I try doing a search and was not able to find any thread on this topic. I checked carbuyingtips.com but wanted feedback from fellow on what to do and what not to do. |
how to negotiate a great deal on a new car? Archived From: Deal Discussion |
I try doing a search and was not able to find any thread on this topic. I checked carbuyingtips.com but wanted feedback from fellow on what to do and what not to do. |
shop around, ask dealers on their prices. first of all, you need to know what kind of car you want and with what options. then check carsdirect or some other places online (kbb, edmunds) to get a price quote. u can also try going to a dealer and ask them to meet another dealer's price, or possibly beat that price (maybe throw in some extra options). good luck |
Kelly bluebook (kbb.com) is a great place to find what the dealership paid for the car. I used it and bought my car for only 3% over what they paid even though you should offer 5%. ( I forgot to add back the destination charge). |
Be flexible. Think "four door sedan," not "2004 Honda Accord EX V6." |
well Im looking to get a Pilot EX-L w/nagvi, running boards, and crossbars. I think invoice on it is 29,500 but the closest i got is 31,000. I think they can do better than that because 05 models are coming out next month plus they have holdbacks and rebates from manufacturer to move the cars. |
Count26 said:well Im looking to get a Pilot EX-L w/nagvi, running boards, and crossbars. I think invoice on it is 29,500 but the closest i got is 31,000. I think they can do better than that because 05 models are coming out next month plus they have holdbacks and rebates from manufacturer to move the cars.it doesn't matter if 05 is coming out soon. if the pilot is a very popular car, you may not be able to negotiate better. on the other hand, if the pilot isn't that popular and available a plenty, then you have a great chance. |
linrick said:Count26 said:well Im looking to get a Pilot EX-L w/nagvi, running boards, and crossbars. I think invoice on it is 29,500 but the closest i got is 31,000. I think they can do better than that because 05 models are coming out next month plus they have holdbacks and rebates from manufacturer to move the cars.it doesn't matter if 05 is coming out soon. if the pilot is a very popular car, you may not be able to negotiate better. on the other hand, if the pilot isn't that popular and available a plenty, then you have a great chance. |
Count26 said:Thanks for the advice. That's why I'm negotiating prices over email. |
thanks for that tip. I've tried coming into these places and they always give me the same song and dance routine...dealer: "there's no way you can it for that price" or "we'll be losing money on it" I am not doing this for myself but for a friend. I did lock in on a great deal on a 03 CR-V last year for like 500 above invoice and 1.9 APR and I was given the same lines until i decided to walk the salesman cave into that 1.9% |
forget the nav you'll get a better unit aftermarket. go to a dealer(after they close)find the one u want. right down every option including the codes if available. go to edmunds.com to find the invoice. start negotiating from 2k below that price. do not pay more than invoice including tax and tags. i'm an ex finance manager for a large ford dealer in sc. i just bought a 2004 suburban that stickered at 49k, i paid 40,0029 including tax and tags. |
mrblackpcs2 said:forget the nav you'll get a better unit aftermarket. go to a dealer(after they close)find the one u want. right down every option including the codes if available. go to edmunds.com to find the invoice. start negotiating from 2k below that price. do not pay more than invoice including tax and tags. i'm an ex finance manager for a large ford dealer in sc. i just bought a 2004 suburban that stickered at 49k, i paid 40,0029 including tax and tags. |
ynotme said:mrblackpcs2 said:forget the nav you'll get a better unit aftermarket. go to a dealer(after they close)find the one u want. right down every option including the codes if available. go to edmunds.com to find the invoice. start negotiating from 2k below that price. do not pay more than invoice including tax and tags. i'm an ex finance manager for a large ford dealer in sc. i just bought a 2004 suburban that stickered at 49k, i paid 40,0029 including tax and tags. |
Consumer Reports' Annual Auto Issue in April always gives advice about haggling with sales people. Usually, in-person negotiation produces the best result. If you feel uncomfortable with that or do not wish to waste time, there are buying services. My last auto was purchased through mycar.com. Basically, you pay a fee for the number of dealers you wish to have included in the process. Then, what happens is they submit bids to you. Usually, nothing happens until the last day when they offer their best price. Of course YMMV since it simply comes down to supply and demand in your area. Look at some of the prices from mycar.com for a Honda Pilot and compare this to other SUV's and you will see that getting a great deal on that vehicle might not be easy. |
I disagree with the statement about best price in person. You are just wasting your time driving around different dealership. Here is what I would suggest you do. |
If you are buying a new car and know exactly what you want, then I recommend the following: |
Bring in other offers that are printed, ones you may have not even looked at and say how much better they seem compared to the offer you are getting(don't let them call your bluff). Always take the second offer they give you, you know the one after thier BS best they can do line, and drop it by $300 to $500. They won't let that little margin stop them from selling a car, this applies to cars that are 12-15k of course. |
Here's what I did when I bought my Honda Accord. |
Pilot is very hot SUV in the market right now..Like oddessy in 2001 people paid 1500 over MSRP and wait for few months. I just bought mine 2004 oddessy EX with leather for 25,700, invoice was 26000+ and MSRP was 29,900.Very Nice minivan for Very good price. |
if you play a retart and act like you can't handle yourself, the dealer will most likely be nicer and give you a better price. Just keep talking and the price will go down. Also, flirt a little |
|
|
While FatWallet makes every effort to post correct information, offers are subject to change without notice. Some exclusions may apply based upon merchant policies.
| Sign up for free today, because you don't want to miss out on any more cash back than you already have! There are currently 1,092,065 people just like you registered to earn Cash Back From FatWallet. Be the next! |
Sign up to join the discussion & earn Cash Back from FatWallet:
|