Honda Email I received today from BChonda

[d4ve]

#Cash purchase incentive offers available on select 2009 Honda models and will vary from model to model: $1,500 cash purchase incentive available on select 2009 Civic Coupe and select 2009 Civic Sedan models (excluding Civic Hybrid); $2,000 cash purchase incentive available on select 2009 Accord Coupe and select 2009 Accord Sedan models; $3,500 cash purchase incentive available on all 2009 Accord Coupe V6 and all 2009 Accord Sedan V6 models; $4,000 cash purchase incentive available on select 2009 Pilot, select 2009 CR-V and select 2009 Odyssey models; $4,500 cash purchase incentive available on select 2009 Ridgeline models; $7,000 cash purchase incentive available on select 2009 Element models. **Limited time lease rate offer is based on select new 2009 Honda models, available through Honda Financial Services on approved credit. 1.9% lease APR for 48 months valid on new 2009 Civic DX Sedan and Coupe, MT and AT only. *Save $888 offer is valid on purchase, lease or finance agreements for one day only, January 28th, 2009, on select new in-stock 2008 / 2009 Honda models (excludes 2008 / 2009 Honda Fit and Civic Hybrid models) at participating Honda retailers and cannot be extended. Offer subject to change or cancellation without notice. See your Honda retailer for full details. #/**Offers valid from January 7th, 2009 through February 2nd, 2009 at participating Honda retailers. Offers subject to change or cancellation without notice. See your Honda retailer for full details.

[Baillout]

Looks like it is a national offer.

Here is the link from the ontario site.

http://www.hondaontario.com/Default.aspx

[drayog]

Have unbelieveable overstock of Vehicles sitting in the US. Expect prices to really drop in the late spring and summer this year, as well as special purchasing incentives and deals. I would wait.

[JCanton]

I think that, given the state of the auto industry and the economy, that prices should continue to fall. Terrible for them, but good for us, I suppose. http://**************/img/1856/y08m1110mhmd/2.gif

[tonytony2]

I think that, given the state of the auto industry and the economy, that prices should continue to fall. Terrible for them, but good for us, I suppose. http://**************/img/1856/y08m1110mhmd/2.gif

I went to Honda dealer last weekend, there are about 5 people looking at new car, 3 of them were me and my friends.
Went to the used car section, the 2 salespersons, 1 manager and 1 car prep were tossing kiddie basketball to each other... that's how bad it was...

no one is buying. I personally would wait until spring (I need 2nd car); or until they offer 0% financing with more serious cash incentives :)

[tbagg]

I went to Honda dealer last weekend, there are about 5 people looking at new car, 3 of them were me and my friends.
Went to the used car section, the 2 salespersons, 1 manager and 1 car prep were tossing kiddie basketball to each other... that's how bad it was...

no one is buying. I personally would wait until spring (I need 2nd car); or until they offer 0% financing with more serious cash incentives :)


PLUS - the budget comes out tommorow - who knows... maybe they will temporarily get rid of PST or GST on new cars to help the economy.

[deal_or_no_deal]

I think that, given the state of the auto industry and the economy, that prices should continue to fall. Terrible for them, but good for us, I suppose. http://**************/img/1856/y08m1110mhmd/2.gif

We ultimately lose out as well since the resale value of the car will decrease accordingly. I see increases in the cost of parts and technician labor rate at the dealerships.

I would feel jyped paying increasing insurance rates when my car isn't even worth that much...

[Ryu69]

excluding honda fits and civic hybrids. i assume those are the only ones that are selling right now.

[Felks24]

My wife and I went to a Honda dealership last week looking at both the Accord and CR-V.

We were the only ones in the showroom, and there were about 5 salespeople sitting around doing nothing. Not one person approached us. I even made a point of saying 'Hi' to one, and nothing.

Sometimes I wonder if some of these dealerships are really hurting as bad as they say....or maybe they just thought we were tire kickers, nothing more.

[Rocket]

We had that same $888 discount for one day only last Saturday, Jan 24th, in Winnipeg. I bought a 2008 Element LX (low end model) and got all the discounts!

[Damed]

Honda is shutting down almost all their production for Feb and March due to massive overstock issues.

I know, as I work for a supplier and the bulletin was sent out last week.

[ferkel]

those rebates are a joke. The same rebates a year ago were much much higher.

[bsobaid]

This cash incentive deal looks like a sales tactic to me unless I know the final price for the car.

This summer I was looking for an Accord. There were a few dealerships with $1500 or even $2000 cash back but the final price across all dealerships was always the same.

I went to a dealdership at dundas and Hwy 10 and they had a $1000 or $1500cash back deal on new accords. I went to another dealership at glenrin and dundas and they DID NOT have any such deals, but the final price on road on both dealderships was the same.

[prof_frink]

PLUS - the budget comes out tommorow - who knows... maybe they will temporarily get rid of PST or GST on new cars to help the economy.

yeah ok... that's likely.

[mxz600]

why hasn't an administrator merged this with the existing Honda Rebate thread?????? Now I gotta read two threads, annoying!

[canadian gal]

considering the state of the economy, prices of cars should be far lower than they are...

[pham12h]

why hasn't an administrator merged this with the existing Honda Rebate thread?????? Now I gotta read two threads, annoying!

some cheese to go with ur whine?