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There that's better. Now, in all seriousness, what was the original point you were trying to make, mfullmer? (no sarcasm here, I just need the facts)
A simple question, you may think. Unfortunately I was hit with a barrage of posts about how I didn't want the dealer to make any money, was only concerned with him not making a profit, etc. In contrast, I stated that I didn't care how much profit the dealer makes off of the deal. If we are both happy with coming up with a $xxx amound over factory invoice then that's great. If that's all he makes and he's happy with it, fine. If, on the other hand, he has a couple months of holdback left, dealer cash, etc. thats great too!
I guess the point I'm making now is I'm amazed at how posters read their own prejudices into things and then post responses that construe the original posters message. Of course thats considered "cool" while the person who, justifiably, gets irritated at such behavior is considered a "hothead".
Oh well, we are all different. We are all from different backgrounds and we all have different tolerances. On the other hand, we are all here taking advantage of this medium.
Hooorrrayyy!
I buy 2 new cars every 2 years. I KNOW what works for me and that has always been Invoice + a certain amount (based upon availability, popularity, etc).
I could see how a salesman would want someone to come in with an arbitrary number like that. It would be very easy to get one confused by throwing many more numbers out trying to make it look like their number was way off. Why give the salesman the upper hand?
When you are working with a number that is a certain amount above a PRINTED factory invoice price there is no room for confusion. Although I've nearly always had an issue with any salesman I approached with this method (They always want to work around a monthly payment amount, down payment amount, etc.) but I then go straight to the fleet manager and my deals have always been clean and hassle free. I always make sure I'm offering what is about middle of the road from all of my sources (in the Invoice +). I've always gotten a good deal and the dealers, while not totally exstatic about the deal, make a bit of money also.
Let me make it clear. I in no way think that the information I get from these sites is the "Actual Invoice price". I use them for research only. I wouldn't go in there thinking that I have a copy of the invoice in my hand, especially with the many different numbers I get from each site. It would be foolish of me to take one over the other and decide that it must be the right one (like some have suggested).
Interestingly enough, on many of the other discussions where people are talking about price (between dealers themselves) many of the posts suggest taking the Invoice plus mark-up because you could be looking at the exact same vehicle configuration yet have different invoice prices.
I think the important thing here is the resistance by dealers to take the straightforward invoice + approach. It's like they don't like to deal with those absolutes. They love people coming in there saying "I'll offer you this amount for this car." Then they bring out all sorts of things to let them know that they are not being realistic. In the end, all they are doing is muddying the waters so that the buyer doesn't really know which numbers to believe.
I like my straightforward approach. There is a definite number on the bottom of that Manufacturer Invoice. The amount of mark-up is straightforward. Now I get it!!!! Thats why I got so much flack over my process. It's scarry territory for some salesmen.
1. I could say to the dealer I will pay $21,500 +TTL. He can say yes and I buy a new car or he can say something else and I leave.
2. Or I could walk in and say I will give you $500 over invoice for that CR-V EX over there. Then the salesman has to go and find the invoice, add up a bunch of stuff like options, destination, add fees, etc. His numbers aren't what mine are and we go back and forth for hours on end before I run amok with a rusty butter knife.
Seems to me that the first scenario (the one used by Mirth and Bobst) seems to be the easiest one.
Mirth and Bobst, I don't mean to put words into your mouths but I believe this is pretty much the method you are using correct?
: )
Mackabee
If all customers worked it they way you do there would be alot less hassles.
The door will always be open to you here also.
Research is key. It's a waste of everyone's time to go into (lets say Honda) a Honda dealership and say I'll offer you $500 over invoice. You should rightly be laughed out of there! On the other hand, by looking at sites like these and then pricing out the invoice here, you can go in, make a firm offer of (hypothetical) $1,500 over invoice and when the invoice comes out, you'll not be too surprised.
To Thel I would say - If any salesman won't show you the invoice then run away. There is absolutely no reason not to if you are both looking at giving/getting a fair deal.
One of the biggest problems I have with the "I'll give you $xxx or go elsewhere" tactic is, and I'm speaking of experience in my parents dealerships, many, many people pay far more than they could have by doing that. Ever since Consumer Guide started printing their publications back in the 80's people have fixed themselves on the prices there and then offered to buy cars with those prices. If they are firm, then they go away when a deal could have worked. If they are frazzled by the difference in numbers, then they get confused and many times pay something nowhere near what they planned.
Ok, enough already about that.
So when are these sights going to be able to give accurate invoice pricing?
Well, that's life. Deal with it.
Yeah, Thel, that is pretty much how we buy a car, except we offer an out-the-door price in writing that includes everything. That way there is almost no room for confusion, and we get a Yes or No pretty quick.
The website I worked for tried to include the ad fees, and we were constantly told our prices were wrong.
I just wish they wouldn't seperate freight.
Some people just can't understand that it costs us 460.00 to have the car delivered to us.
For instance, the new Element DX does not have A/C. Dealers in my area are charging a whopping $1800 or so for the option. That's a rip off - it's usually only $800 or so.
