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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
7012 messages, Last post on Aug 30, 2008 at 6:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi! I'm currently a 2001 CL-Type S owner looking to trade up to a 2003 MDX Touring with Navi. I've been following the posts here and on other group forums regarding price. I just received this internet quote from my local Acura dealer for $2,650 under MSRP! Here is part of his e-mail response: "As you know, the MSRP on the MDX Touring with Navigation is $ 41,000.00. I am trying to promote our internet sales division, therefore, I am authorized to sell the vehicle to you for $38,350.00 plus tax/title and accessories that you would like added to your vehicle." I think that's a pretty good price! May be worth it for you NJ, PA people to drive the 7 hours or to even have it shipped. I've also been told that certain Texas dealers are coming in around $3,000 under invoice. Not worth it for me now, since they gave me such a good deal right here in Akron. I'll have to wait until Mid-July to get my hands on that beautiful Midnight Blue, though. It seems it's a really difficult color to come by. I know I had a hard time finding even one on all the websites I visited. He even searched a 6 state radius and came up empty. Fortunately, there were 13 on order, so he'll be able to get one re-routed from another dealer. I added the running boards for 669.00 and got them to throw in the wheel locks and moonroof sun visor. I think I did pretty well. Dee |
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| I flew from Memphis to Dallas this past weekend and picked up my new MDX. An easy transaction with McDavid Acura in Plano on Touring Edition w/o Nav or RES, at $2850 under MSRP. They picked me up at the airport and I was driving the MDX away about two hours later after wrapping up the paperwork and going over the vehicle features. Even after paying the $230 airfare, I came out about $1200 better than the lowest price I could get in the Mid-South. They have at least 3 Acura dealers in Dallas area compared to only one in places like Memphis, Nashville, Birmingham, etc. I couldn't get the nearby dealers under $37,400 for the same vehicle. The 8-hour drive back was well worth it and the experience was kinda fun. | |
| Couldn't agree with you more!! | |
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I agree with andrewtran71 regarding the dealer comments. However I think whether MSRP is a fair price is debatable. I paid MSRP back in April 2002. While no one likes paying full asking price...I feel that the market price was pretty accurate for the popularity and quality of vehicle I was getting. At 40K out the door (including tax, title, etc) for a touring it was an easy decision. The comparable trucks, SUVs and wagons all optioned out at about 10K more if not even higher. While the dealers are getting to take a huge amount of profit on these cars and no one likes paying MSRP...when I purchased mine, I feel the market price was about accurate. I agree with never paying over MSRP...and someone who doesn't do their homework and misses out on getting better than MSRP is not getting the best they can...Free market prices have to be taken into account. I had an opportunity to get $500 off MSRP 1500 miles away when I bought mine. A plane ticket and then driving a brand new car 1500 miles seemed like a losing trade...even though maybe I would have saved $300. |
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I would just be much happier knowing I didn't pay MSRP so that I wouldn't feel like the "last soul" to pay MSRP... The other part of it it that paying MSRP early in the production run/model year isn't so bad, as at least you get to be "first on your block", but when you are nearing the END of the model year the sting of "if I waited for the 04s, I could've had XXX feature/option/color" is much sharper. |
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You have no idea who I am or what I do, so please do not attack me as some scum bag car sales simply because of my opinions. I think some of us are in title to our opinions. The reason I know bits and pieces of the car business is because I used to work at Mercedes in customer service. So therefore I know some of the cost that are involved for the business. The advertisement cost might seem high, but that's because every ad needs to be sent to a lawyer to make sure everything is in regulation before it gets printed. I certainly don't agree with selling/buying the car above MSRP when the market is no longer demanding such. There are always people who are trying to take advantage of you, no matter the profession. That's why we as consumers need to be more educated when it comes to such a big purchase. Acura does have many different model that they could sell, but besides the MDX and TSX, what other models could they "try" to sell at MSRP? I was only trying to point out that buying a vehicle as popular as the MDX, you're going to pay a fair price for it. Just try to remember the sales rep needs to make a living as well. They do after all spend 2, 3 hours or even longer to sell and go thought the vehicle with you. Put yourself in their shoes and try it on for size. |
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You wrote: I was only trying to point out that buying a vehicle as popular as the MDX, you're going to pay a fair price for it. I understand the point you are trying to make. Buyers set the market price for a vehicle. The buyer determines what is fair by actually buying. I suspect most would not buy if they felt the price was not fair (definition: fair = getting a good value for the money spent). For some, paying well over msrp represented a fair price. These people set the initial market price and because there were enough buyers who felt that way the market price for an MDX stayed at or above msrp for two years. One should not blame a business for taking advantage of the market to maximize profit. Supply and demand is the name of the game. The dealer and manufacturer set the supply side and the consumer sets the demand side. |
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I would have to agree with jderimig on this. This is a free world economy, so whatever the car price bears, then that's what it's worth (in the free world). However, in order for it to work properly, the consumer needs to be informed correctly. And thanks to this board, we are all for the better (the consumers that is). I believe the point of not paying MSRP ever is a good philosophical point, but only applies to the sane person. Out there in a "hot car" market, people will pay higher prices than the 'suggested' price. Call the stupid, but look at all those people buying Superbowl tickets above 'list'....same concept. To each their own, but shame on those 'honest, poor' salespeople who would let a uninformed person buy above market price. But then again, shame on those people on going into the showroom not informed in the first people.... My opinion: Not WORTH MSRP. Just wait a few years and take a cold shower. 
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I agree with montreid on the FACT that the MDX is not worth MSRP. For angel723: I like the MDX a lot, but I do know it's not the best of the best either. I don't like the perforated leather or the synthetic wood trim for a luxury vehicle. I'm just amazed about people paying MSRP or above MSRP for an MDX. The point I was trying to say was that there are dealers out there, specifically in Texas and Ohio, who are selling MDX for $3,000 under MSRP. I live about 170 miles away from Dallas, TX. So if the idiot dealer in Oklahoma will not sell me an MDX for $3,000 off MSRP, I'll just make that little drive to Dallas for that big discount. Everyone on this forum knows about the $3K off MSRP by now. Why the heck should we feel bad about getting $3K off MSRP? From reading your (angel723) post, I got the impression that you don't think we should get $3K off MSRP because you think the MDX is so popular. You are wrong. It is not that popular anymore. And what is it to you if I said we should all get $3K off MSRP on the MDX? Why should you be offended by that? You make it sound like I should be ashamed of myself for wanting $3K off MSRP. What is it to you? |
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The MDX was never really popular in the southern states, especially the deep south. States such as Texas or Oklahoma is American pickup truck country, if you drive a foreign truck in the wrong neighborhood, you may get run off the road. I believe right after the first year the MDX was out, people were talking about discounts in the south already, one just have to look really hard. The demand for foreign trucks or SUV in the south is very low compare to the northeast or the west. And we all know that the higher the demand, the higher the price. |
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