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Smart Shopper Rebates, Incentives, APRs - Questions & Comments
3978 messages, Last post on Nov 30, 2009 at 9:19 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
| I just visited a dealer and was given the invoice and the numbers matched the Edmunds numbers - and he offered to sell at the invoice price. So, that means they make the 3% holdback, right? Then on the trade - I used Edmund's figures on my 90 Accord EX manual trans. without ABS & leather but with everything else including a phone with 157,000 miles and came up with $2700 and he offered me $2000. He said in order to get my business he may be able to add some accessories but that's about it. I think we're $700 off, am I right? Going back tomorrow. | |
| Double check your figures using Microsoft's Carpoint or Intellichoice's Window Sticker + | |
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I received a mailing from GM this weekend indicating that low interest rate financing is available on the Firebird (2.9, 3.9). This is missing from Edmunds' list??? |
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I'm being told by my local Honda salesperson that there is no 2% holdback for Canada. Can anyone verify this? There certainly are holdbacks for the big 3. I'm rather skeptical of this claim. He also says that Honda works from a 7% margin, not 5%. Needless to say, I've already started looking for quotes elsewhere but am curious about the 2% holdback issue. BTW, adding 40% to U.S. MSRP for the CRV works out very close to the advertised CDN price. |
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| I ordered a Dodge Ram in August, and it is FINALLY about to get here. I just heard an advertisement for $1000 cash back on 1998 Rams. Can I qualify for that? | |
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To liang, Re: is this a good deal? Your calcultations seem correct. Keep in mind that dealers are more wiiling to deal especiallty towards the end of the year. Double check your figures and the car buying tips from Edmunds and if everything matches up, buy the car for the lower price. By the way, I bought a 97 Accord at invoice, basically 2.5%. They profited the dealer holdback but i was able to "pass" the destination and handling charge to them. Helps if you are informed. |
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| Is it true, that the dealer inv. price for the base model of a 1/2 ton truck already includes the destination charges & adv. or FDAF assessment. If they add it on top of the dealer inv. price it is pure profit to them! | |
| I have seen a 'regional' promotion rebate from Toyota- a $500 coupon for purchasing 1998 Toyota new cars (valid until 1/5/98). I found it from http://www.toyota.com, clicked on the 'dealer services', then used the 'dealer locator' to check my local dealer information. This special program I found so far covers most of the west PA. You can check if it is good at your area. Good luck! | |
| I looked under Edmund's "Dealer Rebates / Incentives" and found nothing for Volvos. Do they not have any, or is there simply no information on it? My husband and I are buying tomorrow and need to know fast --- any ideas? | |
| There are some dealer's in my area who call themselves "high volume/discount" dealers. I assume that this means that they pay Honda, etc. less than the invoice price for the cars on their lots. Is this actually another "figure" that I should factor into my bid, or are they just monkeying around with the other values that services like Edmund's reports on (eg. holdback, rebate, etc.)? If this is another separate discount, how can I determine its amount? Any ideas?? | |
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