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#1 (permalink) |
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Banned
Member
Join Date: Apr 2008
Posts: 4
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How to get the best price for an Si.
I am at a cross roads. I have officially read more pages in 8thcivic Si forums than in my three years in college or close enough to it. i just test drove it and it just put a smile on my face. I have a 2005 civic DX (the ultimate in speed and comfort!) that has been keept in great shape. It even has a pioneer premier deck and a Bel rx65 radar detector that I am willing to part with. I only have 25,000 miles on it too. I live in reno, NV. We have three honda dearlerships around our area. Along with the trade in, I can also put down another $5k.
What is the best price I can expect and what is the best way to go about getting that price. I would also perfer this thread to turn in to a thread on the best ways to get a deal from the dealership and potentially your buying experience. There are probably some buyers here that might be interested in this. Thanks for your input everyone. |
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#2 (permalink) |
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Senior Member
Join Date: Aug 2007
Posts: 167
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1. Know what your trade in is worth.
2. Haggle your trade in and sale price of new car separately. 3. Know what your credit looks like before going to the dealership. 4. Secure financing elsewhere local bank/credit union before going to the dealership.(Honda would love for you to finance with them instead of elsewhere and will give you a better rate to get you to finance thru them) 5. Know the Invoice price of new car. 6. Don't accept their 1st offer or even their 10th offer. 7. Use Auto loan calculator at Edmunds to see where you will be with your payments/interest/taxes/down payment/trade in. 8. Be prepared to walk at the drop of a hat. Those are the things i look into before buying. And making the dealerships fight for your business was something i ever did in all my car purchases. Go in prepared and you should be ok at any dealership that wants your business. Last edited by IIIII; 04-21-2008 at 12:46 PM. |
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#3 (permalink) |
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Senior Member
Join Date: Aug 2007
Posts: 167
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Oh and number 9. If you can pay your sales taxes separately when you register the car or transfer the tag do it then instead of rolling the sales tax into your loan. Why pay interest on sales tax if you have the means to pay it separately, interest free.
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#4 (permalink) | |
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Junior Member
Join Date: Apr 2008
Location: Dallas, Tx
Posts: 3
Lisa
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Quote:
Another thing is to never act like you just have to have this car, and always be ready to leave at any time you feel you're getting the run around. Good luck on your new purchase!! |
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#5 (permalink) |
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Senior Member
Join Date: Feb 2006
Location: Central Florida
Age: 30
Posts: 740
Jose
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Take your car to Carmax and get it appraised. You don't have to trade it in and the appraisal is good for a certain number of miles. Personally, I would take the trade completely out of the picture if possible because, that only leaves the price of the car to haggle.
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#6 (permalink) |
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Banned
Member
Join Date: Apr 2008
Posts: 4
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I am not in a hurry to buy the car, so I have time to ask around. But I will definitely consider taking it to carmax. I have emailed one local dealership and they said they could work with to get the OTD to aroudn $21.5K. But I get the felling I they might add stuff to make it $22k. They also wanted me to show a quote from another dealership around our area that would even do $21.5K OTD. I asked another dealership if they could do $21k OTD and they wouldn't even consider it. If anyone here from reno or las vegas or close by in california that could give me dealerships that would give a good quote, then that would be very helpful. Otherwise I get the feeling the dealership will try to screw me.
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#13 (permalink) |
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Senior Member
Join Date: May 2008
Location: Springfield,VA
Age: 31
Posts: 105
Chris
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I was in a similar situation when I bought my Si about 2 weeks ago. I did all of the legwork and haggling online and over the phone. See, I also have 3 Honda dealers near me. I just contacted them all and asked what price they could do for me. I contacted each back and played them off of each other. I did all of this in the matter of 2 days.
In the end I walked out with a new 08 Si in Fiji Blue Pearl with navigation. 17" stock wheels with the Michelins (no complaints so far). My price was $22,500 out the door. Sticker price for the car was $27,000. Invoice was $21 something. I feel like I got a good deal. |
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#15 (permalink) |
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Senior Member
Join Date: Jan 2006
Location: Phoenix
Posts: 283
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Call your bank or credit union they will offer some sort of fleet buying service. These services are great you get a good deal and and you don't have to mess with sales people.
I've bought my last 2 cars that way. Called the bank on the phone tell them what I wanted then they called me back with a price. Then go to the bank or dealer (your choice) to pick up the car. Takes about 10-15 minutes to sign all the paperwork and thats it. Stress free and cheap. |
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#16 (permalink) |
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Senior Member
Join Date: May 2008
Location: Springfield,VA
Age: 31
Posts: 105
Chris
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Me? I bought mine from Landmark Honda in Alexandria. If you want the name of the guy I bought from give me a PM. He was pretty cool and apparently he sells the most cars at that dealer so I'm assuming that gives him a little leverage to lower the price. |
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#19 (permalink) |
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Senior Member
Join Date: Feb 2008
Location: Boston
Age: 28
Posts: 1,998
V
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go in on a sunday just before they r about to close....tell him uve been to another dealership and tell them they offered u a good price like 19,800 but didnt have em in the lot and told u to wait like 2 months n u dont wanna do that...what i did was actually call them like 15 minutes before they were closing and told a salesman that i was at another dealership...he told me to come by and kept the place open past their 6pm closing time....i ended up gettin my si for 20k and the place gave me 12.5k for my trade in when kellys blue book listed my car at 11.5k in perfect condition....mind you i crashed the car a month before for like 10k damage....i got a sweet deal and you guys can too if u dont give in to those guys....
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