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re: Your Negotiation Skills - Let's see them!

Posted on 3/17/23 at 4:33 pm to
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
15466 posts
Posted on 3/17/23 at 4:33 pm to
quote:

Dealership tells you someone is interested in buying this vehicle this weekend.


“Welp. I hope it all works out for you. Sell this bad boy.”
Posted by Indefatigable
Member since Jan 2019
35461 posts
Posted on 3/17/23 at 4:34 pm to
quote:

OP's dealer is offering MSRP.

Until you go back in the office and the smarmy fricks start wanting to tack shite on to the agreed upon price.

frick dealerships I don’t want to haggle when purchasing just about anything. Zero patience for that bullshite. I can get a car somewhere else, without being constantly hit up for more money.
This post was edited on 3/17/23 at 4:36 pm
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
15466 posts
Posted on 3/17/23 at 4:37 pm to
“This is my offer: Nothing. Not even the fee for the registration which I would appreciate if you paid for yourself.”
Posted by GeauxHard
Cypress, TX
Member since Jan 2004
64 posts
Posted on 3/17/23 at 4:53 pm to
"If you have a buyer lined up this weekend, I do not want to stand in the way of that. However, if the deal falls through for any reason, here is what I want you to do. Pick up the phone first thing Monday and give me your BAFO on the vehicle. If acceptable, I will come in and purchase the vehicle. If not, I have two other options and will go there instead. No harm, no foul. Have a great weekend!"

Do Not give them a price
Do Not share competitive intel
Do Not mention trade
Do Not mention your approved rate

If they call you back with a compelling offer, use the trade and the rate to smooth out the final bumps
Posted by ThatTahoeOverThere
Member since Nov 2021
4526 posts
Posted on 3/17/23 at 5:09 pm to
quote:

Here's what I will pay, and that's it. Take it or leave it.



Posted by BabyTac
Austin, TX
Member since Jun 2008
15559 posts
Posted on 3/17/23 at 5:12 pm to
I’ll give you $20k only because I’ll never spend more than that on a vehicle. Take it or leave it.
Posted by ThatTahoeOverThere
Member since Nov 2021
4526 posts
Posted on 3/17/23 at 5:13 pm to
quote:

I'm not paying that much for one. Period.


Posted by 427Nova
Member since Sep 2022
1722 posts
Posted on 3/17/23 at 5:18 pm to
I offer and then walk away. You’re playing black Jack with someone who always knows the hole card. You are at an extremew disadvantage. I will walk 9/10 times. They all have their hand in your pocket and everyone is interested in car. Good, they got lots of car lots.
This post was edited on 3/17/23 at 5:25 pm
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 3/17/23 at 5:29 pm to
quote:

I feign the effort to suppress laughter in front of the salesman, then let him continue the sales pitch.


You’re not wrong but I’ve actually bought a vehicle out from another interested couple because they couldn’t pull the trigger. I had no clue what negotiations were but we ended up with the truck. Was a bit awkward but shite or get off the pot.

If someone is the only person there ready to buy or outside interest, ya I’d laugh.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
19764 posts
Posted on 3/17/23 at 5:46 pm to
quote:

Dealership tells you someone is interested in buying this vehicle this weekend.


Irrelevant. Dealerships will always sell to the guy in the store at that moment. They never count on future sales.
Posted by 3D
NJ
Member since Sep 2013
1278 posts
Posted on 3/17/23 at 6:06 pm to
I would say, I wanna buy it.... but Im not buying it on Sunday or Monday
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
60587 posts
Posted on 3/17/23 at 6:10 pm to
quote:

“This is my offer: Nothing. Not even the fee for the registration which I would appreciate if you paid for yourself.”


Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 3/17/23 at 6:25 pm to
Ask the salesperson for a kiss. When they look at you confused, tell them you like to be kissed when you're being frickED.

Posted by not Jack
Texas
Member since Jan 2018
483 posts
Posted on 3/17/23 at 7:04 pm to
Just keep driving your mom's old Camry.
Posted by Barrister
Member since Jul 2012
5171 posts
Posted on 3/17/23 at 7:07 pm to
Bag of cash.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49741 posts
Posted on 3/17/23 at 7:08 pm to
I only shop for cars when I don’t need or want them and always shop at at least 3 dealers and never pay more than 500 over invoice ever. I am obviously not dealing with this crazy bullshite
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11300 posts
Posted on 3/17/23 at 7:09 pm to
quote:

Most modernish vehicles can push 200,000 miles with some maintenance.


I can confirm. I have a 2012 Honda Odyssey with 230,000 miles. Engine is a beast. If I can make it to 300,000, I may see if I can make it to 1,000,000 and see if Honda will buy it back for a new one.
Posted by CleverUserName
Member since Oct 2016
15951 posts
Posted on 3/17/23 at 7:33 pm to
quote:

Dealership tells you someone is interested in buying this vehicle this weekend.


You know that’s straight up bullshite don’t you?

If you look at a car.. someone is always about to buy it. Always. Every car on every lot is practically sold. Same for houses. Every house for sale is almost sold to other people.
Posted by Cracker
in a box
Member since Nov 2009
19060 posts
Posted on 3/17/23 at 7:42 pm to
Don’t be a dumbass BUYING local thats the biggest mistake you people make.
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
22035 posts
Posted on 3/17/23 at 7:54 pm to
quote:

Selling you a brand new car, $60,000 MSRP sticker, your number one choice in exact detail. There is 1 on the lot. Dealership tells you someone is interested in buying this vehicle this weekend.

Same brand/model/car but 65% of exact details in dealerships within 100 miles. Similar price.

Your number two choice, different brand/model/car, is available in other dealerships within 100 miles, but is $66,000 MSRP sticker, 10% higher price and missing significant feature that you want.

The car you own is in decent shape but won't be reliable in next 2 years

Your credit is very good

Low interest rate financing for 60 months is available

You have as much cash as you are willing to spend for this particular car


First I will never again buy a car that has to be today. If you are not willing to walk then you have zero leverage. These car companies make lots of cars besides the one on the lot.

Credit? I am not borrowing money for a $60k car. Make a cash offer. If the dealer wants to agree to a cash sale price and throw in 0% financing on that sum of money then that could help on cash flow if you so desire.

Always trade if you have one but dont put it on the table until you have a cash price. Trading will reduce your sales tax better than selling it outright.
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