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Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
22429 messages, Last post on Dec 04, 2008 at 8:28 AM
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Replying to: bug4 (Mar 19, 2008 11:28 am) I did call other dealers to see if I can get something similar, because Boch Honda is about 60 miles from my house. The closest price was from Herb Chambers in Boston at $23,145. Their doc fee was also a bit higher, at $379. I was fully prepared to walk out of their dealership if they didn't honor that ad. But they did. I did have a trade, but we started talking about it after we established the price on the new car (I know the rules...). The trade was a 1999 Toyota Camry with 140k miles, condition too poor for kbb.com to give me an online appraisal. And they also matched my credit union for the interest rate, 5.2% for 60 months with Chase. |
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Replying to: raduilie (Mar 19, 2008 11:53 am) It would make more sense if they beat your credit union rate rather than only matching it.
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Replying to: jaxs1 (Mar 19, 2008 12:01 pm) |
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Replying to: dwynne (Mar 19, 2008 10:23 am) |
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Replying to: googooly (Mar 19, 2008 7:47 am) Another item I bought was the 8 year 120,000 mile non-deductible Honda Care Warranty. I had located a Honda dealer in Rhode Island on the INTERNET who was selling that warranty for $995. I just did a search on EXTENDED CAR WARRANTY. When closing the deal at my dealer in Baltimore I asked about the HONDA CARE Warranty. Initially the salesman pulled up a chart with various milages for both the $100 deductible and the non-deductible plans. His initial price for the plan I got was $1999.95. When I show him the printout from the RI Honda Dealer he said WOW that $995 was my dealer's cost. Almost immediately he came down to $1095 which I took. I intend to keep the car well beyond 120,000 miles. If any here keep their cars long time it might be worth it to check out the Honda Care plan. |
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Replying to: raduilie (Mar 19, 2008 12:05 pm) Every dealer I have been to has a way to deal with this without requiring you to wait for 3 days. One way is an "Either Or" contract, where they setup financing that allows you to drive off the lot and get your financing, but if you fail to get your own financing, the car remains on the contract you signed. There are also other ways to do it especially if you buy the car during the hours your credit union is physically open and the dealer can call to verify the check. Some credit unions have electronic connections to local dealers and they don't even need to call. However, if you think the rates at your credit union will fall and you will refinance later for the lower rate, what you did could make sense if there isn't a prepayment penalty from the finance company and the loan balance isn't higher than the car's value when you're ready to refinance it. |
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Replying to: jaxs1 (Mar 19, 2008 12:27 pm) Honda MSRP Price $26,495.00 Destination Charge Included Additional Options Internet Sale Price Inc. Coupon -$200 $23,736.33 Documentary Service Fee $250 Title Fees $25.50 |
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Replying to: raduilie (Mar 19, 2008 11:53 am) How much extra was the dealer's doc or prep fee? You gotta love these dealers that don't include destination in their ads, by the way. Dennis
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Replying to: jaxs1 (Mar 19, 2008 12:27 pm) What the credit union should have done is simply deposit the amount required into the buyer's checking account then they just write a check for the new car. Not only is this cool to do  it makes things a lot easier. In the dealers case, being present with a bank "draft" and not a check could mean a delay in getting their money - or not getting it at all. As you said, if the buyer had help firm I am sure they could have worked something out for "just in case" and used the draft. As long as there is no set up fee, simple interest, and no early pay off penalty then it really does not matter. Dennis
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Replying to: raduilie (Mar 19, 2008 11:53 am) |
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