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2016, 2017 Honda Accord Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Honda Accord price report below does not include rebates or incentives.
View Honda Rebates and Incentives.

2016 Accord LX 4 door car w/ 185 horsepower, I-4 - 2.4L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 27 MPG - Highway 37 MPG)
MSRP
$22,205
Invoice Price
$20,328
Destination Fee
$835
Holdback
$444
Dealer Cost
$20,719
Find the Best Price
2016 Accord Sport 4 door car w/ 189 horsepower, I-4 - 2.4L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 26 MPG - Highway 35 MPG)
MSRP
$24,265
Invoice Price
$22,207
Destination Fee
$835
Holdback
$485
Dealer Cost
$22,557
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2016 Accord EX 4 door car w/ 185 horsepower, I-4 - 2.4L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 27 MPG - Highway 37 MPG)
MSRP
$25,580
Invoice Price
$23,407
Destination Fee
$835
Holdback
$512
Dealer Cost
$23,730
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2016 Accord EX-L 4 door car w/ 185 horsepower, I-4 - 2.4L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 27 MPG - Highway 37 MPG)
MSRP
$28,670
Invoice Price
$26,225
Destination Fee
$835
Holdback
$573
Dealer Cost
$26,487
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2016 Accord EX-L V-6 4 door car w/ 278 horsepower, V-6 - 3.5L (6 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 21 MPG - Highway 34 MPG)
MSRP
$30,745
Invoice Price
$28,118
Destination Fee
$835
Holdback
$615
Dealer Cost
$28,338
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2016 Accord Touring 4 door car w/ 278 horsepower, V-6 - 3.5L (6 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 21 MPG - Highway 34 MPG)
MSRP
$34,680
Invoice Price
$31,707
Destination Fee
$835
Holdback
$694
Dealer Cost
$31,848
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2017 Accord Hybrid Base 4 door car w/ 143 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 49 MPG - Highway 47 MPG)
MSRP
$29,605
Invoice Price
$27,078
Destination Fee
$835
Holdback
$592
Dealer Cost
$27,321
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2017 Accord Hybrid EX-L 4 door car w/ 143 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 49 MPG - Highway 47 MPG)
MSRP
$32,905
Invoice Price
$30,088
Destination Fee
$835
Holdback
$658
Dealer Cost
$30,265
Find the Best Price
2017 Accord Hybrid Touring 4 door car w/ 143 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 49 MPG - Highway 47 MPG)
MSRP
$35,955
Invoice Price
$32,870
Destination Fee
$835
Holdback
$719
Dealer Cost
$32,986
Find the Best Price
Price Tip:
To avoid overpaying on a new Honda Accord, price shop online first. Get up front prices before you walk into a dealership. We recommend Car Clearance Deals, TrueCar and Edmunds. .
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
2016 Honda Accord Overview:

About the 2016 Honda Accord Sedan
Available in six trims, the 2016 Honda Accord Sedan appeals to various budgets and driving styles. Rated at 185 horsepower, an i-VTEC engine four-cylinder is standard in the LX, EX and EX-L editions. The Sport model has a similar engine that generates up to 189 hp. A V6 i-VTEC engine delivers 278 hp in the Accord EX-L V6 and Touring trims. Active Noise Cancellation ensures quiet operation in all three signature engine blocks.

The 2016 Honda Accord Sedan LX, Sport and EX models come with manual transmission system that offers six gear ratios. These trims could also be equipped with an optional Continuously Variable Transmission (CVT) with Sport Mode. Offering six speeds for gear shifting, the automatic transmission system with Sport Mode is exclusively installed in the Honda Accord Sedan EX-L V6 and Touring editions.

Part of the Honda Sensing technology, Several innovative active safety features are available in all of the 2016 Honda Accord Sedan models. Forward Collision Warning and Lane Departure Warning are programmed to alert the driver in dangerous situations on the road. A Collision Mitigation Braking System provides much-needed assistance in bringing this Honda to a complete stop in order to avoid a crash.

Featuring Apple CarPlay and Android Auto, the Honda Accord Sedan will surely be appreciated by smartphone users. The SMS Text Message Function and Bluetooth HandsFreeLink are other useful amenities that are designed for compatibility with mobile devices. Of course, the Honda Satellite-Linked Navigation System is another noteworthy high-tech installation in this sedan.

How to Calculate The Dealer Cost of a Honda Accord

Formula for Calculating Dealer Cost:

  • Example: Base Honda Accord invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates, incentives & options invoice pricing here.)

Note: All Honda Accord Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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