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Honda CR-V Prices Paid and Buying Experience

9354 messages,  Last post on Nov 11, 2009 at 2:53 AM

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


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#7637 of 9354
Re: 2008 Honda CRV EX AWD [mquillen] by mplshondadlr
Sep 13, 2008 (7:23 am)
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Replying to: mquillen (Sep 13, 2008 6:40 am)

"I purchased a brand new CR-V EX-L with 12 miles on it for just $846 more than your used, 25,000 mile, CR-V example."
 
Lemme get this straight - you purchased a new CR-V EXL for $24841.00 and you think EVERYONE should be able to buy them at that price? I guess you forgot that several areas of the country have co-op advertising fee's built in to each invoice from the factory that can be as high as $300.00 per car, raising actual dealer investment costs.
 
Perhaps you also forgot that as supply dwindles, prices tick back up - that whole supply vs. demand thing. It happens every year, prices always goes back up when there are very few previous model year Honda's to choose from.
 
So perhaps instead of telling people what they can and cant buy one for, why not refer them to the dealership you bought from? Since they were willing to sell you a car at wholesale I'm sure they would be happy to do that for everyone?
#7638 of 9354
Re: 2008 Honda CRV EX AWD [mplshondadlr] by mquillen
Sep 13, 2008 (7:51 am)
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Replying to: mplshondadlr (Sep 13, 2008 7:23 am)

I never said everyone should be able to buy at that price. In fact, I've been sure to mention that every dealership has their own economic issues they must consider. What I've done my best to do is provide price ranges for people who are trying to get a fair deal.
 
I understand inventories can drive pricing. My point is that people shouldn't over pay for an '08, when good deals can be had with a little effort--as made evident by some of the above posts. Rather than over pay for an '08, they should get an '09.
 
Lastly, this isn't JUST about the pricing I achieved. It's about the pricing MANY on this board have achieved. I don't begrudge a dealer making a fair profit on current model year products, but to gouge people on '08s when they can get a good price on an '09 makes no sense for them.
 
By the way, there is co-op advertising in my area, too. Wow, I guess I should offer to pay Procter & Gamble some extra money for their advertising the next time I buy Colgate toothpaste, lol.
 
I have no vested interest on this board, but you certainly do. I hate it when dealers whine. It can only mean this board is doing something right.
#7639 of 9354
by turbododge
Sep 13, 2008 (8:11 am)
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I am from the Minneapolis area and I sure recognize that attitude!
 
Several, and one in particular, dealers were very holier than thou, and spent all their effort saying that the online information was all wrong, you couldn't get that price, yada yada yada. We were told we were stupid, unethical, naive and many other things, just for asking. This seems to be the way the dealers around here are trying to compensate for the large increase in informed buyers that the internet has created. They blame and shame the customer. In the short term, in does quickly weed out the folks that won't pay their high prices and lets them concentrate on the less informed customers, but in the long run they are going to get a bad reputation around town and suffer greatly. I know we will tell anyone who will listen which dealers were decent, and which ones weren't.
 
When we found a good dealer, we were able to get a good deal on a 2009, over the phone, in less than 30 minutes. Very interesting since the other dealer told us we were "stupid and naive" to think that anyone would sell for that price, and that if they told us they would, it was bait and switch.
 
Buyer beware, if they treat you with lack of respect, you can bet their ethics and honosty are also as poor as their manner.
#7640 of 9354
Hold on here - I miss stated my stance! by mplshondadlr
Sep 13, 2008 (8:57 am)
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There are good deals to be had and I dont begrudge anyone on trying to make a good deal! I am a consumer too and do the same thing. But, just because someone bought a CR-V from Boch in Boston doesn't for $X doesn't mean that same deal can be had here in Minneapolis.
 
However, what I should have said is that even though you got a certain deal that doesn't mean the next guy that inquires over the internet at the same dealership will get the same deal. The reason is perhaps at the end of last month and even in to this month, as the 2009's began to arrive some dealerships may have had a glut of 2008's left, so in order to move them, they decided to blow out as many as they could. Once they were down to the last few they may control pricing a little better.
 
