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Honda Accord Prices Paid and Buying Experience

24488 messages, Last post on Nov 10, 2009 at 8:02 AM
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With the downward trend in Accord sales, maybe Honda will sweeten the deal with something in addition to 1.9% financing? http://www.hondanews.com/CatID1000?mid=2004120151841&mime=asc
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I realized this week that I goofed when negotiating the best deal on a 2005 Honda Accord sedan. What I did was cross shop every area Honda dealer against each other. While that’s fine, I neglected to cross shop with area Toyota dealers as well. Consider that MSRP on a 2005 Camry LE-V6 with the side/curtain airbag option is $745 LESS than a 2005 Accord LX-V6 sedan (and that includes 15-inch alloy wheels on the Camry). There is also a Vehicle Stability Control option for $650 that the Accord doesn’t have. Similarly, a loaded Camry XLE-V6 has a sticker $1,270 LESS than an Accord EX-V6. I bet that I could have gotten a price quote on a Camry that was less than my best quote on a comparable Accord. I could have taken that lower Camry quote to my Honda dealer and told him; “Beat this price or I’ll go with the Toyota. I need a reason to skip an important safety feature like VSC that you don’t even offer.” I didn’t do that and I should have. That tactic might not work as well on 4-cylinder models because the Accord sedan’s sticker is anywhere from $175 to $580 cheaper than a comparably-equipped 4-cylinder Camry. Still, you won’t know until you price the competition. It’d be worth the time to send another dozen e-mails to get Toyota quotes you could work into your negotiation. |
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We are looking for a 4-cyl 5-sp EX Accord sedan with cloth interior. We will compute a price like this: invoice + transportation + dealer profit. Then we will add on sales tax (3.1%) and $50 for TTL. How much should I allow for dealer profit? When we bought our Accord in 1998, we added about $250. What do you guys think? Thanks, Bob
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Replying to: otis12 (Dec 03, 2004 4:21 pm)
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Replying to: bobst (Dec 03, 2004 7:54 pm) |
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Replying to: junyaoxu (Dec 03, 2004 1:34 pm) Your assistance is appreciated |
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OK, how much under invoice? Note that I am not offering to pay any Dealer Processing Fee. Do the rest of you agree that I should make an offer under invoice?
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Replying to: bobst (Dec 04, 2004 6:20 am) Good Luck! |
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I am not offering to pay for any options, doc fees, warranty, or anything. I plan to offer invoice + transportation + dealer profit. Then I will add on sales tax + $50 for tag/title. Exactly how much should I add, or subtract, for the 'dealer profit'?
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Replying to: bobst (Dec 04, 2004 12:28 pm) |
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