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Comments
1750 held on trade,full dealer list on new widget,cust gets 1000 dealer loyalty rebate,plus 1234.56 dealer fee, 1 and 1/2 points,gap,etch,rust and dust,platnium service contract,road hazard,maintenance (oil changes) with synthetic surcharge and joint a/h&l .
looks like the deal will wash around 9200 front and back. :shades:
payment on leases are based on payment plus tax.I quote plus tax on the payment for non leases if they dont put the tax down. (it is a jedi mind trick) :P
example cust put 2 grand down and payment is 400 including tax in my deal screen. i will go for another pencil @ 456 with 2000 k down or 428 with 2000 plus tax down.
cust will counter with 428 with just 2000 down. :shades:
A WIN WIN CLOSE
God bless the linda and larrys in this world. :shades:
"There is no trade. The agreed negotiated price is $20k (no rebates). 7% tax is $1400. Total financed is $20k +$1400 + $500 dealer fee + $400 tags/etc. for a total of $22.3k. At my preapproved 5.4% USAA loan, the 72 month payment is $363.29.
I don't want or need any mop/glow, insurance, wear care, etc.."
???
And by the way, I love your stories, so keep them coming!
I got a question for you. what if I paid cash and rejected everything that the F&I manager has to offer. What is the back-end of this deal then. The car that I bought has a MSRP of 29,035, invoice of 27,033 and I got it at 26,600. Holdback is 2%(Honda). What is the total gross that this car has? I'm just curious.
Thanks.
Szer
The plant is in indiana :shades: they want subaru to build better camrys for them :shades:
yota/hino bought isuzu for diesel tech and to learn how to build a truck :shades:
future isuzu plant is in alabama :P
honda pays the dealer stairstep bonuses to sell cars. :shades:
No one ever pays retail for a honda. :mad:
Honda buyers are referred to as antenna heads in the car biz.
We have to deal with strict privacy laws now!
"There is no trade. The agreed negotiated price is $20k (no rebates). 7% tax is $1400. Total financed is $20k +$1400 + $500 dealer fee + $400 tags/etc. for a total of $22.3k. At my preapproved 5.4% USAA loan, the 72 month payment is $363.29.
I don't want or need any mop/glow, insurance, wear care, etc.."
we send them to yota or honda.
Could you elaborate more on this matter and how it came up to 0 gross and what is the stairstep bonuses? First, what shocks me the most was that it was the salesman who offered me at that price. Since it was wayyy below to what I was willing to pay. I just took up the offer. I think he must have some good reason to do so on an 08 EXL AWD w/Nav.
Wrong...they HAVE, rarely but generally they don't do this.
" No one ever pays retail for a honda"
Wrong again.
"Antenna heads" ?? That's a new one on me.
Yesterday, I ran, literally non stop all day. My pedometer registered 6.8 miles at the end of the day. Four cars down the road.
I slept this morning until the phone woke my up at 8:30. That must be a new record for me!
at honda stores do they have a picture of each model on the keyboard?
if you sell the rust and dust do they consider that like a supervalue meal at a toyota store?
I have done deals like that so the salesman/deskman/owner hit the next spiff level. :shades:
Nothing is ever free. You paid for those things. thye just weren't a seperate charge.
Stil, it made you feel good about the delivery and that is a good thing!
2018 430i Gran Coupe
We charge a 50.00 doc. fee on all new and used.
Toyota already knows how to build a truck.
Mack
Yeah I agree, funny story, "Larry and Linda laydown".....LMAO
Sounds like a porno film duo. :surprise:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I would not be surprised if people in Naples traveled 300 miles to buy a car. I know I would if all you say was really representative of the place. :P
2018 430i Gran Coupe
Dealer fees are like banking fees. They started as legitimate reimbursements for services that were not included in calculated markup from invoice to retail price and morphed into monsters everywhere there was no state-imposed control. It is a matter of time before we see ads for $1 price with asterisk dealer fee of $19997 or whatever you can think of.
As a declared free-market supporter I cannot say I blame dealers for doing it. I also don't see need for state to cap fees. What they should have is something in spirit of truth in disclosure and force dealers into putting those fees on the cars next to their stickers and on ads not as asterisks, but in the same letter size as the screamer price - or better force them to include the fee in the final price. This would solve most of the BS advertising and make those fees non-issue. Want to charge me $1399 for clerical fee? Sure, just put it in your ad next to your "price" people going to the competition charging $59. :P
2018 430i Gran Coupe
That's a bit of an over statement. I'd bet a person with average intelligence looks at that and says WHAT??? Now to Mr. & Mrs. Laydown, maybe not.....:)
2018 430i Gran Coupe
To prove this next time you are shopping and something comes up $17.32 give the clerk a $20 bill and after they input that into the cash register say "hey I have 7 cents" then watch their face.
Judging how many people got themselves into adjustable rate mortgage
Adjustable rate mortgages are very good deals for many people. It just depends of the persons circumstances.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Of course he doesn't. To make 500K to 750K per year in the car biz you have to work 12, 14, maybe 16 hours a day. By the time you get home (even if you live on the second floor of the dealership) and kiss the dog, kick the wife, take a shower, have a bite to eat, etc. the day is shot. You might be able to travel once or twice a month but after that you'd have to call in sick, Then that kills the looong days needed to make the big bucks.
