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Brick, New Jersey Honda Car Dealers

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Below Invoice
by cpryan on Tue Dec 23 16:35:48 PST 2008
I have been trying to convince several Honda dealerships in NJ to sell me a base model '09 Fit for $10,000 dollars cash. They all think I'm being absurd. Here's what I tell them to convince them that my offer is in fact very reasonable. If you've been following the NYTimes (or any other major newspaper in this country) for the last few days, you know that all of the major car companies (all of them) just crashed into a brick wall. That wall is comprised of insanely overspent American consumers who can longer use their homes as ATM's to buy cars with, whose investment portfolios (assuming they had one) just got cut in half, who most likely owe their mortgage lenders more then their home is worth, whose job may or may not exist in a few months, and who have probably just been told by their credit card company that their credit limit is being drastically reduced. And that would describe someone in a good situation. To top it all off, the Yen will only continue to gain on the dollar as the Fed has made clear that it intends to flood the market with green backs to encourage interbank lending which is supposed to eventually help consumers somehow(?). Ergo, the Japanese companies need to sell these cars quickly to reap the greatest return. There is not a single piece of good news in this market for anyone trying to sell something like a new car, i.e. a very expensive item with a long life. The party is truly over. The house is on fire. And, it is almost certain to burn to the ground. If, over the last few years, you have been saving diligently, living within your means, and looking forward to the day that you had the SAVINGS (not credit) to make a large purchase, i.e. a car, this market is so insanely ripe for huge discounts it isn't even funny. Sadly, the dealers have not yet accepted this. They are clinging to the past, pathetically so. The dealers will be forced, eventually, to offer huge discounts or accept that they will not sell cars. Honda and Toyota are going to be forced to instruct their dealers to make these deals until the cars stop piling up at U.S. ports. It is all inevitable. Ah, the free market! Gotta love it when it works for you. Hold out for a BIG discount. Think way beyond invoice. It's only a matter of time.
Re: Anybody finding good deals on 05 ODY EXL R&N in Central Florida ? [foolama]
by momto4 on Sun Feb 13 12:11:27 PST 2005
looking for a good deal on the EX with Leather and DVD in Jersey,Phila, NY area?
Re: 05 EX Leather, RES & NAV is $31,880 a good deal? [mikeh1]
by momto4 on Sun Feb 13 11:04:02 PST 2005
I am looking to buy a EX With Leather and DVD in the New Jersey area. I would be willing to travel to Pa. or NY to get a good deal. The Dealers in NJ, do not seem to willing to negotiate. Anyone know any good dealers in these areas? What would a fair price be? Do they ever offer any incentives on these vans? Any advise would be helpful thanks

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