Here is the basic. Don't ever walk into a dealership telling them you are looking for a car... yes. Get quotes from dealers over the internet before you go to them. Go to kbb.com or edmunds.com, find the specific car you want to buy and then they have a feature to request price quotes. Most of them will either call you or email you to follow up. Tell them you want the price of the specific car with no "dealer add ons". I hope you know what dealer add ons mean, if not email me and I will explain. If you don't know what this means you will sure get ripped off for $1000's. Some dealers will call and say they want you to go to their dealership "to make the deal happen". Just tell them if they can't give a price over the phone/email they are not getting your business.
As far as pricing all dealers get a 3% rebate from the cost of the car from the manufacturer. So if the cost of the car (which you can get from kbb.com or edmunds.com) is $20,000, then the dealer pays $19,400 and sets the MSRP at $23,000. Your ideal price will be between $19,400 and $20,000. Bear in mind that certain times they run rebates which will reduce the price even more...
2007-07-12 08:37:53
·
answer #1
·
answered by IZitall 3
·
0⤊
0⤋
First of all, do not listen to iZitall. He has no clue. Dealerships buy vehicles at a small percentage below "invoice". This is called "holdback." Holdback is what keeps their lights on, water running and telephones and internet on so you can call or check their website. Invoice is the cost of the vehicle from the manufacturer. MSRP is exactly that: Manufacturer's Suggested Retail Price. The manufacturer (i.e. Ford Chevy, Honda, etc...) sets the sales MSRP price, not the dealer. A fair deal for everyone involved would be to offer $500 over invoice on a new car. This will ensure the salesman gets to feed his family after a small commission check, the dealership can afford to pay for it's advertising and you walk away paying less than almost everyone who buys a car. The dealership will fight you at first because they do want to make a profit of more than $500, but will easily take this deal from you after some hemming and hawing.
Hope this helps!
2007-07-13 22:10:34
·
answer #2
·
answered by bsdrob 2
·
0⤊
1⤋
The best way to get a lower price is to walk away from the deal. If there is a lower price to be had, the sales person will contact you.
2007-07-12 15:26:05
·
answer #3
·
answered by Nick P 1
·
0⤊
0⤋
we just bouht a new car and then the other dealer called us pffered us a reallly good day extras and saving 2 grand. the way we did it, we went to 1 dealer said we like car but another dealer is offering less then went to the other and did the same for a few days then told 1 dealer that we have gone for the other car and they will call you up with a better deal once they think youve bought another car cause they dont want to loose the sale they will do weverything. and they do have a lot of leaway they just make it out like they havent!!
... or you could just ask for less rice lol!! hahaha
2007-07-12 15:26:03
·
answer #4
·
answered by Princess 1
·
0⤊
1⤋
get information from the internet use kbb.com and get a price for a car there. most dealerships use nada.com to get the prices on used cars. go to there website if there asking more for the car than whats on the site they will lower it for u
2007-07-12 15:31:07
·
answer #5
·
answered by marshall 2
·
0⤊
0⤋
Write down the price you are willing to pay and your phone number and name and then leave the car lot.
If he wants to make a sale he'll call you.
Good Luck!
2007-07-12 15:28:52
·
answer #6
·
answered by CactiJoe 7
·
0⤊
0⤋
take a internet printout showing dealer cost
offer them cost for it
2007-07-12 15:23:38
·
answer #7
·
answered by Indiana Jones 6
·
0⤊
0⤋
Poke him with your chopstick.
2007-07-12 15:24:18
·
answer #8
·
answered by William R 7
·
1⤊
0⤋
what kind of car?
2007-07-12 15:27:13
·
answer #9
·
answered by jay 7
·
0⤊
0⤋