240 messages,
Last post on Nov 18, 2011 at 6:46 PM
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#233 of 240 Re: Negotiating using TMV - what if dealer price is already lower? [rjmerryman]
by deltheking
Sep 19, 2010 (9:31 am)
The TMV values are very good for new cars ,but for used cars they are grossly inflated and overpriced. A rough estimate would be to try to get the Edmunds private party value or somewhere between the trade in price and the private party price. That IMO is much more reasonable.
Also I would not add many options while calculating Edmunds used car TMV. These options dont add up so much on a used car. Trying pricing the Edmunds TMV using just the trim level you want to buy and dont tick off too many options-- Just select the price for that trim level and I think you will get prices closer to the dealers' listing price.
When I was buying my car-- I too noticed that Edmunds used car TMV is way too high especially when you select the available options!!
#234 of 240 Re: Negotiating using TMV - what if dealer price is already lower? [rjmerryman]
by rjmerryman
Sep 20, 2010 (7:17 am)
Thanks for the advice!
#235 of 240 OTD by email
by bodi
Oct 21, 2010 (12:46 pm)
Hello,
I am trying to get OTD pricing by email (new car). I have asked 3 dealers. They keep emailing saying they cannot contact me by phone,I don't want dealers ringing all hours of the day. I keep asking for the quotes in writing, they just won't do it.
Is this normal or do I shop elswhere?
Thanks.
#236 of 240 Re: OTD by email [bodi]
by jipster
Oct 21, 2010 (1:42 pm)
Yeah, it's normal. Most dealerships use that "free price quote" stuff to get you into their dealerhship, or to get you on the phone... where they will talk you into coming to their dealership. They don't want you to shop their numbers. You can try other dealerships, some out there will actually work with you via email. Or, you could look at dealerships inventory (online) and be specific on what particular car you want to buy when emailing. Or, you can figure out what you want to pay and make an OTD offer via email.
#238 of 240 Not everyone knows what OTD means. -sigh-
by pengwin
Oct 21, 2011 (10:52 am)
I emailed a local dealer for a price quote OTD today and this is the response:
Dealer: The M.S.R.P. IS: $24,795.00 and the Purchase Price would be: $23,794.00 (OTD)
Me: Does the 23,794 otd price include fees and TTL? If so can you itemize these numbers?
Dealer: This price does not include Sales tax, titling or licenses fees. That is your responsibility to handle that through your local Dept. of Revenue. the Sales tax amount is determined on where you live.
Me: Facepalm.
Even to this day, salesmen cant figure out what OTD means.
#239 of 240 Re: Not everyone knows what OTD means. -sigh- [pengwin]
by robr2
Oct 21, 2011 (1:16 pm)
Did you tell them where you live?
Did you tell them if you were transferring the plates or getting new?
It all may make a difference.
They gave you their OTD price. The other stuff is up to you in their eyes.
Nov 18, 2011 (6:46 pm)
I am in NJ and looking to finance a vehicle. This will be my first time. What fees tagged onto the sale price of a vehicle are okay and which ones scream scam? Comments from people in NJ are much appreciated. Thanks.