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Honda Accord Prices Paid and Buying Experience

24549 messages,  Last post on Nov 28, 2009 at 12:33 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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#7701 of 24549 Re: EX-L, 4cyl manual pricing on Carsdirect [beamin2] by dwynne May 17, 2005 (5:36 am)
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
#7703 of 24549 Re: 05 accord ex [todd7] by justin4 May 17, 2005 (8:37 am)
Replying to: todd7 (May 05, 2005 11:10 pm) Where in the heck did you get this deal at? Look forward to hearing back from you.   Justin
#7704 of 24549 Re: EX-L, 4cyl manual pricing on Carsdirect [beamin2] by temj12 May 17, 2005 (9:02 am)
Replying to: beamin2 (May 16, 2005 9:20 pm) The reason is that Honda was giving incentives to the dealer if they reached a certain quota. Carsdirect is probably factoring that in. I bought a 2005 EX-L 4cylinder five speed for 21,800 including destination. The dealer fee on top of that was 200. Replies to this message: beamin2 (May 17, 2005 3:22 pm)
#7705 of 24549 Accord LX lease. by passat_mx May 17, 2005 (9:41 am)
For what is worth, here is a copy of the terms of my lease agreement signed yesterday. This is in the Los Angeles area.    MSRP (inc. dest): 21,140.00 Sale Price: 17,800.00 Acq. Fee: 595.00 (rolled in) Gross Cap Cost: 18,395.00 Cap Cost Red: 33.08 (part of a 750 initial payment, see below) Adjusted Cap Cost: 18361.92 Residual Value: 10992.80 Depreciation: 7,369.12 Money Factor: 0.00031 Rent Charge: 327.60 Total of Payments: 7,696.72 Number of Payments: 36 Single Payment: 213.80 Sales Tax: 17.64 Total Single Payment: 231.44    Initial payment of 750.00, distributed as follows:    Cap Cost Reduction: 33.08 Sales Tax on Cap Cost Reduction: 2.73 First Payment: 231.44 Refundable Deposit: 250.00 Initial Registration: 179.00 Document Fee: 45.00 California Tire Fee: 8.75 Total: 750.00    The Accord feels great, and I got a J VIN too Replies to this message: kyfdx (May 17, 2005 10:52 am) kjnorman (May 17, 2005 11:38 am) kyfdx (May 17, 2005 11:41 am) passat_mx (May 17, 2005 11:46 am) prince2100 (May 18, 2005 8:14 pm) kyfdx (May 19, 2005 6:07 am) dwynne (May 19, 2005 8:01 am)
#7706 of 24549 Re: Accord LX lease. [passat_mx] by kyfdx HOST May 17, 2005 (10:52 am)
Replying to: passat_mx (May 17, 2005 9:41 am) Now that is how you do a lease...   Great job!!
#7707 of 24549 2005 Accord Hybrid V6 by bugsndaffy May 17, 2005 (11:15 am)
I recently purchased a HAH in Graphite Pearl. OTD $31,662. That's including the security system & an extended warranty plus all other charges. I did much better than I thought I would. It's tough to get a good deal in the Los Angeles area. And I LOVE THIS CAR!!   Laura
#7708 of 24549 Re: Accord LX lease. [passat_mx] by kjnorman May 17, 2005 (11:38 am)
Replying to: passat_mx (May 17, 2005 9:41 am) What is you annual mileage allowance?   Anyone know what the 36 month depreciation would be on a 36 month 20K miles per year? Replies to this message: kyfdx (May 17, 2005 11:41 am) passat_mx (May 17, 2005 11:46 am)
#7709 of 24549 Re: Accord LX lease. [kjnorman] by kyfdx HOST May 17, 2005 (11:41 am)
Replying to: kjnorman (May 17, 2005 11:38 am) Last time I did a high-mileage lease with AHFC, they used the 15K residual, then subtracted $0.10 per mile for all extra miles from the residual...   Example..   MSRP $20K 3yr/45K residual 60% 3yr/45K residual $12,000 3yr/54K residual $12,000 minus $900 = $11,100..   Not sure if they still do it this way..   regards, kyfdx
#7710 of 24549 Re: Accord LX lease. [kjnorman] by passat_mx May 17, 2005 (11:46 am)
Replying to: kjnorman (May 17, 2005 11:38 am) 15K miles, which is the maximum in the standard lease program. I believe any additional miles you need you either prepay for them at 10 cents or pay after the lease at 15 cents.

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