How much can you negotiate off a used car?

Question

What % generally can you negotiate off of the listing price of a used car? 10%? or like even 15%? Thank you guys.

Do you think it would be helpful, in terms of negotiation, if I wait til winter to look for a car? (I'm looking to buy a convertible)

Answer 1

depends on how long it has been on the lot--and how long you have been talking to the salesman--person. If you are in a rush--forget it. If you look at the fact that millions of cars are for sale--- and not fall in love with it--then you can easily get 15% off the car.

Answer 2

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RE:
How much can you negotiate off a used car?
What % generally can you negotiate off of the listing price of a used car? 10%? or like even 15%? Thank you guys.

Answer 3

It depends on how bad the salesman wants to make the deal. Usually, the used cars have a lot of room to be lowered. The dealer has already made their money on these cars with a trade in for a new car or they bought it in a car auction for about 10% of what is was worth to begin with. I would watch for those "hidden fees" that these dealerships charge as well. The document fee, "Just how much does it cost to make up a few papers anyway?" I know some dealers that do not charge this fee and I know a few that try to charge you $800. Generally $150 to $300 is the average fee for this. Any more than that then they are just trying to make up the difference of the deal you made with them. I would look the car over well, anything that could reduce the cost of the car. A dent, ding, unmatching paint, sometimes the wrong color can reduce the car's value. I would also do research before hand.

I will tell you of the deal I got my wife a few years ago. We went to a dealership on a Sunday afternoon. She still owed about $5000 on her car and it was only worth about $1500. The car she wanted cost $13,000 and the payments with the additional upside down equalty was going to be too much. I told the salesman that we were going some where else to look to just give us our key back. Well, the salesman comes back with the car lot owner instead. He looks at where we want our payments and what we owe. He gives us the full payoff on her old car, plus reduces the car she wants to $11,500 and it gets her payment to were we wanted it and for less than 5 years. I thought it was a great deal.

Answer 4

15% is the average negotiating percentage on most use cars and buying a convertable in the winter gives a deeper discount i'd say around the first snowfall is a perfect time because the prices drop a lot more then for fast circulation.

Answer 5

go to Nada and know what the car is worth retail and wholesale as well as trade in and what it worth private party. You can sometimes get it for less than the owner is asking. But it really depends on what it worth and how much it is being sold for.

Answer 6

My first car was listed by the dealer at 9500 I acted like it was outrages and he dropped it to 7400. I was just trying to get it down to 9000.

Answer 7

15%

Answer 8

it is always like 500 dollars cuz everyone always puts something hire as for what they want for the car so they wont feel bad when they get offed something less