Invoice and holdback calculations.

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Old 02-01-2006, 11:28 AM
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Racer
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Invoice and holdback calculations.

Trying to figure out what'a a good deal on an '06 TSX 6-spd w/Navi.

If the invoice price, without destination, is $27,257.

Then:

$27,257 - $818 (3% holdback) = $26,439.

So this explains how some people are getting awesome deals near the invoice. Just getting my armor together before I get down to the dealer.

Acura 3% of the Base MSRP
Source: http://www.edmunds.com/advice/incentives/holdback/
Old 02-01-2006, 11:35 AM
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Originally Posted by Zoopa
Trying to figure out what'a a good deal on an '06 TSX 6-spd w/Navi.

If the invoice price, without destination, is $27,257.

Then:

$27,257 - $818 (3% holdback) = $26,439.

So this explains how some people are getting awesome deals near the invoice. Just getting my armor together before I get down to the dealer.

Acura 3% of the Base MSRP
Source: http://www.edmunds.com/advice/incentives/holdback/
If the holdback is 3% of the Base MSRP, why did you take 3% of the invoice price? So the holdback should be more than $818....but good info!
Old 02-01-2006, 11:50 AM
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Racer
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Yeah, I guess you're right. If the MSRP is $29,890 for an '06 TSX 6-spd w/Navi (without destination fees), then the holdback is $897.

Source: http://www.edmunds.com/advice/incentives/holdback/

"The cost of the car includes a dealer holdback that, in the case of a vehicle [Acura], amounts to 3% of the MSRP..."
Old 02-01-2006, 02:31 PM
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Don't forget to add the destination fees BACK in. You WILL pay those, period.
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