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Edmunds Pricing & TMV

114 messages,  Last post on Nov 12, 2009 at 10:44 AM

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#36 of 114 Passat GLX 4Motion Wagon Invoice pricing by btettemer Apr 30, 2004 (6:12 am)
Anybody know how Edmunds arrives at it's $30008 invoice price for a GLX 4Motion? My calculations give me a figure closer to $30911, with $28008K as a base price GLX, $1073 for triptronic, and $1540for 4Motion.
#37 of 114 Used 2004 TL by ljwalters1 Mar 31, 2005 (12:48 pm)
I bought a used 2004 TL w/ 6MT, sport tires & nav system for 30,000. The car had 11,000 miles on it. Do you think that was a good deal? Replies to this message: kirstie_h (Mar 31, 2005 4:46 pm) ljwalters1 (Apr 01, 2005 5:44 am)
#38 of 114 Re: Used 2004 TL [ljwalters1] by kirstie_h HOST Mar 31, 2005 (4:46 pm)
Replying to: ljwalters1 (Mar 31, 2005 12:48 pm) You'll get a better response if you post in one of these discussions: Acura TL: Prices Paid & Buying Experience Real-World Trade-In Values   Remember to post your location, since pricing can vary. Replies to this message: ljwalters1 (Apr 01, 2005 5:44 am)
#39 of 114 Re: Used 2004 TL [kirstie_h] by ljwalters1 Apr 01, 2005 (5:44 am)
Replying to: kirstie_h (Mar 31, 2005 4:46 pm) Thanks, Kirstie.
#41 of 114 Reading a Dealers Invoice by tmhbuyer May 30, 2005 (10:08 am)
Can someone please help me understand what all the numbers and accronyms mean on a dealers invocie? And, how do you know if you have a "real" invoice and not a fake one?
#42 of 114 Invoice by mirth May 31, 2005 (10:35 am)
If the price of the options on the invoice match Edmunds, then it's a "real" invoice.   The dealer's invoice might contain advertising, etc. costs charged to them by the manufacturer and/or the regional consolidator (I'm thinking Toyota here). Edmunds and KBB will not show that because it varies immensely from place to place.   As far as the acronyms go, Edmunds has them in their invoice so look them up. KBB has them too.
#43 of 114 Question reliability of price data by pa_fisherman Jul 23, 2006 (4:36 am)
Recent car buying experiences have caused me to question the reliability of the data used by Edmunds, NADA, Black Book and others to produce TMV, etc (that is if I understand the source of their data). To explain ... I have noticed that each time I have negotiated a price on a trade-in deal, the price adjustment is always placed on the used car trade in value instead of as a reduction to the one being purchased. For example ... I trade in a 12 year old worn out sedan with 160k miles. Not worth a whole lot, so I expect $500 to $1,000, and this is consistent with reported trade-in values. It's also consistent with the dealers first offer. We start negotiating, and when the deal is done, I negotiate $2k off the price. When the paperwork is printed, the used car trade in value is suddenly $3k, and the price of the car being purchased is sticker.   To me, this does 3 things. First, it causes the database of car sales maintained by the State to be misstated. Second, it gives the Used Car dealer "paperwork" they can use against the guy the comes in to buy the trade-in to show that they "have $3k" in the car. And lastly, it causes the value estimates produced by Edmunds and others to be misstated with respect to what "people are paying in my area".   This would be no fault of Edmunds or the other value providing sources, they can only estimate from the info. that is available for them to gather.   Thoughts on this question / concern? Replies to this message: bowulf (Jul 23, 2006 9:46 am) jmonroe (Jul 23, 2006 10:46 am) sc00bs (Jul 23, 2006 10:56 am) wythany (Aug 09, 2006 4:34 pm) tmorr42 (Jan 28, 2009 9:23 pm)
#44 of 114 Re: Question reliability of price data [pa_fisherman] by bowulf Jul 23, 2006 (9:46 am)
Replying to: pa_fisherman (Jul 23, 2006 4:36 am) I had the same experience recently in purchasing my new Hyundai. Rather than negogiate off the sticker price, they negogiated up on the trade-in value. In the end, I was about $2500 up from what TMV said about trade-in on old the minivan, but I was still paying MSRP. I equated it in my head to paying about $300 over invoice, but of course, I would be one who notoriously "paid sticket for my vehicle" according to the books.   If there were no tradein, the dealer presumably would only work off the sticker price. Could my purchase skew data -- probably, but at least in my case, I believed I got a good deal. Perhaps, Edmunds only records straight-up sales rather than sales distorted with trade-ins.
#45 of 114 Re: Question reliability of price data [pa_fisherman] by jmonroe Jul 23, 2006 (10:46 am)
Replying to: pa_fisherman (Jul 23, 2006 4:36 am) Recent car buying experiences have caused me to question the reliability of the data used by Edmunds, NADA, Black Book and others to produce TMV, etc   I also questioned the accuracy of the TMV and it created quite a stir among the posters on forum " PURCHASING STRATEGIES - QUESTIONS & SUCCESS STORIES" post #2027. Since you are fairly new to Edmunds you might want to do a little reading. It gets old and goes around a couple times but you'll get the idea.   I'm also from PA, maybe there is something in the air or the water that makes us skeptical.   Happy reading,   jmonroe

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