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Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
9203 messages, Last post on Nov 26, 2009 at 4:39 PM
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Replying to: tupuc (Dec 21, 2008 7:51 pm) I also heard that Honda is planning on going down to 0%. In addition they may reduce prices: like verybody else incuding Toyota and Nissan. I know that they (HONDA) are drastically reducing production, and next step would be to cut prices. Historically January/February is Veryyyyyyyyyy Slowwwwwwwwww in car business and Honda will loose market share big time if they dont put more incenitives. Read http://www.gulfnews.com/Business/Automobiles/10266951.html GulNews are saying: " Honda, Japan's second-largest carmaker, last month posted a 32 per cent decline, its steepest since 1981. Across the industry sales this year are down 16 per cent, led by declines of 28 per cent for Chrysler LLC, 22 per cent for General Motors Corp. and 19 per cent for Ford Motor Co." I think you can easily draw from this and other data that Honda is LOOOsing market share Fast - propirtionally to other car makers. The only problem is that Honda is very secretive usually and will wait until January 5 in 2009 to maket is known. THey even keep this info from Honda dealers. Their delaers dont have clue what will happen with prices. Here is good info if you can read Japanese: http://mainichi.jp/select/biz/archive/news/2008/12/18/20081218ddm002020143000c.h- tml or shorter version in English: http://mdn.mainichi.jp/mdnnews/news/20081218p2a00m0na023000c.html Happppy Civic shooooopppping in 2009!
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| Thanks guys. any other thoughts about that 16,888 price? I'm going back to the dealership tonight and want to see if i should pull the trigger. | |
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Replying to: ilumo (Dec 21, 2008 4:37 pm) 1. It's a coupe 2. It has a manual transmission. 3. It's a NAVI Not a very popular car at all. BUT, if this is what you like, I would jump all over it 
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Replying to: civic09 (Dec 22, 2008 5:28 am) Honda NEVER tells us what they are about to do until the day it happens. We have heard NOTHING about lowering interest rates. " the dealers don't have a clue what will happen with prices" That's true so why start a rumor? I would be shocked if they lowered prices and even if they did, how could they lower them enough to affect sales? Lowering prices and interest rates only serves to cheapen a great product. These times will pass and things will get back to normal. I just hope this happen quickly.
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Replying to: isellhondas (Dec 22, 2008 7:47 am) |
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Replying to: isellhondas (Dec 22, 2008 7:47 am) thanks for the reply. |
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Whether Honda lowers its APR and/or price or not, January 5 is just 2 weeks away. It'll be more convenient for him to wait another 2 weeks to see what new deal they come up with. It wouldn't hurt, besides, at least I really don't think that they will do away with their 1.99 and 3.99 APR offer. Worse comes to worst, he will have exactly the same offer as of right now and the 2008 he found, as mentioned by other posters, is a really hard vehicle to get rid off (2008, manual and NAVI) will have to get a price cut for being one year old in 2009.  hang it there,you have nothing to lose. P.S. the 2008 i found was a sedan not a coupe |
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Replying to: isellhondas (Dec 22, 2008 7:53 am) Honda does not operate in a vacuum; it is global economy out there. Honda (like any other) car maker (or any other product maker) is competing against others. There are a lot of excellent products on dealer’s lots (Japanese, German, American etc.) Civic is just a car and nothing more. It is not a space shuttle or nuclear weapon that you don’t have many customers for it/them. Market place determines the price, even in recessions. By the way “Lowering prices and interest rates ….” does not cheapen the product – it is one of the ways to promote merchandise that is not moving and nobody wants at the moment (even if it is great car like civic). As far as “These times will pass and things will get back to normal” will have to wait and see. I am afraid we are in a long one ~at least another 10-15 month. Car business is changing a lot. You have to be blind not notice changing trends. Many consumers in a last 20-30 month took much longer loans for cars (48-60 month) and can not afford to get new cars anymore every 3 years. In addition are you trying to tell me that it takes 19k to manufacture and sell a car like Civic EX for Honda? Happy Hoping!
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Replying to: civic09 (Dec 22, 2008 10:17 am) I simply stated that we have no knowledge over what Honda may or may not do in the future. People have a tendency to believe rumors especially when they like the content of the rumor. |
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Replying to: tupuc (Dec 21, 2008 7:51 pm) He is giving me out the door price of $18500. I just started looking for it and dont have any idea about the price. Any idead about the best otd price? or how much i can negociate with them. Do they provide any free pckg or servicing with the vehicle? |
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