Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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Only if they have time sharing models available. :P
Last time I did major yard work, I got 6 CU YD each of mulch and soil; I had it delivered. I never, ever want to move that much of anything again by wheel barrel. :sick:
Sounds lie it could be a Advil commercial
Am I the only one that finds it funny that Lowes rents Ford Trucks????????
You would think they would rent Chevrolets seeing they dump major coin every year into the 48 car.
Not to sound dumb but I am from the North East. Car 48 is that Nascar?
Side note: I have asked this question before, does anyone know what NASCAR stands for. I could be wrong but I came up with National Association of Sport Automoblie Racing. I could be wrong it is just a guess.
National Association seems right..
AR = Auto Racing? Doesn't seem right..sort of redundant..
Someone from North Carolina should know..
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Weere arre ya'll southerner's at anyway? :P
Actually it stands for
National Association for Stock Car Auto Racing
Joel are from Atlanta? If you are did you ever hear of the Bubba Olympics?
Why would "Auto Racing" be redundant? Not all racing is automotive (heck the worlds greatest race isn't automotive) and not everything done with cars is racing.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
But, put Auto after Car? :surprise:
National Association for Stock Car Auto Racing
Seems you could have left out the Auto.. Of course, it wouldn't have made a nifty acronym with the word car
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Am I the only one that finds it funny that Lowes rents Ford Trucks????????
You would think they would rent Chevrolets seeing they dump major coin every year into the 48 car.
Maybe they are afraid the Chebbies can only turn left :P
I have to confess, until someone mentioned NASCAR, I had no idea what you were talking about.
Everyone agrees that left turns are much more dangerous than right turns, right? So couldn't they have the cars go around the track the other way and make the sport a lot safer at a single stroke?
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Fun stuff and we actually came out $50 ahead.
Fun stuff and we actually came out $50 ahead.
Everything goes the wrong way. Watch the toilet swurlie when you flush.
The dealer is large has many Libertys and other Jeeps in stock.
1. If I am looking at a car that retails for $25,000 that the dealer got for $20,000, do I have any room for additional negotiation?
2. How would you recommend that I approach the dealer? For example, is it fine for me to do everything over the internet?
3. If I go to the dealership, do I mention the discount early on during my interaction or do I wait until we start talking about price?
I am weighing my options for a lease or new or used car financing. If I end up going with a lease, I saw that Edmunds recommends that I try to get the car with no money down other than the drive-off costs, however, I do have a car that can be traded if I choose to purchase.
This is the first time that I am purchasing a car on my own, and I am not sure about how to properly use the discount to my advantage.
That's rather the whole point - there's a set number.
But it's a cheaper price than any retail customer is going to get and there's no negotiating, you'll have the numbers set in minutes. Not a bad way to do it if you can!
We used to get it a lot with the Jaguars and Volvos on A-Plan.
I remember back in '98 a base XJ8 was $55,330 MSRP and $48,410 invoice and the market on them was pretty tight.. a cheap deal was about $50,500 and typical was $51,000-51,500. The A-Plan price was $47,600 or so and A-Plan prices are not negotiable, IIRC we had to fax/mail a copy of the buyer's order to Ford, and if it was $1 high or low we didn't get any credit. Still, some people thought it was negotiable, it was not. If I recall they were roughly $3,000 deals for us, which was about in line with our average margin on the cars.. $2,500-3k for sedans, $3,500 for VDPs, full crank for XJRs and about $5k for XK8s. We also had the option not to take an A-Plan deal, so rare and high-demand cars wouldn't be sold on A-Plan, such as XJRs, XKRs, etc. We were a small store and didn't get many of those regardless.
"Sir, the A-Plan price is $47,600 plus tax and licensing charges from the state, or 6% plus about $187.50, that's it."
"I'll go $45,000"
"Sir, the A-Plan price is set by Ford, we can't negotiate off of it."
"I'm never paying your asking price"
"OK, the car is $55,330, how much would you like to pay?"