Also, say you compare a dealer installed option with the same accessory from Handaparts.com. Prices are more or less in line with what other manufacturers charge (at invoice), but Honda dealer won't agree to it because they need to pay labor for the install.
So while I think it's good that Honda equips cars comprehensively (the Accord LX finally gets ABS), you're up a creek when a feature is missing that you want.
-juice
We charge 1295.00 installed for A/C. This price hasn't changed since I started in 1995.
And, of course, the shop will charge for labor. Nobody likes to work for free. The labor charges can vary quite a bit based on where you live.
But from a customer's point of view, paying Toyota $788 for A/C on a RAV4 is less painful, even MSRP is just $985.
Any how, I don't blame dealers for that, it's the way Honda packages equipment. Or doesn't, actually. We dropped the Accord from our short list last year because you could not get an LX 5-speed with ABS. Ironically they just addressed that.
-juice
Honda used to offer ABS as an option on the automatics but these were very poor sellers.
So it wouldn't have made much sense to offer ABS with a 5 speed.
Five speeds are very slow sellers new and almost impossible to sell as used cars. Still, some people do like them.
Of course, we have a lot of hills here and horrible traffic. That's one of the reasons they don't sell well.
But, now, all Accords have ABS so none of this matters anyway!
I'm glad that Honda offers a 5 speed at all - lots of manufacturers don't any more. That alone narrowed our search significantly.
I like the way they equip the Pilot and Ody better, even the LXs are reasonably well equipped. Now Accords are, too.
-juice
So I guess it cost me $1200, LOL.
-juice
The AC added something like 450.00 to the price of the car. That's like 13% of the base price?
Using that as an example, the window sticker of a 4WD automatic Element is 18,760.
Sounds like the 1295.00 we charge is a bargain compared to the "old days"!
So how's $5250 sound for A/C nowadays?!
I mean, c'mon, most vans and SUVs have dual A/C nowadays! :-)
-juice
Doesn't Nissan also do that with the Altima? IIRC, the base Altima doesn't have a/c. Now that MUST be rare, on a midsized car!
My first new car had it, though.
Nissan and Toyota tend to offer 4 wheels and a chassis, then everything else is optional. But this a-la-carte method does allow you to get ABS and A/C on a base model. Honda is sort of take-it-or-leave-it, unless it can be dealer installed.
We passed on these and got a Subaru because even their very basic, stripped Legacy L had AWD, ABS, cruise, power everything, and even 4 disc brakes. They stopped selling the Brighton model back in MY2000.
-juice
could be because USA and some other countries
banned R-12 systems. We have to have the R-134
systems instead. Or I could be just another
dealer profit center that some mfrs. use ?
opinions?............
There is a market for those stripper units and some people are willing to do without A/C.
Since Honda's target market on the Element is an unemployed 22 YO, I guess the need for a DX model is real.
I do believe that R-134 is a worldwide standard now.
As an aside - I've seen about a half dozen Elements on the road already.
-juice
Terry.
and elsewhere.
Smuggling to US and other countries is getting
to be a problem and quite the cash cow !
Heck a 30 lb can if ya can find one is 700 bucks or more!
I bought 6 a few years back for 99 each. Since
I have a bunch of compressors at my businesses
that use it. I gotta have it. Now when a
compressor blows up I change them to R-134 system
.................geo
BTW: R-134 is quite pricey ....almost 300 for 30 lbs!
What are fees that I should expect to see and approximate values that I should expect to pay?
Thank you, in advance, for your help.
For what it's worth, I got a wild hair and bought an '03 PT Cruiser GT Turbo tonight - must be fast, because it has 3 names. Silver, autostick, etc - cool ride - went conservative instead of the luxury sedan route - I really like the PTs with 17" wheels and over 200 hp!
Terry :-)
I fit the PT fine.
jim: congrats. Check out the current Autoweek, they just tested it and really liked the GT.
-juice
-juice
Happy Motoring! Mark
I wonder, too about traction, but the car comes stock with ABS and traction control, and there is a traction control "off" switch. I'll try it both ways and see which gives better course times.
A PT??!! Wow, that was quite the inpulse buy wasnt it? Great reference Terry! LOL!! At least you went with the GT...is it pretty quick with the added ponies? Been interested in how that one rides, wasnt too excited with the non-GT one I drove about a year ago. A PT on the Autocross course...classic! Enjoy your new ride...
Regards... Vikd
Back on topic...sort of... Would any of you dealers know if there is a web site for home buying thats sort of the equivelent to Edmunds car buying? Since you car dealers seem to hold realtors in such, ahem, high esteem, I could use some brushing up as the wife is wanting to look at a home in a new development down the street. Thanks for any advice y'all can provide...
Regards... Vikd
If I ever had a "Cruiser", I would want it to be a fun one. They are so inexpensive, you can do all kind of things to it with out killing your wallet!
Mark
vikd - we moved to Medford (my wife's home and where my MIL and FIL are) after Super Shops went under. I went to work for the Lithia Auto Group. I can't help on the realtor question - I dislike **most** realtors more than skanky car salesmen.