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Prices Paid: Buying & Leasing Experiences Honda Fit Prices Paid and Buying Experiences
2426 messages, Last post on Dec 04, 2009 at 7:53 PM
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Replying to: chas0215 (Jun 11, 2009 3:37 am) The 5-7% number is listed in Edmunds.com website under "Tips for Buying a New Car." The number $5000 is approximate( a knowledgable friend of mine tossed it at me one day in conversation) and as I stated in my post, I wasn't claiming it was accurate. I was inviting others who might know for absolute certainty to share. I do think it is a GREAT question to ask and consider. Just exactly how much profit are these corporations making off of consumers? I think it is obsecene that car salesmen often work 50-60 hours per week , not even receiving an hourly wage and get small "bonuses" when the corporation is making a killing on each sale. And buyers should be intensely aware about this whole "holdback" issue when negotiating for the purchase of a new car. Don't ever feel guilty about asking for $500 below invoice as a starting point for negotiations.
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Replying to: toscabella (Jun 11, 2009 7:30 pm) If you want to vent your anger or frustration about corporations making obscene profits start with big oil companies like Exxon Mobil and go from there. American Honda either directly or indirectly employs a lot of people in this country and we need Honda and car companies like it to stay profitable for a better U.S. economy. http://www.nytimes.com/2009/04/29/business/global/29honda.html
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Replying to: chas0215 (Jun 12, 2009 1:52 am) For some reason you are invested in protecting Honda. I think it is totally fair to ask the questions I am asking. Don't think I haven't noticed the obsenity of oil companies, AIG, etc. All corporations employ people as it pleases them. At any moment they could bail and go abroad. Usually it happens when profits are at a premium. Corporations are fair-weather friends. Also consider all the dirty low-down tricks sales departments do to get people to spend more than they can afford, or trick them into buying cars just because it needs to get off the lot. Ther is a lot of pressure at many agencies on sales staff to MAKE THAT SALE..customer be darned. My ultimate goal is to use the car as little as possible. Or not even at all. Fossil fuel won't last much longer. Our generation will get through...probably around 2100 no more fossil fuel. The world will really be in a pickle then and we will have destoryed a great deal of the paradise we have been given.
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Replying to: toscabella (Jun 12, 2009 6:19 am) This is my final comment on the subject. I never really meant to get off on a tangent like this given the subject matter of this forum but you seem to reject our free market system and it just provoked this type of response from me. My comments are not meant to offend you in any personal way but I simply do not share your views on how our free enterprise system should work. As an educated consumer, you always have the option of not buying a particular product or going to a competitor if it pleases you. Don't begrudge people and corporations who make a lot of money. Hard working people and their enterprises are what has helped make this country great. |
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Chas, you need to step away from the bong bro. So those evil honda corporate fat cats are putting a gun to your head eh, to make you buy that car? Hey I came here to see about the fit and I see these crazy writings that forced me to have to register and log in. And the oil companies are not rolling in the dough, they make 8 cents on the dollar. Wal-mart by comparison makes 4, although last year, 3.3. A well run auto company probably makes about 10 cents on the dollar. If you want evil, look no farther than Credit card companies, 20 cents on the dollar, of course, they also are not putting a gun to your head to use their product. So yes when oil prices and gas prices spike, Oil companies make more total money, yet their profit margin stays at around 8%. If last year they spiked their profit margin to 20%, then I would join you in protest. And as far as fossil fuel, while we may not be using gas as we know it today, our cars will be running on something very much like gas, be it bio-diesel or some other manufactured product, for a very long time. The energy punch of gas and diesel just blows everything else out of the water at the moment. Anyway, please people tell us the deals you got, because I see used fits going for what some of your are paying new and that is important information in my book.
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Replying to: jsteph67 (Jun 12, 2009 10:40 am) |
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Moving on.. good idea... 
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I have a new 2009 Fit Sport with manual transmission and no accessories. $16,264 vehicle price (including destination charges) $569 tax (2.5 % AL state tax, 0.75 % city tax, 0.75 % county tax = 3.5 % total) $16.50 title fee $149.50 documentation fee $16,989 out-the-door total I did not finance through the dealership and no extended warranty or service was added to the price. I contacted 4 dealers in the region through the Edmund's quote system. Fortunately, my local dealer gave the best price. They found the exact car that I wanted (even color) from another dealership in the state and got it for me. That's very close to the Edmund's TMV price. I'm pleased considering that I didn't haggle and the salesperson was very friendly and low pressure. |
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Replying to: cassadcj (Jun 16, 2009 5:59 pm)
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