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How do you find out the dealer cost on a new vehicle (Ref THE Will Cover Method)
Posted on 7/2/15 at 11:13 am
Posted on 7/2/15 at 11:13 am
I'm not talking about the invoice price. The actual dealer cost. I need to know this in order to start the negotiating process on some outgoing year models in a few months.
This post was edited on 7/2/15 at 11:26 am
5
Posted on 7/2/15 at 11:19 am to meeple
I'd imagine that is a closely held secret because people will probably go in the negotiating table thinking that number + $100 is a fair price.
Posted on 7/2/15 at 11:25 am to Volvagia
Agreed... So why is this even a listed negotiating tactic? It's even listed in the Money Talk Guide below:
THE Will Cover Method
THE Will Cover Method
Posted on 7/2/15 at 11:27 am to meeple
Back in college, a friends uncle owned a dealership. The lowest he would go was dealer cost plus 500.
Posted on 7/2/15 at 11:30 am to Volvagia
quote:
'd imagine that is a closely held secret because people will probably go in the negotiating table thinking that number + $100 is a fair price.
They come thinking that number -500.00 is fair. "Yall are making millions so it does not matter blah blah"
Posted on 7/2/15 at 11:41 am to meeple
I don't think he suggests knowing what the dealer cost is.
Just know the invoice price and be aware that there is profit for the dealer built into that price.
Just know the invoice price and be aware that there is profit for the dealer built into that price.
Posted on 7/2/15 at 11:44 am to Coach Guidry
quote:
Coach Guidry
Mind going to my thread about diminished value? I'm curious what you'd value my vehicle at after it's fixed but with the accident claim. Or I could shoot you an email. Either way.
/hijack
Posted on 7/2/15 at 12:09 pm to LNCHBOX
Your Car???
This post was edited on 7/2/15 at 12:09 pm
Posted on 7/2/15 at 12:10 pm to Coach Guidry
Yea. I'll just shoot you an email.
Posted on 7/2/15 at 12:10 pm to Coach Guidry
Email me. Make/Model/Mileage.
May take a few minutes to respond.
May take a few minutes to respond.
Posted on 7/2/15 at 12:59 pm to meeple
you will never know the true cost of the car to the dealer, very complicated by design, lots of incentives, hold backs, etc. very few people in the dealership are privy to the full lot of information. and "invoice price" is utter bullshite and means nothing
Posted on 7/2/15 at 1:05 pm to Tigerpaw123
quote:
ot of information. and "invoice price" is utter bullshite and means nothing
means alot more than nothing...
Posted on 7/2/15 at 1:10 pm to Coach Guidry
Coach, you sell Hondas correct?
Posted on 7/2/15 at 1:10 pm to saderade
Yes.
Posted on 7/2/15 at 1:15 pm to LNCHBOX
dude. I've explained to you all you need to know.
Posted on 7/2/15 at 1:19 pm to Coach Guidry
I have a guy go to Milwaukee and buy cars coming off of lease at auction. I pay him fairly for this. The cost to buy the car, and his agreed upon profit. I don't engage dealers. I have nothing against them, it's just very few have ever done any business with me. I don't owe them anything. I'm not going to engage the car salesperson either. Ever.
Review the warranty, factory and aftermarket as applicable. By review, I mean read it, and especially the exclusions. Buy a decent one unless you want to self insure, and forget it.
Get online at insuremyrentalcar.com. Takes care of loss of use (rental income) and diminution of value on rentals.
But a small personal liability umbrella. Maybe 5-6MM.
I'm sure something similar could be done at every locale.
I'm different though. B1G country and all of that.
Review the warranty, factory and aftermarket as applicable. By review, I mean read it, and especially the exclusions. Buy a decent one unless you want to self insure, and forget it.
Get online at insuremyrentalcar.com. Takes care of loss of use (rental income) and diminution of value on rentals.
But a small personal liability umbrella. Maybe 5-6MM.
I'm sure something similar could be done at every locale.
I'm different though. B1G country and all of that.
Posted on 7/2/15 at 1:37 pm to Coach Guidry
(no message)
This post was edited on 7/2/15 at 2:29 pm
Posted on 7/2/15 at 1:56 pm to Coach Guidry
quote:
means alot more than nothing
means nothing more than sticker price, it is just a number
Posted on 7/2/15 at 2:12 pm to Tigerpaw123
quote:
jtopfer@yahoo
YGM.
Posted on 7/2/15 at 2:29 pm to meeple
Others may scoff at this but I think truecar.com is in ballpark. Thinking about trading my wife's 2012 crosstour for new pilot.
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