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Purchasing Strategies - Questions & Success Stories

3884 messages,  Last post on Apr 08, 2009 at 1:08 PM

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What is this discussion about? Car Buying


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#3432 of 3884
Re: Negotiating price of a new car and trade-in [dakineguy] by kyfdx HOST
May 28, 2008 (7:51 am)
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Replying to: dakineguy (May 27, 2008 9:26 pm)

I think it depends on whether you have to trade the car in.. If the only way to do the deal, is for the selling dealer to take the car in trade, then I agree.. no point in keeping it out of the deal...
 
But, if you have the option to sell it yourself, or sell it to CarMax, then you need to know exactly what the dealer is offering you for your car, outside of the new car deal.. You want the bottom number on the new car... and the ACV of the trade-in. If you put that all together from the start, that will be hard to determine..
 
I don't mind letting them know that I have a car that I need to sell.... But, I want the best number on the new car, without taking the old one into account..
 
regards,
kyfdx
visiting host
#3433 of 3884
press request by kirstie_h HOST
May 30, 2008 (8:45 am)
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A reporter would like to talk drivers above the age of 50 who chose a vehicle because of a specific feature that made your driving experience more comfortable. Please respond to ctalatiedmunds.com with your daytime contact information along with the vehicle you chose and the feature that you really liked no later than Tuesday, June 3rd.
#3434 of 3884
Re: Negotiating price of a new car and trade-in [mikefm58] by jaysherman
May 30, 2008 (12:42 pm)
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Replying to: mikefm58 (May 28, 2008 3:49 am)

Dont try to hide the trade, dealers are not blind to that tactic. You can negotiate it usually and shop it at other dealerships but just dont fall for the "shell" game where they raise your payment, interest rate, price of the new car or other products. Get a committment on all those aspects of the deal and shop it if you want the best deal.
#3435 of 3884
Re: Negotiating price of a new car and trade-in [jaysherman] by joel0622
May 30, 2008 (3:44 pm)
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Replying to: jaysherman (May 30, 2008 12:42 pm)

All that matters is the trade difference. The folks that try to hide stuff from us like we have never done this before and slow the process down are usually the ones that complain about it taking to long.
#3436 of 3884
Help: questionnable sales tactics re: Prius? by dogboy8
Jun 01, 2008 (7:59 pm)
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Thanks in advance for any advice you can offer for my situation.
 
On May 14, we decided to buy the Spectra Blue '08 Prius. Two days prior, I had obtained multiple web quotes, the lowest of which happened to be from my closest dealer. We went in person and asked if he was willing to meet the lowest price we could find, to which he agreed, although stating that we would not be able to find anything below sticker given high demand and low inventory. The internet price, which was valid until May 17, was $2K below sticker. I showed him this, and he grudgingly agreed to the price. He billed my credit card $500 to get the process moving to get one on the lot.
 
Since then, we've spoken twice. Once was on May 23, at which point he reiterated how low inventory is right now and that he wasn't sure when our car would come in. We got the next call on May 30, when he told us, "things are really tight. no idea when a car will come in -- it could be six months. in fact, two other orders for your exact car came in on the same day and are ahead of you. are you sure this is still the price you want to pay?" ?!? Um, yeah, we're sure. We know that Prius in our area are now going for sticker price, and that we happened to be lucky w/ our timing.
 
I'm not sure what to do next, and I"m not an experienced negotiator. We want the car, and can wait a little while. But now we feel like the salesman is trying to re-neg on our agreed-upon deal. Should we just cut our losses and either a) pay more from him, or b) try and buy one somewhere else? Or should we pursue our original price from him?
#3437 of 3884
Re: Help: questionnable sales tactics re: Prius? [dogboy8] by mikefm58
Jun 02, 2008 (3:31 am)
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Replying to: dogboy8 (Jun 01, 2008 7:59 pm)

The exact same thing happened to me when the Honda Odyssey mini-van came out in 1999. The dealer gave me an internet quote, we agreed on a delivery date and time, but when that date came up, the dealer wouldn't honor his original quote saying, "These things are going to be hot sellers, $500 more please".
 
