C8V6C--

I don't trust edmunds.com, et al, invoice figures of $31,009-$31,604, but if they are true, then the dealer is getting factory incentives . . . that's how they can afford to go that low.

Thanks.

Marrk


P.S. So, can they reset odometer readings or not? Anybody know?

 

yea man. my friends mom and dad both work at seperate dealerships, and ive heard this before at other places. i know a guy who bought an 03 cobra brand new 28 thousand.

this usually can be negotiated when paying full in cash, or its a crappy car no one buys. end of the month is the time to buy cars that have been on the lot too long.

 

I was told yesterday by a Honda salesman that Honda just announced a factory to dealer incentive of $2000.
Invoice is $31,604 minus the $2000 = $29,604 dealer cost for the car. Dealer still makes holdback money, usually 3% of MSRP.
$29,949 is a very good deal, my deal is at $30,740. Trying to get to $30,000.

 

There's about a 5% factory holdback that the dealer gets with each sale.
So if 5% is the number, the dealer can sell at cost and still make approx. $1500.
Not all cars are 5% though and I don't really know what the holdback is for an S2000.

 

[QUOTE=Marrk,Apr 4 2007, 11:13 AM] Luke--

I'm dealing on a new 2007 model.

The one thing I'm irrationally fussy about is miles on a new car, so the reading on the odometer would be a make or break factor. I'll be checking odometer readings before buying.

Is there any way that dealers can monkey with an odometer reading

 

Good deal. saw one at a honda dealer just outside of Philly the other day and it was about $35k

 

If you like it and it's the color you want you better get it fast. It could be months before the dealer gets another one just like it. You could order but this could also take weeks/months.

 

When I purchased back in April '05, there was a $750 holdback. I don't know how much the holdback is now or even if A.H.M. has one running.

 

Your probably right I was just guessing towards the high end.
My understanding is that it ranges between 2-5% and possible other factory incentives given the dealer.
I think there is also a cumulative payback by the Corp. for units sold per month/quarterly etc.

 

sounds pretty good, i would go for it.