Nissan works in a similar manner... price is fixed and set in stone. With Jaguar, it was treated like a courtesy delivery in many respects. Like I've said before, if you can get a deal like this, jump on it... you get a killer price and there's absolutely no negotiating whatsoever.
I when I was shopping, the Altima with my supplier discount wasn't such a great deal to me.
Most discount programs have a specific protocol you have to follow. I had to bring a completed form to the Subaru dealer when we got the Legacy. They also gave me the rebate and the financing deal they had at the time.
On aforementioned Jaguar that would be about $49,500 ro about $1,100 over invoice. That was at LEAST $900 less than the cheapest deal we would take on one.
I know this sounds dumb but how do you make $3000 on a deal $810 below invoice? Does this involve some of that double secret handshake money I've heard about? :confuse:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I'm going to make a guess here and say that 'brentwood' meant, under normal circumstances, (no plan type purchase) they would make $3000 on the sale of a Jag.
My guess sounds reasonable anyway.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Basically, they pay money to the dealers every time an employee buys a car. These contracts are negotiated between the UAW and the manufacturers.
I suspected that was the case. thanks.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
If you are looking at a car that retails for $25,000 it has to be a Altima 2.5sl. There is no way you can get it for $20,000. Maybe $22500 with the vpp pricing. I wouldn'y expect anything less than that. If you are getting that discount it sounds like you are buying a base with After market accessories. :confuse:
Through the Vehicle Purchase Program (VPP), NNA and affiliate employees pay a pre-negotiated price for a Nissan or Infiniti vehicle: dealer invoice less any applicable incentives, plus a destination and handling charge and, if applicable, an advertising assessment fee. NNA would pay the dealer the entire delivery fee equivalent to 5 percent of the dealer net price.
For employees of NNA and Affiliate-companies and their immediate family members, the VPP price is calculated as follows:
A & B PLAN
Dealer invoice
Minus VPP discount (Nissan 4.3% : Infiniti 3.58%)
Plus dealer added options, Security Plus, Infiniti Extended Protection Plan, etc.
Plus destination and handling charge
Minus applicable incentives
Equals participant’s purchase price
For NNA and affiliate employee sponsored friends and extended family members, the VPP price is calculated as follows:
C PLAN
Dealer invoice
Minus VPP discount (Nissan 2.87% : Infiniti 1.65%)
Plus dealer added options, Security Plus, Infiniti Extended Protection Plan, etc.
Plus 2.5% delivery fee of dealer invoice after VPP discount has been subtracted
Plus destination and handling charge
Minus applicable incentives
Equals participant's purchase price
When a dealership sells a new vehicle to you at the pre-negotiated price indicated above, it qualifies for a 5 percent delivery fee. For NNA and affiliate-company employees and their immediate family (A Plan and B Plan participants), NNA pays the entire delivery fee. For extended family and friends of NNA and affiliate-company employees (C Plan), NNA pays half the fee and the customer pays the other half. Please note that only dealerships in the continental United States, Hawaii and Alaska are eligible to participate in the VPP.
Through the Vehicle Purchase Program (VPP), Business Associates pay a pre-negotiated price for a Nissan or Infiniti vehicle: dealer invoice less any applicable incentives, plus delivery fee, plus a destination and handling charge and, if applicable, an advertising assessment fee.
For Business Associates, the VPP price is calculated as follows:
D PLAN
Dealer invoice
Minus VPP discount (Nissan 2.87% : Infiniti 1.65%)
Plus dealer added options, Security Plus, Infiniti Extended Protection Plan, etc.
Plus 2.5% delivery fee of dealer invoice after VPP discount has been subtracted
Plus destination and handling charge
Minus applicable incentives
Equals participant's purchase price
When a dealership sells a new vehicle to you at the pre-negotiated price indicated above, it qualifies for a 5 percent delivery fee. For Business Associate companies and their employees and the employee's spouse (D Plan), NNA pays half the fee and the customer pays the other half. Please note that only dealerships in the continental United States, Hawaii and Alaska are eligible to participate in the VPP.
