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You are in the Prices Paid - Buying & Leasing Experiences
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Honda Fit, Hatchback, Wagon
#1979 of 2642 Re: Honda Fit: Prices Paid & Buying Experiences [Sylvia]
Jan 22, 2009 (8:21 pm)
I'm picking up my silver 2009 Fit sport model with manual transmission and navigation system tomorrow. The financing is all worked out and the car is gassed, cleaned, and ready to go. I would have picked it up tonight but the dealership closed before I got off work. I'm paying MSRP for it and I that's more than okay for me. The invoice price is so close to MSRP that it's not worth it to haggle over $600. During these tough times I say let the dealership make some money and keep the resale of these vehicles high. People love getting cars at bargain basement prices, but that does nothing for your resale value in the long run. There's a reason used Honda Fits and used MINI Coopers sell for close to MSRP, and it's not because the dealerships are blowing them out at $2,000 under invoice.
This will be a second car for me. My other car is a 2009 Hyundai Sonata V6 Limited that I love! Best car I've ever owned. However I'm getting a dog and the breed I'm getting is very rambunctious and powerful. It would absolutely tear up my beautiful interior. But a hatchback is perfect because I can buy a pet tent restrainer and put him in there so he stays put, and my car doesn't get destroyed. Plus when gas prices shoot back up to $5 a gallon it will be nice to have an alternative car that gets amazing mileage like the Fit for long trips and such.
The 2007-2008 Fit is not a car I would have considered buying even as a second car, but the 2009 is so improved I think that it's a much better purchase now. Everything single thing about the earlier models I didn't like has been rectified in the 2009 model. I'm very excited to have this as a second runaround car, can't wait to pick it up tomorrow!
#1980 of 2642 Re: Honda Fit: Prices Paid & Buying Experiences [dgs4]
Jan 23, 2009 (6:07 am)
i can appreciate your point about resale values, but i personally couldn't care less about that. in these hard times, as you put it, getting a good deal on a good car is crucial for consumers on a tight budget (like me). getting the best possible price is my ONLY concern. i plan to drive my '09 fit sport manual until the wheels fall off anyway, so resale value doesn't even enter into it for me....nor for a lot of people. having said that, resale values are not so attached to reality anyway. they are based more on buyers' perceptions of how good a car is, than the reality of how good that car it is, or what people pay for it, although it is a factor. honda products will always have higher than avg value because of buyers' perception that that are always superior cars. compare this to gm and ford products, which are comparable to honda in many cases, but still suffer from ridiculously low values because buyers still have a 1980s perception of those products.
#1981 of 2642 Re: Honda Fit: Prices Paid & Buying Experiences [dhectorg]
Jan 23, 2009 (12:54 pm)
My guess is that Honda resale has a bit to do with high quality and I would have a hard time believing that it is all perception.
For anyone who thinks resale value is not important, think about this....if your car should be totaled and the insurance company has to value your vehicle, if you are driving a low resale value vehicle, it might be hard for you to replace your vehicle with a similiar one without a lot of hardship. My insurance company looks at what the model is currently selling for as a used vehicle and if it selling for thousands less after a year or two, this will impact your payout. MY 07 was totaled and I got a decent amount for it.
Also, I never used to think I cared about resale but if you own your car for ten years and you are really ready to get a different car because cars have changed and you might be able to afford a new car, it is nice to get a decent amount for your car to go towards your next car.
Also, I agree with the other poster that right now we should care about helping the dealership stay in business and paying MSRP is not that big of a deal IF a person feels they can afford it or if it is worth it. Something is worth whatever someone wants to pay for it.
With that being said, I understand you are needing to save money and certainly I need to save money too and I lucked into a very good deal on my 09 FIT due to budget restraints, I just stayed patient and it came my way..
#1982 of 2642 Re: Honda Fit: Prices Paid & Buying Experiences [absconfused]
Jan 24, 2009 (9:55 pm)
Very good response absconfused. I'm all for keeping a car for 10 years or more. I plan on doing the same with my 09 Sonata and with my 09 Fit. But for the reasons you cited resale is very important.
The difference between MSRP and invoice on the Fit (at least the sport model with navigation I bought) is $600. If $600 is going to make or break you you're buying the wrong car. I consider a fully loaded car at $18,500 a relatively inexpensive car to begin with. I'm 40 years old, and I'm not sure if I'm the Honda Fit age or income (over $60K a year) demographic. The employees I work with and close friends pretty much drive around in cars that cost easily two to three times the amount of my "fully loaded" Fit, so to me $18,500 is cheap. I was not about to haggle with the dealership over $600 when I know the $600 is far more important to them right now than it is to me.
