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No options if you don't want to.
Still learning how to post message here so bear with me.
"dealers have the upperhand"
Buy a Kia.
I was able to beat their price by a scant $100 after looking at about six places, but they had the car I wanted in stock and I was running out of insurance rental car coverage.
You are aware that $16375 is invoice, right?
I have got the exact same deal from DCH Academy Honda on route 9 so the price is 17421+550(destination charge)+129(doc fee). The only concern i have is am i paying a lot for destination and doc fee?? Please advice guys since i want to make a decision this week.
Thanks to all of you for sharing your exp.makes things easy!
cheers!
$129 Documentation fee may have some fat in it. Ask for a detailed breakdown, some of which (maybe about $75) is probably negotiable if they want to make a sale NOW.
Your deal isn't for $17,421.. Your price is $18,100 plus tax..
Your dealer breaks it down that way to make it seem lower...
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Yep, still a great deal though compared to what others have paid close to MSRP.
Price with destination $16593. (MSRP 17110 + destination=17660)
After tax, title, license fees: $17888.
This was an initital internet deal. Have met with the dealer. THis is also at this time based on no trade. ( I am trying to sell my car privately first). Not sure what will happen to the cost if I decide to trade.
Does this sound like a good deal as currently standing? :confuse:
Invoice with destination is: $16193.
Give me a break.
Regardless, if it's a legit deal, there's nothing that dropping a trade on them can do to make them increase their price.
So you are saying if I end up doing the trade they could raise the price?
Everything I have read says to negoiate a price first, then talk trade.
No matter, the 06 LX civic is still a good car for the price, and I have been comparing other cars.
Thx.
You wrote "My car is the best investment i have ever made as far as buying a car goes.." We should ALL recognize that purchasing a new car has never been an investment. Investments appreciate in value. Except for antique cars, and a very few exotics, cars ALWAYS DEPRECIATE in value.
8-10% is a very healthy profit. "THE MAN" makes 6% profit in my state and isnt even in the business. on a 19000 dollar vehicle, 1900 dollars is a deal that every can deal with, thats why Honda priced them as such. On a 35000 dollar Pilot, that why you see an invoice for around 3500 less than MSRP.
"profiteering" is simply taking advantage of people. If I were selling Fords before the family plan, I could sell a 2 year old Ford for more than full retail value and make alot of money...buy with Hondas, I have to put my faith in volume and customer service to make my living.
bottom line- everyone has to eat. remember that people
gettting you approved is the most important thing. if you dont get approved, then wasting time online emailing dealers and visiting different dealers for prices is unwise.
grab all you pay stubs, your utilities bills, your references, save back about 10 percent of what you want to buy then go to the dealership cloest to home with the best service department and try to get approved and then enjoy your new/new to you vehicle.
Oh how pathetic!!!
Say MSRP is $20K and they're selling you for $18K and your trade is worth $4K. If you went with those numbers, you'd get a tax credit on $4K. If we go back to $20K and 0 discount, but show you $6K for your trade, you get a tax credit on $6K.
Make sense?
As an honorably discharged veteran, I'll listen to any point of view.
I work 55-50 hours per week. Atleast every other day I am out dealing with previous customers issues (I have driven out to the country to change tires, picked up and driven people home for service, etc...) I EARN my pay. I sell between 12-18 vehicles (Hondas mind you) every month and I make a good living. 200-500 dollars per vehicle usually. If someone pays within 1000 of invoice, I only make between 50-100 for my time and usually headaches(with these kind of buyers) and I give the same professional demo and service before, during, and after the sale to everyone.
So how am I pathetic? I am currently negotiating 5 deals and you are on your computer at work (how can you be productive like that) or at home (again, how can you be productive). Just explain your point of view instead of spouting off insults.
I defended your freedom of speach for many years, I dont mind you using it, but do it intelligently.
Just my $.02
From my vantage point, I wish everyone were posting: "I paid MSRP minus X for my trade"
lol
There is no free lunch when buying a car. The dealer will either inflate the trade value, i.e. "show" price, and not give you as much from the bottom end, or give you more money from the bottom end, and only give you the "ACV" on the trade.
