package" which had mud flaps, pin stripes and other things I did not want. I told him give me a price without those, and he responded that they were included at "no charge".   Dealer 2) $29,000   Dealer 3) $28,805   Dealer 4) $28,732. This dealer responded by email, and itemized the costs. When I checked them they had the tax at 5.2% when it should be 5%and the calculated amount was way to low. When I told him that, he corrected himself. The OTD price came to $29,288. When I got home there was a message from the sales manager who was unaware that I had a quote already from them. He came up with the $28,732 figure. Interesting how the same dealership came up with two different numbers.   I have a few other quotes I'm waiting on and I plan on calling the sales manager where I originally test drove the vehicle. He said that he would beat any price quote I have.   Does $28,732 sound good? It seems OK to me.   Thanks for any input.
#5053 of 24381 OTD? by tcasboy Feb 13, 2004 (9:46 am)
cdxdog: You'd probably get more opinions on your numbers if you would post just the cost of the van, without taxes and such. You are expecting everybody else to subtract 5% for the taxes you have to pay, way too much math for no reason. Just state the cost of the van, and then you might get some real answers. By the way, I paid about 300 over invoice ($26422) for an EX-L last month in the Memphis area. Perhaps that will help you decide if the price you have is good. It looks like anywhere from invoice up to 500 over invoice (depending on the area) are pretty reasonable deals right now. good luck.

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