Question: I am looking a new 2007 and 2008 Honda and Camry, 4 Cylinder, 4 door, Automatic, no extra options:
Honda Accord LX
Toyota Camry LE
I’m near the 48152 area code if that helps.
Thanks!
Queen of the Road: Let’s begin with the Honda Accords,
For a 2007 Honda Accord LX 4dr Sedan (2.4L 4cyl 5A),
The Lowest Internet Price: $19,500
MSRP: $21,720.00
ePrice $19,500.00
Savings: $2,220.00
% OFF MSRP: 10.22 %
2nd Lowest Internet Price: $19,763
MSRP: $21,520.00
ePrice $19,763.00
Savings: $1,757.00
% OFF MSRP: 8.16 %
There’s a Cash Incentive of $800-$2,000 is being offered to the Dealership upon purchase. You are able to snatch the incentive from the dealership, so don’t take no for an answer! This excludes CA. Offer expires 10/31/2007 Keep in mind the 2008 is a redesigned Accord so there could be even better deals out there. Personally I think the 2008 looks much bettter.
For the 2008 Honda Accord LX 4dr Sedan (2.4L 4cyl 5A),
The Lowest Internet Price: $21,015
MSRP: $21,755.00
ePrice $21,015.00
Savings: $740.00
% OFF MSRP: 3.40 %
The 2008 Accords don’t offer any incentives at the moment. It will probably be a few months until you see deals coming.
Now for the Toyotas.
For a 2007 Toyota Camry LE 4dr Sedan (2.4L 4cyl 5A)
The Lowest Internet Price: $20,008.00
MSRP: $21,794.00
ePrice $20,108.00
Savings: $1,686.00
% OFF MSRP: 7.74 %
2nd Lowest Internet Price: $20,048.00
MSRP: $21,794.00
ePrice $20,114.00
Savings: $1,680.00
% OFF MSRP: 7.71 %
For a 2008 Toyota Camry LE 4dr Sedan (2.4L 4cyl 5A),
The Lowest Internet Price: $18,901.00
MSRP: $21,934.00
ePrice $18,901.00
Savings: $3,033.00
% OFF MSRP: 13.83 %
2nd Lowest Internet Price: $18,933.00
MSRP: $21,983.00
ePrice $18,933.00
Savings: $3,050.00
% OFF MSRP: 13.87 %
You can’t lose with the Accord or the Camry. Things to think about is that every time a vehicle is redesigned the value drops significantly in the used market meaning when it comes time to trade in you lose lots of cash. Now, if you are going to drive the car over five years and really get value on it then go for the best upfront deal. Good luck and let us know which one you choose.