Last post on Mar 16, 2013 at 5:18 AM
You are in the Smart Shopper
What is this discussion about?
Mar 29, 2011 (11:11 am)
I recently ran across a car buying service called Carwoo. According to the site, you input the specifics about a car that you are looking for (I am looking at purchasing a new car) and they solicit offers from various local dealers. According to the site, the dealer only sees your first name and last name initial and the car that you want to buy, no other contact information. In addition it appears that through the site you can correspond with each dealer to get a better price (ie tell the dealer you already have an offer at $xx,xxx, can they beat that?). If you like the offer, then you commit to the buy. I am not sure if this is by the site providing you the contact information for the dealer or if you commit to buy that the dealer gets your contact information. This part of the service supposedly is free. For an additional fee you can set up what they call a reverse auction with local dealers. I am not sure what that is or how it gets you a better price.
My questions are these: has anyone used this service?, has anyone bought a car through this service? did you really remain anonymous during the procedure?, did you get the best price using this service?, did you use the reverse auction?, what is the reverse auction?, was the reverse auction worth the fee in the amount that you saved on the car?
#760 of 769 Cars Direct Pay Too Much
Mar 30, 2011 (2:36 am)
Here is all one need know about Cars Direct. Today, March 30, 2011 for a 2011 Nissan Rogue, AWD SV with an MSRP of $25,300 the Cars Direct Target Price in the DC area is $23,137. For the same vehicle, with the $25,300 MSRP, the True Car price is $21,267. Why would anyone use Cars Direct?
Oct 14, 2011 (7:47 am)
I'm not certain if CarsDirect pricing has improved much since the last poster. I'm looking to buy a new Hyundai Sonata and just started shopping for prices. However, I noticed that they have a buying outlook, which seem quite interesting. Thought I'd share this: http://www.carsdirect.com/hyundai/sonata/prices
#762 of 769 USAA and Costco
Nov 16, 2011 (6:22 am)
If you have access I highly recommend using the USAA car buying service. They show you the pricing right on the web site. Just be aware that they do not always show all of the incentives and rebates. So your price could be even lower. The car I bought had an extra $1000 rebate if you financed and the manufacturer also had loyalty rebates and an active duty military rebate if you qualified that USAA did not show. I tried the USAA dealer and he did not get back to me on the car I wanted. It was a 2011 that is in short supply.
I tried the Costco buying service to see how they compared on price. They were $100 more than USAA and the Costco dealer found the car I wanted. So I bought it from them.
#764 of 769 Re: USAA and Costco [rming]
Dec 28, 2012 (10:39 pm)
Carsdirect is not buying the cars at dealer invoice, they're buying them at the bank invoice price. Most dealerships do not own their cars, they are bank or company owned. That's how they were given such large checks towards down payments, that is part of the difference of the pricing. Dealer and employee invoicing sales are noting special ask for 500 above bank invoice and see what happens, odds are they will laugh at you.
#765 of 769 No Responses from Carwoo [rming]
Jan 30, 2013 (7:34 am)
After selecting several dealers, then slogging through the carwoo signup process, I did not receive a single response prior to purchasing late in the day.
May have been due to my short time requirement (which was mentioned in my request).
#766 of 769 Re: No Responses from Carwoo [mikeytp]
Jan 31, 2013 (3:50 am)
I too have attempted to use Carwoo a couple of times. I really got nothing useful either time. One time I did get a couple of quotes which were not as good as quotes I got on my own.
I suspect dealers have concluded folks who use Carwoo, or True Car, are reluctant to negotiate and are only looking for a discounted price. Dealers likely do not provide their lowest price to Carwoo inquiries.
Really, when purchasing a vehicle, nothing replaces actual negotiations with the sales staff. And, IMHO, it is always best to initiate contact with a dealer through the dealer's internet staff.
#767 of 769 CarWoo = Car Poo
Feb 08, 2013 (10:34 pm)
Similar experience here. Tried using CarWoo three times. Twice, I received no response from any dealer. The other time, only one dealer responded and he didn't even have an offer, he just asked me to give him the chance to match any other offer I got.
#768 of 769 What does it hurt to try?
Mar 16, 2013 (5:09 am)
Carwoo is anonymous and free. What does it hurt to try? Contrary to the other posts here I got a great offer on Carwoo. Almost too good to be true. What I wonder is if the dealer is obligated to honor the price?