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Honda Fit Prices Paid and Buying Experiences

2413 messages,  Last post on Nov 05, 2009 at 7:34 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1764 of 2413
Re: Only an idiot would purchase fit with ADM [cruzitude] by backy
Sep 01, 2008 (11:33 am)
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Replying to: cruzitude (Sep 01, 2008 10:41 am)

There are dealers who don't play the "ADM" game. One example is Walser Burnsville (MN) Honda, which is charging MSRP for their '09 Fits even if it's to get in line for one they don't have in stock yet.
#1765 of 2413
Who is really to blame, for the "ADM" GAME? by broadwaytoshop
Sep 01, 2008 (2:02 pm)
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Why blame the dealership?
If they set the "ADM" price to high for their products in their market, chances are they will not sell many. In this situation, the market dictates pricing. The dealership will have to discount their products to gain favor in the market place.
If the market accepts these "ADM" prices, however, the dealership will hold the line. The dealership deserves to profit just like any other business in a supply in demand market. In these situations, the Market sets the bar, the dealership is just responding accordingly. What would you do, if you were in charge?
#1766 of 2413
Re: Who is really to blame, for the "ADM" GAME? [broadwaytoshop] by backy
Sep 01, 2008 (2:11 pm)
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Replying to: broadwaytoshop (Sep 01, 2008 2:02 pm)

I'm in charge of how I spend my money so what I'd do is look for the lowest possible price, ADM or no ADM. If it's not to my liking, I'd look for a different car. Maybe what these dealerships who tack on "ADM" don't realize is that there are many, many cars to choose from out there. A few folks who just gotta have a Fit will pay it. I can pass.
#1767 of 2413
Re: Who is really to blame, for the "ADM" GAME? [backy] by mplshondadlr
Sep 01, 2008 (2:33 pm)
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Replying to: backy (Sep 01, 2008 2:11 pm)

My Minneapolis area Honda dealership dosen't mark 'em up over invoice either. However, a person could buy one from me tomorrow and then turn around and sell it for a 2k-3k profit.
#1768 of 2413
Re: Who is really to blame, for the "ADM" GAME? [mplshondadlr] by backy
Sep 01, 2008 (2:39 pm)
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Replying to: mplshondadlr (Sep 01, 2008 2:33 pm)

Meaning there are people out there willing to pay $3500-4500 over MSRP for a Fit (since the original buyer would need to recoup his/her tax/license/fees paid)? Wow. What was it that P. T. Barnum said?
#1769 of 2413
Re: Who is really to blame, for the "ADM" GAME? [backy] by broadwaytoshop
Sep 01, 2008 (3:11 pm)
Reply

Replying to: backy (Sep 01, 2008 2:39 pm)

If the Dealership attempts to cash in based on "ADM", they are seen as thieves, however, the individual that buys low and sells high, he is a genuis?
Seems like a bit of a double standard.
#1770 of 2413
Re: Hard Front Seat [sandman46] by absconfused
Sep 01, 2008 (3:16 pm)
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Replying to: sandman46 (Sep 01, 2008 10:58 am)

Hey sandman
 
the Fit is just ok...I only got it b/c I like small cars, need storage, and try to buy the most reliable car i can afford given those other two criterion.
 
If you want to compare the Civic, there is no comparison my 07 and the o7 civic but I heard the 09 has better upholstery...not sure if it is true...the past Fits take a lot of getting used to when you are used to a more plush interior...It was a bit of an adjustment for me....very minimal and cheap...felt for carpet HA! But it serves me and the Civic is too big for me...I really like a small car.
 
And I like the higher ride in the Fit vs. Civic which is totally opposite...I put 17 inch wheels and tires on (black wheels) on a red car and it looks so great and I have good rain tires so I feel safe....
 
Gas mileage on the civic can be as good or usually better than the Fit....
 
In order to be happy with the Fit you really need to want its features, like the storage flexibility...this car has been really difficult for me to drive long distances where the interstate highways have upward slopes...It's not like my gas mileage is sooo great that it's worth how hard it is to get up to a normal speed on a hill on an extended drive. Local driving is not a problem though and when you reach your speed it is no problem....
 
Again, I am happy with my purchase b/c it was my best choice given the options I considered and test drove and reviewed but if I did not need the storage flexibility I might still get it due to size.
 
I really wanted a Mazda hatchback but I have had two and they both started having problems around 60,000 and they had lousy reviews on so many of their vehicles due to faulty this and that so I did not opt for a third one!!
 
#1771 of 2413
Re: Only an idiot would purchase fit with ADM [cruzitude] by badself
Sep 01, 2008 (7:32 pm)
Reply

Replying to: cruzitude (Sep 01, 2008 10:41 am)

Not to worry. Mine will be coming Sept 4-9, and here in Maryland, dealers are willing to go MSRP. I will be paying MSRP minus a small discount, plus taxes, title, and tags. Maybe that's why I feel paying over MSRP at this price point (nav/vsa) is insane. I love the Fit, and I love it more at MSRP or better, that's all.
#1772 of 2413
"Protection Package" added to MSRP? by brianflys
Sep 01, 2008 (10:25 pm)
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Getting email quotes from local dealers using the Edmunds site. The good news is I am getting quotes at MSRP without (apparent) ADM.
 
But it's still quite the challenge to get real apples-to-apples comparisons. All so far include the destination as part of the MSRP, but have language in the quotes stating that "dealer installed options" and other fees would be extra (I did, but cannot assume these fees are just tax & tags). I specifically said to exclude all dealer add-ons, but it appears I need to be very specific to make sure nothing is added.
 
One dealer has stated that the "Protection Package" of mats, wheel locks, door edge moldings, and cargo tray is pretty much a manditory addition (at his store) to the MSRP price, at the bargain price of $695 (for parts that I found retail for $293). Says the parts are shipped with the car and the dealer pays for them, then installs them and gets the added profit to make up for the apparent "charity" pricing on the Fit with its tiny profit. Saw this package listed as $1295 add-on on one Fit when visiting some dealers.
 
Another dealer says the "Protection Package" is included in the MSRP quote (also destination is included in the quote). But they do not list the actual components making up the package. Still waiting for clarification from the other dealers.
 
So are you buyers just adding on the "protection package" to MSRP or are you telling the dealers to leave it all out (or include the items at no additional cost)? Are dealers insisting on including these heavily marked up items? Maybe buy the parts at some agreed to price (since they are worth about $250 via email parts sources) and you install them later?
 
Just reinforces that getting these email quotes does not mean I have the whole cost picture, despite clear instructions to not include any dealer options in the quotes. Need to get in writing clear confirmation of exactly what is included with the MSRP quote, as well as what exactly is every other fee being charged.
 
Anyone sent your prospective dealers a quote sheet or spreadsheet to fill out to get all of the cost items (including all of the "fees")? Think I will do this as the next step for the short-list of prospective dealers.
#1773 of 2413
Anyone knows can I lease a 09 Honda fit sport ? in SF Bayarea , CA ? by movingsale45
Sep 01, 2008 (10:47 pm)
Reply
Anyone knows can I lease a 09 Honda fit sport ? in SF Bayarea , CA ?
if so , what is the Money Factor and residual value? Thanks

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