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Where to get a good deal on used SUV

Posted on 10/2/16 at 4:13 pm
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/2/16 at 4:13 pm
Need to get an SUV for my wife and I want to look into getting something gently used 5k-10K miles so I can avoid that initial off the lot depreciation.

Any ideas of where to start looking?

I'm looking to spend 45k-60k
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 10/2/16 at 4:51 pm to
As a guy in the business, I understand how some buyers think like this, but I see the benefit in buying new (as you can negotiate harder and dealers are paid by manufacturer to move new inventory, not so much used) and a used vehicle will deprecriate, just like a new (used 2 owner vehicle when traded/sold vs used 1 owner vehicle when traded/sold). What you looking at?
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17293 posts
Posted on 10/2/16 at 4:55 pm to
I agree with coach, don't limit yourself to used, shop new and used and see what you come up with
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/2/16 at 5:48 pm to
She'd like a Tahoe LTZ, Audi, Infiniti, or Lexus SUV.
Posted by boatless2
Member since Mar 2015
612 posts
Posted on 10/2/16 at 6:19 pm to
Have you looked at a used gls450? new they go for around 79
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 10/2/16 at 8:17 pm to
Expensive SUVs, I would shop new and used, good luck.
Posted by VOLcano
Rocky Top
Member since Feb 2016
942 posts
Posted on 10/2/16 at 9:03 pm to
You are looking to buy an expensive luxury SUV and are worried about initial deprecation? All of the ones you mentioned are going to depreciate like crazy even after a couple years.
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/2/16 at 9:28 pm to
I found a couple 2015 LTZ Tahoes that were loaded with 5k-10K miles for 52k-55k

That car is over 70k new.

Yes I'd rather pay 20k less for a car with less than 10K miles

I don't see why this is surprising.
Posted by LNCHBOX
70448
Member since Jun 2009
84320 posts
Posted on 10/2/16 at 9:33 pm to
No one is paying sticker for new GM vehicles.
Posted by WhiskeyDick
shite Poster
Member since Sep 2014
1354 posts
Posted on 10/2/16 at 9:38 pm to
Porsche Cayenne/Macan

Solid resale if you buy right (both price and options wise).
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/2/16 at 9:38 pm to
So what is the price you'd expect to pay for a new loaded LTZ?

Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17293 posts
Posted on 10/2/16 at 9:41 pm to
quote:

So what is the price you'd expect to pay for a new loaded LTZ?



Build what you want and email 3 dealers in Houston and see what they come back with
Posted by LNCHBOX
70448
Member since Jun 2009
84320 posts
Posted on 10/3/16 at 8:10 am to
quote:

So what is the price you'd expect to pay for a new loaded LTZ?






What's your idea of loaded? What drive train?
Posted by notiger1997
Metairie
Member since May 2009
58282 posts
Posted on 10/3/16 at 8:41 am to
quote:

so I can avoid that initial off the lot depreciation.



I think this is an old fashion way of thinking. If you are going to keep the vehicle for a while, just get a new one.

If you really want used, get something with 30K to 40K miles on it to see real savings.
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/5/16 at 8:07 am to
We went and looked at the Lexus SUV (GLX I think).

We picked the package we liked and they only offered a discount of $2600 from the sticker price. Basically said this was their best seller and it was already close to the invoice price so that's the best I could do.

I used the Will Cover method but that was as low as she'd go. I walked out so I'm waiting on a callback

Any more advice?
Posted by LNCHBOX
70448
Member since Jun 2009
84320 posts
Posted on 10/5/16 at 8:17 am to
quote:

We went and looked at the Lexus SUV (GLX I think).

We picked the package we liked and they only offered a discount of $2600 from the sticker price. Basically said this was their best seller and it was already close to the invoice price so that's the best I could do.

I used the Will Cover method but that was as low as she'd go. I walked out so I'm waiting on a callback

Any more advice?


Go to different dealerships and see if they can beat the offer you correctly have. Be willing to drive a few hundred miles away to dealers that do higher volume.

Not sure where you're located, but this GX in GA is heavily discounted.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17293 posts
Posted on 10/5/16 at 8:52 am to
quote:

We went and looked at the Lexus SUV (GLX I think).

We picked the package we liked and they only offered a discount of $2600 from the sticker price. Basically said this was their best seller and it was already close to the invoice price so that's the best I could do.

I used the Will Cover method but that was as low as she'd go. I walked out so I'm waiting on a callback

Any more advice?


now that you know what you want, call Hai Ho (yeah it is a funny name)at Westside Lexus in Houston (281)368-1421, we bought 2 from him last year and he beat baton Rouge's and New Orleans BEST prices (which we had got them to invoice ) by over $4,000 on a RX's, I am sure he could do lots better on the higher priced GLX

This post was edited on 10/5/16 at 8:54 am
Posted by carlsoda
B Rah
Member since Dec 2009
5776 posts
Posted on 10/5/16 at 9:13 am to
costco automotive. Not even joking
Posted by Finch
Member since Jun 2015
3161 posts
Posted on 10/5/16 at 9:25 am to
Thank you for the continued help
Posted by MadDoggyStyle
Member since Feb 2012
3857 posts
Posted on 10/6/16 at 2:24 am to
Just picked up a new '16 Yukon XL for the wife last week for $58,500 plus tax. Listed for $68,700. It has all the bells and whistles, leather, video, A/C seats, sunroof etc. I used the GM employee discount since my father retired from GM. This isn't far from your budget and I have a feeling you can get the new Tahoe for what you are willing to spend for a used one.

If you can wait a month or two, the 17's should be coming out and they will slash prices further.

ETA: cash for clunkers ruined the used car market and I don't think it ever recovered. Used cars are ridiculously high.
This post was edited on 10/6/16 at 2:28 am
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