It's just a vicious cycle , that car biz.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
You are still too sophisticated. Sometimes saying I have 32 cents would still make them puzzled for a moment at least. Seven cents is already college degree level.
Adjustable rate mortgages are very good deals for many people. It just depends of the persons circumstances
I know that, but probably less than 20% of those who took them really knew what they were doing and half of those probably would still be better off with fixed rate or no mortgage at all.
2018 430i Gran Coupe
It's a friggin curse to have the ambition to work a 100 hours a week to support an exotic lifestyle you have no time to enjoy.
Somewhere along the way the end goal gets lost in the means.
retirement, that's it, then drop dead a few years later, end of story, but a least it happens on beach front properity
It doesn't just happen in the car biz though....
Now, being the owner, that's sweet
I know I am.
Party on.
The quality, not so much.
Party on!
That's assuming you are fast enough to figure out the 7 cent part! We should get Jeff Foxworthy to try that one out. :P
tidester, host
SUVs and Smart Shopper
And the mystery is why you passed up a golden opportunity to reverse that. :confuse:
In any case, the topic is not what you perceive the quality of the topical discussion to be.
tidester, host
SUVs and Smart Shopper
Same deal here. You have to get rid of maitanace records because of Privacy laws. Would anyone really want their personal info out there with todays credit theives?
GP
on a deal likethat you know you are holding reserve, but the finance person did the rest. It always funny, the people that fight you on the front of a deal always buy everything on the back. So sometimes it is a gamble.
GP
I know which one you are talking about. The one in Sharon which I believe is not to far from you. How could you not know with Herb Chambers on every comercial promoting it. The thing with Lexus is those buyer are not going to go out of their way for service. I really don't see anyone driving from the North Shore through Boston to get service. Ya know what I mean?
GP
retirement, that's it, then drop dead a few years later, end of story, but a least it happens on beach front properity
I’ve always tried to live by the thought that while the money is nice, it’s the journey that we’re really after. Like spending time with the family and especially watching the kids grow up (now grandsons) in everything they do from making sure they know right from wrong, helping them with their homework, going to their games, going to school functions, etc.
I was very fortunate to have a pretty good job that didn’t require me to work more than 40 hours a week, although I did work more when there was a real emergency and that’s where you have to be able to distinguish a real emergency from something that can wait until the next day. My bosses knew this and so did the people I worked with. Since I’m not all that bright I have to keep things simple and it has worked for me.
About that retirement thing, again, I was very fortunate to have done this at 55 although my old employer has bought me out of retirement several times as a consultant but I’m doing my last tour of this now and when it’s no longer fun, I’m out. The problem is, it is fun, the pay is great but like I’ve told Mrs. jmonroe several times, I’m NOT going to drop dead at my desk, no matter how good the pay is, just because she wants me out of the house.
Now, being the owner, that's sweet
It’s always been great for the successful entrepreneurs. They’ve created a pyramid scheme and most of us don’t even realize it. :surprise:
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
The only personal information that is enclosed in the service records is name/address. Theses are the same things that you can get in a phonebook. That's my opinion.
-moo
-moo
I have top say the posters on these boards represent a small peice of the pie that is out there. I beleieve the consumers that come here try and learn how they can recieve a great deal and kudos to you for doing it. Thnakfully like I said it is a small part of the pie.
That being said our job as a salesperson is to make the most money that we can. I haven't shared all the stories where I make good deals because:
1) Maybe the person I sold a car to is reading these posts
a) so for that instance I may change a vehicle or a name to protect the innocense
2) I don't want to hear the rants of consumers of I cheated a customer or what ever you want to call it.
But thankfully for Deskman Not worrying about being a evil doer
I will share some of my stories/ still changing names to protect the onnocent
I will still and be happy to get people the information they need to recieve a good deal.
My opinoin on the Madmanmoo is:
1) Both parties were pushing the line on disrespect :surprise:
2) If you don't think Madman is credible than you haven't learned enough on these boards to know something about the business. Car guys joke around a lot. It isn't easy when you are the middle guy battling the managers and the consumers trying to keep everyone happy.
3) I think both parties should agree to disagree because I beilieve both Snake and Moo are good contributors from each side of the fence
I do have to admit that I love watching the drama unfold it does make things exciting.
Lsot track of where I was going but
Can't we all just get along
GP
GP
Get to work keys were already to go start keying them up everyone shows up around 1pm out there in snow, than freezing rain , snow again sleet, get everything done around 7pm What a day. One Chinaman shows up just wanting to look not buy and doesn't want to test drive, duh... takes up 45 minutes of a newbie's time which we could've used outside moving cars. Thankgoodness we got it done yesterday becaus it would have all been frozen today making 2-3 times as hard to do.
You have to love New England weather. Did anyone take action on the Pats 24 point spread?
GP
It feels like all I have been doing lately is snow removal
Firstly, due to the fact that I've calmed down, I do apologize to both Snake and Jmonroe for the nastiness. I can get a temper sometimes.
Secondly, of course we can have a forum where we all post. It is inevitable that a conflict will arise, but nothing that can't be undone with a kind word or two. Salesmen and consumers cannot possibly agree all the time, but that's okay.
Thirdly, as far as drama goes. . . This can be better than reality television sometimes!
Post away and happy sales.
-moo