2008 Honda Civic - $500 Under Invoice

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Not sure how hot this is, but I got an email that 2008 Civics are $500 under Invoice and Accords are $1000+ under.

With high gas prices I know some people are having a hard time finding a decent deal on non-gas guzzler.

FYI Also, the 2009 Civic comes out in about a week.

Email for what it's worth...

Hi Bryan,

In an era of high gas prices, everyone is looking to budget themselves without losing the luxury end of a vehicle.

Honda has some of the most fuel-efficient vehicles in the market, that won’t leave you with an empty pocketbook.


Mr. Opportunity is back and it’s time to take advantage of the 2008 Honda Clearance.

 

Available through August 31st 2008.

CR-V’s $1200.00 UNDER INVOICE

CIVICS $500.00 UNDER INVOICE

ACCORD V6 MODELS $1500.00 UNDER INVOICE

ACCORD 4cyl. MODELS $1000.00 UNDER INVOICE

ODYSSEYS $4000.00 UNDER INVOICE

RIDGELINES $5500.00 UNDER INVOICE

08 PILOTS $5000.00 UNDER INVOICE

09 PILOTS $2500.00 UNDER INVOICE

SPECIAL FINANCING AVAILABLE ON SELECTED MODELS STARTING AS LOW AS 0.9%

All prices are plus taxes and fees.

We have 150 certified pre owned Honda’s in stock. www.McGrathCityHonda.com

Any further questions please call and speak with your Honda Sales Individual or our Internet Managers: Rueben, Frank or Yana.

McGrath City Honda is located at:

6720 W Grand Ave
Chicago IL 60707

Or

Visit our website at McGrathCityHonda.com to talk to our online Internet greeters.

We look forward to seeing you here.

Sincerely,
Kevin McGrath

(888) 371-5679



Looks like Honda might be giving ADDITIONAL hidden incentives to dealers to clear out inventory.

You should be getting a price under invoice ROUTINELY.


foghorn19 said: Looks like Honda might be giving ADDITIONAL hidden incentives to dealers to clear out inventory.

You should be getting a price under invoice ROUTINELY.

Actually, my vague understanding from the news I've read suggests that the small high-efficiency cars are all selling like crazy - and discounts are harder to come by. Looking at that website (that's a great website, btw, thank you!), almost all the Civics from this year are at or above invoice.

And, I wonder if you can still haggle from this base price. i.e. if the sticker price is $20K and the dealer sends you an email saying they're on sale for $invoice-$500=18K, do I lose my leverage or can I still push the dealer down to 16K?


The only price you should ask dealer about is OTD (out-the-door) price. "Under invoice" means nothing, when they start adding fees, rebate taxes and charge you $500 for paint protection. You can use that email if you have prenegotiated price, otherwise it's BS, sorry. My Honda came with a $2000 dealer's loss on paper (for IRS), but he was still happy to get my money getting more another way.


Sensor said: foghorn19 said: Looks like Honda might be giving ADDITIONAL hidden incentives to dealers to clear out inventory.

You should be getting a price under invoice ROUTINELY.


Actually, my vague understanding from the news I've read suggests that the small high-efficiency cars are all selling like crazy - and discounts are harder to come by. Looking at that website (that's a great website, btw, thank you!), almost all the Civics from this year are at or above invoice.

And, I wonder if you can still haggle from this base price. i.e. if the sticker price is $20K and the dealer sends you an email saying they're on sale for $invoice-$500=18K, do I lose my leverage or can I still push the dealer down to 16K?


You can offer them whatever you want....just be prepared to walkout if you get rejected....
many people fall in love with the car and will take pennies off to make the deal....and they know it.


The Civic DX Coupe with manual retails around $14800.....but for that you don't even
get life support neccesities a/c or power win.


google this...Honda settlement. Honda quality is not as good as you believe to be. Plus Honda is very sneaky; they will not recall their defective products.


