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re: Do used car lots honestly put their best price out there on internet?

Posted on 10/29/15 at 10:36 am to
Posted by Chad504boy
4 posts
Member since Feb 2005
179931 posts
Posted on 10/29/15 at 10:36 am to
quote:


then walk away.


they all are acting the same with their snotty internet prices.

quote:

. Lots of cars for sale.

not this one, this little miles, this cheap with this color!
Posted by tlsu15
Capital of Texas
Member since Aug 2011
10551 posts
Posted on 10/29/15 at 10:38 am to
quote:

and then sales rep has a nice rack, we still pissed?


Where are you buying?
Posted by KosmoCramer
Member since Dec 2007
80761 posts
Posted on 10/29/15 at 10:40 am to
quote:

would be if the rate is right.


I'd shop around for a rate on that particular vehicle, get pre-approved through the lender with the lowest rate you can find, then go in there and negotiate on rate and price.

"I'll buy the car right now if you take $150 off the selling price. I'll even let you have the financing if you can beat my rate."

Let the chips fall. If you don't like the deal, walk.

Chances are if they don't budge at that point, that's as low as they'll go.
Posted by achenator
Member since Oct 2014
3334 posts
Posted on 10/29/15 at 10:41 am to
quote:

I doubt it too but even if he comes off $3K, which is still a good deal for someone, he is making more than the 10% people are throwing around.

There were several other deals I thought were very fair for trucks considering the demand for them.

Did it need ANYTHING? Even a set of tires or some basic maintenance on a dually can eat a hole in that profit quick. Also he may be trying to make a few extra bucks because he lost his arse on something else. It's all about what the market will bear.
This post was edited on 10/29/15 at 10:42 am
Posted by Gaston
Dirty Coast
Member since Aug 2008
41694 posts
Posted on 10/29/15 at 10:43 am to
Last used car I bought this was the story. They said they hired a company to actively price the vehicles as competitively as possible. I had been watching this car on the internet and they were in fact lowering the price every month or so. I called when I thought I had waited enough, and the price was where I thought it should be. I had no problem paying what they asked...but the vehicle was VERY unique and I knew there wasn't another out there.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22548 posts
Posted on 10/29/15 at 10:46 am to
quote:

Because of they high ball on the Internet, they will never get calls.

They have to price very competitively online since the market is much larger.


I don't agree or at least it depends on the dealership. I looked at a Tundra at Team Toyota, they wanted 31k for it. Looked it up and provided something similar that was less and wound up paying around 26.5k for it.

In the same day, I saw a F150 at Capitol GMC and they wanted 28k for a 2011 Lariat with 86K miles! It sat there for 5 months prior. They didn't even budge 200 dollars. I left and bought the Tundra. 5 months later, I still see that truck there.

Then you have douche bags like the people at Net Auto in Richland that think putting a few upgrades on the truck warrant 7-8k more for a truck. For instance, they have a 2012 silverado crew cab LT Z71 with larger tires and a leveling kit with 71k miles go for 30K!
This post was edited on 10/29/15 at 10:49 am
Posted by N2cars
Member since Feb 2008
40389 posts
Posted on 10/29/15 at 10:51 am to
They make it up on fees "that everyone pays".

email them and get the OTD price...

Used car dealerships aren't as bad as pool builders, but they're close.
Posted by BabyrayS2k
Member since Nov 2012
778 posts
Posted on 10/29/15 at 11:05 am to
Yes.
Posted by DHS1997
BATON ROUGE
Member since Nov 2014
867 posts
Posted on 10/29/15 at 11:12 am to
60 days is not that long on a used car. That's barely above avg time. And if you are looking at a truck or full size SUV the book values are increasing on some of these because of the low gas prices and demand. Smaller dealerships usually will come off the price quicker because the floor plan cost is so much greater than a large dealer group.
Posted by blueboxer1119
Baton Rouge
Member since May 2013
9869 posts
Posted on 10/29/15 at 11:13 am to
I bought a truck a few months ago (certified used) and the online price was 31k. The sticker was higher. I paid 28k.

Salesman did tell me I would get a better deal financing through them, so I read paperwork very closely, financed through them, then recently refinanced through a credit union for almost 1/2 the interest. Went from 4 something to 2.9%.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141237 posts
Posted on 10/29/15 at 11:14 am to
quote:

not this one, this little miles, this cheap with this color!


Then pay their price and be happy!
Posted by maisweh
Member since Jan 2014
4222 posts
Posted on 10/29/15 at 11:15 am to
quote:

Then you have douche bags like the people at Net Auto in Richland that think putting a few upgrades on the truck warrant 7-8k more for a truck. For instance, they have a 2012 silverado crew cab LT Z71 with larger tires and a leveling kit with 71k miles go for 30K


sounds like don's wholesale
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 10/30/15 at 11:58 am to
Or a detail? Scratches fixed? I'd bet the oil was changed?
Employees? Overhead?

God forbid they make a little money.

Also, it ALMOST NEVER works to give a person your best price. I've never sold a car when I gave a person "my bottom dollar" price. The buyer doesn't believe you, and they want to play the negotiation game starting at the bottom dollar.
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