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Honda CR-V Prices Paid and Buying Experience

7734 messages,  Last post on Oct 06, 2008 at 4:24 PM

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


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#7322 of 7734
Re: Quote on 2008 CR-V EX 4WD [beaker1966] by bugg2008
Jul 22, 2008 (2:02 pm)
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Replying to: beaker1966 (Jul 22, 2008 10:46 am)

$22,479 OTD seems like a very good price, as I have been obtaining quotes online in the north of boston area all week as well as western MA. (I decided to go for the EXL AWD $25,000 with dest. $26,653 OTD and dealer was willing to find the color I wanted as they had very little on their lot.) I obtained over 10 quotes just for the fun of it-some were serious, some were nowhere close to a good price and one wouldn't give a quote on line.
 
Here's what I suggest you when you are ready to actually buy as it worked great for me:
Take 2 of your very best quotes to the dealer that you prefer to do business with and not necessarily the one with the lowest quote) and tell them, and this is important, that you are prepared to buy a car today from THEM right now, and that you will if they can significantly beat the quotes that you have and get you the color vehicle that you want.. I did this going in with a quote of $25K without dest which happens to be a decent quote and they "ate" the dest and said they would go 25k WITH the dest. It was a done deal for me.
I didn't have a trade so that simplified it. I also had my financing in place before I went but told them if they could beat the rate I would go with their financing.
 
Believe me, if they know that you are serious about buying that day and that you have done your homework you stand a very good chance of getting the deal that you hoped for. If you can wait to the last week of the month, all the better. They are really trying to move the 08's before the 09's come out..
 
thetwo best quotes came from Commonwealth Honda, Lawrence Ma and Atamian Honda,Tewsksbury, MA They were both super to deal with online, no pressure and no phone calls. There didn't inundate me with follow up emails, either.
Good Luck and let us know how you made out!
#7323 of 7734
by mquillen
Jul 23, 2008 (4:50 am)
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bugg2008 wrote:
$22,479 OTD seems like a very good price...
 
Just so there's no confusion, beaker's OTD price was quoted at $23,479, not $22,479, for a 2008 CR-V EX AWD, which seems to be excellent if it transacts at that price. Regardless, bugg, you did a nice negotiation on your EX-L AWD, and provided some good tips.
#7324 of 7734
CR-V LX 4WD by speedracer007
Jul 23, 2008 (6:09 am)
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mquillen -- Thought you would be interested in this breakdown. This was from one of the dealers who had originally sent me a quote that I then asked for an Out the Door Price. Pretty easy to see where they are trying to make their extra profit. That $499 Doc Fee is way too high. At least Alabama taxes are cheap
 
$21,100 + doc fee $499 + anti theft etching $299 + sales tax $711.68 + title fee $16.50 = $22,626.18
 
When I inquired about the anti theft etching, the salesman said "We etch all of our cars, however we can omit the cost to you if you do not want it."
 
I will get serious about negotiating if Honda offers some cash back on 2008s. Otherwise it just makes sense to wait for Sept-Oct and get a 2009. Has anyone seen anything listing any changes for the 2009s? I am sure they will be minor, but it would be nice to know what they are (if any).
#7325 of 7734
Re: CR-V LX 4WD [speedracer007] by doc0704
Jul 23, 2008 (7:44 am)
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Replying to: speedracer007 (Jul 23, 2008 6:09 am)

How do you find out an estimate for sales tax? I live in AZ and think sales tax is 5.6% from my research. Do you need to add city sales tax for where you buy it? The dealerships I have contacted have just given me the base price or the base with destination fee. Will they provide an OTD price through e-mail? Where do you get an estimate for a reasonable doc fee? Thanks!
#7326 of 7734
Re: CR-V LX 4WD [doc0704] by speedracer007
Jul 23, 2008 (10:43 am)
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Replying to: doc0704 (Jul 23, 2008 7:44 am)

I was able to get a couple of OTD prices through email. In fact, what I had in my post was a copy/paste from the dealership. As far as sales tax, I am sure it varies how it works state to state. I found the new vehicle tax rate on the website for the County I live in doing a search on "registering a car". In AL, there is a state tax of 2% and then you would pay the city tax rate for where the dealership is located. For me, the nearest dealership is in Huntsville, which has a city tax of 2% for a total tax of 4%. Now the tax that was quoted to me in the above post was from a different dealership a little further away which has a city tax of 1.25% for a total tax of 3.25%. What I was curious about was "what if I bought a car out of state? what would be my total tax? When I register the vehicle, I would pay the 2% state tax, and then .75% tax based on my residence (I live in the County) for a total tax of 2.75%. Since I live about 15 miles from the Tenn. border, it is certainly something for me to consider. Even .5% less in tax is $110 on a $22K vehicle.
 
