Honda Car Forum


 

Go Back   Honda Car Forum - Accord Parts Civic Tuning Acura Racing > Honda Acura > Honda 2

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 31 Aug 2005, 04:50 pm
Joe
Guest
 
Posts: n/a
Default Edmunds 2005 Accord Pricing

A 2005 Accord EX w/leather and 4 cylinder, is listed in the Edmunds guide
with following costs:
MSRP $24,600
INVOICE $22,136
TMV 21,993

How accurate is this data? Has any one in the group bought an Accord for
the True Market Value(TMV) listed in the Edmunds guide?

I got a quote on a 2006 Accord EX w/Leather and 4 cylinder of $25,000. The
salesman said the 2006 price increase is 1.4%, which change Edmunds costs
to:
MSRP $25,584
INVOICE $23,021
TMV $22,873

Based on Edmunds' numbers, it looks I'm leaving a lot of money on the table.

Any comments from the group are appreciated.






Reply With Quote
  #2 (permalink)  
Old 31 Aug 2005, 06:14 pm
TeGGeR®
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing

"Joe" <jrb258@hotmail.com> wrote in news:df58np04uf@enews1.newsguy.com:


<snip fairy tale stuff>


>
> How accurate is this data? Has any one in the group bought an Accord
> for the True Market Value(TMV) listed in the Edmunds guide?




Where the hell does Edmunds get the hubris to say that they can determine
"true market value"? What a crock of shit.

"True market value" is what the car *actually sells for*, and nothing else.
You can crunch numbers and pull your wank for ever and a day, and it means
zero if nobody will sell to you at this "true" price.

Edmunds cannot force dealers to sell for what Edmunds decrees is "true"
market value. What a laugh.


--
TeGGeR®

The Unofficial Honda/Acura FAQ
www.tegger.com/hondafaq/
Reply With Quote
  #3 (permalink)  
Old 31 Aug 2005, 06:46 pm
Dave L
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing


"Joe" <jrb258@hotmail.com> wrote in message
news:df58np04uf@enews1.newsguy.com...
>A 2005 Accord EX w/leather and 4 cylinder, is listed in the Edmunds guide
>with following costs:
> MSRP $24,600
> INVOICE $22,136
> TMV 21,993
>
> How accurate is this data? Has any one in the group bought an Accord for
> the True Market Value(TMV) listed in the Edmunds guide?
>
> I got a quote on a 2006 Accord EX w/Leather and 4 cylinder of $25,000.
> The salesman said the 2006 price increase is 1.4%, which change Edmunds
> costs to:
> MSRP $25,584
> INVOICE $23,021
> TMV $22,873
>
> Based on Edmunds' numbers, it looks I'm leaving a lot of money on the
> table.
>
> Any comments from the group are appreciated.


I recently purchased an '05 Accord LX 5-speed for a little more than 1k
under the TMV price. Negotiate between different dealers and always be
ready to walk away. But keep in mind, this is the end of the year
clearance - they want to get rid of the cars and other people are also
looking. So what you don't buy, it may not be there when you come back.

-Dave


Reply With Quote
  #4 (permalink)  
Old 31 Aug 2005, 06:59 pm
MJC
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing

TMV is pretty accurate, maybe slightly over the lowest price you can get
from a dealer. I bought my 2004 6MT Ex V6 coupe leather for less than
Edmunds TMV. Paid $25,000 for a $26,990 MSRP car.

Don't trust your salesman any further than you can throw him.
Be prepared to walk if you sense he is jerking you. Remember he is looking
out for #1, Himself.
You should get a real good discount on end of 2005 model year clearance.

Personally, I would wait on the 2006's. Unlike 2003 - 2005 Accords which
look identical, you will be able to tell the difference on 2006 Accords.
06 Accords will undergo a significant restyle on the rear tail lamp area.
This could drop the value on your 05 Accord. It will be considered a year
old in less than month. Good Luck!

"TeGGeR®" <tegger@tegger.c0m> wrote in message
news:Xns96C3C3D01BE83tegger@207.14.113.17...
> "Joe" <jrb258@hotmail.com> wrote in news:df58np04uf@enews1.newsguy.com:
>
>
> <snip fairy tale stuff>
>
>
> >
> > How accurate is this data? Has any one in the group bought an Accord
> > for the True Market Value(TMV) listed in the Edmunds guide?

