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Honda Civic Prices Paid and Buying Experience

7565 messages, Last post on Oct 07, 2008 at 12:32 PM
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Replying to: dwynne (Jun 08, 2007 4:42 pm) You'd think Honda would be more inclined to give special financing to promote sales in the Detroit area due to the bias towards buying domestic vehicles in the area. |
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I am buying a civic in the twin cities minnesota. just wondering what people are paying in the region. and, what is the deal with the internet price versus the one they quote if you walk in? thanks |
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I bought a new Galaxy Grey Civic LX 4 door sedan with Manual transmission in the Sacramento, California area recently and thought I'd share some details. I originally wanted to get a Mazda 3i Touring MT, but I found the back seat a little small and the only color available right now is beige, which isn't for me. I'll primarily use this car as commuter car and Consumer Reports said the manual transmission averaged 3 mpg higher than the automatic even though the EPA numbers suggest otherwise. So far, I'm averaging 31 mpg, which matches CU measurements. CU says the auto averaged 28 mpg. I might occasionally haul my kids around, so safety is important to me. The Civic with standard side air bags achieved better gov't and IIHS safety ratings than the Mazda 3i without optional side air bags. This may not be a fair comparison, but Mazda 3i crash data with side air bags isn't available. I wish the LX Civic had alloy wheels and it is cheaper to buy aftermarket wheels than upgrading to the EX or buying alloy wheels from the dealer. The Mazda 3i touring costs a little less the Civic and comes with alloy wheels. 4 wheel disc brakes would be nice too. Here is some pricing info. $ 16281 - Invoice price $ 16066 - price paid ($215 under invoice) $ 55 - doc fee $ 1168 - sales tax (7.25%) $ 175 - CA state license and registration $ 17465 - total -$ 5000 - down payment $ 12465 - amount financed $ 362 - monthly payment at 2.9% for 36 months. Honda is offering special 2.9% financing for 36 months or 4.9% or 60 months in Northern California. 2.9% is cheap money! The dealer was offering an even bigger discount on automatics because manual sedans aren't very common, but the manual feels a little more responsive, is fun to drive and costs less in terms of gas and purchase price. Resale value may be a different matter.... I hope somebody finds this info useful.
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Replying to: chris07civ (May 25, 2007 6:45 am) Thanks PDS |
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Replying to: dwynne (Jun 08, 2007 4:46 pm) thanks
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Replying to: medcat (Jun 09, 2007 10:19 pm) |
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I want to put heated seats in a Civic,or Corolla? |
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so is it possible to get a civic under invoice? i want a silver lx coupe thoughts? |
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I looking at buying a Civic in the Denver or Colorado Springs area. I tried getting quotes online, but 1 of the 3 places I tried never responded to my messages, 1 sent me a quote and then stopped replying when I asked questions, and the third is giving me a quotes of: Civic EX (no navi) $19,405 This includes fees, but not tax or title. Isn't MSRP $19,510? That seems like a horrible deal. Civic Hybrid (no navi) $22,695 no tax or title, isn't that over MSRP? I'm looking to purchase it sometime between the 24th and 28th of June, which I thought would be a good thing. I will only be in the United States for that long, and this car is for my wife. We won't be financing, I don't want all the dealer options, since I really don't like the looks of pin striping. I purchased a Honda in the Washington DC area in 1998 (my first new car), and hated the experience, I hope this won't be the same. Thanks for any help. |
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Replying to: emaliep (Jun 11, 2007 5:57 pm) I usually use www.carsdirect.com as a barometer of pricing. I can put in my zip code or any other zip code and get what dealers are offering customers for the car. In my area the Civic Hybrid base is showing $1,000 over full MSRP or $24,195 and $19,605 for the EX with auto. I put in a Colorado Springs zip and got $22,796 for the hybrid and $19,499 for the EX with auto. These prices would not include dealer "doc" fees which vary from dealer to dealer, but do include the car and destination. Say the average person drive 15,000 miles per year. If you averaged 35mpg in the EX (which may be possible) that is 429 gallons. If gas gets to $4 per gallon that is $1,716 per year. If you could average 50mpg in the hybrid (which is not likely in real world driving) you would need 300 gallons at $4 each or $1,200 worth of gas. So each 15k you save $516 - assuming you can really get 50mpg. The difference in the CS quotes for the two cars is $3,297 not counting tax. Saving $516 a year it would take you 6.4 years (96,000 miles) to save in $4 gas what you spent extra on the hybrid. Since gas is currently $3 a gallon (here) it would take about 128,000 miles to break even. If gas hit $5 per gallon then 76,800 miles. The battery and IMA stuff has an 8yr 80k warranty (more in a few states) than can be extended by HondaCare to 8yrs, 120k for < $1,000. But at some point the battery will need to be replaced and the cost would eat up any savings you have received. The resale value of hybrids is unknown and if you have a used hybrid with lots of miles and the original battery you will be hard-pressed to get a good price for it, since the battery replacement will likely be so high. Unless you drive a ton of miles, I would get the EX. Proven car, still gets good mileage, proven resale. The hybrid premium is still to much for me - for sure when my local dealers want MSRP + $1k. Dennis
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