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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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Replying to: sizzerhappy (Nov 27, 2006 3:29 pm) So compared to me you did very well. |
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Replying to: c_hunter (Nov 27, 2006 11:38 am) 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.
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Replying to: ongjoy (Nov 28, 2006 3:59 am) 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.
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Replying to: c_hunter (Nov 28, 2006 6:08 am) 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 |
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Replying to: 01redz06 (Nov 22, 2006 6:11 pm) 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. |
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Replying to: jfritsch (Nov 27, 2006 3:25 pm)
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Replying to: c_hunter (Nov 28, 2006 6:08 am) |
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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 |
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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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