Last post on Dec 04, 2013 at 1:23 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda CR-V, Wagon, SUV
#12766 of 13032 New 2014 Honda CR-V LX AWD
Sep 12, 2013 (9:50 am)
Just wanted to share my experience/price paid here. I got a lot of helpful information from this forum before purchasing, so I just want to pay it forward if I can. I live/purchased in Maryland, where the sales tax is 6%. Sorry for all the text, the price breakdown is below.
I started out negotiating with dealerships online, using the method outlined in this website: http://www.findthebestcarprice.com/email-1/
After pitting dealers against each other for a couple of days (never setting foot in a dealership or speaking to anyone on the phone), I got a total, OTD price of $22,808 on a new 2013 Honda CRV LX Auto AWD. We settled on this price, and I had all of our emails in writing. He assured me that the specific car we discussed was on the lot.
I offered this price to other dealers to see if they could beat it, and every single one of them told me that the price quoted was impossibly low, and that I was about to be part of a bait-and-switch scam. The dealer who offered this price refused to give a VIN#, and after speaking with his supervisor I determined that the car he promised me didn't even exist. I told the sales manager that this was a bait and switch, that it was an illegal fraudulent scam, and that I would be alerting the authorities.
This is where things got interesting.
He proceeded to offer me a total, OTD price of $23,729 on a new 2014 Honda CR-V LX Auto AWD. Not the 2013, the 2014. After doing some research I realized that this price was still ridiculously low, so I demanded to have a VIN# or else I would walk. He actually provided one, and it was in the area, so I figured I go to the dealership even though I knew it was too good to be true.
I get to the lot, and the car is actually there. After sitting down with the salespeople, having the price arbitrarily changed to $23,795 and then back to $23,745 (because "i must have misunderstood what he said"), and finally going through financing, this was the breakdown of the final price:
2014 Honda CR-V LX Auto AWD
MSRP: 25025 (24195 + 830 destination fee)
Retail Price: 21561.56
Freight Charge: 830
((Total price of vehicle: 22391.56))
Titling Tax / Registration fee: 144
Electronic Registration fee: 20
Sales & Use Tax: 1355.44
License Fee: 135
Dealer Processing Charge: 199
((Total Charges: 1853.44))
For a total, out-the-door price of $24,245.
The interesting thing is that they applied $500 of what they called "flex money" to the price of the car, which was added to the down-payment that I provided. This wasn't the college or military incentive, just something that they threw in there. So although the OTD price was $24245, my total cost was $23,745.
I think this had something to do with the fact that I had the dealer's fraudulent offer in writing, so they offered me a great deal on this car...just to shut me up. Which is fine by me, because at the end of the day I got a great car at (what I think is) an amazing price.
#12767 of 13032 Re: New 2014 Honda CR-V LX AWD [pluto656]
Sep 12, 2013 (10:44 am)
Did they give you a good rate on the loan? I mean does Honda have any specials on the loan for 2014 models?
#12768 of 13032 Re: New 2014 Honda CR-V LX AWD [ram80]
Sep 12, 2013 (12:04 pm)
The finance rate was pretty sub-par, 3.69%. I have excellent credit and this was the lowest they'd go. The finance manager told me that in order to qualify for that $500 flex money, I would have to initially finance through Honda, but I'm planning on just refinancing through a credit union for 1.74%.
Sep 12, 2013 (12:14 pm)
If you're shopping for a new car and are under 5’2” or over 6’2” please email PRedmunds.com with your daytime contact information no later than Friday, September 13, 2013 to be interviewed by a reporter.
#12770 of 13032 Honda CRV EXL Phoenix Arizona
Sep 13, 2013 (8:03 am)
Hi Just wanted update every about Honda Flex Cash and discount for driving 2003 or newer car both are available as of today.
I got a quote for Honda CRV - EXL OTD or $28,000 here is break up for the price
Invoice $ 26,090 +doc+title 906.02+ sales tax 8% $2,160- flex cash discount $ 1000 = OTD 28,000.
this is the best quote I got sofar previous one I got for $ 28,200.
it looks to me a good price
#12771 of 13032 CRV LX - price paid
Sep 13, 2013 (8:15 am)
Has any one bought any LX 2014 recently? I am thinking of buying and was looking to see the prices paid here ...
Also is there a significant difference between 2013 and 2014 besides the year being the latest.
#12772 of 13032 Re: CRV LX - price paid [sfurqan]
Sep 13, 2013 (9:36 am)
No changes for 2014 CRV, just a carry over.
#12773 of 13032 Re: Honda CRV EXL Phoenix Arizona [bob974]
Sep 13, 2013 (10:16 am)
Is flex cash being offered on 2014 models.?
#12774 of 13032 Re: 2014 Honda CRV EX-L (FWD)
Sep 13, 2013 (1:56 pm)
Thanks so much for replying to me! I have not checked out other dealers just because they all have such awful reviews. I just have no idea as to what a good price is! I wish I could just find a solid number. Also, I am going to pay cash, which I hear they don't really like. I guess I will check out those other dealerships, but by chance do you know what a reasonable price would be? This whole process is beyond frustrating. Thanks in advance
#12775 of 13032 Re: Honda CRV EXL Phoenix Arizona [bob974]
Sep 13, 2013 (2:49 pm)
Is this for AWD or FWD? If AWD then you get a great deal, if FWD
then it is a good deal.