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Got a Quick Question for a Car Dealer?

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Comments

  • stickguystickguy Posts: 15,472
    chicken and egg situation.

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • qbrozenqbrozen Posts: 17,613
    you just said it yourself, though .... small percentage of buyers.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • bcd1979bcd1979 Posts: 5
    edited April 2011
    I checked with Hyundai USA and they said that the 2011 Manual Elantra's are going to be production from May 2011, after which , they will be routed to dealers.
    I guess the ones that are currently in country might be coming from Korean plant.
    this probably explains why there are very few and dealers are not willing to commit to a factory order
  • snakeweaselsnakeweasel a Certified Edmunds Poster.Posts: 11,800
    No I don't think thats a chicken/egg situation.

    Its rare because its a hard car to sell as not many people looking for that type of car want a stick. The fact that many people who want that type of car in a stick are few is in no way dependent on the rareity of the car.

    The sign said "No shoes, no shirt, no service", it didn't say anything about no pants.

  • texasestexases Posts: 5,671
    If that's the case (they aren't in production yet) then I would do nothing until they are showing up on dealers' lots. There's no way you'll negotiate a good price now - vehicles in short/zero supply don't get discounted.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,881
    That would NOT be a "profoundly easy" car to sell. It would be a nightmare!

    As a used car it would be even harder to sell. It's a Hyundai with a stick!

    You are right, it's, indeed, a VERY small percentage of drivers who want sticks in that type of a car and that percentage keeps getting smaller.

    DO NOT do anything without a written Purchase Order!!! The others have given good advise!
  • caolcaol Posts: 1
    edited May 2011
    I am in the Military and I currently received orders to deploy and I have a baby on the way. My Wife and I would like for her to stay home instead of paying for daycare. She also will not get any paid time off after having the baby. Selling the car looked like the best solution as it will sit in a lot any ways. I have a 2006 Honda accord LX 4d Sedan. Auto trader and KBB show we would have to pay at least 4k for a dealership to take it. I have tried looking to many options such as the soldier sailor act; sadly it does not apply for this situation. Even if someone take over payments that still leave me at fault if they miss any.

    Are there any solutions that could work in selling the car?
  • stickguystickguy Posts: 15,472
    clean. later model Hondas tend to be a very easy sell privately, and for well more than what a dealer will give you in trade. especially with high gas prices!

    post all the details over on the "real world trade in value" thread, and you should get a pretty good idea about what a trade in and private sale would likely be.

    but, if you would have to come up with Many thousands to get out of it, could be better to let it sit (I assume your wife has a different car? Any chance you could sell that one instead?)

    Not sure you could even do a formal take over payments (only ever saw that on a lease), and if you are deployed, I would certainly not recommend you being a landlord to it!

    good luck, and stay safe.

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • jhs70jhs70 Posts: 213
    Pilot EX-L 4x4 with NAV. Equinox LTZ AWD. Both great cars. I just cannot make up my mind. Each brings something a bit different to the table. Both have their detractors. Does anyone have any opinion on these cars? I can get an OTD deal on a pilot that is about a grand less than for a comparably (or maybe just a bit more) equipped Equinox. Resale is probably better on the pilot. I need to do some towing, so the pilot gets the nod there. I actually think the equinox is better styled, but the pilot is fine looking - and way better than it used to look. Not sure when they will restyle it again. I could go on and on, but i would rather hear from you all. Thank you for your time and advice.
  • qbrozenqbrozen Posts: 17,613
    edited June 2011
    personally I think the first gen Pilot was way better looking .... but that's neither here nor there.

    Resale on the Pilot isn't just a bit better, it is WAY better (just a cursory look shows an '09 Equinox LTZ at $20,500 while an '09 Pilot EXL at $27,500). If I'm getting the Pilot cheaper to begin with, it is no contest for me.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • jhs70jhs70 Posts: 213
    I'm not sure that's a valid comparison. The 09 equinox is nothing like the newer versions, whereas the newer pilots simply got an updated look. I'm pretty sure I read that somewhere about the both of them. but not positive. I guess at the core of this is that I suspect American cars are of much higher overall quality, but I know that Japanese cars are (I've got four of them and they are all absolutely trouble free). All you have to do is ask around. However that paradigm may be shifting.
  • fezofezo Posts: 9,413
    One vote for the Pilot here.
  • tallman1tallman1 Posts: 1,874
    A Honda vs. a GM? For less when comparably equipped?

    I vote for the Pilot.
  • fushigifushigi Posts: 1,248
    Honda must be pushing some amazing deals on the Pilot.

    EX-L 4WD w/Navi MSRP is $38,680 inc. dest.
    Equinoz LTZ AWD 3.0L w/Navi MSRP is $35,675 inc. dest.
  • jhs70jhs70 Posts: 213
    I have no idea why i'm getting the crazy honda prices that i am, but i'm getting them from several sources. Yet some Honda dealers will not even talk to me because they say they're inventory is so limited they are only dealing with their tried and true customers (Browns Honda City in Glen Burnie, MD). It seems the chevy folks, after YEARS of being abused, now find themselves with a decent product and are in NO MOOD to negotiate. What goes around has seemingly come around for them. At lease where I live.
  • fushigifushigi Posts: 1,248
    Well, I'll say that though the Equinox was on my short-list in late '09 when I bought, given the deals you're seeing I'd say go with the Pilot.

