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Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
24566 messages, Last post on Dec 02, 2009 at 10:27 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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The price of the car is only a piece of the deal. You have to decide if it is a good price or not based on how much (total cost) it is going to cost you to drive it off the lot. Tell the salesman to work up a sales contract for you including all fees etc.. so that you can see what you are really paying. It is a standard sales contract/retail installment contract form. If the numbers are good for you then sign the dotted line. And don't forget about the stuff (extended warranty, low jack installation, exterior/paint protection, etc..) that the finance person is going to try to add on. You will find this can add up to several hundred or thousands of extra $$ on top of whatever the salesperson quoted or wrote up for you. So when you ask if it is a good price or not just make sure you are asking about the total OTD price that it is costing you to drive away. And remember the bottom line is that it is only a good price until you take ownership. Then it depreciates 10-20% immediately. A car is not an investment. It is an expense. Buy good stuff, get your money out of it then move on. |
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Hi! I have leased a number of Honda's through the years. It's time once again. I've started discussions via internet dealers and have gotten rid of most of them as they wouldn't budge on pricing. There is one now that is willing to work with me. I don't want to blow any deal by going too low as to be unreasonable. Our last messages were as follows: He offered: Make: 2009 Honda Model: Accord LX 4 cylinder AUTO MSRP: $ 22225 ePrice: $ 20200 I came back with: Could we kindly revisit the figures you had previously provided me. Since reviewing info on Edmunds.com it seems that they have been lowered. He came back with: I would like to submit a second offer of $19950 including the destination fee. I then wrote: I appreciate your decreasing the selling price of the car by $250. Is this the lowest amount that you can go? Especially keeping in mind the $750 marketing support. Last e-mail from him is: You've asked me if that was the best I can do--what are you offering? When it comes to taking a loss for the dealership--I will absolutely go to my management team and make an offer on your behalf if I am sure there is a commitment from you. Any thoughts on how low pricing is going in Long Island, NY? I have to get this done, yet don't want to slit my own throat! Thanks! Kaley
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| Just bought a red 2006 Honda Accord EX (had everything but a navigation system) with 16000 miles for $16,750. | |
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Replying to: Sacred34 (Jan 17, 2009 9:08 pm) |
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Replying to: kim100 (Jan 18, 2009 2:51 pm) ar |
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Replying to: kim100 (Jan 18, 2009 2:51 pm) Please, don't get that distraught over a few hundred bucks. I can't answer your question since I'm not in Long Island, but I would say offering invoice minus the marketing support from Honda would be a decent price.
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A friend works for one of the auto auction companies and this is what he pulled off the website for used 08 EXL and EXL V6 prices. The below is what they bought them for with actual mileage and sugg retails EXL V6 Mileage 7431 Paid $21,300 Est Retail $23,500 Mileage 14,862 Paid $20,100 Est Retail $22,300 Mileage 22,293 Paid $18,950 Est Retail $21,000 EXL Mileage 7880 Paid $18,800 Est Retail $20,800 Mileage 15760 Paid $18,100 Est Retail $20,000 Mieage 23,640 Paid $17,350 Est Retail $19,250 |
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Replying to: kim100 (Jan 18, 2009 2:51 pm) I say tell them you can offer $19,250. I don't know NY taxes, but why not go ahead and figure up what ind of "out the door" number would make you happy, subtract from there the taxes and fees you want to pay, and have that be your offer. Getting an 09 for a few hundred beneath invoice minus marketing support is your goal. I wouldn't walk away from invoice minus marketing support if you can get to that number and include "dealer fees' crap... because often, a dealer will get your price to $200 below invoice and then rape you with fees that really go nowhere but in their pocket. Goodluck! |
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Replying to: kim100 (Jan 18, 2009 2:51 pm) |
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Replying to: kim100 (Jan 18, 2009 2:51 pm) my strategy was that I did my research on costs and then I told them the price I wanted to pay. i didn't care how they got to the price, I just wanted the total to be what I requested. I found that the best two places on L.I. with regard to deals and courtesy were Honda City and North Shore Honda. If you email me, I will give you the sales people I dealt with. ps- any dealer that says they are taking a loss is fulll of spit. they're not gonna sell a car at a loss.
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