- #832 of 941
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Re: Question about 0% financing [Mr_Shiftright]
by padres
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Apr 22, 2009 (6:20 am)
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Replying to: Mr_Shiftright (Apr 18, 2009 11:45 am)
If I have to sacrifice the color that I'm after, I will. If I do so, then that opens up a whole new geographical area that includes AZ. However, I refuse to bow before the altar of GMC. Either they bargain with me or I won't buy. Technically, I've waited two years to buy this truck and if I have to, I'll wait another year but I won't be some dealers "big fish".
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- #833 of 941
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Re: Question about 0% financing [padres]
by Mr_Shiftright HOST
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Apr 22, 2009 (7:10 am)
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Replying to: padres (Apr 22, 2009 6:20 am)
Bargaining is good. But if you are expecting a give-away, that's not going to happen. The dealership would dissolve and the vehicles trucked off to auction before a dealer would sell to you below what he paid for the vehicle.
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- #834 of 941
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Re: Question about 0% financing [padres]
by volvomax
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Apr 22, 2009 (8:02 am)
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Replying to: padres (Apr 22, 2009 6:20 am)
Shiftright is correct, if you are expecting some arbitary discount number,you will end up disappointed.
Even in this economy, smart dealers are making money.
Research what a REASONABLE price is and buy a car.
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- #835 of 941
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Re: Question about 0% financing [Mr_Shiftright]
by boomchek
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Apr 22, 2009 (10:13 am)
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Replying to: Mr_Shiftright (Apr 22, 2009 7:10 am)
Hard times for dealers doesn't mean they have to make it even harder on themselves by selling everything at a loss.
If padres waited 2 years already, then he either has unreasonable discount expectiations, or is just not really ready to buy anything. That's just my opinion.
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- #836 of 941
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Re: Question about 0% financing [boomchek]
by Mr_Shiftright HOST
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Apr 22, 2009 (10:56 am)
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Replying to: boomchek (Apr 22, 2009 10:13 am)
It makes no sense for dealers to sell their cars any cheaper than they are already selling them today. The margins are tight enough. Go any lower, and the dealer might as well fold up the tent and let the creditors fight it out then just go through the motions of running a non-profit enterprise.
I wouldn't budge if I were a dealer right now. Let everyone else cut each other's throats. I'd spiff up service, advertise, do more cost-control, whatever, but not cut the margin anymore.
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- #837 of 941
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Re: Question about 0% financing [Mr_Shiftright]
by boomchek
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Apr 22, 2009 (11:24 am)
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Replying to: Mr_Shiftright (Apr 22, 2009 10:56 am)
That's what we're doing actually. Cost control, running on smaller margins, butr we're NOT giving cars away.
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- #838 of 941
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Re: Question about 0% financing [boomchek]
by volvomax
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Apr 22, 2009 (12:56 pm)
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Replying to: boomchek (Apr 22, 2009 11:24 am)
That's what we're doing actually. Cost control, running on smaller margins, butr we're NOT giving cars away.
Same here. It cracks me up that people walk in and go "But, the economy is bad".
As if that's a good reason to lose money.
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- #839 of 941
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Re: Question about 0% financing [volvomax]
by fezo
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Apr 22, 2009 (6:56 pm)
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Replying to: volvomax (Apr 22, 2009 12:56 pm)
Of course. You lose money on each unit but make it up with volume.... (where the heck is the rolleyes when you need it?)
boom and lr - sounds like you guys have the formula.
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