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Out The Door (OTD) Pricing questions

228 messages, Last post on Sep 07, 2009 at 1:13 PM
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Replying to: bobst (Sep 28, 2005 5:15 am) thanks for the reply... let me ask this... If you go in person and they turn down the offer and let me walk out....how do I...then go back to the same dealership with a higher offer??? or can I go back to that same dealership?? btw: of course asking them to quote first... I was thinking sending the OTD via email to test the waters, & see what kind of response I get first.. if all the dealerships are like no way, then wouldn't that be a tip off that the OTD was too low? i was figuring email was more "anonymous"???
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Replying to: krs1 (Sep 28, 2005 5:55 am) Well, like the Nike ad, you just do it. You drive back to the dealer the next day and make a higher offer. Or you go somewhere else. "if all the dealerships are like no way, then wouldn't that be a tip off that the OTD was too low?" Yep, it sure would be a tip off. But it would not be ABSOLUTE PROOF. When I was being educated as a mathematician, we had to absolutely and positively prove theorems were true. A tip off was not enough. That's the world I live in. |
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If you asked a dealership through the INternet Dept for pricing on a car...what would want them to give you? What is the way you would like to be treated? |
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Wow, allot of confusion on what OTD means Its how much money you have to give the dealer to walk out the door with the car |
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I got an internet quote for $18280 that included any rebates and plus a $299 advertising fee with Tax,title, and license for a 06 base pontiac vibe with preferred package, monotone package with 4 speed auto. I did research and found that the invoice for the car with options was $15526 (invoice) + $560 (destination charge) + invoice of options ($1782) =$17868. $17868 X 9.25% TN sales tax= $1652.79. so that brought the car up to $19020.79; I figured title and license was about 150 according to the DMV. so I counteroffered $19200.00 OTD. One thing I overlooked was that there is a $500 rebate on the car and I didn't figure it in either. since I have my own financing arranged and it is cheaper than the GM rate of 5 years. the internet sales manager simply said "sorry I can't accept, I wish I could, but I can't that was four days ago. Where should I go from here? cave in or wait and see. I already told him that I have no trade in. so I'm not hiding anything. I didn't dip in holdback and my previous offer had 500 extra from not including the rebate. so what do you guys think should be my next move? I've tried another dealer and he only offered $1100 under MSRP for the same car/options without deducting the $500 rebate. But he said if I own a non-GM car I will receive another $500 off without trade in. is this a gimmick? is GM running any rebates for dealers for people who own imports? if so, I qualify for that offer. Sorry for the long post. This is my first time buying a new car on my own. My beater from college is dying. Thanks
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Replying to: cutehumor (Mar 18, 2006 3:55 am) Here's what you can do: 1) Go to the dealer in person and make the offer. They might accept it because they hate to see money walk out the door. 2) Go to another dealer and make the same offer 3) Increase your offer 4) Buy a different kind of car
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Replying to: bobst (Mar 18, 2006 7:43 am) Internet Depts are set to to give a person a simple sale, no hassle, which alot of people really want. Take your offer into the Internet Dept and investigate further if you want. If they have the car instock and the price is close to what you are willing to pay, then maybe they'll split the difference with you. |
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| OK i found a used 2002 Acura RSX at a local dealership with 7149 miles and an advertised price of $18995. Now after taxes and fees this would be more like 21 or 22 grand. I don'nt want to pay that much but i dont have experiance with dealerships. i am planning to pay cash up front, but i dont know what a reaosnable OTD offer would be. I really can't afford much more then $17000 or $17500 out the door but i really don't think that is in the ballpark for a car with such low mileage. But i also don't know how much higher to go. Any help would be appreciated, and please if nay dealers are on here i would appreciate some honest advise from the inside mind. | |
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Replying to: skantor8885 (May 01, 2006 12:34 am) |
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Replying to: skantor8885 (May 01, 2006 12:34 am) Is it an S-Type or just standard? Does it have leather? Give me a bit more info and I could probably tell you about what they own it for depending on your region. Give me what color and where the vehicle is located too.
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