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Honda CR-V Prices Paid and Buying Experience

9472 messages,  Last post on Dec 07, 2009 at 12:14 PM

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


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#1630 of 9472
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 9472
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 9472
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 9472
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 9472
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 9472
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.
#1636 of 9472
Re: CR-V SE Buying Experience [isellhondas] by norabill
Apr 05, 2005 (6:53 am)
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Replying to: isellhondas (Apr 05, 2005 5:59 am)

>
 
Oh, yes it does. The in-person dealer offered to sell me the same car at well OVER MSRP! No one should waste their time walking into a dealership without first establishing a price.
 
People must know that they do not have to endure the ridiculous scenario I described when I went in person.
#1637 of 9472
Re: CR-V SE Buying Experience [norabill] by jgreer
Apr 05, 2005 (7:31 am)
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Replying to: norabill (Apr 05, 2005 5:52 am)

norabill, what part of the county are you in?
 
I'm curious because in Southern California, is doesn't seem like CR-Vs are going much below invoice, if that.
 
Poway Honda wouldn't even discuss holdback with me (not that I brought it up, but they asked me where I got my numbers), and claimed to be losing $71 on the deal. But, I knew that if I didn't close the deal, it would mean about $1800 over the life of the loan, so haggling over $300 wasn't worth it.
 
Still, they said they were 17 units short of their quota with only 2 days left to go. I would have thought they'd give on the $300.
 
I'm still happy with the deal though.
 
Greer
#1638 of 9472
Re: Do I understand you correctly? [robgeo] by bigeaux
Apr 05, 2005 (8:21 am)
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Replying to: robgeo (Apr 04, 2005 4:47 pm)

I personally think that getting about invoice is pretty good for the CR-V, based on my own shopping experience in New Orleans metro and other posts I've seen here. My best quotes, from both internet sales departments and in-store, were all at or around invoice. Worst was $600 mark up over invoice, but still well below MSRP. Where things got competitive was the installation costs on the accessories I wanted to have installed, and that's where I found my best deal. If you beat invoice, you're doing very well.
 
Shop around, establish a relationship with both internet and in-store sales, and get some quotes. I called around a bit and eventually, nobody would beat or match the deal I got. Trust is a big issue though - if you think somebody is lying to you just to get you in the store, forget it. Quotes in writing - fax, email - or not at all.
 
Obviously, there's going to be some uncertainty for you, the buyer, in any deal, because you'll never really know exactly how things work between the dealer and manufacturer. So your best indication that you did as well as you could is by comparison to other dealers in your region.
 
2.9%: As far as I know, that was straight from Honda's finance company, so I think it would be hard to find a dealer offering it independently.
#1639 of 9472
Seattle, Washingtonian in search for a CRV...... by jsport
Apr 05, 2005 (11:22 am)
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Hi everyone, I'd like to first say that this forum is awesome with its vasts amounts of valuable information for the informed consumers. Members who have already contributed their buying experiences gave me a great advantage when I encountered dealerships in my local area. However, when I did my own shopping via internet/telephone I was shocked to find that most dealerships in the Seattle area would not sell under costco's price which is about $900 over invoice. My best offer thus far is $700.00 over invoice. I'd like to ask anyone in or near the Seattle if they encountered similar prices. Would anyone like to give me a referral to a dealership with positive experience? At this time, I'm very tempted to start shopping in CA and have the car shipped to Seattle seeing that you can purchase the car at invoice or even under invoice. Any input would be appreciated.
 
Thanks,
 
Jsport

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