The absolute best way to negotiate is to know not only the factory invoice, but also the dealer's holdback, and any incentives the factory may be giving the dealer above and beyond the holdback. Obviously, some of this is guess work, but reasonably close estimates can be made. Depending on the dealer, a 3% to 5% profit may be sufficient margin.
Your credit rating will not affect your negotiated price (at least it shouldn't), but it will affect the available financing rate of course - should you decide to finance the car rather than paying cash.
I don't care to get in to a discussion about "how much profit is fair profit". I approach a car purchase like a business transaction and want the product for the cheapest price I can. I don't need or want a car salesman as by the time I'm talking price I already know exactly what I want and how I'm going to pay for it. My discussions are very quick, I offer a price, they accept or reject it and I move on. Granted, I've already done my homework so I know the going price.
And in case you're wondering, I have paid full MSRP for a vehicle in the past. Why? Because it was the going rate at the time.
Mr. thebill, you go above and beyond what most people would feel a car salesman should do and that has worked for you, so I'm happy for you. No disrespect intended, but I have no use for the sales person, they are there to merely write up the order.
Thanks!
kyfdx
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I'm looking for an EX MT w/Navi in the Orlando area. Any posters here from Orlando know what the prices are around this area? Is everyone paying MSRP or is the price negotiable?
I'm not really in a hurry... so do you guys think the prices will be more negotiable as the lots get filled up?
Thanks in advance for the responses...
And as I did state, I made it known that I was trying to sell my car first. The dealer was and is nice, has not tried to sell me a lot of other accessories, they were mentioned, but no pressure.
I am going to one more dealer to check on their price verse what I currently have. This other one only has "1" in stock, and quoted me an online price of 17000, plus the usual tax title, license, etc.
Now does anyone know why is it some dealers use KBB and others use NADA for book values? NADA actually has higher average trade in values than KBB.
Personally, once you've gotten the best deal that you think is going to come on the straight purchase of your new car, expect a somewhat lower than average trade in value. But at least you don't have to worry about selling your own car.
As an additional aside, the two cars that I've traded in both had somewhat alarming mechanical issues, so I was more or less glad to take what I could get. In fact, when we bought our Kia Sedona, and they offered $4000 for a rough '97 RAV-4 (hit three times, disturbing clank when it went over bumps, 100K+ miles you get the idea), I told my wife take it and run!
I checked the Mark Roberts Honda website and they have a handful of EX 4 dr/auto for $18488, which is roughly $500 less than your lowest offer. For what it's worth they seem to be straight shooters and plenty of people fly in from out of state to buy (if you believe this website among others). Roberts is located in Bartlesville, OK about an hour north of Tulsa and roughly 6-7 hours from Dallas/Fort Worth. Roberts' prices have been known to get folks better deals from the Tulsa dealerships, too. I wish I'd have known about them in 94 when I bought my Civic since I only live 1 1/2 hours away.
I don't agree politically with the owner, but that is for another chat group.
Gogiboy
Thanks!
Negotiated Price: $18,600
All in, TTL, I paid $20,352 here in NYC. It's a bit more than I would have liked to have doled out but I needed a car quickly and the Civic was an excellent fit. I think you can do better though.
The first price the dealer threw at me was a hair under $19k. I countered w/ $18,500. In retrospect I wish I had thrown out a slightly smaller number. $18,300 comes to mind - this is approx $300 over invoice and a fair deal in my eyes. After all, you'll never know what you could have gotten unless you actually ask. After throwing numbers back and forth we agreed on the $18,600 number.
Long story short, I am comfortable with the deal. While it's not great, it's good and I'll sleep just fine at night. I look forward to having the flexibility I need with this purchase - I can sell the car in 18 months if I choose or drive it into the ground for as long as it will let me w/o having to worry about going over the mileage or repairing excessive dents/dings.
Good luck!