Car buying service, any good?

I’m going to buy a Honda civic DX coupe soon.  The best price I can get
for it (with AC) is 12,850 in my area.  I’ve heard you can get a pretty
good deal through a car buying service with a nominal fee.  Just wondering
anybody has experience with this kind of service.  Any info and suggestion
will be appreciated.

Ronnie

One Response to “Car buying service, any good?”

  1. admin says:

    Ronnie Yuan (CRY…@psuvm.psu.edu) wrote:

    : I’m going to buy a Honda civic DX coupe soon.  The best price I can get
    : for it (with AC) is 12,850 in my area.  I’ve heard you can get a pretty
    : good deal through a car buying service with a nominal fee.  Just wondering
    : anybody has experience with this kind of service.  Any info and suggestion
    : will be appreciated.

    Two dealers in Philadelphia were advertising the Civic DX coupe
    (with 5-speed, air, AM/FM/Cassette) for $12500 about a month or
    so ago, and that was before Honda started running the "year-end
    clearance sale" ads on network TV.  The Sunday Philly Inquirer
    usually carries some Honda ads with prices — not terribly good
    prices, but better than you’ve gotten so far.

    Early this year, the dealer invoice (incl. destination charges)
    was $9999;  adding about $700 for A/C and $300 markup gives an
    estimated "very good street-price" of just about $11k.  Although
    the $300 markup is a little low for a Civic, I’d *guess* Honda’s
    supplying around $500 in "hidden rebates" as part of the "sale".

    BTW, the $9999 invoice corresponded to a list price of $11570;
    if the *OFFICIAL FACTORY STICKER* shows a higher price, you’ll
    have to adjust the above prices to compensate for the increase.
    As a reasonable guesstimate: invoice = 86% of factory_sticker;
    but, do NOT pay more than $700 for the A/C — even though the
    *dealer-scum* is probably asking anywhere from $1100 to $1500.

    For a *free* car-buying service, call Keystone AAA if you’re
    a member — or find a friend to do it for you if you’re not.
    (Sometimes their prices are *great* — sometimes they suck.)

    Also check-out the following "how-to-buy-a-new-car" book for
    some good info on other buying/pricing services — and some
    *vital* info on "how to play the game".

       "In The Drivers Seat"  by W. James Bragg
        Copyright 1993 by Fighting Chance
        Random House, N.Y.
        ISBN: 0-679-74633-1 (pbk.)
        $12.00 US / $16.00 CDN

    happy haggling,  …GO LIONS!

    Mark

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