I am getting ready to purchase an '03 Spec-V with the optional audio package and sunroof. The sticker price of the car is 19,100. Edmunds.com, kbb.com and a few other sites say the TMV of the car is at about 17,800. I am going to try and talk the dealer down to 17,000.
What is everyone else paying for this car? I want to make sure I don't get ripped off with the purchase.
sunspec...i got the exact same thing as you except for its a 2002...the dealer listed the exact same price. I had to haggle...ALOT. He would only go as low as 17,900 for me.
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my car buying was the most enjoyable experiance ever. I asked for invoice and he handed the Invoice over to me, immediatly(sp) and then i complained about the 300 dollars added on and he gave me another 500 on my trade!
The reason I thought of trying to get the car for 17,000 was that on edmunds.com it shows the Invoice price of the car at 16,266 with the options I listed earlier. The actual TMV is listed at 17,837. I think I will be getting a pretty good deal if I get the car somewhere around 17,500.
After doing a little more research and checking a few more sites it appears that the Invoice price is about 17,448.
Thanks
Anymore info would be greatly appreciated.
Last edited by sunspec : Mar 18th, 2003 at 08:23 AM.
yeah edmunds lies...they dont include the tax and stuff on their invoice cost. that is why the dealer showed us the invoice in the first place. We said something about the edmunds invoice.
Mine stickered 19,115. Audio package and sunroof. Invoice was around 17,900. You didn't mention if you were trading anything in. This is where they'll get you...they'll rob you on your trade-in (give you less than you owe or want) and lower their selling price of the new car. They'll make their money one way or the other. Since the two dealers around me had only two spec v's between them, it's not like they're trying to give them away. Some guy tried to swindle his way in to buying mine an hour before I took delivery of it.
What online sites do you recommend for researching prices on cars? I have used edmunds,nadaguides and kbb for my research and have varied answers. nadaguides and kbb seem to be more accurate.
You've got most of the main sites. Check out carsdirect.com and intellichoice.com. They had some interesting info. Don't be afraid to ask for the invoice at the dealer. If he won't give it to you, go somewhere else. Getting the actual invoice in your hands is the surest way to know for sure what numbers you have to work with.
I got my '03 Spec V last month for 17,115 out the door (ABS and side airbags package). The dealership actually priced it below invoice. Some dealerships will do that because they are expecting to make money on the back end. How it works is this: because the spread between the invoice and msrp is getting smaller and smaller due to consumer demand, some dealerships have made a deal with the manufacturers. If they meet a certain quota each month, the manufacturers would actually reimburse the dealerships a certain amount (say $200) for EVERY car they sell that month. A few dealerships are currently using this as a way to make extra money (ie. one department which sells to maximize profits, another department to get high volume sales) so that at the end of the month they get money from manufacturers for each car they sell. Look around to see if any dealerships in your area are selling in high volumes.
Also if you are a student, or were a college student who graduated recently, you get another $500 off from the financing company (if you decide to finance)
Sorry about the long posting, just trying to save you some money. Check out this web site, its where I got my car. http://www.hgnspecials.homestead.com...ntraSpecV.html
Oh yea, the price on my car included the 5 yr/ 60k mile Gold Preferred package (got it for ~$500). not sure if it was a good choice cuz now i'm a bit weary about modding it too much immediately...maybe wait a few yrs...