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Honda Accord Prices Paid and Buying Experience

22111 messages,  Last post on Oct 07, 2008 at 6:45 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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#9914 of 22111
2006 EX V6 by tandy_13
Oct 19, 2005 (4:14 am)
Reply

Replying to: dmamsquared (Oct 17, 2005 10:57 am)

Thanks a bunch to all the fellas at this great forum. Its a truly great tool for car buyers. Nobody who is into car buying should miss this.
Took delivery of the 2006 EX V6 4 dr sedan from Bayridge Honda in Brooklyn yesterday. (First time new car buyer!!!)
Breakdown:
Base: 24568
Destination: 550
Tax (NJ 6%): 1507
Dealer processing fee: 45
NJ DMV fee: 275
OTD: $27 K
Actually walked out once because I thought they were overcharging me for NJ DMV fee (around 200 if you do it yourself), but then I thought it is not worth wasting my day off on $100.
Overall pretty smooth experience. They are 10 minutes from my home, called them and made an appointment for a test drive. They didn't have a 06 so I just drove the 05 (had already made up my mind about buying 06).
Had taken internet quotes from about 10 dealers in the vicinity.
Open Road had 24568 (but 300 for processing fee). David Michael's Honda had similar with 139 processing fee. Both had written quotes.
By the way don't even go near Lakewood Honda in NJ. Terrible people. I had gone there with my wife and kid while visiting friends and the guy there wouldn't even let me test drive the car. He told me what was I doing if I wasn't going to buy the car the same day; well, I laughed and left.
Hardly any negotiation with Bayridge Honda, called them after I got all the quotes, asked them to beat it or match it, they agreed to match it (I forwarded emails with quotes to them).
Went to the dealership who broke down the purchase order for me, I paid $100 deposit and told them I would get them a certified check. Signed the purchase order and faxed it to my bank.
After I got the check I just faxed over a copy of my license and got my insurance company to fax over a binder to the dealer.
Had to wait an hour or so while they got the car ready and of course the finance guy wanted to sell me gap insurance, extended warranty, and lo jack. I didn't want any and he didn't push it.
By the way transmission for this car is still built in Japan, everything else is in Ohio (final assembly point). Hope that't not something which would impact Honda's reputation for reliability.
One final question for all the guy out there. Is gap insurance worth the money? Is is usual practice for everybody who finances a car to buy it?
PT.
#9915 of 22111
Gap Insurance... by kyfdx HOST
Oct 19, 2005 (4:38 am)
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..is more common on leases, than finance deals..
 
How much did you borrow relative to the price of the car? Gap insurance only makes up the difference between the replacement value and loan payoff, so it usually isn't a large amount of money that you are insuring... If the amount they are charging for GAP insurance is more than a couple of hundred dollars, it probably isn't a good deal...
 
If you borrowed the entire $27K, then my answer might be different...
 
regards,
kyfdx
Host-Prices Paid Forums
#9916 of 22111
Re: Gap Insurance... [kyfdx] by tandy_13
Oct 19, 2005 (4:48 am)
Reply

Replying to: kyfdx (Oct 19, 2005 4:38 am)

Thanks for the reply.
I financed 25K. So I guess I might as well pay a couple of hundred for the gap insurance.
I got this website www.gap-insurance.com and it offers gap at $299 for all vehicles.
Any input from anybody who bought gap before?
PT.
#9917 of 22111
Re: 2005/2006 Accord Price Quotes...What is Best? [allfiredup] by bmr123
Oct 19, 2005 (7:18 am)
Reply

Replying to: allfiredup (Oct 18, 2005 8:45 pm)

Definitely a no brainer. The stereo changed from a 2005 to a 2006? How did the stereo change? I currently have a 05 EXV6. The stereo isn't too powerful.
#9918 of 22111
Re: open road honda quote too good to be true? [godeacs] by sepa
Oct 19, 2005 (7:33 am)
Reply

Replying to: godeacs (Oct 18, 2005 8:35 pm)

godeacs - If I'm reading it right, looks like you paid just about $1000 over the dealer invoice (including the destination charge), $1371 tax, and then about $230 for title and license, for your 06 EX 4dr 4cyl Auto.
#9919 of 22111
Re: open road honda quote too good to be true? [sepa] by godeacs
Oct 19, 2005 (8:13 am)
Reply

Replying to: sepa (Oct 19, 2005 7:33 am)

Yep, you got the math right. But haven't bought it - a bit out of our price range. Straight forward dealing with these guys though - not the usual game playing and pressure tactics.
#9920 of 22111
Deposit on the accord by capt41470
Oct 19, 2005 (8:46 am)
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Hey guys
Thanks to everyone's good avdice on if I should put a deposit down for my new 06 accord coupe v6 auto I went to the dealership yesterday to put down my deposit. He showed me the form which showed the final price we agreed to. The form that stated a 100% refund if the car wasn't delivered the way I wanted, and I Put it on my credit card. I even had him write down the manufacturers code just to be on the safe side. I feel confident enough that things should be ok. Is there anything else I was missing? Thanks for your help once again!
kevin
#9921 of 22111
Re: Gap Insurance... [tandy_13] by mf15
Oct 19, 2005 (9:13 am)
Reply

Replying to: tandy_13 (Oct 19, 2005 4:48 am)

My son just bought a new altima financed 10K got one year gap insurance through my insurance company Erie for 60.00. Hope this helps. Old Mike
#9922 of 22111
Re: Need Help... [sepa] by stripe1
Oct 19, 2005 (9:46 am)
Reply

Replying to: sepa (Oct 16, 2005 5:32 pm)

SEPA: I have the quote price in front of me, as I printed it out from the computer. It's from Open Rode Honda in North Central NJ. I'm moving to NJ in two weeks. The price is $24,068 + $550.00 (destination)=$24,618 . I'm heading to Sloane Honda this week, and see if they will match the price. The best price that I received from Sloane so far is $25,150, which includes destination. That was before the quote from Open Road. I also like the Acura TL, and I received a price from an Acura dealer on Old York Rd in Jenkintown of $600 over invoice.
#9923 of 22111
Re: 2005/2006 Accord Price Quotes...What is Best? [bmr123] by montognese
Oct 19, 2005 (11:28 am)
Reply

Replying to: bmr123 (Oct 19, 2005 7:18 am)

I believe allfiredup was refering to the stereo differences between the LX and LX SE....namely the 6-disc changer addition.

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