As I had mentioned in a previous blog we have been in the market for a toad. After we test drove one of the Honda CRV’s at a local dealer we pretty much knew this was the car we wanted. We had contacted dealers and inquired on the internet about the Honda CRV and got bids from four car dealers.
We had asked each of them for their best written “drive out” offer We also told them what we were expecting to pay based upon our research. As I mentioned before the costs from our research stated that the average paid price was about $24,791 (before ttl). Further research suggested that these cars were highly demanded thus I didn’t expect much of a discount like I had experience on other cars I had bought on the internet before.
So the four bids from the Honda dealers ranged from 26,265 to 26,430… wow not much difference at all and this really surprised me. Not much of an incentive to drive the 100 miles to Houston to save a couple hundred dollars. However, one Houston dealer had an additional incentive of a $500 gift card to Academy (which could come in handy in our future lives :) ). So I sent emails to each vendor except the lowest priced one. I told them each where they were in this “bidding war” and asked if they wanted to make a better offer since they were still in consideration. Not much changed after this round of emails but after notifying our local dealer that we were going to go to Houston to make our purchase he submitted a new offer about $700 lower… so can you say SOLD!!!!!
We now own a new Honda CRV EX all wheel drive. The dealer brought the price down to 24,000 making the total drive out about 25,700 and we didn’t have to make the trek to Houston. The CRV is hiding out in our garage until we sell our 2007 Toyota Camry.
One more thing off the list…