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People tend to lie about car price they paid.
People tend to lie about house price they paid.
People tend to lie about amount of money they make.
They lie. get the point.
Unless we post up the final contract papers from each one of you, some of these numbers are bogus. Why? because people don't want to be seen as a sucker who just paid more than Jones next door.
Check out the "What do you do for a living thread"
If you list your salary, you are definitely lying to make yourself feel better......
I personally like to kepp all that stuff confidential. Who's business is it how much $$ you make???
As for the price paid for a car: It's only a good price if you are happy with it.. Who cares what others have gotten..
Example: I can save $1,000 on a brand new '04 S2K if I buy out of state, but if you figure in the costs it takes me to get the car to Florida, I end up paying about the same amount buying the car locally....
OK Just so everyone knows I'm not BS(well either that or I'm really good with photoshop)
OK so you can see where I got it from. Now I'll tell you how Some is general info some is not.
I got this deal because I shopped around. At the time I was shopping the Honda Dealer in Fremont was advertising $29,995 as an online price. Some other dealers were offering around the same some were offering higher. What you do is play the dealers against one another to get the best price you can. I paid a little more than I had too because I wanted suzuka and I wanted a dealer close to me. Probably could have gotten $100-200 or so less, but I guess I can live with $145 over invoice
Other factors to consider. It matters when you buy! The best time to buy is when the weather is the worst. Most people buy convertibles in the spring and summer. I bought mine in January. Demand is just lower when the weather is bad. This is also why it is harder to negotiate in southern CA, not alot of crappy weather
I paid cash. This can help you because the dealer gets money in the pocket today! Sometimes you can get a better deal buy financing because the dealer will make some of his money back in interest.
It matters how long the car has been on the lot! The dealers have a 'holdback' which is 3% the price of the car for Hondas. This is money the dealer gets back from honda if they sell the car within a short time frame. This is how you can get below invoice sometimes. This holdback money is reduced for every day the car is on the lot. After 90 days the dealer gets no incentive. This means you can get a better deal by buying a car that has just arrived on the lot.
Finally you can get a better deal sometimes by buying at the end of the month(I bought at the very beginning). This is because the dealer will get manufacturer incentives for meeting certain sales quotas. This means that each car cost the dealer less and they will be more willing to negotiate since they are getting an additional rebate per vehicle. These incentives can be monthly and quarterly and yearly. FYI
Hope this helps. For those that want more info about my specific deal PM me.
-Chris
BTW CA taxes suck!!!!! Also for anyone who posted BS purchase prices, please take them off. The point of this thread is to give people and idea about the market price for an 04 not to inflate(or deflate) egos.
edit: Oh yea one last point. Always be willing to walk away. Almost no dealer will let you leave. They'll come back with a better offer!
get the point.
)
Some is general info some is not.