Did my in-laws just get ripped off?

Mazeroth
Mazeroth Posts: 1,585
edited August 2007 in The Clubhouse
They're the nicest people but not the smartest when it comes to getting a good deal on stuff. They just bought a demo 2007 Honda Accord EX V6 loaded without the navigation and without the 17" rim option. It looks to me like it's a $28,000 car on Honda.com with the destination charge. He told me they paid $28,000 with tax and title, so it was probably somewhere along $26,200 before tax and title. I'm thinking $1800 off for 5000 miles on a demo car is absolutely horrible. Kelly Blue Book shows retail price (dealer asking price) at $26,000 on the dot. I'm sure they could have talked them down at least another $2,000 but I'm not sure and that's why I'm asking you guys. I'm almost certain they have a 30 day return policy by law so I'm thinking of calling the dealer up and having a little talk with them because I know my in-laws won't. What I'm thinking they did is just flat-out bought the car without haggling.

Thanks.
Post edited by Mazeroth on

Comments

  • Systems
    Systems Posts: 14,873
    edited August 2007
    $28000 MSRP? They probably didn’t get the best deal. When it comes to Honda, its hard to get good deals because people are buying them. They don’t need to do crazy things like most domestics were doing with interest and deep discounts to sell them. It’s hard to get a deal on a Honda. 5000 miles is hardly a demo car... probably just a term the dealer used to sell it. Even in a Honda you could have taken $2000+ of msrp new and with 5K miles take another 3K to 4K off it.

    I would be happy to pay maybe $24000 for it in the end.

    I have bought 10 new Hondas in my life and their dealers are some of the worst when it comes to scams. Lexus was by far the best.
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  • Polkitup2
    Polkitup2 Posts: 1,623
    edited August 2007
    Did your in-laws ask for your help? I agree that $1800 off for a 5,000 mile demo is bad (that's not a demo, that's a used car) but you're going to tell your in-laws you could have worked a better deal? That may not be a good idea as they would not have bought it had they thought it was a bad deal - or they really don't care.
  • Mike682
    Mike682 Posts: 2,074
    edited August 2007
    A demo car is a car that has not been registered (at least here in new york); Many demo cars are loaner cars to customers getting their cars fixed, dealer employee take-homes, and actual demo cars for possible customers on a test drive.

    Your in-laws should have asked the dealer take a little more off. Its best to get as much info as possible: invoice, etc. You would be surprised at how much you can get off a car when armed with real figures.

    Hopefully there is a 30 day return. If not, most dealers won't budge once the contract is signed.
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  • joeparaski
    joeparaski Posts: 1,865
    edited August 2007
    Leave it alone...don't rain on their parade. They bought the car, they're happy, no need to add some aggravation or make them feel like they don't know how to shop (even if they don't). In other words, don't make them feel bad about their purchase.

    Joe
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  • Mazeroth
    Mazeroth Posts: 1,585
    edited August 2007
    joeparaski wrote: »
    Leave it alone...don't rain on their parade. They bought the car, they're happy, no need to add some aggravation or make them feel like they don't know how to shop (even if they don't). In other words, don't make them feel bad about their purchase.

    Joe

    Even if it means a potential $1000 - $2000 in their pockets? I am known as the king of getting good deals (in my family). I worked in retail for 5 years and love dealing with people to get a cheaper price on something. I know they won't get mad at me for trying.
  • joeparaski
    joeparaski Posts: 1,865
    edited August 2007
    I would say that you should only do that with THEIR consent. They didn't get ripped off, they just didn't get as good a deal as they could have. Getting ripped off is more like getting scammed by someone and actually losing money in the process. They agreed to pay the price for the merchandise they received....that is NOT getting ripped off. Getting ripped off is paying for something and getting less than you paid for.

    Joe
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  • danger boy
    danger boy Posts: 15,722
    edited August 2007
    it was their choice to buy the car.. you wanting to save them some extra $ is a nice gesture and anyone would love to save some money. but this seems like a little to much after the fact. So i'd let it go.. it's their money not yours.

