Discounts on 06 Accord Coupes

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ticars@gmail.com - 10 Feb 2006 14:39 GMT

What type of discounts are people getting for Accords right now? I
just put a deposit down on a V6 Accord Coupe EX-6MT. We agreed on
$24,850 with no navigation. The MSRP is $27950, so it seems like a
good deal, it just didn't take much arguing to get him to that price,
so I'm thinking I probably could have gotten him to take more off .
Did I get robbed or is that a reasonable price?

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Art - 10 Feb 2006 16:40 GMT

Many years ago some MBA prof did a study and got permission to go thru tons
of dealer's files and he discovered that most people pay about the same
price for a new car, plus or minus $100 or so. Sure there are some ripoff
dealers around but they probably did not open their files to him. You are
more likely to get ripped during negotiating your trade or financing or
paying too much for an extended warranty.

> What type of discounts are people getting for Accords right now? I
> just put a deposit down on a V6 Accord Coupe EX-6MT. We agreed on
> $24,850 with no navigation. The MSRP is $27950, so it seems like a
> good deal, it just didn't take much arguing to get him to that price,
> so I'm thinking I probably could have gotten him to take more off .
> Did I get robbed or is that a reasonable price?

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speednxs - 12 Feb 2006 00:12 GMT

> Many years ago some MBA prof did a study and got permission to go thru tons
> of dealer's files and he discovered that most people pay about the same
> price for a new car, plus or minus $100 or so.

Nonsense.
Dealers will rip you for thousands if they can. The BMW dealer
"suggested" I pay MSRP for the car after the test ride as the "fair"
price. There was a factory rebate on the car and I got it for around
invoice. This is a difference of thousands of dollars. Almost every
deal I have done they have tried to double charge me for delivery by
stating the the price included it and then itemizing it as an extra
charge. I had another dealer "forget" to subtract the value of my
trade in from the price. I'm sure he thought that in the excitement I
would overlook this. I spend 20 minutes arguing with him and he gave
in and did the deal as originally planned. If I had discovered this
error the next day you can guess what would have happened. They will
take you for a few dollars, hundreds of dollars and thousands of
dollars with a pocket full of tricks, cause nobody catches them all.
Buying warranties is easy. Collecting on warranties is another thing.

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Art - 12 Feb 2006 01:00 GMT

It could be that those ripoff dealers did not open their files. I haven't
dealt with a ripoff dealer for years. It might depend on how big of city
was studied, part of the country. I don't remember the details. In any
case, I've bought a lot of cars in the last 20 years. Some have had those
extra padded profit stickers on the car. They come to a reasonable price as
soon as I look at them wierd. I don't think those tricks work much any more
and that was what the study showed. Of course most people get ripped off on
financing and trades. He did not look at that.

>> Many years ago some MBA prof did a study and got permission to go thru
>> tons
[quoted text clipped - 15 lines]
> dollars with a pocket full of tricks, cause nobody catches them all.
> Buying warranties is easy. Collecting on warranties is another thing.

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Alex Rodriguez - 10 Feb 2006 17:57 GMT

>What type of discounts are people getting for Accords right now? I
>just put a deposit down on a V6 Accord Coupe EX-6MT. We agreed on
>$24,850 with no navigation. The MSRP is $27950, so it seems like a
>good deal, it just didn't take much arguing to get him to that price,
>so I'm thinking I probably could have gotten him to take more off .
>Did I get robbed or is that a reasonable price?

According to the www.kbb.com web site, you got a good deal.
---------------
Alex

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