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Honda Accord Prices Paid and Buying Experience

29850 messages,  Last post on Jun 17, 2013 at 12:49 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 2853 of 2986

#28519 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [ar831] by blueiedgod

Feb 19, 2013 (9:12 am)

Replying to: ar831 (Feb 19, 2013 8:30 am)
I recently purchased a 2013 Honda Acord EX.
  
 I “traded in” my 2010 Honda Crosstour lease that I owed 8 more payments of $391 on for a total owed of $3,128. There was no positive equity in the vehicle.
  
I have a 561 credit score (horrible credit because of my divorce)
I put $1,500 down
I got a 9.49% interest rate for 72 months
Vehicle price including accessories, delivery and installation charges: $26,399.92
Plus 6% tax, transfer of tag, 6 year or 72,000 mile warranty, 5 year tire warranty, tinted windows for a total of $29,262.03
Payments come out to $535 a month
  
Did I get a good deal?
 
Yes, a very good deal for the dealership!

#28520 of 29850 Re: Honda dealerships will never lose money [brian125] by jipster

Feb 19, 2013 (9:19 am)

Replying to: brian125 (Feb 19, 2013 8:07 am)
Let the manager ring that bell again.. Good job Honda.
 
Lol. He setting off fireworks on that one.

#28521 of 29850 Help me I am upside down by blueiedgod

Feb 19, 2013 (9:19 am)

There used to be a board for "Help me, I am upside down on my car loan"
 
Financial down turn seems to have all but eliminated the ability for people to keep buying cars without having positive equity in their current one, or cash to break it even.
 
It seems like the economy is picking up and, based on a few recent posts, we will be having more people posting on the "Help me I am upside down on my car loan" in the near future.

#28522 of 29850 Re: First time car buyer [blueiedgod] by cristeevee

Feb 19, 2013 (9:21 am)

Replying to: blueiedgod (Feb 19, 2013 9:07 am)
The friend that I brought with me told me that I should and after 8 hours in there, the dealer said I had two minutes to decide. Like I said first time car buyers, I gave into pressure. I found out I could've just prechase it later instead of paying for its interest now. And it's just 1,500.

#28523 of 29850 Re: 2013 V6 EX-L no navi OTD $ [pegasus17] by blueiedgod

Feb 19, 2013 (9:23 am)

Replying to: pegasus17 (Feb 18, 2013 12:43 pm)
That V4 is hard to find; i doubt he'll go lower...
 
Let me tell you about the Honda V4. I had one in the 1983 Honda Magna, it had a V45 enigne with a 6 speed sequential transmission. It went 0-60 in 3 seconds!!!! It was faster than a Porsche 911 Turbo.
 
I can only imagine what a V4 30 years later will do.
 
If someone finds an Accord with a V4, they should grab it, and pay no matter what the asking price is, as long as it is not crippled by the automatic. those engines rev to 15,000 RPM, I am not aware of any Honda automatic, conventional or CVT capable of operating at 15,000 RPM.

#28524 of 29850 Re: First time car buyer [cristeevee] by blueiedgod

Feb 19, 2013 (9:28 am)

Replying to: cristeevee (Feb 19, 2013 9:21 am)
The friend that I brought with me told me that I should and after 8 hours in there, the dealer said I had two minutes to decide. Like I said first time car buyers, I gave into pressure. I found out I could've just prechase it later instead of paying for its interest now. And it's just 1,500.
 
8 hours? They should be paying you!
 
Was your friend there to help you? Has the friend had any experience buying a car? Did you or the friend read any of the guides on here on car buying?
 
What would have happened if you had just walked out after 8 hours?
 
Read the warranty documents. Hope that it is Honda Care, and if it is not, hope that it has Cancellation policy. Follow the policy to get your money back. Some states also have recission laws. Check your state laws.
 
Yes, lots of reading ahead. But, that is the only way to learn. You could have avoided the situation you got into by reading ahead of time. So, now you just have to read more to help you un-do what has been done.

#28525 of 29850 Re: First time car buyer [cristeevee] by islover

Feb 19, 2013 (9:39 am)

Replying to: cristeevee (Feb 19, 2013 12:40 am)
first of all - i don't see the need for the rudeness on this forum to this girl and others! people come here for help - not to be put down or insulted! if you really feel the need to be mean people - do it somewhere else...
 
