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You are in the Prices Paid - Buying & Leasing Experiences
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Honda Fit, Hatchback, Wagon
#1705 of 2642 Fit Prices Paid
Aug 14, 2008 (6:16 pm)
I have bought 3 new 2008 Fit Sport Automatics since December of 2007. The MSRP on each car was the same, $16,705. All were purchased cash (no financing) and no trade-in.
The first one (blaze orange) was bought in Lincoln, NE, in Dec of 2007 for $16,322 and no documentation fee, or $200 over Honda's generally recognized "invoice" cost for this car of $16,122.
The second (milano red) was bought in Omaha, NE in Mar of 2008 for $16,167. or $45 over invoice, again no documentation or other added fees (except for state sales tax, license, registration, the items you pretty much have to pay in any state).
The third (vivid blue) was bought in Lincoln in June 2008, same dealer as the first, for $16,122, or invoice, no doc fees or add-on.
In each case I paid anywhere from $383 to $583 UNDER "invoice" (who knows how much the dealers actually pay Honda for the vehicle).
The moral of the story is that it is possible to get a good deal on a new Fit, but your chances of doing that appear to be greatly swayed by where you live in the country. It appears Fits are selling for anywhere from MSRP to way higher on both the West and East coasts, due to demand greatly exceeding supply. So if you can buy a Fit in the Midwest (or possibly the Southeast or Southwest) for $500-$2,000 less, it might be worth it to locate and close a deal on a Fit with a Midwest dealer and then go pick up the car there (depending on how far you have to travel).
The dealers I bought from were Williamson Honda (Lincoln, NE) and O'Daniel Honda (Omaha, NE)
Also, due to the high demand/low supply current situation with Fits, the Kelley Blue Book private party values have shot way up in the last couple months, and are currently $1000-2000 MORE for a like-new used Fit than a brand new one bought from a dealer - go figure.
#1706 of 2642 Re: Fit Prices Paid [fitisgo]
Aug 16, 2008 (6:17 am)
"Also, due to the high demand/low supply current situation with Fits, the Kelley Blue Book private party values have shot way up in the last couple months, and are currently $1000-2000 MORE for a like-new used Fit than a brand new one bought from a dealer - go figure."
Which makes me wonder why any dealer would even bother discounting a vehicle that a consumer can turn around and make money on?
I'm sure if someone offered you $18000.00 you would sell it in a heart beat, but if a dealer sold it for that price you would call them a rip-off.
#1707 of 2642 Re: Purchase strategy
Aug 16, 2008 (3:04 pm)
Just bought my first honda this week.
Fit, manual transmission. $500 below sticker price. Dealership is Martin in Newark, Del.
*BEWARE* this dealer and a bunch of other Honda places are trying to put a $1,000 "market upcharge" on really in-demand models such as the Fit. Don't fall for it.
It was their second to last Fit on the lot. They didn't expect any more until the '09s arrive. The remaining one is a gold Sport, if anyone is interested.
#1708 of 2642 Re: Fit Prices Paid [mplshondadlr]
Aug 16, 2008 (3:09 pm)
Any Fits left in your area? We are OUT of 2008's and so is everybody else.
Our phones ring constantly from people looking for them.
Taking deposits for 2009's that will be arriving in October and probably half of those are pre-sold now.
#1710 of 2642 Re: Fit Prices Paid [isellhondas]
Aug 17, 2008 (5:28 pm)
They seem to be all gone here in Central PA too.
I'm posting Mom's '07 base automatic with 17K miles for sale this week. She can't wait for her 09!
#1711 of 2642 Re: Fit Prices Paid [isellhondas]
Aug 18, 2008 (6:39 am)
According to my "On-Order detail" we have 36 2009's assigned to us. Only 14 have production dates so far. Of the 36 '09's just one is available; a silver base M/T.
We are long sold out of the 2008's.
#1712 of 2642 Deposit left today...
Aug 19, 2008 (2:30 pm)
Just left a deposit on a 09 Sport Automatic.
My local dealer is charging MSRP which was quoted as $17,580. They have a $70 doc fee that I couldn't negotiate away, but I'm happy overall.
Now who wants to buy the 07?
Aug 19, 2008 (7:12 pm)
I stopped by one of my local Honda dealers a few days ago to see if they had any info on the 2009. The salesman told me he would get some information together and email it to me. Not. I was also told I could put a deposit on one of the incoming cars. I asked what was required and he replied $2500. I asked him if it was refundable since the car was not available for viewing. He said one of the managers would explain that to me, if I didn't like the Fit, the deposit would be applied to another vehicle. It was not refundable! No thank you, I'll look elsewhere.