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Posted on 4/22/18 at 7:49 pm to Titan
quote:
What is your advice for purchasing used?
Dealers can make a tremendous amount of money of buying used vehicles for CHEAP and then marking them up considerably. All you have to do is think about the last time a dealer initially offered you for your used vehicle vs. what you could sell it for privately. It's a considerable difference.
Ideally, you would want to know what the black book value is for the vehicle that you are most interested in and go from there.
Posted on 4/22/18 at 7:56 pm to Will Cover
quote:
you would want to know what the black book value
How do you find out black book value? KBB is not even close.
Posted on 4/22/18 at 7:58 pm to Will Cover
How do you recommend handling the dealers that have a "one price"? In other words, it's a fixed price posted on the vehicle.
I bought a used vehicle at one of these places and that price was under the kbb.com "true value". I arranged my own financing through my credit union and I got the car with minimal to no negotiating.
Honestly, I enjoyed that process, but is there still efforts to be done more to help yourself?
I bought a used vehicle at one of these places and that price was under the kbb.com "true value". I arranged my own financing through my credit union and I got the car with minimal to no negotiating.
Honestly, I enjoyed that process, but is there still efforts to be done more to help yourself?
Posted on 4/22/18 at 8:03 pm to Titan
quote:
How do you find out black book value?
It helps if you know someone in the industry. But if you don't, you may be able to find someone online who works in the industry that may share that information with you. It's there, but you have to work for it.
Posted on 4/22/18 at 8:03 pm to East Coast Band
quote:
Honestly, I enjoyed that process, but is there still efforts to be done more to help yourself?
So, a dealer puts a good price on his vehicle, which is meant to take the bullshite out of the game, and you wonder if you can bullshite in the no bullshite game?
Out of curiosity, what does the consumer really want? My experience shows that you guys only want to talk about a car purchase with no bullshite.
Posted on 4/22/18 at 8:04 pm to Titan
quote:
How do you find out black book value? KBB is not even close.
Nada rough trade in. Gets you pretty close.
Posted on 4/22/18 at 8:04 pm to East Coast Band
quote:
How do you recommend handling the dealers that have a "one price"? In other words, it's a fixed price posted on the vehicle.
If it's a new vehicle, ask them for a breakdown cost of the vehicle along with options. If they won't provide that to you, walk away and find another dealership that will.
Posted on 4/22/18 at 8:05 pm to TSLG
quote:
So, a dealer puts a good price on his vehicle, which is meant to take the bullshite out of the game, and you wonder if you can bullshite in the no bullshite game?
We found the car salesman.
Posted on 4/22/18 at 8:07 pm to East Coast Band
What I did for my last purchase was to shop auto trader across the country for trucks with my minimum options. Found the best possible price then used that to start negotiations locally. Had a local dealer beat price on a truck with a few more options. Whole transaction was painless and would buy from that dealer again in the future.
Posted on 4/22/18 at 8:11 pm to notiger1997
quote:
We found the car salesman.
You couldn't be further from the truth; I hate what the car industry does to you guys.
But that guy effectively said that the price seemed very fair, but he wanted to know a tactic to beat them down lower.
The consumer acts like they want Walmart style, but I think yall are full of shite.
This post was edited on 4/22/18 at 8:11 pm
Posted on 4/22/18 at 8:13 pm to bee Rye
quote:The best car for the best money is buying a used car from someone you know who is buying a new car. You can get a reliable vehicle history and pay trade in value for the vehicle. The problem is the infrequency in coming across this scenario.
I plan on paying cash for a gently used SUV this week. Any tips for that specific scenario?
Posted on 4/22/18 at 8:14 pm to Volvagia
quote:
there is a price point to be had where they are worthwhile.
I think you definitely want to insure it is not financed, it is paid for outright or then you are taking it in the shorts for sure
This post was edited on 4/22/18 at 8:14 pm
Posted on 4/22/18 at 8:20 pm to notiger1997
Identify the type of vehicle you want, for example, 2018 F-150 with Lariat package. (It helps to not be particular about color).
Email the internet rep of all the dealers in your area (Houston, too, if you're willing to ttavel) and ask for the best price.
Call the 2 with the best opening price and get them to email you the OTD price on the specific vehicle that you've found on their website. They will whine, but they'll do it.
Buy from the one you feel best about.
On extended warranties, which are an excellent idea if you're going to keep it over 5 years, search vehicle-specific forums.
There is always one dealer selling them for $100 over cost.
You have 30 days to buy one and you don't have to buy it from the selling dealer.
It really is not a complicated process.
Email the internet rep of all the dealers in your area (Houston, too, if you're willing to ttavel) and ask for the best price.
Call the 2 with the best opening price and get them to email you the OTD price on the specific vehicle that you've found on their website. They will whine, but they'll do it.
Buy from the one you feel best about.
On extended warranties, which are an excellent idea if you're going to keep it over 5 years, search vehicle-specific forums.
There is always one dealer selling them for $100 over cost.
You have 30 days to buy one and you don't have to buy it from the selling dealer.
It really is not a complicated process.
Posted on 4/22/18 at 8:40 pm to Will Cover
quote:we have a few different cars on dealer lots we are going to go look at. So I should not mention I will be paying in full until after a price has been negotiated?
If you're buying from a dealer, they prefer for you to finance the vehicle through them rather than pay cash
Posted on 4/22/18 at 8:49 pm to bee Rye
General rule of thumb is discuss price first, terms second.
Posted on 4/22/18 at 8:50 pm to stillplayswithcars
Buying Extended warranty is financing repairs which is a terrible idea.
Posted on 4/22/18 at 8:55 pm to bee Rye
quote:you have an advantage if you are ready to pay that day. They want the sale.
So I should not mention I will be paying in full until after a price has been negotiated?
You don't tell them about outside financing until price agreed upon
This post was edited on 4/22/18 at 8:56 pm
Posted on 4/22/18 at 8:55 pm to DownshiftAndFloorIt
quote:guess I should leave the duffel bag full of cash in my other car until we nail down a price then
General rule of thumb is discuss price first, terms second.
Posted on 4/22/18 at 9:01 pm to Will Cover
This plan absolutely works. I got $10k off my F-150 using this method.
When I sat down in the finance room after agreeing to a price, the finance guy goes “I hear you’re a peach.”
To me the silence AND not ever naming an actual price is the best part about the Will Cover method. “That’s not good enough” without ever saying a specific amount is powerful.
When I sat down in the finance room after agreeing to a price, the finance guy goes “I hear you’re a peach.”
To me the silence AND not ever naming an actual price is the best part about the Will Cover method. “That’s not good enough” without ever saying a specific amount is powerful.
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