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Honda CR-V Prices Paid and Buying Experience

9477 messages,  Last post on Dec 08, 2009 at 8:20 PM

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


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#3818 of 9477
Re: 2007 CRV EX-L AWD in Maryland [sizzerhappy] by hansmuff
Nov 27, 2006 (6:59 pm)
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Replying to: sizzerhappy (Nov 27, 2006 3:29 pm)

When I offered 24,500 to my dealer for an EX-L, they outright refused it. I said OK and settled for the EX without L. They didn't talk about the EX-L anymore, in that they truly were not interested in selling it for 24,500.
So compared to me you did very well.
#3819 of 9477
Re: Decent Price for 2WD EX-L? [c_hunter] by ongjoy
Nov 28, 2006 (3:59 am)
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Replying to: c_hunter (Nov 27, 2006 11:38 am)

c_hunter,
 
Although you are right about the negotiated price, I disagree with the statement "OTD price is meaningless".
 
Actually, OTD price is everything as that is what one has to pay to get the car. By working with a OTD price, you cut out the dealer's tatic of high priced add-ons and can remove some of his profit is some of the fees he adds on. Juding from mptlptr's price and jfritsh's comment ("The CRV wholesales about 6k from list 1st year"), there is lots of give in their price if they REALLY want to sell the car. That's why I suggested listing both for a true comparison.
#3820 of 9477
Re: Decent Price for 2WD EX-L? [ongjoy] by c_hunter
Nov 28, 2006 (6:08 am)
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Replying to: ongjoy (Nov 28, 2006 3:59 am)

That's fine, but OTD is only relevant to people shopping in the same area. Since taxes and fees vary from state to state (sometimes from county to county within a state), an OTD price for someone in TX is not relevant to someone in CT (as an example). That's my point. Coming to an international forum like Edmunds and quoting an OTD price with no geographic reference is not really something we can comment on. In that sense, it's meaningless for feedback.
 
An additional problem I see here in using the OTD price is that people often have a trade-in wrapped into that price. One more factor that we cannot universally understand without a lot more info, such as value, equity, etc. Not everyone has that same situation obviously. Someone may have an OTD price with a trade, someone else without, etc. I can tell you that I see a lot of people quoting what look like good OTD prices, only to find that there's a trade wrapped into it. Upon running the numbers, it looks like a lousy deal.
 
So, when people come here to compare their price with others nationwide, they either need to give the OTD price with all the details that go into it (which is probably not appropriate here) or give the effective selling price of the vehicle. That is the only way we can make a direct comparison, apples to apples.
 
Now as far as using OTD as a tactic with the dealer, that is fine, but makes it real easy for them to take advantage of the buyer. I much prefer to negotiate a hard price on the vehicle, a hard price on the trade, haggle over fees if necessary, and let my spreadsheet or calculator do the math for the OTD price. By only working the single OTD price, the buyer is more likely to give in one place but get taken in another. I encourage all buyers to make sure they understand each major component that goes into the OTD price, if they plan to use that as the negotiating point. It's important.
#3821 of 9477
Re: Decent Price for 2WD EX-L? [c_hunter] by ralph9
Nov 28, 2006 (9:52 am)
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Replying to: c_hunter (Nov 28, 2006 6:08 am)

Thank you very much for your cogent analysis of why the vehicle cost (including destination charge, dealer prep charge, documentation fee charge, plus any other dealer added fees) is the figure to be used for comparison purposes by a buyer when comparing bids from several dealers, and by a discussion group participant when trying to get a general idea about what particular model vehicles are selling for. The TT&L cost is useful for the potential purchaser to determine how much to borrow and whether a vehicle is within one's budget.
  Your analysis might be appropriate for the Pilot and Accord sites as well since I've found it difficult to analyze the OTD figures provided there by people who seek comparisons. Thanks again and you made your contribution at 6am too. Take care. Ralph
#3823 of 9477
Re: Latest Low Prices in Texas [01redz06] by alextsai
Nov 28, 2006 (1:40 pm)
Reply

Replying to: 01redz06 (Nov 22, 2006 6:11 pm)

That's really a nice deal you got. I live in Dallas area but can't get a decent quote from the dealers nearby (most of them only willing to provide MSRP as quote).
Could you please forward the contact information of salesman you dealt with in Clear Lake Honda
to my mailbox in carspace? Thanks.
  
Personally, I don't want to drive 300 miles (one way) to strike a deal.
But if price different is around $1500-$1800 then maybe I'll still go for it.
#3824 of 9477
Re: Places to buy Honda CR-V EX-L [jfritsch] by pavant
Nov 28, 2006 (2:19 pm)
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Replying to: jfritsch (Nov 27, 2006 3:25 pm)

Thanks jfritsch. You seem to be doing lot of research. What i am mainly considering is to pay 300 to 400 above invoice, not more than that. What do you think about the decision. Is that too low to ask a dealer?? Also how to find all the dealers within 400 miles??
#3825 of 9477
Re: Decent Price for 2WD EX-L? [c_hunter] by chas0215
Nov 28, 2006 (2:28 pm)
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Replying to: c_hunter (Nov 28, 2006 6:08 am)

Thank you for bringing some logic and sensibility to this discussion. Your points are very well stated and appreciated.
#3826 of 9477
2007 CRV LX AWD $22600 OTD in MN by hydroholland
Nov 28, 2006 (5:18 pm)
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Is this a good price?
 
2007 HONDA CR-V AWD - LX
 
MSRP - $22,395.00
 
YOUR PRICE - $20,900
                         +$1,358.50 - TAX
                         +$ 259.00 - LISCENSE
                         +$ 83.75 - TITLE AND DOC
 
TOTAL COST OUT-THE-DOOR = $22,601.25
#3827 of 9477
My CR-V Purchase by theslink
Nov 28, 2006 (5:46 pm)
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Piedmont area of North Carolina. Just bought a Glacier Blue 2007 Honda CR-V LX 2WD for $19,753 + $90 for Cargo Tray + $595.29 Taxes + $55 Tags + $399 Processing Fee for a total of $20,892 OTD. Definitely the best deal I could find after contacting 5 area dealers. Bought mudguards off of Ebay for $40 to save a little bit more money.
 
Good deal?

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