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Honda CR-V Prices Paid and Buying Experience

9474 messages,  Last post on Dec 07, 2009 at 7:14 PM

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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#3218 of 9474
Re: A little fishy??? [jerseydevil] by hi321
Jul 04, 2006 (4:12 am)
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Replying to: jerseydevil (Jul 04, 2006 3:47 am)

Thanks for the info!
 
Yes I was negotiating price only. (but keeping the monthly payments in mind) I thought the monthly payment price was way too high. (I wanted to put around $5000 down as well)
 
I am going to another dealer today (assuming they're open) to see what they are willing to offer me. Financing rates...are banks cheaper than dealerships? (in general) Do you have to be a member of a credit union? (I know nothing about credit unions)
 
Thanks again!
#3219 of 9474
Better now or later? by hi321
Jul 04, 2006 (8:34 am)
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I was planning on buying a CR-V now, but am wondering if I should wait for another month or so? (right before the new models come out)
 
What do you guys think???
#3220 of 9474
Re: Any experience in Riverside, CA area? [wpz] by crv123
Jul 04, 2006 (8:55 am)
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Replying to: wpz (Jul 03, 2006 7:37 am)

Hi--
 
The LX models have 16" steel styled wheels. The EX models have 16" alloy wheels and the wheel locks are only compatible with the alloy wheels. The retail listed cost for the wheel locks is $59 at Bernardiparts.com. They sell them for less, but $59 is listed as the retail cost. Installation time for wheel locks is virtually nil. We had our accessories which required installation done by the dealer...and wheel locks was actually something that my husband did for me in five minutes. The splash guard retail cost is listed at $63 on that same website (again, not what they actually sell them for, but what they list as retail). Anyway, you could ask for them to provide you with an accessory of equal or slightly higher value...or you could use the retail numbers here to determine what they used as a mark-up rate and ask for a refund....not sure if they will do that, but you can try. Either way, they included something in the deal which you agreed to and signed for...and there is no reason that the dealer should take that approximately $80 for their pocket without you getting something in exchange.
 
Hope that helps...good luck and keep us posted.
#3221 of 9474
Re: A little fishy??? [hi321] by jerseydevil
Jul 04, 2006 (9:12 am)
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Replying to: hi321 (Jul 04, 2006 4:12 am)

You have to belong to a credit union by with the deregulation of banks and insurance stuff a few years ago, just about anyone can join a credit union. CUs don't seek profits like banks do, so they are a lot more reasonable. Do some research. Mine is still offering great rates that they discount on the back end if you do payroll deduction and stuff like that. (Got mine at 4.49 after three discounts last month when the base rate was 5.49)
 
Google for credit unions where you live and get your finance deal ready before you go to the dealer. Dealers will always make money off your loan as they get a percentage back from the bank on the back end of the deal. If you can get bought at 5.5% and the dealer sets you up at 6.25 or 6.5, they get a check back from the lender after you make three payments or such. Go in with a sight draft from your credit union and you know exactly what the deal is for.
 
I got my best price from using the Internet department and just requesting bids from 5 different dealers. Their price was within 200 bucks of the lowest I've seen paid for a SE model. A lot less stress and I was in and out of the dealer in less than an hour and a half. Took the SE home with 4 miles on it.
 
Good luck!
#3222 of 9474
Re: CRV AWD EX - Manual Transmission [kiawah] by thejerseydevil
Jul 04, 2006 (1:51 pm)
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Replying to: kiawah (Jul 02, 2006 10:23 am)

Yes. I heard mixed reviews about Leith but my experience was good. I've had a few issues lately with Crown Honda so I was happy to elsewhere.
#3223 of 9474
Re: CRV AWD SE Price check [kiawah] by thejerseydevil
Jul 04, 2006 (1:54 pm)
Reply

Replying to: kiawah (Jul 03, 2006 10:48 am)

Post 3201 was jerseydevil.
Post 3207 was thejerseydevil.
 
I'd give the other guy some crap but NJ doesn't have much that is cool. The myth of The Jersey Devil is one of the few interesting things (especially for people like me who always lived in Southern NJ till recently).
 
Yes, the Raleigh dealer was Leith Honda on Capitol Blvd.
#3224 of 9474
Re: A little fishy??? [jerseydevil] by thejerseydevil
Jul 04, 2006 (2:10 pm)
Reply

Replying to: jerseydevil (Jul 04, 2006 9:12 am)

Agreed, if there is one piece of advice I could offer - it is to ALWAYS deal with Internet Dept. In my experiences, the sales people that you must use to test drive will always cringe and then usually ask that you not go through the Internet Dept since they typically can't sell for as low of a price AND they must split the commission. However, my understanding is that the net sales people have much higher expecations - they really need to move many cars. So I find them easier to deal with and will talk low prices from the start so it's much less hassle. I feel bad for the regular sales guys but if they'd ever just give me their best price at time of testdrive (they're trained not to), they might get my business.
 
When I lived in NJ, I found any dealer owned by DCH to have exceptional internet sales. My experience here in NC was ok but not as good as my few DCH internet sales in NJ.
#3226 of 9474
Re: Thanks everyone [thereluctant] by vtec369
Jul 05, 2006 (5:11 am)
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Replying to: thereluctant (Jul 03, 2006 8:40 pm)

Email me and I can give you the details.
#3227 of 9474
Re: A little fishy??? [hi321] by blueiedgod
Jul 05, 2006 (5:54 am)
Reply

Replying to: hi321 (Jul 04, 2006 3:29 am)

The offer was for $21500 for the EX 4WD Automatic. (+ tax and tags) The salesguy said he wasn't sure of which finance rate I would qualify for, but DID tell me my payments would be $455 a month. (With $4500 down) Maybe I'm naive, being a first time buyer...but isn't this a lot???
 
Are you financing for 36, 48 or 60 months?
 
If you are financing for 60 months at $455 a month with $4500 down, you are looking at the total of $31,800 ($455*60+$4500), or about 20% Interest rate.
 
How are your math skills? How is your credit? Income to debt ratio?
 
Even if you finance for 48 month at $455 per month, the interest is still too much.

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