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Prices Paid: Buying & Leasing Experiences Ford Taurus X Prices Paid and Buying Experiences
765 messages, Last post on Nov 27, 2009 at 10:28 AM
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Replying to: seloo (Feb 08, 2009 5:59 am) In my opinion, the Veracruz is clearly the better car with a better warranty, better resale, and currently a better rebate than the TX. At 1/2 off the MSRP the TX is clearly a better used car value. The TX's price needs to be about $2.5-3K lower than the Veracruz (like new car and options) to offset its numerous shortcomings. This explains why there are so many unsold TXs. When a dealer goes out of business, Ford sells the cars to other dealers. I am sure it is at a discount, but no one will share that information with me.
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Replying to: seloo (Feb 08, 2009 12:37 pm) http://video.aol.com/video-detail/glut-of-unsold-new-cars-pile-up-on-california-- lots/3333268053 Check out this video. |
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Replying to: seloo (Feb 08, 2009 12:37 pm) One dealer in my area has a new, early '08 on the lot with inspection stickers that expired in August of last year so they've been sitting on it for at least 18 months. At this stage I could only see going used. And if (or when?) they incentives get upped it might bite resale more, no? |
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Replying to: seloo (Feb 08, 2009 5:59 am) If a dealers can purchase a load Ltd (DVD, power lift), no NAV for around $15K at the auction, you can buy it for $16.5 (about 1/2 off MSRP). Will a dealer really take a 1.5K premium for any car? That seems like a low profit margin that would barely cover expenses.....
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Replying to: seloo (Feb 08, 2009 5:59 am) Thank you for you opinions. There only 6 used TX '08 in 250mi radius. These 2 could be of any interest: www.cars.com/go/search/detail.jsp;?paId=301415022 www.cars.com/go/search/detail.jsp;?paId=301003550 Veracrus is also considered, as well as Odyssey, Sedona and some others. One of the main requirements is to be able to install rear-facing car seat behind passenger seat and still have enough legroom for passenger, so second row legroom is should be as big as possible. Veracrus's second row is not the roomiest. Also, I am hesitant to buy Hyundai/Kia. I own a Hyundai. It is not bad car at all, but it is a cheap car and I don't expect much from it. So the question is still this - how much lower than invoice-minus-rebate can I get when dealer offers invoice on the spot?
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Replying to: aan1234 (Feb 08, 2009 2:22 pm) The two cars listed sold for $14.5 to 16K at recent auctions. These cars have at least a $4K markup (maybe more) if they were purchased from the auctions. Ask to see the CarFax, so you understand the car's history before making an offer. I agree, many of the Hyundais feel cheap, but I do not get that feeling in the Veracruz. It does feel a little less roomy than the TX. As for your question, if a dealer is offering you an invoice price for a new TX walk away, they are wasting your time. The starting point for a poor selling car like this is what you stated ' invoice minus rebate.' Watch out for extra fees. Like I stated before, even at this price, the TX is not a good value. I think we will have to wait until Ford decides to clear these cars from the lots.
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Replying to: 3kidsinback (Feb 08, 2009 1:53 pm) If fact, there is a guy on the internet that will buy a car for you at the auctions for $600. |
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Replying to: seloo (Feb 08, 2009 5:36 pm) I really meant 'invoice-minus-rebates' when I said 'I was offered invoice'. So it is a good starting point but I don't know how far I can go from here.
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Replying to: aan1234 (Feb 08, 2009 8:39 pm) Yes, there is more room for negotiations before you get to the vehicle's 'net cost'. If Ford is not providing any factory to dealer support, then you have 3-5% to work with (holdback, etc..). If they are providing dealer support then the % could be higher. Additionally, if the car is costing the dealer to keep it on the lot, they may be willing to let it go at a loss to avoid another interest payment. From this point forward expect negotiations to become tougher. Also watch out for extra fees and keep your trade (if you have one) out of the deal until you get the price of the car finalized. Remember time is on your side!
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Replying to: seloo (Feb 09, 2009 3:21 am) Interenstinly, when I bought Outback '08 in early 2007, I got $500 under invoice (no rebates were available, no real negotiations either) and better financing than it was available for the model - 1.9% instead of 2.9% available, just like for '07 models. No trade-in, $399 doc fee. How do they manage deals like this? Dealers weren't desperate in early 2007.
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