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
24570 messages, Last post on Dec 07, 2009 at 9:21 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: dwynne (May 01, 2007 1:48 pm)  Here is an itemized "line by line" breakdown on the invoice in the exact order that the dealer listed. I didn't care how the dealer juggled or arranged the numbers at the top (for options, etc.) just as long as they gave me the agreed upon purchase price for the vehicle on the bottom line ($29,701 including tax and tags). Yes, I said I wanted all the accessories up front and said I planned on buying HC and protection package". Please be certain to include what EACH AND EVERY "FLUFF AND STUFF" item ACTUALLY COSTS THE DEALER TO PURCHASE AND INSTALL on the vehicle (compared to what was actually listed on the purchase invoice as being paid for each item) so we can see the exact dollar amount of "make up profit" the dealer actually pocketed on the entire deal. Thank you for being exacting in your mathematical figures. I sincerely appreciate your taking the time to do this. I particularly want to thank you in advance for withholding any negative comments concerning my choice in options (or their benefit value) as that is a matter of personal preference. Just listing the amount of "make up profit" to the dealer would mean a great deal and be most appreciated. Thanks much! NEW 2007 HONDA ACCORD 4DR White EX-L V-6 with Automatic Transmission and Navigation ORIGINAL LIST $29,400 Navigation System Included/Freight $595 ENG1NE-3.0L DOHC V-6 TRANSMISSION-5 SPEED AUTOMATIC *** DEALER INSTALLED ITEMS ** SPLASH GUARD SET $138 WHEEL LOCKS $76 PINSTRIPE $125 PAINTED MATCHED MOLDINGS $399 (as well as Fender well trim and Door edge trim included in the above price) REAR WING SPOILER $587 FOG LIGHTS$440 CARGO NET $61 Discount $5,033.24 DEALER PROCESSING CHARGE $100 SELLING PRICE $26,881.76 Paint and Leather Protection $300 CASH PRICE $27,181.60 TAX $1,364.24 New Tags: 175 TOTAL $26,881.76 Eight year/120,000 mile “0” Deductible EXTENDED SERVICE POLICY $980 FINAL CASH TOTAL $29.701 DOWN PAYMENT $29,701 TRADE-IN: NONE TOTAL DOWN PAYMENT $29,701
|
|
|
Replying to: ballroomdancer (May 02, 2007 11:35 pm) "Hey look, they sold me the car for $2,000 under invoice!" I proclaim, and then don't tell you that I got ripped off on my trade in. No one could get that same deal without having a trade in - no matter how they list it on my paperwork. The same is true if you buy a bunch of extras at inflated prices and do this up front as part of the car. They can SHOW on the paperwork anything they want, in your case they appear to sell you the car cheap and then make all the profit back on the add-ons. If you had told them you didn't want anything added on to the car price (and they had not already started installing stuff) I would doubt you could have driven off the lot with the car for the price they "pretend" to giving you for the car. I would NEVER buy a car by telling them up front that I wanted to buy all this extra stuff on it too. I would negotiate the best price on the car I could, then negotiate the price on the accessories I wanted one at a time - and only buy the ones that required a dealer to install. Not counting install, splash guards are $66 a set, wheel locks are under $30, pinstripe is worthless, door edge guards are $46 for 4, fender trim under $60, spoiler is under $300, fog lights under $250, cargo net under $35, paint and leather protection is worthless, $980 is about the going rate for a $0 deductible 8/120k HondaCare warranty (you don't state if you purchased HondaCare or some 3rd party policy - if HC then good deal, if not HC then not a good deal at all). Allowing for reasonable install prices, there is a LOT of profit compared to your prices. Enough to let them sell you a car for what appears to be a nice price. If you are happy with your deal, I am happy for you. I am sure if someone else agrees to buy all this stuff up front for these prices they could get a similar deal. Dennis
|
|
|
Replying to: joensuefay (May 01, 2007 5:36 pm) so they should definitely want to move the 07's now.
