Price Paid Discussion Thread: How much did you pay for your 9th gen Accord? - Page 2 - Drive Accord Honda Forums | radio-pro.ru
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post #16 of 8143 Old 09-25-2012, 06:09 PM
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Sure, Will definitely ask them w/o accessories.
Thanks,

I live in WA state.. what should be the ideal deal off the msrp ?

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post #17 of 8143 Old 09-25-2012, 06:19 PM
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Quote:
Originally Posted by grewupmanual View Post
...
w/ accessories include: mud flaps, all-weather mats, trunk mats, wheel locks, door edge film, windshield chemical treatment.

Is it a good deal ?
You can look up the discount mail order price for Honda's mud flaps, all-weather mats, trunk mats, wheel locks, door edge at the collagehillshonda web site. Their are also other web sites. You will have to pay shipping but it will still be cheaper. The only thing you may be consern about is installing the mud flaps but that should not be too hard.

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post #18 of 8143 Old 09-25-2012, 06:49 PM Thread Starter
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This is the max price I'd pay for a EX-L Navi sedan.....

MSRP = $30,785 ($29,995 + $790 destination)

(supposed) Invoice = $28,223 ($27,433 + $790 destination)

$27,433 (invoice)
- $923.55 (3% holdback from MSRP of $30,785)
+ $600 (fair profit *)
+ $790 (destination)
__________________________________
$27,899.45 + TTL

but goal would be at least $500 under that... so $27,399.45 + TTL or lower



* Truthfully, they'll be making more than $600 profit
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post #19 of 8143 Old 09-25-2012, 09:59 PM
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Quote:
Originally Posted by namegoeshere View Post
This is the max price I'd pay for a EX-L Navi sedan.....

MSRP = $30,785 ($29,995 + $790 destination)

(supposed) Invoice = $28,223 ($27,433 + $790 destination)

$27,433 (invoice)
- $923.55 (3% holdback from MSRP of $30,785)
+ $600 (fair profit *)
+ $790 (destination)
__________________________________
$27,899.45 + TTL

but goal would be at least $500 under that... so $27,399.45 + TTL or lower



* Truthfully, they'll be making more than $600 profit
Interesting numbers. I almost got a 2013 I4 4Dr EX-L with Navi for $27,685 (including the $790 destination) + $236 doc fee and no trade-in plus state sales tax. The dealer's numbers are near yours. He only had black so I'm waiting for the colors of his next allotment which he said will be within 2 weeks.
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post #20 of 8143 Old 09-26-2012, 05:23 AM
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Quote:
Originally Posted by MikeySoft View Post
It is hard to tell when you don't give the amount before sales tax because different areas have different tax.

For example, I almost got a 2013 I4 4Dr EX-L with Navi for $27,685 + $236 doc fee and no trade-in plus my state sales tax. However, he only had a black one coming in and my wife does not want black. In about 2 weeks he will know what colors are in his next allotment so I decided to wait for a different color.
Wow, that's a very good quote, around $500 under invoice. Can you tell me which dealer offered you this quote? Thanks.
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post #21 of 8143 Old 09-26-2012, 06:50 AM
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Quote:
Originally Posted by namegoeshere View Post
This is the max price I'd pay for a EX-L Navi sedan.....

MSRP = $30,785 ($29,995 + $790 destination)

(supposed) Invoice = $28,223 ($27,433 + $790 destination)

$27,433 (invoice)
- $923.55 (3% holdback from MSRP of $30,785)
+ $600 (fair profit *)
+ $790 (destination)
__________________________________
$27,899.45 + TTL

but goal would be at least $500 under that... so $27,399.45 + TTL or lower



* Truthfully, they'll be making more than $600 profit
Great price guide! Although I think it'd be hard to get this kind of pricing at least initially in the first few months of its release.

The local Honda dealer I went to test drive at is selling (or at least advertising, I haven't asked) their the new Accord at:
MSRP + about $700 worth of add-ons. Granted, it shouldn't be hard to ask them to remove the add-ons at all. You'd probably have a hard time getting it at this price or much below the MSRP... at least for the first few months at least imho. This Honda dealer was located at a fiercely competitive location, too! There were also Kia, Toyota, Nissan, Volvo and Lexus dealers located nearby within 1 mile of radius.
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post #22 of 8143 Old 09-27-2012, 04:05 AM
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Bought my Wife the 13 Accord sedan 2 days ago. Black on Black EX-L V4. Was roughly $32k and change with taxes(NY). Don't remember the exact amount. There wasn't much room for negotiating since its a brand new car.

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post #23 of 8143 Old 09-27-2012, 06:58 AM
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Quote:
Originally Posted by roadrunner117 View Post
Wow, that's a very good quote, around $500 under invoice. Can you tell me which dealer offered you this quote? Thanks.
i don't think this is a quote, it's just a hypothetical...
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post #24 of 8143 Old 09-28-2012, 04:47 PM
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Quote:
Originally Posted by namegoeshere View Post
This is the max price I'd pay for a EX-L Navi sedan.....

MSRP = $30,785 ($29,995 + $790 destination)

(supposed) Invoice = $28,223 ($27,433 + $790 destination)

$27,433 (invoice)
- $923.55 (3% holdback from MSRP of $30,785)
+ $600 (fair profit *)
+ $790 (destination)
__________________________________
$27,899.45 + TTL

but goal would be at least $500 under that... so $27,399.45 + TTL or lower



* Truthfully, they'll be making more than $600 profit
cool. where did you get the 3% holdback figure from?

