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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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
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.
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
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.
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.
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.
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.
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