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Honda CR-V Prices Paid and Buying Experience
7586 messages, Last post on Sep 05, 2008 at 11:00 AM
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The local dealership finally got in the model (EX-L, 2 WD, no NAVI) I was looking for in one of my color choices (metallic blue) last week. The one Honda dealership here in Gainesville is selling all the 2007 CR-Vs they get very quickly so I decided it was time to go ahead and buy one. The total OTD price was right at $26,600. Breakdown is $24,490 for the car (including dest. fee) BUT, being that this is Florida, with it's DEALER FEE scam (i.e EXTRA PROFIT),it's necessary to add in the $499 dealer fee to this "price" to get the real price of $24,989. A mere $405 under MSRP. It did include mud guards and cargo tray though. Not an especially great deal but the best I was able to find. Dealer's in Florida don't seem to be discounting as much as those in California. Some of the dealers in Orlando weren't even interested in matching this price. Supply and demand I guess. The rest of the costs were for TTL. Dealer got me financing at 5.79%, a bit lower than my credit union, who could only get me 5.99% Anyways, the car is great so far. No buyers regret. Wife and kids love it too. Gas mileage around town for the first 200 miles has been around 23 mpg.
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Replying to: tampafred (Jun 18, 2007 7:45 am) Should I be talking the guys down on the MSRP price or the invoice price? what is reasonable to ask for below invoice price. Does sticker price mean Invoice of MSRP? Thanks for your help
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I had a terrible time buying a car at College Park Honda. I called early in the day to speak with a sales manager. I gave him a quote that I had gotten from a different dealer and asked if he could beat it by $500.00. He said yes it was no problem and to come on in. I told him I didn't want to waste my time if he couldn't beat it. He again said no problem. When I got to the dealership after the test drive we sat down to talk numbers. As soon as we sat down he said he couldn't give it to me for the price we discussed on the phone but he would do it for $100 more than that price. He made me sign a sheet that siad I would take the car that night if he could get that price. After waitinf for another 15 minutes he comes back and says he can't give it to me for that price and can't even beat the price I originally gave him over the phone. He totally wasted my time because he knew that when we were talking on the phone. I will never go to College Park Honda again. I'm still looking for a good price in the MD/DC/VA area.
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Replying to: nesey (Jun 19, 2007 6:06 am) |
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Replying to: nesey (Jun 19, 2007 6:06 am) well that sucks...I am so sorry you went thru that! I am almost jealous to see how much more negotiating room there is now for the CRV's than there was back in march when I bought mine. Seemed like nobody in these parts were coming down much from the msrp. But I needed a car right then so that gave us less wiggle room! Hang in there! you'll get what you are looking, down to color if you want. Okay, I didn't get color because the color I wanted was in the toyota line, but I got my first choice color in the Honda line at least! So will you! And good job not signing any commitment letters! So unethical in my book! You can either get me what I want or not. And any letter signing should be on dealer's part for prices and availability, not the consumer! You have all the power by being able to walk out the door! |
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I want to buy a 2007 Honda CR-V in greensboro, NC. Can anybody points me toward a good dealer and also what is a good price for that model in that area?
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Replying to: nesey (Jun 19, 2007 6:06 am) |
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Los Angeles Price Paid Internet Quote: $22,0059.00 OTD Price: $24,198.16 Power Honda Valencia (Magic Mountain) I requested a quote late Monday 6/18 on Edmunds.com. Got a quote from Power Honda Tuesday morning 6/19. ($22,0059) I requested the final OTD price. Reply came at $24,256.00 +/- a hundred dollars. Went to dealership at 7PM and drove home in new car at 9PM. It was a very positive experience with them. The only thing I did was decline their Warranty offer like 5 times because we decided ahead of time we didn't want it. There wasn't much "pressure", but definitely a lot of indirect persuasion. Other than that it was totally straight-forward. It would've taken an hour only but believe it or not, they ran out of DMV Registration forms and had to track one down. |
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Invoice + Destination= 26622 Price paid = 26975 Options included in final price: LoJack I purchased a '07 CR-V, EX-L AWD + NAVI in glacier blue about one month ago for $353 above invoice, but that price included a LoJack vehicle tracking system (which Cardirect.com retails for ~ $700 + installation). Overall, I'm happy with the price, but not with the transaction. I received a ridiculously low e-mail quote (about $300 below invoice). It smelled like bait , but after I confirmed the price over the phone with the fleet manager, I bit and went to the dealership to write a check. Only at the very last moment before signing did the dealer reveal that the car had the LoJack system added as an option, and that the actual price would be Invoice + $700. It took an hour of haggling to get to the final price. I would have walked out, except that it was Mother's Day and I wanted to replace my wife's car, which was essentially unsafe to drive. I've also learned from this forum that this dealership has played "LoJack Surprise" before. Anyway, it's still a good price. I can justify it as either paying at invoice with a steeply discounted LoJack system or getting the car at $350 below invoice, and paying retail for LoJack. My advice: always negotiate from invoice price (I never even looked up MSRP), get e-mail or telephone quotes from at least 3 or 4 dealerships before walking in, and be ready to walk out.
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I've decided on EX-L 2WD (no Nav). The local dealer (Eastern Shore of Maryland) said there's not much negotiating room under MSRP due to popularity of vehicle & low markup on CRVs...so that basically makes the price 25395 (destination.) How would you suggest I pursue bargaining on this model? PS - No doubt this is the car I want!!! |
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