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Honda Accord Prices Paid and Buying Experience

29567 messages,  Last post on May 23, 2013 at 8:25 PM

You are in the Honda Accord Coupe Forum.

What is this discussion about? Honda Accord, Coupe, Sedan

Messages Page 2845 of 2957

#28438 of 29567 Re: 2013 Honda Accord EX L South bay Area [wrtoff] by brian125

Feb 14, 2013 (9:20 am)

Replying to: wrtoff (Feb 14, 2013 9:02 am)
no

#28439 of 29567 Re: "Why Buying A Car Is So Awful" [michaelvox] by blueiedgod

Feb 14, 2013 (9:41 am)

Replying to: michaelvox (Feb 13, 2013 10:41 pm)
NPR's Planet Money looks into car buying.
  
Hint: It's all about the state laws protecting franchise dealerships.
  
Very informative.
  
http://www.npr.org/blogs/money/2013/02/12/171814201/episode-435-why-buying-a-car- - -is-so-awful
 
Isn't it the buyer who created the unpleasurable experience? No where else do you haggle over the price. Cars come with MSRP stickers, just like everything else you would buy at a grocery, department, or hardware store.
 
I don't see people going up to a meat counter and haggling over the price of the pork chop?
 
If someone did not want haggle, they would pay MSRP and walk away happy.
 
I like to haggle, I wish I could haggle at the grocery store, hardware, and department stores (sometimes I do, and walkaway with great deals).
 
Most people put too much emotion into buying a car or a house. Once you take the emotion out of it, and make it into a purchase, that is no different than buying a gallon of milk, it becomes a much more pleasurable experience.
 
I have a simple system of buying cars. Once I decide which vehicle to buy, I will reasearch the price, and determine what I am comfortable paying for it. Contact sales people and tell them up front that I know what they paid for the car, and I am aware of their costs, and this is what I am willing to pay. Some will turn it down, some will accept.
 
There are sales people who would rather earn a little bit of comission on the 15 minutes they will spend with me, rather than not earn anything. They realize they could spend 4 hours with someone and earn nothing, at least with me, they are guaranteed a sale.

#28440 of 29567 Re: Is this good price? [peterb4u] by juliankrye

Feb 14, 2013 (9:44 am)

Replying to: peterb4u (Feb 14, 2013 8:43 am)
Sorry if I confused anyone, but no this was a 2012 Accord SE, I believe the 2013 was due in 3 weeks time, as such superb deals were available on the 2012 SE Accords. I am very happy with my Accord, 2013 is nice however couldn't justify MSRP pricing.
 
I am in NJ, North Jersey to be more specific, and the dealers I have worked with on pricing include DCH Honda in Paramus, Ramsey Honda, Route 23 Honda, Garden State Honda and Paul Miller. Most aggressive pricing back then was from GSH due to stock that they had, I got the same deal from Route 23 Honda. I am really happy with Route 23 Honda.
 
Good luck, Julian

#28441 of 29567 Re: "Why Buying A Car Is So Awful" [blueiedgod] by brian125

Feb 14, 2013 (10:16 am)

Replying to: blueiedgod (Feb 14, 2013 9:41 am)
It seems to me that the real dealers cost of any said vehicle we cant truly determine. We have guidlines that the car industry have set up and those are the rules we play by.
Car salesman today are on salary. Most make as little as 100 dollars per vehicle sold.
The formula to buying any vehicle should be started like this.
 
1- Find invoice price
2- Minus dealer hold back
3-Minus rebates and Incentives
4- Minus doc fee's
This is your starting point on buying any vehicle.

#28442 of 29567 Re: "Why Buying A Car Is So Awful" [brian125] by hondaccord09

Feb 14, 2013 (10:27 am)

Replying to: brian125 (Feb 14, 2013 10:16 am)
This kind of offer usually ends up walking away from the dealership. The dealer hold back is $600-$900, so you are basically asking for $1000-$2000 below the invoice price. So the only area that the dealer is making money is freight fee of $790 and appearance package (if installed - $400-$600). You don't get this kind of a deal at the beginning of the year for a hot selling car, I don't think. Good luck.

#28443 of 29567 Re: "Why Buying A Car Is So Awful" [hondaccord09] by jipster

Feb 14, 2013 (10:47 am)

Replying to: hondaccord09 (Feb 14, 2013 10:27 am)
the dealer is making money is freight fee of $790
 
How's that? Destination fee, shipping or freight fee is what manufacturer charges dealerships. How is dealership making money on that?

#28444 of 29567 Dealer hold back 2% of base msrp by brian125

Feb 14, 2013 (6:14 pm)

Honda's dealer-holdback is 2 % of base msrp. The Accords top of the line V-6 touring at $34,000 hold back would be $680.

#28445 of 29567 Quote on EX-L CVT No Navi by mld421

Feb 15, 2013 (11:07 am)

I got a quote on an EX-L CVT of $24000 even before destination (24790 with diestination) The only fee outside of the tax, title, and tags is a 200 dollar doc fee. Should I jump on this?

#28446 of 29567 Re: "Why Buying A Car Is So Awful" [brian125] by blueiedgod

Feb 15, 2013 (11:08 am)

Replying to: brian125 (Feb 14, 2013 10:16 am)
It seems to me that the real dealers cost of any said vehicle we cant truly determine. We have guidlines that the car industry have set up and those are the rules we play by.
Car salesman today are on salary. Most make as little as 100 dollars per vehicle sold.
The formula to buying any vehicle should be started like this.
  
1- Find invoice price
2- Minus dealer hold back
3-Minus rebates and Incentives
4- Minus doc fee's
This is your starting point on buying any vehicle.
 
Where is the salesman's $100 comission coming from if you are paying what dealer paid? Where is the electricity being paid for? Heating? Water? Sewer? Property taxes?
 
So, when you go to a supermarket to buy a gallon of milk, do you tell them that their $4/gallon price is too high, and you want to pay $3/gallon, which is what they paid?
 
Perhaps you never sold a thing in your life, and that is why you think the way you think. One day you will own something, and you will want to sell it. Someone, just like you, will tell you what they should bepaying you. See how you feel.
 
I have a small business, (outside of my day job), and when I have a customer who tells me what it should cost me in parts, and that is what they should be paying me, I flat out tell them since they don't value what I do, they can buy the components them selves and build it them selves.
 
I am not in it for just the fun of it. I am in it for the money. While I like doing what I do, I am not going to do it for free.
 
I am all for being frugal, but people would not be in business if it were not for them making a living.

#28447 of 29567 Re: "Why Buying A Car Is So Awful" [blueiedgod] by jipster

Feb 15, 2013 (11:43 am)

Replying to: blueiedgod (Feb 15, 2013 11:08 am)
Poster said that should be the starting point. Dealer tries to maximise their profit, buyer tries to pay the least. That's the way the game is played in the car business.

Messages Page 2845 of 2957

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