Last post on Dec 08, 2013 at 3:39 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Coupe, Sedan
#21493 of 32204 Re: Sedan EX-L V6 Offer [kingpcgeek]
Jul 31, 2008 (5:59 am)
kinpcgeek - your insights are very helpful, thank you.
Re: current offers lease money factors.
Can you or anyone confirm the money factor being used in this current Honda nationwide web site offer?
[2008 Accord Sedan LX 4-Cyl Featured Special Lease. $219.00 per month for 36 months. $2,599.00 total due at signing.] Of course, more details are on the Honda web site.
Yesterday I was quoted 0.00186 MF for an LX-P, and I see your note that the MF is 0.00129 now for the EX-L offer.
I really want an LX-P - but there is no specific offer for that trim. The question I will face to negotiate: should I expect the dealer (Phila area) to offer the same MF of 0.00129 for the LX-P?
#21494 of 32204 Re: Sedan EX-L V6 Offer [mdominik]
Jul 31, 2008 (6:28 am)
.00129 is only on V6 Sedans. I'm still trying to confirm if the V6 Coupe went down to .00129 as well.
Sales must have really dropped for the V6's for Honda to drop the rate like they did on the 29th of the month.
#21495 of 32204 Re: Sedan EX-L V6 Offer [kingpcgeek]
Jul 31, 2008 (7:25 am)
Regarding the LX offer 219, I did a calculation and figure the MF to be .00129 there too (using the Edmunds lease calculator and playing with the MF until the payment matched).
So for me, the question is, will a dealer use that MF for an LX-P?
#21496 of 32204 Re: Sedan EX-L V6 Offer [mdominik]
Jul 31, 2008 (8:23 am)
Might want to go to the leasing section of the accord forum to get better answers on this...
#21497 of 32204 Re: 2008 Accord LX-P automatic [mevander1]
Jul 31, 2008 (8:33 am)
"carlosmeade, at 750 under invoice the dealer is still making money. First there are rebates from Honda..."
WRONG, flat out wrong. There are ZERO Honda to dealer incentives on the Accords right now.
"2nd are incentives..."
Which incentives? Ohh thats right, there are none!
"3rd there is something called dealer hold back on every car. Don't you do your homework?"
Dealer hold back is equal to 3% of the base MSRP. Do the math. The dealer is LOSING $100.00 real dollars to sell a car. Don't you do your homework?
#21498 of 32204 Re: 2008 Accord LX-P automatic [mplshondadlr]
Jul 31, 2008 (11:20 am)
That is a crap. Any time when a dealer says he is loosing money selling the car, it is load of crap. No dealer loses money. The fact is an average (Most) buyers are scared to negotiate and pay way more for the car than they should pay
#21499 of 32204 Re: 2008 Accord LX-P automatic [sethnaga]
Jul 31, 2008 (11:43 am)
Actually it's not "crap". This month I have sold six Accords at a true loser. But, there are other areas in the dealership that NEVER lose money, which allows the new car department to take some losses.
You figure service and parts, used cars and the F&I office are profit centers for the delaership. Now-a-days the new car department carries about a $600.00 - $800.00 per car average gross profit.
As I have stated many times before on this board; if there were additional money out there in terms of factory to dealer incentives, everyone who reads these boards would know about it. You dont really think that Honda has somehow managed to get every consumer advocate web site, edmunds included, to not share super-secret money (that you seem to think exist) they are paying dealer to sell Honda's do you?
#21500 of 32204 Re: 2008 Accord LX-P automatic [mplshondadlr]
Jul 31, 2008 (1:01 pm)
Have to agree that with the internet things have certainly improved a great deal in regards to pricing information however I'm guessing that doesn't necessarily mean true cost information is out there. For one I don't think Honda would allow that type of information to be made available to the public not to mention if there are incentives out there may not show all of them as I'm sure certain markets can afford to offer more incentives. Other sites have mentioned how Honda has cracked down on dealerships concerning price information and do monitor what is put out on the internet by them. Does a customer have a right to know true cost information, probably not where the problem arises is when the prices swing so wildly from one market to another.
#21501 of 32204 08 accord coup EXL V6 /NAVI
Jul 31, 2008 (7:51 pm)
quote 28050 (car price only)
no accessories. and no upgrade
plus tax .08375+dmv=30400 OTD
how is this price people. need help. will buy in 2-3 weeks.
still looking for better price..
#21502 of 32204 Coupe EX-L V6 Offer
Jul 31, 2008 (10:01 pm)
Yesterday I wanted a sedan, today a coupe, so now I am coupe pricing.
2008 Honda Accord EX-L Coupe Automatic V6
DOC Fee: 349
State Misc Fee:6.5
Tire Disp Fee:5
Due at signing:1272.46
Mesa Tax 8.05%:32.03
Month Total Payment: $429.88
Dealer has come down 1100 on sale price, but only $140 on accessories. refuses to budge on those (tint, splash, trunk, locks)
One thing I noticed is the MSRP of 28,695. Every where I read even on the Honda web site they have 28,980 as the MSRP. Could this mean this vehicle has been sitting on the lot for a while, delivered before a price increase?