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Honda Accord Coupe

1793 messages, Last post on Dec 05, 2009 at 11:33 AM
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I didn't say that the 2003 Accord was or was not worth MSRP. What I said was that to pay more than sticker is ridiculous on a volume midsize model. If you pay MSRP+ for any Civic or Accord, you have enough money to contribute to Vero's "Shakedown to a new NSX fund." So hand over all that excess money... a fool and his money are soon parted, and if it parts to contribute to my NSX fund, then more power to me. If Honda dealers can ask for MSRP+ and people are willing to pay, I'll bet you they could stock Honda lawn equipment too and charge MSRP+ for lawnmowers. And then, if that works, they could sell "near-luxury lawnmowers" at Acura dealerships for MSRP++! 2003 Accord coupe? 2002 Accord coupe is worth MSRP compared to the new model... comparing just rear styling, even. |
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bowke, WHo in the world would pay over MSRP for a Accord??? I have never heard of that. Maybe in the midwest because each Honda dealer is like a hundred miles from the next. Out here in the Northeast, nobody would pay over MSRP for a Accord, of all things! I haven't heard of people paying over MSRP for the most sought after cars like S2000s, & Porsche's. And you're telling me some dealers will charge over MSRP for a Accord??? Gimme a break. As I said maybe it happens in the midwest, and people are stupid enough to pay over MSRP, but that is hardly the norm. And in this economy, I doubt the Accord sticks at MSRP for long. 2002 is not 98 or 93. Both of those years the economy was booming and there was less competition. In 2002, you have competition from many more places, like The Passat, upcoming Mazda 6, as well as from Honda's own Pilot and other cross-over SUVs. |
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First of all, cut bowke some slack. Don't kill the messenger. He's only reporting the news. He's not saying it SHOULD go for MSRP or higher. And I think he's been helpful here. bibbens, no offence, but you haven't met the guy, so I don't think it was fair for you to make that comment about his personality. And I agree with wishnhigh1 that we can't get hung up over the MSRP. Ultimately, the car's merits compared to the competition, and supply and demand, will dictate what the final selling price is. That's why the Odyssey is still selling at MSRP. If Honda has priced it aggressively compared to the competition, maybe it will sell at MSRP forever. Let's say, hypothetically, Honda priced it a bit LOWER than the '02, would people still scream that there is no way they would buy at MSRP? |
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The reality is that the market demand (and negotiation skills of the buyer) will dictate the price, whether it is MSRP+ or -. In all reality, I think it will be hard to find a new coupe below MSRP, at least for the first few months. It all depends upon demand vs. the supply for that area. Like most of you, I hope to be able to get one below MSRP, but somehow I think its going to take awhile. BTW, Honda expects the price of the '03 Accord to increase about 2% from the previous year. See http://www.vtec.net/news/news-item?news_item_id=30718 for article. |
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IM IMPRESSED AT HOW MUCH DIALOGUE MY COMMENTS BROUGHT FORTH! LOL. ANYWAY, HERE IN LITTLE OLD LOUISVILLE, KY WE HAVE THE LARGEST HONDA DEALERSHIP IN THE 7-STATE ZONE...BIGGER THAN CHICAGO, DETROIT, CLEVELAND, NASHVILLE, ETC... THE ACCORD WILL SELL HERE FOR MSRP..WITH THE MAXIMUM ALLOCATION AVAILABLE TO ANY DEALER. 4-CYL. AUTOMATICS AS WELL...SOME MODELS MAY BE QUICKER IN DISCOUNTING THAN OTHERS...FINE...SOME MODELS MAY BE IN SHORT SUPPLY....FINE...BUT MARKET CONDITIONS (EVEN WITH THE "BAD" ECONOMY) DICTATE THAT THE HONDA ACCORD BE SOLD FOR MANUFACTURER'S SUGGESTED RETAIL PRICE (MSRP FOR THOSE THAT MISTYPED ABOVE) I THINK IT FUNNY THAT I, AS A DEALER, HAVE HAD PERSONAL RECORDS SET FOR VOLUME IN THE LAST 6 MONTHS, WHEN THE ...THANKS TO THOSE THAT UNDERSTAND THE RETAIL MARKET, AND SHAME TO THOSE WHO DONT LISTEN...'NUFF SAID I THINK. |
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Honda dealerships in Detroit are offloading their '02 Accord models at invoice, and according to the saleswoman who sold me my S2k (we talk regularly) they expect to hold the same margins on the '03 Accords as they did on '02 Accords, namely, a few hundred to a thousand bucks over invoice. I'm sure bowke's dealership is pretty big, but it's still a tiny dot next to the combined dozen or so Honda dealerships alone that are within 45 miles of where I live. Anyone interested in a Honda Accord should avoid Bowke and consult Troy Honda in Troy, MI, which will sell you an Accord for far less than Bowke. Buy a one-way ticket to the city, spend an evening at the beach up in Port Huron, then drive back to KY in your new '03 Accord that cost $3000 less than it would have if you'd bought it at Bowke Honda. |
