I’m really confused as to what you’re trying to say here.
Msrp adds $800? What do you mean
I’m really confused as to what you’re trying to say here.
Msrp adds $800? What do you mean
Dima stated that
“Dealer installed options where left out from the quote.”
Looking around local Honda dealers, Honda does not do options but saw a few Honda’s with Nitrogen Tires, LED fog lights, etc. To estimate the “true” MSRP I added about $800 in Dealer-Addons. Then used the “new” MSRP to calculate % off MSRP.
The actual MSRP is posted at $29025 though, so we should be using that.
Based on the actual bumped up price, it looks like the hidden accessories we’re about $600 worth, so if we take the discount of $4992 and back out $1000 in conquest and $600 in dealer profit, this looks like about $3400 off, or 11.5-12%
Now, that assumes this is at buy rate and not a marked up rate that’s not offsetting the discount.
So 12% discount, which is in line with other discount seen on here. Thank You for walking me through the calculations.