471 messages,
Last post on May 06, 2013 at 12:09 PM
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Ford Focus, Ford Focus SVT, Coupe, Hatchback, Sedan, Wagon
#401 of 471 Re: Went to the dealer [mndriver72]
by kam327
Mar 26, 2012 (7:58 am)
"In any case, out here in Minnesota I just bought a Focus Titanium for about $3000 under sticker at a no-haggle dealership in the Twin Cities."
Gotta say I don't understand the concept of "no haggle." If a dealer is advertising a car for a certain price I can guarantee you there is some profit in there and therefore some room to haggle, or at least to try. Many dealers will sell at invoice or even below in certain circumstances, such as the end of the month and they're trying to meet a sales target.
Did you finance with Ford and therefore get $2,000 in rebates? If so then the dealer effectively sold it to you for $1,000 under sticker and they probably made $1,200 on the deal including dealer holdback, plus whatever other volume incentives they were shooting for.
Always Haggle!
#402 of 471 Re: Went to the dealer [kam327]
by steveaspesi
Mar 26, 2012 (8:44 am)
When a dealer makes a profit on a car selling below invoice, and they do, it tells you there's all kinds of incentives you may or may not know about.
when a dealer negotiates from MSRP down - they stand to make a nice profit.
when a dealer negotiates with a mark up of 15% over MSRP, it's just rediculous - because Ford and GM are kings of making a mockery of MSRP.
There are so many ads in the paper from Ford and GM that never mention price, but will loudly pump "deals" that state $5,000 off MSRP!!! on every......in stock. That's enough to tell me that not only is dealer mark up a joke but so to is MSRP.
#403 of 471 Re: Went to the dealer [kam327]
by erzeszut
Mar 27, 2012 (9:04 am)
Yep. Always, always haggle. Even the places that famously claim (or claimed) "no haggle" would be willing to wheel and deal at the right time of the month, on the right vehicle.
In years past, I negotiated discounts at Saturn dealerships and at CarMax, both of whom claim(ed) to be "no haggle."
Don't believe it!
#404 of 471 Re: Went to the dealer [steveaspesi]
by mndriver72
Mar 30, 2012 (8:56 am)
I just bought a focus titanium with all options except the sport package and parking package. Dealer was "no haggle" and their pricing method seemed to be to start with invoice and subtract incentives off of that. So obviously invoice prices are drastically inflated.
There was a small additional discount below invoice, but basically the price was invoice minus incentives, which for me were about $1500.
This was in the Minneapolis area in March 2012.
#405 of 471 Re: Went to the dealer [mndriver72]
by kam327
Mar 30, 2012 (9:19 am)
Starting at dealer invoice is always good. Holdback for a loaded Titanium is around $800 so that's one place the dealer is getting money on the sale. Did they charge you a "dealer fee" or whatever name they gave it, usually $500-$600? That's another profit center. I look for the dealers that don't charge such a fee, which are few and far between.
#406 of 471 Re: Went to the dealer [mndriver72]
by kjdiscuss
Apr 05, 2012 (8:16 pm)
Hey mndriver72, I'm looking for about the same trim in Minneapolis. Do you mind saying which dealers you looked at and got such a good deal?
Apr 21, 2012 (1:09 am)
I got my new Focus SE, with 203A and Auto for the TMV(R) price. And my trade in was spot on with TMV too.
I refer Edmunds TMV to others looking for prices.
#409 of 471 parental car buying help?
by steve_ HOST
May 02, 2012 (3:53 pm)
A reporter would like to speak to anyone between the age of 20 and 30 who needed financial help from a parent to buy a new car. If you fit this description – or if you are a parent who has helped a 20-something son or daughter buy a new car - and you’d like to share your story, please send your daytime contact information to PR
edmunds.com no later than 3 p.m. Pacific/6 p.m. Eastern on Thursday, May 3, 2012.
#410 of 471 2012 Focus SEL 4000 off sticker
by hackattack5
May 08, 2012 (4:47 pm)
2012 SEL hatch with the $2900 package leather, back up sensor, my touch and sony stereo. 1000 rebate 750 trade assist 500 private offer and a 1800 dealer discount. Milford Ohio