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Car buying question
Posted on 8/11/16 at 8:44 am
Posted on 8/11/16 at 8:44 am
How much of a discount could one expect for the following car on dealer lot
2015 Dodge Challenger
MSRP $36,300
Current price $27,900
500 miles
Thanks in advance for your input...
2015 Dodge Challenger
MSRP $36,300
Current price $27,900
500 miles
Thanks in advance for your input...
Posted on 8/11/16 at 8:45 am to Melvin Spellvin
quote:
Dodge Challenger
7th Ward Board
Posted on 8/11/16 at 8:46 am to Melvin Spellvin
that's legit.
buy it.
buy it.
Posted on 8/11/16 at 8:50 am to Melvin Spellvin
Aren't the 2016s out?
Seems too high for a used car, or is it a demo?
Daytona or Talladega?
Seems too high for a used car, or is it a demo?
quote:
500 miles
Daytona or Talladega?
Posted on 8/11/16 at 8:53 am to Melvin Spellvin
I'd aim for at least $11k off msrp. That car is over a year old already.
Posted on 8/11/16 at 8:54 am to N2cars
285 "actual" miles, assuming demo...
Posted on 8/11/16 at 8:56 am to Melvin Spellvin
Assuming it's being sold about a new unit (they still have the MSO), it's an extremely old age unit. They HAVE to get rid of it very, very soon. Once the 2017s roll in, it's a 2 year old car and the dealership has to basically "buy" it (assuming it's floor planned and owned by a bank).
So I would start at around 30-35% off. I have never worked at a dealership but I own a business that does vendor work at over a dozen dealerships and have a good idea of what they can and can't do.
So I would start at around 30-35% off. I have never worked at a dealership but I own a business that does vendor work at over a dozen dealerships and have a good idea of what they can and can't do.
Posted on 8/11/16 at 8:57 am to Melvin Spellvin
285 "actual" miles, assuming demo...
It's not a true "demo". Cars that are taken off the lot for demo purposes will be sold with 3,000-7,000 miles.
With 285 miles, it was either bought or traded from another dealership or used as a "chase" vehicle.
It's not a true "demo". Cars that are taken off the lot for demo purposes will be sold with 3,000-7,000 miles.
With 285 miles, it was either bought or traded from another dealership or used as a "chase" vehicle.
Posted on 8/11/16 at 8:57 am to Melvin Spellvin
There's only one way to get the best price on a car: do your research and find every similar car within whatever distance you're willing to drive to get it. Then work those dealers against each other for the best price.
Posted on 8/11/16 at 9:00 am to Melvin Spellvin
Has the car been previously titled or not?
If so, it is a used car.
And, why is it for sale after only 500 miles?
I'd be real cautious here...
If so, it is a used car.
And, why is it for sale after only 500 miles?
I'd be real cautious here...
Posted on 8/11/16 at 9:05 am to Melvin Spellvin
quote:
How much of a discount could one expect for the following car on dealer lot
2015 Dodge Challenger
MSRP $36,300
Current price $27,900
500 miles
Depends on their inventory, number of vehicles sold vs. sales goal for month / quarter and whether or not vehicle listed above has been "titled."
But mainly it depends on how well you can or cannot negotiate.
Posted on 8/11/16 at 9:06 am to Melvin Spellvin
quote:
2015 Dodge Challenger
80% off so you can save money for the constant litany of repairs.
Posted on 8/11/16 at 9:06 am to El Segundo Guy
thanks for all of the advice guys,
what is a "chase" vehicle?
what is a "chase" vehicle?
Posted on 8/11/16 at 9:16 am to Melvin Spellvin
quote:
what is a "chase" vehicle?
It could have come from another dealership as a trade and picked up miles that way. A chase vehicle is one that is used by the employees to go run errands like pick up a vehicle from the tint shop, or a quick loaner to a customer that has a vehicle that's getting work done, etc. A true demo is taken off the lot and has hard dealer tags and has to be driven at least 3,000 miles and then gets around a $2,000 discount.
If it still has an MSO (never been titled), then the warranty starts the day that someone purchases the vehicle.
Posted on 8/11/16 at 9:24 am to Melvin Spellvin
quote:Which class of Challenger is it?
How much of a discount could one expect for the following car on dealer lot 2015 Dodge Challenger MSRP $36,300 Current price $27,900 500 miles
Guessing SXT based on that pricepoint?
Posted on 8/11/16 at 9:28 am to N2cars
In the eyes of the FTC, it is a used car, titled or not.
Posted on 8/11/16 at 9:31 am to CajunInFL
If it is on MSO, the warranty would start when he buys it. It can legally be sold as "new".
Posted on 8/11/16 at 9:33 am to N2cars
He should also receive a Used Car Buyers Guide with the purchase of the vehicle.
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