Hi Fit Forum-ers,

We are hoping to buy a fit soon (this weekend?) and here's our best offer:

FIT 2015 LX CVT:
Price: 16, 784
Sales tax: 1025.04
Tags: 287.00
Docs fee: 300.00
OTD: 18,396.04

We will have other financing in place, but hope to use the dealer 0.9% rate, along with the $500 new college graduate rebate, making our total: 17,896.04.

Should we go for it?

 

Try to haggle the docs fees off (or at least down to $100) and your good to go. The dealership will be making money. Good luck and post a pic!!!

 

If you are a member of Costco or SAMs club use the auto buying discount and you can knock off another 350

 

I think your location will affect prices. My OTD price was just around your amount at 18.4k'sh without any rebates in the bay area, but your doc fee sounds quite high - I believe CA has a cap on doc fees around $100 or less.

 

Unfortunately, that is the Costco price

 

Ours caps at $300, unfortunately. The other state caps at $500! Consumer reports says anything over 100 should be questioned.

 

I'll post this on the "What you paid" thread, but here's where we finally landed, non-Costco price:

Honda 2015 LX CVT:
Car: 16359.43
Doc fee: 300
Sales tax: 999.57
Title & Reg: 205.00
Subtotal Total: 17874.00
College grad discount: -500
Total: 17, 384.00

 

We did our own Tax/Title/License. When I told the finance/paper-work guy we wanted to do that he said, "Well, you will save $200."

 

Super Congrats on the good score!!! Looks like you and the husband are going to enjoy a new family member.

Now its time to post pics!!!

 

A new college grad might not have the credit score to qualify for the 0.9% rate, though the dealer will make it sound like a done deal while they are selling the customer.

There's usually fine print in the contract that allows them to revert the customer to a higher interest rate after Honda Finance denies the teaser rate.

At that point, a credit union will probably have a better rate than the dealer.

 

Thanks, @George. You're absolutely right-- my husband (recent grad) wouldn't have qualified on his own, but together we did.

I had back-up financing too. Always better to be safe!

 

Oooh, that would have been a good idea. Although, avoiding our terrible DMV is worth a pretty penny too!

 

Thanks, @ROTTBOY! We went on a daytrip to a National Park today and had a blast. Here's our newest member, with our furriest member: