Last post on Dec 14, 2013 at 7:08 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Coupe, Sedan
#28644 of 32247 Re: 2013 Honda Accord EX Purchase - Good Deal? [caryc]
Feb 23, 2013 (11:26 am)
I read your comments thanks for the support and i'm glad i helped you save a few dollars. The main thing is you recieved a good deal. Use what ever excellent advise you took from me and help other buyers down the road.Thats all i ever asked anyone to do in these forums the last 15 yrs.
I keep on posting in this honda forum i now the market is hard right now to get that knock out deal were all looking for. I tried last month and i used 5 states to judge the market.
Above poster is correct MR BEN you are buying a great vehicle and 95% of you will not get 1000 plus below invoice this month. If your ready to buy make your best deal using my price guide North East. By all means try to get that knock out price first. Then settle on your best price. If time is on your side wait another month.
My prior post til stands you need to buy the last day of this month. The market price is 400 to 875 below invoice on most models plus Doc fee's. The Lx and lower end models are selling cheaper.... Dealers have alot more on there lots.. Maybe if you contact the right dealer at months end you might be able to take one off there lot cheaper than i posted. The harder part for you is finding that one or two dealers who will sell it
You can lead a Camel to water put you cant make it drink.
#28645 of 32247 My New hero [mvperez4jesus]
Feb 23, 2013 (11:31 am)
Talk about a squeeze play. We may have to call you "brian126"
20.3k + zero doc + ttl is an excellent deal. Add in the great financing: "Limited Time Offer: .49% APR for 48 months." I don't see how you do any better.
FWIW, anyone can join PENFED; you don't have to be military affiliated. For the genpop, the most it will cost is a one-time fee of $15 to join thru an affiliate. you could save hundreds either using the car buying service or the very low auto loan rates.
"Most everyone else can become a member through a one-time $15 donation to Voices for America’s Troops."
#28646 of 32247 Re: My New hero [pegasus17]
Feb 23, 2013 (11:34 am)
LOL, my thoughts too. Do you still get that .49% rate after getting the pre approved draft at 1.49% ?
mvperez4jesus: That's a great price for the car in the area, if your local dealer even matches it, just pull the trigger and be thankful for PenFed.
#28647 of 32247 Re: My New hero [whatcar2buy]
Feb 23, 2013 (11:37 am)
The 0.49% APR rate is online only. If you have money, their CD rate is 1.90% APR for a 4 year CD. You can actually make a net gain (post-tax) on the car loan, just like the old days...
#28648 of 32247 Re: My New hero [pegasus17]
Feb 23, 2013 (11:58 am)
Wait, my PenFed thing is for 1.49% for 60 months. The 0.49% is if u use their online buying service, which I haven't. I may try to see how it works. Maybe I can squeeze that rate.
#28649 of 32247 Re: My New hero [whatcar2buy]
Feb 23, 2013 (12:04 pm)
If my local matches it, i will be there in no time. I call penfed to qualify and then they asked me if i had a family member that it was in the military.
my half brother i said, but i was honest and told them i didn't know where he was (last time was in italy). I also have a cousin but she said it was fine.
I didn't pay the $15 joining fee, so, i only gave $5 for my new penfed account. U can't beat it.
#28650 of 32247 Re: My New hero [mvperez4jesus]
Feb 23, 2013 (12:19 pm)
You guys are really working on something here!!!!
In the nyc area pen fed svc was $590 below invoice.
If i was to change my zip code to boston or M.d would i be entitled to that price there giving me????????????
#28651 of 32247 Re: 2013 Honda Accord EX Purchase - Good Deal? [isellhondas]
Feb 23, 2013 (12:19 pm)
"Brian, I hate repeating myself but dealers pay what they think the trades are worth and rarely stick to "book" prices."
Had to jump in and reply to this with my own experience. I had a Hyundai Genesis Coupe a year or so back. Had it for 2 years and really didn't get on with it. At the time I decided to get rid of it, it was booked at $19,500 and I owed $17,500. I wanted a C-class MB and trotted off to the local dealer. I could tell straight away they didn't like my trade at all. Their offer? Full price for the MB and $15,000 for the Hyundai.
Someone at work mentioned that the Infiniti place over the mountains (3 hours in summer, 5+ in winter sometimes) had a reputation for selling good used sports cars, coupes, convertibles, etc. I hadn't really considered an Infiniti as the dealer was so far away but I have a soft spot for them as I used to sell them. Gave them a call, described the car and chatted about my needs. Long story short, $23,000 for the Hyundai, a G37x with premium and tech packages stickered at around $43,000 for $39,000.
In short, isellhondas is spot on. The dealer will pay what the trade is worth to them. BTW, when I was selling, we would usually offer the "poor" condition price on KBB regardless of actual condition unless it was something we wanted for the lot. If the trade value was really the hot button issue, we would bump it and grab back money elsewhere in the deal.
#28652 of 32247 Re: My New hero [mvperez4jesus]
Feb 23, 2013 (12:26 pm)
I just checked my PenFed target price for my area is $21,293. So, is about $1,000 more than what i have = no savings at all. I wouldn't mind if they were willing to go as low as i got, but othe than that, no point. I will let u all know what i do at the end. Waiting for dealer to respond, thanks.
#28653 of 32247 Re: My New hero [brian125]
Feb 23, 2013 (12:30 pm)
Brian, i m not using PenFed for that purpose, but i just checked and the price dosen't vary at all between PA and MD where i have the offer from. So, not sure if it is worth the shot. But hey, we have nothing to lose to see if they can come down in pricing.