Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
24576 messages, Last post on Dec 08, 2009 at 1:59 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: blane (May 01, 2007 5:46 am) Not that this is a discussion for this particular forum, but the trend is toward real GPS in cell phones, although the GPS and cellular repeater triangulation is more robust and reliable than the "dead reckoning" in most vehicles. I agree with you about a tiny cellular phone screen being totally worthless for nav while you are driving, or just about any other time.
|
|
|
Replying to: nighthawk326 (May 01, 2007 3:28 am) Nighthawk: You did just fine. Remember that he paid over $3000 in options which helped the dealer make a lot of the profit back. Your car without the "extra stuff" was an excellent deal for $1700 below invoice. (However, if you had a trade or paid a high doc fee, it may not be so excellent.) |
|
|
Replying to: jaxs1 (Apr 29, 2007 6:17 pm) This does nothing to the dealer proceeds as the selling price was unchanged. Save me an additional 25 a mo that Honda Finance would have gotten. Sorry I think I need it more than they do.  With respect to the adds on options, I have received conflicting information. Residualized options are supposed to be "hard" options. Of course one would need to know exactly what a given lender considers a hard option. I would assume that Genuine Honda options would be considered, but couldn't say for sure. They did put the whammy on me and decided not to let me get a second one for 20,750 last night and gave me the reason that the original sales manger who wrote up the deal on Saturday should not have residualized the options. I would probably have just taken word on that if it were not for the fact that this dealer slaps a handfull of options to every car they get and has done so for many years. hard to imagine that the sales manager would not know that they could not be if in fact they cannot. I think they just thought they sold me the first car too cheap. |
|
A reporter would like to talk with a consumer who owns a four-cylinder Honda Civic, Honda Accord, Toyota Corolla, Toyota Camry, Nissan Altima or Nissan Sentra but had also shopped for a Prius or another hybrid before deciding on their current purchase. Please respond to ctalati edmunds.com no later than May 3, 2007 with your daytime contact information and what car you own.
|
|
|
Replying to: chachachen (Apr 30, 2007 9:36 pm) If your credit is not strong enough to get a good rate, you are at the mercy of the dealership's F&I guy. They really can get folks financed that can't get financed at their own bank - but usually at a price. If you are in this case, you should keep driving what you have now, get something cheap and used, and get your credit back in order. If the banks will not give you a loan at a good rate, they may be right - and taking a higher rate loan from a dealer will just lead to worse credit. If you have good enough credit, the C1 online rates will likely be better than your bank and perhaps your credit union. And as was mentioned you get an answer right away and a blank check in a few days (or next day for $10). The CC companies charge a fee to the dealer - maybe as high as 3% - for the use of the car. So accepting a card on a $20,000 purchase could cost them as much as $600 lost profit. Go with whoever will give you the best rate, get a check and pay them for the car and get rid of that 9% financing. Dennis |
|
|
Replying to: jaxs1 (Apr 30, 2007 8:59 pm) If they said they wanted all the accessories up front and said they planned on buying HC and protection package then they could have gotten a low ball price on the car - knowing that they would make up profit on all the "fluff stuff". They may have done a good job on the price, then let the dealer make back the savings on the extras and "protection" packs. The stated claim that you could buy this same car for $25k is probably not true. If you take all the extras off you might end up at $25k, but the dealer would not let it roll off the lot for that including dealer fee and destination. If you take invoice less 100% of hold back and $750 in dealer money you end up at $25,572. At $25k or $25.5k without a dealer fee they would be losing money to sell the car - at that will not keep the lights on. They COULD sell you the car for that price IF they added on a dealer fee and you purchased a bunch of accessories and mop and glow and stuff. As to the NAV system, I do like OEM factory NAV systems. No theft risk, usually easy to use and see. The down side is the silly high cost the auto makers put on them - then most of them have infrequent map updates and when they do they can cost $200 or more for the new maps. You can get a Garmin GPS for as little as $200 and a really nice one for not much more. New maps come out about every 12 months and the charge for updates is $75. Higher theft risk, not integrated into the car, but a whole TON cheaper. I have both and have had for years and it is getting really hard to justify the OEM NAV systems on price and map update prices. Dennis
|
|
|
|
|
Replying to: rujo (Apr 27, 2007 11:10 pm) give me all of the rates. This is a quote that I obtained May 1, 2007 for a 24 month lease with 12,000 miles per year: 2007 Honda Accord EX(V4 with cloth) Sticker price: $24,095.00 Sale price: $21,899.00 Residual: $16,143.00 Residual %: 67% Money factor: .00078 Amount down: $775.97..Inception fees & 1st months payment Monthly payment:$324.53(includes 6% CT sales tax) This quote was from a dealer with a non commissioned sales staff. Personally, I think it is high! Help! |
|
|
Replying to: lilengineerboy (May 01, 2007 7:04 am) My cell phone has real GPS and I don't even look at the screen since it gives great audio instructions. GM has OnStar navigation available that has no screen at all. 100% voice guidance. Back to the Honda, if I were to get an Accord with nav, I wouldn't worry about it costing thousands to fix out of warranty since the odds extremely slim that it would work during the first 3 years and fail in the next 4. The main moving part is the DVD disc drive itself and that doesn't cost thousands. While it is possible for an extended warranty to cover repairs that have a higher value than the cost of the warranty on an individual car, if you buy extended warranties on all of the next 20 cars you buy in your lifetime, you will have spent several times more in premiums than you will have received in covered claims. This is true even if you get some major repairs covered on a few of those vehicles.
|
|
|
Replying to: ncruzer (Apr 29, 2007 10:02 pm) I got it from Hayward Honda last week. Man that is the best deal you can get. They said they lost money on it. This is included wheel locks and floor mats. 2.9% finacing, I was surprise with this rate. I want to get one more like this. Good luck |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Honda Accord
Browse by Board
Browse by Topic
Today's Chats
