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Internet vs. Traditional Car Buying

3011 messages, Last post on Aug 27, 2009 at 10:23 AM
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Replying to: lrguy44 (Apr 21, 2009 7:34 am) You got two replies. golic is a consumer, lrguy44 is a salesperson. (Not knocking golic. I like his posts). As they say, YMMV -- Your mileage might vary The one thing they both agree on (and I agree too) is that you need to be as specific as possible to let them know you're a serious buyer. Best of luck, and let us know how you make out.
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Replying to: verdugo (Apr 21, 2009 7:40 am) One more question...is it good to tell the dealer up front that I want to pay the car with cash. (actually a credit card to get the points and then pay that off) Thanks!! JC
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Replying to: jungle_cat (Apr 21, 2009 9:15 am) FAIK, most dealers won't let you buy a car w/ a credit card. So, I would certainly mention that upfront. |
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Replying to: jungle_cat (Apr 21, 2009 9:15 am) And especially if you're planning to put your purchase on a credit card, ask the dealer ahead what's the most they'll take on credit cars, as usually the limit is $3000 - $5000 due to high service charges that a dealer has to pay for credit card transactions. You may not be able to put your whole purchase on credit card. Good luck.
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Replying to: boomchek (Apr 21, 2009 9:26 am) JC
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Replying to: jungle_cat (Apr 21, 2009 11:09 am) It's always a good idea to let a dealer know how you plan to pay for a car. However, there aren't any discounts for cash. |
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Replying to: lrguy44 (Apr 21, 2009 7:34 am) If you do go the RFQ email route, don't be one of those people who say you won't accept phone calls. When I have sent out my email requests in the past, I would use the response to determine if I would continue dealing with that dealer. Those that were come on down and will talk, I put on the back burner. Those that responded with a price or a phone call I would engage further. I have often gotten the best price over follow up phone calls when the dealer knew I was serious about buying and not using him to shop price and save $100 over another guy. keep us posted.. |
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Replying to: jungle_cat (Apr 21, 2009 11:09 am) Secondly the best way to get quotes is by going to the dealer’s website. Find a car that you are looking for and ask for the itemized Out the Door price for that stock number. Asking for quotes works. Here are some examples of first responses I received last week on a $35K+ Honda Odyssey. Hello, My name is XXXXXX, and I am the Internet Salesperson at xxxxx Honda in xxxx VA. Here is the breakdown you requested on the 2009 Honda Odyssey EXL DVD: Sale price $28,774.00(includes freight) Processing fee 189.00 Title fee 20.00 Tag Fee 38.75 VA Taxes 926.44 Total Out the Door $29,948.19 Please let me know that you received my offer, and if I can further assist you. Thanks! Here is another one: From your inquiry, I understand you are interested in the 2009 EX-L Odyssey with DVD . Your on the road price is as follows $28,035 Odyssey + $670 freight (destination-same thing) + $99 processing fee = $28,804.00 taxable total + $864.12 VA tax 3%, + $115 out of state title work fee + $15 temp tag + $43.75 tags + 2.00 reg. card + $10.00 title + $6.00 lien fee = $29,859.87. The price is based on 3% sales tax, if you county is higher, that is not assumed, nor are any inspections or emissions that may be required. Our price is good for 3 days and in stock units. Sterling Gray is currently in stock. Have you driven the Odyssey? If not, when would be a good time to do so? We are open Monday - Friday from 10-9 and Saturday from 9-6. And this is the best one: MSRP: The Manufacturers Suggested Retail Price or MSRP represents the selling price recommended by the manufacturer for the vehicle you are considering. MSRP on your vehicle is $35,425.00 Invoice: The price the dealer pays to buy a car from the manufacturer, exclusive of hold back or other discounts. Very seldom is this the bottom line of the cost for the vehicle to dealers. Invoice on the vehicle you are considering is $32,250.80** Dealer Holdback: An allowance paid by the manufacturer to the dealer to allow the dealer to purchase a vehicle for less than the invoice price. Dealer holdback on the vehicle you are considering is $695.10 Dealer Cash: An incentive to a dealership from the manufacturer to assist in selling a particular model. The dealer cash that is available on the vehicle you are considering is $2,500.00 xxxxxxx Honda of xxxxx Internet Discount*: A special incentive from our dealership to you! Your Internet Discount is time sensitive: Purchasing within 72 hours a discount of $500* Purchasing within 1 week an additional discount of $300* Purchasing before the end of the month an additional discount of $200* Your quote is based on the following formula: Your Quoted Price-Dealer Holdback-Dealer Cash-xxxxxx Honda of xxxxxxx Internet Discount. $32,250.80-$695.10-$2,500-$500*=$28,555.70** |
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| You can find some good deals on used cars on backpage.com. There's a whole automotive section for people selling their cars. I found my Honda Civic there last month and got a great deal. I definitely would recommend checking there if you're looking for a used car. | |
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Replying to: exb0 (Apr 21, 2009 4:52 pm) And they say dealers play games. I don't care if it is finance or cash until after the deal is done. There are 3 separate transactions in a car deal, car, trade and payment. |
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