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Stories from the Sales Frontlines

47903 messages,  Last post on Nov 25, 2009 at 9:51 PM

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What is this discussion about? Car Buying


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#41459 of 47903
Re: something you guys will get a charge about... [isellhondas] by graphicguy
Apr 09, 2009 (7:51 am)
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Replying to: isellhondas (Apr 08, 2009 1:55 pm)

isell...I hear what you're saying. And, I agree.
 
But, for me, I think what I'm asking for the Tahoe is fair. Apparently, I'm way out of touch with the market for these. However, I'm sticking to my number, for now. As it stands, on a trade, both the Acura and Hyundai dealer are about $4,000 off on a trade number. That's a pretty big delta.
 
What I don't know is what it will bring if I sell it outright. That's what I'm trying to find out now.
 
It's parked at a Marina on the River currently. Nice day today. I've already had two calls on it this a.m. That means there are more boaters down there tending to their slips.
 
I gave a number and the particulars to one caller. He said he'd get back to me (sure, I'll wait by the phone). The other one wants to drive it tonight. I hope he shows because that's a 45 minute trip for me.....one way.
 
Fact is, no matter how soft the market appears to be on big SUVs, I'm trying to put it in a place where the people who could use one can see it. It is a very nice ride.
 
But, just like the last sale I did for my parents Grand Marquis, if I can't get close to my number, I'll keep it.
 
I'm getting a little taste of what all of you sales people have complained about recently. Yeah, the market is down. You don't have to tell me that. This vehicle should sell in the low $30s in more normal conditions. I've backed of on those numbers. In my mind, mid $20s is fair on a trade....even with current market conditions. $26.5K will buy it in a straight sale.
 
If I'm that wrong on my number, so be it.
 
A new one, equipped the same exact way, with no differences from my '07 MY is listed at $56K and change on Edmunds TMV.
#41460 of 47903
Forgot to tell you by joel0622
Apr 09, 2009 (8:12 am)
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My wife got a new 2009 Fusion a couple weeks ago. She got a great deal. She says the best way to get a good deal on a new car is to sleep with the Finance Manager, it works every time. Wish I would have been in town that week.
#41461 of 47903
Re: something you guys will get a charge about... [graphicguy] by jipster
Apr 09, 2009 (8:17 am)
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Replying to: graphicguy (Apr 09, 2009 7:51 am)

So I take it you just have a "For Sale" sign and your phone number on the Tahoe?
I always liked to see a number (price) on any car I was looking at. Usually the cars without a price were the ones where the owner was asking too much, and I wouldn't call. Also, you wouldn't have to take calls from those who were just curious. Wouldn't hurt to print out an Edmunds TMV price and tape it on the front windshield, along with your asking price. They could see the mileage, condition and see what a good bargain it would be. Price it at $27,750. Good luck.
#41462 of 47903
Re: something you guys will get a charge about... [graphicguy] by lrguy44
Apr 09, 2009 (8:34 am)
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Replying to: graphicguy (Apr 09, 2009 7:51 am)

on a trade, both the Acura and Hyundai dealer are about $4,000 off on a trade number
 
If 2 dealers hit the Tahoe about the same, they may be off what you want, but not the market. When I evaluate a trade, I check the Manhiem auction results, then call 3-4 dealers for buy bids. That will tell me what the real market is for the car. It has absolutely nothing to do with TMV, KBB, etc. which are guides.
#41463 of 47903
Re: something you guys will get a charge about... [lrguy44] by isellhondas
Apr 09, 2009 (8:38 am)
Reply

Replying to: lrguy44 (Apr 09, 2009 8:34 am)

That is so true.
 
A trade is only worth what we can get for it.
 
Last summer whan gas was over 4.00 a gallon, NOBODY wanted the gas hogs. A Ford dealer gave us a buy bid on an Expedition that was 4000.00 back of book and he only did that as a favor. He really didn't want it at ANY price!
#41464 of 47903
Re: something you guys will get a charge about... [isellhondas] by joel0622
Apr 09, 2009 (8:41 am)
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Replying to: isellhondas (Apr 09, 2009 8:38 am)

Ya, the used car biz was fun for about 2 months when those gas prices dropped back under $2 and we had a lot full of SUV's way back of book. We sold the crap out of them and made good money. The market adjusted big time on them so people were pulling KBB's on SUV's that would say for instance $19K that we had put $15K in 3 months before that.
#41465 of 47903
Re: something you guys will get a charge about... [jipster] by golic
Apr 09, 2009 (8:48 am)
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Replying to: jipster (Apr 09, 2009 8:17 am)

I think Edmunds will even generate a Mulroney sheet for you to stick in the window as well...
#41466 of 47903
Re: Dealer insurance [richard64] by canadiantoyota
Apr 09, 2009 (9:11 am)
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Replying to: richard64 (Apr 09, 2009 6:56 am)

I've been meaning to ask you something since you are in the book business. Please find me a yellow, hardback "Dick and Jane" book. I've been looking in book stores, library sales, antique shops, etc. for years. They are so hard to find. I found a blue one, but the yellow ones were published first. I learned to read from them.
 
You mean they actually had books back then????
#41467 of 47903
Re: Dealer insurance [richard64] by imidazol97
Apr 09, 2009 (9:42 am)
Reply

Replying to: richard64 (Apr 09, 2009 6:56 am)

Finding a book. I searched for a family geneaology book published in the 60s. Missed getting one from my cousin when he passed. Found one in a bookstore in England. It was a real experience finding how to send them funds in Pounds--wouldn't accept Euros, wonder why? Check every bookstore when you take leisure trips. I found a print by a Cincinnati area wildlife artist long ago that way; even got it at a bargain price considering it was in a store one of whose specialties was prints and originals.
#41468 of 47903
Re: Dealer insurance [jb_turner] by chikoo
Apr 09, 2009 (10:24 am)
Reply

Replying to: jb_turner (Apr 08, 2009 5:40 pm)

>It is the consumers choice to purchase or not.
 
Right.
 
But the snakecharmer who sells the magnetic bracelet will also thump his chest and say you don't need health insurance if you have the bracelet.
 
So what is the consumers choice?
 
The plot thickens when the health insurance also confirms the fact and all of us make a mad rush to buy the bracelets.
Then one day, there is an epidemic and most of us are infected and need medical attention and hospitalization. Do we simply wave the magnetic bracelet at the hospitals' staff and wish them away? I guess the smart ones will sell those magnetic bracelets to the hospital cashier such that she can take it to the bank and she can withdaw as much money as needed?

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