However as far as economy cars go I assume $18,500 is a lot of money for someone more typical of the demographic Honda expects to purchase the car, and in that case hopefully you're very realistic about your financial situation. Again, if $600 is the difference between a sale and no sale maybe you need to look at a less expensive vehicle, like a Chevy Aveo or a Ford Focus, both of which sticker for less than a Fit and provide additional room for price negotiation.
I've had a blast with the car today by the way. Honda has a home run with this 2009 model. After driving it around all day, for the price the only things missing are an outside temperature gauge and a center armrest with storage. There is a great one offered by Honda as an accessory option, but only for the automatic version, what's up with that??? A sunroof, and auto-dimming mirror would have been nice options as well.
#1983 of 2642 Re: Armrest With Storage
Jan 25, 2009 (6:43 am)
i posted about the center armrest a while back. i have a '09 fit sport manual and i also wanted the armrest. dealers are NOT AUTHORIZED to install them on manuals because the shifter sits lower than in the automatic. honda's concern is that the larger armrest will be in the way as you shift (and we all know how obsessed honda is with safety, which is a good thing!) in any case, you can buy it aftermarket and install it yourself, which i did. your arm does have to "decline" slightly towards the shifter because of the larger armrest sits a bit higher, but it's definitely no big deal!
i've also heard from people on other forums that have found dealers that will install them anyway, especially since they're trying to make extra cash any way they can right now. you could call around to see if one in your area will oblige.
#1984 of 2642 Re: Current offers from my dealers [Sharpiee]
Jan 26, 2009 (5:08 pm)
Hi, I just a got a quote from DCH Honda of Lemon Grove. The internet manager quoted me $15,777 + fees for a 2009 Fit Sport Auto w/out Navi. The OTD is $17,300. This is almost $1,000 lower than other dealers in the area.
He says he just got approval to knock down the prices on Fits till the end of the month.
Does anybody have experience with this dealer? The price seems to good to be true.
#1985 of 2642 Re: Current offers from my dealers [sonero]
Jan 26, 2009 (5:21 pm)
If I were you I would buy it right now
#1986 of 2642 Re: Current offers from my dealers [sonero]
Jan 26, 2009 (6:32 pm)
I would not worry about the deal being too good to be true. I walked out for 17,000. I have not made much of it b/c I thought nobody would believe me and kind of fell into my lap...it was 15400 plus 589 doc fees and tax in Ga. I got a new 09 Sport no nav as well.
If you ask them to run the VIN for you, be sure it has not be wrecked, which I am sure it has not been, look the car over very well, open the hood, check the paint for scratches, check the manufacture date just for the heck of it to see how long it has been sitting there etc but go for it....do not be surprised if they do not give you pick of colors, they might want to sell by max dealer holdback profit date...
Have fun shopping!!!! It is very thrilling when you get such a great deal! I was looking at used FITS when this deal came my way so you can imagine how happy I was! I got mine on Dec 20th
#1987 of 2642 Re: Armrest With Storage [dhectorg]
Jan 26, 2009 (11:53 pm)
Hey dhectorg thanks for the tip about that armrest. I will have to ask and see if my dealer will install it. I never mentioned it because doing the buildout on the Honda website does not allow the addition of the armrest on the manual trans. I would really like that though, also for the extra storage.
I'll give it a shot, if they won't do it I'll just keep calling around. Lots of Honda dealers here in Dallas.
#1988 of 2642 Re: Honda Fit: Prices Paid & Buying Experiences [dgs4]
Jan 27, 2009 (2:54 am)
You and I are certainly in the Fit demographic. I'm 42, make over $60K, but don't want to spend over $20K on a car, want good gas mileage & utility, & a little fun, too. Interesting car, the Fit... big appeal to the 20's tuner crowd (see fitfreak.com), and big appeal to Gen-X and Boomers looking to scale down.
I'm in agreement with you on price. I will pay MSRP on my Fit Sport MT, mainly because I'm out of the country and don't want to spend the time getting dealer down another $300 - $600. I have had success in the past on more expensive cars, especially with the luxury of living in the town and being able to walk out of the dealership.
Glad to hear you're enjoying the car. I am looking forward to it. I have good memories of my 89 Civic Si hatchback and 99 Civic hatchback... looking forward to that lightweight tossable manual transmission hatchback again.
Also agree on a real sunroof. They are available, saw a nice power sunroof install on one site, temple of vtec or fitfreak. Not sure how much it costs, but was very OEM looking.
Enjoy your Fit! Cheers.