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you know, thats pretty funny...im originally from lake orion. im usually up there about a weekend every 2 months, so i think i will check it out...maybe some secret shopping...lol. what is your salesperson's name? email it if you dont want to post it ok? part of the thing in the detroit area is the fact that the "import" doesnt have quite the meaning that it does in other parts of the country...big 3 and all... there are probably about as many honda buyers here in an area of 600k people as there are in the detroit area with 4 mil. different culture, different attitudes. they may have to give a honda away to compete with the big 3 up there...so be it...but dont venture past the yellow areas on your map, or you might just run into someone like me...lol. the whole point is market conditions, bob. as long as there are people willing to pay all the money, we will ask for it. noone will pay all the money for a cavalier or a taurus or a caravan. they will pay all the money on the accord for a period of time. how long? your guess is as good as mine. btw...there is not $3000 of markup in an accord...go to your research sites and do the math...$2445 markup on an exv6. less your few hundred over invoice and i come up with around $2000 less. maybe after the 1st of the year...we'll see...i'll be around, so ill let you all know when i sell my 1st invoice accord. see ya later. |
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but i went car shopping for my friend about a month ago, and i got him an 02 SE sedan for $1200 UNDER invoice, 1hr relaxing negotiation, VERY VERY easy. Oakland Honda in CA, TAHT'S RIGHT! $1200 under invoice in THE BAY AREA. i dunno about 03 when they come out though, but this was my experience with an 02, easy as breathing. anywayz, MSRP will never work for me, no matter where. |
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I encourage all potential Bowke customers to visit a dealership in the Detroit area for a much better deal on a 2003 Accord Coupe, when they become available. Why pay retail or more at Bowke Honda when you can be driving home in a brand new 2002 Honda Accord at an affordable price? Remember, at Bowke Honda, The Customer's Wallet Comes First (tm). The '03 Accord should sell for the 2% markup over the '02 Accord and not appreciably more, since presently Accord sales are slumping. The sedan has been soundly surpassed by the redesigned Camry this year and is in danger of being surpassed by the Taurus/Sable before the end of the year, knocking Accord from #1 to #3 in just twelve months. American Honda, you can bet, is well aware of this. And given how undersized the new Accord is, I think it's going to have a difficult time moving upmarket in price while maintaining a sales presence. The only way Honda will sell Accords at MSRP is by cutting production in half. By all accounts, the new Accord continues to be smaller than the Taurus, Camry and now Altima as well, in terms of front room, rear room AND trunk cargo space. With the emergence of large sedans and crossover vehicles it appears that the big three were on the ball - the American public wants larger sedans and coupes with deeper seats, large trunks and rear headroom, and the Accord has survived by making up for its deficiencies in these areas by featuring superior build quality and value. However, I think people would be hard-pressed to say that modern Accord quality and value are appreciably better than Altima's or Camry's. I suspect the Bowkes of the nation are going to be shellshocked when they find people moving up to bigger, better built, more luxurious Camry sedans for $1000 less than the MSRP Bowke is going to ask for an Accord. "the whole point is market conditions, bob. as long as there are people willing to pay all the money, we will ask for it. noone will pay all the money for a cavalier or a taurus or a caravan. they will pay all the money on the accord for a period of time. how long? your guess is as good as mine." My guess is the first three buyers. And those people will never buy a Honda again after realizing what a dumb thing they let you get away with. Anybody got the name of the largest dealership in KY? I'd like to send Bowke's posts to the manager and ask him what he thinks about his dealers bragging about their high prices on the internet... |
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| THIS HAS NOTHING TO DO WITH BRAGGING ABOUT HIGH PRICES, BOB. THIS HAS TO DO WITH RETAIL MERCHANDISE SELLING AT FAIR MARKET PRICES. THE CAMRY IS A WELL-BUILT, WELL-ENGINEERED CAR THAT IS A VERY GOOD BUY FOR THE RIGHT PERSON. HAVING SAID THAT, IT ALSO DOESNT COME CLOSE TO THE UPDATED ACCORD IN HANDLING AND PERFORMANCE. PEOPLE WILL DRIVE BOTH, AND SEE THE DIFFERENCE. SOME WILL BUY THE CAMRY FOR PRICE DIFFERENCE, AND SOME WILL BUY THE ACCORD FOR A LITTLE MORE FOR GETTING MORE...THATS THE WAY CAPITALISM WORKS, BOB. YOU PAY MORE, YOU GET MORE. IF THIS OFFENDS YOUR SENSIBILITIES, THEN MOVE TO CHINA. IM SURE YOULL LIKE IT THERE. | |
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