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Terry.
There is a local dealer in my area that offers a buying service (they are actually a leasing company/garage that occasionally sells sed cars, mostly trades). They do a large used car leasing business, and also sell some.
basically you work out what you want with them, he checks the auction books and gives you a price which includes a thouroughly once over (brakes/oil/tires, whatever it needs), pretty much like a certified car at a much better price.
This only makes sense if you know exactly what you want.
Also, if anyone wants more info, send me an email (this is in the southern NJ area near Phlia.).
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
It's sorta like smoking... once you start you cant stop
Bill
From what I know, sounds like you also did well on the Sequoia too.
Best wishes with your new SUV, from the weather reports I keep hearing you're gonna be needing the 4WD!
Bill
Good old Sammy Boy? He actually used to own some stores down here (North side of Orlando area) which he sold to AutoNation USA (Lucky him assumign he didnt get paid in stocks!).
I'd say that you're probably dealing with the same Used Car people, however, you may try swinging it buy the BMW store just in case.
Keep me posted on what happens.
Bill
Malibu is very good to deal with as long as you know how you're buying the car:
Straight out of the lanes. "Oh, the back tires are shot? Oh well. Oh, it needs a total detail? Well, I guess you're gonna have to detail it then."
But their pricing reflects that. And I would have no reservation buying from them again, I have before and theyre very straight shooters. Remember, we generally buy cars sight unseen!
Bill
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
You didn't mention, if this was a SLT or auto on yours...V8 size is important. But, this will give you a good idea. Your mileage is not going to help..so let's hope you have New tires. Let's just figure 5.9 / auto / Slt...who-ever you might deal with, is going to be thinking somewhere around $13,800 to $14,500 ish range..with everything being just about peachy.
If you are looking at Durango's (great vehicles )..... I will just give some figures that I have seen in the last 2 weeks..the Dealers can sell one to you in a 99 Durango 2wd with low miles for around $19,000 ish or less...and if you go with a 2000...nice / clean etc, A dealer is able to sell one for about $21,000 ish or less. This will at least give you an idea....but this is pretty darn close...depending on the equiptment.
Good Luck,
Terry.
However. I'd say that if you want to lower your payments, you're better off refinancing your current truck via a site like peoplefirst.com
Say you owe $18K on it, and it's worth around $14,000 or so. You're about $4,000 negative, equitywise.
So, say you have $5,000 down and are able to buy a Durange, used, for $19-20K.
So you then have to finance $18,500 or thereabouts. (Say the Durango is $19,500 and your truck is $14K)
There's no way to get to a payment of $200 there. Upper $300s (Assume $20.50/mo/$1,000 financed over 60 mos at about 9.0%, which is a strong rate and you have $380 or so without taxes or tag fees.
Bear this in mind before you go through the motions. You may be better off throwing the $5K towards your payoff and then refinancing the $13K balance. Try a site like peoplefirst.com
You ought to get just below $300/mo, but you'll be back at 60 months again. However, you wont be out of equity.
Bill
Bill
btw just out of curiousity - what would hold better value after vehicle was paid off - dodge truck or the durango?????? thanks again !1
Well, From what I have seen, Domestic Full-Sized trucks seem to hold their value well in the right areas, and I'd say that Texas is a good market for them. (They are very tough to shift in the NY City metro area for example).
I think that SUVs are a fad. In fact, we're strating to see the very beginnings of the market on them die off.
My prediction? By the year, say, 2007, You'll see the death of the ML320, X5, Many of the Toyota SUVs, Several GM products, etc.
Again, no crystal ball.. but Im curious to see what happens.
Bill
I'd need a lot more info to help you:
Mileage, Model, Color, condition (Any paintwork? Clear title?), Equipment, What State the car is in, etc....
These can vary quite widely. Get me some more info and I can give you an idea.
Bill
That helps a lot. I don't have oodles of data to go on, but it appears that if it's nice and free of paintwork, It appears to be worth around $12,000-12,500 or so wholesale.
If it's a V8, that goes up roughly $500-1,000 or so it seems.
However, whenever someone claims to be selling a car at wholesale I tend to get suspicious.
Why? Why sell it privately for wholesale when they can just run it over to a dealer and get a check cut for thereabouts and save all that hassle.
Let me know what they want for it, I'd also try and get a VIN ahead of time if I were you and run a carfax on it.
Not to sound pessimistic or anything, but it sorta begs the question...
Bill
Dammit! I told ya you shoulda gone for it..:) oh well.
A Citroen SM? Do you know WHY they call them SMs?
Are you NUTS?? Ooohhh... don't go there.. French complexity with Italian mechanical bits? Forget divorce.... you'll have to wear your nomex 24-7.
