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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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#1856 of 2420
Re: First Car [cd3334] by nascartrash
Oct 16, 2008 (6:31 am)
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Replying to: cd3334 (Oct 16, 2008 5:43 am)

sell your car yourself
walk in with cash and your own financing.
dont buy any extras.
you are a fresh fish out of the water dot get cooked.
#1857 of 2420
press request by kirstie_h HOST
Oct 16, 2008 (8:28 am)
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A reporter is interested in talking with owners of a 2009 Honda Fit. If you are interested in commenting on your experience, please reply to jwahledmunds.com no later than Monday, November 3, 2008 and include your city and state of residence, the model year of your vehicle and the age of your child/ren.
#1858 of 2420
Re: First Car [cd3334] by ellenoc
Oct 16, 2008 (10:56 am)
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Replying to: cd3334 (Oct 16, 2008 5:43 am)

If I'm reading your message correctly, that would mean you are paying $21,000 for the car, which is very high. If your trade-in car isn't really worth $5,000, the price may be less. For example, if your trade is really worth $4,000, you're paying $20,000; if the trade is worth $3,000 you're paying $19,000, etc. My Fit is an '08 and I haven't spent a lot of time on '09 prices, but I think your price ought to be more like $17,000 for the car you're looking at if it's really a Sport. (You use the word "base" to describe it later in your message.)
 
Before you visit any other dealers, do some research on pricing at Edmunds so you have an idea what you should be paying for the Fit. You can also research what your trade-in car is actually worth (to the dealer, not to a private party). Then if you don't want to sell your trade-in car yourself, I think the best procedure is to go in to a dealer, tell them you won't be trading anything, negotiate a price for the car, then "change your mind" and ask what they'll allow for your car in trade. There are good "how to buy a car" articles in some of the car magazines and on the internet.
 
It's all a balancing act. What good does it do you if they're generous in the trade allowance, if the price of the Fit is too high? What good does a low price on the Fit do if they're only allowing half what your trade is worth? It's the combined effect of both trade allowance and new car price that matters to you. Also keep in mind that everything except taxes and licensing costs are part of the price of the car. So if you want to pay MSRP and the dealer supposedly gives you that price and then on the paperwork there's a "dealer's fee" of $600, that means if you buy that car, you're paying $600 over MSRP. Which is fine if you're willing, but don't believe "everybody" charges that $600 or they "have to" charge it, etc.
 
Good luck.
#1859 of 2420
Re: First Car [cd3334] by carman289
Oct 16, 2008 (3:28 pm)
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Replying to: cd3334 (Oct 16, 2008 5:43 am)

$20,000 is way out of line. I have an 07 Fit Sport 5 speed MT that I paid $16,200 out the door which included three accessories. I'm going to sell it and buy a new 09 Fit Sport 5 speed MT which I will pay around $17,300 out the door with no accessories. Note, 5 speed MTs are hard to find. Good luck.
#1860 of 2420
Re: First Car [cd3334] by mplshondadlr
Oct 16, 2008 (4:52 pm)
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Replying to: cd3334 (Oct 16, 2008 5:43 am)

My guess (and it's just a guess) is that is the total cost after all payments plus down payment. So you would be about $20K after 5-6 years of financing. My guess is six years given it's your first car and you're trying to keep the payments low.
 
Othwise, don't do the deal.
#1861 of 2420
Re: MSRP Fit in So California [ardentazn] by rlh2
Oct 18, 2008 (3:34 pm)
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Replying to: ardentazn (Sep 15, 2008 6:34 pm)

One more dealership to add to this list: Power Honda in Valencia, CA.
 
Recently purchased a Silver '09 Fit Sport with AT & NAV at MSRP. Experience was very positive.
 
Excellent features, fun to drive, great mileage, family loves it
#1862 of 2420
Re: MSRP Fit in So California [rlh2] by kenbt
Oct 18, 2008 (11:03 pm)
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Replying to: rlh2 (Oct 18, 2008 3:34 pm)

Getting an MSRP deal in So Cal is nothing...
 
I know it is easy to get below MSRP in LA Area...
#1863 of 2420
Re: MSRP Fit in So California [kenbt] by rlh2
Oct 18, 2008 (11:30 pm)
Reply

Replying to: kenbt (Oct 18, 2008 11:03 pm)

Below MSRP with NAV? Experienced many dealers with ADM or MSRP with 'mandatory' purchase of dealer-installed accessories or other 'extras'.
 
Glad to hear good deals are available.
#1865 of 2420
Just bought 09 Fit Sport!! by mhua79
Oct 24, 2008 (10:24 am)
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I just bought my 2009 Honda Fit Sport last night. I LOVE it! I got it in Milano Red, no navi, they threw in wheel locks, pinstripes (which I didn't want, but not a deal breaker), and those shields for the rim right above the wheel area. No hassles. They tried to upsell, but not super aggressive when they saw I was firm. Paperwork was fast - about an hour.
 
I paid $16,975, added fees and tax, out the door of $18,572.19.
 
This is at Pacific Honda in San Diego.

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