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Honda Accord Prices Paid and Buying Experience

24567 messages,  Last post on Dec 06, 2009 at 8:19 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#5894 of 24567
Do you qualify for 1.9% Financing? by ktnr
Nov 22, 2004 (2:55 pm)
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It's not unheard of for auto dealers to advertise low interest rate financing that almost no one can qualify for. My local Honda dealer provided that American Honda Financial Services is looking for a credit score (Beacon, FICO, Trans-Union, etc) of 720 or higher in order to qualify for their 1.9 % APR promotional financing.
 
However, even if buyers don't qualify, buyers with credit scores above 670 can still get 2.9% financing from AHFS which is still a great rate.
 
In case anyone was wondering.
#5895 of 24567
Re: 05 EX-L w/ Nav 4cly 5 sp [mithros] by tribbles
Nov 22, 2004 (3:41 pm)
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Replying to: mithros (Nov 20, 2004 9:43 am)

I got mine for $200 below inv in CA. '05 EX-L w/ Navi and 5sp Auto.
#5896 of 24567
Re: Do you qualify for 1.9% Financing? [ktnr] by odyssey1
Nov 22, 2004 (4:47 pm)
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Replying to: ktnr (Nov 22, 2004 2:55 pm)

This is very helpful. Thanks you. I know we have a 680 FICO. If we got a co-signer with a 720+ do you know if that would get us the 1.9 financing?
 
Also, anyone have any idea about if we get pre-qualified on the honda finances website how long that pre-qual is good for?
#5897 of 24567
I found out it is very hard to qualify for Honda Financing by clovisguy
Nov 22, 2004 (5:26 pm)
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I was just turned down by Honda Financial Services. I tried to get 100% financing at 60 months for an Accord EXA4 sedan. I didn’t even receive an explanation or phone call from them explaining why, but will receive something in the mail. I was approved by my CU a couple of years ago when I purchased my Toyota Tacoma for up to 40K at 100% at their very best rate. We have a higher income since then and I paid off the Toyota in only two years and have a very low almost paid for mortgage payment. I might consider reapplying with my wife on the application first since she has 20 years on her job. I only have 10 and putting 2K down payment. When we bought our 12 year old Accord Honda Financial Services turned us down for financing too, no matter how much we would put down. We were approved however by GMAC at their A tier financing without any problem. If I have too I’ll wait until next year and use our credit union again and hope that Honda has a dealer incentive to help lower the price and replace the low interest rates advertised to the consumers. Also, the new Nissan Altima is looking better all the time.
#5898 of 24567
2005 lx coupe good price ??? by sharifsm
Nov 22, 2004 (6:32 pm)
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is 19,300 incl dest. a good price for lx coupe
#5899 of 24567
Re: Accord LX 4dr Auto [ctyankee] by omc92
Nov 22, 2004 (7:59 pm)
Reply

Replying to: ctyankee (Nov 22, 2004 1:31 pm)

ctyankee:
 
MI sales tax is 6%, and since I transfered a plate, I paid $23 for title and registration.
#5900 of 24567
Re: Do you qualify for 1.9% Financing? [odyssey1] by omc92
Nov 22, 2004 (8:07 pm)
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Replying to: odyssey1 (Nov 22, 2004 4:47 pm)

I got approved on internet and actually used the certificate at local dealership. It is valid for a month. I guess that you only need to re-apply if it does expires.
#5901 of 24567
Re: LX Auto Sedan - Pricing in CT, NY, and MA [ctyankee] by tcvb22
Nov 23, 2004 (5:15 am)
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Replying to: ctyankee (Nov 22, 2004 10:17 am)

Did you show the CT dealers your written quote and they said that they wouldn't match it?
 
I got an OTD quote for an EX V6 for $26,286 from cars direct but am still doing a little more checking around (outside CT)
#5902 of 24567
Re: Do you qualify for 1.9% Financing? [omc92] by odyssey1
Nov 23, 2004 (7:53 am)
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Replying to: omc92 (Nov 22, 2004 8:07 pm)

OK, we went ahead and applied online and got approved. I faxed this to our dealer and he said it should be "no problem" to get the 1.9% financing. I hope that is true--our FICO is not 720!
 
The deal we negotiated is $23,700 +TTL for an EX-L with Navi. Anyone do better? Tell me quick while I still have time to negotiate!
#5903 of 24567
Re: LX Auto Sedan - Pricing in CT, NY, and MA [tcvb22] by ctyankee
Nov 23, 2004 (8:31 am)
Reply

Replying to: tcvb22 (Nov 23, 2004 5:15 am)

I didn't show the CT dealers the quote but asked for their best deal. Then I told them I could get it for less somewhere else so why would I give them more money? I felt a little bad doing it but I had to force myself because I'm sure they would screw me if possible. One lowered his price by $200 when I got up to leave but it still was $830 less than my best price. After I left I didn't feel so bad, after all it's just business and I should shop and get the best deal I can.

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