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Negoiating with car dealership

Posted on 9/20/17 at 5:00 pm
Posted by Wes225
Member since Jan 2017
727 posts
Posted on 9/20/17 at 5:00 pm
What are some good ways to negotiate with a dealership on a used vehicle or on the value of my trade in? Also is it better or worse to negotiate through email/text?
Posted by 3HourTour
A whiskey barrel
Member since Mar 2006
21407 posts
Posted on 9/20/17 at 5:02 pm to
Show them your dick
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
76116 posts
Posted on 9/20/17 at 5:03 pm to
quote:

car dealership


Stealership
Posted by SDTiger15
lost in Cali
Member since Jan 2005
11441 posts
Posted on 9/20/17 at 5:03 pm to
Jump on top of the guys desk and take a shite.

That way he knows you will do anything...
Posted by FenrirTheBeard
NOLA
Member since Jun 2012
6488 posts
Posted on 9/20/17 at 5:03 pm to
The best strategy for negotiating is being able to walk away from the deal if you don't get your number.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66955 posts
Posted on 9/20/17 at 5:08 pm to
Just remember you can't negotiate the finance. That's a bank thing. Take the 9.9%.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 9/20/17 at 5:09 pm to
Will cover thread on money board

Posted by ClientNumber9
Member since Feb 2009
9410 posts
Posted on 9/20/17 at 5:20 pm to
quote:

Also is it better or worse to negotiate through email/text?


Most dealerships have an "online sales" guy that handles negotiations over the phone for internet listed vehicles.

As far as going in to negotiate, the best thing you can do is know your price and walk away if you don't get it. Trust me- if they can sell if for that and still make profit, they won't allow you to leave. The longer you're in a dealership, the worse it is for you. Once you've been there 2-3 hours, you're far more likely to leave with a new vehicle. It's psychology and they are really good at wearing you down.
Posted by OceanMan
Member since Mar 2010
20568 posts
Posted on 9/20/17 at 5:24 pm to
NADA guides for both. Know the values of the 2 vehicles, make an offer lower than the difference between trade in vales (they won't accept, you are fishing for counter). Make it in person if you are already positive this is the vehicle you want. Walk out when they refuse to deal. They will call you back.

Just make sure you have the info to know what is a good deal, and you are in great shape.

Eta: as seen above there is a ton of good info on the money board on this topic
This post was edited on 9/20/17 at 5:27 pm
Posted by MEANGREEN65
Funkytown, TX
Member since Oct 2014
777 posts
Posted on 9/20/17 at 5:36 pm to
Make it clear to them you don't want to talk about your trade-in until you have agreed on the price of the vehicle you're buying. They are separate transactions. If you let them work on them together, that is when you lose leverage and they start moving money around in their favor.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124694 posts
Posted on 9/20/17 at 5:38 pm to
Offer him a blowjob or a handjob
Posted by GCTigahs
Member since Oct 2014
2132 posts
Posted on 9/20/17 at 5:39 pm to
I bought a new truck last December. I watched prices at various dealerships via cargurus.com. Then with 2wks left in the month, I began contacting various dealership to negotiate. I told them I would be buying a vehicle before the end of the month.

Never found any good deals locally in South MS/AL/LA so I ended up flying to Little Rock on Dec 26th to buy a GMC 2500 from Everett GMC. Easiest car buying experience I've ever had and well worth the $300 plane ticket. I was home by 7 that night. Negotiated all via email.

Best satisfaction was when a sales guy in Hammond called me back to give me a better offer while I was in Little Rock. I told him what I was about to pay and he said he couldn't touch that price. Everett is pure volume if you're interested in a GMC.
Posted by Tigers58
Athens, AL
Member since Jun 2005
1076 posts
Posted on 9/20/17 at 5:46 pm to
quote:

What are some good ways to negotiate with a dealership on a used vehicle or on the value of my trade in? Also is it better or worse to negotiate through email/text?


There is only one way.

1) Know what you want and do your research ahead of time (options, packages, etc..)
2) Know what you are willing to pay and never tell them that amount.
3) Call a couple dealerships, let them know what you want and also let them know you are shopping around.
4) Most important part .... Let them know that they should talk to their boss, sales manager, etc before they ever get back to you and get a no shite best price. Make sure they know this is a must .. because once they speak a number it is either good enough or it is not good enough. There is NO negotiating!! If it is good enough I buy the car. If not .. simply walk .. never turn around.

Posted by TigerRob82
Baton Rouge
Member since Nov 2014
406 posts
Posted on 9/20/17 at 5:57 pm to
Just remember they should give you Full Retail Value on your old stinky trade in, and you should pay less than invoice for the new car off the showroom floor.
Posted by el Gaucho
He/They
Member since Dec 2010
54736 posts
Posted on 9/20/17 at 5:58 pm to
You know car dealers have to make a living too you know? Every time one of you people comes in and tries to "name your own price" you're taking money out of the salesmans pocket
Posted by Chiefagain
Member since Nov 2016
1808 posts
Posted on 9/20/17 at 5:58 pm to
Anything less than 15% below MSRP and you're getting robbed.

Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 9/20/17 at 6:12 pm to
There is plenty of sound advice here. I will add: after you buy the car, do NOT keep shopping to see if a cheaper one popped up. It has, it’s 5 grand less than you paid, and it’s right down the street in the color you really wanted.
This post was edited on 9/21/17 at 9:20 am
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18956 posts
Posted on 9/20/17 at 6:53 pm to
I have a question myself if OP doesn't mind a slight hi-jack.

I'm saving for a down payment for a 4runner. I would like to put down a big down payment to keep the note low. Is there a limit on how much or suggestions on how much I should put down? This would be my first vehicle that I buy entirely on my own. I paid for my current one entirely, but my dad helped with the dealer being that I was 18 at the time.
Posted by redneck hippie
Stillwater
Member since Dec 2008
5697 posts
Posted on 9/20/17 at 7:14 pm to
last car I bought, didn't really have a strategy, just kinda dumb lucked into this.

I was in the market. I had gone to truecar.com where you can lock in your price, no hassle, but you have to go to a truecar.com dealer, which was about 100 miles away. Truecar also gives you an idea of what people paid for a car and what I should generally expect as a fair price or even an excellent price.

I guess I had to give truecar my phone number to get access to their site.

Decided to start local and see what they offered. Went to the first place. I was upfront about how I had gone onto truecar.com and had a good idea of what I wanted to pay and where we needed to get to.
We test drive, go into the back and start negotiations. He starts the old back and forth, "gotta run it past my boss" BS. So he comes back after the first pass. they could probably do it.

While I'm sitting there my phone rings. I looked, didn't recognize the number and sent them to voice mail. I was actually surprised when they left a VM.

So here we go again. I make a lower offer. He goes into his boss's office. While he's gone I listen to the voice mail. It was the true car dealer 100 miles away and he was ready to deal.

When the salesman came back he wasn't really wanting to budge. So I say, "you won't believe who that phone call was from. It was from the truecar.com dealer 100 miles away and he's ready to deal."

All of a sudden we were in business. He matched truecar's "good price" and offered me another 2k on my POS trade in.

Posted by diamond hog 12
Fayetteville, Ar
Member since Aug 2013
89 posts
Posted on 9/20/17 at 7:24 pm to
Be willing to walk the frick out.
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