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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
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Replying to: thecat (Oct 21, 2005 12:08 pm) Good luck! |
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Replying to: thecat (Oct 21, 2005 12:08 pm) CRV's are in short supply and high demand. They sell for what they are worth. What you consider a "reasonable deal" made no sense to that dealer when he knows it'll sell quickly to someone else. Just the reality of the market. Unlike a lot of the other manufactures, Honda doesn't pad the MSRP so they can show you a big "discount". On a SE CRV, there is only about 1800.00 between the invoice and the MSRP. Funny, people come here to get the "TMV" on a car and then they still want to pay less? |
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As someone who's income is directly connected to getting as much for a vehicle as possible your take on this is in diametric opposition to mine as a buyer. Car dealers are the ones that created this "lets make a deal" system. If that were not the case all cars would have a no haggle price and that would be the end of it. Your seeming offense at my position is disingenuous. I'm just trying to play the game you guys created. So, there is nothing funny about a buyer attempting to get the lowest price they can. Again, the TMV is an average price. That means that 1/2 sell for less and 1/2 sell for more. I want to pay less and apparently many people are paying less. BTW, the difference between invoice and MSRP is closer to $2k but that doesn't include dealer holdback, and who knows what other incentives there are between the factory and the dealer. You tell me, what is a reasonable profit for a dealer to make on this vehicle? Like I said, if I can't find the deal I want .. maybe a Honda CRV just isn't the car for me. |
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Replying to: tcasboy (Oct 20, 2005 11:37 am) Just a thought. |
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Replying to: thecat (Oct 22, 2005 6:52 pm) But holdback has never been a profit center ... it goes to offset the cost of the standing inventory ... most stores are lucky to offset 80/90% of their floorplan expense ..... so your point is.? Terry.
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| Terry - I simply identified some of the known profit that a dealer makes. Holdback is one of them. I realize that every business has operating expences. That is why I asked the question "You tell me, what is a reasonable profit for a dealer to make on this vehicle?" | |
BTW - I just checked the inventory of the dealer in question. They have 13 - 2006 CRV's on the lot.
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Replying to: thecat (Oct 22, 2005 6:52 pm) I think you missed my point...what a dealer may have paid for a car has nothing to do with that car's market value. I do agree with you. I hate the haggling part too. Cars should just sell for sticker and then both of us would be happy! |
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Replying to: rroyce10 (Oct 23, 2005 6:33 am) If these people had ANY IDEA of our operating expenses, just to open the doors every month, they would be shocked. You and I do know and that's why we get a bit testy when people rub holdback in our faces!
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Replying to: thecat (Oct 23, 2005 7:10 am) We are the largest dealer in the state where I work. If you "checked" my inventory right now I would probably show 13 too. In reality, I probably have 8 or 9. That is a VERY slim inventory! |
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