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Smart Shopper Buying Tips - How Do I Get the Best Deal?
5169 messages, Last post on Oct 29, 2009 at 11:33 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
What kind of leverage can I expect to gain if I can walk into a Mercedes Benz (C240, C320/350, or E320/350) or Volvo (S40 T) dealership with cash/check in hand? I should be in this position with no need to finance within the next 3-6 months. I still have heartburn over buying brand new vs. buying slightly used because of depreciation, but I will have the option of buying new or used. Any thoughts would be appreciated. 
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Replying to: goddess_1 (Aug 31, 2005 3:47 pm) We have been paying cash for our cars since 1976 because that is the way we like to do it. I guess we pay more doing it like that, but it makes ti simpler, and that is what we like.
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Replying to: bobst (Aug 31, 2005 6:49 pm) Thanks for your input. I guess I should expect to play a game, then, and not reveal how I plan to finance until the vehicle price is negotiated. Or, I could always lead them to think I'll finance thru them and then "change my mind." Ugh, I hate this process!
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Replying to: goddess_1 (Sep 01, 2005 12:08 pm) Most dealers will give you their best price, if they are positive you are ready, willing and able to complete the purchase... If they feel you are just shopping, they tend to not take you seriously, when it comes to price... I think that is more important than whether you are borrowing the money, or writing a check. regards, kyfdx |
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Replying to: goddess_1 (Sep 01, 2005 12:08 pm) I think it is easier to just be up-front and make a clear offer instead of trying to play a game with sales people who are much more experienced than we are. We think buying cars is a very enjoyable experience. |
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Replying to: goddess_1 (Aug 31, 2005 3:47 pm) I think Kyfdx is getting a little carried away with his new position .... you're buying a Benz, maybe a Volvo .. 90% of these buyers pay in cash -- meaning they're probably drawing off a home equity loan or some investment product ... these dealers do very little in finance penetration, so your check (certified) won't raise any eyebrows ......................  Terry.
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An interesting site that mentions the Edmund.com site as a vital resource toconsumers while also offering a product to teach the details of negotiating for a new car in dealerships. It's called carnegotiate.com. Cusrious if there are any comments on it?
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Replying to: rroyce10 (Sep 02, 2005 5:01 am) Thanks for your thoughts! 
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I'm pricing the G35, and considering the AWD model. MSRP is $33,710 Invoice is $31,052. How much should I exepect to pay? Edmunds says expect to pay the full MSRP. That's a dealer profit of $2,660 BEFORE the holdback!!!! (FYI-- located in Boston area) All advice is appreciated |
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this is a perfect example of a little information is bad and too much information is never enough. The dealer just wants you to buy a car, they do not care if you finance or pay cash. If you finance the car we make a few extra dollars but it really doesnt matter that much. Rolled quarters are fine with me for payment but not a credit card.
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