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Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
24566 messages, Last post on Dec 02, 2009 at 10:27 AM
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Please read the blurb at the top of the discussion so you know what sales information may be posted and what may not. One item that is not allowed is salespeople's names. This information is also covered in our new feature, Rules of the Road, which is linked at the top of the page. If anyone has any questions, please feel free to email me. |
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Hi All I have a plan to buy Accord EX(4Cylinders)-Leather without Nav. MSRP is $24790.00 and Invoice is $22357.00. What is the reasonable price range (before tax) for EX-Leather? It sounds like stupid question but this is my first time buying a new car. It will be very helpful for me if you guys give me some advice on the deal and price. Thank you so much and have a great day! |
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Got my accord ex Leather automatic Advertised at $21,000 (including dest. chg)+ $53.odd change doc fee Nothing hidden. Long drive but good experience. Dealer was $1357 below invoice. Salesman was pleasant and not pushy. Focused on finding us what we wanted. Finance guy was good too, just laid out what we was supposed to and went on when we said no thanks. Patient while we read the fine print, looking for the gotcha. Couldn't find it. This place cleaned and prepped the car while we did the paperwork. Salesman was very focused on making sure that we knew all of the systems and maintenance stuff after we bought the car. These guys work soley on sales comm. Will go back agin if I need another Honda.
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Replying to: alexdc (Apr 30, 2004 8:57 am) is less than $50.Don't buy one,refuse to pay for one already installed, if salespeople insist then don't buy the car".- Over the years I've seen this sell on cars for $149-$900.There is only one other higher profit scam,the "Fair Market Value",M.S.R.P. IS MARKED UP $500-$3000. |
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Hey All, I picked up my EX V-6 from Hendrick Honda in Woodbridge, VA on friday. I concur with danwashdc, it was a great buying experience, no hassles, quick and easy. 2004 Accord EX V-6 w/o Nav, Graphite Pearl $23956 sale price plus I had them add the rear wing spoiler for $588 (originally quoted as $690, I don't know if I could have gotten a better deal but I'm happy with it. Includes installation) Just over $24500 OTD. I'm very satisfied with the price and the buying experience. jruff, by the way, I looked at the EX V-6 with Nav and it was a little under 27k OTD ($26800 or so, I think). But that's in No. Va. so the difference in price may be due to that. Good luck to all you buyers out there and thanks to everyone for the help! |
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Replying to: h0udini (Apr 30, 2004 12:41 pm) a new car can have up to 7500 miles and still be sold as new by the dealer as long as it has never been titled. Have you had a dealer do a search of inventory in your region, or adjacent regions? I'd keep looking. |
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Just bought an Accord V6 with navigation on Friday evening, and wanted to share my experience. Edmunds forums, by the way, have been invaluable for me; in car buying, knowledge is crucial! I'll spare you the details of how I decided on the accord; suffice it to say that I tried about 10 different makes/models over the past month over a wide price range, and I thought the accord was not just the best value, but also provided all the luxury+techie goodies that I wanted. I decided to use the email/fax attack method to buy the car in the CA bay area. I combined knowledge from fool.com's car buying guide (http://www.fool.com/car/car.htm?source=PFinAg), as well as posts on this board, most notably musicboy's posts (see post #4404 for an index of his excellent posts). I won't post the entire email I sent out here, but I think the major ideas to keep in mind when doing this: 1) Decide exactly what you want before you start this. Know the model, trim, options, etc. Have a couple of color preferences in mind. Specify everything as clearly as possible. (In my case, I had already decided on the accessories I wanted - auto dim mirror, deck lid spoiler - and asked them to include these as well) 2) Ask for out the door (OTD) bids. This is the only number that makes sense to compare. Make sure they itemize all costs. 