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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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I'm preparing to purchase my first new car (ever). Here is a quote I got from a dealer in Maryland, where I'm getting ready to move. Except for the invoice which is about $100 more than Edmunds.com's, it seems like a pretty good deal, right? MSRP: The Manufacturers Suggested Retail Price or MSRP represents the selling price recommended by the manufacturer for the vehicle you are considering. MSRP on your vehicle is $17695 Invoice: The price the dealer pays to buy a car from the manufacturer, exclusive of hold back or other discounts. Very seldom is this the bottom line of the cost for the vehicle to dealers. Invoice on the vehicle you are considering is $16350.71 (Includes $635 destination) Dealer Holdback: An allowance paid by the manufacturer to the dealer to allow the dealer to purchase a vehicle for less than the invoice price. Dealer holdback on the vehicle you are considering is $339.20 Dealer Cash: An incentive to a dealership from the manufacturer to assist in selling a particular model. The dealer cash that is available on the vehicle you are considering is $0 Ourisman Honda of Laurel Internet Discount: A special incentive from our dealership to you! Your Internet Discount is time sensitive: Purchasing today an additional discount of $500 Purchasing within 72 hours an additional discount of $300 Purchasing before the end of the month an additional discount of $200 Your quote is based on the following formula: Invoice-Dealer Holdback-Dealer Cash-Ourisman Honda of Laurel Internet Discount. $16350.71-$339.20-$0-$500=$15511.51 An on the road price based upon the above number would be $16788.38 The on the road price includes your taxes, tags, destination charge and any and all fees associated with the purchase of a vehicle. |
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I need help. It's been a while since I have purchased a new car. We went to Herb Chambers in westboro and the price is $19800 (which only includes dest charge). and $3000 trade for my 2000 VW Jetta. I am thinking I should shop around. What should I be asking for for a price? I am clueless at all this.
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Replying to: ar87377 (Feb 28, 2008 6:35 pm) $19,600 seems like a good deal, being about $300 under invoice. What dealership is this from? Bring it over to Continental Honda (Mike Bromer, great manager) and they should be able to beat it a bit. |
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Replying to: hondahunt (Mar 06, 2008 9:28 am) |
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| We purchased our new Civic and for the price we got snowed with, we could have had an Accord. Their excuse was "since your credit is bad, this is what you have to pay in order to be approved". Which doesn't make sense- why would they want us to take a loan out on even more money?? I am so incredibly ashamed and disappointed that I purchased this car. We worked with George- and I am shocked that he is able to sleep at night. Well, he probably sleeps well in the bed of money that he has from ripping people off. We were stuck and in a bind, and they saw us coming a mile away. NEVER go to Bernardi and if they give you George, walk out. We had visited Herb Chambers first, and they were shady off the bat. At least we knew we were getting shady there. Bernardi is SLIMY. Ric from Bernardi appeared to be genuine and caring, and then they hand you off to 3 other peeps and then you go to George's office. where WHAM they add on all these fees and services that you don't need and end up paying more than sticker price. And the kicker is that George said "I like you so much, I am including all of this for free". So I have learned that you don't trust anyone who sells cars and learn to walk away. They even pressured me to sign over the title BEFORE I saw the loan amount. Yes, I am that dumb. It was late and I clearly wasn't thinking. So yes, I allowed all this to happen. But I wanted to warn other people to avoid this dealership, and George like the plague. He had us so confused when we left there, and we signed things we shouldn't have. | |
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I received four quotes from Internet Sales Managers for a 2008 Civic LX Coupe Automatic. Three of the four quotes are identical - invoice + destination fee = $16,800. Given that this is the first offer, I think I can do better. My question is, how much better? How far below invoice can I realistically expect them to go? (Dealer holdback, based on my research here, seems to be ~$550.) Thanks.
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Replying to: chitownhonda (Mar 10, 2008 7:23 pm)
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hi I am new to buying a car so this is going to be my first car. I have been reading through this forum I would like somebody to tell me if the price I received for this car is a good price or not. I live in Chicago suburbs and I requested quote from 8 dealership around this area. the lowest price I got was 19,447 OTD which even includes my residence tax which is 7%. Can anybody let me know if I should go forward with this deal. I have already talked to their manager and he confirmed price as well. thank you |
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| Does anyone know if there are going to be any March incentives like last month's President's Day sale? A rebate or special financing would be great. | |
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Replying to: hibtone (Mar 12, 2008 7:01 pm)
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