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Honda Accord Prices Paid and Buying Experience

24558 messages,  Last post on Nov 28, 2009 at 5:00 PM

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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#7693 of 24558
Re: 2005 Accord EX 5 speed Coupe [temj12] by natenj1971
May 16, 2005 (11:00 am)
Reply

Replying to: temj12 (May 14, 2005 9:01 pm)

Thanks for the reply. I am interested in the 4 cylinder/speed combo. I'm just trying to find one (seems a rare combination might have to wait for an 06). I drove a 6 speed/V6 but didn't care for it.
 
Thanks again.
#7694 of 24558
Re: 2005 Accord EX-L V6 Gas Mileage? [mldj98] by pamvan
May 16, 2005 (11:25 am)
Reply

Replying to: mldj98 (May 16, 2005 4:09 am)

We bought an EX-L V6 three weeks ago and are getting 30 MPG on the interstate in rush hour traffic in the Twin Cities.
#7695 of 24558
Re: Price paid in Atlanta [selfshift] by dwynne
May 16, 2005 (12:16 pm)
Reply

Replying to: selfshift (May 16, 2005 10:57 am)

Hennessy has an active Internet department and gives out quotes pretty quick in response to queries. I have no idea how "volume" they are, but they generally have nice prices.
 
Dennis
#7696 of 24558
Re: Got my EX-L V6 w/ Navi on the 13th [kolonya] by alphawolf
May 16, 2005 (5:19 pm)
Reply

Replying to: kolonya (May 14, 2005 6:33 pm)

kolonya,
 
Not on a 60 mos loan. 60 mos loan is 3.9%
 
That's for the 36 mos loan- I believe.
#7697 of 24558
Bottom Line on Dealer Incentives by 750bmz
May 16, 2005 (5:36 pm)
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In speaking with a manager at a local dealership he gave me the bottom line on the incentive program honda is running now. There is no traditional "dealer cash" on Accords, but there is a "Stair Step" program where the dealer gets $750 from honda if he meets his sales goal for the month.
This means that come the end of the month if a dealer needs a few units to make his goal, he will be very motivated. If he has already made his number however he may not be as aggressive.
 
The number I was quoted on a BRAND NEW Accord EX-V6 sedan was
$23,100 plus
Taxes 6%
Tags
Doc
etc
For an NJ customer the # was $25,000 OUT THE DOOR.
This includes the $750 incentive and approx $800 in holdback.
I know he was serious because he presented me with a buyers order with these numbers ($25,000 OUT THE DOOR). I only passed because I wasn't ready to buy just yet, and if he needs to move a unit on the last day of the month I can save another $100 - $200.
 
If anyone else has additional info on this program please share.
#7698 of 24558
Re: Bottom Line on Dealer Incentives [750bmz] by kyfdx HOST
May 16, 2005 (6:43 pm)
Reply

Replying to: 750bmz (May 16, 2005 5:36 pm)

More info on incentives...
 
Car_man, "Rebates, Incentives, APRs - Questions & Comments" #2841, 9 May 2005 7:26 am
#7699 of 24558
Re: 2005 Accord EX 5 speed Coupe [natenj1971] by temj12
May 16, 2005 (7:21 pm)
Reply

Replying to: natenj1971 (May 16, 2005 11:00 am)

It is interesting that you can't find a 4 cylinder 5 speed 2005. The dealer in Cookeville, TN gave me a good deal for the area, precisely because they are hard to move off the lot. They are available in my area, which is the Nashville area.
#7700 of 24558
EX-L, 4cyl manual pricing on Carsdirect by beamin2
May 16, 2005 (9:20 pm)
Reply
I bought the EX-L at a dealer for 21,500 including destination... thought that was a pretty good price (21,900 invoice, less $700 - 3% of MSRP - is $21,200)
 
This was before I heard about carsdirect. The carsdirect price is 20,700.
 
My question: how is the carsdirect price less than the invoice-less-holdback? Is this the volume rebates kicking in? Just how badly did I get screwed?
#7701 of 24558
Re: EX-L, 4cyl manual pricing on Carsdirect [beamin2] by dwynne
May 17, 2005 (5:36 am)
Reply

Replying to: beamin2 (May 16, 2005 9:20 pm)

Invoice - hold back - dealer incentives = dealer makes no money price.
 
Hold back is 3% of MSRP so you can figure that. From March through May Honda has been giving dealers an incentive based on sales goals. The top number was $600 in March, $750 in April, and $900 in May. So if the dealer knows or plans to qualify for the top incentive, then invoice - hold back - $900 + some profit COULD be the price.
 
As was mentioned, not all dealers get the full incentive. I think every one that I talked to in March made it for the $600, but I am wondering if Honda raised the bar since then.
 
You got your car for $400 under invoice, which is normally not bad for a Honda. Without knowing about the incentives hard to drive a better bargain.
 
Dennis

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