Internet pricing on new cars?

[cptbarkey]

Originally Posted By: fdcg27
I've taken everyone's advice and put out some online feelers.
I've gotten pricing on a '12 Accord LX-P from one dealer as well as a '12 Prius C from another.
The Accord actually came out a little cheaper than the Prius.
Prius retail pricing seems to move with the price of fuel.
So far, I'm looking at $19.2K for the Accord.
We'll see what else turns up.



thats a fair price IMO, you will be hard pressed to get anything lower. gone are the days where you used to get an accord LX for 16k.

 

[fdcg27]

We paid 16.8K for our '99, but that was thirteen years ago in August.
I'm pretty happy with 19.2K.
We'll see if the dealer tries to add any nonsense in.

 

[Tdbo]

Originally Posted By: fdcg27
We paid 16.8K for our '99, but that was thirteen years ago in August.
I'm pretty happy with 19.2K.
We'll see if the dealer tries to add any nonsense in.



See what your other Honda quotes come in. That's the beauty of the e mail approach, you probably saved at least a good hour of haggling. When we bought our Odyssey, they came off their internet quote by $500 without any effort on our part. I'd say you could probably get the price under 19K without having to get too gnarly with them.

 

[fdcg27]

Silence is your friend in these situations.
Give abiguous replies and let them come to you.
We are under 19K on an LX, but I'd prefer the LX-P with alloys.

 

[Tdbo]

Originally Posted By: fdcg27
Silence is your friend in these situations.
Give abiguous replies and let them come to you.
We are under 19K on an LX, but I'd prefer the LX-P with alloys.


However, knowledge is power.

Given that there is $1750. dealer cash on both the LX and the LX-P, under 19K on an LX-P is very doable.

The key is letting the process play out and see who is willing to do it the most.

 

[HTSS_TR]

Originally Posted By: fdcg27
We paid 16.8K for our '99, but that was thirteen years ago in August.
I'm pretty happy with 19.2K.
We'll see if the dealer tries to add any nonsense in.

Price increases only $2400 in 13 years is pretty low, consider that standard equipments of 2012 is more than 1999 and bigger/stronger engine with better MPG.

 

[fdcg27]

I though that was a pretty reasonable increase in price over that time period.
Also, our '99 is a stick, and stick Accords are all but unobtainable anymore.
In 1999, the sticks ran about a grand more.
Also, our '99 is on steelies with plastic covers, while the LX-P is on alloys.
All in all, a pretty good value.

 

[Stewart Fan]

The last 7 cars I've purchased (6 new,1 used) have been over the internet.

Its the only way to buy IMO.

 

[fdcg27]

Originally Posted By: fdcg27
I though that was a pretty reasonable increase in price over that time period.
Also, our '99 is a stick, and stick Accords are all but unobtainable anymore.
In 1999, the sticks ran about a grand more.
Also, our '99 is on steelies with plastic covers, while the LX-P is on alloys.
All in all, a pretty good value.


I meant that the other way around.
In '99, the automatic retailed for around a grand more than the stick.

 

[fdcg27]

Went ahead and did it.
No other dealer within 120 or so miles wanted to touch the price, and when I started getting emails from other dealers saying that they would beat any price by at least $250.00, I replied, giving them the choice of beating either the LX at 18.9K or the LX-P at 19.2K, and they stopped sending me emails.
It was as effective as any spam blocker.
We were also going to pay cash for the car, but we thought that the 0.9% financing was too good to pass up, so we financed the whole purchase.
That is virtually free money, but then we are living in a low interest rate environment.

 

[HTSS_TR]

I think 19.2K for 2012 LX-P is pretty good buy, may be because of the totally new 2013 is on sale for more than couple months now. It would cost you around 20k or more 7-8 months ago.

 

[JHZR2]

Originally Posted By: fdcg27

It was as effective as any spam blocker.
We were also going to pay cash for the car, but we thought that the 0.9% financing was too good to pass up, so we financed the whole purchase.
That is virtually free money, but then we are living in a low interest rate environment.


So you financed at 0.9% so money could sit at 0.8% or less?

 

[SteveSRT8]

Every buyer negotiates to their own liking.

What is a great deal for me may be different for you. If you like the deal then it is good!

The whole financing thing can quickly cause trouble as many are upside down the second they drive off the lot. Just make sure your insurance is in order!

 

[fdcg27]

Let's say that your analysis is correct.
Then the real cost of financing is .1%.
You need to consider the opportunity cost more realistically.
There are things that you can do with even twenty grand or so, not that much money, that will yield considerably more than .9%.

 

[fdcg27]

This is true.
However, you are no worse off getting the insurance settlement and then paying any additional amount owed than you would be getting the insurance settlement on a car which you already owned free and clear.
Your economic loss would be the same.