Howard wrote:
> Yeah, they got room. They could forgo the few dollars holdback they'll
> receive after they sell you a car for a $90 loss. And yeah, they could give
> away the few dollars they make on the financing. What the hell, why allow
> them to make anything? You'd do the same in your business wouldn't you?
> "John W" <jward2NOSPAM@fuse.net> wrote in message
> news:NTxGd.56$jg6.53@fe37.usenetserver.com...
>
>>I'm buying a 2005 Honda Accord EX V6 sedan. The MSRP is $26,800 & invoice
>>price is $24,024. The dealer is selling the car for $90 under the invoice
>>price. I'm financing the car over 60 months at 2.9%. I'll be putting
>
> $2,500
>
>>down on the car so the monthly payment including the 2.9% financing & 7%
>>Ohio sales tax is $411.08 a month. Does that sound like a fair price or do
>>they have slack to come down more? I wouldn't think there would be as much
>>room on a Honda as some other cars to deal but figured I'd get a second
>>opinion before I say yes to the deal.
>>
>>Thanks,
>>
>>John


Howard,

No one is forcing the dealer to give the car away. They have the
choice; either make the "deal" or not. Do you really think they
wouldn't sell it for MSRP if they could get away with it? Undoubtably
the car dealers favor the negotiating process of purchasing a car. If
not they would set price and stick to it.

Bob


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