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re: Car salesman can SMD

Posted on 7/22/17 at 9:37 pm to
Posted by Devil_doge
DFW
Member since Sep 2016
2499 posts
Posted on 7/22/17 at 9:37 pm to
I did about a month worth of research on the truck I wanted before I bought it. Researched wholesale price, MSRP, manufacturer incentives (special financing, bonus cash, etc.) researched the trim and features of the exact truck I was going to buy and how much it was going to cost me while giving them a 1% profit.

They started to play the bullshite game but by doing my homework I was able to twist their arms down to a 1% profit and financed it with a loan through my credit union. I ended up paying $7500 less than the bullshite advertised "internet price."
Posted by Geauxtiga
No man's land
Member since Jan 2008
34377 posts
Posted on 7/23/17 at 10:10 am to
quote:

I did about a month worth of research on the truck I wanted before I bought it. Researched wholesale price, MSRP, manufacturer incentives (special financing, bonus cash, etc.) researched the trim and features of the exact truck I was going to buy and how much it was going to cost me while giving them a 1% profit.

How can you find out what manufacturer incentives are? Also, what exactly is a dealer holdback?
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