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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am looking for the same exact car. Do you mind giving the dealership where you got that deal? TIA.
2016 Rogue SL Premium Package OTD for $28,700. The location is: 22031
Thanks!
Anyway, right now there's a $2,000 incentive making the TMV average price paid $28,474.
Your selling price should be lower than that. I'm guessing your tax is close to 10% so that would make your selling price around $26,500.
Sounds like an excellent deal from here, if my assumptions are correct.
I drink chicory in my coffee every day but I don't know your market - seems like an average deal if the dealer was local. But the selling dealer will likely send two porters and two cars down to deliver the Rogue to you and that'll kill 10 to 12 hours of their day. The expense to the dealer would be about the same (or more) if they flatbed it to you.
Looking at it that way, it's a good deal. Dealers often charge $800 or more to deliver cars a significant distance.
Not sure why a local dealer is hemming and hawing - maybe because they know they can't get one with the third row.
Laissez les bons temps yada yada!
dealer would not go lower than $31,800 before taxes and fees (rebates already included)
seems me a bit high from the research I've done through edmunds and truecar, but I'm a first time buyer and I don't know what a good deal would be for this car.
Thank you...
Secondly I got an offer of 23K out of door for the Base model(Memphi), should I wait till the end of November or lets say end of December so that the new model is out and I could maximize my discount on the old model.
Welcome @babu1212, you live in some of my old stomping grounds. Was in M-town for a couple of years in the late 70s. Bought a few cars there when I was in N. MS but it's been too many years to know your market now.
The "excess" inventory should help you and the end of the model year will help. btw, I "only" see 133 Rogues around Memphis but inventory listings are notoriously inaccurate. (link)
If you want to maximize your savings and aren't too picky about color, then the end of the November should save you some money. And waiting until the end of December should save you even more. Your selection will keep shrinking though.
The other factor working in your favor is the slowing car market - it's been plateauing for a while now and I think the bubble of new buyers has worked its way through.
TMV is coming in at $22,527, about $700 below the invoice of $23,173 (including the $900 destination). That's for the base S FWD with no options.
So $23k out the door isn't bad for a starter quote.
Oh, be sure to compare numbers with a similar 2017 (assuming you wait until they come out). Sometimes the price difference between the new ones and the leftover models isn't worth it and you are better off getting the latest model.
Autonation Memphis 65
Landers Nissan(MS) 54
Jim Keras 67
Wolfchase nissan 126
Also i am not very keen on a particular color or option on the car, do you think i can save another 2K if i wait till 31st December to get the absolute best car deal.
A week later I learned that Nissan extended the year through Jan. 4th for dealer quota purposes. So I still left money on the table.
And yeah, that's the super bowl weekend for car buying deals. Another $2,000 off might be doable (I'd test the waters around Thanksgiving first - maybe you can find a deal on Black Friday).
Please keep us posted.
The dealer dropped the price by 250$ more this morning total 1000$ drop in less than 2 weeks, can i ask 22K for OTD price quote of 24800. Is it possible on black friday or 31st dec or is it an outrageous offer?
Just be ready to buy "today" in case they say yes.
That's a big counteroffer so yeah, it probably will be thrown out the door. That's okay though - it's just business and they won't throw you out the door. And they may surprise you with another $1,000 bucks off or more. Hard to say.
$2,800 more off may not be doable on Black Friday or at the end of the year either, but your odds of a better deal are better then. If you aren't in any hurry, sure, hang loose. Just keep an eye on the inventory as the days go by.
http://www.truecar.com/blog/2011/12/06/december-has-seven-of-the-10-best-days-to-buy-a-new-car-in-2011-according-to-truecar-com/
http://www.forbes.com/sites/jimhenry/2014/11/26/black-friday-car-deals-are-great-new-years-eve-maybe-even-better/#7d272ece32ad
And by incentives I mean the manufacturer to dealer bonuses and spiffs in addition to any cash back or low APR rates offered to consumers.
So that means the current sale price is just average.
Your thinking about why the dealers aren't giving you quotes is spot on, but that's part of the game, and we shop quotes on everything else. No reason why car dealers should be exempt. I'd send out another series of quote requests, maybe emphasize that you are ready to buy today from the dealer that gives you the best price.
Sales have been easing across the board so there's no reason to thing that prices won't also ease.
If you are willing to travel, you're only about 2.5 to 3 hours from the bigger market of Philly.
Doesn't hurt to ask, play the Black Friday/end of month game and try to shop quotes around.
Finally got my car Nissan Rogue Base model on Black Friday for OTD price of 20,500. Thank you i got a hint from one of your replies you had said Nashville is an aggressive market than Memphis. I checked in Nashville
they delivered the car at my home in Memphis for 20,500.
Congrats! Good job!
Invoice is $30,541 and the True Market Value average price paid for a Tampa zip is $28,946 for the Premium with destination.
So you're another $2,000 under TMV and that includes your 7.5% (?) tax. And I'm ignoring another $1,000 in goodies that your Rogue has.
Your offer sure looks strong from here.
My Final Deal
List Price SL Rogue - 32,650
Total Off MSRP - 10,604
Accessories - 2,350
Purchase Price - 24,396
Outdoor price in FL - 27,664.
If this helps anyone or please comment if this indeed was steal deal.
Any help is appreciated, and thank you for your time.
Your $24,000 target is $2,473 below invoice and seems doable just going by raw numbers. But $24k is 20% under MSRP and that's about the outermost range we see. The 15 to 20% off deals usually are offered on slow moving vehicles at the ends of the month or quarter or year.
The Rogue doesn't seem as popular as a CR-V but it's not a "dog" that dealers would usually work extra hard to clear off the lots. And I only see 29 SVs within 50 miles of your zip. Inventory links aren't all that reliable, but that's not encouraging for 20% off MSRP.
$25,000 to $25,500 plus TTL may be a more reasonable target, but you have time to test the market and find out just how low you can go. @chiku18 proved me wrong and hopefully you will too. Good luck!
Probably going to get something done tomorrow. I'll let you know what I end up at. Thanks for the information you provided, Stever.
After researching, pricing, and test driving a number of vehicles, we've come to believe a 2016 Nissan Rogue SV AWD might be within our reach. Might. It's going to be a long reach.
I'm trying to figure out how to get the absolute best price possible. I'm in the 60640 zip code and I've sent out an email asking for their best OTD price. I sent the email to about 20 or so dealers in the area including Indiana and Wisconsin. I'm hoping for a dealership that needs a sale. I can close now. I'm pre-approved through my credit union. I need to get as close to $20,000 OTD as possible. $23,000 absolute max. That puts my payment at about $350 at my interest rate. That's my max.
I know I'm asking the world, but...I believe!
Do you think I'm reaching too far? It's the end of the year, I'm hoping maybe somebody wants to sell me something.
By the way, I am going to go for the 0% APR financing, so I might be only eligible for $500 manufacturer's cashback instead of $2500.
Thank you very much.