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Comments
Based it on what they did last year.
I had also sought out prices in Dec. because I had a $250 extra discount certificate that was expiring. At that time, for various reasons, I was only willing to go to a price $1000 below my Jan price.
It was a convenience to get the car now, because another vehicle used by my kid needed a repair that we do not plan to do. But I was willing and expecting to need to wait to get to my price. I did not need to buy a car now, but I was willing to at the right price.
Actually that breakdown was the only reason I was shopping for price in Jan...after Dec, I had intended to check in again, if there was an auto show rebate in Feb.
Now if the guy who is supposed to buy my broken down teen-mobile tomorrow comes through, everything will have fallen into place nicely.
car buying is unique to everyone's skills and needs. some people dont WANT to spend 3 hours haggling, some people don't WANT to email every dealer on the left coast, some people just WANT to buy a nice car at a reasonable price and get on with their lives...
i would be one of them. i would rather do other things than haggle with a salesperson for 3 hours to get them "vested" in the deal so they have to practically take the shirt off their back. being as though i've been on both sides of the desk (where some of our new experts cant say they've been...) i don't see any reason to be a grinder. life is too short. i couldn't imagine if any other career paths dealt with the same kind of crap that salespeople deal with. its easy to point fingers and assume things, but like the old adage says...try walking a mile in someone else's shoes...
i know most of this will fall on deaf ears, and many of the veterans of this board have said this before to me. but, i always like to throw it out there for the newbies...
my two cents...
-thene
I'm shopping until I drop. And I'll drop my money on the table when I find the best deal on the car I want. It could take me a week, month or year. Why? Because a new car is expensive! I'm buying the car I want and I am paying the least amount for it. When I ask my sales person "Is that the best you can do for me" and he/she says "Yes", because I am dealing at arms length distance I will not accept the sales person's words as gospel because they have a vested interest at inflating the price so they get a bigger commission. No problem. I get it. I will not believe them because it is more probable that the buyer before me paid less than I did. And many times it is just not hundreds less, but thousands less. Saving hundreds or thousands of dollars matters to me. And all I have to do to save hundreds or thousands of dollars is shop 3-4 dealers in a 30-50 mile radius to my home or work. All I have to do is watch for the dealers who have full page color ads in the weekly paper - I KNOW they have to sell cars! I can shop around! That's easy! I can do that! Some people obviously don't need to save money, but I'm not one of them.
Average selling price of a new car is $27,800 (see Edmunds.com, How to Get a Used Car Bargain by Philip Reed and John DiPietro).
In the traditional space, sellers have worked for decades to maximize the selling price as sellers/marketers work very hard to maximize the search effort of all other alternatives: they are different, far, not nice, crooks, etc. If the search effort of shopping around is high, the aforementioned sum of price+search is attractive because the search at the most local MY dealership is relatively low. Those are the actual "goals" behind lying, telling you other deals will fall though, bait and switch, etc. All these tactics make searching more difficult and "expensive" for the buyer and thus lower competitive forces and raise the selling price.
Let us consider the impact of the Internet! It gives consumer pretty cheap (but not yet quick enough) access to dozens of dealers. Understandably, many sellers will want to try to switch you into the traditional space: "Should expect to see you here in 2 hours?". Understandably, not all dealers choose to "fully" participate in price disclosure: "I do not email my best prices". Obviously, what are they emailing then and why? Do you know that many dealerships and even manufacturers still do not offer inventory information? Luckily, more and more sellers in this market place are seeing the light that if they want to move enough volume they have to cooperate with online buyers... and offer more concrete details or information... thus they are forced into a competitive space where most NEW vehicles are treated as they should be: as pure commodities! Remember, which segment is growing at a faster rate?
"Resistance is futile, you will be assimilated!"
The edmunds TMV, less rebates is about $18,300.
Invoice minus rebates is about $17,400 to $17,800, depending on whose invoice figures you use.
By emailing a handful of dealers, near the end of Jan. it was easy to get offered the car for about $16,900. This was because there was a $500 per unit cash to dealer incentive, if they hit their sales quota.
