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Prices Paid: Buying & Leasing Experiences Acura MDX Prices Paid and Buying Experience
6666 messages, Last post on Jul 06, 2008 at 4:07 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: juli714 (Apr 15, 2008 1:14 pm) If you are only getting 15% of the gross, you should go work for another dealer...
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Replying to: kyfdx (Apr 15, 2008 1:27 pm) If the dealer's couldn't make money selling cars at $500 over invoice they wouldn't sell the cars at those prices. |
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i got a final price after haggling with several dealers out here for 47,353.14 for mdx w/ent pkg. Does this sound good? anyone!!!!! This is out the door
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Replying to: josheel (Apr 15, 2008 2:26 pm) As a price for an MDX Ent I would say that it's not such a great deal.... Invoice + Destination charge is about $44,300 so you are giving the dealer about $3,000 of profit, or close to full MSRP (about $1300 off of sticker). You should be shooting for a maximum price of closer to about 2% over invoice + destination (or LESS), which would be about $45,300 out the door.
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You've come to the wrong place, Juli! Helping to shape educated consumers is what Edmunds is all about. The salespeople sleep very well at night ( or on the job) as they soullessly soak those unprepared patsies who continue to enter their dealerships. They soak 'em for every dime they can get away with! Those few that have consciences, leave the business. Let me guess: someone in your family sells cars. What other reason could there be to show sympathy? You may be right-offering $500 under invoice for an MDX may turn off every dealer in the state.... BUT, as gasoline prices continue to rise with no end in sight and those thirsty 17 mpg MDX's taking up more and more space on the dealers' lots, I expect some of those "turned off" dealers becoming antsy enough to keep my phone pretty busy!  |
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Replying to: jmpage2 (Apr 15, 2008 2:44 pm)
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I'm in the metro Atlanta area. I have a price for 2008 MDX w/ tech pkg. The best price I have gotten is $40395 (including dest chg) plus $495 doc fee, $42 title fee and tax so my true otd price would be $43,795 true drive off the lot price. Note that this does not include any options such as a roof rack etc... and that this is the base w/ tech pkg, no power lift gate. The doc fee is something every dealer in my area charges Comparing invoice prices, including dest and doc fees I end up just less than $500 over invoice. Please give me your brutally honest opinions.
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Valone1966- By my math (and correct me if I'm wrong) it sounds like you are getting your MDX for about $7 below invoice (before those pesky doc fees which dealers cling to for dear life). Am I correct? I researched invoice on that car to be $40,402. I am in the market for the same car and would consider traveling to ATL to buy it. Would you please give me the name of the dealer you are dealing with? It sounds like a great deal, though it's important to remember, Acura vehicles have a 3% dealer holdback (which would viewed as profit, depending on how long the car has been on their lot). The holdback ($1332.30) plus the doc fee ($495) equals $1827, the dealer is still posting over $1800 in profit on your sale. Some in these forums might have you work the dealer harder in order to dig into some of that $1800, but I personally think that any deal done at invoice price is a good deal. Again, please respond with the name of the dealer you're working with- they may move another unit just like yours if I can get the same deal!
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Replying to: valone1966 (Apr 15, 2008 5:21 pm) I got out the door for $500 over invoice + $300 for the advertising charge, which I felt was the best deal possible as they all try to hit you with the "protection package" also and I had managed to get this price on the color my wife wanted. Sounds like a great deal I don't see any reason you wouldn't pull the trigger. |
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Replying to: josheel (Apr 15, 2008 3:11 pm) In the future provide a complete line item breakdown of what you are being charged. Also, since sales tax varies by area it's best not to quote numbers that include it. It looks like you are saying you are getting the car for $42,600, + 3465.59 for sales tax + 1287.55 which includes title, registration and "documentation fees". |
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