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

Posted on 11/20/18 at 8:07 am to
Posted by GREENHEAD22
Member since Nov 2009
20508 posts
Posted on 11/20/18 at 8:07 am to
So the truck I want is a little unusual so most dealers say I would have to order it. However they say they cant use rebates because they can only use the rebates that are offered at the time of delivery. Is this true and is there anyway to get the price down if ordering a vehicle? Tia
Posted by el Gaucho
He/They
Member since Dec 2010
58439 posts
Posted on 11/20/18 at 8:13 am to
Why create so much hassle for the dealer? Most of us have your best interest in mind and we have our own kids to feed and don’t have time to fight with you wiseguys that want the “internet deal”

I’d like to see the internet try to do a free complimentary oil change or give you a ham at Christmas
Posted by p&g
Dixie
Member since Jun 2005
12995 posts
Posted on 11/20/18 at 8:34 am to
I love buying vehicles.

Buyer has the power.
Know what you want and what you’ll give.
The won’t do it? Walk.


I’ve done it countless times.
I love seeing the sales guy come running out store after me ... happened this summer when I bought another truck.

I said nope... not what I offered.
You make them feel really stupid.. I’ll give you this or I’m going here to get it.
Let them decide.
This post was edited on 11/20/18 at 8:35 am
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
48705 posts
Posted on 11/20/18 at 8:34 am to
quote:

Why create so much hassle for the dealer? Most of us have your best interest in mind




Yeah like the guys at Eddie Tourelle Nissan in Covington who sold a wrecked car as a new car to someone I know.

I know there are good guys in the car game but most of them will break a dick off in your arse if given half a chance to make a extra buck. Nothing wrong a salesman trying to get the best deal he can for his sale. but don't fault the customer for doing the same.
Posted by X123F45
Member since Apr 2015
29428 posts
Posted on 11/20/18 at 8:46 am to
quote:

they can only use the rebates that are offered at the time of delivery. Is this true


Yes.

quote:

Is this true and is there anyway to get the price down if ordering a vehicle?


Just pit three dealers against each other.
Posted by BlackAdam
Member since Jan 2016
7026 posts
Posted on 11/20/18 at 8:56 am to
Used this method when i bought my last vehicle. It was a 2 year old Yukon XL. It was priced below what I determined to be the average price for vehicles with a similar age, trim, and mileage. By just not saying anything but "no", and "that's not good enough" I was able to get another 1800 off, 5 free oil changes, and some floor mats.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 11/20/18 at 9:53 am to
Business trucks to haul light stuff around I like the Chevy Colorado crew cab.

I bought 10 of them this June and got them for $19,750. White, 4cylinder, 2 door with small rear cab, automatic, and power windows and locks. Employees like the ride over the Nissan frontiers I use to buy.

I sold my last group of 2016 Chevy Colorado’s similar package for $14k.
I had a guy buy them all no questions asked to resale on his car lot with cash in hand.


Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 11/20/18 at 10:25 am to
Step 1 is utterly ridiculous.
A) Why would you let your DL out of your sight, even if the dealer needs to make a copy of it before allowing a test drive, fine make a copy while I stand here and then hand it right back to me

B) Auto dealers carry their own insurance that covers their vehicles during test drives because obviously just because you have auto insurance doesn't mean it has good enough coverage to replace that Honda Civic if you total it during a test drive, auto dealers make sure their insurance will , so they don't even need a copy of your insurance card, they don't care. They ust have to assure you are a licenses driver else their insurance will not pay if something happens while you are driving.

Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
48705 posts
Posted on 11/20/18 at 11:04 am to
quote:

I like the Chevy Colorado crew cab.
. This will be my next purchase most likely. Currently have a 2011 Silverado. Had it in the shop awhile back and they gave me a Colorado z71 LT loaner for the day. That thing drives like a dream and has a lot more power than you would expect with the V6. Just can’t see a reason to buy another full size truck. The size of the 2019’s is crazy. They dwarf my 2011 model. My 2011 Silverado is not much bigger than the Colorado.
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
2997 posts
Posted on 11/20/18 at 11:29 am to
the only warranty add-on I got on my new truck last year was for the tires - for an extra $10 a month on the note. Those BF Goodrich KO2s run over $200 a piece installed and I work in construction. Over the last 18 months, all four tires had to be replaced for roofing nails and sheet metal screws.

