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Honda Fit, Hatchback, Wagon
#2398 of 2642 2009 Honda Fit, AT Sport without Navigation, $19100 OTD, good deal?
Oct 11, 2009 (8:48 pm)
I plan to buy a Honda Fit (AT Sport without Navigation). I learned that because of the C4C program, there are very few 2009s left, and the 2010s just came in. I wish I could get an better deal with 2009, since traditionally, it would be easier to get a better deal with the year model that is going to fade out. But it seems difficult to get a good deal with this 2009 Honda Fit, only because it has been so HOT! I have got an offer of $19150 (out of door) for 2009 Fit. I live in Los Angeles, California. Should I accept it, or try more? Any ideas/suggestions? Much appreciate!
Oct 12, 2009 (6:45 pm)
Hello I was quoted 16,500.00 for a 2009 fit sport automatic. It seems like a decent deal but with 2010s aroujnd the corner should I be lower? the edmunds TMV says most people are paying around 17.235.00
I know once I add the tax and the dest fee it will be almost 18k probably but I know there is a government program that will let you deduct the sales tax on your taxes.
#2400 of 2642 Re: my quote [bgates222]
Oct 13, 2009 (8:24 pm)
1) TMV includes TTL or not?
I also checked the edmunds TMV and it is arround $17k. But my understanding is that the TMV does not routinely include the tax, title and document fees. If it is true, the out of door price would still be close to $19k.
2) Is sales tax for car purchase deductable in California?
Can you or anyone confirm that? Thanks.
#2401 of 2642 Re: my quote [wang_jicheng]
Oct 13, 2009 (8:46 pm)
not sure if i can post the link so i posted the text from the IRS website
The American Recovery and Reinvestment Act permits taxpayers to take a deduction for state and local sales and excise taxes paid on the purchase of new cars, light trucks, motor homes and motorcycles. The deduction is available on new vehicles purchased from Feb. 17, 2009, through Dec. 31, 2009. In states that don't have a sales tax, the law provides a deduction for other taxes or fees paid. This deduction is available whether or not a taxpayer itemizes deductions on Schedule A.
The deduction is limited to the taxes and fees paid on up to $49,500 of the purchase price of an eligible vehicle. The deduction is reduced for joint filers with modified adjusted gross incomes (MAGI) between $250,000 and $260,000 and other taxpayers with MAGI between $125,000 and $135,000. Taxpayers with higher incomes do not qualify.
Taxpayers who make qualifying new vehicle purchases this year can estimate the deduction with the help of IRS Publication 919, How Do I Adjust My Withholding? Lines 10a to 10k on Worksheet 10 take into account purchases above the $49,500 limit, as well as the reduced deductions for taxpayers at higher income levels.
#2402 of 2642 Re: my quote [wang_jicheng]
Oct 13, 2009 (8:47 pm)
Also im not sure if the tmv price includes tax but i dont think so
#2403 of 2642 Offer on 2010 Honda Fit Base Model
Oct 14, 2009 (2:06 am)
Hello all, I am shopping around for a 2010 Base Model Fit with AT
I actually dont plan on buying until the middle of December, when I move back to the USA, but I thought I would get a feel for what the market is like.
This was the best offer so far:
2010 Honda Fit base model:
selling price - 16,007.00
tax - 1296.57
registration - 283.50
doc fee - 399.00
Total OTD - 17,986.07
What do you guys think? good deal? or keep looking? Any predictions on how the offers will look around Dec 18th?
#2404 of 2642 2010 Fit Sport manual Silver $18k otd
Oct 15, 2009 (4:16 pm)
I put a deposit on a Fit Sport manual. The OTD price is $18,000. The MSRP otd price with is $18,245. So I'm paying $245 less than MSRP. Now, I'm thinking this is a little high. Included in the above is sales tax of 6% and plates/title of $96. What do you guys think?
Can I renegotiate after I put the deposit?
#2405 of 2642 Re: 2010 Fit Sport manual Silver $18k otd [zacha]
Oct 16, 2009 (1:52 pm)
Fit is a peculiar vehicle in that there is very little difference between the MSRP and dealer Invoice. I believe around $500 or so.
So if you are getting your vehicle for $245 under MSRP, it is a couple of hundred dollars over Invoice, which is a very good deal. I don't think you need to lose any sleep over this.
#2406 of 2642 2010 Fit w/AT for $16,400 OTD
Oct 21, 2009 (8:32 am)
Just got an offer for a 2010 Fit base model with AT for $16,400 OTD from Lee's Summit in Missouri.
That almost sounds too low to me...what do you guys think?
#2407 of 2642 Re: 2010 Fit w/AT for $16,400 OTD [sjsuper76]
Oct 21, 2009 (6:52 pm)
In May i was offered a new 2009 base AT for 14300 +670 destination or 15800 +670 destination on a sports AT. With about 9% taxes, my out the door would be in the high 16's for the base AT and low 18's for sports AT, don't know what Missouri taxes are. This was because they had a dealer incentive of 500 so maybe there's some kind of incentive now.