Can Honda Dealers Price Match? (Let’s Find Out)
Daily, people purchase cars from dealerships. You often discover that the price of a particular vehicle may range from place to place.
The reason is that various Honda dealerships have their MSRP. If a nearby dealer offers you a far higher price than the offer at another dealership, you may wonder what to do about it.
If you’ve heard of a price match guarantee, this is where you’ll begin to wonder if Honda dealers price match.
Yes, Honda dealers have a price match guarantee that works according to each dealer’s policy. Various policies have varying time frames for the price guarantee. The dealer will honor the price match if the buyer can present the lesser MSRP discount offer to the dealer in writing.
Do Car Dealerships Still Negotiate?
There is no singular answer to the question of whether car dealerships negotiate prices. The answer to this is twofold- yes and no.
Some car dealers are open to negotiation, while others pursue a no-haggle policy. Therefore, your ability to negotiate depends on the dealership you visit.
The saga of the COVID 19 pandemic brought many changes, one of which is the no-haggle policy in the automobile industry. You may also learn that Can Honda Dealers Transfer Cars?
The no-haggle policy covers the price of the car and all extra fees, including doorstep delivery.
Some people believe that this policy is favorable to both parties. They feel that it saves the buyer the stress of bargaining and pick-up while giving the dealer easy access to profit.
However, even with this no-haggle policy, the price of the exact vehicle may range from one dealership to another.
Therefore, do this to ensure you’re getting an excellent price of a vehicle or its service parts specials and not being ripped.
Visit Your Auto Advocate to see a full market price report of various vehicle models and make.
You can also check for other dealerships with the same car nearby and their prices.
Despite this, there are car dealerships where you can negotiate. Negotiation can help one save a few extra bucks. Who doesn’t love extra dollars?
So, if you don’t have some extra fancy cash to throw around, I recommend you stay away from dealerships following the no-haggle policy.
Can You Negotiate With Honda Dealers?
Of course, you can negotiate with Honda dealers; Honda doesn’t abide by the no-haggle policy.
Feel free to visit multiple Honda dealerships and bargain for a specific car if you have the time.
Be sure to let each dealer know that you’re shopping around and will opt for the best price.
In the end, you can patronize the dealership whose salesmen are willing to give you a more considerable discount.
If you plan on negotiating with a Honda dealer, I advise that you already know how much you’re willing to pay for the vehicle.
Like I stated earlier, shop around, prices may differ at various dealers due to different factors.
For example, some dealers who work with the bonus system may be willing to sell at a little more than their purchase price.
Yes, their profit will be low, but the manufacturer will credit their account for each vehicle sold when they make large sales.
Because of this, there are willing to come down in price to heighten the number of sales made.
Rather than physically visiting each dealership, you can negotiate via email to ease the process.
You should also ask to view Honda’s details.
You can even take the intended car out for a test drive before commencing negotiation upon a physical visit. If you plan on negotiating, you’d need these tips.
Firstly, try to find out the invoice price and the Manufacturer Suggested Retail Price (MSRP).
The difference between the two is this. The invoice refers to the dealer’s price from the manufacturer’s quote.
The Manufacturer’s Suggested Retail Price, on the other hand, is the amount the salesperson wants you to pay.
Secondly, buy from a metropolis with many Honda dealers. Negotiate via email, stating a price a little above the invoice price.
Be ready to haggle and inquire about trade-ins and incentives.
Your aim should be to drag the MSRP as close as possible to the invoice cost. Visit the dealership and speak to the Honda sales manager.
Show them the lowest price offer you got for the car online and begin final negotiations. Ask if they can beat the price reduction.
Not all managers will agree to lower the cost, so you should reach out to multiple.
You can then shop for the lowest deal, finalize, make payment and settle all paperwork. If you’re in for a freebie, offer to buy service parts specials from them or get an extended warranty.
Then ask for a couple of free oil changes. Most dealers will agree, and you can walk out with fulfillment.
How Much Will Your Car Salesman Come Down in Price?
Having established that you can negotiate for Honda vehicles at their dealerships, the next question becomes how much price decrease you expect.
Most dealers will be willing to give a reduction within the price margin. I.e., the amount you get by deducting the invoice price from the MSRP.
Others may be willing to go as low as the actual invoice price, while some may even afford to sell below the invoice price.
However, this is often in cases where the dealer receives incentives from the manufacturer. Note that incentives do not apply to all cars.
Therefore, you may get a Honda Civic sport below the invoice price as it is a popular vehicle. But, this bargain is almost impossible for a Honda Civic Type R, which is rare.
The nature of the car you desire will determine how low the pricing bar can go. You may read more to know about the price plan of the Ford150.
Conclusion
If you’re considering getting a new car and Honda is on your mind, you’re on the right track. Honda vehicles are durable, reliable, and negotiable.
You just need to know how to go about it to get a favorable deal. You higher even be lucky enough to get additional freebies.
You can drive out with a brand new Honda at a low price and enjoy the ride.