Well, Thene, I guess some people just like to grind. I can enjoy playing golf for four hours and, if they can enjoy grinding out a deal for four hours, more power to them.
the only grinder i like is a nice tuna grinder with melty cheese and lettuce and onions!
-thene
no i didn't know that... what i've been told is a manager type can use their computer to logon to their car allocation and i've heard that they can see all the inventory in the region, plus they can see 2-3 months out (wow, i guess that explains why they can take ORDERS for cars!) i guess that explains why there are so many dealer trades and swaps between dealers; no dealer can have one of everything...
i'm still shopping 3-4 dealers in 50 miles radius, i'll use internet to get price quotes (and I Just Might Find a Dealer That ROCKS online to Buy From - hello!), and i will drive 50-100 miles or more for the right deal, of course i will, why won't i? i need to save money man, and for every thousand dollars i save off the sticker price equels $20 a month - that is HUGE over 5 years!!!! you bet i'm shoppin around, it's worht it... check those full page color ads, those dealers rock!!!! they have to... usually they are shooting for #1 in region to get choice of cars... this is what i have learned on edmunds.com...
You are willing to drive 100 miles to save money and you like dealers that have screamer ads, which goes against what a lot of people seem to think. However, you seem to enjoy your method of car buying, and that is the main thing. Keep on truckin.
Couldn't disagree more. Some people like to take a day to buy, some a week, some a month... others a year. It's a personal preference thing... right or "wrong" doesn't apply here.
I stay away from dealers who run screamer ads. I have yet to find one that is legit.
usually they are shooting for #1 in region to get choice of cars... this is what i have learned on edmunds.com...
Really? Maybe you should go out in to the real world with one of those screamer ads in hand. Oh, and if you can find it in the ad, don't forget to read the fine print for the price with an asterisk next to it.
we used to have people come in toting that ad, and we'd point out all the fine print that people refuse to read. then they'd still ask if we could do that price (uh, no...we arent using all those other items to make up the loss on the price of the car like they are)
i had one of my former colleagues call me the other day after my team lost the superbowl (they knew i'd be in mourning) and we chatted for a bit. told them i miss sales, but i didn't want to go back to it. he said "you always get sucked back at some point!" ha!
anyways, just some thoughts...
-thene
I test drove a Fusion soon after they came out...maybe Dec 2006, then the following spring and summer test drove cars on maybe 3-4 occasions. Took a second look at Fusion/Milan but did not drive in Fall of 2006 and also test drove 2007 Mazda6 at that time.
Contacted dealers regarding Mazda6 pricing last summer, because I thought of moving up purchase due to the rebates. Contacted dealers end of Dec. for pricing because I had an expiring $250 certificate for Mazda. Contacted again for pricing end of Jan. because of problems with another vehicle led to decision to consider purchasing now if price was right...which it was on Jan 31
If it takes you more then a month to buy a car, unless it is something really obscure and you just can't find it, then you are doing something worng.
You left out a fairly important part in the middle. If you are interested in a car that is hard to find or are cross shopping a couple of vehicles that are not out at the same time then I can see it taking longer then a month or so.
Now if someones "goal" is to find and buy a easily available vehicle within a month, and are unable to do so, yeah... then they may be doing something wrong.
I meant that at some dealerships/automakers the inventory information is not directly available to the consumers. :surprise: Furthermore, some automaker sites disclose more details but make it pretty difficult to do a very broad searches without looking up dozens of zips...
If the car is found locally, not a problem - no charge. However if there is freight involved, the customer will be charged. Also, if the other dealer wants a car back from our stock, the return freight is also passed on to the customer.
-thene
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
too many people need to approve, sign off, get the right paperwork, use the right accounts, get the owner to sign the check...
red tape everywhere!
too many people need to approve, sign off, get the right paperwork, use the right accounts, get the owner to sign the check...
red tape everywhere!
In truth, most people do not want to grind. OK, there are a few who love that but majority of the people certainly do not want to resort to nastiness, lying, etc.
