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Honda Insight Prices Paid and Buying Experience

40 messages,  Last post on Nov 21, 2009 at 3:54 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Insight, Car Buying, Car Leasing, Hatchback, Sedan


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#16 of 40
Re: Pricing official [lucien4] by johngettler
Mar 24, 2009 (3:07 pm)
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Replying to: lucien4 (Mar 24, 2009 1:51 pm)

Seeing as Honda is doing a subsidized lease special program, maybe it is time to open up a specific forum for the lease discussions, like the Civic has.
 
"Honda Insight Lease Questions"
#17 of 40
Re: Pricing official [johngettler] by kyfdx HOST
Mar 24, 2009 (6:07 pm)
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Replying to: johngettler (Mar 24, 2009 3:07 pm)

Good idea!
 
Honda Insight Lease Questions
 
#18 of 40
Re: Pricing official [lucien4] by vagabondchef
Mar 24, 2009 (6:25 pm)
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Replying to: lucien4 (Mar 24, 2009 8:52 am)

Got a quote this evening on a Insight LX for $19995.00 to purchase.
#19 of 40
by johngettler
Mar 24, 2009 (8:26 pm)
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Hey vagabondchef...what metro area are you in? That price must include the destination fee of $670. So a drop from 20,470 to $19,995...$475 off.
#20 of 40
Re: [johngettler] by vagabondchef
Mar 25, 2009 (4:51 pm)
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Replying to: johngettler (Mar 24, 2009 8:26 pm)

Chicagoland area. It does include destination. Had another dealer that quoted me $19200,00 with destination. I feel like these will not sell very well. Everyone will buy a 2010 Prius. That's what I'm thinking....I'll wait till may.
#21 of 40
Re: [vagabondchef] by lucien4
Mar 25, 2009 (4:57 pm)
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Replying to: vagabondchef (Mar 25, 2009 4:51 pm)

Well the Prius has a discount which mean it's not selling that well... Most dealers had 80% pre-sold of their Insight stock so that's not that bad. Plus not everyone is aware of the Insight yet. But in this economy you even see discounts on brand new vehicle models.
#22 of 40
did I get screwed??? Honda Insight lease... by cbshop
Mar 28, 2009 (5:11 am)
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I just got a Honda Insight EX w/o navigation in S. Cal and leased it for 2200 down, 354/mo. My credit is 768. The reason I feel I may have been scammed is because the agreed to price was $22470 ($500 over sticker). Now looking at my forms I see gross cap cost at $23360. So obviously there was some deception that I (stupidly) did not double check before signing! What is my recourse now? I know that this dealer was trying to get the $1500 over sticker and I thought I bypassed that. Guess not!
#23 of 40
Re: did I get screwed??? Honda Insight lease... [cbshop] by dodgeman07
Mar 28, 2009 (8:51 pm)
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Replying to: cbshop (Mar 28, 2009 5:11 am)

Sounds like you got hosed royally. Get back in touch with the dealer asap and describe the transaction issues as you see them.
 
Many states have laws that allow you to return a car within 72 hours for a full refund. Check into it. Also - What's up with the $500 over sticker?
 
Was tax, title, license fees added to the price? Figure $22K + fees and if you didn't have a trade in, then full tax would bring the price to $23,360 easily. Back out your down payment and you're at about $21K, but $354/month seems way too high. You will pay $15K over 3 years and just hand the car back or pay another $10K to keep it.
#24 of 40
Re: did I get screwed??? Honda Insight lease... [dodgeman07] by kyfdx HOST
Mar 29, 2009 (6:51 am)
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Replying to: dodgeman07 (Mar 28, 2009 8:51 pm)

"Many states have laws that allow you to return a car within 72 hours for a full refund. "
 
Not really... Care to name one?
#25 of 40
Re: did I get screwed??? Honda Insight lease... [kyfdx] by dodgeman07
Mar 29, 2009 (11:34 am)
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Replying to: kyfdx (Mar 29, 2009 6:51 am)

Google: Consumer Protection Laws and you'll find many states. I've lived in 3 states and all allow it: so let's start with Illinois, Iowa, & Missouri. I'll look up others and let you know.
 
Also the OP said: "Now looking at my forms I see gross cap cost at $23360" ;that information is required by law to be noted prior to sale under the Truth in Lending Act.
 
You sound as if the person has no re-course after getting ripped on the lease. Believe me - they have many options and don't have to sit on their thumb and pout after a deal like that.

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