    If the car turns out to be a lemon, then you should help out.. but for now.. let it go.. and go get your own deals.

    Afterall, we all love paying less for stuff and getting good deals. but not all of us are that good at haggling. It's a talent you should be proud of. ;)
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  • MacLeod
    MacLeod Posts: 14,358
    edited August 2007
    They didnt get ripped off but they didnt get a good deal. They payed a fair price for it. They should sleep ok about it.

    Either way, they got a supreme quality car that should give them years of trouble free service. Yeah I own a Honda Accord too! :D
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  • Serendipity
    Serendipity Posts: 6,975
    edited August 2007
    danger boy wrote: »
    it was their choice to buy the car.. you wanting to save them some extra $ is a nice gesture and anyone would love to save some money. but this seems like a little to much after the fact. So i'd let it go.. it's their money not yours.

    If the car turns out to be a lemon, then you should help out.. but for now.. let it go.. and go get your own deals.

    Afterall, we all love paying less for stuff and getting good deals. but not all of us are that good at haggling. It's a talent you should be proud of. ;)

    +1

    I don't think they got ripped off either but they could've gotten a much better deal. Especially since the car has a lot of use for a demo...
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  • wallstreet
    wallstreet Posts: 1,405
    edited August 2007
    Return policy? Fugetaboutit. No such thing unless the dealer has a soft spot. I've yet to meet one that does. I agree with others that said don't rain on their parade. Somehow or another everyone always walks out thinking they got a great deal. I'm not sure how they do it.
  • PolkThug
    PolkThug Posts: 7,532
    edited August 2007
    probably slaughtered them on financing too.
  • shack
    shack Posts: 11,154
    edited August 2007
    Mazeroth wrote: »
    Even if it means a potential $1000 - $2000 in their pockets? I am known as the king of getting good deals (in my family). I worked in retail for 5 years and love dealing with people to get a cheaper price on something. I know they won't get mad at me for trying.

    Yeah...even if. These are adults who went out and made a deal and got a nice car. joeparaski had it exactly right. Leave them alone to enjoy their new car.

    BTW it is a demo no matter how many miles. I helped my mom buy a demo a few years ago that had 10,000 miles on the OD. I had actually driven the car for a few days when I was having some warranty work done on my car at that dealership and needed a loaner.
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  • ND13
    ND13 Posts: 7,601
    edited August 2007
    Demos will have up to 10k miles...depending on dealer policy. If the car they bought is in high demand, which most v6 Accords are, even with the miles, it will not get a huge discount, period.

    Anyway, if they are happy with the deal, then it's a good deal to them. Sounds like they were close to invoice. When I sold Hondas, an invoice deal was unheard of unless it was a last year's model....another rare commodity on a Honda lot. I believe we only had a few and most were Accord wagons and ultra stripped down Civic CXs with no A/C and manual tranny.

    They were far from being ripped off.
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  • madmax
    madmax Posts: 12,434
    edited August 2007
    Let people make their own best deals. Who knows, just due to luck or whatever they may save $1K and end up with a lemon or something. You never know.
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  • jflail2
    jflail2 Posts: 2,868
    edited August 2007
    I have to give another nod to the above sentiments. They got what they felt was a reasonable deal on the car or they wouldn't have bought it. And that's definitely a ride that will last for many, many years if taken care of properly, so they definitely could have done worse.

    And the car lot wouldn't sell it without making money, no matter how good of a deal you think you can haggle them down to (not you specifically, John Q. Public in general.)

    At this point, I don't care what 06 Audi's are selling for online, or ebay or whatever else. I had a friend recommend that I go look in ebay for used Audis after I had completed my purchase to see if I had gotten a good deal or not.

    #1 I would never buy a car off of ebay.

    #2 I don't care what they're going for at this point. I got what I felt was a good deal on a slick ride. If there's 1 better deal out there some where, so be it.

    Just my haypenny's worth anyway.
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