Last post on Dec 08, 2013 at 10:11 PM
You are in the Honda Accord
What is this discussion about?
Honda Accord, Coupe, Sedan
#27527 of 32206 Re: Is this a good price for EXL V6 Honda Accord? [ceejaysquared]
Nov 17, 2012 (8:05 pm)
Ceejay, sorry I mis spoke from the last reply to you. The price quote was for a 2013 Accord EXL V6 W/NAV not a 2013 Accord EXL V6. The best quote I have received so far is $30,030.00 to include destination fee. This was from one dealer in the DC and Hampton roads area. That is why I questioned your internet qoute for the EXL V6. Ithout your quote included a NAV unit in the car.
#27528 of 32206 Is this a good quote?
Nov 17, 2012 (9:11 pm)
Was quoted 26888 OTD for an EX, is this good? Sales also told me they installed a protection package on the car already which worth about 999. He said all Honda dealers pre install this on all new cars. This was at Southbay Honda in Milpitas, CA. Please advise.
#27529 of 32206 Leasing 13 Accord Sedan with Nav
Nov 18, 2012 (7:10 am)
Am looking to lease 13 Accord in Chicago. What does Residual Value of .00155 mean?
Does a 4 or a 6 have better residual value?
Want to lease for 24 or 36 months, and can put down downpayment.
What else do I need to understand to make a decision?
Thx for any input.
#27530 of 32206 Re: Leasing 13 Accord Sedan with Nav [juanvaldez]
Nov 18, 2012 (1:51 pm)
Juan, let me try and help you understand leasing. Same rule applies with buying or leasing. Always work your lowest price for said vehicle. Your money factor, and residual value is what the car is worth for that time frame of 3 or 4 years , and what the value of said vehicle will be after lease period. Go to Edmunds leasing forum for Accord and ask the Car-man for the numbers on your make, model, lease period , and mileage you want. This is the formula for leasing. I dont like to lease but thses rules set the price. Once you have your leasing numbers make sure the dealership you buy works those same numbers for your monthly price......
#27532 of 32206 Re: Leasing 13 Accord Sedan with Nav [juanvaldez]
Nov 19, 2012 (9:45 pm)
low end models (LX, Sport) will have much better residuals than the 6. Reason is because the V6's do not sell nearly as much
#27533 of 32206 Re: 2013 Accord Sedan EX-L - Price Break Down [fxguy]
Nov 19, 2012 (9:51 pm)
Good luck with getting "below" invoice. They are not even letting employees buy the new Accords for under invoice. And Camry's alleged "unstoppable" sales are tanking. I stopped by the Toyota dealership in my town and their sales manager was griping about how ever since the 13 Accords were announced their typical Camry sales numbers have dropped to less than 50% of usual sales volumes, and that Toyota Motors had to institute several thousands of dollars in cash incentives to "whore them out".
If you understand anything about how cars are sold you would know that not a single dealership anywhere will sell a newly re-designed vehicle for UNDER invoice without factory incentives or without bending you over backwards in the back end.
You can wait your 3 months, and then you will continue to wait because as the 2012 CR-V's are any indication, they just NOW started discounting them anywhere close to invoice almost a full year after it was released.
Please, save yourself the embarrassment, go to Truecar.com, go see the pricing of what they are selling for in your market, then slap yourself for even thinking you can get $500 under invoice, including destination. BTW, the three Honda Dealerships within 10 miles of my house have no problems selling them at MSRP...or $500 off sticker...you might want to wait until the 2014's come out to receive a significant discount.
#27534 of 32206 Re: 2013 Accord Sedan EX-L - Price Break Down [alvlee01]
Nov 20, 2012 (6:03 am)
I am in the Dallas area. I am seeing (in autotrader) Huggins Honda advertising $19715 for 2013 Accord LX CVT and David McDavid of Frisco advertising $19999 for the same. So looks like they are below invoice.
#27535 of 32206 Re: 2013 Accord Sedan EX-L - Price Break Down [a931048]
Nov 20, 2012 (6:52 am)
And David McDavid of Frisco just lowered their price to $19599.
#27536 of 32206 Money Factor/Residual Value
Nov 20, 2012 (8:38 am)
Going lease shopping this weekend for a 13'exlv6....quick question..is the money factor (now.00155) and residual value (now 58%) negotiable?
I am guessing that the residual value is not..but the money factor which is 3.72% (.00155x2400), is high, I have excellent credit, so can I try to negotiate the MF number, or am I wasting my time? I know, negotiate the best price for the car..then go from there, but do dealers use other leasing companies, for better rates or just Honda Financing? Any help will be appreciated.