77Rus said: The only price you should ask dealer about is OTD (out-the-door) price. "Under invoice" means nothing, when they start adding fees, rebate taxes and charge you $500 for paint protection. You can use that email if you have prenegotiated price, otherwise it's BS, sorry. My Honda came with a $2000 dealer's loss on paper (for IRS), but he was still happy to get my money getting more another way.Invoice price also means nothing because this does not reflect any discounts the dealer may or may not have been given in connection with the delivery that included that particular car. The name of the game is to shop around and do your research before buying, just like any other purchase.


LOL really? invoice price?? people still fall for that trick?


Their website sux. Click new specials new vehicle specials and whalla its nothing but used cars scrolling on the page... gave me a headache


Never trust a car dealer and a mechanic. There are usually 2 invoices they carry, one is the real one that you will never see. The other one is for you to get excited about your screaming deal!

I used to work for a honda dealer!


Edmunds doesn't list any marketing support insentives for Civic, but has $500 for Accord V6 in your zip code. Link


great deal. i dont think this applies to northern california though. i would buy a crv this week if this were applicable to me.


nomiee said: Never trust a car dealer and a mechanic. There are usually 2 invoices they carry, one is the real one that you will never see. The other one is for you to get excited about your screaming deal!

I used to work for a honda dealer!

are you talking about a hold back money?


the real invoice is about 15-20% less than the "fake invoice".


On the Accords, I was getting some offers supposedly in the low 18k's


The best deal is the Friday morning "loss leader". This is where dealers advertise 1 to 3 "at this price" Usually they are base or midline models but sometimes they have higher end models too.

I bought my 05 Corolla S this way. It was fully loaded, with 6 CD changer and premium sound. It was listed 2 at this price. The finance closer said he was shocked to see it go for $3k under the usual price. It averages me 31 mpg, which I am very happy with.


thanhai2 said: the real invoice is about 15-20% less than the "fake invoice".

from msrp!


camninja said: google this...Honda settlement. Honda quality is not as good as you believe to be. Plus Honda is very sneaky; they will not recall their defective products.

where do you get your info?!


On the surface, this looks interesting ... ODYSSEYS $4000.00 UNDER INVOICE


There was a really good article in the Money magazine last year that talked about how you can get the best deal on your new cars. There are some really good pointers in there... I hope it helps.


Also, don't forget to buy at the end of the month if at all possible. It worked for me - on a trade in deal even.


foghorn19 said: Looks like Honda might be giving ADDITIONAL hidden incentives to dealers to clear out inventory.

You should be getting a price under invoice ROUTINELY.

Yes, Honda doesn't want to hurt its resale value. So, they hardly offer any direct cash to consumers like Nissan or most American manufacturers. You could get a new '07 Accord for 4-5K under invoice last July-Aug but you could only find about 2K in marketing support (they didn't even advertise it as cash to consumers).

Toyota (BMW) is also offering secretive incentives similar to Honda.


McGrath is an awesome dealership. I got my 08 Civic Ex sedan back in April, and I love it. I got it for $400 under invoice then.
Tony Segarra is a cool salesguy, friendly and low pressure. I also got $100 over KBB value on my trade. No tricks, in and out in just over 2 hours.


Quikboy4 said: McGrath is an awesome dealership. I got my 08 Civic Ex sedan back in April, and I love it. I got it for $400 under invoice then.
Tony Segarra is a cool salesguy, friendly and low pressure. I also got $100 over KBB value on my trade. No tricke, in and out in just over 2 hours.


Are you getting a spiff for the referral?


$500 under invoice for the civic is not extraordinary. I helped someone pick up an 08 civic at $300 off invoice and $200 worth of free accessories back in May. They also have the 1.9% finance promotion back then. Considering it's August of 08, I would expect it to be closer to $800-$1000 below invoice.


I got the civic lx 2008 this March for 18250(out to door price). I dont know if i got a good deal
I am in Bridgewater, NJ.
Just posting, so that you guys could bargain even more !!!