Over the years, if someone constantly tries to overcharge, the other side will eventually resort to grinding when it "determines" it has been screwed over a few times... Facilities like "prices paid forums" disclose some pretty reasonable discounts. Thus, increasingly internet enabled buyers believe that grinding is the only way to get a good price, you are not going to get enough folks to lay down and take the first offer. Just like many salespeople, many buyers work very hard to earn their wage and some are equally resistant to letting go of that cash.
I do not like to grind, I know that much and I have done a modified and online version of the bobst method in the past. However, if you tell me that if I grind for 2 hours I get to keep $1000 of my hard earned cash: I am willing to do battle for that kind of wage. Who would not?
I'd never leave a deposit for a car unless I had a VIN number on the contract, estimated miles on the car, and a reason time in which a full refund from the dealer was due if dealer cannot perform (contract null and void?); I would also write on the contract "subject to inspection" (i've heard most trades go smoothly); are there any lawyers in the house? help on that verbiage ("subject to inspection") would be ... helpful.
If you want me to actually call around and start trying to work a swap then I want a deposit.
That means you aren't getting a VIN because I don't know which of the cars avaliable I am going to be able to bring in.
The car does not go off the inventory list until it's registered, and delivered to a customer.
So, many times we have to call another dealer to confirm it's availability, which requires some time and effort.
I know some of you shoppers will say that a phone call is no big deal, but think about it if the manager has 15 locates to do from the weekend for SOLD customers, and we have to trade cars for them as well, and some dealers might be busy so we have to wait for them to call back, it is actually very time consuming.
Therefore when a call is made and they're willing to trade, we do the swap right away, hence the deposit requirement.
Otherwise we can be calling each other (dealers) back and forth and asking for cars that we're not sure we want to trade, or "maybe, we'll think about it". It's time consuming and time wasting unless a deal is in place.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
I have done swaps just on a person's word before but those are people I have sold multiple cars to.
unless you know a dealer and have done lots of business with them before, chances are slim to none that they'll do a swap without a deposit.
put yourself in the dealers shoes. if you sold something, and people always wanted you to get that same something but a different color from someone else, wouldnt that be frustrating and tiresome? you have plenty on the lot to pick from...
dealers do swaps, but some dealers don't swap with others. also, most dealers lose holdback on swapped cars too. less money makes the transaction less desirable.
some things you should think about...
Ridiculous...you think the customer should settle for the color you happen to have on the lot, instead of the color they want. Fine why don't you just say "no, we are not going to get that other car for you, if you want it go to the other dealer and buy it".
If full inventory information in the whole region is available to consumers, there is much less reason for internet shoppers to bother with transaction that involve swaps. It does make trasaction more complicated, tricky, and risky for all parties involved. If the informaiton on all stock is available, internet consumers need not outsources these tasks to dealers. Paying one dealer is probably enough, why involve two?
Obviously, there are still traditional buyers that may utilize the swapping services.
If the dealership isn't interested in helping me in that quest, no problem. I'll just "bobst" it down to the next place.
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Doing swaps without agreement (from consumers) is equally risky practice for dealers! Why? Consumers have been known to walk away... for better deals elsewhere.
How do we overcome dishonesty and distrust? If we stick to contract "rules", we need to have dates, VIN, miles, & dollars before any kind of agreement becomes legally binding.
i am, by no means, telling people not to be careful when purchasing a car. I am, however, asking people to sit on the other side of the desk, and try to understand what the other side goes through.
there's just so much anger and hate, and there really are some good caring salespeople out there, who really want to help you get the best car for the best price!
-thene
A. Be with a customer
B. Day off
C. Out to lunch
D. Not returning calls
Once you make contact, the answer may be:
A. Car sold last night
B. We are working a deal on it, call me back in 3 days
C. Just put it into loaner or demo service
e. We added $3000 worth of kit to it
f. You don't have a car I like to trade back
It is not an easy, one call process in most cases
This is the way it works with other products...it's the dealers that are always saying "we can get you whatever you want". I have even said to a salesmen "you don't have what I want but dealer X does, so I think I'd get a better deal over there as they have it in stock". The salesman then tells me it does not matter the price will be the same whether they have it in stock, locate one, swap, or order.