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re: Is there a buying process that is more soul crushing than buying a vehicle at a dealership
Posted on 4/26/21 at 2:16 pm to Salmon
Posted on 4/26/21 at 2:16 pm to Salmon
quote:
I don't know why people are giving you grief about test driving 5 different vehicles
Because you generally know what you want and the price range. I'm not test driving a vette,camaro, Silverado, Tahoe, and a suburban in one day because I want a new vehicle. Need and price range narrows it down a good bit.
2
Posted on 4/26/21 at 2:22 pm to Deactived
quote:
and regardless of what they tell you, they are not selling the car below their cost.
No dealer will sell below cost even if they show you how much they have into it vs how much your paying due to the manufacture “holdback” meaning of say a dealership pays $10,000 for a vehicle, they will have a “invoice of $10,300” GM it’s always 3% some cases 4% so no matter what as long as the dealership sells the vehicle for $10,300 they make $300 so no matter what even if they claim to “break even” as soon as the vehicle is reported sold the manufacture will send them the holdback %
Posted on 4/26/21 at 2:22 pm to Deactived
quote:
Because you generally know what you want and the price range.
This is how I usually do it. This time though, we were faced with dropping ~$1,500 on her car this week to repair it, when we were already sort of looking for something new for her. This news came Friday a little after lunch, so we decided to move up the car buying on our schedule and buy one this weekend.
We had a budget and she had a general idea what she wanted. This place had several on their lot she liked, but she wanted to drive them first before making a final decision. That part is totally on us, and is something we would have done more efficiently had we not been on a tight schedule to get her into something.
It still took 3 hours from the time we decided on the vehicle to the time we left the car lot. And this was after we had already been pre-approved for financing. But I have since learned that the pre-qualifying doesn't really mean shite.
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