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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
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: aan1234 (Feb 09, 2009 9:30 am) They are getting ridiculous! A few years ago they were $99 and now all dealers around have $399 and some even $499 fees. Can I refuse to pay it and register vehicle myself? Shouldn't be a big deal. Even if I spend a whole day for that - I am not getting paid $50/hour after tax.
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Replying to: aan1234 (Feb 09, 2009 9:37 am) As for extra fees, I refuse to pay them. Sometimes they can be a deal breaker depending on the dealer. The are completely negotiable! Good Luck!
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I just bought an early Taurus X SEL FWD with most of the optional equipment included, cloth seats. There are not too many used TXs for sale in Canada right now, but I thought I could give a little perspective from this side of the border, as it might (a first, I'm sure) actually benefit those of you in the Northern States to come to Canada to buy. I just got mine with around 19K miles for $18000 CDN + a $350 dealer fee. With the exchange rate right now, you can knock off another 17% for the equivalent in US $$. The dealer's list price was $24000. It was bought from auction in Aug 08. I don't know what they might have purchased it for from the auction. Of course, the speedometer will be in Kilometers per hour instead of miles..... |
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Replying to: seloo (Feb 09, 2009 3:56 pm)
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Replying to: seloo (Feb 10, 2009 6:33 am) Here is the current situation: Dealers: - Invoice Price - Rebates is a standard deal for this car. - Dealers still have at a minimum 3% holdback on these cars (roughly $1K). - To date, Ford has not provided any additional factory to dealer incentives on this car. - Sales for this car continue to be extremely slow. Ford's current strategy is to slowly reduce the inventory through cash incentives. Buyers: - Due to its extremly poor resale value, buyers (in large numbers) are not motivated to purchase this car (even at invoice price - rebates). - The TX used car market is keeping some new car buyers out of the market. It is a waiting game! |
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