Question For AutoBrag: Good Deal Or Bad Deal?
Question: Hi - I am looking for pricing of new 2008 honda CRV EX AWD in the region of columbus, oh (43213) area. The best i have got till now is 23500(w/o tax & tags). Let me know if this price is OK or should be negotiated more.
MSRP is $24,820. I was looking for price below invoice but none of the dealers are able to match invoice at all. So, was not sure whether i am paying too much or not. Please advice.
Thanks
Queen of the Road: Hello there! Booooo! 5% savings is weak. The average discount is 7% off and the maximum is 10.25%. I would aim at $22,338 (10% off the $24,820 MSRP/savings = $2,482) or a figure around there.
5% off is considered a good deal for the dealership. That is an extra $1,200 that the dealer is making off you.
Here’s one example of a 9.7% discount…
For a 2008 Honda CR-V EX 4dr SUV AWD (2.4L 4cyl 5A),
The Largest Percentage Off MSRP Price: $23,848.00
MSRP: $26,414.00
ePrice: $23,848.00
Savings: $2,566.00
% OFF MSRP: 9.71%
I have confidence that you can get a deal close to 10% off. Have you spoken with that dealership’s Internet Sales Manager? You might want to try other Honda dealerships in your area or in another city close by, but always call first to save yourself time. Always ask to speak with the Internet Sales Manager/Internet Fleet Manager instead of a floor salesman.
