re: Updated v.3.16 - Will Cover's 2018 buying guide to purchasing a new vehicle

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Is there anyway around giving up info to get a base price of a new car

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As one previous post stated, I usually just give them their own dealership #. If that doesn't work then I stick with ole faithful. 8675309

Hey fish, I have a free google voice number I give out in those situations. Pretty simple to get one.

I lease because I drive under 10k miles a year and like having shite under warranty.

I pay for my usage of the vehicle, just like I pay NTTA to use the tollway.

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What is it you are trying to say?

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Is it not self-explanatory? He's advocating buying a basically new car that's not going to have much pf a discount compared to new, but will have reduced warranty, wear and tear, etc. Outside of luxury brands (where massive depreciation is still very real), that is pretty much the worst way to buy a vehicle. It's too new to get the benefits of buying used, while being too old to get the benefits of buying new.

Thanks will cover. I used your guide last month buying a new 2018 GMC Sierra slt 4x4. The sticker was over 53k. I paid 40k, got them to put in a bed liner and weather mats. They offered me 7k for my trade and they came up to 7500.

I had to use gm financing to get that price which is a joke bc the rate for 72months was 4.99 compared to 1.99 that my credit union gave me prior to walking in the dealership. Anyway, I took the deal, financed with gm, and before 30 days and my first payment was due, refinanced with my credit union.

I know they made money on me and I’m ok with that. I feel like I got a fair deal mostly bc I watched the price of the truck sitting on the lot for 6 months before I stepped foot in the dealership.

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What do you guys think about, for a slightly used vehicle, where a great vehicle/price is found but is located a pretty good distance away (~120 miles), risk of agreeing to price via email then driving all the way there and getting fricked, i.e. Price higher or vehicle not available? Is that just part of the game; is it rare for established dealerships; any way to guard against it?
Thanks!

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Never had that happen to me, but I would think putting a deposit down would alleviate that issue.

Can’t wait to read this when i have time this evening. Thanks for the post

5. Never negotiate off “MSRP.” The negotiation process should start from the DEALER COST (which is less than INVOICE)

How do you go about finding out what the "real" dealer cost is? Seems like this would be a secret guarded like fort knox.

I purchased a 2018 Honda Ody last year below dealer cost because there’s also volume incentives they have. December is a great time to shop due to this.