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re: Should car dealerships have the capability of negotiating via email or text?
Posted on 7/21/23 at 11:44 am to BigBinBR
Posted on 7/21/23 at 11:44 am to BigBinBR
quote:
quote:
I highly doubt an offer made before you even come in will be the best offer.
It won’t. I drove by a dealership on a Sunday and looked at vehicles. One had a “Sale” sticker with a sale price painted on the windshield. I emailed them on Monday and asked them about the truck and they emailed me their “best” price was $1,000 more than what they had painted on the windshield.
Not true. Hit enough dealers via email, and you'll find the true transaction price bottom. I've done this over and over, sometimes I had to go to the dealer to sign papers, other times as noted above I signed at an airport.
Specific example: Bought a car some years back that was high demand and very rare. The dealer had it on their showroom floor with a "Market adjusted value" of +$4k on it. I emailed the dealer group, whose internet sales guy was sitting at a different brand dealer 2 miles away. He sold me the car via email for well under sticker, all factory rebates included.
On another car, during the COVID car shortage, a dealer who wanted to make a sale didn't have the color I wanted, but did have the best price in Texas. I turned him away a couple of times on his car, and he finally said "Who has a car you like?" I gave him a link to the car I wanted at another dealer 100 miles from him who also had a "market adjusted value" on the car. First guy was selling for sticker less a rebate. He swapped cars with the high priced dealer, and sold me the car I wanted at his price.
Posted on 7/21/23 at 11:59 am to Lester Earl
quote:
Do people still lease cars? Is that an option until car prices go back down? Having a bit of a market shock, but not sure it is because I’m being cheap lol
If you don't mind me asking....why would you lease? Do you tend change vehicles every couple of years?
If that's what you do - why? Even with how expensive cars are now, you can still get a Camry for under $30K that you can sell to a teenager in 10 years. And it will still be running reliably then too. You might even be able to get the hybrid model for that price and really save cash.
Posted on 7/21/23 at 12:27 pm to Lester Earl
quote:
Do people still lease cars? Is that an option until car prices go back down?
We are considering doing it, but haven’t even started pricing it out and comparing things yet.
Have had a horrible situation recently with the wife’s car having problems.
We are going to sell it outright if we don’t trade.
Need to get something for our second kid before school starts as well and am considering just leasing the car for my wife for now until prices come down and dropping about $7k on a piece of crap for my kid to drive for the sr year.
Posted on 7/21/23 at 12:35 pm to vistajay
That’s a good idea Jay., I have one that has played ball so I may go that route
Posted on 7/21/23 at 12:38 pm to dewster
quote:
you don't mind me asking....why would you lease? Do you tend change vehicles every couple of years?
I just don’t treat car buying like I used to. I want something semi nice to drive but I don’t want a $700 car note. I don’t mind leasing if it can cut into my monthly cost. That doesn’t seem likely either tho based on my early findings
Posted on 7/21/23 at 1:02 pm to Lester Earl
Leasing is expensive right now because of higher interest rates. But check out Leasehackr web site. They have brokers who will give you a better deal with transparency, and the site itself has pre-negotiated deals on certain cars. I've leased through a broker before (Auto Companion) and it was the most pleasant car transaction I've had.
Posted on 7/21/23 at 1:27 pm to Lester Earl
You really just have to be willing to wait for the right dealer and right deal. Unless you NEED a vehicle you have all of the leverage because you can simply say no and walk away.
Things aren't back to "normal" but you certainly should not be paying MSRP or above on anything.
I even had 3k knocked off an Escalade (which I ultimately didn't buy). A year ago they would have been asking 10-15k OVER msrp.
Things aren't back to "normal" but you certainly should not be paying MSRP or above on anything.
I even had 3k knocked off an Escalade (which I ultimately didn't buy). A year ago they would have been asking 10-15k OVER msrp.
Posted on 7/21/23 at 5:03 pm to Lester Earl
Last car I bought in 2020 they evaluated my trade in and accepted an offer on the new car before I ever set foot in the dealership
Posted on 7/21/23 at 5:19 pm to Lester Earl
I only negotiate with them over text. Never had one tell me no.
Posted on 7/21/23 at 7:07 pm to theOG
If it's a car company with a ton of dealerships in a few hour drive from you, follow this procedure:
1.) Google all of the car companies, create a simple spreadsheet to log who you have reached out to. You will need to start with between 50-100 dealerships. Use a junk email account. You will get spam for years.
