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Honda Accord Prices Paid and Buying Experience

21861 messages,  Last post on Aug 29, 2008 at 11:26 PM

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What is this discussion about? Honda Accord, Coupe, Sedan


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#11425 of 21861
EX-L 4cyl by marys236
May 19, 2006 (7:15 am)
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Is anyone getting great deals in Oklahoma on EX-L 4cyl? I see alot of prices around 21,400 to 21,600 quoted on this board, just wondering if I can expect to get the same kind of deal here. Mark Roberts Honda in Bartlesville, OK, is quoting $23,400 on their website, and I've heard their website prices are usually better than you can get from the dealers here in OKC. Kind of discouraging.
#11426 of 21861
So far by cubby3
May 19, 2006 (7:27 am)
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I can't get below the magic $22K for an EXL/4 cyl/auto best so far is $22.3 incl dest and doc.I would think with the '07s coming out before long that they would deal a little more aggresively.
#11428 of 21861
Re: Best price Accord EXL ? [cubby3] by jay_gatsby
May 19, 2006 (7:42 am)
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Replying to: cubby3 (May 18, 2006 4:52 pm)

I didn't buy at the $21,609 price (actually it was $21,605.92 to be exact), which excludes tax, tags, $550 freight and $100 processing fee. It was the first quote I received from 5 different dealers in my area, so I'm waiting on the others to respond before playing one against the other. As for the $750 "marketing support" (it is not a "dealer incentive" or "holdback"), I don't know whether the Internet Manager who sent me the quote already subtracted that or not. I would assume he didn't, since that's free money in the dealer's pocket. If he didn't, then doing so would bring the quote down to $20,855.92. Likewise, I don't plan on paying the "processing fee", as these boards have indicated that many of the dealers in the D.C. area are waiving it.
 
Cubby3 -- in your case, I think $1,000 profit is WAY TOO MUCH to give to the dealer. The dealer allegedly paid $21,500, which is only $9 less than the Internet quote I was given with no haggling. Assuming the dealer isn't lying to you, that would mean the dealer from whom I received an Internet quote is only making $9 profit. I highly doubt that dealers around the country are paying significantly different wholesale prices to Honda. More likely than not, the dealer with whom you've been negotiating paid somewhere between $20,000 and $21,000 for the car, giving him an actual profit of $1,500 to $2,500 if you paid him $22,500 for the car.
 
My personal view on profit for a commodity car like the Accord, which sells itself through reliability and resale value, is no more than $500. An Internet sale takes very little dealer time, and is a relatively easy sale to make. It doesn't require a salesman to demonstrate the vehicle and cajole a customer to buy it. Thus, the dealership doesn't need to pay a commission to a salesman. Internet customers know what they want, and rarely set foot in a dealership until they're ready to buy.
#11429 of 21861
Re: Prices/EXL [jenni5] by jay_gatsby
May 19, 2006 (7:52 am)
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Jenni5 -- That sounds like an outstanding price. Your OTD price further supports my belief that the dealers are paying between $20,000 and $21,000 for EX-L's, probably more on the low end than the high end.
#11430 of 21861
Re: Prices/EXL [jenni5] by cubby3
May 19, 2006 (7:58 am)
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I'm assuming that when you say OTD,your $21918.60 price includes dest and doc ? TTL license varies so what I'm trying to get is what folks have paid for the vehicle plus dest and doc(if any).Thanks, BTW,dealer #3 is coming in at $22,645 hopefully I can get them down some more when I mention holdback.Thanks
#11432 of 21861
Re: Internet pricing [cohenfive] by sienna6
May 19, 2006 (8:45 am)
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Replying to: cohenfive (May 17, 2006 11:33 am)

Hi Cohenfive,
I am wondering which dealer would that be, it looks like a good deal to me if the price is out of door price.
Thanks
#11433 of 21861
Internet pricing 06 EXL, 4cyl, AT, Nav by jimex
May 19, 2006 (10:11 am)
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Hello,
 
I just got a quote from Boch Honda - Norwood, Mass:
 
The price for the Accord Sedan EXL AT NAV is $23,585 including destination. This price is good for the month of May.
 
Hope this helps,
Jim
#11434 of 21861
Re: Internet pricing 06 EXL, 4cyl, AT, Nav [jimex] by jay_gatsby
May 19, 2006 (10:20 am)
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Replying to: jimex (May 19, 2006 10:11 am)

Nice price. That puts the NAV at being worth $2,000 at retail based on some of the EX-L prices w/out NAV we've seen posted here recently.

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