Last post on Dec 10, 2013 at 1:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Coupe, Sedan
#22305 of 32216 Re: [inet123]
Nov 06, 2008 (11:03 am)
inet123, In New Jersey for a 2009 Honda Accord EX-L or EX-L V6, I would go ahead and say with confidence $500 dollars under the Invoice price (including destination) listed here at Edmunds. I also believe that you can probably push for more if you do not have a Trade In. Bottom-line is this, the dealer has a certain amount of money that he absolutely needs to get on a car, and even if he sells a car for 100 dollars more than that amount, its already a good deal so there is no harm in trying. If the dealer says he can't do it, walk away, go to another dealer and offer 100 bucks more to the new guy. Thankfully in Jersey we have a bunch of Honda dealers to try this with.
#22306 of 32216 Re: [trek85]
Nov 06, 2008 (8:06 pm)
I have a price ~ $25k for an '08 Accord Sedan EX-L w/nav I4 auto plus tax, ttl. No trade, cash deal.
Is this a good price? I'm in NJ and plan on keeping the car a long time (10yr+) so depreciation 08 vs 09 is not a concern. Sites like carsdirect are not currently showing '09 target prices and the '08 prices are gone for NJ.
#22307 of 32216 '09 LX-P Lease Deal-Your Opinion?
Nov 07, 2008 (4:32 pm)
I've been going back and forth on this with a Florida dealer. What is your opinion?
'09 LX-P $22027 for the base LX-P but it has mud guards, trunk tray, wheel locks and pinstripe (none of which I want) so together, they want $22195
36 months/12K miles
gross cap $22814
cap cost redux $1807
adj cap cost $21007
$2899 at start includes 1st, cap reduction, and $827 in "upfront charges" which I still don't fully understand. They told me the acquisition fee is $595 so I think they are just "stealing" a little profit. The $2899 probably should be $2667. Maybe the difference is the reduced dealer fee---see below.
In an earlier email, I was told the dealer fee is $399.50. In his latest email, he said I literally only pay $2899 to start the lease, though.
The Honda website says the current program for the LX, which my guy said applies to other models, too, specifically shows that the cap cost reduction is $2095. I asked why theirs was lower and was told it was the LX-P not the LX, which sounds fishy. Your thoughts?
One more thing, I received an email from another dealer today who only said that Honda just lowered the MF to "reflect 1.9% APR" which would be .00079. He didn't provide any other info and I am still waiting for clarification.
#22308 of 32216 Re: Price quote for 2009 Accord LX-Auto
Nov 08, 2008 (6:32 am)
I went to 2 dealers, and they gave me price quote for 19700 including destinition and one gave me 19400 including destinition. is this a good price?
This is n Mass
#22309 of 32216 Re: Price quote for 2009 Accord LX-Auto [sketerboi22]
Nov 08, 2008 (7:31 am)
FWIW, Edmunds sez the invoice is $20223 (including $670 for destination) using a Boston zipcode
#22310 of 32216 Dealer Fee-Carved in stone or negotiable?
Nov 08, 2008 (7:36 am)
So you work your best deal on the price of the car (not the OTD) and next you are looking at all the other fees including the "dealer fee." Is that a fixed administrative charge on all their cars or is that a matter of negotiation, too? I know some will say OTD is all that matters so who cares but I'm still curious.
#22311 of 32216 Re: Price quote for 2009 Accord LX-Auto [srq5363]
Nov 08, 2008 (8:06 am)
SO u mean 19400 is good price? Should I go for it?
#22312 of 32216 Re: Dealer Fee-Carved in stone or negotiable? [srq5363]
Nov 08, 2008 (8:19 am)
Yes it is carved in stone, but dealers who spring it on the buyer not until the F&I office are pretty low. If that happens to you tell them to reduce the price by that amount as it was never disclosed to you. Here in Florida the typical dealer fee is $499 to $699 and I've walked out of deals when they surprise me with it.
#22313 of 32216 Re: Price quote for 2009 Accord LX-Auto [sketerboi22]
Nov 08, 2008 (8:20 am)
Don't go by me..I'm just telling you one bit of info. It sounds good but the best thing to do, IMHO, is to get a breakdown of all the numbers that will go into the OTD --out the door price-- from your dealer. I'd tell him to give you his best deal and tell him you are going to shop it around. Tell him, if you find a lower price you'll be back to him to match it, if you want. Then fax or email the exact car and OTD price to a few dealers and tell them to beat it if they can.
#22314 of 32216 Re: Price quote for 2009 Accord LX-Auto [srq5363]
Nov 08, 2008 (8:28 am)
I'd tell him to give you his best deal and tell him you are going to shop it around.
Few dealers if any will play that game.
Tell him, if you find a lower price you'll be back to him to match it
And no dealer will believe that line.