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Honda CR-V Prices Paid and Buying Experience

9467 messages,  Last post on Dec 05, 2009 at 9:32 AM

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What is this discussion about? Honda CR-V, Wagon, SUV


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#1626 of 9467
05 LX 2WD by gregoirej
Apr 04, 2005 (2:21 pm)
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Just bought an 05 LX 2WD at Criswell Honda in Germantown, MD.
Price $18,267.86
Frieght 515.00
Tax 939.14
Tags 154.00
 
Total OTR $19,876.00
 
They treated me excellent. No hard pressure on the warranty or any of the other crap. Very good experience.
#1627 of 9467
isell by automatic
Apr 04, 2005 (3:25 pm)
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I love my 05 CRV EX automatic!! Knowing that you work in the Seattle area market, it appears that the number of CRVs in stock at our local dealers is a lot higher than they were in 03-04. Is Honda cranking more CRVs out this year than in the past? Larger inventories may be playing a part in the better (near invoice) pricing we've seen on this board of late. Agree that the market sets the price. I've wondered why our local Seattle market (which is sizable, right?) seems less competitive from a buyer's perspective than, say Houston or Boston. I worked hard and waited to get a deal I could live with and even then others on this board have done $500 better with apparently less effort. Anyhow, the CRV is a fine product and I have almost forgotten about the $500 "lost." I figure I got as good a deal as anyone could in the Seattle area.
#1628 of 9467
Incentives by robgeo
Apr 04, 2005 (4:43 pm)
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What is the chance that a dealer will honor the recently expired 2.9%? Or do I have to wait until the next incentive period? And how long could that be?
#1629 of 9467
Do I understand you correctly? by robgeo
Apr 04, 2005 (4:47 pm)
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Giving some credit to "carbuyingtips.com"...they talk about being able to get much below invoice than you'd think you could. But do I understand that that may not be necessarily true with Honda CRVs? That getting around invoice is doing good?
 
Give me several replies to this, so no one can prove that I'm a dealer "planting seeds."
#1630 of 9467
Re: '05 CRV Special Edition Price Paid [cpick] by robgeo
Apr 04, 2005 (4:49 pm)
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Replying to: cpick (Apr 03, 2005 12:18 am)

What was your out-the-door price?
#1631 of 9467
Re: 05 LX 2WD [gregoirej] by bob05
Apr 04, 2005 (5:31 pm)
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Replying to: gregoirej (Apr 04, 2005 2:21 pm)

I think you got a great deal! If I recall, invoice is $18989 (including freight)
 
What color? I'm guessing blue.
 
Bob
#1632 of 9467
Re: Do I understand you correctly? [robgeo] by jsalz
Apr 04, 2005 (8:34 pm)
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Replying to: robgeo (Apr 04, 2005 4:47 pm)

It depends on the factory to dealer incentives.
 
Around invoice is always good in my opinion for a car like the CR-V. The invoice price minus 2-3% for the dealer holdback is what the dealer really paid. (Holdback is something that the factory pays the dealership after they sell the car, to offset dealer costs)
 
But we never really know about the factory to dealer incentives which is what allows the dealers to go under invoice. Honda is not know for factory to customer incentives like the domestics, I heard somewhere that they've never done that on the CR-V, the most they will do is the low apr once in a while.
 
So basically without knowing the factory to dealer incentives the best you could hope for is invoice or just a little under if the dealer is willing to share some of the holdback he gets. Personally I wouldn't use the holdback against them because its made to help the dealer with the costs of having the car on the lot.
#1633 of 9467
CR-V SE Buying Experience by norabill
Apr 05, 2005 (5:52 am)
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Just bought a CR-V SE. I'm so happy with the choice I made!
 
First, I educated myself with the Edmunds.com and Fool.com websites, very helpful.
 
Secondly, I chose to go via the internet for bids from local dealers. Two of the three dealers were professional.
 
One pretended to be an internet manager, but upon closer look at his "title", it was "Internet Sales LEAD Manager". Watch out for that! We spoke on the phone and he said I should come in. I went in to speak to the sales manager and when I arrived, he refused and stuck me with a young salesman. It was the most pitiful drama I have ever witnessed. Like a bad singer on AI. He literally folded his hands in prayer and begged me to "pray for him" as he delivers this offer to Mr. Manager. We ultimately walked out.
 
These people need to understand that with the internet and consumer websites, those days of Game Playing are gone. The proof is that I was (happily) spared all that with my purchase.
 
My experience with the real Internet Sales Managers were actually quite pleasant and painless. $23600 plus tax and tags. Had the local dealer fax a quote sheet, had a cup of coffee while reviewing in my own home, not a stinky cubicle! Went over to the dealer's later on, met the professional sales manager and signed the deal. No bull about extras I didn't want.
 
My only complaint would be the ding dong that showed us the car, didn't know a thing about it, but that's what owner's manuals are for, and I read it until I, ah, dozed off in bed, the memory of new car smell putting a smile on my face.
#1634 of 9467
Re: isell [automatic] by isellhondas
Apr 05, 2005 (5:55 am)
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Replying to: automatic (Apr 04, 2005 3:25 pm)

That depends. There are times when we have a good selection of CRV's in stock and then we have the times where we just can't keep them in stock.
 
I have no idea what happens in other markets. I hear "prices paid" numbers here that I find hard to swallow, but, hey, I suppose those dealers could give them away if they wanted to. A lot of markets have been basically ruined by dealers who run the full page screamer ads that only serve to cheapen a great product.
 
You love your CRV and that's all that matters. We love ours too!
#1635 of 9467
Re: CR-V SE Buying Experience [norabill] by isellhondas
Apr 05, 2005 (5:59 am)
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Replying to: norabill (Apr 05, 2005 5:52 am)

Well, any salesman can suddenly assume the role of an "Internet Manager" , "Fleet Manager" or whatever and this is what usually happens.
 
Going through the Internet Department does not empower a shopper in any way toward a better deal.
 
Better yet, in my not so humble opinion, ask your friends and neighbors who have recently bought a new car about their experience and to refer you to someone who treated them nice.

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