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Smart Shopper Buying Tips - How Do I Get the Best Deal?
5170 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: 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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Replying to: tidester (May 26, 2009 2:10 pm) If it truly never was title, yes, they absolutely should be. |
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.. if they were truly willing to deal on those cars, would they still be on the lot? Doubt they'll make a good deal, or those cars would already be gone..
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Replying to: jkumpire24 (May 26, 2009 10:29 am) There is a reason for everything. |
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Replying to: kyfdx (May 26, 2009 3:38 pm) I agree. However, I figure there has to be a point at which they finally cave. I mean, its either take the loss now; send it to auction and get even less; or have it auctioned off by the bankruptcy court. I can't profess to know much about this kind of stuff, but I would think option A is the way to go. |
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Replying to: tidester (May 25, 2009 9:53 am)
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Replying to: omegagen (May 27, 2009 9:24 am) Then make an offer.
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