What Is Honda Employee Pricing?

Giving back to the community is something we at Hubler Honda believe is essential to provide Indianapolis drivers with the best possible Honda sales, service, parts, and finance. Because of this, Hubler Honda provides local employees with exclusive discounts. When you purchase a Honda, visit for Honda service, or order authentic Honda components, you are eligible for lower prices if you work at Cummins or Honda Manufacturing. Looking to drive home in the coveted new Honda? Visit our Honda dealership in the Greenwood, IN, area right away!

Employees at Honda Manufacturing and Cummins can benefit from Hubler Honda discounts when they visit our Indiana Honda dealer. In addition to receiving exclusive discounts on Honda models, you’ll also get 15% off the cost of parts and service for Honda vehicles. Our collection is bursting with popular Honda models, whether you want to test drive a Honda Civic or buy a new Honda CR-V. On our lot, we have vehicles for every requirement, so if you require an SUV for your weekend excursions, a frugal sedan for your daily commute, or a roomy minivan for your expanding family, Hubler Honda is here to assist you!

Hubler Honda is the place to go whether you work for Cummins or Honda Manufacturing and want to drive home in a brand-new Honda or save money on Honda repairs and maintenance. We’re here to give you the attentive and individualized car-buying experience you deserve.

What is the employee discount for Honda?

FCA offers employees and their immediate families 5% off the factory invoice price. (Photo: FCA)

The “Friends and Family” programs offered by automakers let staff members and those closest to them buy a car from a dealership for less than the sticker price. Depending on the automobile group, different offers will be made and to different people. Others give the discounts to anyone who can show the employee’s ID number, while some only permit the employee to buy vehicles for themselves and their close relatives. Examples from three groups of automakers are given below.

GM

One of the largest and most well-known discount schemes available is GM’s. The GM family of brands, which includes Chevrolet, GMC, Buick, and Cadillac, all offer it. The idiom “everyone and their uncle” comes to mind while discussing eligibility. Active and former GM employees, their spouses, kids, stepkids, grandkids, stepgrandkids, grandparents, parents, stepparents, siblings, and in-laws are all eligible. Depending on the car, the discounts change. A 2019 GMC Sierra 1500 Crew Cab AT4, for instance, would save a GM employee roughly $6,000 off the MSRP.

Honda

Retirees and their families, as well as direct, full-time employees of Honda firms, are all eligible for the Honda Team Purchase Program discount. Spouses, parents, siblings, children, and domestic partners are examples of eligible family members. Half-siblings, stepchildren, and in-laws are also permitted. Honda provides the discount for both Honda and Acura automobiles as Dealer Invoice (3.5% x MSRP). For instance, a 2019 Honda Accord with an invoice price of $21,710 and an MSRP of $23,720 can be purchased by an employee for $20,879.80.

FCA

It used to be fairly easy to join FCA’s Employee Advantage program, which covers brands including Chrysler, Jeep, Dodge, Fiat, and Ram. Unfortunately, it was scaled back since some workers were abusing the system by going so far as to sell their ID numbers. Only qualified employees, retirees, and their immediate families are now eligible for the program. With the discount, qualified employees can purchase FCA automobiles for up to 5% less than the original invoice cost. That will save them roughly $1,000 on a $20,000 car.

Buyer Eligibility

The following customers qualify for the discounted prices:

  • Employees of Honda dealerships and their domestic partners or spouses
  • employees of Honda, retirees, and their families (including children, parents & siblings)

How can I determine a car’s employee price?

You will need to shop somewhere else to determine how excellent the bargain is. Check out what you can obtain by shopping in person, online, and by purchasing services with discounted costs (such as the Costco Auto Program or through credit card companies). Ask about vehicle costs at neighborhood dealerships without mentioning your discount. The easiest method to obtain a fantastic deal is frequently to use something like a Nissan Employee Discount, the discount provided to people who work for GM, or the discount available to people who work for Toyota. However, in some circumstances you can discover that there is a lesser price due to other current discounts and specials made available online and by independent deals.

Once you’ve done your research into prices and decided on a specific vehicle, you should be able to determine whether the employee discount is a decent deal.

What advantages come with working for Honda?

Benefits that are most popular at American Honda Motor Company

  • Paid vacation/holidays. 145 employees.
  • 140 employees with 401(k)s.
  • Life and disability insurance. 93 employees.
  • Employees: 85. Paid Sick Leave.
  • reimbursement for education, training, tuition, and certification. 62 employees.
  • Flexible Work Hours/Schedule. 55 employees.
  • mobile phone

What does a new car’s THPP stand for?

With the exception of financing, trade-ins, service contracts, and dealer-installed accessories, the Team Honda Acquire Program (THPP) enables you to purchase a Honda car at a pre-negotiated price.

Is the MSRP the same as the manufacturer invoice?

The price automobile manufacturers advise dealerships to sell their vehicles for is known as the manufacturer’s suggested retail price, or MSRP. The phrase “MSRP” has probably appeared in auto advertisements or reviews.