|
|
|
|
|
Replying to: dwynne (May 03, 2007 8:43 am) Thank you so much for stepping up and accepting my challenge! Ok, let’s take a look at the “DENNIS SCALE” pricing on “extras” and how much I was apparently (and I quote) “RIPPED OFF” (and I quote) “Not counting install”. #1. $66 splash guards (all around) v.s. $138 = “rip off” to me by dealer = $72 #2. $30 Wheel locks (all around) v.s.$76 = “rip off” to me by dealer = $46 #3. “Worthless” pinstripe v.s. $125 = “rip off” to me by dealer = $125 #4. $106 total for door edge guards plus Fenderwell trim (no credit given by Dennis for painted side moldings) v.s $399 = “rip off” to me by dealer = $293 #5. $300 Spoiler v.s. $587 = “rip off” to me by dealer = $287 #6. $250 Fog lights v.s. $440 = “rip off” to me by dealer = $190 #7. “Worthless” paint/leather prot. v.s. $300 = “rip off” to me by dealer = $300 #8. $35 Cargo Net v.s. $61 = “rip off” to me by dealer = $26 The Honda Care Warranty is precisely what I purchased so that would be a WASH (and I quote) “if HC then good deal”. I wouldn't even consider “some 3rd party policy”. $ 2,126 = Represents the total dollar amount listed on the contract as paid to the dealer for ALL the above options (not including the Honda Care Warranty) $ 787 = Represents the “DENNIS SCALE” maximum amount I SHOULD HAVE paid for JUST PARTS on all the extras (Not including DEALER install or a three year dealer warranty). LABOR is not factored into your pricing at all (and I quote) “Not counting install”. AND of course, you can see that there is NO cost for a PART deduction (on the “DENNIS SCALE”) for the painted side moldings, the “worthless” pin strip and the “worthless” paint/leather protection. $1,339 = IS (according to the “DENNIS SCALE”) the amount I OVERPAID or was “ripped off” by the dealer on ALL my “extra’s” and/or “fluff and stuff”. Therefore, this would be the “make back” DEALER PROFIT on the purchase of the car that you referred too. Gosh! YOU MADE IT SOUND LIKE I GOT RIPPED OFF FOR A LOT MORE MONEY THAT THIS! (“Not counting install”)  Dennis SAYS: (and I quote) “in your case they appear to sell you the car cheap and then make all the profit back on the add-ons” . . . you “let the dealer make back the savings on the extras and "protection" packs”. WE’LL SLAP ME SILLY!  YOU MEAN TO SAY THAT I SCREWED UP AND ACTUALLY LET THE DEALER MAKE AN INCREDIBLY OUTRAGEOUS PROFIT OF $1,339 (on the “DENNIS SCALE” not including install) by stupidly purchasing all of those mostly “worthless” fluff and stuff options? OF COURSE, THIS PROFIT AMOUNT ONLY HOLDS TRUE FOR AS LONG AS WE DON’T INCLUDE THE COST OF LABOR FOR DEALER INSTALLATION and the three year dealer warranty. Well, we COULD give them SOMETHING for the cost of installation! LABOR ALMOST ALWAYS COSTS MORE THAN THE PARTS, but hey, I wouldn’t want to burst your bubble in spite of the fact that (maybe) you’re trying to burst mine. I have absolutely NO objection to doing my fair share to help Honda (and I quote) “keep the lights on” or (and I quote) "they wouldn't sell me the car". That $1,339 PROFIT should help them keep those overhead stadium type parking lot lights burning overnight for about a week or so. Since I’m not a fan or member of the “buy your part off the internet, go to the additional expense of purchasing installation tools, have NO three year dealer warranty and spend hours on your back only to risk screwing it up yourself CLUB . . . I’m even more convinced that I did NOT get “ripped off” by the dealer at all. As matter of fact, I sincerely want to thank you, Dennis! Because I’m even MORE convinced than I ever was (thanks to the “DENNIS SCALE”) that I came extremely close to ripping the dealer off! I guess you could say I’m A MEMBER OF THE “GO, GO, GO, MOP AND GLO” - CLUB! Hurry, hurry, hurry, step right up and get your lifetime/renewable seven year warranty against damage to your exterior paint and interior leather . . . all future repairs to damaged paint and leather are free! And I'm also a member of the “BUY MORE FLUFF AND STUFF AND GET IT FOR LESS” CLUB! Kind of like “buy one, get one free”. Hey, thanks for playing! Oh, yes . . . and I also want to thank you for honoring my earlier request to "withhold any negative comments concerning my choice in options (or their benefit value) as that is a matter of personal preference." 
|
|
|
Replying to: ballroomdancer (May 04, 2007 12:01 am) Thanks for posting your experience in buying a Honda Accord. Part of the deal in relating your experience is other members can comment on it. They aren't always going to agree with your assessment of how well you did. The most important thing is that you are happy with your car.. Now that it's been a month since you posted your deal, let's just move on.. and give others a chance. Thanks, kyfdx Host-Prices Paid Forums
|
|
|
I know that there are some dealers already offering very aggressive pricing (~2K under invoice) for the current-model Accords. However, is it likely that the start of the official Honda Clearance sale (June?) will bring about even better discounts on the remaining inventory?
|
|
Anyone know what the May dealer cash is? Has it gone up, or did the $750 just roll over into this month.
|
|
|
Is it possible to nogotiate with dealers? 2007 Accord SE 4 cyl Auto in NJ Target: 18,000 with 2.9% for 36 month. or it will be better if I wait more to July or Aug to get better price and interest? Please give me your ideas. Thank you,
|
|
|
Replying to: solid1 (May 04, 2007 7:11 am) |
|
|
Replying to: marcwd (May 04, 2007 7:04 am) How do you get the information? I try to buy accord in few months but waiting for best deal! |
|
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