There are pockets in this country where there is limited competition and low supply. While this board is an excellent guide, there is alot of oneupmanship here which may set an unrealistic standard of pricing that may not be attainable in certain markets. For example, it seems people are getting really aggressive quotes out of Chicagoland right now because of an incentive available to dealers in that market that is not available here in Minneapolis. My dealership has the 2008 CR-V EXL 4WD priced at $25057.00 which is $600.00 UNDER our adjusted invoice (with co-op which is a legitimate cost added at the factory, not dealership level) and some people have been getting quotes $400.00 less then that. Keep in mind, there is no co-op advertising in Chicago. We simply can not compete with that price and as our supply dwindles, price will go back up.
 
The whole point is don't disapoint someone if they can't get the same deal you did. Keep in mind, USED ones are selling for more then most people can buy a new on for. So if someone has to pay a few hundred more then you did, dont just automaticly assume that they can get a far better deal - it just may not be attainable in their neck of the woods.
 
IMHO if you can get an 08 for invoice or a couple hundred back, that is still an awesome deal! After all, it's a Honda CR-V, not a Hyundai Santa Fe.
 
So mcquinn, if I came off harsh, my apologies.
#7641 of 9354
Re: Hold on here - I miss stated my stance! [mplshondadlr] by mquillen
Sep 13, 2008 (9:26 am)
Reply

Replying to: mplshondadlr (Sep 13, 2008 8:57 am)

Mpls, I've tried very hard to let people here know that there is an acceptable range that they can be comfortable within, even taking regional differences into consideration. I've pointed out that in the long run it is not worth it to quibble over a few hundred dollars for the exact car you want, UNLESS the price is already abnormally high. Unfortunately, too many dealerships are quoting prices that aren't just a little high, they are way too high, even you'd have to agree (or maybe not). At that point it is in their best interest to consider an '09 model, which should shortly become plentiful in most trims.
 
By the way, the $25, 057 price you're quoting for the CR-V 4WD EX-L is very, very, close to the range I've recommended, so it looks like we do agree on something. Furthermore, if you consider that the vehicle that started this conversation was a standard CR-V 4WD EX, and the cost difference between the L trim level and the standard trim level is about $2,364, that would put the standard EX price at about $22,700, which still makes the $23, 093 price high by almost $400. As I stated before, if it's for a color that is in short supply, it might be worth it--only the buyer can make that decision. I rest my case.
#7642 of 9354
Re: Hold on here - I miss stated my stance! [mplshondadlr] by isellhondas
Sep 13, 2008 (2:17 pm)
Reply

Replying to: mplshondadlr (Sep 13, 2008 8:57 am)

mpls,
 
You are whistling in the dark. They don't care.
 
This is why I try (hard) to stay out of these forums. Hard on my blood pressure.
 
Oneupmanship? Ya think?
#7643 of 9354
Re: Hold on here - I miss stated my stance! [isellhondas] by mplshondadlr
Sep 13, 2008 (2:30 pm)
Reply

Replying to: isellhondas (Sep 13, 2008 2:17 pm)

Because it's a hard objection to overcome at times. For some reason, customers see a price here they assume they can get the price at my dealership. But, they dont average the pricies out - they pick the lowest one on the board then think thats it, they wont pay a penny more!
 
"Oneupmanship" Hmmmmm, I wonder where I heard that one????? LOL.
#7645 of 9354
Re: [turbododge] by selito
Sep 13, 2008 (6:52 pm)
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Replying to: turbododge (Sep 13, 2008 8:11 am)

I recently moved to Minneapolis & just started to look for a car. Please advise dealer info & how much you ended up paying for a new Honda CRV.
#7646 of 9354
Price for 2008 EX, 2WD in SF? by cpr1
Sep 13, 2008 (8:34 pm)
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I am hoping to buy a 2008 EX with 2WD in the San Francisco Bay Area this week. I have asked for internet quotes from three dealers, but only one has responded. This one (Oakland) is offering the car at $21,900. This seems an okay price and is about $150 lower than Costco. But I wonder whether I can do better? Any input would be much appreciated.
 
Many thanks,
 
cpr

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