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Prices Paid: Buying & Leasing Experiences Honda Civic Prices Paid and Buying Experience
9204 messages, Last post on Nov 28, 2009 at 10:11 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (Jan 06, 2009 1:02 pm) |
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Replying to: janice47 (Jan 06, 2009 11:28 am) Some of the sales people show a monumental misunderstanding on who is setting the market price. The closing of car factories tells the tale. Honda and the dealers had better offer rebates. Patience is a virtue for the buyer. |
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Replying to: IntelliShopper (Jan 06, 2009 1:37 pm) "Honda Division's 2008 annual sales of 1,284,261 decreased 6.7 percent compared to 2007. Honda Division's December monthly sales of 75,405 represent a decrease of 34.0 percent compared to 2007. Annual total car sales of 794,421 for the Honda Division increased 1.0 percent and set a record for the fourth consecutive year. The division's truck sales decreased by 16.9 percent to 489,840." emphasis added source: http://www.hondanews.com/categories/1097/releases/4898 So my guess is with annual sales down less then 10% there is no reason for Honda to rush out and change the way they have been conducting retail business. They have already addressed the stacking inventory by reducing production across the board - some models as much as 40% from last year. Really what Honda is going to do is scale back production this year and reduce the number of vehicles on dealers lots. It may take 60 - 90 days but this spring I would expect dealers again to almost run out of some of the more popular models Honda offers. Once this happens, it will then become a sellers market 
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Replying to: mplshondadlr (Jan 06, 2009 3:48 pm) 
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Replying to: mplshondadlr (Jan 06, 2009 3:48 pm) I'm pulling for Honda and Toyota. They make good cars. I am also saying, however, that reducing or eliminating the rebates at this time is a bad move. We'll buy when the price lowers and that's how you'll reduce your overstock. Lots are packed with '08s and '09s, and there's less than a half a year left until the '10s arrive. Since the banks are keeping tight with the financing loans (not a problem for me with my cash in hand), lower prices are the solution to reducing supply. Bear out this economy and then a sellers' market will return. Layoffs at the plants are becoming public now. |
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Replying to: kyfdx (Jan 06, 2009 1:02 pm) |
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| Thanks to all who corrected me on the alloy wheel issue. Corrosion is the issue and is not limited to the Honda alloy wheels but to others as well. They do indeed look great but I did not want to take the chance this time around. This forum has been great for all those looking to buy. Great idea by billyriz post to ask for some add ons. My dealer did not hesitate for the splash guards and all season mats. | |
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The leasing offers are up on Honda's website, still waiting for the financing ones, I'm impatiently waiting for those since even though I have already given a 500 dlls deposit in Dec and kinda locked in w/the local honda, my car will arrive until Feb and therefore I'll be able to take advantage of the new 2009 offers.
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Replying to: jimb519 (Jan 06, 2009 3:52 am) |
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Replying to: WHLover (Jan 05, 2009 10:47 pm)
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