Last post on Sep 30, 2013 at 3:03 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Fit, Hatchback, Wagon
#2363 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [isellhondas]
Aug 18, 2009 (9:40 am)
I worked almost all the dealerships in the Chicagoland area for the last two weeks. I had a $16,200 sale price from two other dealerships before the last one jumped in at $16,100...i got lucky, I guess. Either that or the 2010's are on the way soon and they figured they could get rid of an '09 relatively easily.
I don't know why the dealerships do what they do...just glad to get the car I wanted at my price.
#2364 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [sov]
Aug 18, 2009 (11:15 am)
The Cash for Clunkers program has depleted everyone's inventories on Fits. Chicago may be different?
Still, losing money to move a Fit just makes no sense. Hey, it worked for you!
Did you have a trade they really needed?
#2365 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [isellhondas]
Aug 18, 2009 (12:20 pm)
I didn't have a trade in they wanted.
I had a '95 Jeep Cherokee/Sport which truly was a Clunker. This must have been the car they envisioned when this legislation was drafted. The Jeep served me well for years especially during any snow activity. But it is not a car for urban living- heavy,slow, sluggish handling and the gas mileage was really poor, it made for a non-pleasurable driving experience.
#2366 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [sov]
Aug 18, 2009 (1:24 pm)
I thought that just maybe you had a nice trade besides the clunker.
That deal made absoultly no sense at all especially with the trouble and expense of dealing with the clunker.
Now others who read these forums will expect the same and I don't think this will happen.
#2367 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [isellhondas]
Aug 18, 2009 (4:03 pm)
Why do you make comments like this here? How are they helpful? You already admitted you aren't familiar with the Chicago market. You also must know that every sale has a special set of circumstances. Not everyone can/will get such a good deal--but it doesn't mean no other dealer will ever sell a Fit Sport at that price. You simply don't know that. Is it your mission here to protect the profit margins of your dealership, or of Honda dealerships in general??
#2368 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [backy]
Aug 18, 2009 (5:02 pm)
Agree. This isn't a zero-sum game. Dealers are already underwater with inventory.
The invoice price has little bearing on the current price of the car.
What does it matter how much the dealer paid for the car?
It's not like they can return it back to Honda for the price they bought it for(can they?). They've got to sell it at the price the market dictates or just lose more money.
I wonder how isellhondas would do as a stock broker. Hold on to your GM stock, don't sell it below what you paid for it.
As another GM note, this is the same logic that the papers made a big fuss during the bailout with the statistics that GM were losing $200 for each car they make. So logically one thinks just don't make any cars? But what you don't see is that even if they don't make the cars, they lose even more money as they're still paying for all their employees and overhead, etc etc.
#2369 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [backy]
Aug 18, 2009 (6:32 pm)
Yes, I am not familiar with the Chicago market. I said that.
It doesn't matter where the market is, it just doesn't make any sense for a dealer to, literally lose money just to sell a car. AND have to deal with a clunker.
That's all I said so why the venom?
#2370 of 2642 Re: Honda Fit Sport AT/Navi in Chicago [raytseng]
Aug 18, 2009 (6:35 pm)
Actually, I've done pretty well in the stock market and holding on to GM stock might not be such a bad idea. Time will tell, won't it?
We are not "underwater" with inventory...sorry. Especially Fits that is what I couldn't understand. Sorry I mentioned it.
#2371 of 2642 Got refund on sales tax for $4500 CFC voucher
Aug 18, 2009 (8:50 pm)
I got a refund check from the dealer (Penske Honda) for sales tax that was applied to the purchase price BEFORE subtracting the $4500 CFC voucher trade in - about $315 (7% sales tax, Indiana). It is evident that in Indiana, the sales tax is calculated AFTER the $4500 CFC trade in is applied to the price of the car only, but not the doc fees.
Thus, my revised OTD for Fit Sport Auto purchased on 7/20 is: $13,395.73 after CFC $4,500 trade-in:
16,154 - price
710 - destination
-4,500 - CFC trade in
865.48 - tax
16.25 - Tire Fee
140.00 - Doc Fee
10.00 - Filing Fee (?)
#2372 of 2642 Honda Fit Sport bought in CT
Aug 19, 2009 (8:59 am)
This is an orange Honda Fit Sport AT:
Price: 16740 (approx., can't remember the exact price)
Doc fee: 299 (insane CT doc fee)
Sales tax: 6%
Other dealers offered me 17400+ for the exact same car, only Schaller Honda of New Britain gave me the lowest offer. But that sort of bothers me...