True Car Value is the real deal

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The sales manager basically called me a dumb arse

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This is why people hate buying cars.

cargurus is another good one.

How I got my Impala

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cargurus is another good one.

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Just having something to call out their BS is golden. Didn't check cargurus. Good information.

Just knowing invoice and what others were paying was powerful. BTW both vehicles we tried to buy are still for sale

So did you buy from a true car dealer or just use their price to negotiate the price you wanted? I'm really not looking forward to buying a new truck in the future.

PS

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The Mrs

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Pics?

I always love the "we're losing money" line. Invoice price is a joke, it's artificially inflated by holdback. The fact you got it 2200 under invoice is probably very close to their actual cost, although I'm sure there were some rebates...fret not, the "poor poor dealership" still made some money.

I look at the size of land a dealership takes p in a populated area, look at the recently renovated buildings, all the salesmen, all the commercials on TV and the radio ads, etc and ask myself are they losing money on almost every sell...

Read this online looking up holdbacks for my Dad in the market for an Avalon Hybrid:

After reading this post i went to Consumer Reports and paid $15.00 thats right fifteen dollars US and got a print out of exactly how much a dealer paid for a certain car. I was in the market for a Jeep Liberty, Dealer sticker Price was $28,650.00 so after I conveyed the Vin # of the Liberty I was looking at and called Consumer Reports and told them the Vin # and the dealership where I had planned to make my purchase they informed me that this Vin # was purchased by my dealer for $8,756.00 now why is it that Consumer reports can give the True Value of that car but Edmunds cannot?..It is also true that they do have Hold Backs..they also have Dealer Incentives, ect. ect. ect. from talking with consumer reports here is how they understand it to work. Say my dealership tells the factory that
1). We can sell 100 Liberties for xx,xxx.xx and well buy an extra 20 Liberties at a discounted price for x,xxx.xx here is where the Dealer Incentives kick in. They are actualy rewarded by the manufacturer IF they sell the extra 20 Liberties before year end.
2). After they have sold 120 Liberties for that model year their Incentives for the next year start to kick in. Now for this year the Manufacturer says hey you sold 120 modles last year how bout we give you 150 Liberties this year for X,XXX.XX each and we will remove the hold back and give you 6 options for each of the 150 models at no cost to you. Meanwhile the cunsomer is Ignorant and doesnt know any better that the dealers who move 200-300 cars a year actualy get a reduced price from the auto manufaturers.
That is why it is SOO important to educate yourself and join any and ALL clubs that realy do work like Consumer Reports, Wholesalers Clubs and the like. Dealerships are like any other company in the world. If you think for one minute that the dealerships are only making 500-600 bucks on every car in their lot, then why do they have 10-20 salesmen per dealership? Its hogwash. They mark their product up just like any other company.

I think it varies depending on the vehicle. Truecar has the Silverado at 8k over what I paid for it