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Honda CR-V Prices Paid and Buying Experience

7592 messages,  Last post on Sep 07, 2008 at 9:29 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#3027 of 7592
For what it is worth: by tcasboy
Apr 14, 2006 (8:44 am)
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I don't think you will ever be happy if you only judge the "deal" you get based on what other people say they paid on an internet forum. Now I am all about saving money and getting a good deal, but you never know what other issues were involved in someone else's deal. Maybe they got 300 under invoice and paid a higher interest rate on the loan. Maybe they got had on the trade. MAYBE they paid cash and had no trade. Maybe they bought a bunch of accessories at a high markup and didn't know it.
 
In short, although it is nice to see what kind of deals people saying they got in different areas, and it is very helpful to get leads on decent dealers and inventory, you have to take some of what you read with a grain of salt.
 
The only way to know what your market will demand for the vehicle is to get out there and find out. Expand your market via the internet sites of any dealer you can reach via email that you are willing to travel to. Send them an email or call and tell them what you are looking for and how much you are willing to pay. If they don't bite, move on. Eventually you will find out what the market will bear and that is what you will have to pay for the car.
 
Car dealers are in business to make money, so I personally don't believe that they will dip into holdback to sell a popular selling model in the middle of the month in the middle of the model year. I don't even worry about what the dealer paid, other than to have an idea of where to start with my offer. I determine what I think is a fair price and I make that offer to any dealer who has the car that I want (and I am willing to travel far and wide to find that dealer, hundreds of miles if need be). They either take it or they don't. If I visit enough dealers and nobody will take my offer, then I consider upping the offer or waiting a little longer for the market to change.
 
I am usually able to get what I consider to be a good deal by using this method. Sometimes a good deal is MSRP, sometimes its 1000 below invoice, but the only way to truely know is to get out there and make some offers. If all the dealers that you are talking to are at about 500 over invoice, I would say that you have found out that the local market is 500 over invoice. For a CR-V, that is still a very decent deal because of the vehicle and the prices of the competition.
 
If YOU are happy with the deal, it is a GOOD deal. You seem like you have the info and have done the homework, now just make a deal and enjoy your new ride!
 
Good luck.
 
TB
#3028 of 7592
2006 CR-V EX 4WD Auto $21,700 Boston, MA by brandloyal
Apr 15, 2006 (4:11 am)
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Paid $21,700 excluding title, tags and tax at Herb Chambers Internet Sales in Boston, MA. This price included the $500 dealer cash incentive which expires this month. That purchase experience was excellent. I test drove the car and 3 hours later drove it home.
#3029 of 7592
Re: 2006 CR-V EX 4WD Auto $21,700 Boston, MA [brandloyal] by kyfdx HOST
Apr 15, 2006 (7:29 am)
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Replying to: brandloyal (Apr 15, 2006 4:11 am)

That is a great price!!.... I paid that for my '02 model, four years ago this month..
#3030 of 7592
Re: For what it is worth: [tcasboy] by isellhondas
Apr 15, 2006 (4:06 pm)
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Replying to: tcasboy (Apr 14, 2006 8:44 am)

A great post!
 
Some people obsess over how much evil profit a dealer may be making more than anything else! Just amazing!
#3031 of 7592
Re: Is this a good price? [brandloyal] by js253
Apr 21, 2006 (6:14 pm)
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Replying to: brandloyal (Apr 12, 2006 11:51 am)

Thanks "brandloyal" $21,700 including destination was they gave me. I went back after reading this blog and got the $500 cash incentive before closing the deal.
#3032 of 7592
Re: Is this a good price? [js253] by brandloyal
Apr 21, 2006 (6:58 pm)
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Replying to: js253 (Apr 21, 2006 6:14 pm)

Excellent! Glad I could help. Enjoy your new CR-V!
#3033 of 7592
How did I do? by hondabuyer3
Apr 23, 2006 (8:40 am)
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Replying to: brandloyal (Apr 21, 2006 6:58 pm)

Just bought a 2006 CR-V 5DR 4WD LX (including $550 destination) for $20,050 (plus tax & title). No extras. Didn't know about $500 dealer incentive at time of buying. How did I do? Based on TMV's invoice price ($20,504 with destination), it appears I'm ~$450 below invoice. Now I'm not so sure it's a good deal though, reading others on this post who paid as much as $800 below invoice!
 
I appreciate any feedback, positive or negative, thanks
#3034 of 7592
Re: How did I do? [hondabuyer3] CRV LX 4WD by northwest1
Apr 23, 2006 (10:02 am)
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Replying to: hondabuyer3 (Apr 23, 2006 8:40 am)

What city are you located in? I am interested in the same model and will be purchasing soon!
#3035 of 7592
Re: How did I do? [hondabuyer3] CRV LX 4WD [northwest1] by hondabuyer3
Apr 23, 2006 (4:40 pm)
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Replying to: northwest1 (Apr 23, 2006 10:02 am)

I'm in New Jersey. If you are in same state let me know.
#3036 of 7592
Re: How did I do? [hondabuyer3] CRV LX 4WD [northwest1] [hondabuyer3] by crvbuyer1
Apr 25, 2006 (6:38 am)
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Replying to: hondabuyer3 (Apr 23, 2006 4:40 pm)

Hi, I'm also in NJ and was offered $22,000 for an 4WD LX, including all taxes, fees, registration. Would you happen to know if this is an excellent price?

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