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Honda Civic Prices Paid and Buying Experience

9207 messages,  Last post on Nov 30, 2009 at 2:38 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Civic CRX, Honda Civic, Honda Civic del Sol, Coupe, Hatchback, Sedan


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#672 of 9207
2003 Civic EX with side airbags - GREAT PRICE by looram
Sep 27, 2003 (6:56 pm)
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I just purchased a 2003 Civic EX with side airbags, over the phone with Hersons Honda in Rockville, Maryland. I bought this car for my daughter who is going to school in Baltimore. I live in Omaha,Nebraska. I told them I would only pay the TMV pricing that Edmunds shows($16,738). Now here is the good part......they came back with a lower price($16,709)!!!! I consider myself a very good car buyer,but this has never happened to me before. Now I have to admit I have never owned Honda before, and bought this one because thats what she wanted. But when I'm in the market to buy a new car for me, I deffinatly will check out the Pilot.
#673 of 9207
price for 2004 civic by btinc2
Oct 07, 2003 (1:05 pm)
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I am looking for a 2004 civic LX 4 dr auto
 
what prices have been paid for this car. I do not want any options
#674 of 9207
btinc2 by tigerinroc
Oct 07, 2003 (4:13 pm)
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I paid $15,621.00 (message #670) here in Rochester, NY.
 
Good luck.
#675 of 9207
Why by sbhonda
Oct 08, 2003 (12:00 am)
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can any one explain why it is so inportant to get a discount on a Honda has Honda not done enough already
#676 of 9207
discounts by dudka
Oct 08, 2003 (3:52 am)
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I don't think people are specifically looking for a dicount on just a Honda. If you workhard for your money, you don't want to just go out and blow it, be it a car, house, partying. It just happends that this is a car board and peolpe come here to get info on how to keep their hard earned cash with themselves. If you go www.homestore.com you will see tons of people looking to save on a house purchase.
 
This is the beauty of free economy -- Supply and Demand. If there is an excess of supply and not enough demand, prices will fall. If there is more demand than supply, prices go up.
 
As far as Honda doing enough, when is enough is enough in anything?
#677 of 9207
sbhonda by muffin_man
Oct 08, 2003 (9:29 am)
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Has Honda done enough for what? I love my Honda, but it's not like Honda is saving the world.
 
Do you always buy everything for full price? No coupons, discounts, nothing? When we buy a Honda at a discount, we're doing them a favor, taking a car off their hands that they couldn't sell. When I bought my 2002 Si for $15,980, the window sticker said $22,500!!! They were marking up $3000 and they couldn't get it. They weren't doing anything for me besides trying to take me for a sucker.
 
