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re: Buying a new car

Posted on 6/21/12 at 6:56 am to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38591 posts
Posted on 6/21/12 at 6:56 am to
quote:

about 5000 under MSRP.



Most people negotiate off of MSRP, which is wrong to begin with. The MSRP or asking price, is a made up number.

When Joe Customer talks about, "I got $5000 off MSRP" - to him, it seems like a great deal. However, people who know how car negotiations work know that you should always start off negotiations from the dealer cost, because the invoice cost that the dealers are willing to show you already have profit built into it.



This post was edited on 6/21/12 at 7:00 am
Posted by slapahoe
USA
Member since Sep 2009
7446 posts
Posted on 6/21/12 at 8:31 am to
I know you have covered this before but where is a good place to search online for invoice prices for dealerships?

For instance, say a 2012 F-150 XLT 4x4 is stickered for $41k. What would be a rough estimate on what the invoice would be for that truck? $10 or 12K under sticker?
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