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Acura RL Prices Paid and Buying Experience

1048 messages,  Last post on Aug 25, 2008 at 8:54 AM

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What is this discussion about? Acura RL, Sedan


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#217 of 1048
Recent CT pricing by dib
Mar 31, 2005 (12:49 am)
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Yesterday I purchase a 2005 RL for:
$46,000 incl. Destination ChargeConveyance Fee
$279 Conveyance Fee
 
Total: $46,279 plus sales tax and DMV registration fees.
 
Method: Sent email at 1:30 PM 3/30 to all dealers within 75 miles (12) with offer to purchase and terms (specific color; no options; cash; no trade-in) with intent to close by end of business 3/31 (end of month and quarter helps). Within 2 hours had four offers; lowest was $46,200 from 2nd closest dealer. Then phoned salesman at the (closest)dealer where I had test driven car who had heard from Sales Manager about my email and told him that another dealer had beaten their email price ($47,000 plus $279)and told him how much. Within 15 minutes had called back to drop price to $46k. Drove over after work and signed paper and gave $3k deposit (max he would allow) on credit card. Car not on lot but says will have in by weekend. Just calls around until finds another dealer with color/leather and then drives different one over and trades for mines which he drives back. Says furthest he ever had to go was Syracuse (4 hour drive).
 
Later in evening, two far away dealers offered to meet original $46k offer too.
 
I had picked $46k based on recent discussions on this board plus info from Consumers Reports new car report ($12) which gave wholesale price including some give backs and then offered 6% over that. CR suggested offering 4 to 6% above its wholesale price and then working up. With offer of 6% profit (maybe more if holdbacks CR doesn't know about) and use of email with never a phone call or visit to haggle, got 8 of 12 dealers to bid and got my price. Maybe could have started and gotten lower but am very happy with ease of process and feeling in control. Winning salesman told me $46 k was lowest they had ever gone; usually go to $48k only. May be BS.
 
I may have my car by late today or tomorrow, and winning dealer was very friendly with no bad vibes when I went in to give deposit last evening.
 
In my experience, end of month and especially end of quarter is optimal time to deal - they want to get cars off their books (if not off their lot).
 
Happy hunting and driving.
 
DIB
Hartford, CT area
#218 of 1048
Recent CT pricing - revised by dib
Mar 31, 2005 (12:51 am)
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CR suggested offering 4% to 8% over its reported wholesale.
#219 of 1048
Re: bought one [lee_w]- Inventory? [mevande] [getch] [mikej1543] [getch] [mikej1543] by mevande
Mar 31, 2005 (2:09 am)
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Replying to: mikej1543 (Mar 27, 2005 5:59 pm)

Dealer can always make money selling for 500.00 over invoice. Dealer's "don't" tell you how they make money, ie incentives for volume and others that make then a nice sum for any vehicle they sell. The desitantion charge is a "real" "charge" that the dealer has to pay to have the vehicle delivered to his location. Like everything, it can be negotiated to the degree that when you walk out the door the dealer has made enough to make it worth his while.
#220 of 1048
Re: EXTENDED WARRANTY [courtney11] by getch
Apr 01, 2005 (6:43 pm)
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Replying to: courtney11 (Mar 28, 2005 7:19 am)

Courtney
RE: the extended warantee, i decided i wanted the extended warantee due to the electronics and AWD, all elementst that can "go" in a few years of driving. I had an interesting experience. I learned before hand that you can purchase an extended warantee anytime before your original is completely done. The cost of the extended warantee was quoted at 1800.00 i believe. I had already plunked down a good chunk of change on the down payment, wanted to keep monthly to a minimum. To the manager i would wait on the extended warantee. We continued on with the transaction then what do you know, he said "well let me take another look at that warantee, what is my cost" he showed me he cost was 1100.00 (which again I new was BS) but looks good on a 8x10 "glossy". He offered the warantee for 1200.00. I took out my check book, wrote a separate check for a grand 1,100.00 and handed it over. To my suprise, he took it. added the warantee, 7 years 100k miles and that was that. I went from 1800.00 to 1,100 in 5 minutes and added the warantee. is there room to deal, when you don't give a darn, well yes. As I said, I wanted the warantee for above stated reasons.
 
