Got Honda Civic 4dr automatic 2008 lx.
No extras.
out to door cost : 18250 in march 2008

softballcatch35 said:bsp8181 said:For the person who recommended the Elantra, I agree with you if you are leasing the vehicle and get a really good deal. The Elantra (and all of Hyundai's recent products) are dramatically improved. However, Hyundai's residuals are still significantly lower than that of its competitors (Toyota/Honda/Nissan/etc), so I would avoid buying a Hyundai if you plan on selling it in the future - or else you will be shocked when you go to sell it and find that it is worth significantly less than you expect.

Sorry if this is going OT, but I thought that this was wrong - when you lease a car, you're paying for the depreciation while you're in possession of the car, right? So a car that maintains a higher resale value (i.e., Honda, Toyota, etc) is actually preferable to lease rather than one that depreciates more rapidly such as a Hyundai. I've been looking at leasing a car, and it seems like everything I've read emphasizes that when leasing a car you want to look for the cars that will have the smallest difference between the new car price and the depreciated/resale value at the end of the lease. Or am I wrong?

Also, a lot of these incentives also apply for leasing...which may or may not be useful to some people.

Generally speaking, the less a vehicle depreciates, the cheaper it will be to lease. However, manufacturers often artificially inflate the residual value, or lower the money factor to reduce payments and move the metal. While a similarly priced Corolla without incentives would generally be cheaper to lease than an Elantra, there are often times when Hyundai will run a special (cheaper) lease to drive their sales.

My point was that if you like the Elantra, and found a lease deal significantly cheaper than the Corolla/Civic, I would consider it because the Elantra is a very much improved vehicle. You have little risk in a lease because you are not forced to keep the vehicle at the end - if you think the car is worth more than the residual, you buy it; if not you walk away. However, if you are buying the vehicle up front, I'd recommend looking at something with better residual values (Toyota/Honda). I see a lot of people who think they are getting a great deal because they buy a Hyundai for a few thousand dollars cheaper than a similar Toyota/Honda. However, they end up getting burned when it comes times to sell their Hyundai when its only worthy 45-50% of original MSRP, while the Toyota/Honda would have been worth 55-60% of MSRP.

MISURICK said: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?!

He got it out of his ass

Yeah, but you have to buy a honda and support foreign companies, and send your dollars abroad, contributing to our increasing trade deficit.

I know I'll be hated for this, but if you love your country, buy GM, Ford, or Chrysler.

hasni said:Guys,

I am in market for 2008, 6MT, Accord. I definitely want Bluetooth in the car (not sure if its included with the navigation or not) and navigation would be a plus too. I see retail MSRP of $31K on the Honda Website. I am in MA, and would like to have some feedback about it....

Is it right that the invoice on this vehicle is around $28K, if so, then what would be a GOOD DEAL. Can i get this car for around $25K ? I am calling around, but it seems not many dealers have this car

Thanks

1st go here Buying a new car FW Style

Your best bet is to do your research then email as many dealers as you can. When you get a low price email the others to beat it and repeat. Also, listen to that podcast posted earlier, if you are spending 30k or so a +/- 1 hour podcast is a great investment.

lithdoc said:Yeah, but you have to buy a honda and support foreign companies, and send your dollars abroad, contributing to our increasing trade deficit.

I know I'll be hated for this, but if you love your country, buy GM, Ford, or Chrysler.

Foreign competition is the only thing that will save GM, Ford, and/or Chrysler in a global economy. If you sheltered domestic companies, they would never have made the improvements they have to date (and yes, despite the haters, their quality HAS improved - the new Chevrolet Malibu is a classic example).

Buick sold 1 million cars in China last year. How many did they sell in the U.S.?

Less than 300,000.

To be competitive, GM, Ford and Chrysler need to not match, but better Toyota, Honda, etc.

I will grant you this - We Americans should pray and hope that our domestic manufacturers rise to this challenge, because if we follow the British, foreign corporations will own all of our means of production, and we WILL be worse off for it long-term in our degree of living standards.

The unions have to concede even more than they have, however, if we do stand a chance to produce the best vehicles in the world, and the U.S. government should allow Ford, GM and Chrysler to pool resources and collaborate on hybrid, diesel, battery, and other critical technology.

JesseLivermore said:
I will grant you this - We Americans should pray and hope that our domestic manufacturers rise to this challenge, because if we follow the British, foreign corporations will own all of our means of production, and we WILL be worse off for it long-term in our degree of living standards.

I'm not sure that's actually accurate in real terms - a lot of British industry was operating at a loss and by letting foreign companies take over they probably save money?

Jaguar supposedly lost 1M Sterling per day - US$2 - that's probably pocket change compared to some industries....

Personally, I'd blame the unions in the UK for destroying industry, that and the fact that some 20 or 30 years later we really can't compete on wage levels with the far East either.

Don't worry though, the UK's biggest industry is defence and there's no shortage of markets for that at the end of the day...

I got an o-t-d price of 18600 for an 08 civic coupe lx automatic...

This was the only quote that was reasonable from my 4 closest dealers. When I tried to have another dealer try to beat it, they just responded by saying "bring me the quote/certificate"... so i'm like hmmm... not falling for that crap

Hows everyone else doing? (i'm in CA)

lithdoc said:Buick sold 1 million cars in China last year. How many did they sell in the U.S.?

Less than 300,000.

I call BS on that statement.

GM in TOTAL (All divisions) sold 1 million, Buick sold about 300,00.

Last year, Buick sold more than 300,000 units in China

Source #2, Buick sales in China were 332,115 units in 2007, up 9% from 2006. Buick's U.S. sales were 185,791 in 2007, down 23%

You're correct.

I knew Buick sold more cars in China than the U.S., and I confused that with the fact that GM overall sold 1 million cars in China in 2007.

Mistakes happen.

http://www.chinabusinessblog.com/2007/12/25/one-million-cars-gm-hits-milestone-at-christmas-in-china/

fourml8r said:lithdoc said:Buick sold 1 million cars in China last year. How many did they sell in the U.S.?

Less than 300,000.



I call BS on that statement.

GM in TOTAL (All divisions) sold 1 million, Buick sold about 300,00.

Last year, Buick sold more than 300,000 units in China

Source #2, Buick sales in China were 332,115 units in 2007, up 9% from 2006. Buick's U.S. sales were 185,791 in 2007, down 23%