Does offering to put $10-12K down while negotiating for this type of a vehicle get the purchase price down significantly (a few K's) from the MSRP? Thanks
2007-05-18 05:35:17 · 3 answers · asked by Jay S 3 in Cars & Transportation ➔ Buying & Selling
yeah...don't every bring up financing until after you have agreed on a price. it shouldn't matter what way you pay for the car. they are two seperate things.
Go to the dealership with a price you want to pay and what you think is fair. obviously if you are trying buy a car with an MSRP of 40k and think that you can get it for 25K well that's crazy. I have bought BMW before and I have priced them. the invoice and the MSRP are usually around 3500 dollars different. if your MSRP is 41500 then you should be looking to pay 38000. anything more is just profit to the dealer and anything else is good for you, but probably won't happen.
2007-05-18 05:54:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, you should be able to negotiate the purchase price of a car independently from financing and payment. Look up the invoice price on Edmunds.com. Your goal should be about $500-1000 over invoice. Keep in mind that if the car is in high demand, you may not be able to negotiate as well. wait until the end of the month. The other thing you should do is arrange your own financing in advance of negotiation. You always have the option of using an option supplied by the dealer if it is better, but getting preapproved improves your options.
2007-05-18 12:41:20 · answer #2 · answered by Jay P 7 · 0⤊ 0⤋
Yes.
2007-05-18 12:38:17 · answer #3 · answered by bjipp01 2 · 0⤊ 0⤋