I pull up to Price Leblanc and actually enjoy watching the service rep's face when they quote the price for a new tire, and then it's, "Oh...I see you have a tire warranty. And you've been here twice already this year...oookay. There's no charge, just sign here."
This post was edited on 11/20/18 at 11:37 am
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
2997 posts
Posted on 11/20/18 at 11:34 am to
quote:

Just pit three dealers against each other


I did this. Walked in to Price Leblanc with Covington and Kenner dealer sheets in hand. PL caved after about 2 hours of back & forth.
Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 11/20/18 at 11:37 am to
quote:

for an extra $10 a month on the note
is that per tire or just a flat $820?
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
2997 posts
Posted on 11/20/18 at 11:40 am to
$10 a month, all four tires, no limit per year. Had the truck approx 18 months now. The first 9 months I had to replace three tires due to nails and screws. The fourth was replaced recently when I ran over a covered up culvert & the edges shredded a tire.

ETA: you bet your arse I didn't tell them that I'm on construction sites 4-5 days a week when they said it was only $10 a month extra on the note. I was thinking, sheeeiiit yall gonna lose money!
This post was edited on 11/20/18 at 11:44 am
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
21760 posts
Posted on 11/27/18 at 6:37 am to
Paid $2100 (about a 6.5% discount, and then the $1500 rebate) under factory invoice on a new truck using this method. Not the absolute lowest I could've gotten but I was happy with the service and features that were thrown in. One thing I'd add is that once you get the lowest price a dealership "says" they'll offer, call every dealership within a few hours of you with a comparable package and tell them what the first dealership offered, fudging the numbers a little bit. It saved me money just by saying "well x has the same exact truck and they offered me y, so you have to beat that."
Posted by t00f
Not where you think I am
Member since Jul 2016
101225 posts
Posted on 11/27/18 at 6:45 am to
if I am doing a loan I get preathorized and after I do a test drive I write the amount I am willing to pay on my business card and tell them call me if that’s acceptable and walk out.

I already know what the car costs and what their profit margins are. New that is.
This post was edited on 11/27/18 at 6:46 am
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16821 posts
Posted on 11/27/18 at 7:17 am to
quote:

I already know what the car costs and what their profit margins are. New that is.


And how do you know this info?
Posted by t00f
Not where you think I am
Member since Jul 2016
101225 posts
Posted on 11/27/18 at 8:28 am to
quote:

I already know what the car costs and what their profit margins are. New that is.


And how do you know this info?


Holdback is the only variable
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42789 posts
Posted on 11/27/18 at 9:01 am to
quote:

But in terms of actually building wealth, leasing is not a good option. Having any kind of note that goes to a depreciating "asset" is not a smart financial move. However, one must weigh what is really important to them, how much enjoyment they are going to get out of it right now vs. delaying pleasure.


But couldn't you say that about renting an apartment or home you dont own?

You also still have the option to buy back.

Edit: I see I already posted in this old arse thread .

This post was edited on 11/27/18 at 9:03 am
Posted by LSUvegasbombed
Red Stick
Member since Sep 2013
15464 posts
Posted on 4/23/19 at 4:51 pm to
im looking to purchase a used 2018 tahoe possibly... I am looking on autotrader. Every single one references KBB fair market range...

However when you put the details of the car in KBB, and you reference the trade in pricing... its freaking much lower than fair market range pricing

Can i use the KBB trade in value of the same specs when negotiating the price?
Posted by Polycarp
Texas
Member since Feb 2009
5720 posts
Posted on 4/23/19 at 9:42 pm to
Always, always, always buy a vehicle on the last day of the month or the qtr. if a dealer is close to making their quota they will actually lose money on a deal, in order to make the incentive.
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