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Honda Accord Prices Paid and Buying Experience

24479 messages,  Last post on Nov 07, 2009 at 10:18 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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#22602 of 24479
Re: New Honda incentive [blueriver] by rickwjenn
Jan 08, 2009 (9:26 am)
Reply

Replying to: blueriver (Jan 08, 2009 5:01 am)

Blueriver
 
Thanks - this is great! I have heard there is a dealer hold back as well - have you?
 
Seems to me you should be able to get the cars for invoice less the above cash since the dealer has additional incentives.
#22603 of 24479
Re: January Dealer Cash up to $1000 on Accord [rickwjenn] by mplshondadlr
Jan 08, 2009 (12:05 pm)
Reply

Replying to: rickwjenn (Jan 07, 2009 5:16 pm)

It's $1000.00 on V6's and $750.00 on 4cyl's. The guy at RB Honda is both right and wrong.
#22604 of 24479
Just Order 09 Accord Coupe V6 EX-L 6MT with Navigation by rickwjenn
Jan 08, 2009 (12:13 pm)
Reply
Just pulled the trigger on the following:
 
2009 Accord Coupe V6 EX-L
6 Speed Manual
Navigation System
Belize Blue
Black Interior
 
Got it for $27.k + TTL. or $1200 under invoice. Very happy with the deal.
 
Car should arrive in 4-8 weeks from Marysville Ohio plant.
#22605 of 24479
Re: New Honda incentive [blueriver] by contentt1
Jan 08, 2009 (2:56 pm)
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Replying to: blueriver (Jan 08, 2009 5:01 am)

If I wanted to take advantage of the 2008 incentive can I expect to also get a dealer to lower the cost by the 3-4K that a year old model has already depreciated?
#22606 of 24479
Re: New Honda incentive [contentt1] by mplshondadlr
Jan 08, 2009 (5:04 pm)
Reply

Replying to: contentt1 (Jan 08, 2009 2:56 pm)

A car really dosen't depreciate until someone purchases it. In other words, the dealer still owns it for the same value it paid for it a year ago.
 
However, it never hurts to ask.
#22607 of 24479
Re: New Honda incentive [mplshondadlr] by honda00
Jan 08, 2009 (5:38 pm)
Reply

Replying to: mplshondadlr (Jan 08, 2009 5:04 pm)

That is not true. A car will depreciate on a dealers lot whether someone buys it or not. A 2008 is worth less now than it was when it arrived on the dealer lot many months ago, therefore it has depreciated.
 
Nobody would buy a 2008 now unless it was significantly less expensive than a 2009.
#22608 of 24479
Re: New Honda incentive [honda00] by mplshondadlr
Jan 08, 2009 (6:28 pm)
Reply

Replying to: honda00 (Jan 08, 2009 5:38 pm)

Not really. A cars value to a dealership dosen't change. They still own it for the same in 2009 then they did in 2008. The depreciation is in the eye of the customer. Afterall, if they depreciated while on the lot then a dealer would expect the manufacturer to cut them a check for the loss - which (in Honda's case) does not happen.
 
Just pointing out the dealers side. And as I said, it never hurts to ask.
#22609 of 24479
Re: New Honda incentive [honda00] by mikefm58
Jan 08, 2009 (8:25 pm)
Reply

Replying to: honda00 (Jan 08, 2009 5:38 pm)

Thinking logically, I totally agree with you. But as the other poster has said and dealers have said the same to me, it still cost the dealer the same, so his book value hasn't changed and they don't easily mark it down. I couldn't get a dealer to discount even one dollar a demo with 6K miles on it.
 
But "almost" no one in their right mind would pay "new car" prices for a one year old "new" car. However, as soon as a buyer drives it off the lot it's a low mileage one year old used car.
#22610 of 24479
Re: New Honda incentive [mikefm58] by traindriver
Jan 09, 2009 (6:49 am)
Reply

Replying to: mikefm58 (Jan 08, 2009 8:25 pm)

I couldn't get a dealer to discount even one dollar a demo with 6K miles on it.
 
Wow, are you serious? I've often heard that a demo was the worst deal on the lot but your example takes the prize.
 
What kind of car was this? You've stated before that the FL market was rough but this amazing.
 
I've learned a lot from these forums but the whole demo/lot queen thing I don't think I will ever understand from the dealer's perspective.
#22611 of 24479
Re: Just Order 09 Accord Coupe V6 EX-L 6MT with Navigation [rickwjenn] by jitendra1
Jan 09, 2009 (7:42 am)
Reply

Replying to: rickwjenn (Jan 08, 2009 12:13 pm)

Are you in NJ/NY area?
 

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