Last post on May 24, 2013 at 7:57 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Coupe, Sedan
#25566 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [soliloquy]
Sep 22, 2010 (8:50 am)
My first car was a Honda Accord from S*******burg Honda Schaumburg IL ,1991 great car used it for 12 years ,250K miles, was still running, donated it, I am back and want to buy my car again and yes Chicagoland ,seems you are getting $990 below invoice, I think it is a great deal.
Does any one know if the invoice price for dealers are same across the state by the manufacturer?
#25567 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [avichi]
Sep 22, 2010 (9:23 am)
I am sure invoice prices are same for all the Honda dealers in USA for 48 states.
In Texas, Toyota sells cars to the Gulf Toyota Distributor that in turn sells to Toyota dealers in 5 states after adding accessories, so factory invoice is hard to apply here for that brand.
Try the web based American Express Car Buying service it will provide written lowest price quote for a given zip code. By trying different zip codes you can get lowest price if you can travel. Also, any factory incentives to dealer has to be passed on to buyer. Costco service is also a good choice.
#25568 of 29568 2011 Accord Sedan EX-l with nav
Sep 22, 2010 (11:56 am)
needed some advice from the pros. I am interested in getting the 2011 EX-L with Nav in a particular color. This color 'basque red' is not available at most dealers. The local dealer says that you make a deal with me, sign a contract and I will get the car from you from warehouse the next day. Is that legit? \
I am not sure about signing any contract without seeing the car first. What to do in a situation like this?
#25569 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [tcasboy]
Sep 22, 2010 (1:18 pm)
Thank you so much for the great information and advice! I really appreciate how thorough you were. I feel a lot better knowing that I am not being given a raw deal if the dealer sticks with the price he offered me. I will try it your way if the current deal falls through, and go in with my numbers already crunched next time. Eventually, someone may accept:) I am also going to wait until next week to go in ready to purchase since it will be the end of the month and the quotas will need to be met.
Like you, I would have preferred the leftover model, but it has been really hard to find a 2010 V6 model coupe:( That was definitely my initial plan. However, if I can get a great deal on a 2011 I am all for it. Thanks again for helping me with my decision making process. This is the biggest purchase I have ever made and it is a little nerve wracking:) Have a wonderful day!
#25570 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [avichi]
Sep 22, 2010 (1:23 pm)
It's great to hear from an actual owner that Honda lives up to its reputation for longevity:) I plan on keeping my future car for quite some time as well. Now that I know that the offer is a good deal, I think I will be taking the plunge next week!
Thanks again:) Have a beautiful day!
#25571 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [soliloquy]
Sep 22, 2010 (4:25 pm)
I hope that deal works out for you. $1000 under invoice on a brand new model year car in fair demand would be outstanding.
Another method, if you know exactly which car you want (which again is easier with Hondas due to their simple trim levels and lack of options) is to email every dealer within a distance you are willing to travel and ask them to compete for your business by offering you their best price. Allow them to bid for your business. This shotgun method works for some folks as well.
Knowing what the dealer pays for the vehicle and getting a feel for the market demand of that model is key to making a good deal on a car. Just don't let anybody rush you and read all the paperwork to make sure it reflects the deal as you understand it. Get everything in writing to your satisfaction before you hand over the money.
#25572 of 29568 Re: 2011 Accord Sedan EX-l with nav [nirv]
Sep 22, 2010 (4:41 pm)
It can be legit, except perhaps that they aren't going to get the car from a warehouse per se, they are going to find it at another dealer and work a trade or they are going to try to get one allotted to them on their next shipment. Not a big deal, so long as you make sure that the deal is dependent on a satisfactory test drive and that your deposit is refundable if there are problems with the vehicle.
I wouldn't do it unless I had already test driven the exact same model and was absolutely sure that is the car I wanted. The only downside of such a deal (other than it falling through) is that since the dealer knows you are sold on the car and he has to expend extra resources to go get it (time and/or money) they won't be as inclined to give you as good a deal as they might on a vehicle that is sitting on their lot. No big deal, just so long as you are happy with the bottom line knowing that you got the exact car you wanted before shelling out your cold hard cash.
Years ago I ordered a Mustang LX convertible with the 5.0 engine. Red, black top and grey cloth interior. 5 speed manual transmission. Made a great deal, it was my dream car exactly the way I wanted. Car came in a month or so later and I eagerly went down to the dealer to pick it up. Saw it on the lot and was so excited, until I looked inside and saw the leather interior and automatic tranny. I was miffed like you couldn't believe. Guy said he would only charge me invoice for the leather and auto, I told him to stuff it. Took a while, but I got my deposit back and still have never owned a Mustang. I got over it.
Now days, it it were me, I'd get online and I'd find a dealer with that car in the color I wanted and I'd go get it there if we could come to agreement on the price. Most of the time I would bet you would get a better deal that way, rather than having the local dealer make a trade. It might be just a matter of a few weeks before your dealer gets one in in the right color anyway, if you can afford to wait.
#25573 of 29568 Re: Fair Price for Accord Coupe EX-L V6 w/o Navig?? [soliloquy]
Sep 22, 2010 (6:30 pm)
Let me know what happens, I sent out 5 emails with RFQ with detailed pricing and asked them to complete the attached excel sheet where I have asked them to fill in the required numbers, so that I can give them the same opportunity to compete for my business,and at the same time compare apples-apples. Three have responded...keep you updated....
Sep 22, 2010 (8:04 pm)
I live in the Chicago area and am looking to get a new 2010 accord LX-P. I was wondering what a good OTD price for this car would be.
I want 0% apr. and am willing to do 36 month with 3,000 down.
I was thinking 20,000 OTD is a good price. Let me know what you guys think.
#25575 of 29568 Re: 2011 Accord Sedan EX-l with nav [tcasboy]
Sep 24, 2010 (3:12 pm)
thanks tcasboy ..that is a great adv!ice