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Prices on L's (now that we're in recession)

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Old Mar 20, 2001 | 07:23 AM
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Post Prices on L's (now that we're in recession)

Have the prices of new Ls gotten down to at least MSRP or better. Since the economy has slowed, I hope these prices get realistic (as a former F&I manager I cringe at paying MSRP).
My brother recently bought a Honda S2000 for MSRP. Like the L it had a big premium on it before the slump.
 
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Old Mar 20, 2001 | 10:42 PM
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BTTT
 
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Old Mar 20, 2001 | 10:57 PM
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I actually just went and put money down today to get the next Red L that comes in. They didn't budge on the MSRP, I still have to pay $32,465. But they did take a $1000 off of the $1200 extended warrenty plan.
They were really willing to deal on a 2000 w/ only 2000 miles, but I wasn't interested. But it seems that some of the people who were holding out for a cheaper price, maybe able to find a great deal on a '99 or 2000. The salesman told it to me bluntly. He said "we already made our money on it the first time we sold it."

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Old Mar 21, 2001 | 03:52 AM
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Thanks,
Like you I would want a current model, not a hand me down.
In the past, it seems that Mike Bass Ford in Ohio was willing to "deal"on an L.
 
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Old Mar 21, 2001 | 04:34 AM
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97Tbird
Are you saying that the ext. warr. was going to be $2200? or are you only paying $200 for it?
 
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Old Mar 21, 2001 | 03:57 PM
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I am paying $200. I tried for a half hout to get it free, but they wanted me to pay some part, so I finally said, what the hell, its $200 (even though thats I wanted them to say.) But its a 5 yr, 60,000 mile warranty w/ 0 deductable after 36000, so i figured it was worth $200 and to stop arguing.
 
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Old Mar 21, 2001 | 06:00 PM
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Thanks. It seems like a heck of a deal on the warr. Good job.
 
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Old Mar 21, 2001 | 06:23 PM
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I have been able to sell L's to board members for $500 under MSRP. This may not sound like a good deal but in Calif. it is.

97-T
The dealer cost on your warranty was $810.00. If you paid only $200.00, then the balance also came from you in some way. A dealership does NOT lose $610 to sell something. They got it from you some how.

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