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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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#3805 of 3884
RE: [madmanmoo] by verdugo
Nov 04, 2008 (2:24 pm)
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Replying to: madmanmoo (Nov 04, 2008 8:03 am)

It's all cyclical.
 
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.
#3806 of 3884
RE: et al by wtd44
Nov 04, 2008 (7:32 pm)
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Replying to: verdugo (Nov 04, 2008 2:24 pm)

Specifically, it was the Toyota dealer near me that was displaying full window sticker plus $499 for seat cover spray and $499 for paint spray. They call it something like treatment or coating, I call it spray!
It is truly dismaying...
#3807 of 3884
Re: Advice Please!! [donnielsu] by jmonroe
Nov 04, 2008 (7:38 pm)
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Replying to: donnielsu (Nov 02, 2008 1:10 pm)

Any help anyone could offer would be greatly appreciated!
 
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
#3808 of 3884
RE: et al [wtd44] by mikefm58
Nov 05, 2008 (7:10 am)
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Replying to: wtd44 (Nov 04, 2008 7:32 pm)

Specifically, it was the Toyota dealer near me that was displaying full window sticker plus $499 for seat cover spray and $499 for paint spray. They call it something like treatment or coating, I call it spray!
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.
#3809 of 3884
RE: et al [mikefm58] by graphicguy
Nov 07, 2008 (8:21 am)
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Replying to: mikefm58 (Nov 05, 2008 7:10 am)

mikefm....I concur. In this climate, any dealership who's trying to post addendum stickers (like mop & glo/sealant, window etching, etc), that means there are more games to come.
 
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.
#3810 of 3884
RE: et al [graphicguy] by mako1a
Nov 07, 2008 (3:18 pm)
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Replying to: graphicguy (Nov 07, 2008 8:21 am)

ADM is a joke in this market. Just walk.
 
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.
#3811 of 3884
2006 Chrysler Pacifica by jnorman76
Dec 03, 2008 (10:00 am)
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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!
#3812 of 3884
Re: 2006 Chrysler Pacifica [jnorman76] by oldfarmer50
Dec 03, 2008 (10:29 am)
Reply

Replying to: jnorman76 (Dec 03, 2008 10:00 am)

"...residual value is 11,101...$300 turn in fee...a good detailing ($200) and maybe two new tires ($275)...trade in value is about $10,100..."
 
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.
#3813 of 3884
Re: 2006 Chrysler Pacifica [jnorman76] by dino001
Dec 03, 2008 (11:19 am)
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Replying to: jnorman76 (Dec 03, 2008 10:00 am)

Just turn it in and move on. Unless you really like the car, can't afford a new one, it makes a good used one. One thousand between TMW trade and your residual makes the purchase somewhat attractive.
 
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.
#3814 of 3884
Buying an unsold 2007 by joebert
Dec 03, 2008 (2:09 pm)
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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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