Looking to buy Acura 3.2TL Type-S, any bargaining tips? Read on...

Lore

Diamond Member
Oct 24, 1999
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Hey all:

So I'm in the market for a new car, specifically the Acura 3.2TL Type S. I've test driven one and was very impressed with its power and balance between sports handling and its luxury "Japanese" ride, and am considering the car both with and without the navigation system.

I've submitted several Internet price quote requests to various dealers in the area and I'm getting responses that are similar: they will sell any TL this weekend for invoice.

Now, I know that some people are able to negotiate for prices below invoice because some manufacturers offer kickbacks and what not to the dealer, but when and how do you know if this is appropriate for the particular car you're looking for?

Can you still negotiate if they straight up want to sell it to you at invoice? If so, how? On what grounds do you justify your "lower" price?

The TL is an unique car in that most of the features are standard, so the only real "upgrade" you can get is the navigation system. So through negotation I couldn't even really ask for a sunroof or better sound or anything like that because it's already built into the price.

Any help from car experts would be much appreciated.

Thanks!
 

NFS4

No Lifer
Oct 9, 1999
72,636
47
91
(1) All of you people who will try to get him into a 3-Series, G35, A4, etc...BUZZ OFF!!

(2) Have you tried doing some Edmunds TMV pricing on a TL?
 

Lore

Diamond Member
Oct 24, 1999
3,624
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Originally posted by: NFS4
(1) All of you people try to get him into a 3-Series, G35, A4, etc...BUZZ OFF!!

(2) Have you tried doing some Edmunds TMV pricing on a TL?

I've test driven the 3 series (and it was, for a long long time, the car I really wanted) and am not as impressed with it as I am with the TL. My friend has a new A4 and I am also not thrilled about that car... so I've done my research with that. :) I'm primarily looking for a "sporty" sedan that rides somewhere between a regular Japanese car and the stiffer European sports suspension. The A4 and 3 Series is a little too much on the stiff side for me. They're also tiny cars for the money.

But yes, I did some Edmunds TMV pricing but they are higher than what the dealer is currently offering (out the door invoice).
 

Lore

Diamond Member
Oct 24, 1999
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Originally posted by: Dacalo
good luck, these are in high demand and are luxery cars...

Surprisingly all the dealerships I've contacted have this in stock, and in the model I want. ;) I haven't gotten so far as to request a particular color, but I know which color I want.

(mmm... dark silver)
 

NFS4

No Lifer
Oct 9, 1999
72,636
47
91
Originally posted by: Lore
Originally posted by: NFS4
(1) All of you people try to get him into a 3-Series, G35, A4, etc...BUZZ OFF!!

(2) Have you tried doing some Edmunds TMV pricing on a TL?

I've test driven the 3 series (and it was, for a long long time, the car I really wanted) and am not as impressed with it as I am with the TL. My friend has a new A4 and I am also not thrilled about that car... so I've done my research with that. :) I'm primarily looking for a "sporty" sedan that rides somewhere between a regular Japanese car and the stiffer European sports suspension. The A4 and 3 Series is a little too much on the stiff side for me. They're also tiny cars for the money.

But yes, I did some Edmunds TMV pricing but they are higher than what the dealer is currently offering (out the door invoice).

A lot of these "luxury" dealerships are just used to people paying invoice or over for cars. They don't go for the "below" the invoice stuff. The best thing you can do is go to a couple of dealerships in person and talk with the sales manager or start performing "favors"...j/k:p
 

RossMAN

Grand Nagus
Feb 24, 2000
78,942
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I should test drive an Acura TL - S.

I could probably get one with NAV for around $32k (pulling numbers out of my arse).
 

sohdahere

Senior member
Dec 30, 2002
626
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Great choice! my dream car...
good luck on bargaining, especially since they're in high demand..
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
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Making a profit is not a crime. If you get within 2% of invoice without any rebates or special incentives, then you have done very well.

Is a hundred bucks worth having a bitter relationship with the guy who's going to be taking care of your car for the next 3-5 years?

