Price What discount should I expect ?

elegance · 6th January 2009, 17:03

Hi guys,

I was wondering if some of you dealers could advise me on a quote I have received.

I'm looking to cash purchase a new Honda Civic i-ctdi standard EX model in Nighthawk Black Pearl with one option, Concert Pack upgrade. OTR is approx £19900 I think.

I have been offered a £1400 discount, which sounds pretty poor to me.

Can any of you guys give me a better price and if so, how much ?

pm me if you would prefer.

thanks,
Steve

Wheelchair · 6th January 2009, 17:07

I'm sure you could haggle a much much bigger discount than that, even without the credit crunch!

FWH · 6th January 2009, 17:11

A year ago I would have called £1400 ok as it is 7%.

Today I would have pushed for more.

Honcho · 6th January 2009, 18:10

You'd save well over £4,000, brand new on DrivetheDeal.

Other firms of that kind would offer similar discounts.

Don't think about accepting the offer you've had.

Dimplyred · 6th January 2009, 18:21

Get some online quotes from companies such as DrivetheDeal for the exact same model and take them into the dealer to see how close they can get.

mrh339 · 6th January 2009, 18:41

In the current climate I would be looking for a minimum discount of 15% and push for 20% to start with.

NH Dan · 6th January 2009, 18:44

Quote:

Originally Posted by mrh339

In the current climate I would be looking for a minimum discount of 15% and push for 20% to start with.

Good luck!!

HappyMan · 6th January 2009, 20:53

Quote:

Originally Posted by mrh339

In the current climate I would be looking for a minimum discount of 15% and push for 20% to start with.

Personally I think that might me a little extreme. The key thing is to get the best deal for you.

Dealers want to sell cars at a small profit not donate them to the customer, mrh339

even in this economical climate!

Mr JP · 6th January 2009, 20:55

The key is, don't buy new. If you want a MY09, wait a couple of months.

Anyone that buys new has got more money than sense IMO.

mrh339 · 6th January 2009, 21:13

Guys Honda have got an airfield full of unsold cars and have had to cease production so do you not think that dealers will not have prices lowered and more margin to discount? If drive the deal can manage a discount of £4000 then a dealer should also be able to its just a case of finding them so shop around.

TheBiGW · 6th January 2009, 21:19

I guess it depends how badly you want a new car. I got a mint 57 plate ES for 9500, so if you're happy with that kind of depreciation on a new car then go for it. 1400 or 4000 discount you're still looking at a serious loss a short time from now if you go for a new one.

NH Dan · 6th January 2009, 21:50

Quote:

Originally Posted by mrh339

Guys Honda have got an airfield full of unsold cars and have had to cease production so do you not think that dealers will not have prices lowered and more margin to discount? If drive the deal can manage a discount of £4000 then a dealer should also be able to its just a case of finding them so shop around.

I dont need to think that, i KNOW that isnt the case. and no, there aren't any airfields full of unsold UK spec cars.

nellz_bassettshonda · 6th January 2009, 22:28

Telling me Dan. I have lost 3 deals this week due to lack of availaliblity on New 08 Civics. There are few 08's left now especially in SE spec.

Plus dealers wont transfer their stock just in case they have any enquiries.

NH Dan · 6th January 2009, 22:32

Quote:

Originally Posted by nellz_bassettshonda

Telling me Dan. I have lost 3 deals this week due to lack of availaliblity on New 08 Civics. There are few 08's left now especially in SE spec.

Plus dealers wont transfer their stock just in case they have any enquiries.

Maybe you need to speak to Mrh339 - he seems to know where there are a stack of cheap new cars being stored.

NickS · 6th January 2009, 22:38

I thought that dealers were now getting £3000 "support" on 2008 models, in addition to any usual margins, which might explain how brokers can offer £4k off.

NickS

Cedric94 · 7th January 2009, 14:44

My French Dealer offered me 10% on a 2008 1.8 EX Ishift 3 weeks ago, before I even open the mouth.
I have to manage to find time to go back to him to see the price now that we are in 2009...

