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Honda Accord Prices Paid and Buying Experience

24560 messages,  Last post on Nov 29, 2009 at 5:23 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#22393 of 24560
Re: Need Help PLS!! [mplshondadlr] by kyfdx HOST
Nov 26, 2008 (12:33 pm)
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Replying to: mplshondadlr (Nov 26, 2008 11:24 am)

So what?
 
The point of agreeing to return the car, is to get the dealer to live up to their promise.
 
If you end up paying more somewhere else.. that's too bad.. but, I'd be damned if I would do it at that dealer.
 
Because.. until you push, you'll never know if they are blowing smoke, and just trying to pull another $500-$800 profit out of the deal.
 
regards,
kyfdx
#22394 of 24560
Re: Need Help PLS!! [kyfdx] by mplshondadlr
Nov 26, 2008 (1:04 pm)
Reply

Replying to: kyfdx (Nov 26, 2008 12:33 pm)

Actually, the dealer makes just a $100.00 "flat" on all subvented rates and they can not mark the rate up to make a profit - if you qualify at 3.9% you get 3.9% no questions asked. Honda will reject and return all contacts that have a dealer markup on advertised rates or special rates. So in this case (I'm assuming on the limited information I have), the dealer is not trying to make more money. They simply were not able to secure the loan at the top tier.
 
I agree there are dealers out there who try to pull a fast one one people. In this case it dosen't stike me as so.
 
To overcome any doubt I would suggest that the person in question ask the F&I guy to see the actual approval from Honda. That should end all doubt.
#22395 of 24560
Re: Need Help PLS!! [mplshondadlr] by kyfdx HOST
Nov 26, 2008 (1:17 pm)
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Replying to: mplshondadlr (Nov 26, 2008 1:04 pm)

But... that isn't going to get him the price he agreed to...
 
I still vote for: "I'm bringing the car back if you don't sell it to me for the payment and term we agreed upon."
 
So... they get a car back with 300 miles on it, or they eat $500 and he gets the deal they promised... I'm betting they eat it.
 
Your way? He is definitely going to be out more money.
 
regards,
kyfdx
#22396 of 24560
Re: Need Help PLS!! [kyfdx] by mplshondadlr
Nov 26, 2008 (2:37 pm)
Reply

Replying to: kyfdx (Nov 26, 2008 1:17 pm)

Ohh - did they change the price on him?
 
I'm sure they'll eat the difference if the guy makes a big enough stink about it. Unless the guy bought the car well into the holdback. Then they'll probably just take the car back if the guy try to "bully" them in to accepting his terms.
 
It will probably go something like this, 'The price is the price, we haven't changed that. While we figured we could get you approved at 3.9% we couldn't. Honda appoved you at 4.9%, here is the approval.
 
(customer)'I'm sorry to hear that. How about this, keep the payment the same with the new rate or take the car back'
 
'I'm sorry but the payment went up with the new approval and I cant make the payment the same'
 
'Well then you can have your car back!'
 
'I understand. I'm sorry you feel that way. We will take the car back. We do however, have to charge you for excess wear - $300.00 should cover it.'
 
'No way! I'm not paying that, you changed the terms we agreed to.'
 
'No sir, we din't change anything. The car is still $22222.00 and you can still buy it at that price. But, bottom line is the lender didn't approve the contact as written. Now about that $300.00, do you want us to deduct that from your deposit?'
 
I will bet the conversation goes pretty close to that. Sad but true
#22397 of 24560
Re: Anyone getting or beating invoice? [szer] by jb_turner
Nov 26, 2008 (6:03 pm)
Reply

Replying to: szer (Nov 25, 2008 1:25 pm)

"I don't agree with your "SAME" OTD statement. OTD contains TAX in which each of us pays a different % based on the state where we lived in. How can the OTD of one state, for eg Oregon with 0% tax be compared with Indiana with 7% tax be compared? Obviously the IN resident will have to pay a higher OTD due to the tax. Your logic is flawed however, it might be better if poster provides a breakdown of his pricing and provide a total, but providing only the OTD wouldn't work in this multi-states forum"
 
If you are shopping for other people I can understand.
If you are shopping for yourself (like the the poster was) the tax rate is consistant so an OTD would matter... We are using a Worldwide forum so we have various opinions however I guarantee that we ALL pay an OTD price.
#22398 of 24560
Re: Anyone getting or beating invoice? [szer] by jb_turner
Nov 26, 2008 (6:09 pm)
Reply

Replying to: szer (Nov 25, 2008 1:25 pm)

"I don't agree with your "SAME" OTD statement. OTD contains TAX in which each of us pays a different % based on the state where we lived in. How can the OTD of one state, for eg Oregon with 0% tax be compared with Indiana with 7% tax be compared? Obviously the IN resident will have to pay a higher OTD due to the tax. Your logic is flawed however, it might be better if poster provides a breakdown of his pricing and provide a total, but providing only the OTD wouldn't work in this multi-states forum"
 
If you are shopping for other people I can understand.
If you are shopping for yourself (like the the poster was) the tax rate is consistant so an OTD would matter.
A dealer can in fact have a car with a lower invoice price however due to junk fees a higher OTD price than other dealers.
 
We are using a Worldwide forum so we have various opinions however I guarantee that we ALL pay an OTD price.
#22399 of 24560
Re: Need Help PLS!! [mplshondadlr] by mikefm58
Nov 26, 2008 (6:21 pm)
Reply

Replying to: mplshondadlr (Nov 26, 2008 2:37 pm)

We do however, have to charge you for excess wear - $300.00 should cover it.'

 
Good point. If my memory is correct, I believe there is a clause in the fine print of most contracts that would allow the dealer to do that. That's why folks always recommend to have your own financing lined up BEFORE going to buy the car.
#22400 of 24560
Re: Need Help PLS!! [mplshondadlr] by kyfdx HOST
Nov 27, 2008 (5:08 am)
Reply

Replying to: mplshondadlr (Nov 26, 2008 2:37 pm)

'I understand. I'm sorry you feel that way. We will take the car back. We do however, have to charge you for excess wear - $300.00 should cover it.'

 
$0.15/mi. is $45
 
Good luck collecting...
 
This is the dealer's risk in doing spot deliveries... Can they charge for use of the car? Yes... Can they collect? Doubtful.
 
When the deal changes, it's best to walk away.. Once that number starts moving up, you are asking for it.
 
regards,
kyfdx
#22401 of 24560
Any delas on ThanksGiving for Accord by rvs2000
Nov 27, 2008 (12:03 pm)
Reply
is there any accord deals on thanksgiving weekend ? if so, pl send me the dealer and price info. thanks
#22402 of 24560
Re: Anyone getting or beating invoice? [vaterp] by infohound
Nov 29, 2008 (8:18 am)
Reply

Replying to: vaterp (Nov 19, 2008 2:06 pm)

Bought Car in Central VA.
Got 500 below invoice on 2009 4dr EXL V6 with/nav
Clean deal no trade ... beware of high doc fees ... max 299 (this is pure profit for them as well)
Start lower and close for 500 less if possible.
They are still making 4-500 on the deal.

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