 

RossMAN

Grand Nagus
Feb 24, 2000
78,942
403
136
Wow I just checked our loss leaders and found a BRAND NEW 2003 Acura TL type S with NAV for $31,500 out the door plus $113 TTL. Already includes $495 destination.

Tips:
1) Read CarBuyingTips.com.
2) Read and print Edmunds.com, take it with you to the dealership.
3) Use Acura dealerships pricing against each other.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,942
403
136
I was checking out the Acura TL's competition and noticed that the Infiniti G35 has 1% dealer holdback and a better 4/60 warranty.

What exactly is 1% dealer holdback?
 

Lore

Diamond Member
Oct 24, 1999
3,624
1
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Originally posted by: RossMAN
Wow I just checked our loss leaders and found a BRAND NEW 2003 Acura TL type S with NAV for $31,500 out the door plus $113 TTL. Already includes $495 destination.

Tips:
1) Read CarBuyingTips.com.
2) Read and print Edmunds.com, take it with you to the dealership.
3) Use Acura dealerships pricing against each other.

Yep, that's about the price that I've been quoted.

Oh, in response to vi_edit: I have nothing against paying invoice for the car, I'm just wondering how certain people are able to achieve below-invoice pricing on their cars, and if that was possible for all cars. It's hard to tell what the exact cost of the car to the dealership is, so I just wanted to make sure I couldn't do better.

This mentality is partially courtesy of our Hot Deals forum :)
 

Lore

Diamond Member
Oct 24, 1999
3,624
1
76
Originally posted by: RossMAN
I was checking out the Acura TL's competition and noticed that the Infiniti G35 has 1% dealer holdback and a better 4/60 warranty.

What exactly is 1% dealer holdback?

Maybe the dealer gets 1% of invoice with every sale?

Oh, speaking of which -- the dealerships have got to be making SOME money, right? So if they sell at invoice, how are they making any money unless the manufacturer is giving them something for selling it? How does one research that?

 

RossMAN

Grand Nagus
Feb 24, 2000
78,942
403
136
I think only that dealership knows the TRUE price they paid (invoice), dealer markup, etc.

So unless you get a job there or know someone on the inside, I doubt you'll find the TRUE numbers.

If you can get it for $32k out the door I'd be happy.
 

Lore

Diamond Member
Oct 24, 1999
3,624
1
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Just got a response to a question I sent to the dealer:


If you are looking for the TL - Type S its on sale for $29,052 or Type S with Navigation is $31010. This is the invoice price and includes destination the only thing left is tax, lic and doc fees. This price does not include any accessories you were asking about but if working through our internet department we can give you a great discount on them.

I was asking about whether the price includes accessories like car mats, etc. They're giving us exact invoice!

Also, with regards to financing, at 2.9%, how much down should we put? (say, 48 or 60 month term)


 

RossMAN

Grand Nagus
Feb 24, 2000
78,942
403
136
Go for whichever term you qualify for, remember you can always refinance later.

Although I doubt you can refinance for LOWER than 2.9%, so I'd choose 60 months.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
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Well, unless you have a chance to look over the financial books you'll never really know how much a dealer really makes on a car. My philosphy on a new car is to shoot for 2% over invoice (which is fair to me, and fair to them IMHO), and then take off any incentives or rebates that may apply.

Outside of some very rare loss leaders, or maybe on cars that just flat out sell like crap, the only way you are going to *EASILY* get below invoice is with incentives of some sort. Sure, you can shout, cuss, holler, and spend 8 hours trying to save $100 but that's your choice. You are going to walk out of there hating the dealer, and the dealer is going to black list you as well.

I don't like dealing that way. I don't find it fun, I don't find it relaxing, and I certainly don't feel victorious for negotiating for 8 hours for a few bucks.

You got invoice price on a fairly hot car without any sort of manufacturer rebates. Now just buy from the dealer/salesman you feel most comfortable working.
 

Kelvrick

Lifer
Feb 14, 2001
18,422
5
81
My mom got a 2003 Tl-S w/o navigation for... 28k with some change out the door. Dunno how she did it. I think its because my brother bought his 2k or 2k1 TL there, and his wife bought her 97-98 CL there. Oh well. I just know she always uses the, "don't drive all the way down here in your car, fly and you can borrow my car when you need to go somewhere," excuse a lot, but ends up not letting me drive and telling me to ask my sister-in-law to borrow her CL.
 

