U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
 [Register]
Raleigh, Durham, Chapel Hill, Cary The Triangle Area
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 07-11-2008, 01:08 PM
 
832 posts, read 2,462,709 times
Reputation: 532

Advertisements

Guys,

I am in the market for a 2008 Honda Accord EX, but am a bit new to the new car haggling with the sales personnel. Does anyone out there know where I can get the best deal on the above mentioned car? I am in Durham and need to know if anyone here has ever dealt with Crown Honda at Southpoint. Any pointers and/or how to deal with these folks?

MSRP on this car is listed at $23,860, and Invoice is $21,621. For those of you tough negotiators out there, would it be unreasonable for me to offer $600-$700 below invoice, or would that be a bit of a stretch? Any tips or pointers would be appreciated.
Rate this post positively Quick reply to this message

 
Old 07-11-2008, 01:10 PM
 
Location: Durham, NC
1,364 posts, read 5,778,816 times
Reputation: 760
This will probably get moved to automotive.

But, you should submit requests to multiple dealers online, see their prices, play the best off one another.

Also visit Edmunds townhall talk forums for the Prices Paid - Buying experiences subgroup for your specific car - you can see what amount above or below invoice the best internet shoppers are getting around the country.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:34 PM
 
Location: WA
4,246 posts, read 8,334,714 times
Reputation: 2366
Always haggle and always bring a printout with the MSRP/invoice price on it. Luckily, you're a man, so you have that in your favor.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:39 PM
 
746 posts, read 2,133,619 times
Reputation: 391
be careful on all sides -- you may get the price you are seeking, but then get a terrible interest rate (which will end up costing you more in the long run) or they may hose you on the trade -- as other posters have intimated: know your stuff going in, make the offer, have financing in place if you can, and know the value of your trade if you have one. Then, you will walk out a happy customer with a big wonderful H on your new car keys.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:43 PM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 25,828,137 times
Reputation: 3846
Honda dealers normally don't have a problem selling their mainstream cars like the Civic or Accord. No need to heavily discount to move unsold inventory. Ford, GM and Chrysler Corp. is another story. The economics of supply & demand pricing still apply here.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:49 PM
 
5,524 posts, read 9,463,787 times
Reputation: 1862
You can try but I am sure there is a line of buyers out the door....especially with the models that have good gas mileage. The best time to haggle for a Honda is when a new model year comes out and even then it's difficult. My suggestion is to shop Honda dealers, pit them against one another and then maybe, just maybe you can get a decent deal. But you can tell by the resale values that there is not much price drop in the newer models by bargaining.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:51 PM
 
3,150 posts, read 7,102,909 times
Reputation: 3294
We didn't have a problem getting TMV pricing on an Accord at Cary Auto Mall.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:52 PM
 
3,743 posts, read 12,540,028 times
Reputation: 2766
You're best bet is understanding the invoice price and any dealer hold back being offered. In the case of an Accord EX however, there may not be much, especially as these are popular cars.

Best bet is see what Edmunds.com lists for any current offers, call dealerships and ask to speak with the Internet sales managers, and tell them you're shopping for the best price. Get a number on paper (or email print out) before you head off to any one dealership.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 01:56 PM
 
488 posts, read 1,475,702 times
Reputation: 143
We just purchased a Pilot two weeks ago and we used Edmunds to find out the True Market Value (what people were paying in this area) then we requested quotes from all the dealers in the area and then haggled with them to beat each others price. We were able to get our new car for $8000 under MSRP.
Rate this post positively Quick reply to this message
 
Old 07-11-2008, 02:06 PM
 
Location: NC, USA
7,087 posts, read 13,950,416 times
Reputation: 4000
YES, haggle, we just got a CRV got several grand off the price by walking out when they said they couldn't go lower, told them we "would find someone who would", we would call back in a few days to ask if they were willing to drop price and interest, we never really argued or said what we wanted in a price, just kept saying theirs was too high and so was the interest rate, both came down, took a little time, but it worked.
Rate this post positively Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
Similar Threads

All times are GMT -6.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top