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Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
7560 messages, Last post on Oct 07, 2008 at 4:01 AM
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Replying to: mhattrup (Dec 01, 2006 8:27 pm) Thanks for sharing your experiences with the SI coupe. I'm pretty confident I can get the SI Sedan for MSRP from Hondas of Bartlesville (north of Tulsa). They list all of their discounted prices next to the MSRP on their website. Their prices aren't the cheapest one might negotiate for, but they don't do add-ons or ADM or at least they didn't when the dealership was owned by Mark Roberts. It looks like the new owners are keeping the same sales approach. Since I already have a 92 MR2 I need to decide whether I really need the extra Civic SI zip vs. the practical storage of the Fit. Not exactly cross-shopping similar stuff, am I? There is a Fit Sport MT at one of the dealerships in Tulsa (if it's still there), but I'm not enthusiastic about driving over since we just got 12" of snow and, except for the main arteries, few of the roads have been properly cleared. Given the poor roads and cold temps I'd ordinarily say this would be a great weekend to look/buy, but I really doubt it would matter one bit with Fit pricing. I bet the dealers aren't happy to see their cars taken on test drives when it's as slushy and gross as the OK roads are right now. Gogiboy
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Replying to: hondaguy67 (Dec 01, 2006 4:12 pm) Where'd you get the $16,855 number? LX Auto Invoice with destination is approx $16,811 per Edmunds. Maybe you got the LX numbers? Just wondering what your source is. |
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Replying to: thegraduate (Dec 02, 2006 4:57 pm)
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Replying to: bamacar (Dec 02, 2006 6:38 pm) Our deal probably looks better on the surface than it really was given the high resale of Hondas, but either way, I was thrilled. I've never heard of anyone dealing with their internet department before, so I don't know the history of it having a good or bad rep for deals. By the way, though my folks didn't "haggle" on the price, my dad will walk on anything more than he was originally willing to pay. In this case, they undercut it by nearly $2,000 before he ever walked in to the dealership (quote done over the phone). |
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Replying to: thegraduate (Dec 02, 2006 4:57 pm)
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Replying to: hondaguy67 (Dec 04, 2006 9:42 am) Thanks for your input, regardless 
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Replying to: thegraduate (Dec 01, 2006 2:41 pm) $17,690 is the KBB retail price for a 2005 Accord EX with 68,000 miles Excellent condition. The dealer just made $5400 off you for the trade-in, so even if they gave you $1000 below invoice, they're still making over $3000 on the deal. You could have probably made at least $14,000 by selling it consignment on a used car lot, but this is how dealers make their profit and satisfy the seller of a new car at the same time!
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Replying to: bobw3 (Dec 04, 2006 2:25 pm) Nobody in this household has the time to sell a car through a paper or anything like that, and it was worth the cost to him just to trade the car in. Everybody's happy (dad never expected to do this well sicne Civics are still popular). Now THERE'S a nice car deal!
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Replying to: thegraduate (Dec 04, 2006 2:29 pm) So if you're basically paying cash for a car and end up paying a few hundred over invoice, then don't feel too bad. Like I said there are ways other than a newspaper for selling used cars. Most smaller used car dealers will sell the car for you on their lot for a percentage of the selling price, which is still a lot better than the trade-in price. It wasn't in your case, but it just seems funny to me that some people will spend a lot of time going to different dealers, sending faxes for price quotes, haggling over the selling price, just to save a few hundred dollars, and then lose thousands on their trade-in without spending an hour doing looking into some methods for selling it themselves. But for you everything was pretty simple and you're satisfied with the result, so that's good. I just bought a Fit and paid MSRP and some people think that it's crazy to pay MSPR for a car, even though I pointed out to them that the difference between invoice and MSRP is only about $600. I had a high mileaage '99 Mercury Cougar that they offered me $1800, which I sold myself for $4000, so the $2200 difference more than makes up for paying MSPR. With the Fit in such high demand there really is no way around paying MSRP or negotiations, but if I were buying a Civic I'm sure that with every dollar reduced in the selling price of the Civic, there would be an equal reduction in what I'd get on the trade-in. For me it was worth spending the several hours total it took over the two week period to sell the car to make over $2000. If I calculated my time spent to sell the car, I made about $400/hour. |
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Replying to: bottgers (Nov 26, 2006 5:20 pm) I don't know where you live but around here that Civic would have been snapped up at his asking price ten minutes after he parked it. The expensive timing belt/water pump job has been done and that car will easily go another 100,000 miles and more. What is hurting the car is the five speed. The majority of shoppers won't buy one. Cars like that will bring over book prices all the time! |
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