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Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
9210 messages, Last post on Dec 08, 2009 at 3:25 PM
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Replying to: vgur (Jan 29, 2008 8:36 pm)
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Replying to: magbarn (Jan 29, 2008 10:00 pm) I just changed my mind after driving it today, but I am not against the Civic I am against the way they price it About inflation. Just ask hardworking people, if their salary can catchup with the inflation and compare it to the profits of the Toyota and Honda And do not forger about the segment Altima vs Civic |
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Replying to: vgur (Jan 28, 2008 1:00 pm)
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Replying to: cp2007 (Jan 30, 2008 7:43 pm) But after test drive I was very disappointed with Civic In my opinion Civic must be cheaper than Mazda3 |
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Honda advertises leases for a 2008 4 d lx for $199.00 with 2 k down 36 month lease. You can put down 9.5 K cash or trade like I did and drive a 2008 EX 4 dr and pay a little just over $200.00 a month for 60 months, if you think you are going to keep the car long term. I like the ex value , you get alumionum wheels 4 wheel discs and a moon / sun roof for about $1500.00 more than the LX. If you are going to trade the car after 36 months lease the LX, I am going to keep mine 5 years or more. What is the best deal, should always be based on how much is the car listed for on the contract including desination charge. I paid $18,990 for a 2008 honda 4 dr civi EX sedan A/T, this included destination.Taxes and license will vary on where you live. My two cents are if you are going to trade it in 3 yrs lease it otherwise buy it, and keep it. I usualy keep mine 7+ years. |
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I want to buy a new LX Coupe in Maryland. I'm considering either MT and adding 17" wheels or AT with remote starter. Anyone made this purchase recently and can help me with best OTD price in my area?
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Replying to: yael (Feb 02, 2008 6:24 pm) |
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| I have an offer for 19.7K for 08 Civic EX. I am in NJ. Anyone have an idea if it is a good price? | |
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A year ago when I bought my 2007 Civic LX Coupe AT this same discussion went on of OTD price. Now I will avoid the whole VW to Mazda to Honda thing, that's a "value" choice and does NOT belong here. I wanted a Mazda 3 with the 5 door hatch originally but after a test drive found the cockpit cramped and since "I" drive to SPI (22 hours) once or twice a year I liked the Honda better---that DON'T belong here. In my opinion OTD price don't either as the taxes and fees vary by location. It's my understanding that everyone pays the same Destination Charge it's noted to be $635 for the 2008 model. Yes, there are "dealer" deals, hold backs, incentive but for us mere mortals there are only a few numbers that REALLY matter. The big one is INVOICE price get it at Edmunds or Blue Book if you are not bright enough to do that don't read anymore and don't give anyone advise. To make this real simple I'm going to use one model and one level of a Honda Civic but you can play along with any car you choose-no trade in value just the car (new dealer's lot) which is; 2008 Honda Civic LX Coupe A/T -- INVOICE Price $16,166 (2/3/08) -- Destination Fee $635 (2/3/08) ___________ $16,801 You will note that this price is the SAME either in Edmunds or Kelly's Blue Book! Again, not a "Demo" or last years or very low miles. Next there are "Documentation Fees" the Dealer might insist on these and they could be $10 they could be $1,000 but this is just an add on fee to the dealer for PROFIT! That is not a bad word, one way or the other a Dealer has got to make a profit, he will. The question is what is a fair profit for the dealer and a fair price for the buyer then enter the dragon, supply and demand. Right now a SMART probably get full MSRP or more! The Civic is popular but there are lots of them and lots of dealers too and right now is a very good time to buy, after Christmas the middle of winter who goes out? Who has money? So YOU decide what is a fair mark-up, lets just say 3% for the dealer on the Invoice price of $16,166 comes to $485 (about) So the car WITH Destination Charge is $16, 801 Throw in 3% profit (on $16,166) $485 $17,286 this is the basic price of this car plus 3% for a Dealers Profit. It's possible (very possible) that he will come to this number of $485 and also want to add on those DOCUMENTATION fees! That's where the wheelin' dealin' comes in. My point is only that on this day 2/3/2008 a round number price for a Honda Civic LX with A/T with 3% or about $500 from the buyer on this sale for this car is about; $17,300 As a buyer today one can walk in or go online and say to the salesperson "do you want to make $500 today and give or take a few bucks that's about what this deal amounts to. Seems like everyone here uses this forum to show THEY got the best deal and are less concerned to help others. In the interest that other's should learn from my mistake I made my whole deal online, we agreed to $17,200 paper work was to be complete and I would come in and sign. I showed up the paperwork total was $17,350 gee guess what printed right there on the contract $150 "Documentation Fee" I should have walked out, however, buying a car is work (something the dealer knows, it's his job) I pointed out this was "extra" from what we had agreed on, told him he has to toss in a trunk liner or something and we both said "deal" (should have asked for a rubber floor mat too). Was it the best deal in the world, no but it was fair I like the car. It just ain't worth it to worry that much. OTD price is not worthless, however, it can obscure the facts. Forget the TTL -Texas ain't Missouri for that matter Boston ain't Hooterville those things vary and your deal in a no tax state could be worse than someones deal where the taxes are 5% even if the OTD price is better. This is just for bottom line car price not braggin' rights. Besides, if "he" got this car for $17,212 and you paid $17,443 it's not that big a deal over the 3 to 5 years you will have the car. This forum is more to help you not pay the $18,195 MSRP  I suggest you do some research look up the price in both Kelly's and Edmunds and "CLOSE" your deal on-line it helps level the playing field. Trust me, the people who sell cars might have been born at night but they were not born last night. Confessions of a Car Salesman can be found in Edmunds under Tips and Advise
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I just recently bought a LX and here is the break down... Dayton, Ohio Price paid: 16699 TTL + 16699 = 18,150 For my experience I talked to several dealers on the phone to get the lowest price possible and agreed and made it clear that there would be no malarky when I got there or I was walking out. They were hurting for buyers so they didn't jerk me around. This was my first car purchase and I think it went well. Gotta love the Galaxy Gray! The market is perfect for buying a car, just drive by a dealership, they look like ghost towns. The only problem I had was the trade in, which I brought up after the price was set, they wanted to give me 100 bucks for it! I laughed in his face and told them I'd rather give it as a tax credit donation. I mean come on it ran and onl had 70,00 miles on it even though it was a 94. But all said this forum was very helpful and I am still driving on that dealer paid for tank. |
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