Getch
#221 of 1048
Big Deals Ahead by bartalk3
Apr 02, 2005 (10:14 pm)
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Acura will probably offer big deals in the months ahead. Sales of the RL for March are the lowest among all the luxury performance cars, including those from Lexus Infiniti, BMW, Mercedes, even, I believe, Audi. The car is obviously overpriced and underselling. Bargain up (and not far up) from invoice. The days of sticker price for this car are over. Plus, as we all know, it's $15,000 more than the TL.
#222 of 1048
What do you have to do? by noice
Apr 04, 2005 (8:56 pm)
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I would just like to know what you people do in order to be able to afford to buy this car? I work like a dog and I cannot figure out how to make enough money to afford the monthly payment whether leasing or buying it!!! How can you afford it? They want 600 a month.
#223 of 1048
Telltale signs re: BIg Deals Ahead? by bodble2
Apr 04, 2005 (9:56 pm)
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At the auto show, there were huge crowds around the Infiniti M models, with people waiting to get into the cars. But at the Acura display, the RL was practically ignored. When I was there, I don't think I saw more than a couple of people looking at it at any one time. For a brand new, flagship model, that has got to be alarming for Acura.
 
When I was talking to one of the Acura reps at the show, I started to comment on the price, and he literally finished the sentence for me by agreeing that the car is expensive. Then he proceeded to attempt to justify the price by saying something like the RL is a "lifestyle" car. I had no idea where he was going with that. But he seemed like a sincere enough guy. I enjoyed talking to him, and I just think he, and all the other sales reps, are facing a tough job selling the RL.
#224 of 1048
Re: Recent CT pricing - revised [dib] by bmwsfchan
Apr 04, 2005 (10:37 pm)
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Replying to: dib (Mar 31, 2005 12:51 am)

I got a firm quote from Mike Harvey Acura Dealership in Burlingame, CA at $45K even. It basically represents 3% above the invoice cost. I, however, turned it down and told them I would wait for another month or two. I have a good feeling the price will continue to drop fast as they are not selling anywhere close to what they initially thought they could. Furthermore, with the launch of new Lexus GS, BMW 530xi, Infiniti M, etc., intense competition works to the buyer's benefits. I remember those days when Acura CL Type-S models were sold below invoice cost (yes, below invoice cost). My guts tell me it may well happen to their RL model sooner or later. Don't you feel guilty to get such a deal as they still make profits from getting marketing co-op money from Acura.
#225 of 1048
Re: What do you have to do? [noice] off topic.. by mevande
Apr 05, 2005 (1:18 pm)
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Replying to: noice (Apr 04, 2005 8:56 pm)

noice,
It;s not what you "drive" for you are working hard (as you shared) and that is all anyone can expect of him (of her)self. Enjoy the ride (life!) and don't get caught up with what someone else has. ,
 
MikeV
#226 of 1048
Re: What do you have to do? [noice] by scottjohnson
Apr 05, 2005 (1:59 pm)
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Replying to: noice (Apr 04, 2005 8:56 pm)

Noice, I don't know what life stage you're at personally. For me, it has taken 25 years or so of that hard work to get to a point where I feel like I can treat myself to the RL and I make pretty good money. I bought my last new car 5 years ago and I've been saving that $600 a month since then so I was able to write a check for this one (after selling the old one). That's a luxury that I really enjoy right now but it is a recent thing. Five years ago a $30K car made me gulp.
 
I think that the comment about cars in this class being "lifestyle" cars is pretty apt. You have to really value a car to buy something in the RL's class. There are tons of great cars out there for about half the price if you just want transportation.

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