>
>
>
> Where the hell does Edmunds get the hubris to say that they can determine
> "true market value"? What a crock of shit.
>
> "True market value" is what the car *actually sells for*, and nothing

else.
> You can crunch numbers and pull your wank for ever and a day, and it means
> zero if nobody will sell to you at this "true" price.
>
> Edmunds cannot force dealers to sell for what Edmunds decrees is "true"
> market value. What a laugh.
>
>
> --
> TeGGeR®
>
> The Unofficial Honda/Acura FAQ
> www.tegger.com/hondafaq/



Reply With Quote
  #5 (permalink)  
Old 31 Aug 2005, 07:12 pm
Elle
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing

> > Where the hell does Edmunds get the hubris to say that they can
determine
> > "true market value"?


How strange that you would object to Edmunds listing what others are
actually paying, using real sales data (so it claims). If you believe they
don't use actual sales data, then that's another issue.

Just the fact that the TMV number is often below the MSRP and invoice prices
is, it seems to me, helpful to car buyers.

Have you some other guide to offer new car buyers, to let them know they
can in fact not only not pay MSRP, but pay under invoice?

Edmunds with the many other sites on car buying seems to me to be a good
tool.

It's also helpful to read the reports here of people regularly paying under
invoice.


Reply With Quote
  #6 (permalink)  
Old 05 Sep 2005, 10:31 am
John Horner
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing

Joe wrote:
> A 2005 Accord EX w/leather and 4 cylinder, is listed in the Edmunds guide
> with following costs:
> MSRP $24,600
> INVOICE $22,136
> TMV 21,993
>


I was recently helping a friend shop for a new car and we had no trouble
getting two local dealers to meet or beat the Edmunds TMV prices on a
2005 Accord. Use the request a quote link from Edmunds, KBB.com or
carsdirect.com and you should get some very agressive quotes from nearby
dealers.

I wouldn't expect to be able to get agressive prices for the 2006 just
yet as they are only starting to trickle out and dealers are going to
take top dollar from gotta-have-it-now suckers.

John
Reply With Quote
  #7 (permalink)  
Old 05 Sep 2005, 10:33 am
John Horner
Guest
 
Posts: n/a
Default Re: Edmunds 2005 Accord Pricing

TeGGeR® wrote:
> "Joe" <jrb258@hotmail.com> wrote in news:df58np04uf@enews1.newsguy.com:
>
>
> <snip fairy tale stuff>
>
>
>>How accurate is this data? Has any one in the group bought an Accord
>>for the True Market Value(TMV) listed in the Edmunds guide?

>
>
>
>
> Where the hell does Edmunds get the hubris to say that they can determine
> "true market value"? What a crock of shit.
>
> "True market value" is what the car *actually sells for*, and nothing else.
> You can crunch numbers and pull your wank for ever and a day, and it means
> zero if nobody will sell to you at this "true" price.
>
> Edmunds cannot force dealers to sell for what Edmunds decrees is "true"
> market value. What a laugh.
>
>


You missed the point. Edmunds is not forcing anyone. They are simply
gathering information about the real marketplace and publishing it. I
had no trouble getting quote at or below the TMV price when I was
recently helping a friend with his new car shopping.

John
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Edmunds.com Article on Buying Cars (Excerpt on Internet Negotiating) Elle Honda 2 14 21 Feb 2006 11:27 pm
Edmunds.com Article on Buying Cars (Excerpt on Internet Negotiating) Elle Honda 3 14 21 Feb 2006 11:27 pm
2005 CRV Pricing Noel Honda 2 0 09 Jan 2005 04:12 pm
pricing for 2005 CR-V rajagraw@gmail.com Honda 2 3 06 Jan 2005 04:47 pm
edmunds.com tomk Honda 3 2 13 Jul 2003 09:36 am


All times are GMT -5. The time now is 01:33 pm.


Attribution:
Honda News | Autoblog
Powered by Yahoo Answers




Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.6.0 PL2 © 2011, Crawlability, Inc.
HondaCarForum.com is not affiliated with Honda Motor Company in any way. Honda Motor Company does not sponsor, support, or endorse HondaCarForum.com in any way. Copyright/trademark/sales mark infringements are not intended or implied.