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Honda Accord Prices Paid and Buying Experience

24566 messages,  Last post on Dec 02, 2009 at 10:27 AM

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


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#7743 of 24566
What dealer cash? by bluewolf
May 20, 2005 (1:18 pm)
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Here in AZ I've got one dealer telling me $600 under invoice, then a dealer much closer to my house (like 3 miles away) is at $250 under.
 
I had no idea about this dealer cash. How much is it and where's the proof?
 
The guy with the higher price sounded easier to deal with on the phone, and of course he's closer. I mentioned the lower price at the other dealer and he said they always sneak up on you with add-ons once you get to the dealership, but that maybe he could meet the deal.
 
I've got an e-mail from the lower price dealer saying no add-ons, just price + tax, lic, doc fee & tags. Window tint if I want it.
 
Assuming he meets the $600 under deal, is that even a great price, or just a fair deal?
 
Do both of these guys have room to work still?
#7744 of 24566
Re: What dealer cash? [bluewolf] by dwynne
May 20, 2005 (1:29 pm)
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Replying to: bluewolf (May 20, 2005 1:18 pm)

There is no "proof", just folks have told us that this month it is up to $900 per Accord. The up to is because it is a goal based reward to the dealer and depending on how much of their goal they meet the more they get per car. The goal can be different for each dealer so we have no way to know how much they are getting per car.
 
Hold back on Honda is 3% of MSRP with no accessories added. So dealer cost is invoice - hold back - any dealer incentives.
 
You don't say which Accord you are interested in, obviously hold back on a DX is much less than hold back on a V-6 EX w/leather and NAV.
 
Seems like others folks in AZ have posted that the local dealers do not deal low, so a search and see.
 
Dennis
#7745 of 24566
Am I getting a better deal? by k2ji
May 20, 2005 (5:48 pm)
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I'm in Hackensack, NJ and have been getting quotes from dealers around the area for a Accord LX 4dr Auto Sedan. My lowest quote is $18150. Is this a good price? Also, I was quoted by one dealer for 6% sales tax, $250 for Motor vehicle, $189 for documentation, $189 Window itching, Tire maintanace $7.50.
  
Anyone purchase recently from this area or receive quotes different from mine? Is this a good quote, or should I be pushing for a lower price?
  
Any help will be greatly appreciated.
  
Thank you in advance!
#7746 of 24566
Re: What dealer cash? [bluewolf] by lorryfan
May 20, 2005 (10:17 pm)
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Replying to: bluewolf (May 20, 2005 1:18 pm)

bluewolf -
 
I took delivery of my 2005 Accord Sedan LX I-4 Automatic Transmission on 3/12/05.
  
I used Open Road Honda's Internet quote price as my bargaining point and a local dealer (Dobbs Honda) in Arizona matched the price.
     
The selling price of the vehicle was:
$17,585 + 515 (destination)
That was $934 under invoice!!!
  
Total = $18,100 + TTL. (doc fee was a whopping $249 +$362 DMV reg fees and $5 for the tire disposal fee)
  
The dealer included pin stripe, splash/mud guards and wheel locks at no extra charge...usually retails for about $200.
  
Deal went down very smootly, no presure whatsoever from the salesman.
  
Car runs great....BTW, I've got the payments, my wife's enjoying the new ride!!!
 
Good Luck.
#7747 of 24566
Re: What dealer cash? [bluewolf] by bzeke
May 21, 2005 (3:47 am)
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Replying to: bluewolf (May 20, 2005 1:18 pm)

Here are three articles that explain how Honda's dealer cash is determined:
 
http://www.autoweek.com/news.cms?newsId=102306 http://www.freep.com/money/autonews/honda30e_20050330.htm
http://www.detnews.com/2005/autosinsider/0503/08/C03-110342.htm
 
I hope they are helpful.
#7748 of 24566
RE: What dealer cash? by chuckf1
May 21, 2005 (4:35 am)
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For someone who will be in the market for a Accord later in the year, the articles you posted bzeke were very interesting and helpful. Thank you for efforts.
#7749 of 24566
Re: What dealer cash? [bluewolf] by markinphx
May 21, 2005 (6:57 am)
Reply

Replying to: bluewolf (May 20, 2005 1:18 pm)

You will not find a smoking deal in the Phoenix AZ metro area.
 
I tried to bargain with 3 dealers:
 
Honda Cars of Mesa
Showcase
Tempe
 
All 3 dealers pump up their profit with a 300$ "doc fee", junk fee.
 
I am going to buy a LX-manual.
 
Mesa was at 17,800-bare no adds
Tempe was at 17,800-bare no adds
Showcase was at 18,000-adds=tint, paint seal, etc...
 
Those were just first quotes, may have been a couple dollars more to wiggle.
 
However that 300$ "doc fee" quickly recovers their margin as it is a junk fee and nearly all pure profit for the dealer.
 
So I said fugg-it, and started getting quotes from LA. Bam, right off the bat started getting quoted 17,300-no adds for the car with only 45$ "doc fee".
 
So I called back all the AZ dealers and told them my bottom line. They played their little dealer games, but nobody could come close on price. All the dealers pretty much just held thier ground and said have fun in Cali.
 
So on the 27th I will be off to LA-Cali to buy my car for $800 less than I could have bought here.
 
Only draw back is I will burn my free tank of gas on the ride home, LOL...
 
Spirit Honda in El Monte will deal you a LX-auto for 18,169. Everyone who has dealt with Spirit on these boards has raving reviews about their pricing and buying experience, open honest and pleasurable.
#7750 of 24566
Re: What dealer cash? [bzeke] by temj12
May 21, 2005 (8:07 am)
Reply

Replying to: bzeke (May 21, 2005 3:47 am)

bzeke, Thanks for the web-sites. Interesting reading.
#7751 of 24566
Re: What dealer cash? [bzeke] by biker4
May 21, 2005 (8:57 am)
Reply

Replying to: bzeke (May 21, 2005 3:47 am)

None of those articles have any better info on specific dealer cash than what was already provided in previous posts. And it seems like some of the dealer cash is regional and changes quite often. I think end of August will be the best time to buy an 05 Accord.
#7752 of 24566
Re: Am I getting a better deal? [k2ji] by dwynne
May 21, 2005 (11:02 am)
Reply

Replying to: k2ji (May 20, 2005 5:48 pm)

$18,150 for the car, destination, and dealer fees would be a good price. Looks like in your deal they are adding $189 for doc and $189 "window etching" which makes this not as good a deal. $18,200 for the car w/destination and dealer fees would be a better price - your price is $18,528 it appears.
 
The other stuff you list sounds like normal NJ fees - but I don't live there so I can't be sure.
 
Dennis

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