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Honda Accord Prices Paid and Buying Experience

24568 messages,  Last post on Dec 07, 2009 at 10:44 AM

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


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#19185 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [viet] by cooltown
Jan 20, 2008 (10:56 am)
Reply

Replying to: viet (Jan 20, 2008 7:49 am)

Thanks for all this information.
 
My friend actually will be taking it to a Honda dealership to fix a few minor things up before selling it. He would also have the mechanic there check it over, is that suffcient for before making an offer or should I still push to take the car to my own mechanic of choice?
#19186 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [cooltown] by jaxs1
Jan 20, 2008 (11:03 am)
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Replying to: cooltown (Jan 20, 2008 10:56 am)

You could have the dealer do a written evaluation of the car's condition and save everyone the hassle of making another trip to another mechanic.
If there is a CarMax near you, have him take it there for an appraisal and then you can pay him $1,000 more than what Carmax would pay him. That should be a be a price that is good for both people.
If you can't agree on price, he can take it back to CarMax within 7 days and take what they offered and you can buy something else more affordable when you are ready.
#19187 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [cooltown] by viet
Jan 20, 2008 (11:14 am)
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Replying to: cooltown (Jan 20, 2008 10:56 am)

My '02 Accord V6 EX in mint condition (shinily clean engine and body) 62K miles was given $7,500 by Honda dealer while KBB priced it $16K. Dealer manager said he pays me wholesale price. They checked the engine and body very carefully before telling me their offer price. I told him forget it. I kept it to drive. It runs like new. KBB prices seem a bit unrealistic.
#19188 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [cooltown] by dwynne
Jan 20, 2008 (11:20 am)
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Replying to: cooltown (Jan 20, 2008 10:46 am)

Simply go to Cars.com, ebay.com, autotrader.com, etc and hunt up the exact same car - -filter by year, trim line, and equipment and even miles. See what others are ASKING for the same car - keep in mind that these are ASKING prices and most could be negotiated down a good bit.
 
If the car in question has a clean Carfax/Autocheck and passes an inspection and the price is reasonable (compared to what you can get the same car for elsewhere or the trade numbers) then get it if you want it.
 
As far as the worth of the Nav system, the Honda system is nicer than most of the OEM systems and you do have integration. Map update are $149 + shipping + tax from http://www.hondanavi.com/. You can buy a nice Garmin for this price or a little more and get the latest maps, then update the maps next year or the year after for $75. Note that maps for some other OEM systems can cost $200-250 and up, so the Honda system is a "bargain" compared to that. I would not pay much extra for an OEM system in a used, 3 year old not - since you would have to spend money right away to get newer maps. If you got the same car w/o the Nav you could get a portable GPS to use in any car for not much more than the cost of the map upgrade. Even Honda does not think the NAV adds as much to the value of the car, when you look at lease residuals the NAV models have a lower residual percentage than non-NAV equipped models - usually 2% lower.
 
Dennis
#19189 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [dwynne] by jaxs1
Jan 20, 2008 (11:35 am)
Reply

Replying to: dwynne (Jan 20, 2008 11:20 am)

I like the navi integration, but the integration of radio and HVAC is of very limited value. It's faster and easier to use steering wheel controls than try to control the radio and HVAC by voice. That's gimmicky and slower especially if it doesn't work correctly the first time.
How hard is it to just tap the volume, tuning button, temp control or fan speed up or down compared to giving a voice command to do the same thing?
#19190 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [viet] by dwynne
Jan 20, 2008 (11:35 am)
Reply

Replying to: viet (Jan 20, 2008 11:14 am)

My '02 Accord V6 EX in mint condition (shinily clean engine and body) 62K miles was given $7,500 by Honda dealer while KBB priced it $16K. Dealer manager said he pays me wholesale price. They checked the engine and body very carefully before telling me their offer price. I told him forget it. I kept it to drive. It runs like new. KBB prices seem a bit unrealistic.
 
You did not look up the price correctly.
 
If you check the trade in value it shows $10,775 to $8,855 for a 02 V6 coupe with all those miles on it. I don't even think RETAIL from a dealer or even certified it would be worth $16k. in fact they show retail at $14,710.
 
We can't see the car, but if it is in great shape then $9k-10k would be about what you could expect to get for it trading in, and maybe $1k or more less if you sold it to Carmax. $7,500 would be a really bad offer unless the car had lots of issues (body work, frame damage, engine problems, etc).
 
Of course, it is a negotiation. They offer you x you counter with y and you settle for z. That said, if they start this low you are not likely to talk them up to $9k or $10k, but since you looked the value up wrong you would never be happy with even a fair $10k offer .
 
Dennis
#19191 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [cooltown] by jncars
Jan 20, 2008 (11:47 am)
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Replying to: cooltown (Jan 20, 2008 12:05 am)

There's a car just like his that is selling at local dealer near me. It only has 17,000 miles on it. They want $17,795.00. I'm sure I could offer $17,500 and they would accept the offer. So I don't think you should pay more than $17,000.00 from a private party.
                                                                               Jim
#19192 of 24568
Re: Used 2005 EX-V6 Coupe w/Nav & XM sat [cooltown] by isellhondas
Jan 20, 2008 (12:07 pm)
Reply

Replying to: cooltown (Jan 20, 2008 10:52 am)

You will get a lot of well intensioned advise here. No matter what your friend is asking some will tell you it's too much,
 
Remember, this is your FRIEND! both of you have to feel comfortable with the price you pay. If your friend feels pressured to sell the car quickly, he may take your low offer and be forever resentful. If he refuses your offer you can bet he will feel you are trying to take advantage of him and his need to get rid of the car.
 
If you buy it thinking that you paid too much (or people here tell you that you did) this too can strain your relationship.
 
If the car develops a problem shortly after you buy it, you may just think he knew about it and didn't tell you.
 
For the sake of your friendship, you may be just better off buying a different car. There are lots out there to choose from!
#19193 of 24568
Re: 2008 4Dr Accord EXL V6 W/O NAV in DC area [sunnfun] by gwlkzl
Jan 20, 2008 (12:55 pm)
Reply

Replying to: sunnfun (Jan 19, 2008 4:42 pm)

Was your OTD price including the 4% VA tax?
#19194 of 24568
Re: 2008 4Dr Accord EXL V6 W/O NAV in DC area [gwlkzl] by sunnfun
Jan 20, 2008 (1:20 pm)
Reply

Replying to: gwlkzl (Jan 20, 2008 12:55 pm)

27500 including accessories

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