2.) Go to their website and only contact them them through the website. Leave no phone number. If you leave a number, they will ignore the email and call you.
3.) Provide the exact order codes for the model you want and any options. Limit options you must have. If they find one with another option, they can list it next to the final price.
4.) Ask them to provide their price and all dealer required fees.
5.) Once you get to the right price range, then pick up the phone and call them to talk.
6.) Only go in person on the day you are ready to buy. If anything changes whatsoever, you leave immediately.
Of the ones you first contact, 50% won't reply at all, and half of the ones that do will just be an internet person in the back who gives you mostly a runaround to get your number or get you to call. That, or you will get a complete idiot who ignores basic information from the original request. Get ready to cut and paste your original response back to the same person multiple times when they ask stupid questions. A small percentage will play ball. You will wind up with about 5-10 who actually have a human, and most of them will have inflated prices anyway. Expect to get to about 2-3 real folks you'll work with out of the bunch.
1.) Google all of the car companies, create a simple spreadsheet to log who you have reached out to. You will need to start with between 50-100 dealerships. Use a junk email account. You will get spam for years.
2.) Go to their website and only contact them them through the website. Leave no phone number. If you leave a number, they will ignore the email and call you.
3.) Provide the exact order codes for the model you want and any options. Limit options you must have. If they find one with another option, they can list it next to the final price.
4.) Ask them to provide their price and all dealer required fees.
5.) Once you get to the right price range, then pick up the phone and call them to talk.
6.) Only go in person on the day you are ready to buy. If anything changes whatsoever, you leave immediately.
Of the ones you first contact, 50% won't reply at all, and half of the ones that do will just be an internet person in the back who gives you mostly a runaround to get your number or get you to call. That, or you will get a complete idiot who ignores basic information from the original request. Get ready to cut and paste your original response back to the same person multiple times when they ask stupid questions. A small percentage will play ball. You will wind up with about 5-10 who actually have a human, and most of them will have inflated prices anyway. Expect to get to about 2-3 real folks you'll work with out of the bunch.
Posted on 7/21/23 at 7:34 pm to vistajay
Yea Leasehakr. You can get a 50k vehicle for $250 a month. But a lot of dealerships don’t want to learn anything new, and you will spend hours trying to get the deal to work.
Posted on 7/21/23 at 8:40 pm to GEAUXT
quote:
You just have to be open and honest with them. I told them immediately that I wasn't trading, I was paying cash
Never do this. You get a better deal taking their financing as they see this as where their profit is. Buy and them immediately pay it off. Dealer hates this but you got a better front end price.
Posted on 7/21/23 at 11:19 pm to Lester Earl
Read the How to Negotiate segment
This post was edited on 7/21/23 at 11:21 pm
Posted on 7/22/23 at 10:16 am to Drizzt
quote:
Never do this. You get a better deal taking their financing as they see this as where their profit is. Buy and them immediately pay it off. Dealer hates this but you got a better front end price.
I'm not trying to set a record for lowest price ever paid. My goal is to get a fair price as easily as possible.
Posted on 7/22/23 at 1:34 pm to Drizzt
so take their financing and just re-finance after?
Posted on 7/22/23 at 6:47 pm to dewster
Why would you want an EV? They are trash
Posted on 7/23/23 at 11:40 am to Lester Earl
Sure, I've got a new Subaru Outback coming in next month and I never have set foot in the dealership. Mostly via email and a couple of phone calls. They wanted me to come in but I declined. Subaru dealers mostly sell at sticker price with no negotiation involved (some find ways to add on but this dealer isn't). I know what I want, no reason to waste my time on this one. My last new car was bought entirely by fax, and that did involve a little haggling with 4 different dealers to see who would give the best price.
Posted on 7/23/23 at 12:19 pm to Tigris
quote:
Sure, I've got a new Subaru Outback
Was this a local dealership? If you don't mind me asking, which version and price?
This post was edited on 7/23/23 at 12:25 pm
Posted on 7/23/23 at 9:58 pm to MikeyFL
Which dealers have you found success with via Costco?
Not sure if it’s timing or what, but I’m in NOLA and Toyota and Suburu were only brands I found to participate in the program locally — and the closest one was in Hammond
Not sure if it’s timing or what, but I’m in NOLA and Toyota and Suburu were only brands I found to participate in the program locally — and the closest one was in Hammond
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