The sum a dealership pays the manufacturer is known as the invoice price or the dealer price. According to Edmunds, knowing both the MSRP and the invoice price is crucial to shopping for a new car and getting the best value.

Make sure you are aware of the make and model’s market worth before starting a negotiation with a salesperson. The average price that customers in your market are paying for the vehicle is what Edmunds refers to as the “Edmunds advised price” or “True Market Value.” The market value is determined by a number of variables, including supply, alternatives, incentives, and demand.

The sticker price and the invoice price are typically where a car’s market worth lies. Because the market value is an average, some buyers will offer a higher price while others would offer a lower price.

For automobiles that are in high demand, you can end up paying above market value, but if the dealer offers incentives like cash rebates, you might be able to bargain for a cheaper price.

How much is the business car discount?

Automobile manufacturers give their dealers with a lengthy list of businesses that qualify for the discount. A typical corporate discount is separate from the dealer discount and ranges from 1 to 5 percent (usually not more than $25,000).

How much do auto salespeople earn?

Salespeople for new cars typically make between the federal minimum wage and $50,000 annually. Auto salespeople with more than a year of experience typically make $50,000 to $140,000 annually. The typical salary range for used car purchasers and heavy vehicle salespeople is $75,000 to $220,000.

Is working at Honda difficult?

demanding and work-oriented straight to business The management was tight and thorough. The people I worked with were a lot of fun and productive. Keeping up with a very quick pace while having very little time is the hardest part of the job. Everything else in the job description was the easiest part.

Honda does it provide a pension?

Honda is removing its pension for new hires and lowering benefits for current employees, citing a need to save expenses. All existing employees will continue to receive all of their accrued benefits.

Has Honda got a retirement program?

American Honda Retirement Plan: North American and American corporate pension. The North American location of the American Honda Retirement Plan is Torrance, California.

How much may I negotiate off the MSRP?

Any negotiations should center on the dealer cost. A reasonable deal for a typical automobile is 2% over the dealer’s invoice price. In contrast to a slow-selling model, there may be more space for negotiation with a hot-selling vehicle. Salespeople typically make an effort to negotiate using the MSRP.

What is the final cost of an automobile?

When buying a new car, truck, or SUV, the out the door price is essentially your final cost. This represents the complete cash cost of your new car. It includes any additional costs spent from the dealership, in other words. Some of these other objects could be:

  • Dealing commissions
  • Process charges
  • An additional warranty
  • advertisement costs
  • Fees for dealer services

The cost to drive the vehicle off the lot is the most crucial aspect of the out the door pricing to keep in mind. If you have to make monthly payments because of interest, it could not be the complete amount in the end. The ambiguity around the out-the-door price on CarGurus is still being discussed.

What phrases should you never use with a car salesman?

10 things not to say to a car salesperson

  • “I adore this vehicle.
  • “I don’t know a lot about automobiles.
  • “My exchange is outside
  • “I object to being transported to the dry cleaners.
  • “My credit rating isn’t very excellent.
  • “I have cash on hand.
  • “Today I have to purchase an automobile.
  • “I need to pay less than $350 each month.

How much extra should you pay for a car over the invoice?

You shouldn’t anticipate spending more than 5% over the invoice amount. If so, you should decline the offer and look elsewhere. While car dealers may claim to only make 12% of the invoice price from the MSRP, this percentage typically doubles with incentives.

What portion of the MSRP should I pay when buying a new car?

A dealer may tell you are unprepared the moment you offer to buy a new automobile at an absurdly lowball price.

They could think he has a better chance of taking advantage of you while you’re buying a car if you make a lowball offer.

Despite the fact that using this method is a fantastic way to determine a fair purchase price for a new automobile for both you and the dealer, many auto salespeople find this information to be unwelcome because it reduces their chances of earning a sizable commission on the transaction.

You will be able to calculate a fair profit new car offer and give it to a dealer with the assurance that you are not overpaying for a vehicle after reading this section in its entirety.

When the time comes to make your “You’ll want to put the dealer under more pressure by making an offer to buy.

When the dealer confirms that your calculations are accurate, he will understand that you have done your research and are prepared to purchase a car at this time.

I receive emails asking, “What should I expect to pay for a car? Determine your fair profit offer so that it falls within the following range:

When buying a new car, an offer of 3–5% more than the dealer’s real new car cost is acceptable.

A dealer will sell a new car for a 3-5% margin any day of the week, even though it’s not a huge profit.

They are aware that you are a knowledgeable automobile shopper, and they will have the chance to make up any lost revenue from the subsequent uneducated client who enters the store.

Other advice:

  • NEVER use the factory invoice price to determine your appropriate profit offer. The invoice price is not what the dealer’s costs are, despite what they might have you believe. A new car’s invoice price, as opposed to the dealer’s actual genuine cost, is what the dealer paid for the car.
  • Many dealers in the US make a living off of a 3% profit margin. The average margin is 3%, though it may vary slightly depending on the state of the economy.