- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
MSRP vs Dealer Best Offer
Posted on 11/27/17 at 12:46 pm
Posted on 11/27/17 at 12:46 pm
Richards Honda has a Vehicle at $3000 below MSRP as their dealer pricing best offer via email. Haven't even stepped on the lot yet but at about 8% that looks like a good average price per True Car. How much lower should I be able to get you think? 2017 model.
14
Posted on 11/27/17 at 12:47 pm to Clark W Griswold
2017 is almost over
i'd expect more than 3k, but it depends on what vehicle it is
i'd expect more than 3k, but it depends on what vehicle it is
Posted on 11/27/17 at 12:48 pm to Clark W Griswold
quote:
Clark W Griswold
trading the station wagon for an Odyssey?
Posted on 11/27/17 at 12:54 pm to Clark W Griswold
quote:
Richards Honda has a Vehicle at $3000 below MSRP as their dealer pricing best offer via email. Haven't even stepped on the lot yet but at about 8% that looks like a good average price per True Car. How much lower should I be able to get you think? 2017 model.
MSRP means nothing, and there are a LOT of factors involved. Is this a popular model that everyone is looking for?
I don't think Honda has anything 2017 model that really would qualify, so we'll say no.
Realistically you should not pay more than 5% over the Dealer's true cost.
That is invoice price (not MSRP but Dealer's invoice) - Dealer holdback - manufacturer to dealer incentive
Here's actually a pretty good site that explains it
LINK
Posted on 11/27/17 at 1:03 pm to HeyHeyHogsAllTheWay
quote:
Realistically you should not pay more than 5% over the Dealer's true cost.
You got a crystal ball? Unless the owner of the dealership or the guy who wrote the check tells you the dealer cost, then there is no way to know what they are paying. Even still I doubt I would believe them, they all lie. I would have to see the check with my own eyes.
So realistically you should only pay what you feel the car is worth.
I'll go ahead and sit back and let all the sales lot trash warm up their downvote buttons. At least one will chime in claiming to know how much a dealer pays for their inventory.
This post was edited on 11/27/17 at 1:04 pm
Posted on 11/27/17 at 1:03 pm to Clark W Griswold
Do your research and make the lowest reasonable offer you can think of. The worst they can tell you is no (which I'm sure they will). At that point ask for a counter. At that point you can at least set a bracket and start to work towards a middle ground. Remember, never be afraid to walk away. You are the one potentially giving THEM money, not the other way around. Make them turn down that sale/money
Posted on 11/27/17 at 1:07 pm to HotKoolaid
quote:
You got a crystal ball? Unless the owner of the dealership or the guy who wrote the check tells you the dealer cost, then there is no way to know what they are paying. Even still I doubt I would believe them, they all lie. I would have to see the check with my own eyes.
So realistically you should only pay what you feel the car is worth.
I'll go ahead and sit back and let all the sales lot trash warm up their downvote buttons. At least one will chime in claiming to know how much a dealer pays for their inventory.
MOST dealers will show you their dealer invoice. The tricky part is figuring out what hold backs and manufacturer incentives the dealer is getting off that invoice so you can make a real offer. The link I provided earlier goes into much further detail.
Posted on 11/27/17 at 1:08 pm to Tigeralum2008
quote:
trading the station wagon for an Odyssey?
Its a truckster
Posted on 11/27/17 at 1:22 pm to HeyHeyHogsAllTheWay
quote:
MOST dealers will show you their dealer invoice
No business is going to show customers their overhead costs. It's not happening. You're welcome to believe it all you want if it makes you feel better.
Posted on 11/27/17 at 1:27 pm to HotKoolaid
quote:
No business is going to show customers their overhead costs. It's not happening. You're welcome to believe it all you want if it makes you feel better.
You honestly have no idea what you are talking about. Of course dealers will show you the dealer invoice if you ask, that's what their entire selling paradigm is based on. They have an MSRP and then they have a dealer invoice, and they hope that most people know what the figure is for both and will pay somewhere in between not realizing that dealer invoice =/= true dealer cost.
THAT is the part dealers don't want you to know about. How much THEY get off of that dealer invoice.
Do you really not understand that? Do you not realize that any dealership would sell cars for 5% above dealer invoice all day long and be thrilled if at the same time they avoided selling any for 5% above true cost?
Posted on 11/27/17 at 1:37 pm to HeyHeyHogsAllTheWay
quote:
They have an MSRP and then they have a dealer invoice, and they hope that most people know what the figure is for both and will pay somewhere in between not realizing that dealer invoice =/= true dealer cost.
Lol you're stupid.
Posted on 11/27/17 at 1:42 pm to HotKoolaid
quote:
Lol you're stupid.
Yeah I'm stupid, that's why the link I provided earlier from Edumnds stated exactly what I have stated . You should expect to pay 3-5% over dealer true cost , expect for particularly popular models where there may be a premium due to demand. Now , how could you be expected to pay 3-5% over true cost unless you KNEW true cost, you dumb shite?
Go to your local dealer and ask for a dealer invoice on a model you are looking at, odds are great that they will give it to you.
See, I use facts to make a case, you use I don't know what you use. But it isn't logic.
Posted on 11/27/17 at 1:43 pm to HeyHeyHogsAllTheWay
quote:
THAT is the part dealers don't want you to know about. How much THEY get off of that dealer invoice. Do you really not understand that? Do you not realize that any dealership would sell cars for 5% above dealer invoice all day long and be thrilled if at the same time they avoided selling any for 5% above true cost?
I'm pretty sure that is what he just said in his post.
Posted on 11/27/17 at 1:46 pm to OceanMan
quote:
I'm pretty sure that is what he just said in his post.
What? Not hardly he's arguing that a dealer won't show you their invoice and that you should pay whatever the car is worth to you.
Your point makes zero sense.
Posted on 11/27/17 at 2:02 pm to HeyHeyHogsAllTheWay
quote:
What? Not hardly he's arguing that a dealer won't show you their invoice and that you should pay whatever the car is worth to you
They will show you whatever you want to see, if it makes you buy a car. The big question is, do you believe what the sales guy is telling you? If yes, then I hope you' are happy with your purchase. I'm done here.
Posted on 11/27/17 at 2:07 pm to Clark W Griswold
Be sure to finance it for 80 months at 1.9% and use the savings to put your kid through college.
Or take that Carnival cruise you and the Mrs's are always dreaming about.
Or take that Carnival cruise you and the Mrs's are always dreaming about.
Posted on 11/27/17 at 2:07 pm to HeyHeyHogsAllTheWay
Also, if the car has been on their lot for better than 90 days, they've likely eaten up hold back thru floor plan interest payments .
Posted on 11/27/17 at 9:17 pm to Clark W Griswold
I would expect about 7% off 2018 and at least 10% off a 2017. Google the Honda forums and you'll get what kind of deals buyers are currently getting.
Posted on 11/27/17 at 9:26 pm to lsu xman
quote:
at least 10% off a 2017
Yep. I got 12% off a pilot
In Fort Worth though
This post was edited on 11/27/17 at 9:27 pm
Posted on 11/27/17 at 9:29 pm to Clark W Griswold
LINK
Here is a pretty recent 5 part article on the current state of dealer pricing , what invoice price is and is not, dealer holdbacks, incentives and more current methods used by dealers to profit on a car even when selling below invoice.
Here is a pretty recent 5 part article on the current state of dealer pricing , what invoice price is and is not, dealer holdbacks, incentives and more current methods used by dealers to profit on a car even when selling below invoice.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News