Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
24570 messages, Last post on Dec 07, 2009 at 9:21 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Since the usual advice is to try one's luck during month end for a better price - am wondering if this holds true for the upcoming memorial day weekend. It is the end of the month - but it is also a long weekend. And it may be possible that prospective car shoppers usually use long weekends to shop around instead of going on a vacation - thus nullifying the effect of month end dip(if there is any ) in prices. Any views appreciated Thanks
|
|
|
|
|
Since it seems the factory to dealer incentice varies by region I was thinking of taking this approach. I would offer invoice less holdback, so on a EX auto sedan: Invoice $21,214 Less Holdback 705 (3% of MSRP of $23,515) Offer $20,509 This means that the dealer's profit is the regional factory to dealer incentive. In California and New Jersey this method probably gives the dealer too much profit. However, in the midwest and midatlantic states (I'm in Ohio) where the factory to dealer amount seems to be more of a mystery, this approach might work. Any thoughts or comments?
|
|
|
Replying to: wormaji (May 10, 2005 4:12 pm) Anything other than the last day and they can always hold out hope someone else will buy a car by the end of the month - the last day of the month says "this is it". If they need another sale to hit a goal or reach an incentive, then they will be more willing to give you a better deal. The bad news is if they have reached their goal, they may not want to fool with you unless they are going to make some money. You do need to leave them some profit  With a lot of dealers, this may only net you a hundred or two better deal - if the dealer was already giving you a good price. Dennis |
|
|
Replying to: tweet651983 (May 10, 2005 4:31 pm) I would just see how willing the discount dealers in the area are willing to discount. If their first offer is invoice or less then they are getting an incentive. Most Honda dealers (I have found) have no interest in low profit, high volume type sales. I had a lot of them just ignore me or tell me to "Get lost" - they have no interest in selling a car that cheap. If you have nothing but those kind of dealers in your area, it does not matter what the incentive is you are not getting a deal.... Dennis
|
|
|
|
|
Replying to: dwynne (May 10, 2005 5:40 pm) I'm in an area like that.... no discount dealers. Sent requests to seven dealers in a 75 mile area. Two responses (#1) invoice +$300 (#2) blah blah blah we sell so many that we change prices daily to adjust for market conditions, so come on down and we can talk. Silence from the other five dealers. I'm thinking about using this strategy on the last day of the month. If there is an incentive that would be a $600 to $1,200 profit and should be enough for the dealer to make the sale. I'll keep watching cardirect too!!!!! |
|
|
Replying to: tweet651983 (May 10, 2005 5:52 pm) Also, if the deals are really bad don't be afraid to travel a bit to get a better deal. I take my cars to dealers that never sold me the car all the time, and I never have any problems. Dennis
|
|
|
Replying to: dwynne (May 10, 2005 6:02 pm) 22450 sale price 975 7yr/100k/$0 +TTT
|
|
|
Replying to: 23right (May 10, 2005 7:16 pm) Thanks. BB787 |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Honda Accord
Browse by Board
Browse by Topic
Today's Chats