Reasonable doc fee? I don't really know what is reasonable. One dealership that gave me the lowest initial quote wanted $499 doc fee (see above). A different dealership that had a little bit higher initial quote wanted a $299 doc fee. Definitely reply to the emails you got requesting an OTD price with a breakdown of fees. Thats what I did and both dealerships replied the same day. When I questioned the anti-theft etching fee ($299 -- almost pure profit for them), they both said they could get rid of that fee.
 
Boy my fingers are tired from typing
#7327 of 7734
Re: Quote on 2008 CR-V EX 4WD [beaker1966] by beaker1966
Jul 23, 2008 (12:21 pm)
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Replying to: beaker1966 (Jul 22, 2008 10:46 am)

Follow up: I got a copy of the sales agreement sent to me today. Price listed ($23,479) is shown as final price. Just waiting for the financing check and I should be going in tomorrow or Friday to finish paperwork and then pick up the CR-V the next day.
 
Since the deal was relatively easy, I am (of course) thinking I should have either pushed the dealer more or shopped the deal around first. But I don't think I would have been able to get much lower than I got...another $250 - $500 wouldn't have been worth the time and energy. I'm happy where I ended up.
#7328 of 7734
EX-L 4WD in Central IL/St. Louis Area by divotman04
Jul 23, 2008 (1:22 pm)
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I am ready to start getting quotes on a new CR-V EX-L 4WD. Most sites list the "Invoice" around $24800 + dest so you're looking at "dealer cost" of $25470. If those numbers are correct & holdback is only on the $24800 they're already making $496 on the sale w/o doc fee. Is that correct thinking?
What is "fair profit" to assume a dealer should make on a sale? $400? $600? Is it taboo to mention the 2% holdback and call them out on doc fees being a fancy word for profit?
I want to get a good deal but don't want to put them on the defensive too much.
#7329 of 7734
Re: EX-L 4WD in Central IL/St. Louis Area [divotman04] by speedracer007
Jul 23, 2008 (2:00 pm)
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Replying to: divotman04 (Jul 23, 2008 1:22 pm)

I certainly don't think it is taboo to mention the 2% holdback -- especially if you are dealing with the Internet Sales Manager. More than likely, he is a salaried employee of the dealership. If you just walk in off the street, the typical car salesman is working of commission, and that area between Invoice & MSRP is where he gets his slice of the pie. I avoid car salesmen like the plague. Sorry, but in every single car purchase that I have made where I talked to a salesman first, I was explaining features to him. What service is he providing me?
 
As others have posted, getting OTD (base price, dest, & any fees) for Invoice to Invoice + $200 should not be difficult to do. TTL is unique for each person (based on where they are buying the vehicle) so remember to view that separately when you read through this forum.
 
As far as putting them on the defensive -- it's not something that concerns me. I'm not there to make a new best friend.
#7330 of 7734
Need help with pricing by hondamom6
Jul 23, 2008 (7:31 pm)
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I am interested in a 2008 Honda CR-V 2WD EXL. My research indicated the MSRP is $26170. I live in East Texas and I got an email quote from Jack of Diamonds in Tyler for $24673 - the esalesman tells me that is drive off price plus TT&L - he swears by email that there are no other fees tacked on and that he can get me the color I want (green tea) although they don't have that color on the lot. Destination charge is included in the price.
 
Meanwhile, I'm dealing in person with Brew Honda in Longview TExas where I have previously bought 3 Hondas. The lowest price they have offered me is $25300 and they keep mumbling something about having to charge more since they would have to deal with another dealership to get the color I want and blah blah. I told them about the other equote and they started rambling on about how Jack of Diamonds probably can't get any and would charge abunch of fees once I got there and so on.
 
After reading the really good quotes people on here are getting and on 4WD at that, I really feel like I'm getting royally screwed. Any help??????
#7331 of 7734
Re: CR-V LX 4WD [speedracer007] by mquillen
Jul 24, 2008 (5:23 am)
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Replying to: speedracer007 (Jul 23, 2008 6:09 am)

speedracer, thanks for the price breakdown, and the education on sales taxes in the Alabama area. In the Ohio area, a 2008 LX AWD can easily be had for about $20, 944 (before TTL and DOC) and our DOC fee is limited to $250 (which is still too much in my opinion). As you noticed, it's important to treat the DOC fees, and etching, etc, as part of the dealer profit. Some dealers try to make people think the DOC is a state mandated fee, lol.
 
Some of these dealers really try to differentiate themselves. Before we even talked price at one dealer, the dealer was telling me they are offering a "lifetime" engine warranty on every car they sell. Of course, I'm thinking, how much is this going to cost me. Needless to say, we never got that far. I'm going to wait for a 2009 as well.

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