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Honda CR-V Prices Paid and Buying Experience

7739 messages,  Last post on Oct 10, 2008 at 3:24 PM

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


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#1947 of 7739
2005 CRV LX FWD by martyh
Jun 02, 2005 (10:15 am)
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We were looking to replace our 1998 Honda Accord LX. We just bought the front wheel drive CRV-LX over the holiday weekend and love it already!
We drove the '04's last year and decided to wait as we were just not impressed since we had the Accord before. I'm so glad we waited. The '05 is much more refined with the 5 spd auto and seems quieter. Power is ample. Not a disappointment at all to go from the old Accord to this CRV now. We got the new color Silver Moss. Its gorgeous and does not show dirt!
Thanks to all the posts on the Edmunds forum, that helped us make our decision. My wife did the pricing research and since it was the end of the month was able to negotiate an unbelievable deal:
Beginning price: $18,055 wholesale value
$515 destination
$299 doc fees
$22 tag transfer
$300 SC Sales tax
Total $19191
They threw in mud guards for another $55 for a total of $19246 to drive it off the lot.
Nice deal huh? This was at Dick Brooks in Greer SC. My wife negotiated the price on the phone. They had to get the car from another dealer since they did not have the color. We had the financing already done with my credit union. When we arrived with our check, they honored the deal with no funny business. We took it for a drive to make sure it checked out OK. It was even better than we expected. We had everything done in a couple of hours and are very pleased with our experience.
We love this CRV. First tank mileage was 26! So far so good!
#1948 of 7739
Re: 2005 Honda CR-V SE (Pewter) in Milwaukee by lumbar
Jun 02, 2005 (2:29 pm)
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Replying to: kyfdx (Jun 02, 2005 6:33 am)

I'm moving to Milwaukee. Beer, brats and cheap SEs?
#1949 of 7739
Re: 2005 CR-V LX AWD buying in NYC [blueiedgod] by dekorai
Jun 02, 2005 (3:45 pm)
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Replying to: blueiedgod (Jun 02, 2005 5:22 am)

Thanks for the insight. Yes, my $7500 earns a months interest 3% in my Vanguard money market account till I use it to pay off the $7500 charged to my Amex, from who I also get back 1%.
The dealer financed me through Honda Financial Services (Honda's subsidiary) and beat the rate I was pre-approved by 3% so I had nothing to lose even if the dealer pocketed 1-2%. Besides, I intend to double my monthly car payments the first six months which further reduces my interest/monthly payments. After that, most of my monthly payments will be baby payments since my wife is expecting (hence we settled for the CR-V)!
This is my first car purchase in the US and with just a 3 year credit history, I don't think I could have possibly done better.
#1950 of 7739
Re: 2005 CR-V LX AWD buying in NYC [dekorai] by dwynne
Jun 02, 2005 (4:55 pm)
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Replying to: dekorai (Jun 02, 2005 3:45 pm)

That is what I do as well, if I am going to finance: I get pre-approved from a bank, credit union, or someplace like Capital One online. Then challenge the dealer to beat the rate for a simple interest loan with no set up fees. If they can, they I don't care if they make a ton of money giving me the loan since I am paying less than with my own financing. If they can't beat the rate or do not want to, then I use my own financing.
 
I have been leasing most of my cars lately, and with Honda having a 0.9% lease rate on the new Accords that is what we did on my wife's new Accord.
 
Sounds like you did really well for your first new car purchase to me
 
Dennis
#1951 of 7739
2004 Honda CRV EX w/auto, 8544 miles, CPO for 21980+TTL, good deal? by mazda6_5door
Jun 02, 2005 (4:56 pm)
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I found a 2004 Honda CRV with 8544 miles on it, it is certified, and they are asking 21980, well below KBB retail and edmunds CPO TMV, so is that a good deal, or can I try to get them to go lower?
#1952 of 7739
Re: 2004 Honda CRV EX w/auto, 8544 miles, CPO for 21980+TTL, good deal? [mazda6_5door] by dwynne
Jun 02, 2005 (5:10 pm)
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Replying to: mazda6_5door (Jun 02, 2005 4:56 pm)

I would not get it at all!
 
Invoice on a NEW 2005 EX is $22,307 and you should be able to get an EX for invoice or a little less. For example, on carsdirect.com using an ATL area ZIP the no haggle price comes up $22,182 - which is just a little more than your USED CR-V price.
 
The 2005 is a MUCH more desirable truck as well, and should be worth a good bit more down the road used. From the Edmund's description of the 2005:
 
What's New for 2005
All models get redesigned headlamps and front fascias along with antilock brakes, stability control, side airbags for front passengers, head curtain airbags for front and rear occupants, strengthened B-pillars (for better side-impact crash protection) and minor interior styling refinements. A five-speed automatic transmission replaces last year's four-speed unit.

 
5 speed tranny VS 4 speed = huge difference is smoothness, extra air bags and stability control for safety, better side impact. Pretty much a no-brainer decision unless you could get the 04 for THOUSANDS less. Then I would only go for it if you just can't afford the 05.
 
Dennis
#1953 of 7739
Thanks by mazda6_5door
Jun 02, 2005 (6:40 pm)
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Hondas can really be had for invoice or less? I thought they always sold closer to MSRP, but I don't know much. I had looked at the 2005 models and priced one out on hondas site, and it was over 25,000 for the base EX with auto and 2-3 extra options like fog lights and security system. But that was obviously MSRP, plus destination. If I can get a brand new 2005 for 22-23000, then I will have to consider it.
 
I just checked carsdirect for my zip code, and the 2005 EX with auto is at 22,567. A mere 587 more then the one I am looking at. I hadn't realized the 2005 got so much new stuff. Although the CPO one will have a longer power train warranty, but I don't think that offsets the cost of all the other stuff the 05 comes with. Thanks for the info. I guess I will probablly hold off and just hope I can get financing, shortly after I start my new job, from somebody.
#1954 of 7739
Re: Thanks [mazda6_5door] by dwynne
Jun 02, 2005 (8:08 pm)
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Replying to: mazda6_5door (Jun 02, 2005 6:40 pm)

Good deal. If post where you live, folks here have listed deals even better than carsdirect - but not by a lot.
 
Dennis
#1955 of 7739
Re: 2004 Honda CRV EX w/auto, 8544 miles, CPO for 21980+TTL, good deal? [ma by dekorai
Jun 02, 2005 (8:15 pm)
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Replying to: mazda6_5door (Jun 02, 2005 4:56 pm)

I think KBB, NADA and Edmunds estimates for used car prices are way over-inflated. Instead, check used car sites like carsdirect.com and cars.com for a few days to get an idea of listing prices and expect to settle at least 10-15% off the asking price.
I was looking for a pre-cert 2004 EX (almost bought one going for $18,700 with 9000 miles) and eventually decided to go with a new 2005 AWD LX after a month of research. I can do without the moonroof and alloy wheels for now which the EX has, and will get the window tint done on my LX.
#1956 of 7739
Doc, license & registration fees in California by ready2buy2
Jun 02, 2005 (8:16 pm)
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can anyone please tell me what is the reasonable range for doc, DMV license & registration fees in bay area? (excluding tax). Also for Honda accord (Honda Care) extended warranty, is $600-700 reasonable?

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