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Smart Shopper Edmunds Pricing & TMV
114 messages, Last post on Nov 12, 2009 at 10:44 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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5 off invoice (rather than msrp) on a brand new (not demo) 2004?? That's a great deal that I've not seen or heard of anywhere else after considerable investigation. To answer your question, the 2.5T (AWD) fared very well; if all goes well I will be picking up nautic blue with sand or taupe interior (not 100% sure which; dealer said "tan"), plus premium and xenon, tonight or tomorrow. I tested a very eclectic assortment of cars, including Honda Accord EX-V6, Nissan Maxima, Lexus GS300, BMW 330xi and 530i. I absolutely hated the Maxima (cheap-looking interior, bad fit and finish), and felt only somewhat better about the Lexus (cramped interior, not especially peppy). I really liked the BMWs, but ruled out the 530 because I was concerned about rwd in snow, wet, and slippery conditions, and thought the 330xi was very comparable to the S60 2.5T AWD, only $6-8K higher. I also liked the Accord, but had concerns about driver's seat comfort after an extended test drive and also poor traction in the rain (it rained when I did my extended drive, and it was not a confidence-inspiring experience). There also appear to be a fair number of complaints about the Accord on the edmunds board; while I discount much of it, there was enough there to concern me. The Volvo met my needs -- very comfortable driver's seat, well above-average performance, acceleration and handling (I didn't notice a great difference b/w the Volvo and the 330), decent reliability (I've seen few complaints about anything other than the 2001s) -- at a good price point after the 5k discount from msrp. The major downsides are cramped rear quarters and absence of some of the bells and whistles of the Japanese entries (e.g., 6 CD changer, compass). I decided that, given the other virtues, I could live without the bells and whistles and there will hardly ever be people in the rear seat. |
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| Anybody know how Edmunds arrives at it's $30008 invoice price for a GLX 4Motion? My calculations give me a figure closer to $30911, with $28008K as a base price GLX, $1073 for triptronic, and $1540for 4Motion. | |
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I bought a used 2004 TL w/ 6MT, sport tires & nav system for 30,000. The car had 11,000 miles on it. Do you think that was a good deal?
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Replying to: ljwalters1 (Mar 31, 2005 12:48 pm) Acura TL: Prices Paid & Buying Experience Real-World Trade-In Values Remember to post your location, since pricing can vary.
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Replying to: kirstie_h (Mar 31, 2005 4:46 pm) 
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Can someone please help me understand what all the numbers and accronyms mean on a dealers invocie? And, how do you know if you have a "real" invoice and not a fake one? |
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If the price of the options on the invoice match Edmunds, then it's a "real" invoice. The dealer's invoice might contain advertising, etc. costs charged to them by the manufacturer and/or the regional consolidator (I'm thinking Toyota here). Edmunds and KBB will not show that because it varies immensely from place to place. As far as the acronyms go, Edmunds has them in their invoice so look them up. KBB has them too. |
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Recent car buying experiences have caused me to question the reliability of the data used by Edmunds, NADA, Black Book and others to produce TMV, etc (that is if I understand the source of their data). To explain ... I have noticed that each time I have negotiated a price on a trade-in deal, the price adjustment is always placed on the used car trade in value instead of as a reduction to the one being purchased. For example ... I trade in a 12 year old worn out sedan with 160k miles. Not worth a whole lot, so I expect $500 to $1,000, and this is consistent with reported trade-in values. It's also consistent with the dealers first offer. We start negotiating, and when the deal is done, I negotiate $2k off the price. When the paperwork is printed, the used car trade in value is suddenly $3k, and the price of the car being purchased is sticker. To me, this does 3 things. First, it causes the database of car sales maintained by the State to be misstated. Second, it gives the Used Car dealer "paperwork" they can use against the guy the comes in to buy the trade-in to show that they "have $3k" in the car. And lastly, it causes the value estimates produced by Edmunds and others to be misstated with respect to what "people are paying in my area". This would be no fault of Edmunds or the other value providing sources, they can only estimate from the info. that is available for them to gather. Thoughts on this question / concern? 
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Replying to: pa_fisherman (Jul 23, 2006 4:36 am) If there were no tradein, the dealer presumably would only work off the sticker price. Could my purchase skew data -- probably, but at least in my case, I believed I got a good deal. Perhaps, Edmunds only records straight-up sales rather than sales distorted with trade-ins. |
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Smart Shopper Edmunds Pricing & TMV
