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Got a Quick Question for a Car Dealer?

2394 messages,  Last post on Nov 03, 2009 at 11:03 AM

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What is this discussion about? Car Buying, Car Selling


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#599 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by boomchek
Jan 21, 2009 (8:18 pm)
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Replying to: cdn_tch (Jan 21, 2009 8:04 pm)

At what point does it change from a fair deal to a 'clubbing'?
 
If you see all smiliar models in the same range, then that's just what the market is. Sometimes we will pay over book for "hot" cars that we know we can flip quickly and make some decent money on.
 
CRVs, and RAV4s will always fetch a premium, even though the CRV I think is rated for only 1500LBS towing capacity.
 
Mazda Tribute and it's twin the Ford Escape are more down to earth in pricing, but keep in mind some older Ford and Mazda trucks/SUVs only had a short 3 year/60k powertrain warranty, unlike their cars whihc had a normal 5 year/100k warranty.
 
The Jeep Patriot is a decent SUV but you won't get much towing done in one.
 
The Equinoxes and Saturn Vues should be more normally priced too, as they have low book values relative to the imports.
 
Another decent one that we can't keep on the lot because they sell really fast is the Jeep Liberty, especially the Renegade edition. They are all 3.7L V6s however and will consume a little more gas than a 4 banger. But they came out in 03 I think, up to 07 before being redesigned.
 
I'd stay away from the old Blazers and Jimmies. They're inexpensive but they are really outdated and will guzzle a lot of gas with their big 4,3L V6.
 
Any Subarus are good too, but they carry a price premium, and might get pricey to fix later on.
 
Last but not least, look at a Nissan X Trail. Fuel efficient 4 cylinder, and lots of space. They sort of have a cult following. If you can get past the centre mounted gauge cluster, then they make a decent crossover too for a decent price.
 
Good luck
#600 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by bolivar
Jan 22, 2009 (1:02 am)
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Replying to: cdn_tch (Jan 21, 2009 8:04 pm)

It may be too large for you, but a Honda Ridgeline might be considered. Milage on mine is about 14 city to 20 highway (USA miles per gallon).
 
It's a Honda and doesn't break. Road comfort is very good with its aggressive treaded tires. It's full-time all wheel drive.
#601 of 2394
Local dealership closing down but not pushing sales of remaining stock by fatherted
Jan 22, 2009 (11:35 am)
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Local Ford dealership is closing at the end of January so I went by the other day to check on a Flex/Taurus X. They had a few in stock but were not prepared to go lower than the standard Employee Pricing Plus Cash. I already had quotes from another local Ford dealer for lower but they not interested in going any lower. I'm not in a huge rush to buy right now so I don't really care. They said their new stock will go back to Ford and their used to a wholesaler should they not sell by the end of next week. A bit strange I thought.
#602 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [fatherted] by volvomax
Jan 22, 2009 (12:05 pm)
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Replying to: fatherted (Jan 22, 2009 11:35 am)

If Ford is willing to take back the inventory, there is no need for them to lose any more money. Is there?
#603 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [volvomax] by boomchek
Jan 22, 2009 (12:27 pm)
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Replying to: volvomax (Jan 22, 2009 12:05 pm)

Otherwise if they didn't care about how much they lose on each unit, then the staff might as well buy up their own dealership's inventory for $1/each, and resell it privately.
#604 of 2394
Re: Local dealership closing down but not pushing sales of remaining stock [volvomax] by golic
Jan 22, 2009 (12:45 pm)
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Replying to: volvomax (Jan 22, 2009 12:05 pm)

Unless there is an administrative cost to send cars back, or a cost for shipping/transporting cars back to Ford. Then I would agree.
#605 of 2394
Re: Pricing for used vehicles in Canada (TMV like)? [cdn_tch] by oldfarmer50
Jan 22, 2009 (3:15 pm)
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Replying to: cdn_tch (Jan 21, 2009 8:04 pm)

"...dealers here are generally asking 50-60% over top blackbook price..."
 
I guess it's the same all over. Here, (upstate NY) they ask 2-3K over KBB retail prices. I just don't get the "home run" mentality.
 
BTW, here it's called Kelley Blue Book.
#606 of 2394
is it? by explorerx4
Jan 22, 2009 (3:48 pm)
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door #1
 
or
 
door #2
 
or
 
door #3
#607 of 2394
Re: is it? [explorerx4] by boomchek
Jan 22, 2009 (5:45 pm)
Reply

Replying to: explorerx4 (Jan 22, 2009 3:48 pm)

Whichever the buyer wants it to be.
#608 of 2394
Re: is it? [explorerx4] by bolivar
Jan 22, 2009 (9:59 pm)
Reply

Replying to: explorerx4 (Jan 22, 2009 3:48 pm)

It's rolling the miles up. From 153,000 to 207,000. Or maybe its just how the light hits that odometer.

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