Make sure you look up the invoice price online before walking into the dealership. I've had a salesman for a Toyota Corolla tell me that they're selling at invoice, although he tacked on about $500 of "required" marketing charges. Better yet, don't even mention the word invoice so that they won't have a chance to show you a false pricing statement. Bring a calculator, ask the salesman for the exact cost of license/registration, calculate the total out the door price yourself, and then ask for it. This way, there's no time wasted on confusion and turning down useless upgrades and parts that they usually try to throw in.


camninja said: google this...Honda settlement. Honda quality is not as good as you believe to be. Plus Honda is very sneaky; they will not recall their defective products.I nominate this for "Most Useless Post of the Day Award" (MUPOTDA).


Good comments from Davelin83.


zenmaster123 said: I got the civic lx 2008 this March for 18250(out to door price). I dont know if i got a good deal
I am in Bridgewater, NJ.
Just posting, so that you guys could bargain even more !!!

Thanks. What about # of Doors? Automatic? Any extras?

Edmunds - 2008 Honda Civic


This comment is for regular buyers not super FWers. I have read all posts and have been lucky in many deals but not in cars. I bought in auction Corolla LE 2009 with 952 miles for 15300. It had a dent on it. I had to pay on top of it 200 dollars auction fees, some 65 dollars towing to dealer, another 70 dollars for entry to auction place and some processing charges. 700 dollars take the dent off. Now the car is for 17619.63 after Tax Tag and title. I found one tire was different than OEM and did not have one key plus a little ding in wind screen with missing mats added on top. This is not to discourage anyone, and last year I bought Honda Accord VP on road with all included for 19400 from dealer around invoice price (2007 model when 2008 was coming in August). I had to add speakers for 100 later on because it does not come with speakers.


I highly recommend anyone looking at a Civic take a look at a 2007 or later Elantra. My wife who initially wanted nothing to do with a Hyundai is now driving the 2007 Elantra we bought while I am now driving our Accord.


how much could i get a civic si coupe for?


zenmaster123 said: I got the civic lx 2008 this March for 18250(out to door price). I dont know if i got a good deal
I am in Bridgewater, NJ.
Just posting, so that you guys could bargain even more !!!

I got 2008 Honda Civic Hybrid in June for $20500-$1000 tax rebate I will get in 2009=$19500. I didn't get the GPS etc.


77Rus said: "Under invoice" means nothing, when they start adding fees, rebate taxes and charge you $500 for paint protection.

The paint protection is truly laughable. Now that clear coat has been standard for many years, what is paint protection anyway? Do they actually apply *anything*, or merely write it on the dealer invoice?


is there a better time of year to shop honda? does it fall on the same time every year or do i need to watch out for promos?

looking to get a new/demo/display model of honda accord. i've had best luck with hondas so far, probably has to do with an outstanding service center we have here locally. i've not had once problem with them where they cheated in some or any way. they also have a dealership and those guys come from a different planet. suffice it to say i'm not buying my cars from them

long story short, i wonder when's the best time to buy a honda if there is a better time for that.

thanks!


thanhai2 said: the real invoice is about 15-20% less than the "fake invoice".

Yeah. If it is not on clearance,dealer usually makes $3000 - $3500 per car.


Edmunds and the other popular 'pricing' services are basically scams promoted by NADA to fool you into believing you're getting a good deal.

There are 'trade secrets' and 'proprietary information' you'll never hear or know about when it comes to holdbacks and other incentive cash dealers receive from manufacturers, sometimes amounting to thousands on the hood per unit, that you will NEVER know about as a consumer (unless you have an immediate family member or very good friend who is in a managerial position at a dealer).

So, invoice prices are, for all practical purposes, an antiquated and meaningless benchmark when attempting to verify whether your 'good deal' was good, after all.


Hi, Could I have a question?

If you get a Honda Accord 08 for around $20000.

How much property tax and registration you have to pay per year in

the first several years?

Thanks.


Skipping 176 Messages...

praladh said: I have negotiated 2009 Honda Civic LX for $17300. OTD price would be ~ $17500 as there is no sales tax. Do you think this a good deal or I should negotiate more.

That is a great deal. I am looking at the DX-VP model for about $17k, don't know how much I can negiogate any lower.




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