Hondas are selling $1500 below invoice now??
Hondas are selling $1500 below invoice now??
Just got off phone with salesperson for possible purchase of 6MT coupe. Shoot he was arrogant. He told me things such as 6MT is so hot right now he doesn't want to match the offer I got from other dealer. He also said Honda cars are selling $1500 under invoice now and I should expect about $2000 less of wholesale pirice for my trade in, which is 2000 Accord SE.
This pissed me off bad. My wife drives Acura MDX which we love dearly and our Accord was trouble free for last 5 years. I personally think Honda makes better cars than Nissan, but they just don't have anything to compete with G coupe yet.
I know G coupe is hot right now but as a decent sales person he shouldn't make a fun of other companies.
As you guessed I am not buying it from this arrogant punk.
This pissed me off bad. My wife drives Acura MDX which we love dearly and our Accord was trouble free for last 5 years. I personally think Honda makes better cars than Nissan, but they just don't have anything to compete with G coupe yet.
I know G coupe is hot right now but as a decent sales person he shouldn't make a fun of other companies.
As you guessed I am not buying it from this arrogant punk.
Don't believe the salesman. He's just trying to get you to pay more than you have to for the G and accept less than you should for your trade-in.
If he doesn't want to give you the price you want for the G, then go to another dealer or salesman. It's his loss. He needs your money more than you need his car. If he doesn't want to give you the price you want for your trade-in, then sell it yourself.
If he doesn't want to give you the price you want for the G, then go to another dealer or salesman. It's his loss. He needs your money more than you need his car. If he doesn't want to give you the price you want for your trade-in, then sell it yourself.
Consider a private sale of your Honda - you'll get more for it selling it outright than you'll realize on a trade. I know it's hard to wait once you've made up your mind it's time for a new car (especially one as nice as the G35C) but it could mean a few more thousand in your pocket. Used Hondas are always in demand.
Maybe some kid will buy it, lower it, paint it neon green, and slap a wing and fart pipe on it - who knows?
(kidding, kidding)
Good call on going elsewhere. This may sound weird, but I don't mind paying a few bucks more for a car if I can drive away feeling good about the buying experience. Peace of mind is worth something.
Maybe some kid will buy it, lower it, paint it neon green, and slap a wing and fart pipe on it - who knows?
(kidding, kidding)Good call on going elsewhere. This may sound weird, but I don't mind paying a few bucks more for a car if I can drive away feeling good about the buying experience. Peace of mind is worth something.
Have you looked into the VPP program? If you work for an eligible company you can instantly get a great deal with no haggling. I got my G and Xterra this way, fair price and no stress.
Info:
http://www.insidenissan.com/vpp/nissan/index.html
The List:
http://secure.grubbs.com/vpp.pdf
Info:
http://www.insidenissan.com/vpp/nissan/index.html
The List:
http://secure.grubbs.com/vpp.pdf
Honda rarely issues incentives and I find none on a variety of trim levels of the '05 Accord. So, his claim that "Hondas are going for $1500 below invoice" isn't correct. Invoice pricing only applies to new cars.
If you want to know what the market value and expected trade-in value are for your vehicle, IN YOUR AREA, check the following sites:
http://www.nadaguides.com
If he says they go by Kelley Blue Book figures and not the NADA, then show him the difference between the two sources
http://www.kbb.com
FWIW, in the last 5 years it seems that dealers are still giving less on trad-in than what either of these sites shows as typical trade-in for your area. You can thank all of those people who have leased and turned their cars back in instead of buying them. The used-car market is so saturated with 1,2,3 & 4 year old cars (a lot of which are still under warranty) that there's no way they're going to give you anything reasonable on something that's more than 4 years old or has a lot of miles. And you can bet that if the dealer tries to sell it, you can go and find that they are asking $1500-$2000 more than they gave you (which was that much less they paid you than the car was worth). If they give you a good amount for your trade-in, don't expect a deal on the new car.
If you want to know what the market value and expected trade-in value are for your vehicle, IN YOUR AREA, check the following sites:
http://www.nadaguides.com
If he says they go by Kelley Blue Book figures and not the NADA, then show him the difference between the two sources
http://www.kbb.com
FWIW, in the last 5 years it seems that dealers are still giving less on trad-in than what either of these sites shows as typical trade-in for your area. You can thank all of those people who have leased and turned their cars back in instead of buying them. The used-car market is so saturated with 1,2,3 & 4 year old cars (a lot of which are still under warranty) that there's no way they're going to give you anything reasonable on something that's more than 4 years old or has a lot of miles. And you can bet that if the dealer tries to sell it, you can go and find that they are asking $1500-$2000 more than they gave you (which was that much less they paid you than the car was worth). If they give you a good amount for your trade-in, don't expect a deal on the new car.
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