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re: Buying a new car
Posted on 6/20/12 at 2:28 pm to medtiger
Posted on 6/20/12 at 2:28 pm to medtiger
FWIW, I went through a service called carbargains.org. For $200 they contact dealerships in your area (in my case about 10)and ask them to participate in the bidding on a (whatever car, I said a 4-Runner 4WD). Some responded with results like "Invoice + 500" or "MSRP - 1000) or, what I went with was "Invoice - 1000". Some did not respond at all. In the meantime, I was looking at Honda Pilots on Sundays, without salesmen. The wife and I started to prefer the Pilot, so I contacted Honda via email and asked them what they could do for me on a Pilot, and that Toyota said I could get the 4-runner for Invoice - 1000. He later responed and said he'd match that. So, I called him, said I'd be there in 20 minutes. He had the Pilot ready and the MSRP was 37500. I told him I'd take it if he'd threw in a luggage rack (about 500 more on to MSRP) and I'd give him 33000...about 5000 under MSRP. He got it approved. I was there about 30-40 minutes. Smoothest vehicle purchase I ever had.
Posted on 6/20/12 at 7:08 pm to lsu68
quote:
He had the Pilot ready and the MSRP was 37500. I told him I'd take it if he'd threw in a luggage rack (about 500 more on to MSRP) and I'd give him 33000...about 5000 under MSRP. He got it approved. I was there about 30-40 minutes. Smoothest vehicle purchase I ever had.
Wow! Didn't think dealerships gave that much of a discount. Good for you.
Posted on 6/21/12 at 6:56 am to lsu68
quote:
about 5000 under MSRP.
Most people negotiate off of MSRP, which is wrong to begin with. The MSRP or asking price, is a made up number.
When Joe Customer talks about, "I got $5000 off MSRP" - to him, it seems like a great deal. However, people who know how car negotiations work know that you should always start off negotiations from the dealer cost, because the invoice cost that the dealers are willing to show you already have profit built into it.
This post was edited on 6/21/12 at 7:00 am
Posted on 10/4/12 at 2:45 pm to lsu68
quote:
FWIW, I went through a service called carbargains.org. For $200 they contact dealerships in your area (in my case about 10)and ask them to participate in the bidding on a (whatever car, I said a 4-Runner 4WD). Some responded with results like "Invoice + 500" or "MSRP - 1000) or, what I went with was "Invoice - 1000". Some did not respond at all. In the meantime, I was looking at Honda Pilots on Sundays, without salesmen. The wife and I started to prefer the Pilot, so I contacted Honda via email and asked them what they could do for me on a Pilot, and that Toyota said I could get the 4-runner for Invoice - 1000. He later responed and said he'd match that. So, I called him, said I'd be there in 20 minutes. He had the Pilot ready and the MSRP was 37500. I told him I'd take it if he'd threw in a luggage rack (about 500 more on to MSRP) and I'd give him 33000...about 5000 under MSRP. He got it approved. I was there about 30-40 minutes. Smoothest vehicle purchase I ever had.
this is interesting to me. I will admit to being too busy (sometimes lazy) to deal with the whole car negotiation process. Anyone else have experience with this service?
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