Last post on Dec 10, 2013 at 1:25 PM
You are in the Honda Accord
What is this discussion about?
Honda Accord, Coupe, Sedan
#27535 of 32216 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 32216 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.
Nov 20, 2012 (8:59 am)
I got a quote on the 2013 Accord EX-L and I was curious if this was a good deal. Keep in mind that I live in an area where there is no competition and these cars are flying off the lot!
Car Price includes dest fee: $26,985.
Doc Fee $85
Sales Tax of $1554
Total OTD Price of $28,624
#27538 of 32216 Re: 2013 Accord Sedan EX-L - Price Break Down [alvlee01]
Nov 20, 2012 (10:11 am)
You are simply wrong alvlee, Look back at my posts. Three weeks Ago I purchased 2013 EXL V6 without Nav for 27999.00 before TTL. I described exactly how I did it. Several other forum participants also used my advice and got under invoice already in redesign cycle. I achieved 300 under invoice. Read my posts. Go To Weymouth honda's website and travel to boston to pick it up. I was willing to do it until dealership in poconos nearly matched Weymouth's price. To anyone, go to Weymouth's website, register, and you will already have their internet price. They are great. Read my past posts. I know there will be more fellow forum people who will be thanking me. Good hunting. Invoice is completly doable at this time.
#27539 of 32216 Re: 2013 Accord Sedan EX-L - Price Break Down [alvlee01]
Nov 20, 2012 (4:06 pm)
Looks like you should be the one smacking yourself for thinking the Accord will not go below invoice within months of its debut. Did you even read through this prices paid thread before commenting??? Several people have paid invoice (including the person i replied to that generated your post) or even below and the vehicle has only been out for 2 months. This is no S2000 or MR2. This is Honda's mass produced bread and butter Accord! Its a segment where you price it right and move massive units or get out of the way for the next manufacturer to rule this class. The Camry still rules the sales crown and Honda is not challenging for that coveted crown by sticking to MSRP. As somebody else already mentioned, dealers like Weymouth are already advertizing $500 over invoice on several models. Please do a little reading (and thinking) before commenting in future.
#27540 of 32216 Re: 2013 Accord Sedan EX-L - Price Break Down [alvlee01]
Nov 20, 2012 (7:49 pm)
I respectfully do not agree with your post. Less than 3 weeks ago I purchased an Accord 2013 EX-L V6 no navi (MSRP sticker $30,860). Price I paid was $27,794, plus $55 for wheel locks, $399 Processing fee plus VA sales tax and tags. Total out the door price was $29,101. There was no trade in, this was strictly a new car purchase. Based on my experience I can assure you that following the methodology described by carcam123 does work.
#27541 of 32216 2013 EX in SoCal
Nov 21, 2012 (8:47 am)
I am getting Out of Door quotes of $25350 , car price being $22999 , Is it a good deal ?
Also the dealer is asking almost $250 for splash guards and wheel locks , are they really needed ?
#27542 of 32216 Re: 2013 Accord Sedan EX-L - Price Break Down [hondafan31]
Nov 21, 2012 (9:41 am)
he was talking about below invoice price, not MSRP.
Factory invoice is $27502 + destination Fee 790=28292, to me any price below $28292 is a good price, not sure what people mean when they say under invoice: factory invoice or factory invoice + destination fee.
I paid for my first accord in 2008 factory invoice + $100, currently the deals I'm getting include destination fee, which is $790 more
#27543 of 32216 Re: Money Factor/Residual Value [maxpower02]
Nov 21, 2012 (2:06 pm)
MF is set by the leasing company based on your credit score. While you can negotiate financing rates with the dealer, I've never heard of anyone who has negotiated the MF.
I have seen some advertised lease rates for the Accord that are definitely third party leasing companies. The Honda Financial bank fee is $595 so if you see a different amount in the ad, you know it's not Honda - but stay away, they will get you at the end. I just turned in a Camry leased from Toyota Financial with eight scratches and dents, including a big gash on the bumper. The damage came to $1,200 on the pre-inspection report but I wasn't charged a penny. Toyota wants you to lease another car in the future. I've leased from Saab (twice), Volkswagen, Subaru and Mazda. Only one charged me a small amount for damage and it was $1,000 less than the collision shop quoted me. The only car I leased thru a third party was an Audi thru Hann Financial. I had one little scratch and a little ding, and they hit me with a bill over $1,000 (it was in the early days of leasing before pre-inspections). Pay the extra few bucks a month to Honda Financial.
#27544 of 32216 Re: 2013 EX in SoCal [km19]
Nov 21, 2012 (5:48 pm)
Does the $25,350 include Taxes and destination fee. If it does, then the price is fair. I'd say $250 is about right with the wheel locks. You can go to the Honda estore and price the items. The estore gives U the MSRP for the accessory and then lists below that price with installation. The dealer can't do it for free so if the difference is reasonable It's a fair price. You can find the Honda estore on their website or just google it.