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Smart Shopper Out The Door (OTD) Pricing questions
228 messages, Last post on Sep 07, 2009 at 1:13 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
| Yeah, if the "Prices Paid" forums don't leave me with the warm fuzzies, I usually just take a figure less than halfway between Edmunds Invoice and TMV and start negotiating there. Of course, you also have to pick an upper end number (for me, slightly less than TMV) that you won't go over. That's where a lot of gamblers get in trouble - not picking the amount to walk away. | |
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Last March I read a lot of posts on the Honda Accord 'Prices Paid' forum and most of them were not much help. Lost of people had trades and they bragged about the low price they were getting on their new car without realizing they were getting a very low value for their trade. However, I finally saw one about a guy paying $500 under invoice at a dealer in Manassas VA. That gave me a reason to offer that much for an Accord, and they accepted. Also, I went through the dealers Edmunds listed and a couple gave me a price of invoice right away over the internet. I think your idea of using TMV as an upper end number makes a lot of sense. |
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| Yeah, I see that a lot on Prices Paid, or people bragging about getting "invoice + $100" without saying what "invoice" was (did it contain a $500 charge for advertising, the $299 doc fee, etc?). | |
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Replying to: steine13 (Sep 11, 2005 11:43 am) It is my mission to do better than Sticker/MSRP.... |
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Replying to: nortsr1 (Sep 11, 2005 8:30 am) I wish I could take someone who is a seasoned veteran with me. Thanks for the heads up about the Finance guy... I am not one of those who will buy something that I cant afford. I want to pay cash when I go to the dealer. I prefer to get my financing elsewhere, unless they can match a good % rate I get prior to going to the dealer. Are you a dealer?
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Replying to: krs1 (Sep 13, 2005 1:01 pm)
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Replying to: sj2000 (Sep 17, 2005 8:22 pm) Remember, you never know what price the dealer will accept until you go there with your checkbook and make a firm offer. The dealer may say they will only accept $30845. However, if you offer $29000 and are ready to write them a check right then and there, they may accept. On the other hand, they may give you the same boot the Australian parliament wanted to give Bart Simpson. If that happens, please don't do what Bart did. In short, you never know what will happen if you make an offer. That is what makes car buying so much fun. |
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I am still a little nervous about the OTD I came up with. Here is what I planned on emailing as a OTD As Reference points: 06 ODY EX-L RES (DVD) & Nav Edmunds TMV= $33,848 MSRP/Destination (Edmunds) : $35,145 OTD = Invoice & Destination (per Costco Auto Program) $31,673 + $1,270 (Fees Taxes & Such... per someone who lives in Va Beach & posted on Price Paid forum ) = $32,942 Question to All is .... OTD $32,942 an Unrealistic Price to be Paid??? I want to be viewed as a serious buyer & not viewed as ridiculous, brushed off b/c "too low ball" by the dealerships I will email. Help me out here Ya'll... All comments welcome. "bobst" got a opinion?? You taught me a lot via these posts....  Dealers Please way in.... ThNX |
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Replying to: krs1 (Sep 27, 2005 5:38 pm) . When talking with the sales person on the phone, they were all professional and easy to work with. I ended up offering one $300 less than his original offer and I'm picking it up tomorrow. . An easy transaction, though if I bought a month ago before Katrina, Rita, and gas price hikes, I could have probably got one for about 500 bucks less....oh well, I got what I was looking for, at the going rate, and the experience was excellent. . One more note, don't get hung up on what someone else posted as the deal they got. I've found out there's so many things that affect "the going rate". |
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Replying to: krs1 (Sep 27, 2005 5:38 pm) Why? Because you are sending it via Email. much beter to go there in person with your checkbook in hand. They will probably decline your offer, and then you should leave. Maybe they will follow you out to your car and say they accept it, like has happened on our last three car purchases. On the other hand, they may let you leave, as has also happened to us. Then you have ABSOLUTE PROOF that your offer was too low and you know you will have to increase it. By the way, I have no idea if your offer is reasonable or not because I haven't done the research on the Oddity. Good luck.
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