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Car shopping

Posted on 8/8/17 at 5:23 am
Posted by BHS78
Member since May 2017
2051 posts
Posted on 8/8/17 at 5:23 am
How much should I expect the dealer to come down on price of a new/certified used car. Just starting to look at some new SUV's and they want almost as much as I paid for my house.
Posted by lnomm34
Louisiana
Member since Oct 2009
12609 posts
Posted on 8/8/17 at 6:06 am to
quote:

How much should I expect the dealer to come down on price


It all depends on how they have the vehicle priced, how long it's been on the lot, how motivated they are to sell, what incentives are available, how good you negotiate, etc., etc., etc.

quote:

they want almost as much as I paid for my house.


So true. I keep getting the itch for a new vehicle, then I look at prices and remind myself that they're all pieces of plastic shite and they'll be half-worthless, rattling, fading, garbage cans in five years that I use to drive to/from work.
Posted by bayou choupique
the banks of bayou choupique
Member since Oct 2014
1818 posts
Posted on 8/8/17 at 8:23 am to
quote:

Just starting to look at some new SUV's and they want almost as much as I paid for my house.


I agree the prices have gotten crazy. I tend to buy used cars 1-2 years old with 10-30k miles and it helps out with the initial 20% or so initial depreciation.
Posted by Tigahs2007
MS
Member since Dec 2013
159 posts
Posted on 8/8/17 at 9:09 am to
Trucks have gotten outrageous. I looked at a 3/4 ton diesel that had over 100k miles and they wanted 40k for it.

When will it stop?
Posted by basiletiger
lafayette, la.
Member since Aug 2007
2141 posts
Posted on 8/8/17 at 9:09 am to
you are looking at $350,000 cars???
Posted by Popths
Baton Rouge
Member since Aug 2016
3965 posts
Posted on 8/8/17 at 9:32 am to
Research it on KBB.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38533 posts
Posted on 8/8/17 at 9:48 am to
quote:

How much should I expect the dealer to come down on price of a new/certified used car. Just starting to look at some new SUV's and they want almost as much as I paid for my house.


Supply, demand, your market, incentives, dealer's monthly and/or quarterly goals and how well you are able to negotiate.
Posted by td1
Baton Rouge
Member since Oct 2015
2835 posts
Posted on 8/9/17 at 1:23 am to
quote:

Trucks have gotten outrageous. I looked at a 3/4 ton diesel that had over 100k miles and they wanted 40k for it. When will it stop?


When they stop stickerering them at 70k plus new.
Posted by bayou choupique
the banks of bayou choupique
Member since Oct 2014
1818 posts
Posted on 8/9/17 at 7:15 am to
quote:

you are looking at $350,000 cars???


I suggest consult basiletiger

he seems the be the expert car salesman who claims to sell over 215 units per year.
Posted by basiletiger
lafayette, la.
Member since Aug 2007
2141 posts
Posted on 8/9/17 at 8:07 am to
@bayouchoupique.....let's put your money where your mouth is....

I know down in Hackberry, Louisiana it's hard for you guys to use an adding machine.....
This post was edited on 8/9/17 at 8:08 am
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13856 posts
Posted on 8/9/17 at 9:00 am to
quote:

Trucks have gotten outrageous. I looked at a 3/4 ton diesel that had over 100k miles and they wanted 40k for it. When will it stop?

It's insanity. I was looking the other day for used F150s. Lariat trim. 2012-2014 models with 80k-120k miles going for $25k. Who are these people paying these prices? 6 year old trucks with 100k+ miles going for $25k!

They wouldn't be selling them for that if people weren't buying them..
Posted by td1
Baton Rouge
Member since Oct 2015
2835 posts
Posted on 8/9/17 at 1:00 pm to
Even the F150s in a pretty loaded Lariat trim are mid to upper 50s new. Trucks unfortunately do not depreciate as fast as cars. I traded in my 06 f250 6.0 with 131K miles and got 11. They gave me 20% of what it was stickered for 11 years ago. They will probably put it on their lot for 16 to 17. I bought it used for 27 in 09, the trade got me back 40% of what I paid.

I guess the only good news is if you buy one, it will hold its better than some vehicles.
Posted by td1
Baton Rouge
Member since Oct 2015
2835 posts
Posted on 8/9/17 at 1:03 pm to
On topic (New Car), if you wait until the 18s start stacking up on the lot they will be more willing to deal on a 17 and the factory will start kicking in better incentives to move the 17 models. Whatever car you are interested in, try to find out when the 18s for that model will start shipping a few months after that is when I would think you would get the best deal. The longer you wait the better the deal, but your options on the lot are going to get smaller.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66413 posts
Posted on 8/9/17 at 1:18 pm to
quote:

2012-2014 models with 80k-120k miles going for $25k


I've been looking for used 2015 Platinums in the 36-40k range and most are right at 40-42k. The things that trucks come with now are absurd
Posted by TigerRob20
Baton Rouge
Member since Nov 2008
3732 posts
Posted on 8/9/17 at 1:52 pm to
quote:

On topic (New Car), if you wait until the 18s start stacking up on the lot they will be more willing to deal on a 17 and the factory will start kicking in better incentives to move the 17 models. Whatever car you are interested in, try to find out when the 18s for that model will start shipping a few months after that is when I would think you would get the best deal. The longer you wait the better the deal, but your options on the lot are going to get smaller.



Is there any reason to do this if looking to buy a used car? Looking at a '14 Sequoia right now, but would be interested to see if the prices go down a little when the '18s come out in September.
Posted by JOJO Hammer
Member since Nov 2010
11920 posts
Posted on 8/9/17 at 1:57 pm to
My advice would be to find the SUV you want (4Runner, Pathfinder, etc.) Then decide what options you want in it. And then begin looking at prices at different dealers. Tell the sales buzzard exactly what you want, tell him you are shopping at several dealerships. Tell him you're not interested in a test drive until you know the bottom line price. By doing this you can eliminate a lot of their bullshite.

Also be prepared to walk out if you don't like the price. And when they call you back the next day with a better price don't give in. Tell the salesman you feel like he lied to you and you want a better deal just to drive back to the dealership.
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 8/9/17 at 2:03 pm to
quote:

Tell the salesman you feel like he lied to you

Posted by JOJO Hammer
Member since Nov 2010
11920 posts
Posted on 8/9/17 at 3:42 pm to
quote:

ATLdawg25
quote:
Tell the salesman you feel like he lied to you




Yes, when the salesmen says $XXX is the best price then the next day he calls and says he can lower the price he lied.
Posted by BamaFinland
Espoo, Finland
Member since Oct 2015
2587 posts
Posted on 8/10/17 at 4:30 pm to
quote:

On topic (New Car), if you wait until the 18s start stacking up on the lot they will be more willing to deal on a 17 and the factory will start kicking in better incentives to move the 17 models.


This.

Also waiting til the end of a month is a good time as the salesman is usually desperate to hit some kind of quota or bonus.
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