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Honda CR-V Prices Paid and Buying Experience

9449 messages,  Last post on Nov 29, 2009 at 11:11 PM

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


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#7587 of 9449
Re: 2008 CRV-EX L w/ NAV [osasap] by mquillen
Sep 06, 2008 (7:34 am)
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Replying to: osasap (Sep 04, 2008 5:33 pm)

Osasap, I think your last message is in response to the dealer costs I posted, and the fact that I stated dealer cost should be the price target at this point in time, or thereabouts. That was because I felt some buyers weren't getting the deals they should be getting on 2008s. Some of us analyze this stuff to death, and we incorrectly assume all do. Regardless, there will always be someone somewhere with a lower price. However, the trade off might be not getting the color or trim level that you want. Also, I don't know what area you are in. Some areas are clearly more competitive price wise than others. Enjoy your car, you got an OK deal.
#7588 of 9449
by mquillen
Sep 06, 2008 (7:44 am)
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On the Honda SUV forum, a poster made a post about a Honda incentive of $1200 off INVOICE on CR-Vs, and also the 1.9% to 3.9% financing deals. The financing deals are well publicized, but this is the first I've seen of the $1200 off INVOICE. That would be about $500 below dealer cost on an AWD EX model.
#7589 of 9449
Re: 08 CRV EX [happa] by kipperdog
Sep 06, 2008 (7:25 pm)
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Replying to: happa (Sep 04, 2008 8:12 pm)

Just got my 08 CRV AWD EX today in Ohio. The OTD price is 24438 with 1.9% finacing.
#7590 of 9449
Re: 08 CRV EX [kipperdog] by mquillen
Sep 07, 2008 (3:54 am)
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Replying to: kipperdog (Sep 06, 2008 7:25 pm)

If my calculations are correct, that would put sale price of the vehicle, assuming no accessories and no vehicle trade, at about $22,642--about $239 over dealer cost. And that attractive finance rate saves about $1K over 3 years, compared to a market rate loan. Not a bad deal.
#7591 of 9449
by mquillen
Sep 07, 2008 (4:21 am)
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American Honda has announced they are raising MSRP on all models of the 2009 CR-V by $395. That's an increase of about 1.9% on a 2wd LX, and about 1.39% on the top trim level 4WD EX-L NAV. Destination will remain at $670. The MSRP increase should translate into raising dealer cost by about $370.
 
Honda appears to be taking advantage of the CR-V's position as the market segment leader.
 
#7592 of 9449
Re: [mquillen] by isellhondas
Sep 07, 2008 (8:29 am)
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Replying to: mquillen (Sep 07, 2008 4:21 am)

I don't think Honda is taking advantage of anything.
 
I think they have simply adjusted their prices as their suppliers have.
 
I understand , as an example that the price of steel took a sharp jump in price.
#7593 of 9449
Re: [isellhondas] by mquillen
Sep 08, 2008 (6:19 am)
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Replying to: isellhondas (Sep 07, 2008 8:29 am)

Isell, I disagree with your assessment. First off, according to my sources Honda did not have steel contracts coming due this year for their US plants . The mills have passed along some surcharges, however. Secondly, Toyota is also feeling significant cost imact, but they've left their base model pricing the same as that for the 2008 RAV 4. Honda pricing is higher across the board. If that isn't taking adavantage of their market leadership I don't know what is. This isn't a slam against Honda--it's just business. Honda has very successfully established the CR-V as THE premium crossover within the moderately priced segment.
#7594 of 9449
I won't argue with you by isellhondas
Sep 08, 2008 (9:46 am)
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Prices are up on everything, not just Hondas.
#7595 of 9449
Re: [mquillen] by mplshondadlr
Sep 08, 2008 (11:05 am)
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Replying to: mquillen (Sep 07, 2008 4:21 am)

Say for example Honda buys 100,000 audio systems for $200.00. This year they have to buy another 100,000 audio systems, only the supplier now sells them to Honda for $210.00 - or a 5% increase. Think tires and plastic for example. Each contain petroleum - and we all know what happened to the price of petroleum.
 
Now couple that with the thousands of other supplies that go into each Honda, and you begin to see a trend. Honda to consumer pricing may have gone up less then 2% but their actual production costs may have gone up 5% or more.
 
So are they taking advantage of market share? No. They are simply doing what every business does; passing higher expenses on to the end user.
#7596 of 9449
08 LX 4WD price in MASS. by buy_car
Sep 09, 2008 (4:36 am)
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The best i got so far is $20,500 + tax + title + Reg. What should be my offer?

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