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Prices Paid: Buying & Leasing Experiences Acura RL Prices Paid and Buying Experience
1048 messages, Last post on Aug 25, 2008 at 10:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| Ended up getting several prices in Milwaukee and northern Illinois. B/C the availability of the tech package is so poor, not as much wiggle room. Best price was Acura of Libertyville by 1800. The dealer I ended up with, Acura of Brookfield, came down a bit from their original price to 50750 including the back up camera which I view necessary, and wheel locks. By doing homework, following these posts, and getting multiple prices I came out 1500 less than the original bottom line price. Libertyville was still almost a grand cheaper but preferred the convenience of a local dealer and liked the color much better. They will not trade this vehicle with each other. I'm confident that I got the best price I was going to get locally. Now we'll see if hte price is worth it! | |
| The average gross profit (sale - cost of goods) on a new car sale is thirty percent. I have verified this several times with people in the know. The dealer invoice listed price is a phony number. Negotiate hard! | |
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Replying to: pappy164 (Dec 24, 2005 5:09 pm) By the way, I'm in Chicagoland and haven't found any of the Acura dealers over anxious to sell anything! Anyone have better luck with a particular dealer here?
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Replying to: c5_4fun (Dec 30, 2005 7:25 pm)
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Replying to: pappy164 (Dec 24, 2005 5:09 pm) Thanks again and Happy New Year to all. Mike |
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Yes I did trade my car in and yes they did give me KBB for it. They were a little low at first then we went over to the computer and plugged in my vehicle info into kbb, the price came up on the screen and I said thats what I want. The salesman said we had a deal. I got fair value for my vehicle, it had some dents plus staining in the carpet and a cigarette burn in the back seat. Maybe I could have pushed for a few hundered more towards the good value, but at that point I felt I was on at the deal I wanted and stayed. Also only negotiate your trade in after you settle on a price for the vehicle your purchasing. Don't let the salesman mix the two. If they ask how much do you want for your trade, tell them you want what its worth but don't give a $$$ amount. Yeah also if the salesman sells a vehicle and makes a net $2,500 profit for the company he is at least getting 20 percent if not 30. 20 percent of that is $500 and 30 percent is $750, not to shabby for a single car sale. Just think of what they would make selling it for $46,000 or closer to sticker. If they sold this car for $48,917 which is supposedly the KBB for it new, that would be a $8,000 gross profit for dealer, 30 percent is $2,400 for the salesman. Good commission for a couple of hours of paperwork.
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Replying to: pappy164 (Dec 30, 2005 11:40 pm) Thanks again Mike |
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Replying to: pappy164 (Dec 31, 2005 9:04 am) Thanks again. Mike
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Replying to: mevande (Dec 31, 2005 10:13 am) |
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I have to disagree with the generalized statement about Carmax. They offered me $2,000 less than kbb or what the dealer would offer. If the dealer is straight he will give KBB it may just take some negotiating. Carmax could be better in some situations, but remember you don't pay taxes if you trade it in so if its not a big difference it just might be better to trade it. Mevande, I seriously doubt anybody will give you excellent condition value on your trade or non trade sale. It just hardly ever happens. That car better look like it was just off loaded from the dealer truck in 98 with new tires, new brakes ect. ect...to get excellent is just wishfull thinking. If it is in really really great shape then it may be beneficial to go with a private sale, because a dealer just won't give you KBB for excellent. You can try though! The hidden dealer incentives you will not see in consumer reports. They are things like monthly/yearly area quotas ect.. and change often so reporting agencies can't keep track. Probably the reason the guy in MN can't get a good deal was because there were no competeing dealerships in the area. Generally that consumer reports invoice is still high by a couple thousand. You will never know the true invoice unless you work at the dealership in sales.
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