2013 ACCORD EX I4 Sdn MSM
2008 ACCORD LX-P I4 Sdn PMM
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post #25 of 8143 Old 09-28-2012, 04:57 PM
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EX-L I4 CVT Modern Steel Metallic with Splashguards and Wheel Locks: $26890 + TTL + Fees.
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post #26 of 8143 Old 09-28-2012, 05:10 PM
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Quote:
Originally Posted by fw_fw View Post
EX-L I4 CVT Modern Steel Metallic with Splashguards and Wheel Locks: $26890 + TTL + Fees.

Good deal. Congrats you your new car!!! Can we see some pix?!+++
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post #27 of 8143 Old 09-28-2012, 07:06 PM Thread Starter
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Quote:
Originally Posted by shadow85 View Post
cool. where did you get the 3% holdback figure from?
It's what I've always computed when buying a car or helping others. But ...

Quote:
What Are Holdbacks For?

Dealerships must have an inventory on hand so that consumers can browse and ultimately select a vehicle. Dealerships must pay for this inventory when it is obtained from the manufacturer, and the amount the dealer pays is the price reflected on the invoice from the manufacturer to the dealer, the so-called "invoice price."

Now the twist: with the introduction of holdbacks some years ago, most manufacturers inflated the invoice prices for every vehicle by a predetermined amount (2-3% of MSRP is typical). The dealer pays that inflated amount when it buys the car from the manufacturer. But later, at predetermined times (usually quarterly), the manufacturer reimburses the dealer for that excess amount. This is the "holdback," so named because funds are "held back" by the manufacturer and released only some time after the vehicle is invoiced to the dealership.

Why the sleight-of-hand you might ask? Because holdbacks can benefit dealers in three ways:
1) Dealerships borrow money to finance cars based on an invoiced amount that includes the holdback. So the higher the invoiced amount, the more the dealership can borrow from its lender.

2) Inflating the dealership's "cost" can have the effect of increasing profit, since sales personnel are paid commissions based on the "gross profit" of each sale. Holdbacks have the effect of lowering the gross profit and thus the sales commissions.

3) Holdbacks enable dealerships to advertise "invoice price" sales and sell their vehicles at or near invoice and still make hundreds of dollars on the transaction.
Point #3 illustrates my previous statement:

Quote:
* Truthfully, they'll be making more than $600 profit
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post #28 of 8143 Old 10-01-2012, 01:56 PM
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2013 4Dr 4Cyl CVT Accord EX-L with Navi.
Car is in transit from Honda and should arrive in about 2 weeks.

MSRP: $30,785.
Factory Invoice $28,223.
TureCar target price: $28,923. (Boston area on 10/01/2012)
Cost me: $27,674 + $239 Doc fee, Plus MA state Tax (6.25%), Title, and License.

All prices include the $790 Destination Fees

2013 Accord EX-L w/Nav 4Dr 4Cyl CVT.
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My Previous new Accords:
1977 Accord Hatchback 2Dr CVCC 4Cyl MT
1986 Accord LX-i 2Dr 4Cyl MT
1994 Accord LX 2Dr 4Cyl MT
2003 Accord EX-L w/Nav 4Dr 4Cyl MT


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post #29 of 8143 Old 10-01-2012, 02:28 PM
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Quote:
Originally Posted by MikeySoft View Post
2013 4Dr 4Cyl CVT Accord EX-L with Navi.
Car is in transit from Honda and should arrive in about 2 weeks.

MSRP: $30,785.
Factory Invoice $28,223.
TureCar target price: $28,923. (Boston area on 10/01/2012)
Cost me: $27,674 + $239 Doc fee, Plus MA state Tax (6.25%), Title, and License.

All prices include the $790 Destination Fees
Is this from weymouth honda? They seem to have lowest prices so far.
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post #30 of 8143 Old 10-01-2012, 02:54 PM
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Is this from weymouth honda? They seem to have lowest prices so far.
Yes from Weymouth Honda. I found 3 dealers in the Boston area which gave very competitive internet quotes. Cambridge Honda and Honda Cars of Boston were the other two. Weymouth had the cheapest but the other two were also competitive. Their may be more, I stated shopping on 9/24, a week ago.

One of the things I like about Weymouth is they read and answer my emails. Some other dealers sent back stranded replies (most likely computer generated).

Some dealers gave a few hundred dollars off and promoted how great there dealership is. Two used the fact they give you a full tank of gas which makes their dealership better. Honda requires a full tank of gas.

Some were around MSRP or around $800 off and said they will mach other dealers or said they have a "Price Guaranty". That means to me that they will charge as much as they can unless you catch them. I did not play that game. Weymouth gave me a good price, why should a different dealer get my business when they tried to overcharge me.


2013 Accord EX-L w/Nav 4Dr 4Cyl CVT.
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My Previous new Accords:
1977 Accord Hatchback 2Dr CVCC 4Cyl MT
1986 Accord LX-i 2Dr 4Cyl MT
1994 Accord LX 2Dr 4Cyl MT
2003 Accord EX-L w/Nav 4Dr 4Cyl MT


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