Last post on Dec 05, 2013 at 6:12 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Coupe, Sedan
#21238 of 32172 Re: 2008 Honda Accord Coupe EX-L [chuck1]
Jul 13, 2008 (5:43 pm)
If you believe the dealer pays invoice for a car...... my hats off to you. They are born everyday! Maybe you should go to Rooms To Go when you need furniture and ask to see the invoice on their sofas and beds....... It's a gimmick! A very successful gimmick that has been in use since WWII. I do not know how much they pay for their vehicles... this is a VERY closely held secret in the business. But when I look at Towne and Fitzmall.. I would guess the actual price paid by the dealer is somewhere in the 20 percent below invoice range. I know this comment will elicit all the dealership reps to come out to defend themselves, but everyone is not as foolish as they give credit for. Take a look at how they deal with their used car business.... they don't seem to lose any money there.. How about parts? They're not the cheapest place in town? Labor? Nope! Dont lose money there, either. So why wud a NEW car dealer have the most expensive parts and labor and used cars in the business and sell NEW CARS (their main business) at or below cost?
#21239 of 32172 Re: 2008 Honda Accord Coupe EX-L [cuvang]
Jul 13, 2008 (6:05 pm)
Closed the dela on Friday for a Black EX-L $23, 300 incl. destination and documentation. Has 10 mi on it.
#21240 of 32172 Re: 2008 Honda Accord Coupe EX-L [nardis]
Jul 13, 2008 (6:10 pm)
There is nothing as such like an "invoive price". Dach dealer has his own price that he buys the car from and it depends on many factors, once including the volume of cars sold. So 24018 is a relative number
#21241 of 32172 Re: 2008 Honda Accord Coupe EX-L [jb_turner]
Jul 13, 2008 (6:31 pm)
Except dealers have no control over sales tax and license. A few states don't even have sales tax.
What is important are "doc fees" and these can be HUGE from what I read on these forums. We charge 50.00.
#21242 of 32172 Re: 2008 Honda Accord Coupe EX-L [parcr]
Jul 13, 2008 (6:34 pm)
I can't speak for other makes but this is a Honda forum and ALL Honda dealers pay the same amount for their cars.
Rumors and mis-information is rampant. There is no conspiracy.
Besides, who cares what a dealer pays? The MARKET will always determine pricing.
#21244 of 32172 Re: Ex 4Dr Sedan and LX 4Dr Sedan - What did you pay? [ocean08]
Jul 13, 2008 (7:04 pm)
Purchased EX last week 21900 + 150 (for dealer to locate the exact color options).
Altima 2.5S 19814
All prices were not including tax and license.
I like both the Altima and EX. The Altima looks better IMHO, has a keyless start, nice tranny and a more sporty feel.
The EX has tight steering, 17in wheels, Sunroof, and a little nicer stereo. All in all, they are both good cars. I just choose the EX because I felt like trying Honda. It was a close call. I am happy with my choice. Apples to apples, the Nissan can be bought for 750-1000 less then the Honda.
#21245 of 32172 Re: 2008 Honda Accord Coupe EX-L [parcr]
Jul 13, 2008 (11:59 pm)
Nice! Good work. These guys(dealers) still make money, just less than they'd hope for thats all. The "invoice" its just for the public and dealers to share. I am sure they have their own "invoice" . Its a business of course they gonna make a profit and as consumers we want a good deal. This is a great forum by the way
#21246 of 32172 Re: 2008 Honda Accord Coupe EX-L [kay14]
Jul 14, 2008 (2:39 am)
If you believe the dealer pays invoice for a car...... my hats off to you... I would guess the actual price paid by the dealer is somewhere in the 20 percent below invoice range.
I agree but I think 20% below invoice is a bit too much. IMO, I think it's about 10 to 15%. For a 25K car, dealers can still make about 3K even if they sell it at invoice.
#21247 of 32172 Re: Ex 4Dr Sedan and LX 4Dr Sedan - What did you pay? [ocean08]
Jul 14, 2008 (3:34 am)
My wife and I test-drove both an Altima 2.5 with SL package (moonroof, leather, XM, etc.) and a comparably-equipped Accord EX-L. I'd agree with the assessment that the Altima was a bit "sportier", primarily due to its lighter weight. The quality of the interior was superior in the Honda - the wood trim looks like wood whereas the Nissan's looked more like a plasticized sticker. Both were comfortable but the Honda is decidedly roomier, especially in the back seat. I didn't like the whine of the Nissan's CVT transmission but having a manual option was nice.
In the end, we bought the Honda EX-L with splashguards and wheel locks for 24K before TTL (total OTD around 25.2K). It seemed to be more car for the money, even though the Nissan could be had for a slightly cheaper price, and it certainly exuded a feel of quality that the Nissan lacked.
FWIW, that same day we also test-drove a Chevy Malibu LTZ 2.4L which we assessed to be superior to the Altima in terms of quality and appearance. Had its four cylinder engine been stronger and a few other minor issues addressed, it would have been a tough call between the Honda and the Chevy. It's good to see American design is alive and well - only time will tell if American quality has returned as well.