3) Specify a time constraint on the dealers, to show them that you are serious. I think serious buyers get more serious quotes. Timing this for the last week of the month is a good idea, although probably not entirely necessary to get a good deal. 4) As musicboy has suggested, you don't need to specify a price. As it turned out, the deal I ended up getting was well below even a more aggressive price that I had in mind. No need to limit possibilities beforehand. The idea with the email/fax attack is to commoditize new car buying: let market competitive do the work for you, so to speak. I emailed about 15 dealers in the bay area (in some cases I used the dealers' online submission forms). Within a day, I had about 3-4 quotes, one of which was very aggressive. Somewhat dismayed by the low yield, though, I faxed about 6 other dealers the next day, indicating on the fax that this was my second attempt to contact them. I also indicated the current low bid that I had received. Within a couple of hours, I had received an excellent OTD quote (from Dublin Honda - btw I got a very positive impression from them) that was about $500 below my previous best. This quote was well below my goal price (my goal price was essentially invoice - holdback + accessory costs matched with internet resellers costs). I gave a few other dealers that had given me quotes a chance to match the price. Some of them gawked; a couple offered to match/beat the price if I came into the dealership with a copy of the bid. I had heard negative feeback from people who had bought from one of them (Autowest Honda Fremont if you are interested), so I decided to give the other dealer (Capitol Honda in San Jose) a chance to beat the price since they were located much closer to me. My experience with Capitol Honda was overall very good. They did, as they promised, match and beat the bid by $100, pretty much no questions asked. If you are interested, I can provide you with the name of the internet salesperson I dealt with; very straightforward in their dealings. The real fun came with the finance manager; but first, let me detail the deal I got: Car price: $24,733 (V6 w/nav, includes parts/install for auto dim rearview and decklid spoiler) Alarm: $485 Extended warranty: $900 (7 year, 75k) Tags, taxes, etc: $2308.20 (8.25% tax) OTD Price: $28,471.20 I am ecstatic about the price I got on this car. The dealer estimated accessory parts/install at ~$700 - probably an inflated estimate, but assuming it is reasonable, I got the V6 w/nav for about $2000 under invoice. The finance manager, unfortunately, was not as honest as my salesperson (misleading and manipulating the buyer is part of their job, I guess, so probably not specific to this dealer). He first claimed that they only offered 4.9% on the v6 accords; when I showed him a pre-approval for a 2.99% loan from a credit union, he "called his director" and was somehow able to get me a 2.9% loan for 60 months. He then pushed the extended warranty for $1595, which I thought was exorbitant. I was eventually able to get him down to $900, by telling him I had heard of people getting the warranty at that price. Along the way, there were several stops, and, of course, in each case "he was only making $50" or "he had a special coupon (that he can only use once a month!)" or something to that effect. Probably still not a great deal on the warranty, but a decent compromise. Where I probably lost out was on buying the alarm system. The basic problem here: despite the extensive research I did on this car, I did NOT DO ENOUGH RESEARCH on the alarm beforehand. I did not know what alarm came stock on the v6, so I could not evaluate what I was buying. And he took advantage of that. Of course I want some kind of security protection for my car. However, I now understand that the alarm I bought is essentially just a shock sensor (for window breakage, door handle jiggling, etc) that will make noise. The stock alarm will detect if a key with an invalid id chip is used, and immobilize the engine (basically cut off fuel supply to the engine, I believe). The salesperson mislead me to believe that engine immobilization was added in the system I was buying. That's my understanding of the differnces; if anyone has more detailed info, please provide it. I probably overpaid by a couple of hundred dollars on the system I bought. Overall, I'm very happy with what I got, and I'm very happy with my car. INFORM YOURSELF before buying a car - forums like edmunds are invaluable for this. Also, I think this is a good time to buy, pricing on accords is very aggressive right now (at least in the bay area). Anyway, hope this has been helpful. Can't wait spending the next few weeks getting to know my car!
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| Any news on if there are incentives this month for Accords? | |
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FYI for those interested. just got accord EX V6/with Nav/leather, metallic black with ivory int. selling price: 25,500 trade in: 4500 tax: 1260 title/registration/clericalfee/NJ fee/etc: 202 TOTAL OUT THE DOOR: 22,462 probably could have gotten better if I hadn't opened my big mouth and mentioned a trade in at the beginning! oops!
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Replying to: jpat1 (May 03, 2004 4:31 pm)
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