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Honda Accord Prices Paid and Buying Experience

24566 messages,  Last post on Dec 02, 2009 at 10:27 AM

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


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#4526 of 24566
Re: Low APR Financing? [jruff #4522] by stacey_burke
May 06, 2004 (7:39 am)
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Replying to: jruff (May 06, 2004 7:28 am)

I got this by going to a local dealer and clicking on specials.
 
2004 Honda Accord EXV6 Sedan
 
  
ONLY $24,390 WITH AVAILABLE 1.9% FINANCING
 
 
 
MSRP $26,890 less $2,500 dealer discount, equals selling price. STK # 4A032641.4A052152, 4A047775 in stock at this price. All prices plus TT&L WAC. MODEL #CM6654JMW. Picture may not represent actual vehicle.
#4527 of 24566
Re: Accord V6 w/nav - my experience [bavenda #4519] by figelwump
May 06, 2004 (10:58 am)
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Replying to: bavenda (May 05, 2004 6:38 pm)

bavenda, not sure what to say to that. It's up to you to decide who to believe, and ulitimately it doesn't matter who you believe if they refuse to give you the price.
 
Have you tried getting quotes from other dealers? Remember I got the price through their matching policy.
#4528 of 24566
Re: Accord V6 w/nav - my experience [bavenda #4519] by figelwump
May 06, 2004 (12:50 pm)
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Replying to: bavenda (May 05, 2004 6:38 pm)

Also, bavenda, I would appreciate it if you did not go around brandishing the deal I got to dealers and trying to get them to match it. The idea of my post was to illustrate the _process_, and to show that good results can come from a solid process. Maybe I got a good end-of-the-month deal, maybe there were manufacturer-dealer incentives that were removed for May. Maybe April numbers were good, and dealers are reluctant to deal early in the month. There are a whole host of factors that could affect your experience and final result. Good luck...
#4529 of 24566
An interesting deal .. by harveythepooh
May 06, 2004 (1:21 pm)
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Hello all ..
 
I purchased a new Accord EX-V6 on 4 May 2004 for $23725 + tax, license and documentary fees. This figure is approximately $500 UNDER invoice and included a dealer's "pack" of 3 different HONDA branded accessories for the Accord, which were wheel locks, trunk liner and mud flaps for all 4 wheels. I thought the price was so good that I didn't complain about the pack. The dealer agreed to lower the "asking price" of the pack from $599 to $385, which he said was his "cost". I knew at that time that the actual cost of mud flaps, trunk liner and wheel locks is closer to $200, but I thought the deal was so good that I didn't want to jeopardize it.
 
I used edmunds.com to get an online quote from various Honda dealers in the Southern Cal area. I was surprised that most of the dealers I queried responded with a hard number and that the number was below invoice.
 
If anyone is curious, I got e-mail quotes, below invoice, from Nelson Honda and Diamond Bar Honda. These dealers are in Los Angeles County in Southern California.
 
I am beginning to think that I didn't just luck into a situation, but that this is becoming commonplace. Has anyone gotten deals on the Accord to $500 below invoice in May 2004?
 
This price was also available in April 2004.
 
Regards,
#4530 of 24566
Atlanta, GA buyers by xjones75
May 06, 2004 (2:15 pm)
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I was hoping to get some figures on recent purchases made on EX-V6's in the Atlanta area. I'm in the preliminary stages of purchasing a new Accord and wanted to get a good idea of what deals look like and which dealerships have the best offers. Specifically I'm looking at 2dr EX-V6's w/o Nav system. Anyone with info you think is relevant I'd be happy to hear from you! Thanks!
#4531 of 24566
by anonymousposts
May 06, 2004 (2:45 pm)
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xjones75: While we haven't bought an Accord EX V7 in the Atlanta area recently we have bought 8 new Hondas from various local dealers over the last few years. Our best experiences have been at Gwinnet Place (huge inventory) and Hennessy Honda (bought a car there last Saturday).
 
Team Honda in Lithia Springs and Ed Voyles Honda are close behind.
 
We will never go back to Lanier Honda, although a few people on here have bought from there and have been satisfied. We went there before we bought our 03 coupe and they wanted a crazy amount of money for a car we purchased for invoice at Team Honda.
#4532 of 24566
Re: An interesting deal .. [harveythepooh #4526] by texan
May 06, 2004 (3:17 pm)
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Replying to: harveythepooh (May 06, 2004 1:21 pm)

I purchased my Accord EX-V6 on April 30th for $23642+TTL. Mine also included the dealer "3-pack" and an environmental protection package(2 year warranty). I purchased in Dallas, Texas.
#4533 of 24566
Reply to jruff by musicboy
May 06, 2004 (9:31 pm)
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jruff> If the rebates are out there, why doesn't
jruff> Honda advertise them like everyone else
jruff> does?
 
I don't have a definitive answer for you just a guess. By offering "stealth" discounts through "Marketing Support" (same thing as Manufacturer to Dealer Cash), Honda may be seeking to keep their resale value high.
 
Typically, direct Consumer rebates lower the resale value of vehicles.
 
Also, in some parts of the country where sales are already steady or competition among Honda dealers is weak then the dealer will just keep this additional cash as profit. There is no mandate to pass it along to consumers as there would be as a customer rebate.
 
jruff> But none of those rates show up on
jruff> Honda's website. Nor do the dealer rebats
jruff> that everyone has been talking about.
 
Usually, these "Marketing Support" deals show up here on Edmunds in their Incentive and Rebate section.
 
Between March 15 and 30 it showed that Honda was offering a $400 "Marketing Support" to dealers. Since then I have checked periodically for a similar offering in April and May. I never saw any listed. However I suspect that there was "something" out there because quite a few folks reported on this board getting deals below true dealer cost (Invoice minus Holdback) in April.
 
Perhaps, Edmunds just didn't know of these offers and therefor never posted them. I don't know the answer. I too have seen various postings on these boards saying there is a $200 to $600 "Marketing Support" available at this time.
 
One person said the dealer told them that there was Mfg to Dlr cash available. Getting it from the horses mouth is probably pretty reliable. This of course is to be distinquished from any kind of "dealer discount" off MSRP which is probably just a come-on.
 
Perhaps someone who has had recent contact or is in current negotiations with a Honda dealer can ask them straght out if there are curently any Mfg to Dlr incentives and in what amount and how long they last and then post the result here.
#4534 of 24566
Reply to figelwump [4525] by musicboy
May 06, 2004 (9:38 pm)
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figelwump> Maybe April numbers were good, and
figelwump> dealers are reluctant to deal early
figelwump> in the month.
 
I just read in the Washington Post the other day that Honda's sales were off by 2.4% in April.
 
"...Among Japanese automakers, Toyota rose 10 percent, Nissan Motor increased 14 percent and Honda Motor dropped 2.4 percent."
#4535 of 24566
Hondacars.com Current Offers by aeonpurdue
May 07, 2004 (9:46 am)
Reply
Honda finally updated their website with the current financing offers. Maybe they had to check on Edmunds to see what they were offering.

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