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Car Shopping - How to figure out factory to dealer incentives?

Posted on 9/23/16 at 2:16 pm
Posted by Green Grass Miracle
Colorado
Member since Jan 2015
119 posts
Posted on 9/23/16 at 2:16 pm
Does anyone know where to get this type of information? I've searched and seen it mentioned in Will Cover threads, but can't seem to find it. Do I have to just ask a salesman what they are?
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 9/23/16 at 3:39 pm to
quote:

How to figure out factory to dealer incentives?


Keyword. Factory to Dealer. Not factory to customer. Not being a smartass; just saying; they are sometimes hard to find.

I can tell you Honda's....
Posted by achenator
Member since Oct 2014
2944 posts
Posted on 9/23/16 at 5:17 pm to
Hey coach G, I'm looking at a kind of weirdly optioned 16 accord 4cyl coupe in covington it looks like it had been on the lot forever and they have 17s coming by the day. It's a 4 cyl EXL with Honda sensing. You think they will really want to move this thing ? Sticker is like $317xx and true car is already at $287xx or so. I started looking at a 16 civic touring but I'm thinking I can get this for not much more
This post was edited on 9/23/16 at 5:21 pm
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 9/23/16 at 5:22 pm to
What brand? Most incentives are on brand's site, but some are not, depending. I got Toyota incentives lol
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 9/23/16 at 6:19 pm to
quote:

You think they will really want to move this thing ?


Yes.

Another 500-1000 is possible....1000.00 is pushing it, but 500.00 for sure.

Posted by SATNIGHTS
Red Stick
Member since Jan 2008
2238 posts
Posted on 9/23/16 at 7:05 pm to
What about Seqouias?
Posted by 756
Member since Sep 2004
14852 posts
Posted on 9/24/16 at 6:27 am to
Ask for the 1000, if they give another 500 then get the extras, free oil changes for a year or two, free tire rotation , etc- get it in writing

I once asked for a free complete detail after a year and they agreed!

Sales Managers will give things they can pawn off to service. Some cheezy dealers charge their sales people with this- Dealers with integrity don't.
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 9/24/16 at 8:41 am to
quote:

Sales Managers will give things they can pawn off to service. Some cheezy dealers charge their sales people with this- Dealers with integrity don't.


True. Service will still charge the Sales Account. I'd never charge back to salesperson...now if it becomes a habit, we'd have to talk.
Posted by 911Moto
Member since Sep 2013
5491 posts
Posted on 9/26/16 at 3:19 pm to
When it comes to buying cars, people worry far too much about rebates, incentives, etc. - there is only one way to get the best deal possible: shop around with as many dealers as you can.
I had to buy one of my sons a car this past weekend, and I needed to do it locally and do it quickly. There are multiple rebates floating around right now (military, college grad, uber driver, etc). I went to the first dealer (shopping for a '17 Hyundai SE, auto, w/popular equipment package). The first dealer ended up around $2,100 off sticker after the factory rebate and dealer discount. That was the best he could do unless we qualified for any of the other rebates. Checked with 2 other dealers and they were all within $200 of that price, and none of them could do any better. Pulled a price out of my arse, and they all hemmed and hawed about "if you can get that deal, good luck and buy the car from that dealer." Within 6 hours I bought the car for $3,200 off sticker, which was over $500 less than TrueCar's expected value.
If I could have shopped a 500 mile radius like I normally do, I could have found an even better deal. I was limited by the circumstances at hand. But people need to get rid of the mentality that revolves around trying to find out what the best price is based on what internet car sites say and what they can find out about rebates and incentives. The ONLY way in my mind to get the best deal is to FIND the best deal with due diligence. There is always a dealer out there who has a particular set of circumstances that will allow them to beat any other deal around. If you limit yourself to one car at one dealer, you're screwed. Someone, somewhere, usually has that same car available (usually many dealers) and will give you a much better price. On my Jag, I found a deal that was $6,000 better than the "next best" deal I could find in a 500 mile radius. On my Vette I found a deal around $5,500 better in Texas and Atlanta than any of the local dealers would give me. You HAVE to shop multiple dealers and be willing to travel to get the best deal if you truly want a deal.

ETA: I just browsed the "Will Cover" method...did not read the whole thread. It's great for negotiating with one dealer, but anyone who deals with one dealer is foolish. If you play several dealers against each other, you don't even have to use tactics. Dealers will continue to beat each other's deals until they can't any longer.
This post was edited on 9/26/16 at 3:37 pm
Posted by mmonro3
New Orleans
Member since Apr 2013
3920 posts
Posted on 9/27/16 at 6:53 am to
Actually good advice moto,even though your wealthy arse should be buying your son a nicer car. And coach g and chappy dont care, they think their lots are the best regardless. Texas and atlanta and florida almost always have better deals on automobiles.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118893 posts
Posted on 9/27/16 at 10:02 am to
Truecar is not a good source by itself for determining what to pay for a car. And people are stuck with trying to get an amount off of MSRP, which is a bad way to look at it.
Posted by LNCHBOX
70448
Member since Jun 2009
84053 posts
Posted on 9/27/16 at 10:09 am to
quote:

amount off of MSRP, which is a bad way to look at it


I see you always say this, and I just don't see your reasoning. How else can you compare the deal offered from one dealer to a different deal?
Posted by torrey225
Member since Mar 2015
1437 posts
Posted on 9/27/16 at 10:31 am to
Edmonds Car Forums

I used this for my last car purchase.
Posted by AUFanInSoCal
Orange County
Member since Nov 2007
1616 posts
Posted on 9/27/16 at 3:12 pm to
quote:

Truecar is not a good source by itself for determining what to pay for a car. And people are stuck with trying to get an amount off of MSRP, which is a bad way to look at it.


I think it's a pretty good start.

I got 5 True Car certificates from 5 dealerships showing the Chevy Colorado I specified ranging from $1,850 to $4,300 off MSRP. So with my GM supplier discount of $1,400 added also, I think I have a good number to start with.

Posted by lsu xman
Member since Oct 2006
15525 posts
Posted on 9/27/16 at 3:53 pm to
I was browsing online at Toyota 4runners and clicked their e-price.
This is what the internet sales guy responded back to me with..

2016 4runner
MSRP: $37,130.00
INVOICE: $34,880.00 at cost
Promised Price: $35,580.00
Posted by AUFanInSoCal
Orange County
Member since Nov 2007
1616 posts
Posted on 9/27/16 at 4:04 pm to
That would be Toyotas. I too would like to know the trick to get Toyotas at or below invoice.

The best quote I have gotten so far myself on a Toyota Tacoma that I am also looking at is using the Costco Auto plan. I got a quote for $800.00 over invoice.

Posted by lsu xman
Member since Oct 2006
15525 posts
Posted on 9/27/16 at 4:26 pm to
My bro just bought a 16' Tundra TSS off-road 4x2 for 40K. He said sticker was 45K. I had seen the 2017's out so maybe they were more willing to negotiate.
Posted by dshort_bruh
Verbena
Member since Sep 2016
507 posts
Posted on 10/3/16 at 4:55 pm to
quote:

What about Seqouias?


How far you willing to drive?
Posted by Gevans17
Member since Dec 2007
1135 posts
Posted on 10/3/16 at 9:59 pm to
assume you are shopping for a Honda? what difference does a factory to dealer incentive make to you? you are going to make the dealer an offer and he is going to either accept it or counter.
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