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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
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Replying to: joel0622 (May 25, 2009 6:48 am) Joel and other salesfolks, Do you think that varies by region or dealership? I get the sense that you and explorer and isellhondas and volvomax have been at the same dealer, well, since the earth cooled (smart a** comments aside, I think that is a good thing overall). Here in Michigan, I have noticed that is much more "normal" where the sales guy I bought my last car from was still there when I was looking for the next one, but in some places, things are more churn and burn. I think the turnover is so high at some of the dealers that the salesfolks don't want to do the orders because they don't know they will be there next month. Do you see that as a possibility?
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Replying to: lilengineerboy (May 25, 2009 7:00 am) |
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I don;t have a lot of cash but I am looking at a new car. I have never owned one, so even if I take a bath on depreciation, so what. I have been looking around, and I still see some 2007 or 2008 new cars/never titled cars on lots (with 1 or 5 or 10 miles on them, so they are not dealer cars and the like). With the 2010 models about to come out, some of these new cars are now 2 or 3 years old. How can I determine what a good price for these cars are to talk to a sales person? It seems to me that if a car is a 2008 new car, they want it gone. I am willing to look, but I want to get a lower price. But before I talk to them, I need to have an idea of what kind of deal the dealer will take to get their problem off the lot. Thanks for your help! 
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Replying to: jkumpire24 (May 25, 2009 9:15 am) tidester, host SUVs and Smart Shopper
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tidester, The links you posted are okay, but not adequate. I've seen them and did research on them, but the kind of cars I am talking about are now old cars, never titled, but have been on a lot for years. Are they invoiced as new cars, used cars, or somewhere in between?
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Replying to: jkumpire24 (May 25, 2009 5:48 pm) Never been titled? Have you looked at their odometers? That should give you some indication. tidester, host SUVs and Smart Shopper |
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Replying to: tidester (May 25, 2009 7:59 pm) The cars I am discussing have not been titled, the one I saw with the highest mileage was 236 miles. My first thought was then,"ok invoice them as new cars." But how can you justify talking about a new car invoice price when the thing is 2+ years old? If they can't sell this 2008, or even 2007 model car that is new and untitled, do I really have to go in and discuss a price based on the 2008 or 2007 invoice price? My first thought is that is at least 15 or 20% off the invoice immediately when I start talking turkey. And the price goes down from there. Is this off base? Or should I treat these older new cars pricing wise as used models? Usually all the better. Thanks for the help, and folks please add you .02 here |
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Replying to: jkumpire24 (May 26, 2009 10:29 am) So, take used car value and add for low miles.
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Replying to: qbrozen (May 26, 2009 11:48 am) I'm with you on this. A two year old car is two years old on the used market once it's off the dealer's lot or the check clears.  My thinking is price it at used and add for low miles and extra clean--sort of 'like new' condition! The dealer probably won't want to view it that way because they're getting a fixed spiff from the factory to move the older ones. That spiff might even be listed in the incentives list here on Edmunds. http://www.edmunds.com/incentives/RebateController?step=1&tid=edmunds.n.incentiv- esindex.incentives.1.1.*&setzip=45322&zipcode_submit=Go I see $4250 on a 2008 Equinox and 1000$ if you own 1999 or newer GM car. I also saw Hyundai has some 2008 models listed. There may still be spiffs to the dealer that aren't publicized on Edmunds where they get help from the company to move those older, aged cars off their lots. |
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Replying to: jkumpire24 (May 26, 2009 10:29 am) Incidentally, would the dealer be giving you the full new car warranty? tidester, host SUVs and Smart Shopper
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