Last post on Dec 12, 2013 at 6:21 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda CR-V, Wagon, SUV
#12455 of 13106 Re: Honda CRV - EX-L, AWD [bigedfrombk]
Jul 16, 2013 (6:10 am)
Hamilton Honda in Hamilton, NJ
#12456 of 13106 Re: Paying in cash [brian125]
Jul 16, 2013 (6:13 pm)
I looked at posts over the last 6 months and it looks like the discounts increase as time goes on. No surprise there. It looks like the best 2 recent deals adjusting for doc fees were $1,300 and about $1,800 below invoice. Flex and loyalty were then applied on top of this. I netted the doc fee as you suggested so a $1,600 discount with $300 doc fees is really a $1,300 discount.
Given the lateness of the car year, does $1,500 seem reasonable?
And to those who recently got the $1,300 and $1,800 discount, how did you pull that off?
#12457 of 13106 Re: Paying in cash [will123]
Jul 16, 2013 (6:19 pm)
Yes it is................. The more dealerships you get involved the better chance of hitting your target price. If 1500 is not obtainable in your area lower your offer some to make the sale. 2014 models will be on dealers lots in Sept making for some great deals on the 2013 models
#12458 of 13106 Re: Paying in cash [brian125]
Jul 17, 2013 (8:42 am)
Your advise is spot on. The only way to get a fair price is to base the offer on dealer cost plus a fair profit of 3 to 5 percent of dealer cost. Basing a purchase on price, any price like True Car, will usually result in paying too much.
There is often an impact if paying in cash. Dealers feel they make less in the F&I office on a cash deal, so they may not sell as low on a cash deal. Probably best to let them think you are financing, at least until you settle on the selling price.
#12459 of 13106 Re: 2013 crv-EXL awd [dghtrfgd]
Jul 17, 2013 (8:57 am)
You can cancel the extended service contract. That will have no impact on your finance rate or monthly payment. The money will be sent to the finance company and will reduce your principal. In the end you will make less payments.
Important to recognize your financing is not linked to the extended service contract. No finance institution can base the interest rate on the purchase of an extended service contract.
Make sure you do everything in writing. The dealer F&I person will do any and everything to get you not to cancel. Just keep in mind you have the absolute right to cancel. If the F&I person will not work with you demand to see the sales manager or general manager. If necessary tell them you will write to your state's Attorney General. Looks like they lied about the extended service contract and financing. This scam is currently under scrutiny by the Feds. You should be able to google F&I scams to find info. Look under CFPB.
If they won't work with you get the address of the warranty company and work directly with them.
Not sure about the LoJack. If not installed you should be able to cancel.
Jul 17, 2013 (3:31 pm)
Anyone now when to expect the new 2014 CR-Vs? I've heard that they may come out in September, but others say they may come out in August. Would I get a better deal on a 2013 in September (or whatever month the new 2014s come out) or October?
#12461 of 13106 New 2013 CRV Negotation
Jul 18, 2013 (3:45 am)
Good morning. Im in the process of negotiating a 2013 CRV-EX. Have done some research as to what the invoice is on this and I'm coming up with $24,209. Is this accurate. Also...the following is occurring:
-car automatically comes with Lo-Jack. Who thought of this? I have no use for Lo-Jack and the $695 is crazy.
MSRP is coming in 25725 and the dealer has discounted 1696. All said and done, OTD cost is 28,395. Dealer will not show me complete breakdown of costs so I can take off doc fees and other junk fees.
So two questions....1. What is the best way to handle? 2. What is a fair price for this car?
#12462 of 13106 Re: New 2013 CRV Negotation [cl5510]
Jul 19, 2013 (8:01 am)
THE EX AWD model invoice price is $ 24,549 with dest/ charge of $830 brings total invoice price to-----------------$25,379 w .. dest charge
Fair price 1000 below dealers invoice $24,379 plus any rebates and incentives you qualify for which is then minused of the 24,379. Then you add your dmv, doc fee's, and taxes for the OTD price.
As far as low jack find another ex model with out or another dealership.
#12463 of 13106 Buying new CR-V EX-L
Jul 21, 2013 (9:39 am)
I am looking to buy a new CRV EX-L w/o nav r entertainment.
The local dealer here in Iowa gave me a number of "$27,960 plus fees and accessories".
He also mentioned about "Conquest Cash of $500" for owning a non Honda car.
But hasnt really given me a bill of sale or formal out the door price document.
What should I do.
Shall I press him to send me the pricing contract or walk in the dealer ship.
The dealership is about 30 miles from my house and I dont really want to drive all the way and back just so that they can subject me to all sorts of tricks and frustration.
#12464 of 13106 Honda financiang certificate mentions no APR
Jul 21, 2013 (3:35 pm)
I just filled an online application for a Honda CR-V on the Honda financing site.
In a few minutes I got an email saying I have been approved, but I don't find any mention of the APR in it.
I looked at the certificate & even that has no mention of the APR.
Is this normal or does it mean I don't qualify for the 0.9%.