Hi, new member here. I've been an Accord owner since 1996 and I was a Civic owner before that when I got my first Honda in 1989. I don't buy cars very frequently, but I think I'm just about to get another one-- an 08 EX-L with SatNav.

I've found dealer invoice pricing on Edmunds, but I've read that there are other things that affect a dealer's true final price that they pay for a car, such as kickbacks, incentives, etc. Is this HAF a good place to learn about those details, or would someone tell me where that kind of info is available?

Anne

 

What are you looking for? Are you looking to talk a dealer down to what they paid for the Accord? I worked fora Honda dealer for a year and a half maybe I can help with some of your questions....

 

I bought an '08 Coupe EX-L 4 cyl auto and after the 72 payments are done, I will have paid $26,400 TOTAL. Negotiations and a good interest rate are the key.

BTW, welcome to the site.

 

Thanks for replying to my post, and thenks for the welcome! I've already learned new things just reading for a short time. When you ask what I'm looking for, do you mean what do I want in the car, or what kind of info am I fishing for?

The car: looking for an 08 EX-L 2.4 l 4-cyl with SatNav and 5-speed Auto. JBL sound system with the XM option.

The Info: Edmunds shows a sticker of $28,060 and an invoice of $25,416. However I've read that there are other factors that come into a dealer's calculations when they decide what price to negotiate to--kickbacks, etc. What I'm trying to figure is what their real cost on that vehicle is. I'm not interested in screwing the dealer out of a fair deal; neither am I inclined to hand out extra $$$.

One specific detail I've wondered about is how much of a kick the dealer gets for writing a finance contract with a company like GMAC or similar. Also, does Honda pay an incentive to the dealer after the sale?

Thanks in advance for your help!

 

Here it your best advice for buying a car. From the Honda website, find your local dealer and contact the internet manager. Simply tell him/her which car you want and they will give you a great price without the typical negotiating. For example, I'm looking at a 2008 Accord and depending on which specific car, they are offering for $200-400 over invoice. And this amount comes in at least $1,000 below the edmunds 'true market value' price.

 

Welcome New member...
Thank You for joining the HAF..

 

Nice pick up.

 

ThankYou, ThankYou and ThankYou...I always aim to please all our new members...

 

Welcome! I bought an '08 Accord last week and the dealer didn't tell me about the added cost until I was on the lot. I got pretty upset and as I was leaving, they agreed to waive the cost (which got me even more angry knowing they were trying to pull a fast one, but you can't blame them though).
Easiest way for me was: send out an email to internet managers at your local dealers and start a price war. Most will say anything for you to come visit them in person so make sure you have the price they quoted in writing. Good luck!