Lore

Diamond Member
Oct 24, 1999
3,624
1
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Originally posted by: Kelvrick
My mom got a 2003 Tl-S w/o navigation for... 28k with some change out the door. Dunno how she did it. I think its because my brother bought his 2k or 2k1 TL there, and his wife bought her 97-98 CL there. Oh well. I just know she always uses the, "don't drive all the way down here in your car, fly and you can borrow my car when you need to go somewhere," excuse a lot, but ends up not letting me drive and telling me to ask my sister-in-law to borrow her CL.

What dealership was this?

And how recently was this? Was the car financed? Any details you can provide would be nice -- if I can get a quote from them then some of the dealers up here might match the price. :)
 

Kevin

Diamond Member
Jan 1, 2002
3,995
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They are redesigning the TL for 2004. Is you can wait, you should be able to get a decent deal on a 2003.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,393
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the new TL is coming out, i'm guessing a factory to dealer rebate is out, and thats why they're all selling at invoice right now. acura dealers will usually do anything to keep their average selling price up

the acuras come with mats

if you are financing at the dealer be sure to bring a financial calculator with you and run their numbers to keep them honest. they will pad the payment if you let them.

and you should put down 20% if you're not getting gap insurance. the more you put down, the better, especially on a 5 year loan, because 5 years you pay like 2x the interest of a 4 year
 

LiQiCE

Golden Member
Oct 9, 1999
1,911
0
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Do you want NAVI or not? I highly recommend the NAVI if you drive around places where you're not familiar. It has been invaluable to me in more ways than I can count.

Here's what I did when I bought my 2003 TL-S last July.

First, I testdrove the car at the closest dealer to my house. Since I was sold on the car (I liked driving it a lot). Got the name of my salesperson and told him that I already had price quotes from the Internet that were very good. Asked him if he could pricematch. He guarenteed me that he would match any price of any dealer in the area... Told him that I'd be back in 2 weeks, and was very strong about saying I could not buy the car that day.

Went home, and emailed every single dealer in the area (in the DC Metro area there are 5 dealers within 30-40 miles). I told them that I already had contacted all of the other dealers in the area and that they needed to provide me with the best price possible for 1) The car in *any* color (at that point I was looking for no NAVI so all quotes were w/o NAVI), 2) OEM Spoiler, 3) Moonroof visor. I asked for all quotes separetly.

I took the best quotes for options and the best quotes for the car and put them all together. I brought them to the closest dealer and told him here was the best prices I had gotten. He immediately price matched them no questions asked. The price quoted I got last year for a non-NAVI TL-S was $29,900 plus tax and tags. The price on a 2003 TL-S should be a lot lower now that the 2004 TL is right around the corner.

In the end, I decided I wanted a different color than they had on the lot and I needed the car that day, so I bought a Nighthawk Black Pearl TL-S with Parchment interior, and NAVI. The car with OEM Spoiler, Wheel locks, and moonroof visor costed $32,000 plus tax and tags.

If your dealer isn't willing to pricematch or move on prices then SWITCH dealers or head right for the General Manager of the dealership (or goto a different dealership). My friend wanted to buy an RSX Type-S a few weeks ago and the dealer we talked to refused to lower the price down to what we were quoted on the Internet (basically invoice price), unless we bought a 4 year, 50,000 mile "full maintenance" warranty. The warranty only included oil changes and tire rotations above and beyond the standard 4 year, 50,000 mile warranty and costed something like an extra $1500 ... that was BS. So I called the dealer I had bought the TL-S from, and he matched the Internet price without any hassle.

