2007-08-18 23:52:03 · 7 answers · asked by tee12time 1 in Cars & Transportation ➔ Buying & Selling
"If i give you my best price, would you buy this vehicle today?"
...depending on response from customer...
If yes then give em your best (fair) price.
If they have to go home and think or talk to spouse...give THE best price...and let them know....
"I dont normally do this, But I will do it for you, some people would go to another dealer and have them beat me by a few bucks. I want to earn your business... when can I expect to hear from you?...(then after the reply)Would you like to put a deposit on that vehicle?"
If they are still going to shop then ask.."Am I your local dealer?, (keep talking) I would like to earn your business, go shop, get the numbers, and when you come back, we will get you that vehicle you want."
Some situations play out differently, but remeber there are TWO best prices. The one for the customer (lowest possible buying price) and one for the salesperson (discounted fair price)
Hope this helps.
2007-08-19 00:58:42 · answer #1 · answered by Chris C7 2 · 0⤊ 0⤋
The best price is what you are comfortable with so the descion is yours. He should give you a fair price as most people do not believe it is but the markup in cars is not much unless it is a luxery car where a premium (MSRP) is fair. Actually all MSRP's are fair. Take into condsideration that Toyota has had a 1.25% increase since 1997 while the vehicles keep costing more to produce. In 1997 a 4 -Runner with a price of 35,000 had about 3000 profit at MSRP. Now it is 1800. This gives a salesman a 300.00 commision. At the average sales man sells 10 cars a month that is 3000.00 and 5 out of ten will be 100.00 commision on a gross of 800 over invoice so that is 2000.00. Could you live on that and work 60 hours a week or more.
2007-08-19 07:20:16 · answer #2 · answered by 12pleze 6 · 0⤊ 0⤋
[ so it's summer sell down time again ] if you are going to give them the best price, show them the company's cost and it's time of arrival on the sales lot [flooring starts that day] and flooring costs to date then tell the customer what you expect [such as "i gotta hold a grand on ten"] meaning that for every 10k the salesman gets 500 and the dealer gets 500 . customers appreciate this honesty, and of course you can juggle the numbers with respect to what you are actually selling [radio's, car"s,frigidair's, tv's,
or jet aircraft] just keep the math simple the customer is generally in agoney over the many varied choices in front of them anyway , and the sales person who can see this will close the deal [ it also helps if YOU BELIEVE IN THE PRODUCT YOUR SELLING] there are so few products out there that are actually worth believing in.
2007-08-19 07:16:33 · answer #3 · answered by hobbabob 6 · 0⤊ 0⤋
If you are the buyer, Tell the salesman to give you the best possible price, take it and if not up to your par, get up and leave. He'll come down. Believe me.
2007-08-19 06:57:51 · answer #4 · answered by Mavs rule 6 · 0⤊ 0⤋
The salesman will give the highest price he thinks you'll be willing to pay.
Not the lowest he's willing to sell it to you.
2007-08-19 07:03:35 · answer #5 · answered by bestonnet_00 7 · 0⤊ 0⤋
with whatever gives the salesman the highest commission...usually. :D
- The Gremlin Guy -
2007-08-19 10:24:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Give me best price or I strip!
2007-08-19 06:55:15 · answer #7 · answered by ElephantHop 4 · 1⤊ 0⤋