CHRISTEEVEE =]
 
we bought a honda accord a couple months ago (in south Florida - not sure if this is where you are also) and we were also FORCED by the dealer to take the Honda Care Warranty with the sale - they would NOT do the sale without the extended warranty - period
 
no smart ass replier before me - they did not "hold a gun to our head" but they did force us to take the warranty with the deal, because this is where they - the dealer and finance person - make $ - we asked repeatedly for it to be removed - but they would not do it
 
also - we asked the finance "lady" about removing it before we even signed the paperwork - she LIED TO US and said "sure, after you make 3 payments - come see me - i'll take it off for you" as if she was doing us a favor... please... we are NOT stupid! if we had listened to her and waited after 3 payments, which would have been way over 90 days because the first payment was put out 45 days - then we would be screwed and stuck - and of course - SHE would make her $$$ !
 
we went home and did our own research and immediately called Honda Care - thank goodness we learned after that we could remove it - and now i can share this great advice and finding with you CHRISTEEVEE!
 
on your contract, or with your paperwork, is the phone number for Honda Care - all you have to do is call them and tell them you don't want the warranty - they fax you a form (or mail it if you don't have fax) - you sign it, fax it (or mail it) back to them - and they remove the entire amount from your owed loan balance - yes, it is that easy - we did it (you have 60 days from the date of purchase to cancel the Honda Care warranty - it is stated on the back of the paperwork)
 
we were charged $1040 for a 60 month warranty we did not want - when we removed the Honda Care - which took them about a week - very quick! - it removed $1040 from our loan amount
 
so think of it this way: you paid $28200 for your car
                                           paid $ 2300 for your Honda Care warranty
                                                -- remove it
                 and you actually paid $25900 for your car =]
 
this doesn't change the amount of your payments - but will mean that you will pay your loan off sooner!
 
depending on what your monthly payment is - and your interest rate - you can calculate it yourself when your loan will end
 
i know you are a first time buyer - but please do not feel badly - we bought our 29th car and this happened to us also. we drive a hard bargain - and we got it - but dealers are vicious sharks who will do anything to make their $$$
 
do you really see yourself keeping this car for 8 years? that's an awful long time...usually when you are young, you will not keep a car for 8 years - and you won't need the warranty - most things are covered under the regular, no cost Honda warranty that comes with your car anyway
 
if you have any questions - and if you are financed with Honda Financial Services - just call and ask them - we are financed through them and they are extremely nice and helpful in every call we have made - including when we cancelled the warranty - they did not give us a hard time at all
 
GOOD LUCK CRISTEEVEE
 
hope that i have helped you through what we went through as well
=]

#28526 of 29850 Re: Honda dealerships will never lose money [brian125] by islover

Feb 19, 2013 (9:51 am)

Replying to: brian125 (Feb 19, 2013 8:07 am)
i'm guessing you work for Honda and are a "salesman"
 
right?
 
didn't your mother ever tell you "if you don't have something nice or helpful to say, then say nothing at all" ???
 
obviously not...
 
yes, Honda dealerships, and every other auto dealer will never lose money - because even if they sold cars at below invoice - they still make the dealer hold back and dealer cash incentive from their parent company - only seasoned car buyers know this, do all their research and bring proof with them to the dealer, and can negotiate great deals (although many more people can do it these days thanks to the wonderful internet full of information for those less fortunate or less experienced)
 
this girl was a first time buyer - does that mean she should get mercilessly screwed by the Honda dealership and the "salesmen" and "finance" people just because she is inexperienced? NO!
 
wouldn't it be better for her to have a positive experience with the dealer where she did not feel screwed or taken advantage of so the next time she buys a vehicle she would WANT to return to the dealer instead of being afraid to do so?
 
i don't know what's wrong with you people in the auto industry, but you think that intimidation and scare tactics are going to work to make people want to buy your product or trust you?
 
it doesn't work - it scares most people into never wanting to go back to you - or to experienced people - pisses them off
 
why don't you try being a little nicer?
 
you know, doing it the old fashioned way - kissing a customers ass - as you should do - because it is them who are paying your salary!
 
another adage for you: "you get more flies with honey than you do with vinegar"
 
ring that bell
 
enjoy your day =]

#28527 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [blueiedgod] by ar831

Feb 19, 2013 (9:53 am)

Replying to: blueiedgod (Feb 19, 2013 9:12 am)
blueiedgod can you please explain why so I can contact the dealer and let them know that I am unhappy.
 
Thanks!

#28528 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [ar831] by isellhondas

Feb 19, 2013 (9:55 am)

Replying to: ar831 (Feb 19, 2013 8:30 am)
It's hard (for me) to say what kind of a deal you got but you really buried yourself. Hopefully your new Accord will suit your needs for a long time.
 
With thoe lease payments I'm sure there was negitive equity in that Crosstour and that 1500.00 down payment wasn't enough to cover the gap.
 
So they rolled that into your new car.
 
With a 561 credit score, most conventional lenders wouldn't touch you so they financed you through a secondary lender. Not surprised at the rate they charged you.
 
Then you bought an expensive warranty and whatever a "tire warranty" is...never heard of that one!
 
Whew!

Messages Page 2853 of 2986

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