Really hate dealing with car dealerships! - Page 4 - TigerDroppings.com

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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
70521 posts
 Online 

re: Really hate dealing with car dealerships!


Warranties have some of the highest profit margins and that Taurus tranny probably cost half of 3,500





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Gorilla Ball
LSU Fan
Red Stick
Member since Feb 2006
2392 posts

re: Really hate dealing with car dealerships!


bump for those that might consider getting a vehicle before the end of the yr





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Tigerholic
LSU Fan
Member since Sep 2006
1465 posts

re: Really hate dealing with car dealerships!


Been looking to buy myself. With Only a week left, hoping to get a dealer to bite. I've found ads for comparable cars trying to get local dealers to match.

What's the most off anyone has seen on a Tahoe or Yukon? I'm going for 10k off msrp.






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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18665 posts

re: Really hate dealing with car dealerships!


When I go in to buy, I know what the car/truck sells for and I have a set price I am willing to pay. When the salesman comes running, I tell them I would like the best price + taxes out the door cash sale. Right off the bat, the first thing they want is your info. At that point I will tell them what I am willing to pay and if he can't do the deal, I'm walking out the door. Of course they want to play games and I tell them up front no games and my offer stands. If he still wants to play, I just walk off and go somewere else. Did this a few times due to a-holes wanting to play.





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SippyCup
New Orleans Saints Fan
Member since Sep 2008
1356 posts

re: Really hate dealing with car dealerships!


quote:

3. Never show emotion when negotiating. 4. Never offer or accept the first price. 5. Start off negotiations by saying “that’s not good enough.” 6. Never offer a counter price. 7. Silence is golden. When in doubt, shut up and you will pay less. 8. Know what power you possess by being able to “walk away.” 9. Never negotiate off “MSRP.” The negotiation process should start from the DEALER COST (which is less than INVOICE) price or the WHOLESALE price if purchasing a USED vehicle. 10. Rebates can be deducted from INVOICE price and not MSRP as the dealership will lead you to believe. 11. Know the dealer’s “hold-back” price and what type of incentives that may be offered from the manufacturer or dealership. 12. Don’t discuss a trade-in until you’ve settled on a price for the car you’re buying – each transaction should be separate and not dependent upon one another.


Great post right there.

They need you as a customer, not the other way around.







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Will Cover
Washington Fan
Whiskey Dick Mountain, WA
Member since Mar 2007
24953 posts

re: Really hate dealing with car dealerships!


quote:

I'm going for 10k off msrp.


Mistake # 1.

Don't deal off a "made up number."






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tiger91
LSU Fan
South of Lafayette
Member since Nov 2005
13133 posts
 Online 

re: Really hate dealing with car dealerships!


When you guys say go in with what you want to pay ... does that include taxes/etc? Or actual vehicle only?

Thanks. We'll be looking to buy in or around July. 15 yo son will be 16 then and getting his license. He gets my 2003 Expedition .. I figure HE'LL be safe in it! Other drivers, well, who knows?






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756
LSU Fan
Member since Sep 2004
9652 posts

re: Really hate dealing with car dealerships!


Once you have a price Nothing should be added except TTL do dealer fees, no prep fees nothing








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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18665 posts

re: Really hate dealing with car dealerships!


quote:

... does that include taxes/etc?


Yes. It helps if you know someone in banking. They can tell what the dealership is paying for the car/truck. Another thing is, if a car has been sitting on the lot over two months, that dealership starts loosing money on it.






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Tigerholic
LSU Fan
Member since Sep 2006
1465 posts

re: Really hate dealing with car dealerships!


quote:

I'm going for 10k off msrp. Mistake # 1. Don't deal off a "made up number."


I got this "number" from searching for ads on similar vehicles. I've found several vehicles that were advertised for 10k off and a couple even more. My thought process is this tells me how much room they really have to move since all dealers have the same cost.






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basiletiger
LSU Fan
lafayette, la.
Member since Aug 2007
282 posts

re: Really hate dealing with car dealerships!


Stop telling yourself a "good deal" is $10,000 off. Unless you find a 2012 Demo Yukon or Tahoe with 5 to 7,000 miles you won't get this deal. 2013 models are going for around $5,500 to possible $6,000 off. This incentive includes a $2,000 rebate from the factory and $3,000 to $4,000 of dealer incentives. If you have insurance with farm bureau there is an additional $500 rebate or if you are a USAA member there is an additional $750 rebate. The days of dealerships advertising $10,000 off Yukons and Tahoes are long gone. Purchase something based on your needs and wants. If you think it's a good deal go for it. Walking in a GM dealership and saying I'll do the deal at $10,000 won't get you anywhere on the vehicle that you are interested in. Truck incentives are a different animal.


This post was edited on 12/27 at 8:18 pm


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Tigerholic
LSU Fan
Member since Sep 2006
1465 posts

re: Really hate dealing with car dealerships!


I can pay it, just refuse to overpay. Too many tahoes and yukons out there. Either going to get a slightly used 2012 or look at the Infiniti JX35 instead.





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The Easter Bunny
Georgia Tech Fan
Minneapolis, MN
Member since Jan 2005
41996 posts

re: Really hate dealing with car dealerships!


bookmarked, thanks





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SippyCup
New Orleans Saints Fan
Member since Sep 2008
1356 posts

re: Really hate dealing with car dealerships!


Where would one find the invoice price?





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JonTheTigerFan
LSU Fan
Central, LA
Member since Nov 2003
4729 posts

re: Really hate dealing with car dealerships!


quote:

Where would one find the invoice price?


You can go on KBB.com and get an estimate of the invoice. I just bought a new truck and asked for the invoice before I started negotiating. They emailed me a copy of the invoice and it was very close to the price KBB had. They don't mind giving you the invoice because that's not what they actually paid for the vehicle. I ended up paying about $9,000 less than the invoice price after all rebates/discounts.






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wpsnickers
SMU Fan
Member since May 2004
2577 posts

re: Really hate dealing with car dealerships!


How much is your negotiating power reduced when you are buying a new, popular model that has a new body style? Buying a 2014 model, and want to know what I can get away with.





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seawolf06
LSU Fan
Raleigh, NC
Member since Oct 2007
4320 posts

re: Really hate dealing with car dealerships!


quote:

How much is your negotiating power reduced when you are buying a new, popular model that has a new body style? Buying a 2014 model, and want to know what I can get away with.


Usually you have no bargaining power with brand new models, but like anything else, it depends on the demand and how many the manufacturer made anticipating said demand.






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