The funny thing is that in Germany (Honda northern europe) you can order already 2009 models, and in France (Honda southern europe) you can't, it seems they have decided to sold all 2008 cars before starting the 2009 sells.

Jack The Lad. · 7th January 2009, 15:21

On the BBC tv 1pm news.
They had a few minutes worth of the new cars sales figures.
There was a Honda Dealer in Scotland, offering the Hybrid at £2000 off.

Christof · 7th January 2009, 15:58

Just spend a bit of time and shop around and dont be affraid to walk away if you are not sure you are getting the best deal. If drive the deal are offering £4000 off new civics then that has to be the starting point for you.

Honcho · 7th January 2009, 16:21

Companies like DrivetheDeal only get their cars from main dealers. So clearly, some dealers take the gamble of supplying them in the hope of making a lot of sales they wouldn't have made before.

Obviously, they earn next to nothing on them.

But since this trade continues, the law of the market must mean they make enough.

Nevertheless, as so many others have said, just don't buy new.

kingofthehill · 7th January 2009, 16:43

There are cars cluttering the airfileds in Swindon. My nephew has just got a 6 months contract to move the cars to other storage areas

6th January 2009, 17:03	#1 (permalink)
elegance Car: 2008 2.2, 5 door, NHB Join Date: 20th October 2008 Location: London, UK Posts: 18 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	What discount should I expect ? Hi guys, I was wondering if some of you dealers could advise me on a quote I have received. I'm looking to cash purchase a new Honda Civic i-ctdi standard EX model in Nighthawk Black Pearl with one option, Concert Pack upgrade. OTR is approx £19900 I think. I have been offered a £1400 discount, which sounds pretty poor to me. Can any of you guys give me a better price and if so, how much ? pm me if you would prefer. thanks, Steve

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This thread is about: What discount should I expect ?, it's in Buying, Dealers and Servicing at the Honda Civic forum Civinfo; Hi guys, I was wondering if some of you dealers could advise me on a quote I have received. I'm looking to cash purchase a ...

6th January 2009, 17:07	#2 (permalink)
Wheelchair Goodbye all, have fun! Join Date: 10th August 2007 Location: UK Posts: 10,257 Thanks: 77 Thanked 400 Times in 386 Posts iTrader: (0)	I'm sure you could haggle a much much bigger discount than that, even without the credit crunch!

6th January 2009, 17:11	#3 (permalink)
FWH Super Moderator Car: 07 1,8 Executive 5 door NHB Join Date: 3rd June 2007 Location: Where Polar Bears roam the streets Posts: 9,901 Thanks: 71 Thanked 197 Times in 185 Posts iTrader: (0)	A year ago I would have called £1400 ok as it is 7%. Today I would have pushed for more.

6th January 2009, 18:10	#4 (permalink)
Honcho Supporter Join Date: 5th October 2006 Posts: 521 Thanks: 0 Thanked 7 Times in 7 Posts iTrader: (0)	You'd save well over £4,000, brand new on DrivetheDeal. Other firms of that kind would offer similar discounts. Don't think about accepting the offer you've had.

6th January 2009, 18:21	#5 (permalink)
Dimplyred Super Moderator Car: Type R GT Join Date: 24th August 2007 Location: Staffordshire Posts: 9,816 Thanks: 40 Thanked 596 Times in 579 Posts iTrader: (2)	Get some online quotes from companies such as DrivetheDeal for the exact same model and take them into the dealer to see how close they can get.

6th January 2009, 18:41	#6 (permalink)
mrh339 Supporter Join Date: 27th September 2007 Location: Gloucestershire Posts: 679 Thanks: 0 Thanked 18 Times in 18 Posts iTrader: (0)	In the current climate I would be looking for a minimum discount of 15% and push for 20% to start with.

6th January 2009, 20:55	#9 (permalink)
Mr JP S2000 Brigade Member Join Date: 2nd February 2007 Location: Kent, UK Posts: 3,264 Thanks: 77 Thanked 142 Times in 134 Posts iTrader: (16)	The key is, don't buy new. If you want a MY09, wait a couple of months. Anyone that buys new has got more money than sense IMO.

