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Honda Fit Prices Paid and Buying Experiences

2420 messages,  Last post on Nov 26, 2009 at 5:28 AM

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What is this discussion about? Honda Fit, Hatchback, Wagon


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#1485 of 2420
Re: OTD price ?? Give us more details!!! [davethecarnut] by backy
Mar 18, 2008 (6:25 am)
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Replying to: davethecarnut (Mar 17, 2008 10:17 pm)

In some areas some sort of documentation fee is very hard if not impossible to negotiate away. There is a set doc fee in some states, which is not much, around $50-75. But in some states, there is no set doc fee so dealers are free to charge as much as they want for it. That adds to their profit so should be negotiable. Or if not, just something to consider in the overall price of the car.
 
For example, if one dealer is offering the Fit at $15,000 plus $399 doc fee, and another is offering the same car at $15,400 plus a $50 doc fee, which is the better deal? (Also consider you will pay additional tax on the extra $400, but not on the $399 doc fee.)
#1486 of 2420
Re: OTD price ?? Give us more details!!! [scottc3] by kj898
Mar 18, 2008 (7:38 am)
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Replying to: scottc3 (Mar 17, 2008 1:17 pm)

Guys, Out the Door, means the final price, including all taxes, license, fees, ... Also statements like $15,600 OUT THE DOOR tell us nothing. Is this a sport model, the base model, have floor mats? any other extras, like extended warranty.

 
Let's see, I posted:
 
"2008 Fit Sport MT"
 
My understanding is that this means 2008 (year) Fit (model) Sport (trim) MT (manual transmission).
 
Also posted:
 
"15,600 out-the-door"
 
$15,600 out the door wasn't meant to "tell us nothing," but rather to say that this is what I paid including all taxes and fees. I didn't mention any extras because I declined all options and additional warranties. The price before all the taxes, fees, etc, was $14,420 ("for the car alone," to use your terminology). This was the best price I was able to get on the Internet, and I got it from two different dealers.
 
Sorry if I wasn't clear the first time.
 
The car was purchased in Maryland.
#1487 of 2420
Re: OTD price ?? Give us more details!!! [kj898] by plekto
Mar 18, 2008 (11:02 am)
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Replying to: kj898 (Mar 18, 2008 7:38 am)

It's a Honda. My Toyota 4Runner has 350K on it, and it's a nearly identical 4 cylinder engine, technology-wise(yes, it's an old model - heh). So the drivetrain is nearly bulletproof. Actually, simpler as mine is 4x4. The Fit is a simple FWD design.
 
$1200 buys two clutch jobs, and that's about all that's going to fail that's important to the working of the car. You son... he can fix his own window regulators or a/c vents an other minor stuff that breaks on most every car when the time does finally come for minor repairs. But, with the Fit, there's not much *to* break in the first place. I'd op for neither option and enjoy the savings.
#1488 of 2420
Re: OTD price ?? Give us more details!!! [backy] by gevans17
Mar 18, 2008 (6:58 pm)
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Replying to: backy (Mar 18, 2008 6:25 am)

Document fees are total bullshit. One Honda dealer said he could not waive his $400 document fee. I told him I wanted to meet his $400/hour secretary. Went to a different Honda dealer and paid $50 bucks for documentation.
#1489 of 2420
Re: OTD price ?? Give us more details!!! [gevans17] by backy
Mar 18, 2008 (7:43 pm)
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Replying to: gevans17 (Mar 18, 2008 6:58 pm)

So the $50 doc fee you paid was not total b.s., right?
 
Thanks for illustrating my point with your real-world example.
#1490 of 2420
Re: OTD price ?? Give us more details!!! [davethecarnut] by vbnsman
Mar 20, 2008 (4:54 pm)
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Replying to: davethecarnut (Mar 17, 2008 10:17 pm)

The best quotes I have gotten in the Hou TX area are:
 
17400 OTD 2008 FIT Sport auto
 
15200 OTD 2008 FIT Sport manual
 
Has anybody in the area gotten better? I am especially interested in the auto.
If I could get in the low to mid 16000s I would buy today.
#1491 of 2420
Re: OTD price ?? Give us more details!!! [vbnsman] by alamocity
Mar 20, 2008 (9:07 pm)
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Replying to: vbnsman (Mar 20, 2008 4:54 pm)

Here they run about $500.00 more the last time I checked so price doesn't sound too bad.
#1492 of 2420
Re: OTD price ?? Give us more details!!! [backy] by davethecarnut
Mar 24, 2008 (10:21 pm)
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Replying to: backy (Mar 18, 2008 7:43 pm)

Hmm...ok, backy, I guess it is a state to state thing...Are they saying DOC fees are part of the registration purpose? Or are dealers up front in saying that they are a profit "cushion"? But gevans has the right attitude. It's a free market. Capitalism works two ways. The Buyer and the Seller have to come to an agreement. It ain't all about the Seller. But some dealers like to think so. In California, they try to do the DOC thing and they sometimes try to do the "advertising fee" thing. It's laughable. Just remember three things: purchase price, sales tax and registration.
#1493 of 2420
Re: OTD price ?? Give us more details!!! [davethecarnut] by backy
Mar 25, 2008 (7:32 am)
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Replying to: davethecarnut (Mar 24, 2008 10:21 pm)

There is some "documentation" work to do on a new car. But some dealers charge more than is necessary to cover their costs for the work, if it is allowed by law (see below). So then it adds to their profits.
 
I consider advertising fees part of the cost of doing business. If a dealer wants to add on a special fee for "advertising", that's fine with me, but it all goes into the mill for calculating their bottom-line price.
 
And that is what it's all about for me. What is the dealer's best price, before license/title fees (which will be the same in a given state for a given car, no matter who the seller is) and sales tax (which is a set percentage for a given area, but will vary with sales price)? I really don't care how they go about figuring out what their best price is. They can toss in big documentation fees or advertising fees or whatever they want into it. But that's the number I'll compare to other offers from other dealers.
 
P.S. I don't have to play the documentation fee game where I live, in MN, because it's a set fee, built into new car contract documents. The last time I bought a new car, four years ago, the doc fee was $50.
#1494 of 2420
Re: OTD price ?? Give us more details!!! [backy] by vbnsman
Mar 26, 2008 (9:33 am)
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Replying to: backy (Mar 25, 2008 7:32 am)

I mostly agree with backy. Before I bought a 2008 Fit Sport AT, I had several sales offers from different Honda dealers. My experience was, if they choose, dealers can adjust the car price and fees in order to meet the final price (drive off) offer. I saw this several times when they would write up a contract at a higher price, tear it up and come back with a contract to meet a lower offer.

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