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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 2854 of 2986

#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!

#28529 of 29850 Re: First time car buyer [pegasus17] by islover

Feb 19, 2013 (9:56 am)

Replying to: pegasus17 (Feb 19, 2013 7:53 am)
wow this is such a rude and unhelpful reply...
 
would you want to hear this if this just happened to you?
 
probably not
 
why don't you post helpful advice instead of insulting this poor girl

#28530 of 29850 Re: First time car buyer [islover] by isellhondas

Feb 19, 2013 (10:03 am)

Replying to: islover (Feb 19, 2013 9:39 am)
Not trying to be rude here but I am curious as to how anyone can be FORCED to buy an extended warranty?
 
Just say no and if they persist, simply walk out!
 
I'm sure glad I didn't work in a store like that!

#28531 of 29850 Re: First time car buyer [islover] by cristeevee

Feb 19, 2013 (10:20 am)

Replying to: islover (Feb 19, 2013 9:39 am)
This is exactly what I was looking for thank you so much.

#28532 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [mihink] by islover

Feb 19, 2013 (10:26 am)

Replying to: mihink (Feb 19, 2013 8:37 am)
again, another rude unhelpful post!
 
not everyone can have perfect 800-900 credit buddy
 
your statement is just - well - ludicrous!
 
"9.49% interest! i hope you pay it off quickly - that is the highest APR i have seen on a new car over the last 10 years"
 
i HIGHLY doubt it
 
you must be in the top 20% of the country as far as earnings, tax bracket, and credit score to even make such an uneducated statement
 
not everyone has the luxury of money or good credit
 
this country is still in economic despair - in case you haven't noticed - and divorce, foreclosure, credit card issues, and a host of other problems negatively affect the majority of this country's personal credit scores
 
in actuality this is not a bad interest rate for the credit score he stated that he has
 
depending on the state - they can charge an exorbitant amount of interest
 
in florida - the amount is up to 17.87% - on a new car
 
if the dealer really wants to, he can royally screw you if you need a car
 
so considering this guy got half that rate - it is not horrible
 
why don't you post helpful advice instead of insults?
 
thank you =]

#28533 of 29850 Re: First time car buyer [cristeevee] by islover

Feb 19, 2013 (10:28 am)

Replying to: cristeevee (Feb 19, 2013 10:20 am)
you are so very welcome!
 
glad that i was able to help you
 
good luck =]

#28534 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [ar831] by islover

Feb 19, 2013 (10:38 am)

Replying to: ar831 (Feb 19, 2013 8:30 am)
hello ar831
 
trying to calculate if you got a "good deal"
 
how much did you pay for the extended warranty?
 
tire warranty?
 
window tint?
 
as i just posted in another reply - if you really do not need the extended warranty and do not plan on keeping your car for 72 months - if it is Honda Care you can cancel it within 60 days of purchase and deduct this amount from your actual loan amount. (if you are financed with HFS it will not change your payment amount, just the length of time that you will pay - it will be less than 72 months in your case)
 
if you are able to you could also do this with the tire warranty (not sure as i do not know the terms or company)
 
if you chose to do either of these things, it would actually help you because it could reduce the amount of your loan - and you could then try to get a lower interest rate with someone else in, say, 6 months
 
not sure which state you live in? but here in Florida - if you go to a local credit union 6 months after you purchase your car - and show that you have made perfect payments - they will probably buy the loan.
to help even more - open up a credit union account now and deposit checks or cash and show them you are financially responsible. they will give you a credit/debit card attached to the account also - which is just another way that you can help your credit score - because the credit union WILL report to the credit agencies every month - so potentially you are giving yourself 2 brand new credit items to add to repairing your credit
 
hope this helps =]

#28535 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [islover] by thegraduate

Feb 19, 2013 (11:03 am)

Replying to: islover (Feb 19, 2013 10:26 am)
this country is still in economic despair - in case you haven't noticed - and divorce, foreclosure, credit card issues, and a host of other problems negatively affect the majority of this country's personal credit scores
 
If someone is in personal economic turmoil and has poor credit, buying a brand new vehicle might not be in their best interest. I say this as someone who bought a certified used vehicle for my last car so that I could pay cash for it. No finance charges, just a cashier's check. And no, I'm not from money - I earned a full scholarship to school and have worked since I was 18. I'm now 25. If I were not employed/salaried, I'd not be car shopping again, but my Sonata has over 100k miles on it now and will need to be replaced in the next year or two.
 
Whatever you do, demand a full price breakdown before signing ANYTHING. Price of car + fees + tax + finance costs if there are any. Then divide by your number of months. Check their math.
 
Car dealers are notorious for working based on payment instead of price - that's where they get you.

#28536 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [islover] by ar831

Feb 19, 2013 (11:18 am)

Replying to: islover (Feb 19, 2013 10:38 am)
Thank you islover! You have been very helpful with the credit union idea. I didnt know that they reports to your credit reports for a debit card. I will definately take that into consideration.
 
Warranty is $1,382
 
Tire Warranty - $301
 
Tints - I think around $150
 
I reside in South Florida. I contacted the dealership and they advised that they included the $3,128 that they are paying off for my lease into the total selling price. They way they put it made me feel like im only paying finance charges on the 3,128 payoff and they will pay it off for me but in reality im financing the payoff. They said they didnt make anything on the deal and actually lost $235. They said the selling price of the vehicle is actually 23,000 and change.
 
Thanks for all your help!

#28537 of 29850 Re: 2013 Honda Accord EX Purchase - Good Deal? [ar831] by ejakab

Feb 19, 2013 (11:57 am)

Replying to: ar831 (Feb 19, 2013 11:18 am)
NEVER believe a dealer who complains that he lost money on a sale! They are not a charity, they are a for-(a-lot-of-)profit business.

Messages Page 2854 of 2986

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