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#1
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TeGGer® wrote:
> Even at the prices these cars sell for, both Toyota and Honda lose money > overall on every hybrid they sell. Would you view it as an investment that will pay off for them some day? How does the economics of licensing work out for Toyota? Don't they sell their technology to Ford and/or others? Also, if gas were as much in America as it is in Europe, I imagine the demand would only increase. Maybe we would see more older, smaller displacement cars fixed up (mechanically at least) and on the road. By the way, I have no idea how much gas is taxed in Canada, but I have travelled there in the past. I don't remember it being significantly higher. Mark |
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#2
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The Art of Haggling and Other Questions About the Civic Hybrid
Hello All!
My wife and I are very close to purchasing an '05 or '03 Civic Hybrid. Although this is not the first car my wife has purchased, it will essentially be the first I have purchased. I was wondering if anyone can offer any tips on haggling with the Honda dealership. We feel this is an important but somewhat unsavory part of purchasing a car. (I know that some people view haggling as a sport - I hope they will sound off here!) There may be some general rules of thumb to follow, but I don't know them and would like any tips anyone could give. We'd like to get them to come down off the price a bit - I think the sticker on the '05 is around $20,000. I was also curious to see if anyone knew the answers to the questions that the salesman couldn't answer, specifically: - What happens to the batteries after they are replaced? The ecofriendly nature of this car is a big selling point for us. But the fate of dead batteries is unknown to us right now. Would hate to think they'd end up in a landfill or something. - Has anyone any expereince with problems in extreme weather conditions? (tough starts in extreme cold, for example) - Can some one explain, in as plain a language as possible, under what circumstances the auto stop feature occurs in the engine? My wife and I read a little about it in the manual on the test drive, but we're a bit confused still. Do all of the conditions listed in the manual have to be present before the engine shuts down? Or just one or two? Any feedback at all on this car is appreciated. Just for reference, both of the cars we're looking at have the CVT transmission. Have great day, Matt |
#3
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matt wrote: > Hello All! > My wife and I are very close to purchasing an '05 or '03 Civic Hybrid. > Although this is not the first car my wife has purchased, it will > essentially be the first I have purchased. I was wondering if anyone > can offer any tips on haggling with the Honda dealership. We feel this > is an important but somewhat unsavory part of purchasing a car. (I > know that some people view haggling as a sport - I hope they will sound > off here!) There may be some general rules of thumb to follow, but I > don't know them and would like any tips anyone could give. We'd like > to get them to come down off the price a bit - I think the sticker on > the '05 is around $20,000. The basics are simple. You have to be willing to walk out of a dealership emptyhanded if you don't like the initial results. I've been pressured with, "what can I do to see you walk out with the keys". Then I shopped around, got some more quotes, walked back to the dealership and got my price after looking around. The other thing is that you can now use Edmunds or any of the auto services to contact multiple dealers for quotes. The Civic Hybrid doesn't have options, so quotes should be. And don't forget that financing is very important, unless you plan on paying cash. Once I took an advertised factory financing special, and the financing manager told me he was a bit miffed about it. Something about not making anything off of it, when normal financing deals net them decent profits. |
#4
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those tips sound very good - i appreciate you taking time to answer!
