Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
6663 messages, Last post on Jul 03, 2008 at 4:59 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: cvista (May 23, 2007 6:22 am) Yes, I had a feeling it may not work, just gave it a shot. The auto-flex guy got back, with "Those cars are selling like hot cakes, and the best I came up with is $2.5K below MSRP". I rejected it. Then, we were chatting for a bit on what I want in the vehicle - and he suggests "I suggest a Volvo XC-90. I can get you one for $8000 under invoice, but you have to buy the car through us for that kind of deal". Should I be wary about these people, or is there some incentive going on like that? Not to bother this thread too much, I will go read the Volvo thread for a while. Best regards, - MS. |
|
|
Replying to: malyel (May 23, 2007 9:33 am) Can you tell me which dealer you bought from? Also, did you have a trade and did you finance through them (if so, what rate)?
|
|
| Car Sales in Louisville drop in May because of the Derby. It appeared to me and a friend of mine at work (who is shopping for an Acura TL) that they need to make some sales this month. Just a little note to those who might be willing to travel to Louisville. | |
|
Replying to: stevem7 (May 23, 2007 11:51 am) I prefer not to mention the dealership by name. However, reading my advice it should be pretty easy to figure out where I bought it. |
|
|
Replying to: malyel (May 23, 2007 9:33 am) Model: Tech/Ent Packages Color: Nimbus w/Taupe Accessories Intalled: Roof Rails, Cross Bars, Running Boards, Side Body Molding, Cargo Tray, All Season Mats, and Wheel Locks Cost: $41425 Invoice + $670 Destination $153.81 Dealer Profit (Don't ask me how we came to this number!) $2000 For Accessories (15.6% off accessories) Total Cost = $44248.81 After Tax, Title, Tags, Processing Fee, OTD cost is exactly $46K. What do you think? Thanks. |
|
|
|
| Is there anyplace that one can go to to get information on Holdbacks and how much the holdbacks (%) are at a given time? | |
|
Replying to: switchrox (May 23, 2007 1:09 pm) There is a spread sheet that I use that better breaks down dealer pricing. I find it very helpful in my negotiations in the past. With the deal they offered you the factory holdback on that MDX paid to the dealer after the vehicle sells is roughly $927 and the dealer profit at the price you have quoted is roughly $1093 or 2.7%. The dealer is also making a good amount of money on the accessories. In my opinion, They should be able to come down at least $600 more. That would give them $500 profit plus whatever they make on the accessories which I am guessing is another $600-$800. With $4 a gallon gas looming, slow summer months ahead and the release of 08's they want to sell the vehicle at that price. |
|
|
|
|
Replying to: malyel (May 23, 2007 1:48 pm) Can you direct me to the spreadsheet that you used. How did you determine the holdback of 2.7% Thanks MtairYordge
|
|
|
Replying to: switchrox (May 23, 2007 1:09 pm) Can you tell me which dealer you have your offer from? I am looking for 2007 MDX Sport with Roof rack and sport running boards. I am in the Phila Suburbs area. thanks |
|
|
Replying to: mtairyordge (May 23, 2007 2:03 pm) The 2.7% was not the holdback but the profit on the deal in addition to the holdback. The only thing I would add about the spread sheet is it recommends a 3%-5% profit. I think that's way too high if you are buying a good amount of accessories. 3% is fair if the vehicle is stock with no add ons. With my MDX the profit on the car was 1.12% but the dealership made money on the accessories. The more accessories you buy the lower the price the car should be. |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2008 Acura MDX
Browse by Board
Browse by Topic
Today's Chats
