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Honda Accord Prices Paid and Buying Experience

24566 messages,  Last post on Dec 02, 2009 at 10:27 AM

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


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#20898 of 24566
Re: Honda Financing Remorse Issue [joshuaians] by jfritsch
Jun 23, 2008 (3:32 am)
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Replying to: joshuaians (Jun 22, 2008 2:59 pm)

Honda doesn't offer rebates, and the dealer cash may be unadvertised if there at all, but usually these financing things are qualified with "participation may vary, etc" In any event, if our dealer gave you a lower price than most and made it up on the financing thats not unusual. If that manager didn't want to give the low rate with a price that far below invoice then it didn't apply (at that minute, second and their reading of your behaviour).
 
 If you would have seemed disappointed, said "gee, I really would love to sign now for 0.9%, perhaps I'll go and think about it for a few days" and headed for the exit perhaps they would have stopped you at the door, called back several days later agreeing, or just let you go. You don't know unless you do it. That is the game especially end of month. The "shenanigans" as you call it has been the deal with merchants for 5000 years.
 
1) If your state has a cooloff period then cancel the deal (or tell manager you will)
2) If its as easy to refinance as some members said you can do that at a credit union
 
3) Best option- have a talk with the manager(s) about your excellent credit, you want the lower rate or any satisfaction survey form you get about your experience from this dealership (and if you don't get one you will request one from honda america) will be all F's. However a finance at the low(er)rate will produce all A's.
This is always a good option, success depending on how much the manufacturer is pushing survey results at the time (or at all) and the dealership's overall rating. This is one of the better levers the consumer has anymore, other than the numerous laws set up over the last 35 years.
 
These surveys have grown in significance (dealer profit) over the last decade or two they were introduced. The factory's attempt to reign in some of the more wild cowboys amongst the independent dealerships in the USA.
 
I would think last option would be to get F. Lee Bailey involved because of expense etc. As it stands now you probably got about an average deal on the car.
 
Good luck
--jjf
 
I bought an EX yesterday (21,080 + fees), in NJ. I think I'm happy with the deal from what I've seen.
  
I thought I was going to be able to finance using the current Honda deal (.9% or 2.9%, depending). It was the end of the day and I had asked the finance manager about and said that it didn't apply in our situation because we were buying for under invoice and I got a much worse rate (approx 5.8). I feel dumb now because I think that's shenanigans. Nothing I can see on the Honda site about the deal applies, and I have great credit.
  
I plan on going to the dealer tomorrow and figuring out if there's anything I can do to get my rate changed to what I think it should be.
  
Has anyone been in a similar situation? Do I have any recourse or am I screwed because I'm gullible? Am I better off dealing with Honda Finance at this point?
#20899 of 24566
Re: Ready to buy EX auto 4 cyl [gmanandge] by halecp
Jun 23, 2008 (4:26 am)
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Replying to: gmanandge (Jun 21, 2008 3:03 pm)

Is it a sedan or coupe? Leather or cloth? I'm in the market for an Accord Coupe EX 4-cyl auto, no leather and your quote was significantly lower than mine....
#20900 of 24566
Re: Ready to buy EX auto 4 cyl [halecp] by gmanandge
Jun 23, 2008 (4:41 am)
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Replying to: halecp (Jun 23, 2008 4:26 am)

Sedan w/ cloth.....but read this thread from another post:
 
joshuaians wrote:
I bought an EX yesterday (21,080 + fees), in NJ. I think I'm happy with the deal from what I've seen.
  
I thought I was going to be able to finance using the current Honda deal (.9% or 2.9%, depending). It was the end of the day and I had asked the finance manager about and said that it didn't apply in our situation because we were buying for under invoice and I got a much worse rate (approx 5.8). I feel dumb now because I think that's shenanigans. Nothing I can see on the Honda site about the deal applies, and I have great credit.
  
I plan on going to the dealer tomorrow and figuring out if there's anything I can do to get my rate changed to what I think it should be.
  