$20,425 MSRP
$19,194 Invoice
$19,269 Sales Price
($500) Manufacturer Rebates
$18144 total cost
$625 Delivery
Net Cost: $18,769
I don't think it's the Altima, because you can get it for just over $18,000 plus delivery.
Are you replying to ladydriver? :confuse:
If you are looking at a car that retails for $25,000 it has to be a Altima 2.5sl. There is no way you can get it for $20,000. Maybe $22500 with the vpp pricing. I wouldn'y expect anything less than that. If you are getting that discount it sounds like you are buying a base with After market accessories.
Just too clarify your numbers you posted these prices for a 2.5sl. Which will never happen unless there is $3000 in rebates. It is possible on a 2.5s. If you could get that price on a sl Then by all means buy ten of them so you can sell them and make a profit.
*checks again*
Ah - I see - you're talking about the 2.5S with the sl package. IMO, you're silly to pay that much extra for
sunroof, leather, and wheels, when it's cheaper to get those added individually(CVT aside - anyone who buys an Altima 2.5 with anything other than manual... eccchh.)
SL package:
Leather seats(pleather/textured artificial leather at that - certainly not full-grain cow hide)
16 inch alloy wheels(useless, IMO, compared to better tires)
Power driver's seat.
sunroof
miserable CVT transmission
Is this all worth $4350 more?
Now - it doesn't SAY it's $4350 for that option, but configure it and you'll see that leather seats... have to unselect the manual transmission. Oops.
2.5S with the convenience plus package:
Net Cost: $20,010(cars direct)+$625 delivery.
This basically the 2.5 SL sans leather and CVT.
I can get leather interior - the real stuff like in a Mercedes S class for most cars for about $2000. And it has a ten year warranty on it. That's if you really want leather and the CVT.
(actually for $25K, I'd rather buy a RX-8)
Right if you get a 2.5 SL you have to get a automatic. I was responding to your original post which you used a trim level 2.5sl...
I am a sales rep for nissan and was just trying to point you in right direction. Since you state you were looking at Manuals then I would say your info is correct. Best of luck shopping.
Nissan's site lists it as "2.5s with SL package" - kind of an "easy order" option, but it's still a 2.5 with silly levels of markup. Few people buy a 2.5 and load it up instead of buying a 3.5.
You would be very surprised at how many people want a 2.5sl... But as they... to each their own. Good luck with your shopping experience.
Edmunds TMV says 23,121, which is a few hundred over invoice AND destination. But in the real world does not the dealer ADD destination charge to the sales price before subtracting the incentice? I ask because if that's the case, a fair sales price that I'd want to pay is a few hundered over the "invoice." Thoughts?
You can probably buy one of those for a few hundred over the actual #. Instead of going nuts over fees, compare the sale price of the vehicle. The $1750 cashback, if it is a rebate, is going to be deducted from the total sales price of the car including taxes. You do pay tax on a rebate.
Holy cow! I thought your prices were way off so I ran the Edmunds TMV for the RX-8. With rebates Edmunds says just under 23K for the base model! That is cheap! I thought it would be 10K more than that.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2007 RX-8 Touring:
Customer Cash Adjusted True Market Value $25,748
That includes $595 delivery. Cars Direct has their including delivery for $26,013.
Oh - wait two months or so. The rebate will get closer to $4K. I've heard of people getting a base model RX-8 for a bit over $21K at the end of the year.(Nov/Dec when sales are slower for sporty cars and the las few 2007s are on the lot unsold)
edit: this is better than a sport with the performance package for ~500 less, since a stock Touring is easier to find AND it ha a few goodies like better speakers and so on, plus homelink and a sunroof.
I'm not arguing but tax must be calculated differently in different states. I just checked my bill of sales for purchases in 2005 and 2006 and PA did not charge sales tax on my rebates.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl