Experience with mycar.com and new 2004 Accord
 

I hope this isn't too off topic, but I just bought a new 2004 Honda
Accord EX/V6 without navigation. Anyway, I thought I might share this
with the group, since it was one of the most pleasant car buying
experiences I've ever had and found some interesting info someone
might benefit from.

MSRP was $26400. First dealer I went to here in Louisville (Kentucky)
agreed to lower the price to $26000, not including taxes, handling or
registration. But, I was just going to test drive and wasnt prepared
for negotiating.

So poked around on the Internet, read through google usenet posts,
etc. One guy mentioned mycar.com, which is a fee-based site that
sends out bids to 10 or so dealers and lets them bid against each
other. It was $19.95, so after finding one or two people who had
positive experiences, I tried it. Worst case, I just threw away $20,
but thought I'd give it a whirl.

Only 3 of the 10 dealers bid, but one of them in Lexington KY, about
75 miles away, bid down to $800 below invoice. With destination fee
added in (before taxes), it came to $23500.00 or so. Called the
dealer and they said they would indeed honor it, so next day I drove
to Lexington and sure enough, bought it at that price.

I'm not affiliated with mycar.com in ANY way, and don't necessarily
know how big a company they are or how well others have fared with
the service, but I do know that it worked well for me.

--
Chris B.
furrier@iglou.com

Re: Experience with mycar.com and new 2004 Accord
 

On 28 Jun 2004 22:29:16 -0400, furrier@iglou.com (Chris Bradley) wrote:

>I hope this isn't too off topic, but I just bought a new 2004 Honda
>Accord EX/V6 without navigation. Anyway, I thought I might share this
>with the group, since it was one of the most pleasant car buying
>experiences I've ever had and found some interesting info someone
>might benefit from.
>
>MSRP was $26400. First dealer I went to here in Louisville (Kentucky)
>agreed to lower the price to $26000, not including taxes, handling or
>registration. But, I was just going to test drive and wasnt prepared
>for negotiating.
>
>So poked around on the Internet, read through google usenet posts,
>etc. One guy mentioned mycar.com, which is a fee-based site that
>sends out bids to 10 or so dealers and lets them bid against each
>other. It was $19.95, so after finding one or two people who had
>positive experiences, I tried it. Worst case, I just threw away $20,
>but thought I'd give it a whirl.
>
>Only 3 of the 10 dealers bid, but one of them in Lexington KY, about
>75 miles away, bid down to $800 below invoice. With destination fee
>added in (before taxes), it came to $23500.00 or so. Called the
>dealer and they said they would indeed honor it, so next day I drove
>to Lexington and sure enough, bought it at that price.
>
>I'm not affiliated with mycar.com in ANY way, and don't necessarily
>know how big a company they are or how well others have fared with
>the service, but I do know that it worked well for me.

Thanks for the info, Chris. Not at all off topic, IMO. A couple of years
ago, I helped my son buy a car through CarsDirect.com (he's computer
illiterate!) and had a very pleasant experience there, as well.

I'll be buying a 2005 vehicle to replace my 7-year old pickup and will
definitely be doing it through one of the online services...after doing my
homework, of course.
--
<<<SgtRich>>>
Chicago, Illinois, USA

Re: Experience with mycar.com and new 2004 Accord
 

>just bought a new 2004 Honda Accord EX/V6 without navigation...
>One guy mentioned mycar.com, which is a fee-based site that
>sends out bids to 10 or so dealers and lets them bid against each
>other. It was $19.95, so after finding one or two people who had
>positive experiences, I tried it. Worst case, I just threw away $20,
>but thought I'd give it a whirl....With destination fee
>added in (before taxes), it came to $23500.00 or so>

We purchased a new 2004 Honda Accord EX V6 Auto with Navigation with 36
month Financing at 1.9% with 0 down (no trade-in). for $25,841.21 + taxes
and title. Used Edmunds, Kelly Blue Book, and some other free pricing quote
info I found on the internet to get a local dealer in Cincinnati to match
pricing. I did ask for a free cargo tray and got it. You did excellent!!!!
May I ask if you financed and what interest rate you pay? DonnaB

Re: Experience with mycar.com and new 2004 Accord
 

On 28 Jun 2004 22:29:16 -0400, furrier@iglou.com (Chris Bradley)
wrote:
>Only 3 of the 10 dealers bid, but one of them in Lexington KY, about
>75 miles away, bid down to $800 below invoice. With destination fee
>added in (before taxes), it came to $23500.00 or so. Called the
>dealer and they said they would indeed honor it, so next day I drove
>to Lexington and sure enough, bought it at that price.

Sounds like an excellent price. Did you also finance it through the
dealer, or just pay cash money, or what?

It pays to shop around, no doubt.

J.