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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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Replying to: bavenda (May 05, 2004 6:38 pm) Have you tried getting quotes from other dealers? Remember I got the price through their matching policy. |
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Replying to: bavenda (May 05, 2004 6:38 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,
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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!
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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. |
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Replying to: harveythepooh (May 06, 2004 1:21 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. |
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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." |
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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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