Some sales folks in the biz are slime balls and I would NEVER give them my business, not at any price. We eventually bought elsewhere, which I'd advise you to do also. You cannot honor that type of behaviour with your business, no matter how much you want the vehicle. If you do, that will only encourage those type of dealings in the future.
#3438 of 3884
Re: Help: questionnable sales tactics re: Prius? [dogboy8] by jmonroe
Jun 04, 2008 (5:27 am)
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Replying to: dogboy8 (Jun 01, 2008 7:59 pm)

We want the car, and can wait a little while.
 
I suspect you’re going to wait and wait and…
 
Since they are hot cars there is no incentive for the dealer to sell it to you for less than MSRP. I think they got you hooked with a low-ball offer and now expect you to cave. ‘mikefm’ gave you good advice, “go somewhere else, don’t reward that type of behavior”. It doesn’t sound like they are the only Toyota dealer in your area.
 
Call the credit card company and have them remove the charge. They’ve gotten requests like this countless times before and they know exactly what to do so you shouldn’t have a problem with that.
 
I'm not sure what to do next, and I’m not an experienced negotiator.
 
Now you know and as far as “negotiating” goes if you’re going to buy a Prius there ain’t any of that to worry about. It’s a done deal at MSRP.
 
Again, go somewhere else.
 
Good luck and let us know how you did.
 
jmonroe
#3439 of 3884
Dealing with a Mega-dealer by personatech
Jun 20, 2008 (5:16 am)
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Hi all,
 
I'm shopping for a midsize sedan to replace my Beetle TDI. The process has been a long one - I really don't know what I want as the "perfect" car has yet to be built . Anyway, very early in the process I contacted the Internet sales person at a Honda dealership who put me in contact with one of their salespeople. I met with this salesman, took an Accord Coupe for a test drive, and while driving mentioned that I was also looking at the Camry Hybrid, Malibu, etc. He said he could show me any of those as well since the Honda dealership was one of several megadealer outlets in the area. He even offered to let me A/B various cars on my list on one visit. Cool. That would make my life simpler.
 
A while later, I used one of those lead generator websites to get some quotes on a Camry Hybrid (not necessarily what I want, but I was curious how good a price I might get considering the current hybrid hysteria). They farmed out my quote request to a rep at this megadealer's Toyota location. When he called, I thanked him but noted that I was already working with Mr. X. The Toyota rep courteously suggested that he would be able to give me a better deal than Mr. X on a Toyota if I decided to go that route!
 
So, I'm now in a quandary. I don't want to step on anyone's toes and I want this process to be fair for all parties. Naturally, I also want to get the best deal possible. There may well be some truth to what the Toyota rep is saying because I am sure he is better trained with regards to Toyota products than the Honda fellow. When the time comes to establish a relationship, it may well be preferable to deal directly with a salesperson who represents the make I decide to buy. On the other hand, salesreps are like butterflies flitting from one dealership to another, so I may be putting too much credence in any kind of personal relationship with a salesrep. So... I'm soliciting your comments, perspectives, and experiences: should I contact each dealership directly and sacrifice some convenience, or should I work with the one rep who can show me everything I'm interested in?
#3440 of 3884
Re: Dealing with a Mega-dealer [personatech] by alamocity
Jun 25, 2008 (4:07 pm)
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Replying to: personatech (Jun 20, 2008 5:16 am)

I've seen on used cars where they will get a vehicle from another dealership in their group but not on a new car, certainly not to the depth you described anyway. I've been given the name of who to talk with at that dealership and they may actually call them for you but haven't seen where they offered to show you everything you're interested in. My guess is that the rules of that auto group allow them to do it so I'd be up front with each and see which on offers the best deal.
#3441 of 3884
by dtownfb
Jul 09, 2008 (5:11 am)
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I found this article this morning. While it doesn't exactly address Purchasing strategies, it does involve the purchasing process and some no-no's. I thought it would be a good read for some new to the car buying process.
 
http://money.cnn.com/2008/07/02/autos/dont_tell_salesman/index.htm?postversion=2- 008070309

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