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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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Replying to: madmanmoo (Nov 04, 2008 8:03 am) Couldn't agree more. However, the cycle right now is in favor of customers, so it seems that the OP's dealer could show more willingness to negotiate.
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Replying to: verdugo (Nov 04, 2008 2:24 pm) It is truly dismaying...
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Replying to: donnielsu (Nov 02, 2008 1:10 pm) You’ve already gotten some good advice, so I hope you don’t mind some additional reinforcement. (1) Don’t pay anything for that “protectant charge”. That is a totally worthless charge for a mere spritz of Scotchguard and a minimal wax job. (2) Don’t pay any more than the state maximum allowed “Doc Fee”. In PA it’s $55 and if your state doesn’t have a maximum, then everything is negotiable. (3) Don’t fall for the dealer has to make money so they can stick around and take care of you. They’ve probably been around longer than you have so they know how to take care of themselves; all you have to be concerned with is the deal you can negotiate. The biz guys here have taught us that, “if you don’t ask, you don’t get”. What more has to be said? jmonroe |
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Replying to: wtd44 (Nov 04, 2008 7:32 pm) It is truly dismaying... Unless the vehicle was a super hot brand new model, seeing that on the window sticker would make me walk away. I wouldn't give anyone my business if I saw that. It's a clear indication of the games to come.
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Replying to: mikefm58 (Nov 05, 2008 7:10 am) Given what's going on in the industry right now, good deals should be relatively easy to come by without resorting to the old "extra sticker" routine.
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Replying to: graphicguy (Nov 07, 2008 8:21 am) I'm waiting for 1/2 MSRP sales next. Those rebates and discounts are a little too elusive for my liking. They come and go like the wind. Some even depend on how much the buyer is able to spend whether he intends to spend his limit or not. Just because I can afford a Ferrari doesn't mean I'll pay more for a Mustang. |
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| Hi ... I have a 2006 Chrysler Pacifica base model (4dr wagon, FWD) which I am planning on turning in on 1/20. I have about 35,000 miles on it and it's in good condition. The residual value of the car is $11,101. Currently, Chrysler is not offering me any incentive to stay in the car. I have a $300 turn-in fee, plus the car will need a good detailing ($200) and maybe two new tires ($275). According to TMV, the trade in value is about $10,100. Just wanted to make sure I'm making the right decision here and need some opinions! Thanks! | |
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Replying to: jnorman76 (Dec 03, 2008 10:00 am) I'm not sure what trade-in value has to do with your decision other than giving you a general frame of reference. Besides dealers will only give you auction value for your trade no matter what TMV or KBB say. If it were me the one question I would ask is do I like this vehicle enough to keep it when gas goes back up to $4. I would also think about what the possible repair costs could be (what's your warranty 7/70?). You have the advantage of knowing how it was driven and serviced. Unless you are the kind of person who drag-races and never changes the oil this information is worth thousands. Finally, is the buy out price in line with what you could purchase a similar car used. If you can get a car for 11K that has not been abused and similar cars with unknown history are 2K higher the answer is simple. Good luck and by the way, you are required to report back here on how everything goes.
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Replying to: jnorman76 (Dec 03, 2008 10:00 am) You could also play a little chicken with the bank - write down you're turning it in and wait if they call you back with a better offer. Last thing the bank wants is the car. They'll have to wholesale it anyway, which means selling it to a dealer for 9 grand or less. If they can get you to buy it for a little more and finance with them at reasonable rate, they may be happy to do it.
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We are probably going to purchase a new vehicle before Christmas, and have been looking at 2008's. However, I see some 2007's still remain unsold. How badly do dealers want to unload these, and since most of these are more than 3 hours away from me, is there a good way to know what is a reasonable offer?
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