As far as I can tell right now, there are no Corporate promotions for the TL-S. Last month there was a $1000 Factory rebate that you could have used to your advantage. If you can wait, I'm sure the rebates will come back because of the re-designed 2004 being released in September.
*** Edit : I just double checked and it looks like they have 2.9% Financing for 60 months as their current promotion. Depending on how much you're financing this could be better or worse than a $1000 Factory incentive rebate, assuming you quality for 2.9%

If you want to argue for a lower price, use the 2004 TL as your arguing point. Tell them that this is a discontinued model and that they need to get these cars off of the lot. If sales are really good at the dealership for the TL (the TL has always been a fairly good seller), the dealer may not want to bargain with you... But if you go in towards the end of the month when they need to make quotas, they may end up bargaining with you to get that extra sale in that they need for their monthly sales report.

If you have any questions about the car, feel free to ask me! I would also checkout www.acura-tl.com and www.acura-cl.com ... Both forums offer a world of information about the cars (the CL is the 2-door version of the TL and shares virtually all of the same mechanical parts so a lot of information can be shared between the two). A good FAQ to read about the CL (again 99% of the info is applicable to the TL too) is available here: Acura CL FAQ

BTW- After nearly a year of ownership, I am still in love with my car (as you can probably guess from all of the pics I take of my car - See my Sig).. Glad to hear you're joining our ranks! ;)

Also, this car is not really in "high demand". The TL has been selling slower and slower since the body itself is now 5 years old. The 2002 refresh of the TL and the introduction of the TL Type S has helped sales, but it isn't what I'd call a "hot seller". Everytime I've been to my dealer they always have at least 10-15 TL-S's sitting on the lot in various colors. This isn't anything against the car, hell I own it and love it ... But it isn't something you need to put your name on a waiting list to get.

Lore - I love Anthracite Metallic ... Almost bought my car in that color but decided on the NBP instead! ;)

Oh and for options that don't require too much installation, try www.hondacuraworld.com ... They have REALLY good prices (includes shipping) on almost ALL of the Acura OEM accessories. I went with the spoiler through the dealership because its a PIA to install, but for my all-season floor mats, nose mask, etc etc, I bought them online because they're easy to install even for someone with no mechanical skill what-so-ever like myself.

Dealer holdback = The percentage that the factory will "repay" the dealer for having the car on the lot (like renting space). So if Acura's dealer holdback is 2%, then they are paid 2% of the cost of the car to leave the car on the lot for XX time. If the car is sold the day it arrives on the lot, then the dealer pockets this money.

Oh yeah, NAVI cost to the dealer is $1500 extra (thats THEIR cost). I have dealer cost on some of the other options like Spoiler etc etc. The dealer should also not charge you anything for installation of your options (the install should already be figured into the price of the option). If you need to know any of the dealer cost prices let me know.
 

Lore

Diamond Member
Oct 24, 1999
3,624
1
76
Thank you SO very much for all of your feedback. I'm on my way back to Berkeley right now so as soon as I get back I'll be doing more research below and contacting various dealers for their price quotes.

So, in a way.... BRB :)
 

Kelvrick

Lifer
Feb 14, 2001
18,422
5
81
Originally posted by: Lore
Originally posted by: Kelvrick
My mom got a 2003 Tl-S w/o navigation for... 28k with some change out the door. Dunno how she did it. I think its because my brother bought his 2k or 2k1 TL there, and his wife bought her 97-98 CL there. Oh well. I just know she always uses the, "don't drive all the way down here in your car, fly and you can borrow my car when you need to go somewhere," excuse a lot, but ends up not letting me drive and telling me to ask my sister-in-law to borrow her CL.

What dealership was this?

And how recently was this? Was the car financed? Any details you can provide would be nice -- if I can get a quote from them then some of the dealers up here might match the price. :)

It was Tustin Acura, I think. It was some time in the fall of 2k2. She gave me her 93 camry when I left for college in spring of 2k1 and got a 2000 camry or something. She kept on complaining and stuff about it though, so she ended up getting a brand new Acura (i'm so jealous). It wasn't financed, we paid for it with a check or something. I'm not sure, but I think she got an extended warranty with the car. Aside from that brief stint with the camry and some years when the family just came to the US, she's always driven a new car.

I don't why she bothered wit hthe extended warranty, we live across the street from our mechanic. He's worked on the Camry I drive since we first got it. I call him by first name, and he'd come over and look at it whenever I want. Too bad I live hundreds of miles away now.