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Honda Fit Prices Paid and Buying Experiences

2420 messages,  Last post on Nov 26, 2009 at 5:28 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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#1784 of 2420
Re: Delivered My First '09 Fit Sport A/T [broadwaytoshop] by mplshondadlr
Sep 08, 2008 (8:59 am)
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Replying to: broadwaytoshop (Sep 05, 2008 9:21 am)

Thats why it's a Manufacturer SUGGESTED Retail Price. In other words, we (Honda) thinks it's worth $X however you may be able to sell it for $Y to the right buyer.
 
It works both ways I guess. Aside from the Fit and the Civic Hybrid, I cant think of a Honda model that sells for MSRP. The rest fall way short of MSRP.
 
Again, we don't mark them up over MSRP. I think we would rater sell them at MSRP without adding a bunch of crap like wheel locks and splash guards.
#1785 of 2420
Re: Delivered My First '09 Fit Sport A/T [mplshondadlr] by broadwaytoshop
Sep 08, 2008 (2:04 pm)
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Replying to: mplshondadlr (Sep 08, 2008 8:59 am)

I can not tell you how many times I have had to attempt to justisfy, unsuccessfully mind you, the $995 in additional fees that the dealership charges for wheel locks, mud guards, and door edge guards. Because these add-ons are put on during pre-delivery inspections, must potential customers are very displeased with having to negotiate the cost vs retail of these non-requested items. It is a very one sided approach to raising profit, that make it very difficult to be competitive with other dealerships in the area. I understand the reason for suggestively selling these items, however more often than not, the cost of these items end up being absorbed internally(ie less commisionable gross). If a potential client wants these items, they generally would be willing to pay the retail cost of adding them to the vehicle.
I agree the price of the most Hondas, in most situations, fall short of MSRP anyway.
Adjusted Market Value is one thing, Additional Dealer Mark-up is something entirely to subjective to defend.
#1786 of 2420
Re: Delivered My First '09 Fit Sport A/T [broadwaytoshop] by backy
Sep 08, 2008 (2:35 pm)
Reply

Replying to: broadwaytoshop (Sep 08, 2008 2:04 pm)

MSRP = Manufacturer's Suggested Retail Price
 
In a free enterprise system like the one we enjoy here in the U.S., there is no reason anyone needs to defend the practice of "additional dealer markup." But there's also no reason you have to put up with it, if you don't like it. You can take your dollars elsewhere. And if enough people do that, there will be no more "additional dealer markups."
#1787 of 2420
Re: Delivered My First '09 Fit Sport A/T [broadwaytoshop] by brianflys
Sep 08, 2008 (7:25 pm)
Reply

Replying to: broadwaytoshop (Sep 08, 2008 2:04 pm)

"Because these add-ons are put on during pre-delivery inspections, must potential customers are very displeased with having to negotiate the cost vs retail of these non-requested items."
 
I was able to catch my car right off the truck and instruct the dealership to not add any add-ons. It's one thing to add some value with these accessories. It's another to gouge the customer. One dealership (not where I bought the car) offered me a "deal" of the protection package for a bargain price of $695 rather than the normal $1295. Of course parts at retail and labor resulted in a 97% profit on this, even at the "deal" price. Pass.
 
Yes, any dealer can ask what price they want. And I am free to (and did) shop elsewhere. I believe the economy is soft enough that we will see these ADMs disappear pretty quickly. I am already seeing Fits arriving and sitting at dealers without immediate buyers.
 
So, when will we see Fits selling for $100 over invoice?
 
Cheers!
#1788 of 2420
dealer extra accessories, plastic bra by goldgary1
Sep 09, 2008 (6:46 am)
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Speaking of plastic bra for new cars, Fit specifically, has anyone ever had this added to their car? Does it work well? Any drawbacks?
 
It does look like a nice idea, but I don't see it costing $995.00 per dealer.
 
Just looking for some feed back with real world experience on this.
 
Thanks, Gary
#1789 of 2420
Re: 2009 Honda Fit Sport [mplshondadlr] by 78transam
Sep 12, 2008 (8:16 am)
Reply

Replying to: mplshondadlr (Aug 30, 2008 5:54 am)

I am buying an Acura TSX from someone who has ordered a Fit from one of the Mpls area dealers. The Fit was built on Aug 29. Do you have a WAG about when Mpls delivery would occur? I buy the TSX when they buy the Fit.
#1790 of 2420
Re: dealer extra accessories, plastic bra [goldgary1] by 78transam
Sep 12, 2008 (8:19 am)
Reply

Replying to: goldgary1 (Sep 09, 2008 6:46 am)

You can buy kits on ebay for much less. Search on 3m bra Fit.
#1791 of 2420
Re: 2009 Honda Fit Sport [78transam] by mplshondadlr
Sep 12, 2008 (9:57 am)
Reply

Replying to: 78transam (Sep 12, 2008 8:16 am)

First two weeks of October.
#1792 of 2420
Re: 2009 Honda Fit Sport [78transam] by badself
Sep 12, 2008 (11:47 am)
Reply

Replying to: 78transam (Sep 12, 2008 8:16 am)

It looks like the turnaround is slightly over four weeks.
 
My '09 Fit Sport was built August 4-9 and arrived in Baltimore September 10.
#1793 of 2420
Poor Dealer Experience by rlh2
Sep 13, 2008 (11:31 am)
Reply
Shopping for '09 Fit by internet for pricing. Found one under MSRP, accepted the offer, and was then informed that the price had been changed to $2500 above MSRP! Dealer was unwilling to honor offer extended to me for this car. So, I encourage you to AVOID HONDA OF THOUSAND OAKS due to their unacceptable business practices.

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