A free market economy is a beautiful thing.
#678 of 9207
ok by sbhonda
Oct 08, 2003 (9:31 pm)
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Honda has done every thing that they can to keep up their residual value by not mass selling their cars to rental companys and having large mark-ups just to rebate it later. this helps you in the long run with trade-in or resale value.
but don't worry we discount. you have to. but do you understand what Honda is trying to do for you.
but I give you one thing I would pay MSRP for a Honda but not any dealer markup. but heck you can get a better deal on a Honda than I can and I work for a dealer. I know a dealer that will triple net a car in the front make NOTHING $0 but if you don't buy all the stuff in the back they will blow you out (tell you the car was wrecked, eng. blew what ever it took to get rid of you. and then I get to try and make them happy. I think I have only sold 1 or 2 cars at MSRP one was a Pilot that we went 1200 miles to go get and trailer back and a 2003 Accord EX-V6 6spd. I guess it really don't matter to much a civic is a Mini deal even if it sells at MSRP after the dealer gets its money.
have fun and stick to your guns and you will get a better deal but it was a deal to begin with
#679 of 9207
sbhonda by bd21
Oct 09, 2003 (3:03 am)
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Your attitude is exactly why dealing with Honda can be a pain in the back side. Honda builds a good car, not necessarily the best car. Many of their salesman think they are doing you a favor by knocking a little money of MSRP. Honda has the shortest warranty of any foreign maker and in my experience Honda's service departments do whatever they can to get out of making many repairs. A common statement I've heard is "oh that's just normal operation". I've had to go up to three different dealers to get things fixed that should have been fixed at the first dealership. Honda's hot line is a joke, I would have got more action by calling dial a prayer. Me think's thee is too full of thou product! If you want people to pay you MSRP, you are in the wrong business. Honda nor any other car is worth MSRP. Maybe you should sell shoes instead, I'd pay full price for them.
#680 of 9207
MSRP by dudka
Oct 09, 2003 (6:57 am)
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SBHonda, let me ask you, did you pay full sticker for your Honda? You mentioned that you sell Hondas, I assume you are a salesperson at a dealership. Have you been shown all the intricate details on how a dealership makes money? You work for commision, which is based on how much more you get over invoice. So, it is in your own interest to get as much as possible. Even if the dealership sold cars for invoice in 1-5 days, they still make money. They are not in as bad a situation as you may think they are. If they were, there would not have been a dealerhsip on top of each other.
I agree that the ntion of value has to come to play. Yes, Civic Si at MSRP has some value, but not enough to make me buy it, but at or bellow $15,000 is becomes a great value. This is the same reason I would not buy Acura RSX, because it has no value at the price point it is, being a $20,000 Civic. There are other cars at that price point that have greater value. If your dealership does not make the maximum on every Civic, they make up for it in Pilots, CR-Vs Elements and S2000s. I remember when the 2003 Accord came out, no dealership would go bellow MSRP +market adjustment. Look at them now, Accords are going for invoice.
When a dealership is selling mass produced cars at invoice, they are not losing money, Honda is giving them what is called "dealer incentive". Honda is losing that money from their corporate bottom line. And if Honda America operates like Honda Japan, that means that the big cheese on top (CEO, VP, CFO, ect.) don't get their bonuses. One thing Japanese companies in Japan don't do, is to punish its employees for manegment's faults. If a Japanese company not doing well, the only people who suffer are the ones on top. Their salaries are reduced and their bonuses are eliminated, until they make company profitable again. They can not fire people, one thing Japanese corporate cluture does not allow, is job eliminations.
 
They way I see it, Honda can afford to give the incentives to dealers because they have signed this huge contract with GM to supply V6's for Saturns and re-designed Chevy Malibu's. Honda is primarily an engine company, they just build cars on the side.
 
Maybe the reason Honda does not sell to rental cars is because it is not capable of producing the amount of vehicles that Enterprize or Avis buys on an annual basis. Saturns are sold to rental car companies, they hold their re-sale much better than other GM or Ford brands. Re-sale vlaues are not directly related to fleet sales, and more related to reliability. Who would want to go out and buy a $10,000 used car to put in another $5000 in repairs. With Honda you have a higher chance of getting a trouble free used vehicle, I should you used to. My Civic Si is no better than VW or Ford in terms of reliability. It is ready to go back for the 6th time. Nothing major to envoke Lemon law, but little things do start to annoy me. How do you think this will affect my re-sale, I am not expecting to get much for it in 2-3 years. Do you think I can take Honda to small claims and have them compensate for lost value due to their in-ability to get Swindon plant up to standards? So, maybe Honda has to do all these incentive programs because they are not as attractive anymore as they used to be. This Si is my last Honda, after a line of 7 Honda's, this is it. People vote with their wallets, as more and more loyal Honda owners turn away from Honda, Honda will have to increase its incentives to attract new buyers.
I think my aunt's 85 Civic had an MSRP of $6000 in 1985. I think she paid $6200 for it, the car lasted 17 years, 250,000 miles. That is why she and countless others paid over MSRP to get Honda. Those days are over. Even Acura, Honda's luxury brand is not free from QC oversights.
#681 of 9207
Wrong discussion by pat HOST
Oct 09, 2003 (11:14 am)
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This conversation would be better placed on our Smart Shopper board.
 
We are talking specifically about Prices Paid and the actual purchase experience here.
 
Thanks.

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