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


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#5984 of 24488
Accord sales sliding downward by otis12
Dec 03, 2004 (4:21 pm)
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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
#5985 of 24488
Cross shop against Camry? by ktnr
Dec 03, 2004 (7:19 pm)
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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.
#5986 of 24488
How much over invoice? by bobst
Dec 03, 2004 (7:54 pm)
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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
#5987 of 24488
Re: Accord sales sliding downward [otis12] by skipper53
Dec 03, 2004 (8:06 pm)
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Replying to: otis12 (Dec 03, 2004 4:21 pm)

I suspect there may be an incentive for dealers already out there. I have 3 quotes below invoice.
#5988 of 24488
Re: How much over invoice? [bobst] by 3c3
Dec 04, 2004 (1:09 am)
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Replying to: bobst (Dec 03, 2004 7:54 pm)

Should be how much under, not over. Accords are selling for under invoice minus holdback.
#5989 of 24488
Re: 2005 EX-L AT price in los angeles [junyaoxu] by cheapiam
Dec 04, 2004 (6:08 am)
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Replying to: junyaoxu (Dec 03, 2004 1:34 pm)

Was this a 4 Door? Can you advise the Dealer Name in New Jersey?
 
Your assistance is appreciated
#5990 of 24488
Question for 3c3 by bobst
Dec 04, 2004 (6:20 am)
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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?
#5991 of 24488
Re: Question for 3c3 [bobst] by cheapiam
Dec 04, 2004 (9:59 am)
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Replying to: bobst (Dec 04, 2004 6:20 am)

Right now, it would be difficult not to get a price under invoice for the Accord (not including the new Hybrid). I am still looking, but have gotten prices $300 under. Be careful though, as some dealers pad the contract with unwanted items like etched glass fees, high doc fees, etc.
 
Good Luck!
#5992 of 24488
unwanted items and doc fees by bobst
Dec 04, 2004 (12:28 pm)
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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'?
#5993 of 24488
Re: unwanted items and doc fees [bobst] by 3c3
Dec 04, 2004 (1:12 pm)
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Replying to: bobst (Dec 04, 2004 12:28 pm)

Subtract holdback (3% of MSRP) from your formula. Use $0 for "dealer profit". That should be the maximum.

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