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Prices Paid: Buying & Leasing Experiences Honda CR-V Prices Paid and Buying Experience
7548 messages, Last post on Aug 29, 2008 at 10:50 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| Does anyone know if there is any predictability to when Honda offers special financing rates for the CR-V? I remember back in March they were offering 2.9% for all their vehicles, but I haven't seen anything else since then. I talked to a salesperson last week who said their best rate now is 4.99% for well qualified buyers and 5.49% for the "college grad program" (which I would probably use since I just graduated in May). I would like to be able to get one by October, but I could wait if I know they will have specials toward the end of the year. | |
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Replying to: onemoretime (Aug 01, 2005 9:41 am) |
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Replying to: turtleshell (Jul 31, 2005 7:57 pm) Going Out for Business Sale
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Hey all! My husband and I are about to purchase an EX Automatic when we get our cash lined up..no financing. We test drove the EX at two different dealerships last weekend..even though we knew we were not ready to buy it right then, I went through some of the negotiation process. I had my CR pricing so had "wholesale" and knew that is what I would want. I also had gotten a few internet quotes previous... So there are 4 honda dealerships in less than 20 mile radius from my house..if I expand out to 40 miles..you can add another 4-5..so I have alot to choose from. I have a Civix Ex sedan I bought in 98 and had a good pricing experience with that. So..here is what happened when we test drove two Ex's last weekend. Dealer #1- old man came out of showroom looking a bit disheveled, walked us all the way to the back lot where they had quite a big selection of cars back there. When we aksed to test drive, he had to walk all the way back to get the key! Doh! We told him exactly what color and trim we wanted..he should have had the key..and it was well over 90 degrees! Not a good experience to start! SO we drove and went in the showroom and I asked him what his best price is just to see what he would offer and he walked me into his office, pulled out his dealer invoice of $22,268 and said that was his best price. I know wholesale was 21,465 so I asked if he could do any better...he said no.. I said are you sure? He said no better. We said okay and walked out. I was quite shocked that he didn't even try and offer us a few bucks..just let us walk. They must do alot of business, even with two other honda dealerships less than 10 miles in either direction down the same highway!! oh well! 2. On the way home, we decided to stop by the agency a few miles from the house and where we get our civic serviced and we walked on the lot with only a few cars on the lot..and there was a Silver Moss EX sitting all by its lonesome on the lot. Leaving my husband by the car, I walk up to the showroom where three salesmen were leaning on a car jib jabbing and I said "which one of you bored salesman wants to sell me that EX over there for $21K? After they all laughed, one of them walked me over to the car..then he walked me to his sales manager and handed me over. He then showed me dealer invoice which I knew I didn't want and I told him an agency 15 miles down the road(not the one we just came from) gave me an email price at $21,400..can he give me $21, 300. He did. That was as far as the negotiation went. Since we did not have the cash in hand..and wouldn't for another week..we stopped there and told him we would call when cash was in hand and hope that car was still on the lot. He said he could probably pull from another dealer. So..if I can get it..I at least got $21,300. Now this car, if we get the exact one, had the factory installed protection package(tire, wheel locks, mud flaps, cargo tray) he said he would give us for an extra $230(he said his price was $300) I couldn't confirm this as I didn't have any option prices from CR. Not sure if this is good or not. So..this price does not include TTL, destination or any other charges. We won't get any of the extras financing people like to stick with you.. So..given that CR showed me 21.465 for wholesale and I got him down to 21,3k..is this as good as it can get or can I do better? I won;t know if I get any factory extras until we know which car we will end up with. We are pretty set on the Silver Moss...but it is not a deal breaker..
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Replying to: maygoddess (Aug 02, 2005 2:08 am) No such thing as "factory installed" nothing on that list is installed at the factory. These are dealer add ons. Tires are standard on all cars. Wheel locks are $30. Mudflaps are $40. Cargo tray is $75. All are dealer accessories, NOT FACTORY INSTALLED!!!!! Even though he gave you a $21,300 they will charge you $300-$500 "processing fee." When was the last time you saw a secretary making $200/hour? Also, the $21,300 is called "low balling" read the "confessions of a car sales man" her eon Edmunds.
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Replying to: maygoddess (Aug 02, 2005 2:08 am) 2) Are you trading the Civic? If so, negotiations start all over again.. 3) Why do you think a dealer would sell you a car for less than his cost? Is he going to make it up on volume? ....  I truly hope you get this car for $21,300, but the smart money is betting the other way.. regards, kyfdx
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Replying to: seca (Aug 01, 2005 2:51 pm)  Saw one in local newspaper from one of the local car dealer: "Filled Bankruptcy, need CA$H…" |
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Replying to: turtleshell (Jul 31, 2005 7:57 pm) |
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Replying to: blueiedgod (Aug 02, 2005 5:28 am) Also..can you tell me how you know the pricing for these items. When I bought my Civic in 98..the CR pricing report included pricing on all the extras and options so I knew what to negotiate for..this new CR report for the CR-V lists all the options, but just says standard or dealer..no pricing. So it sounds, based on your pricing above of $145..that the $230 "wholesale" price is still high. And believe me, when I bought the Civic..I went over the extra charges with a fine tooth comb..and did not pay any extra fees above a destination charge and the TTL. He won't sneak any "processing fees" by me..or I don't get the car. Thanks!
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Replying to: maygoddess (Aug 02, 2005 9:52 am) You can figure the cost of the accessories that way... Add a reasonable amount for installation, then ask for that price.. regards, kyfdx
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