how much can i negotiate off a car??

Question

if a car cost around 16400, how much can i reasonably expect to get the car for..is it reasonable to start at a price of 13000-13500 or is that too low..its a used car

Answer 1

I used to sell used cars. Offer $3000.00 less than asking price and work your way up. Depending on the type of car
and dealer inventory you should get at least $1500 to $2000 off. Always start with low ,low offers, you can always go up.
Good luck.

Answer 2

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 3

That depends.

If they are in a hurry to get rid of it or have been waiting a while with no offers they'll be more willing to accept a lower bid.

But with something that is popular (say they've had a few others look at it) you might find there's less room for negotiation.

I'd be surprised if you get it for less than 15k but you might. If you have a full independent mechanical inspection done on the car before buying (which you should be doing) and it finds something wrong you could use that to get a lower price but if there's something wrong you'll have to pay to fix it later on anyway.

Answer 4

gp to edmunds.com type in all the info it asks for and you'll fimd ouy exactly how much you should pay and when you go to dealer ask them for their price and if it should be lower fine if not tell them you got your price from the internet and the car should be this price and they should match it, if not the best thing to do is walk away and if they really want to sell it they'll keep talking to you. I've had then flollow me all the way out to my car as I was leaving begging me to come back, but I only went back if the price was what I found on line. If not be prepared to go to another dealer to find a car or pay their price, I prefer to leave and go elsewhere.

Answer 5

Check websites such as Edmunds or KBB.com in order to see what the market currently bears for the vehicle in question. They'll typically tell you what the trade-in, private-market, and dealer value is for that vehicle. Then you can adjust your offer price accordingly, depending on the vehicle's condition. Then you won't find yourself coming in either w/ a ridiculously lowball offer or overpaying for it.

Answer 6

at a dealership or personal? if at a dealership, they may take 1000 off..but no more than that. there is no way they'd sale you a car for 3000 off. if you cant afford the 16, then buy a cheaper car.

Answer 7

ITS UP TO YOU IS WHAT I TELL MY CUSTOMERS, YOU DECIDE A PRICE AND MAKE THE OFFER AND SEE WHAT THEY SAY THE FUNNY THING IS THEY JUST MIGHT TAKE IT, GOOD LUCK BECAUSE YOU HAVE NOTHING TO LOOSE.