Last post on Dec 12, 2013 at 7:53 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Civic CRX, Honda Civic, Honda Civic del Sol, Coupe, Hatchback, Sedan
#10622 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [prettypenny]
Sep 26, 2013 (8:06 pm)
Not knowing where you reside, the OTD is not a good way to measure. The invoice price incl destination for a civic LX automatic is around 18,500. A good price would be around 12-1500 below invoice - then factor in any incentives you may qualify for. Negotiate any dealer doc fees down as much as possible - if they tell you they can't lower their doc fee, see if they will adjust the selling price to compensate.
#10623 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [gmanusmc]
Sep 27, 2013 (11:08 am)
Southern California is where this deal is being made. So would that be a good OTD offer? $19,300?
#10624 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [prettypenny]
Sep 27, 2013 (11:19 am)
$17,790 including destination. Tax, license, other fees totaling $19,300. Yes or no?
Also got another quote for $17,490 but OTD was $19,340 (supposedly).
All dealers will ask you if you are financing or paying cash, so they can gauge how much more they can possibly make off of you via finance interest charges.
Also, in regards to financing, I know the type of credit you've own is important as well as many factors for you to get approved for a fantastic interest rate. I have great credit but will be a first -time new car buyer, so I am wondering how likley I would be approved for the lowest finance rate which right now is .9%.
#10625 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [prettypenny]
Sep 27, 2013 (11:55 am)
If they are factoring in flex cash, 17,490 is a so so deal. That's 500 below invoice plus 500 flex cash. As I said in my first response to you - shoot for 12-1500 below invoice plus any incentives you qualify for (i.e. flex cash would bring you to 17-2000 below invoice). As far as financing, if your credit score is around 700, you should be able to get Honda Finance's best rate.
#10626 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [gmanusmc]
Sep 27, 2013 (1:30 pm)
Thanks for your responses.
I'm not too familiar with flex cash. Does that mean there's a flexible in that $500 amount that dealers either keep for themselves or pass on a little more discount to me, lowering the cost of vehicle purchase?
Also, for my specific car in interest, a white 2013 Honda Civic LX 4dr sedan -automatic, Edmund is listing the TMW for this particular configuration (quoted from my zip code) to be at $18,445 (w/ destination) but without TTL. Are you saying I should try to get the quote 12-1500 or 17-2000 lower from $18,445 depending on if there's s flex cash or not? But even without flex cash, I go 1200 below $18,445, that is 17245. So is this the actual quote for the vehicle I should aim for?
If so, let's just pretend that also TTL is another 10%, then my OTD is just right under $19,000. It will be $18,969. Think that is a fair OTD for Southern Cali?
#10627 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [prettypenny]
Sep 27, 2013 (3:20 pm)
Flex cash is a Honda supplied dealer cash - not sure it's still available - the 18,969 OTD in SoCal is a good deal if no flex cash is factored in - that's about 1500 under invoice.
#10628 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [gmanusmc]
Sep 28, 2013 (12:00 am)
Thanks for your reply. If you think the above Otd price was good, what range do you think would be considered great?
#10629 of 10744 Re: 2013 Honda Sedan LX -automatic $19,300 OTD? [prettypenny]
Sep 28, 2013 (1:46 pm)
If the dealer has flex cash available, an additional 500 off is possible.
#10630 of 10744 2013 Honda Civic LX-Sedan
Sep 30, 2013 (6:18 pm)
16206 Price of Vehicle
250 Doc Fee
16456 Taxable Amount
Total 17600 OTD
Cincinnati, OH Jeff Wyler Honda
#10631 of 10744 Re: 2013 Honda Civic LX-Sedan [whodey17]
Sep 30, 2013 (6:55 pm)
Congrats on the new car - were there any incentives involved? Your stated price is around 2000 below invoice - a very good deal indeed!
Enjoy the car!