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Honda Accord Plug-in dealer markup


rprobst

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My local Honda dealer just got in their first Accord Plug-in. MSRP is $40,570, but the dealer has added $7,500 to that, for a grand total of $48,070. The GM said with Facebook just up the road one direction, and Google down the road the other direction, there are probably people who won't mind the markup.

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No, definitely not. This is pure dealer markup. The GM said that Honda told him he would get exactly 2 Accord Plug-ins for 2013, so he is not trying to move this car quickly. He wants to see if a buyer will show up who doesn't care about an extra $7500 -- and in this neighborhood, that's not unlikely. I have been seeing a lot of Teslas lately.

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Also, there are no options on the Accord Plug-in. It comes one way. Moonroof, adaptive cruise, parking assist, leather seats are not offered. But otherwise matches a fully-loaded Fusion Energi: voice-driven navigation, lane-keeping, blind-spot, dual climate, etc.

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No, definitely not. This is pure dealer markup. The GM said that Honda told him he would get exactly 2 Accord Plug-ins for 2013, so he is not trying to move this car quickly. He wants to see if a buyer will show up who doesn't care about an extra $7500 -- and in this neighborhood, that's not unlikely. I have been seeing a lot of Teslas lately.

 

Let us know how this one turns out for the dealer...I have a hard time believing that he'll be able to get mark-up.

 

A Tesla competes in a completely different market than the Accord Plug-in. Just because people will pay for a Tesla doesn't meant that they will pay more for an Accord Plug-in that looks a lot like a garden-variety Accord, let alone another $7,500 on top of that.

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Well, Silicon Valley is sort of electric-car crazy. Not that there's anything wrong with that; I'm electric-car crazy myself...

 

But I think the GM is just going to see what the market will bear, and will drop the markup if nobody bites soon. He hinted that I should check back later.

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My salesman said he once sold a Shelby GT500 when they were hard to get. Some rich guy in New York wanted one but dealers in New York had none available. So they ordered him a GT500 over the phone and had it shipped directly to New York - they never saw the vehicle. But they did get a $20K ADM. Salesman said he only got a $300 commission on the sale!

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