Last post on Dec 10, 2013 at 1:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda Accord, Coupe, Sedan
#31215 of 32216 Re: 2014 Honda Accord EXL 4 cylinder [moesobo]
Sep 19, 2013 (4:39 am)
To add to Brian's point, since you are already getting a great sale price with your USAA discount, dealer A knows he is not going to be making much money off you. That's why he mentioned the dealer holdback just to confuse you and make you think you are getting the best deal.
You can read more about dealer hold back here: http://www.edmunds.com/car-buying/dealer-holdback/
Keep the lines of communication open with all dealers and then name your price at the end of the month.
For future reference, if you plan to reach out to more dealers make sure they list the price of all the accessories and dealer add-ons separately.
#31216 of 32216 Re: 2013 Honda Accord EX-L lease question [jonesing4car]
Sep 19, 2013 (4:44 am)
You should check out the Honda Accord Lease Questions Forum: http://townhall-talk.edmunds.com/direct/view/.ef9da10
Fyi, stating the monthly payment is of no help to anyone without providing the sales price of the car that was used to calculate the lease payment, and also proving the fees that were included in the calculations.
#31217 of 32216 Re: 2014 EX-L NY Area [mistersc]
Sep 19, 2013 (5:30 am)
Read up some of my previous posts such as #31033 and apply some of the advice provided: http://townhall-talk.edmunds.com/direct/view/.ef006d2/31032#MSG31032.
Although Honda is not offering any flex cash on 2014 models, you might be able to get a good deal at the end of this month.
Did you try getting internet quotes by going to some of the dealer websites? If dealers ask you to come into their dealerships, put them on the spot and ask for their BEST PRICE that would entice you to buy a car today. If the dealer still wants you to come in, hang up the phone and move on to the next one.
On the other hand, if the dealer takes the bait and names his/her price over the phone, make sure you get all that info in writing with their OTD price listing the following info:
1. Sales price of the car without any incentives
2. Dealer doc fees (I believe they are capped at $75 in NY)
3. Title and registration fees
4. Any incentives?
5. OTD price
There are few forum contributors who have bought cars in NY recently. Just search some of the previous posts for the names of dealers who are prepared to offer the best price.
After you have gathered all the info you need and are ready to buy the last 2 days of the month, when reaching out to dealers you should say something on the lines: I will buy today for $XXXX below invoice. It will put the ball in their court and show that you are a serious buyer.
#31218 of 32216 Re: 2013 Honda Accord EX [bigdaddy930]
Sep 19, 2013 (5:15 am)
You could have financed the car and taking advantage of the $500 Flex cash and paid it off after making a few payments.
Congrats on the purchase and enjoy your new car.
#31219 of 32216 Re: Honda 2014 EX-L NY Area [brian125]
Sep 19, 2013 (9:14 am)
Thank you. You've helped many people here and hopefully i will be able to get my car soon. I will wait until inventory rises in NY.
#31220 of 32216 Re: 2014 EX-L NY Area [bluemkn57cars]
Sep 19, 2013 (9:18 am)
Will do as you suggest and reach a few more dealers. Thank you for the great advice. Month end is approaching fast and will be ready to lock up.
#31221 of 32216 Re: Honda 2014 EX-L NY Area [mistersc]
Sep 19, 2013 (10:13 am)
You are in a good position to Negotiate with many dealerships and wait til you get YOUR target price. Bluecars.... has posted first hand knowledge and real time buying experience with his purchase last month. He played the game to the T and he secured a very good deal. Read thru this board and make notes and write down all dealerships that people recommend with good pricing / no games or drama with dealerships. These are the dealerships you may want to target if they are in your driving range..
Your advantage is you do not need to buy this month. Here is my suggestion.
read my prior posts, 30550,30558,30575, 30642, 30660, 30682,30723, which ever one talks about contacting dealerships on line thru internet managers read and apply it... Start your negotiation process on the 2nd to last day this month ending all negotiation with meeting your price to buy the last day of sept..
NY/ NJ is not selling like other area's.
If you email/ call as many dealerships as your willing to travel you just may get 500 below invoice price this month. Sept ends the 3rd quarter for all car companies dealerships looking for sales numbers will deal alot cheaper than earlier in the month.
If pricing is not where you want to go........... wait til next month.
There is no need to step foot into any dealership unless you agree on a selling price and verify all otd charges. Sit in the comfort of your house and see what dealers are willing to meet your price. The reason buying this way works is You are putting each dealership on the spot that moment telling them i buy right now for this price. No game playing , No BS, Its Yes or No, or A Small COUNTER OFFER from that dealership. You have the buying leverage on these days.
You have nothing to lose this month and alot to gain if you find those dealerships selling at months End..............Good luck
#31222 of 32216 Re: Accord EX 2013 vs 2014 pricing experiences this month? [brian125]
Sep 19, 2013 (2:10 pm)
Thanks again for the input.
I've gotten several competitive quotes, hovering about $1700 below invoice for the 2013. I could probably haggle another $100-$200. It's in the range of what I'm willing to pay.
Inventory feels low around here. I have a lot of dealerships, but it feels like most have only a handful of cars. It's hard to say since I don't know their stock, but most places mention having only 2-3 colors available (I'm agnostic on color).
It's turning out that my end-of-month will be very busy with work. Based on all of this, do you think it's worth waiting until the end or just buying right now? If waiting saves me only $200, then it won't be worth it due to a lot of reasons. But if the wait could yield about $400, then I could wait. What do you think? I'm leaning towards pulling the trigger even though the spreadsheet geek in me wants to wait.
#31223 of 32216 Re: Accord EX 2013 vs 2014 pricing experiences this month? [gil123]
Sep 19, 2013 (2:28 pm)
AT 1700 below invoice dont risk losing your model/ color. End of the month may not get you anymore off that already good price due to his limited stock.
Post after you buy your deal with city/ dealerships name.
Good job Gil
#31224 of 32216 Re: Accord EX 2013 vs 2014 pricing experiences this month? [brian125]
Sep 19, 2013 (2:38 pm)
Thanks for the reply. I've still got a little more work to do, but will definitely post after I get the car.