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Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
22369 messages, Last post on Nov 20, 2008 at 1:55 PM
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Replying to: jay_gatsby (May 31, 2006 4:57 am) Sale Price $22,517.86 3% NC Tax $675.54 Tags $69.00 Doc Fee $299.00 Total Price $23,561.40 I have five Accord EX-L's on my lot. I only have 2 Alabaster Silvers though. One has the black leather interior and the other has the gray leather interior. Dealer in Asheboro, NC has a Dark Gray Accord EX-L at $21995 plus any accessories, tax, tag and fee. Just avoid Crown in Greensbor at all cost
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Replying to: docla (May 31, 2006 4:48 am) Sale Price $22,517.86 3% NC Tax $675.54 Tags $69.00 Doc Fee $299.00 Total Price $23,561.40 I have five Accord EX-L's on my lot. I only have 2 Alabaster Silvers though. One has the black leather interior and the other has the gray leather interior. Dealer in Asheboro, NC has a Dark Gray Accord EX-L at $21995 plus any accessories, tax, tag and fee. Just avoid Crown in Greensboro at all cost |
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Replying to: sook (May 28, 2006 9:13 am) Good luck on buying your new car. |
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On Monday I purchased an Accord EX with no add ons cloth interior 4 cyl. I received two internet quotes prior to my dealership visits. Honda of Lisle - $20,540 with $550 destination fee Oak Lawn Honda - $20,278 without $550 destination fee Then I visited Honda of Joliet who quoted me in person $20,888 w/$550 included, then let me walk out when I told them they were way too much. Then I decided to go to Honda of Lisle in person. I walked in and they quoted me $22,345 w/$550 included. I laughed and told them if they beat Oak Lawns price of $20,278 and include the $550 destination fee I would purchase the car. The salesman came back with $20,200 w/$550 included so here is the final calculations: Car - $19,650.00 Dest. - $550.00 Doc - $57.30 Sub-total -$20,257.30 Tax 6.75% $1,367.37 New Plates - $143.00 TOTAL - $21,767.67 Thanks to everyone for their help. |
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Took delivery yesterday on a 4-cylinder EX-L with Nav system; actual price was right about $23,700, including everything but the state TTL fees, from the Honda dealer in Cambridge, Mass. We probably could have knocked a couple hundred more off by leaving and going to other dealers, but we wanted to get it done. Here's a *BIG* thank you to everyone who has contributed information to this forum....the data and comments allowed us to go in prepared, knowing what we would pay and ready to counter all the usual salesperson befuddlements. And - is it my imagination, or is the Accord an amazing bargain these days? It's a very nice car to begin with, and at $4000 off sticker it seems like a nice deal, too.
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Replying to: wheelbearing (Jun 01, 2006 9:52 am) Honda may not be a luxury brand like BMW, Lexus, Mercedes, Infiniti, etc... but I'll take money in my pocket over the "prestige of ownership" any day of the week. In fact, I did some calculations a few months back, and figured out that after taking into account the price differential (and a reasonable appreciation of the money saved) between a new Honda Accord and a BMW 3 Series, the true depreciation of those cars after five years was 49% for the BMW but only 27% for the Honda Accord.
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Replying to: jay_gatsby (Jun 01, 2006 10:10 am)
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Replying to: wheelbearing (Jun 01, 2006 10:38 am) As for my calculations, my numbers might be off based on Edmunds numbers. Edmunds figures that the depreciation on the BMW (priced originally at around $37k) is somewhere around $19k after five years (with typical options), leaving a residual value of $18k. Edmunds figures that the depreciation on the Honda Accord (priced originally around $24k) is somewhere around $12k, leaving a residual value of $12k. Based on the foregoing numbers, the BMW depreciates 51% after five years, whereas the Honda Accord depreciates 50% after five years. Pretty even, right? Wrong. If you take the original price differential of $13k, and invest that for 5 years at 9% a year (the average gain of the stock market over the last 75 years), you will have $20k at the end of the 5-year period. Add that $20k to the $12k your EX-L would be worth after five years, and you have a residual "value" of $32k for the Honda Accord, versus $18k for the BMW. The Honda Accord is "worth" approximately 33% MORE than you paid for it (or 133%), while the BMW is worth 50%. The foregoing calculations don't take into account things like repair costs, which are $631 for the Honda and $2,225 for the BMW over five years -- a 350% difference in repair costs. |
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Replying to: docla (May 31, 2006 4:48 am) |
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Replying to: speedra (May 30, 2006 8:08 pm) Price: 18866.02 Tax: 565.98 License and Title: 69.00 Processing Fee: 249.00 TOTAL: 19750.00 How'd I do?" I'm in high point too, come pick me up!!! |
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