Karl Shultz wrote:
OK, I'll guess. 35K?
Close. They wanted $34k and wanted to give me less for my trade than Vann York did besides the huge price difference of the new car.
Chuck Frank wrote:
I think you were shopping about a month too early. July and Aug were still decent months for Honda, and cars were still coming in. Sept Honda posted an >24% drop in sales and credit for the customers and dealer alike dried up so they must move the cars they already have floor planned to be able to accept more. I'd expect they are very willing to deal now on a slow moving $$ model to free up credit to get in two easier sells.
I bought when I did so I could get the killer Honda financing. I picked up my car 2 days before the 0.9% financing offer ended. I did the math and the 0.9 rate saved me between $1500 and $2k if I had bought with the standard 6.9% that they normally have. If they had offered me the CR for $31k, I probably would be driving on of them instead but this car is easily the best purchase I have ever made.
