Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
7375 messages, Last post on Aug 20, 2008 at 7:50 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: thephilosopher (Aug 15, 2007 1:32 pm)
|
|
Here is the deal I got on my new civic (EX Sesdan AT - Galaxy Gray). Overall pretty happy. Hope this helps someone trying to determine a price to beat.  Base + Destination: 18,350 Licence and Title: 80 Document Fee 58 Some random other fee 25 Tax 6.5% 1,198 --------------------------- Total OTD 19,711
|
|
|
Replying to: thephilosopher (Aug 15, 2007 1:32 pm) Your OTD price seems a bit high, even though your tax rate is one of the highest I've ever seen. Stop requesting quotes and wait until the last week of the month when the dealers will be more motivated to deal. As for dealer holdback ... I was told that the dealer only gets their holdback if they meet they meet their sales quotas for the sales period (month/quarter).
|
|
|
Replying to: jbrook10 (Aug 15, 2007 6:45 pm) |
|
|
|
| I'm new to the boards but plan to hopefully buy a 07 Civic LX Sedan Automatic within a week and have sent for 3 internet quotes OTD and so far have gotten one back at 18,652.14 (I live in PA). I've seen $18000 OTD seems to be an average on these boards and was wondering how I could get them lower through email. Any suggestions from those that have done this before would be great and is $18000 OTD good if I can get it or do you think it could get lower? Also this is my first time buying a car so I'm trying to get the best deal possible before I step foot on a lot and I also plan to have financing taken care of before I go. | |
|
|
|
Replying to: dud (Aug 15, 2007 7:09 pm)
|
|
|
|
|
Replying to: cricfan777 (Aug 15, 2007 5:56 pm) This is VERY helpful. If I strike out in Memphis, I'll drive a few hours to Pine Bluff. Thanks. |
|
|
Replying to: carless_in_sva (Aug 15, 2007 12:15 pm) The price you quote is pretty good in Bay Area. I bought the EX AT 4drs for OTD $19,600 most recently. Good luck to you.
|
|
|
Replying to: thephilosopher (Aug 16, 2007 5:46 am) It is not that complicated and if you are going to live and buy/lease cars in TN you should understand how it works. State tax is 7% and each local county ads tax to that (up to 2.75%) but only for the first $1,600 of a single item. Then the state collects 2.75% on the amount from $1,600 up to $3,200. In Shelby county (Memphis) the local rate is 2.25%. So on a car (or any single item) $3,200 or more the math is: Selling price (less trade in, if any) x 7% = state tax $1,600 x local rate (2.25% in this case) = $36 county tax $1,600 x 2.75% = $44 additional state tax So the easy way to figure it is to do the math for your county and remember the total - in this case the local option tax and extra state tax total $80. So to figure the sales tax on a car >= $3,200 (after trade in allowance) you take 7% of the total price + $80. On a lease, state sales tax (only) is paid on top of the monthly payment. So if your payment worked out to $300 per month, then you would pay $321 per month. You also would pay the local option and additional state taxes UP FRONT - in your case this would be the same $80 as on a sale. If you pay any money down that goes to reducing the cap cost of the lease, that is also taxable at 7%. Rate charts and more info here on the TN state web page Dennis
|
|
|
|
hi there. i live in syracuse, ny and am looking to buy my first car. i have an offer for 18,200 (incl destination) for a 4 door ex, black. its below invoice but since its clearance time i figured they are trying to get these cars of the lot. could someone help in telling me if this is a good or great deal? id really appreciate it. thank you.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
1991 Honda Civic CRX
2008 Honda Civic
1997 Honda Civic del Sol
Browse by Board
Browse by Topic
