Last post on Dec 07, 2013 at 6:44 PM
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Honda Accord, Coupe, Sedan
#21473 of 32200 2008 Accord LX-P automatic
Jul 30, 2008 (10:09 am)
I'm looking at trading in my 2005 Honda Civic on a 2008 Accord LX-P with automatic transmission.
I have only gotten a straight answer on price from one dealer, but they aren't giving me a fair price for my trade, or I'd probably just buy the car from them. I've been to a few other dealers, and they act eager to sell me a car, but they won't tell me what they can do.
MSRP is $22,795 after delivery
the dealer quoted me at $20,619, without giving me any greif.
Invoice according to edmunds is $20,085, and I've read on here that some dealers will sell an accord for about $750 behind invoice.
I'd like to pay no more than 19,320 dollars for the car, but I don't know if that's realistic. Should I continue to haggle with the dealers, or just wait until next year?
If your curious, my trade is a 2005 Civic HX with almost 90,000 miles on it. I think it's worth between 7500 and 8000 bucks, they offered me $5,500 for it, I owe 6000. You can't buy a 10 year old civic with under 100,000 miles for 5,500 right now.
The deal I'd like to land is this
-2000 trade equity
-1000 cash down
16320 total financed
60 months 3.9 = 299.82 a month
I always pay tax and registration out of pocket at delivery. If the dealer offers me $7500 for my trade, I'd cough up the extra 500 bucks. Otherwise it really isn't worth it to me.
Thanks in advance for your advice!
#21474 of 32200 Re: 2008 Accord LX-P automatic [himitdi]
Jul 30, 2008 (10:51 am)
I'd like a free peanut butter & jelly sandwich every now and then, doesn't mean it's going to happen!
#21475 of 32200 need help!!! buy sooner
Jul 30, 2008 (11:18 am)
08 accord coup exl 4v auto/navi
car price 26690+ tax 0.8375+dmv =29325
08 accord coup exl 6v auto/navi
car price 28715+tax 0.8375+dmv=31519
i am thinking which one i should get? and what the best price i should talk..?
#21476 of 32200 Re: need help!!! buy sooner [psyevolution]
Jul 30, 2008 (11:30 am)
If the 4-cylinder is peppy enough for you, I'd go that route. The V6 owners have been sporadically reporting problems with the VCM system on the 2008 Accord VCM board.
That being said, the invoice on the car including destination is $26,176 according to Edmunds, so unless the price you are giving us ($26,690) includes some other fees or accessories, that number is much too high. You should be able to get this car for under invoice. I'd counter with $25,100 and see where they go. We're at the end of the model year, this car shouldn't cost more than $26,000 or so; many have gotten Accords for less.
The V6 NAVI invoice is $28,300, so $28,000 would be my target price, there.
#21477 of 32200 Re: 2008 Accord LX-P automatic [himitdi]
Jul 30, 2008 (12:14 pm)
??? - Wow- You're dreaming....
Unless you're thinking the dealer HAS to lose money to sell you a car.... Sounds like you want them to sell you a car $750 behind invoice?
And give you OVER trade value for yours....?
Don't forget they have overhead to pay for... and need profit to do that!
ZZZZZZzzzzzzz.... Sorry go back to sleep... I didn't mean to wake you up from your dream???
#21478 of 32200 Re: 2008 Accord LX-P automatic [carlosmeade]
Jul 30, 2008 (12:18 pm)
And if you think invoice is the break-even point for the dealer on new Hondas, keep on dreaming yourself!
#21479 of 32200 Sedan EX-L V6 Offer
Jul 30, 2008 (12:30 pm)
My latest offer, I don't know if I am going to get better. The $695 on accessories has come down from $835. Quote: "Premium Window tint with lifetime guarantee, Wheel Locks, Splash Guards, and a Fantastic Trunk Tray"
DOC Fee: 349
State Misc Fee:6.5
Tire Disp Fee:5
Due at signing:1269.32
Month Total Payment: $426.74
I was told if I buy this month invoice + 250, but this looks like invoice + 500.
#21480 of 32200 Lease '08 Accord sdn I4 man
Jul 30, 2008 (1:27 pm)
Hello all, just doing some research here but can't find a definitive answer on a possible deal. We're just looking for a base LX model w/ manual tranny, would prefer the 190 hp EX but that's another story. We visited 3 dealers in the Boston area. Boch said w/ $1,000 dwn they can get us right around $200/mo w/ tax & a sale price of $18,800, 12k/yr & 36months. My wife is 8 mos pregnant and it was hot that day so we said we'll return. Next was Atamian Honda we only went all the way up there to see the Costco price but they said they could do better face to face. They only had the LX w/ an automatic tranny and best they could do was $1250 dwn to pay lic, reg, acq fee, doc fee, 1st pymt, & insp sticker and a payment of $237/mo. Last was Herb Chambers in Boston. Car was LX manual tranny, $18,400 for the price, $1,237 dwn to cover all fees & 1st pymt then $229/mo.
So basically at all 3 I can't remember what the money factors were but I did make sure that the initial payment covered all fees and the monthly pymt included tax (5% here in Mass), and all 3 were 12k miles/yr and a 36month term. W/ that in mind is it possible to get down to $180-$200/mo w/ the same down or should I take the $229 and call it a day? Being the end of the month do you think we can slide into an EX I4 manual for the low $200's? Thanks!
#21481 of 32200 Re: 2008 Accord LX-P automatic [carlosmeade]
Jul 30, 2008 (1:39 pm)
Gee, that response sounds like someone else who is well known on these boards, by chance do you work at his dealership?
#21482 of 32200 Re: Sedan EX-L V6 Offer [kingpcgeek]
Jul 30, 2008 (3:22 pm)
The doc fee is pure $ for the dealership, so just include that in the price of the car. Many states limit how much this can be to a much lower amount. What is the Acq fee?
On the whole, your price sounds too high, and the dealer too shady. I wouldn't give the deal a green light.
Besides, if you show you WILL walk away, you'll hold all the power.