6th January 2009, 21:13	#10 (permalink)
mrh339 Supporter Join Date: 27th September 2007 Location: Gloucestershire Posts: 679 Thanks: 0 Thanked 18 Times in 18 Posts iTrader: (0)	Guys Honda have got an airfield full of unsold cars and have had to cease production so do you not think that dealers will not have prices lowered and more margin to discount? If drive the deal can manage a discount of £4000 then a dealer should also be able to its just a case of finding them so shop around.

6th January 2009, 21:19	#11 (permalink)
TheBiGW Join Date: 23rd December 2008 Location: UK Posts: 7 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	I guess it depends how badly you want a new car. I got a mint 57 plate ES for 9500, so if you're happy with that kind of depreciation on a new car then go for it. 1400 or 4000 discount you're still looking at a serious loss a short time from now if you go for a new one.

6th January 2009, 22:28	#13 (permalink)
nellz_bassettshonda Bassetts Honda Join Date: 25th February 2007 Location: Bridgend , South Wales Posts: 452 Thanks: 54 Thanked 10 Times in 10 Posts iTrader: (0)	Telling me Dan. I have lost 3 deals this week due to lack of availaliblity on New 08 Civics. There are few 08's left now especially in SE spec. Plus dealers wont transfer their stock just in case they have any enquiries.

6th January 2009, 22:38	#15 (permalink)
NickS Supporter Car: 2009 2.2 EX 5 door Join Date: 20th December 2008 Location: Cirencester, UK Posts: 321 Thanks: 26 Thanked 16 Times in 16 Posts iTrader: (0)	I thought that dealers were now getting £3000 "support" on 2008 models, in addition to any usual margins, which might explain how brokers can offer £4k off. NickS

7th January 2009, 14:44	#16 (permalink)
Cedric94 Supporter Join Date: 28th January 2008 Location: Paris, France Posts: 132 Thanks: 10 Thanked 0 Times in 0 Posts iTrader: (0)	My French Dealer offered me 10% on a 2008 1.8 EX Ishift 3 weeks ago, before I even open the mouth. I have to manage to find time to go back to him to see the price now that we are in 2009... The funny thing is that in Germany (Honda northern europe) you can order already 2009 models, and in France (Honda southern europe) you can't, it seems they have decided to sold all 2008 cars before starting the 2009 sells.

7th January 2009, 15:21	#17 (permalink)
Jack The Lad. Supporter Join Date: 28th August 2007 Location: ENGLAND Posts: 2,415 Thanks: 15 Thanked 50 Times in 50 Posts iTrader: (0)	On the BBC tv 1pm news. They had a few minutes worth of the new cars sales figures. There was a Honda Dealer in Scotland, offering the Hybrid at £2000 off.

7th January 2009, 15:58	#18 (permalink)
Christof Join Date: 31st August 2008 Location: Shropshire Posts: 82 Thanks: 0 Thanked 2 Times in 2 Posts iTrader: (0)	Just spend a bit of time and shop around and dont be affraid to walk away if you are not sure you are getting the best deal. If drive the deal are offering £4000 off new civics then that has to be the starting point for you.

7th January 2009, 16:21	#19 (permalink)
Honcho Supporter Join Date: 5th October 2006 Posts: 521 Thanks: 0 Thanked 7 Times in 7 Posts iTrader: (0)	Companies like DrivetheDeal only get their cars from main dealers. So clearly, some dealers take the gamble of supplying them in the hope of making a lot of sales they wouldn't have made before. Obviously, they earn next to nothing on them. But since this trade continues, the law of the market must mean they make enough. Nevertheless, as so many others have said, just don't buy new.

7th January 2009, 16:43	#20 (permalink)
kingofthehill Join Date: 9th December 2008 Location: Bristol, UK Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	There are cars cluttering the airfileds in Swindon. My nephew has just got a 6 months contract to move the cars to other storage areas