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Honda Accord Prices Paid and Buying Experience

21934 messages,  Last post on Sep 06, 2008 at 9:27 AM

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


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#11488 of 21934
Just purchased Accord SE by vrborg
May 23, 2006 (6:33 am)
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I got my Accord SE 2006 yesterday in Chicago. Actually, I was looking for a Honda Fit, but I couldn't find one. I ended up with Accord SE 2006 in silver. It was unplanned and I hadn't studied a bit about Accord.
 
I paid out-of-the-door price of 20,650. In detail, the car price was 19,094, document fee 57.83, Champaign, IL tax 1,340, new car tax 15, license 143.
 
After reading the discussions here, I felt it was not a good deal! Honda also charged me 7.75% interest rate!
 
What do you guys think about my deal? Thanks.
#11489 of 21934
Re: Just purchased Accord SE [vrborg] by jay_gatsby
May 23, 2006 (7:04 am)
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Replying to: vrborg (May 23, 2006 6:33 am)

I don't think you did all that bad. Drive the Accord for a while, wait for the Fit to come down in price (as inventories increase), then sell/trade your Accord for a Fit. Then again, you might find that you like the Accord better.
#11490 of 21934
Re: Just purchased Accord SE [vrborg] by saleman99
May 23, 2006 (7:05 am)
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Replying to: vrborg (May 23, 2006 6:33 am)

Not a good deal. I got an internet quote of $18,100 for an LX model and $700 more for the SE. I plan on negotiating in person and won't pay more than $18,500 for an SE model.
#11491 of 21934
My experience with 2005 5MT by ar39
May 23, 2006 (7:12 am)
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I bought a 2005 LX 5MT last June & paid one of the lowest prices, $16,200 excluding destination & TTL. All put together, the final price was $18K. The initial quote I got was $21K + TTL! I got a better quote with the next dealer, took this quote to another dealer who beat the previous dealer's quote. The trend continued with 3 dealers before I got a $16,500 internet quote from Open Road Honda, NJ. I took this quote to VIP Honda who, beat the price by $300. There was no other dealer in the NY/NJ that beat VIP's quote. I finally sealed the deal.
 
BTW the car is running excellent with the latest MPG of 34.
#11492 of 21934
06 accord sedan ex v6 at $310/mo by danxp
May 23, 2006 (10:08 am)
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just thought i'd share a deal i got from a dealer in ny...
 
$310/mo (incl tax)
3yr/15k mi/yr
color: white
due at inception: $2072
- down $500
- bank fee $595
- mv fee $175
- doc fee $167
- 1st month $310
- sec dep $325
 
- .15 mi over 45k mi at end
- gap insurance included
- no disposition fee
- $1500 honda damage waiver
- purchase at end for $15596
 
could i have done better?
#11493 of 21934
Re: EX V6 AT sedan for well below invoice [exbelowinvoice] by jpgolf55
May 23, 2006 (10:13 am)
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Replying to: exbelowinvoice (May 18, 2006 9:18 pm)

Thanks for the info. I am in the Orlando, FL area so I can't call the DFW dealer. But I will certainly give your advise a try. Thanks
#11494 of 21934
Re: 06 accord sedan ex v6 at $310/mo [danxp] by qbrozen
May 23, 2006 (10:28 am)
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Replying to: danxp (May 23, 2006 10:08 am)

What's the MF and cap cost (before your $500 contribution)?
#11495 of 21934
Re: 06 accord sedan ex v6 at $310/mo [qbrozen] by danxp
May 23, 2006 (10:34 am)
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Replying to: qbrozen (May 23, 2006 10:28 am)

i imagine the mf is .00079 instead of .00089 since i'm paying a security deposit...
 
cap cost, i have to check the lease again...
 
the advertised deal says the cap cost is 25020... and due at signing is 2139 + ttl... which could take the due at signing figure to well over 2400 or so...
 
tax on the advertised deal would be 295 or so for 12k/yr... making it 15k/yr should add 25-30 per month... so i figured i saved $10/month while paying $500 less down...
 
try using the edmunds lease calc to back into a figure for cap cost...
#11496 of 21934
Re: 06 accord sedan ex v6 at $310/mo [danxp] by qbrozen
May 23, 2006 (10:46 am)
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Replying to: danxp (May 23, 2006 10:34 am)

Huh? You're asking if you could have done better, correct? I don't mean to be rude, but I'm not using Edmunds calculator for anything. So, as it stands, I'm not able to answer your question with the info provided.
 
I can tell you, however, that it would have been cheaper to take the .00089 MF and pay zero security deposit. Also the advertised cap cost is AFTER the buyer's contribution, meaning the actual purchase price is far above that. In reality, you should be paying under $25k BEFORE your down payment, bringing your net cap cost to somewhere around $24,300-$24,500.
#11497 of 21934
exbelowinvoice @ DFW dealers by tasay
May 23, 2006 (2:48 pm)
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Replying to: jay_gatsby (May 19, 2006 1:10 pm)

exbelowinvoice,
what was your title & licensing fee? You said doc was $50 right. I will be picking up LX SE MT for around 18200+ttl. They are throwing in free TINT.
 
Regards.

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