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Prices Paid: Buying & Leasing Experiences Mazda3 Prices Paid and Buying Experience
4314 messages, Last post on Nov 04, 2009 at 10:09 PM
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Replying to: aviboy97 (Aug 15, 2007 8:33 am) |
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Replying to: chavis10 (Aug 16, 2007 5:27 am) My advise it to have the dealer show you the book that they use to asses vehicle values, and have then explain how they came to their number. Here in the North East, we use Galves. Down south and in the mid west, I think they use whats called the "black book" |
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Replying to: aviboy97 (Aug 16, 2007 8:41 am) An important thing to remember about the "black book" is that it is a publication created for dealers and not by an independent third party. In other words, this presents the information from the dealers point of view. As a consumer I would look at several sources (including KBB) to balance the picture.
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Replying to: autonomous (Aug 16, 2007 1:02 pm) KBB does not buy or sell vehicles. How do they know what they are worth? They give you values for free, and make money through advertisement. If they were really reputable, why would they not charge for their info? Because it is worthless, and they know it. Having KBB give a value for a vehicle is like me stating how much I think Sony should sell a TV for. I can do research on reliability and features until I am blue in the face, but, it gives me no merit to say how much one should sell for new or pre-owned. |
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Replying to: autonomous (Aug 16, 2007 1:02 pm) That is incorrect. The Black Book is an independent company that established wholesale values for vehicles that pass through an auction. Galves is the same. Dealers use these books because most of the time, vehicles are traded in that are no longer a dealer retail piece. So, these vehicles need to go to an auction. A dealer needs to know what that vehicle will bring at an auction, so, these books are resourced as to what these vehicles true worth are. Hence what a real trade value is. Now, if a dealer is taking in a retail piece, usually they will step up on the trade offer to make the deal because they can sell it for a profit. That does happen quite a lot. Now, as a customer, I think it is wise to negotiate until you cannot go any further. That is what I suggested to that other person who posted. But, many times, people walk away from great deals because they are ignorant, stupid, or both. |
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Replying to: aviboy97 (Aug 16, 2007 8:41 am) Example- they told me they'd give me the car at invoice yet when I examined the breakdown, the starting price is listed at invoice but the option package and accessories are at MSRP. I did not mention this as it assumed me somewhat. He worked so hard to gain my trust and I got him up $700 on my trade yet he still tries to assume I'm a foolish enough to let him sneak in an extra couple hundred dollars. The deceit is what really kills me about the entire car transaction game. Don't tell me I'm getting the car at invoice unless you are prepared to actually do so. When I go to sign my papers next week, I'm gonna have to show him that he's dealing with a savvy car buyer. If SOME of these employees displayed more honesty, I don't think they'd have the reputation that they do.
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It definitely pays to know all the prices for all parts of any transaction. I would have also assumed that if the salesman says he will sell the car for invoice, that it would also include any option package or accessory that was added on. Invoice is invoice and at no time was MSRP ever discussed. Good for you for noticing this slip on his part. But keep one thing in mind...it may really have been a slip on his part and not intentional. I'd like to think that he just made a mistake, but part of me also thinks he's trying to slip it past you. Just wish honesty would play a bigger role in the car buying scenario...from every side! Probably dreaming on that score, but I always hold out some hope...the eternal optimist. The Sandman 
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Replying to: chavis10 (Aug 17, 2007 8:38 am) It is unfortunate that many bad apples of the past still ruin the bunch for the future. Car buying should be fun, not a stress. All parties should work together to make this happen. Good luck!
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Replying to: chavis10 (Aug 16, 2007 5:27 am) MANHEIM is becoming the new "Galves/Black Book" MANHEIM is an auction for dealers only. It basically helps to set pricing for trade valves. Most stores (dealers) have access to Manheim. HAve your dealer show you what your car would sell for at auction. NO CAR WILL BE IN MINT/EXCELLENT condition. Manheim uses above average, average and rough MOST cars fall into average. GOOD LUCK |
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Werner Mazda in Manchester NH is going to have a 2007 5 door/true red/Touring/auto/moonroof w/6 cd in next week. What can I expect to pay for this car? Is it worth it to just hold out for the 2008? They also said that the financing offers will differ between the 2 years...is this true?
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