any other tips from anyone would be appreciated. |
#5
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First, this is not a "gotta-have" car. It's just one of several you're
looking at. And this dealer is just one of several you're visiting. It's a mindset -- communicate it to every salesman that you talk to. Never be afraid to say the deal isn't acceptable & head for the door. They hate for you to leave because your deal will probably be cut at another dealer. If they want to negotiate, they'll ask you want you want, and may actually listen more than before. Then you use the good info obtained from Edmunds.com and elsewhere to outline the deal you want. If you're not prepared, you'll get screwed or be wasting everyone's time, including your own. Don't be afraid to leave an e-mail or phone # with the dealer even if you walk out. Often they'll give you a call, or the manager will call. Listen to what they have to say; research anything that sounds fishy. You don't have to commit -- ever -- and that's your ace card. Sometimes these contacts can go on for months. Leading up to, DON'T BE IN A HURRY. Communicate to the dealer that you have all the time in the world. They don't. They have rent to pay, and more cars arriving daily. They've got to sell them at some point, and that point isn't too far away. Be prepared to hear the truth -- the dealer may actually be honest, when telling you a particular vehicle is in such high demand that they've already given you their best price. Sometimes for a specialty vehicle, it's true. It's your choice at that point whether to pay MSRP or many thousands above it. Try alternative contacts at the same dealer: call the fleet manager up (just tell the receptionist you want to talk with "the fleet manager"). Frequently they'll give you a good price, pretty much non-negotiable in some cases, and cut through all the b.s. If they even ask if you've been dealing with one of their salespeople, just say no. (It helps if you haven't been to the dealer in a few weeks.) Once you agree to buy the car, you'll be thrown into a new pit: dealing with the "F&I" or Finance and Insurance guy. He is not your friend. For that matter, some females I've seen in this position are even more cold-hearted if that is possible.) If you brought your own financing (and why didn't you?) ask if they can beat it. Sometimes they will. Every slug of an F&I guy makes $80,000+ U.S., and does it by screwing as many customers as possible. Know the best rate you can get before you walk into his office, and be prepared to say 'NO' to every fabric treatment and undercoat deal they insist that you buy. "You should be getting this and protect your Investment -- are you Stupid, or what?" I actually had someone tell me that. She was very, very pretty. I wouldn't worry about battery disposal too much, I don't think that they are particularly toxic. No lead, mercury, cadmium. Why don't you worry about the ton of disposable diapers your kids are going to put into that landfill? JM |
#6
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On 10 Feb 2005 08:43:16 -0800, "matt" > wrote:
>My wife and I are very close to purchasing an '05 or '03 Civic Hybrid. >Although this is not the first car my wife has purchased, it will >essentially be the first I have purchased. I was wondering if anyone >can offer any tips on haggling with the Honda dealership. Others have given good advice in this thread. Here are some warnings about sly tricks. If your wife is with you and the salesman leaves you alone in a little office while he "checks with the sales manager", watch what you say. Dealers have been known to bug such places so they can get hints about how ready you really are to buy and what your price is. Watch the guy with the adding machine! Re-check his totals. They've been known to tell you they're knocking $ off and slip them right back in again. Not so important if there aren't a lot of options. Don't be a rug merchant. Haggling is all very well but don't be too greedy. Know what the car is worth and don't ask for too large a price cut. Make sure your bank or credit union can't do better for you than their finance guy. If you have cash from a personal line of credit at your bank, don't tell the dealer. He may be giving you a deal on the car with the intent of screwing you on the financing. With hybrids, don't forget to factor the cost of replacement batteries into the maintenance costs. Then there's that 'extended warranty' business which I'll leave others to comment on. |
#7
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matt wrote:
> I was wondering if anyone > can offer any tips on haggling with the Honda dealership. > We'd like > to get them to come down off the price a bit - I think the sticker on > the '05 is around $20,000. All of the negotiating tips were good, but I don't know if they'll be that applicable to hybrids. According to all the media reports, hybrids are in extremely high demand. Some dealerships are selling above MSRP because people are willing to pay that much. |
#8
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#9
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John Ings wrote:
> Others have given good advice in this thread. Here are some warnings > about sly tricks. > > If your wife is with you and the salesman leaves you alone in a little > office while he "checks with the sales manager", watch what you say. > Dealers have been known to bug such places so they can get hints about > how ready you really are to buy and what your price is. dont buy based on monthly payments dont fall for the "up to" scam... salesman: how much can you afford a month? you: bout $300 saleman: up to? you: well, maybe $350. theyll figure out a way to work the deal, but itll be in their favor. |
#10
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TeGGer® wrote:
> Even at the prices these cars sell for, both Toyota and Honda lose money > overall on every hybrid they sell. i dont believe thats true any more for the prius. i think theyre finally in the black with this generation. |
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