Anyone know what the Honda employee discount is? - AcuraZine Community

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Old 02-20-2004, 8:22 PM   #1
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Anyone know what the Honda employee is?

I received a letter from my local honda dealer stating that I could buy any new Honda vehicle at a price normally reserved for their employees. They'll also throw in 0.0% financing on 2004 models. Too good to be true? Deal is for this weekend only as they're trying to win the 'prestigious President's award. Hmmm....

I could see myself in an 04 sk2.
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Old 02-20-2004, 8:55 PM   #2
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my dad used to work at honda, and we never got any special discount. our 'discount' per se, was that he took my civic, sold it to a wholesaler in the name of honda, and then went back and bought it for wholesale for me. His boss wasnt to happy about that. the car was only 2 years old at the time and instead of selling for like 13k, we got it for 9k

i think its bull just getting people to come in
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Old 02-20-2004, 9:01 PM   #3
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You gonna buy that S2k mike? Ya should.
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Old 02-20-2004, 9:26 PM   #4
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i think the honda discount is invoice less destination charge..................0% Apr on any Honda is a gimmick, they'll sell it at list and buy down the rate
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Old 02-20-2004, 9:28 PM   #5
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I think it depends on the dealer. When i sold i could get any honda at invoice, cept the s2000. we could only get 500 off that one.
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Old 02-20-2004, 9:58 PM   #6
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Quote:
Originally posted by jts1207
i think the honda discount is invoice less destination charge..................0% Apr on any Honda is a gimmick, they'll sell it at list and buy down the rate

if that's true it would be very interesting. i'll try and go tomorrow and let you guys know how it turns out.
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Old 02-20-2004, 10:03 PM   #7
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0% financing is NICEEEEEEEEEEE :blaze:
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Old 02-21-2004, 8:26 AM   #8
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my dad works for Honda of America(he's been there for about 22 years) at the Anna Engine Plant. he gets(and all Honda of America employees) get 20% off MSRP.

my car (in 94) we(my family) bought it new through the Honda employee plan. it's a 94 Honda Accord EX loaded(wood grain,spoiler, security system, lumbar seats, basically all the major goodies) it was out the door with tax and everything 21 grand.
i still have that car with 250k on it.
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Old 02-21-2004, 8:41 AM   #9
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Quote:
Originally posted by jts1207
i think the honda discount is invoice less destination charge..................0% Apr on any Honda is a gimmick, they'll sell it at list and buy down the rate
As long as he's not the one buying it down, who cares. 0% will save him thousands on a 60 month term.


MIKE, I WOULD DO IT!!!
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Old 02-21-2004, 11:13 AM   #10
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Originally posted by chris3240929
As long as he's not the one buying it down, who cares. 0% will save him thousands on a 60 month term.


MIKE, I WOULD DO IT!!!

if they are doing 0%, they will not discount the price and use the mark up in the car to buy the rate down........call them, offer them invoice on an Accord and 0% for 60 months and listen to them back peddle
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Old 02-21-2004, 12:13 PM   #11
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No, i'm not going to play games w/them.

Initially they said that the s2k wasn't included in the promo. They're checking w/the GM now because the letter states, "ANY new vehicle." We'll see...
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Old 02-21-2004, 12:14 PM   #12
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jts, they V6 accord is $900 over invoice @0%...ok, so curiosity got the better of me
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Old 02-21-2004, 12:17 PM   #13
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bahahahah!!! they're selling the s2k for $6k over sticker so the emp price was $33k+
I told him that he should be ashamed of himself and that I could get it below msrp @ carsdirect.
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Old 02-21-2004, 1:03 PM   #14
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haha, Mike I went up to Norm Reeves over here to take Adriennes accord in for service. They had an 03 and an 04 S2K and they were evenly marked at 33K
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Old 02-21-2004, 1:24 PM   #15
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hte the f'in games dealers play
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Old 02-21-2004, 1:31 PM   #16
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Quote:
Originally posted by CLpower
haha, Mike I went up to Norm Reeves over here to take Adriennes accord in for service. They had an 03 and an 04 S2K and they were evenly marked at 33K
That's were I bought our CRV @ invoice in october.
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Old 02-21-2004, 1:36 PM   #17
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It does depend on the dealer...I get normal finance charges or the best my credit would allow me but for the cost of the car I get it for $500 over cost. However this only applies to cars that aren't in demand...meaning if i wanted a new TL or MDX...because the waiting list at my dealer is sooo fucking long I won't get this didcount. But if we have some in stock or there isn't a waiting period I get it for $500 over cost...which saves approx $2-4K depending on dealer and vehicle.
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Old 02-21-2004, 1:39 PM   #18
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Quote:
Originally posted by jts1207
if they are doing 0%, they will not discount the price and use the mark up in the car to buy the rate down........call them, offer them invoice on an Accord and 0% for 60 months and listen to them back peddle
Buying down the rate is only a few hundred...0% over the long term will save him much more.

Plus, $900 over invoice ain't a bad deal to start with.
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Old 02-21-2004, 1:49 PM   #19
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my s2k was 30,100 in nova 04 two weeks ago... you can always get a better deal

and i got offered 29,700 in a color i didnt want (sebring silver w/ red black leather) at bill page honda in falls church (fairfax, va)
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Old 02-21-2004, 2:12 PM   #20
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Man, if you guys can get the 04 S2k for $30k thats really good considering the risidual value is $19k for 3 years which equals to a low lease payment..........$390.xx a month with a 700 beacon score, good thing i got good credit, new car to add to my list of possibilities.
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Old 02-21-2004, 4:36 PM   #21
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S2000 residual is SICK.

On par with an AUDI...

Does make for an interesting lease payment.
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Old 02-21-2004, 5:35 PM   #22
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actually from what ive seen, Audi sux on residual

To give an example, a 2004 Audi S4 is $46k and after 3 years its residual value is $22k.........not that great, not bad, but for a luxury car, it's not that great.
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Old 02-22-2004, 10:18 AM   #23
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Quote:
Originally posted by 3.2cl-s
actually from what ive seen, Audi sux on residual

To give an example, a 2004 Audi S4 is $46k and after 3 years its residual value is $22k.........not that great, not bad, but for a luxury car, it's not that great.
I'm not talking the S4...the performance oriented cars appear to be a different ball game compared to their regular line up. The A4 has a very good residual...I looked at leasing one in late 03, but it had no nuts.

Maybe it's the reliability factor on the S4,
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Old 02-22-2004, 8:02 PM   #24
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OK, 2004 Audi A4 quattro......base price $28k risidual value after 3 years...........drum roll please......$14,477

Not that great if you ask me, just above 50%
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Old 02-22-2004, 8:23 PM   #25
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Where are you getting that figure?
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Old 02-23-2004, 7:41 PM   #26
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http://www.leasecompare.com/#

very good website if you want to lease.........i have a financial calcuator which already gives me these figures, but it doesn't give residual.
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Old 02-23-2004, 8:13 PM   #27
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Well, try to get the figures from the latest ALG book. My bet is it'll be better than 50%. Maybe I can scrounge one up at work...

My 2cents says Leasecompare sucks, but to each their own. It's anybodies guess where that site gets their info.
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Old 02-23-2004, 8:13 PM
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