Has anyone been in a similar situation? Do I have any recourse or am I screwed because I'm gullible? Am I better off dealing with Honda Finance at this point?
#20901 of 24566
Re: Ready to buy EX auto 4 cyl [halecp] by gmanandge
Jun 23, 2008 (4:47 am)
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Replying to: halecp (Jun 23, 2008 4:26 am)

Also.....I don't know what to make of this advertisement. It looks a lot like a 'Bait and Switch' so I called them and one of the salespeople wrote back in an e-mail that these 'ad cars are first come...first served' and that I would have to go there to buy one-no agreements over the telephone or internet. Check out this link:
http://www.boch.com/bochhtml/bochhonda/pages/promotions.aspx
 
It looks as if they are selling the EX, 5-speed for $18,988
#20902 of 24566
Re: Honda Financing Remorse Issue [joshuaians] by socalhonda
Jun 23, 2008 (4:54 am)
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Replying to: joshuaians (Jun 22, 2008 2:59 pm)

Sorry Bud, you got screwed. I got an EX-L for $23,000 (includes dest.) plus tax and title and I got the .9% financing. The financing has nothing to do with the price of the car it's a totally separate issue.
#20903 of 24566
Re: Ready to buy EX auto 4 cyl [gmanandge] by levtom
Jun 23, 2008 (5:31 am)
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Replying to: gmanandge (Jun 23, 2008 4:47 am)

That add is for a specific car (stock# xxxxx). Not likely that you'll find it if you go there.
Last month's add read "Every Accord EX auto sedan in stock $20,888" that included dest charges, but they would not honor Honda America finance plans on their advertised specials. I'm pretty certain they did honor that add price, however.
I used their add as a tool to buy my Accord EX closer to home for $21,500.
#20904 of 24566
Re: 2008 Honda Accord LX-P - Houston Texas [suio] by isellhondas
Jun 23, 2008 (5:56 am)
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Replying to: suio (Jun 22, 2008 6:01 pm)

As someone else pointed out to you, the mileage is the same. The just changed the methods by how they calculate mileage. This was across the board with ALL makes and models.
 
As far as size, well, that is a matter of opinion. Not everyone will like changes. I hear this everytime a new model comes out but I don't hear it often. Most people think of changes as improvements.
 
Lastly, road noise. The 2008 Accords are quietier than the 2007's but they still need to work on this. Camrys are a bit quietier but they don't handle as well. It's all a matter of what is important to you.
#20905 of 24566
Re: is this a good decent price? [askme] by ljgbjg
Jun 23, 2008 (6:31 am)
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Replying to: askme (Jun 02, 2008 11:01 am)

$28500 "out the door"
 
I do not understand that way pf pricing. I got my '08 Polished Metal/black w/o Navi for $25,900 including destination fee from the dealership, plus tax. Tax, to my mind, is not part of the deal. The dealerhsip cannot do anything about that, and it vaies so from state to state and even within states from local to locale.
 
Invoice is like $25,400 plus the $600 destination charge. If you cant get the CAR for anything less than $26,000 I think you are doing ok.
#20906 of 24566
Re: purchasing 08 accord lx-p [corik] by ljgbjg
Jun 23, 2008 (6:35 am)
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Replying to: corik (Jun 21, 2008 5:15 pm)

Where in NY - I got my '08 V6 EXL Sedan from Lia Honda in Albany - Rex Varughese is the Internet sales guy I worked with. They were very easy to work with - got mine for $25,950 incl $600 destination fee, plus tax.
#20907 of 24566
Re: Honda Financing Remorse Issue [joshuaians] by ljgbjg
Jun 23, 2008 (6:39 am)
Reply

Replying to: joshuaians (Jun 22, 2008 2:59 pm)

Sometimes in these "sweet" financing deals the dealer participates in the 'buy - down" of the rate. Accordingly, they will not do it for deals where their margins are otherwise already slim, like when you get the car below invoice. That is a possibility and not illegal - you have to read the fine print.

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