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Honda Accord Prices Paid and Buying Experience

22369 messages,  Last post on Nov 20, 2008 at 1:55 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#13277 of 22369
4-Door SE-V6 Lease by tictac3
Nov 21, 2006 (1:14 pm)
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Current program (per Edmunds) is $249/mo with $1,699 at inception. Have not dealt with Honda dealers before. I'm in Philadelphia, PA area. Will they negotiate the lease. I've leased a number of Chrysler Corp vehicles and, typically, dealers knock off at least $1,000 of the up front money. Can I expect this from Honda dealers?
#13278 of 22369
Re: 1st Honda [joevit] by masterp003
Nov 21, 2006 (8:03 pm)
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Replying to: joevit (Nov 20, 2006 12:33 pm)

Would you say the alloy wheel upgrade is worth the extra money on the SE vs. the LX? it seems more like a splurge ... just for me though :O
#13279 of 22369
Re: Doc / dealer fees by dwynne
Nov 22, 2006 (6:51 am)
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Replying to: butterflyjones (Nov 20, 2006 9:06 pm)

Documentation fees are just more profit for the dealer. In some states these are fixed or limited. In other states (like mine) the sky is the limited. We have them from $50 up to $500 and more. So you THINK you are negotiating a good deal then they stick the fee on top of the deal. So when getting a quote I always get the price for the car with destination and any dealer or doc fees included. My taxes, title, and tag fees are the same no matter where I buy the car - so I need to know the dealer's price for the other stuff. A lot of dealers will make cheap phone or internet quotes and leave out the doc fee and some will leave out the fee AND not include the destination charge in the deal! So they draw you in with a low price, then add both to the price and it is instantly a bad deal - but they got you on the lot and maybe in the F&I office.
 
Some states have other fees they charge - like the NJ tire fee or lemon law fees. If you buy a car from an out of state dealer you may not have to pay these.
 
Since you are in GA, check online with Hennessy in Woodstock, GA . They do have a hefty dealer fee, but the NET price from them is usually the lowest around.
 
Dennis
#13280 of 22369
Re: 4-Door SE-V6 Lease [tictac3] by dwynne
Nov 22, 2006 (6:55 am)
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Replying to: tictac3 (Nov 21, 2006 1:14 pm)

You do the lease deal like you were paying cash or financing - you negotiate the price of the new car first, then the trade (if you have one), then do the financing.
 
You should be able to get most Accord models for about invoice (including destination and dealer fees) from a good dealer. The pre-figured lease deals currently require a discount off of MSRP (i.e. "dealer participation"). Getting the car at invoice just means less out of pocket and/or lower payments.
 
The lease money factor and residual are fixed and are the same for all with good credit, so the lower you get them to deal on price the less you pay for the lease.
 
Dennis
#13281 of 22369
Re: 1st Honda [masterp003] by dwynne
Nov 22, 2006 (7:05 am)
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Replying to: masterp003 (Nov 21, 2006 8:03 pm)

The SE is the sweet spot in the Accord line up. For the I4 the extra money ($629 at invoice) buys you 4 alloy wheels, rear disc brakes, electronic brake-force distribution, wheel mounted audio and cruise controls w/illumination, and some trim bits.
 
The brake upgrades alone would be worth the extra - should you ever need them during a panic stop. The steering wheel mounted controls would sure be nice and price out 16" alloy wheels at retail. A LOT of stuff for $629 extra.
 
Note that the I4 LX now comes standard with the 6 disc in-dash changer, so that is not an extra in the SE package now.
 
Dennis
#13282 of 22369
Re: 1st Honda [dwynne] by masterp003
Nov 22, 2006 (8:31 am)
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Replying to: dwynne (Nov 22, 2006 7:05 am)

Thanks Dennis for the input.
I see that if i go with the SE, it's almost coming close to the price of a V6, or am i getting wrong numbers?
there's the urge to keep bumping up just a leeetle bit more, saying "just a couple hundred more can get me this and that.." i've gone from VP --> LX --> Se -_> lookin at the V6... hehe but then i look back and think "wow, there's a 4K difference between that V6 and the VP "
#13283 of 22369
Re: 1st Honda [masterp003] by dwynne
Nov 22, 2006 (8:46 am)
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Replying to: masterp003 (Nov 22, 2006 8:31 am)

You can check the invoice numbers here at edmunds and see. What most folks say - and I agree - is to drive the I4 Accord and see how you like it. Unless you think it feels underpowered then there is little need to spend the extra money for the V-6 model. Costs more now, costs a little more at the pump too. The V-6 models do offer stability control which is a good thing - but is almost never needed in a FWD car as it can be nearly impossible to make them spin around.
 
Yes, the stair-step approach to what to buy can get you into trouble with cars and about anything else . You can buy an MP3 player for $100, but for a little more get a 2gb ipod nano, for a little more than that you can get the 4gb nano, but now you are close to the price of the 30gb video ipod, so might as well get that, but the 80gb video is just a little more and offers tons more storage so you get that. So went (logically?) from a $100 MP3 player to a $349 ipod in quick fashion
 
Dennis
#13284 of 22369
Re: 1st Honda [dwynne] by joevit
Nov 22, 2006 (9:51 am)
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Replying to: dwynne (Nov 22, 2006 7:05 am)

Dwynne, on edmonds it shows an Honda Accord SE,automatic with an invoice of $20,088. I received a quote from a car dealer..the amount out the door is $21,000. Is this considered a reasonable deal or should i go lower? Edmonds shows the (tmv)what others are paying as $21,692.
 
Joe
#13285 of 22369
Re: 1st Honda [joevit] by dwynne
Nov 22, 2006 (10:28 am)
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Replying to: joevit (Nov 22, 2006 9:51 am)

Break down the price - I have no idea what your taxes and fees are. Here, we have 7% state tax and $80 tags. Other places have lower taxes or higher tags - so OTD means nothing to me.
 
If you look at the price of the car including destination and dealer fees (not including tags, title, and taxes) and you are at or below invoice then you have a good deal. A couple of months back one dealer was doing the I4 SE AT sedan for $19,710 for the car with destination and dealer fees and another was/is doing it for invoice with fees included.
 
Your profile does not show where you are located, but these dealers are in GA and KY if that is handy for you. But I would be shocked if you could not do around invoice for this car a lots of places with a little work.
 
So break down your price and see how much is TTL and what you are paying for the car w/dest and dealer fees and then buy it from them if that works out to a nice price.
 
Dennis
#13286 of 22369
07 EXL/MT 2.4 by mi2kshop
Nov 22, 2006 (11:09 am)
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I just got my first quote of $22,050 (includes destination and all fees). This represents about $400 below invoice. I am beginning to contact other dealerships in the DC area now. Any suggestions on which dealers are easy to work with?

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