    I don't track their sales but I'm wondering if the CR-V and Crosstour are eating into Pilot sales, making the dealers more tempted to bargain.
  • jgsavesjgsaves Posts: 4
    I have a 2008 Hyundai Sonata with 91k on it. I bought it from a Toyota dealership and got the Platinum Continuous Customer Care Agreement which expires after 100,000 miles or after 4/17/2013. It is transferable.

    My question is this- if I know that we will be trading this car in within the next 2 years, is it of more value to a dealership while it is still under warranty? Should I be able to get a higher trade-in value if I do it before the warranty expires? ...or does it not matter at all?

    Thanks for the help!
  • im_brentwoodim_brentwood Posts: 4,883
    A warranty like yours can't be transferred to a dealer, only on a private sale.
  • Do new car sales matter much to a car dealer? I heard they barely make any money on new cars. Service and used cars are far more profitable than new car sales. Why do car dealers still have new cars on the lot and dont just go completely online?
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,715
    I think it's easier to pack the deal in person than online.

    MODERATOR --Need help with anything? Click on my name!

  • im_brentwoodim_brentwood Posts: 4,883
    New cars, In my opinion, are a necessary evil.

    Generally most mass market brands don't make much *_NET_* profit to the dealer after expenses.

    However... New car sales get you trade-ins, and generate customers for parts and service. We make money on those.
  • hmm.

    So dealers are attached to new car sales for trade in. Basically, dealers want to sell used cars because used cars are not as much of a commodity as new cars.

    you know what could work for a dealers, some sort of peer to peer car buying. Dealers get trade ins. Customers avoid sales men. Dealers can focus on where they make the most money service and used cars.
  • im_brentwoodim_brentwood Posts: 4,883
    We want to sell used cars because we make money on them, as a general rough rule (The guys I know at Mercedes and Lexus tend to make money on new cars).

    You're also forgetting that the whole "Buy cars exclusively online" thing works for a slim minority of the general public.

    A lot of sales practices that some dealers use, and the ones that some buyers on here dislike, are done for a simple reason. They work.
  • fushigifushigi Posts: 1,248
    I don't know that used cars are more or less of a commodity than new cars. But nowadays detailed pricing info is readily available on new cars making it easier for consumers to negotiate in their favor, i.e. less profit for the dealer.

    Things like holdback & passing on advertising fees probably wouldn't be necessary if the price info that consumers had was more like it was for other commodities like electronics & appliances. For those, people have no real idea what the seller's cost is. We assume BestBuy, Sears, etc. has some percentage margin but we don't know for sure. Thus, as a buyer our ability to successfully negotiate a price is more limited.

    With used cars the situation is different from both new car pricing and other commodity pricing. While basic info is readily available it's understood by most consumers that the prices reflect geography & the vehicle's condition and as such can significantly vary. This variance can allow dealers to build in a larger potential margin.

    Frankly, while price negotiations are fine online, I would never buy a car (new or used) sight unseen and, more important, without a test drive. My personal preference is to research online to trim the vehicles under consideration down to three finalists then do the test drive bit.
  • bigernhrdtfn3bigernhrdtfn3 Posts: 1
    edited August 2011
    i need to know where i might find a good used 3.0ltr.engine for a 2001 ford escape can any one help .
  • Kirstie_HKirstie_H Posts: 10,914
    There are quite a few on www.car-part.com. It's a database of salvage yards and other used part sellers. If you don't feel comfortable dealing with someone out of your local area, use the database to find a salvage yard near you and maybe they'll assist with the transaction (for a fee).

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    Share your vehicle reviews

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,715
    edited August 2011
    Good resource. Be sure to buy an engine that's been tested (it should be bagged up, out of the car, have oil pressure readings on a tag, and should carry a warranty in writing). Remember, if someone installs a used engine for you, and that engine is messed up, you'll have to pay again to remove it and install another one.

    MODERATOR --Need help with anything? Click on my name!

  • robbiegrobbieg Posts: 327
    I would agree. A better indicator may be to look at the resale value of a Ford Edge. I have been pricing used cars and I am surprised at the price of the Edge. I think GM and Ford are pretty close on resale.

    Honda does have unbelievable deals on the Pilot. Basically, making it hard to jusitfy a used car. AWD Pilot LX for 26,500 or so.
  • iontrapiontrap Posts: 138
    Where I work there is a program setup with a local Ford dealer offering us fleet/commercial pricing along with any incentives and rebates. I havn't been able to find out what fleet pricing is. Is it a fixed % below invoice?
  • I have ordered a luxury car that will be coming in in 3 months. My price negotiation with the dealer was fine. I thought the manager I dealt with was very fair and quite nice. Now that we are ready to order, he has asked me to fill out a credit application even though I am not getting credit through them. They want to be sure I am actually qualified to pay when it finally comes in....which I understand. (I actually have great credit). I agreed. However, in addition to the credit application, they are insisting that I sign a privacy notice. One of the provisions of that is the following statement:

    "Please be aware that it is our policy to disclose the above nonpublic personal information to only those companies that perform marketing services or other functions on our behalf or to other financial institutions with which we have joint marketing agreements."

    To me, this isn't about protecting my privacy but rather, a way for them to get permission to share my most personal information (mortgage, income, etc) with their marketing partners). I see this as no benefit so I declined. They insist that I am the only person to have ever had a problem with this and insist they can't sell me a car without it. I told them I am happy to give them my ss number for a credit check or show them a pay stub. They are still insisting. Advice (yes.. I could find another dealer but starting again would be inconvenient...but definitely possible)
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