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re: Buying a new car need the OT'S advice

Posted on 12/8/16 at 6:03 pm to
Posted by swanny297
NELA
Member since Oct 2013
2189 posts
Posted on 12/8/16 at 6:03 pm to
Generally December is a slow sales month - wait till the week after Christmas lots of early New Year sales,
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 12/8/16 at 6:04 pm to
I misread


Giving them the beater is a good decision
This post was edited on 12/8/16 at 6:06 pm
Posted by ATL-TIGER-732
ATL
Member since Jun 2013
2291 posts
Posted on 12/8/16 at 6:04 pm to
Do you really trust an industry that created and sustained this practice for a quarter of a century?

What other stupid and inefficient practices are they employing today?


Automakers' Jobs Bank Program Pays Laid-Off Workers to Do Nothing
November 25, 2008
quote:

Thousands of laid-off auto workers get paid $31 an hour to sit around and do nothing all year under a controversial program that could continue even if American taxpayers bail out the American auto industry.

The program, called "Jobs Banks," has been around for 24 years.

thanks to a deal struck in 1984 between the United Auto Workers and the Big Three carmakers.



quote:

https://www.autonews.com/article/20140127/OEM/301279990/the-end-of-the-jobs-bank-a-symbol-of-excess
The end of the Jobs Bank, a symbol of excess
January 27, 2014

The UAW agreed to end the Jobs Bank five years ago this month
to help General Motors and Chrysler meet the terms of the initial government loans they received before filing for bankruptcy protection.

At its peak around 2006, some 15,000 workers were in the Jobs Bank, costing GM, Ford and Chrysler billions of dollars.

The Jobs Bank allowed workers to receive 95 percent of their pay while on layoff.

The Jobs Bank actually was an idea proposed by GM to the UAW during contract talks.

Posted by texag7
College Station
Member since Apr 2014
37481 posts
Posted on 12/8/16 at 6:08 pm to
Make the salesman earn your business. If they are rude or lazy just laugh at them and go somewhere else.

Enjoy the process
This post was edited on 12/8/16 at 6:11 pm
Posted by oVo
Member since Dec 2013
11798 posts
Posted on 12/8/16 at 6:11 pm to
There is a good thread on it

LINK
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 12/8/16 at 6:11 pm to
I don't sell anymore. I'm in a management role, but everybody is a salesman in some way! Even you.

Here is my advice:

Lease new or buy a 1 to 3 year old vehicle, unless you drive over 15k miles a year and/or keep a vehicle for more than 5 years.

Have them show you the invoice on the vehicle. Ask to see their programs and how much incentive money they have on them. Ask if they have a dealer demo or courtesy loaner they can gut the deal on. See how transparent they're willing to be. Try to get then to go into hold back (similar percentage as the gross from msrp to invoice) ask them to throw in a maintenance plan. Wait until the last couple of days of the month, and the dealership will be trying to meet quotas and goals. They will usually be more aggressive then.

You can use the out for town dealerships to beat your local dealerships price, because remember that they're willing to come to you with their pants down because they would love to pull someone outside of their marke . But always give your local guys the opportunity to match the deal. Just find a good salesman that seems like a genuine person and build a relationship with him, so if you break down or have issues, he will expedite your service work and give you a loaner. Service after the sale is key for a good salesman and a quality that will get him promoted quickly.

There is a lot of subpar people in the car industry which is why if you're just above average, you can have a 150k job at 30 with no college degree. Haha

Good luck.
Posted by tiger91
In my own little world
Member since Nov 2005
36703 posts
Posted on 12/8/16 at 6:11 pm to
quote:

quote:
I am giving them my small 2008 suv


Wait until at least halfway through college to reward a good kid with a new car.



Our daughter is getting our 2003 Expedition ... it was my mother in laws; we bought it with literally NO miles on it from her. Then I got a new car when our son started driving and HE got the Expedition. He recently bought a "new to him Honda Accord" and SHE'S getting the Expedition.

She's not real happy and that's just too bad. It's still safe and reliable and she's not going more than 5-10 miles in any one direction really. She's a sophomore in high school and will drive it for at least a while .. she'll be safe. Now, I just hope she doesn't hit anyone else!
This post was edited on 12/8/16 at 6:13 pm
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 12/8/16 at 6:13 pm to
Also, even if you have an approval through your bank, there is a good chance the dealership can beat the rate. Just saying. I have to advise that as a former F&I guy lol
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 12/8/16 at 6:15 pm to
Actually November sucks.. December is usually a top 3 month in the car industry.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33875 posts
Posted on 12/8/16 at 6:30 pm to
Go to the Money Board. Will Cover has a great negotiating guide that has helped several TD'ers.
Posted by Taffeta
Baton Rouge, LA
Member since Dec 2012
923 posts
Posted on 12/8/16 at 6:37 pm to
quote:

[quote]Haha when I sold, you were the guy I made the most money off of. Lol


It was a joke..and when a family member is the sales manager of a local dealership chain, you don't overpay
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 12/8/16 at 6:43 pm to


Take it easy.. your family members are the easiest to frick over. Trust factor is the highest.
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54486 posts
Posted on 12/8/16 at 6:57 pm to
quote:

what are you looking for


2015 or 2016 ford explorer or edge
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54486 posts
Posted on 12/8/16 at 7:04 pm to
Thanks for the link
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17130 posts
Posted on 12/8/16 at 7:17 pm to
quote:

I am giving them my small 2008 suv


Bought my son a 07 Civic in June. No way I'm giving a teen anything more than an upgraded golf cart for their first vehicle.

Go get you a car this weekend Op

May I suggest texasdirect.com
This post was edited on 12/8/16 at 7:22 pm
Posted by Koach K
Member since Nov 2016
4069 posts
Posted on 12/8/16 at 7:35 pm to
Finally someone who gets it.
Posted by shotcaller1
Member since Oct 2014
7501 posts
Posted on 12/8/16 at 7:53 pm to
I bought a 16 this jan for about 8k less than sticker. While I had my mind set on a certain brand, I would conjecture there are some good deals in that month for most
This post was edited on 12/8/16 at 7:53 pm
Posted by nc14
La Jolla
Member since Jan 2012
28193 posts
Posted on 12/8/16 at 7:55 pm to
Buy now. New models were Sept and Oct for big boys
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