Dude... get a 2002 turbo if you need an old toy. And I actually do know a good one (Marriage Counselor) in St Matthews
Bill
Dealer doesn't care no money on his part,,just paper work. it must be a tax advantage for the truck owner to do it this way.. Does this make since? didn't want to pry into the legal part on his part. Just seemed to be away to save 2 or 3 thousand or even 4. Never bought this way before, know the owner,, he saids every two years they do this they ask dealer what the buy the truck out right the highest bigger gets truck, well run car fax on truck too. You know after reading this
if he sold me the truck private, all he would have to sign just the title and I write the check.
IF I go thru the dealer i'll have to sign forty some odd papers, like
I said may be there is an tax advantage but you got me thinking thanks
any other comment would be helpful.
See, when you buy a car from a dealership, you only pay sales tax on the trade difference. So if it's being traded against a $30K truck and you give them $15K they only pay tax on $15K instead of $30K.
At 6% that saves them $900.
At worst you may have to pay a doc fee or dealer fee to handle the papertwork, but I think that's a small consideration for the savings. Now it does make sense. As long as these are people you know, I'd say to go for it!
Bill
Terry.
I want a 2001 A4 1.8T Quattro. Loaded up the way I want it, MSRP is $29,600 and invoice is $26,400. Do you think I can get it for $27,500 in Denver? Can I do better, or should I readjust my sights upwards a little? I really don't want to haggle very long (20-30 min tops). I'd like to start at $27k and go up to $27,500 in a short amount of time. I know Audi has some super lease deals right now, so I thought that the price on the cars might be a little soft as well right now.
I think your on the right track. If the car is in stock and not the hottest combination of colors and options you should be able to slice up a deal in your higher number area. If the dealer has no selection then your chances are slim, but if he has a decent inventory, $1000-1500 over is very do-able...I would start at your low number and work up, soon as the salesperson says "no way no how" and he or she will, express your interest to buy "right NOW without alot of hassle"...I can't speak for the Denver market but if you were in my audi shop in Connecticut you have a deal in less than 15 minutes and driving that afternoon...
Enjoy the car, it's a great one.
Rich
Audi programs are usually month to month.
Audi/VW changes MF based upon their sales in a particular region and how their own internal lease portfolio is doing. If they start leasing to many A4's with sunroofs with 5 speed's they might drop the rate on slick top, automatics only.
Now for a story of a dealer that gives dealers the bad name. I went over to Elway Toyota last night to have them give me a cash quote on my 4Runner (there are no Toyotas that I would buy right now). Before I went inside, I went around the lot and found two used '98 4Runners IDENTICALY EQUIPPED like mine (one was even the same color). They both were for sale for just about $25,200 or so. I then had them appraise my car (it's in great shape and only has 34k miles). He offered me.....$18,500. When I pointed out that he had 2 on the lot that were identical for over $25k, he said "They have 100k warranties and have undergone a $1,200 inspection, that's why they're priced so much higher".
#1 - the warranty is powertrain only, and only extends 6 years from the date of sale, so on a car like mine, it's really a 3 year/75k warranty (Isuzu offers 10 yrs/120k for no charge straight from the factory, and Hyundai offers 100k standard, so what's the big deal about a 3 yr/75k warranty?).
#2 - I just had the 30k service done one month ago AT THEIR DEALERSHIP (and according to them, everything checked out fine). I have done all my maintenance at their dealership. They've got full maintenance books on my car (which would be used to their advantage when they sold the car, I'm sure). They're not going to do any inspection. They're going to rely on what they did one month ago and call it good (I would if I just did the work one month ago). There might be some quick inspection, but $1,200? Yeah, right. If they truly need to do a $1,200 inspection, I would like to know why I paid $330 for an inspection that apparently is no good or not reliable.
I should have guessed when someone called him "Rocco".
I didn't expect $25k, but I did expect $21-22k. $18,500 was an insult and any true pro would not have even thrown that out there. I'll be selling my car privately. What do you guys think? Was this guy trying to see if I was a [non-permissible content removed] that had no idea of what I can really get for my car, or was that a "we don't really want your car, so I'm going to lowball you on it" quote? I can't imagine they didn't want it, so I'm guessing #1. Their used 4Runner inventory is pretty tight right now (only had about 6 or 7 of them on the lot, and they are a HUGE dealership - they probably have over 100 new 4Runners sitting on the lot).
I thank you guys again. I just wish I could find salespeople like you in real life and not just on the internet...
Bill
Bill
Clueless on the Audi market values I meant! As far as the 4-Runner goes, I think it's worth more than $18,500. However, they did make some valid points.
1) They probably have those marked up about $3,500 or so. Remember, we make money on used cars. Not what you may have wanted to hear, but its the truth. And like an old saying goes "Even a laydown wants $1,000 off".
2) Reconditioning. The cost of a Toyota Certified warranty is about $600 or thereabouts on a 4WD 4Runner. Now, the car has to have an inspection done in order to qualify for it, so there's what, 4 hours min of labor? $300. And, whenever I've sold a car like that we usually do have recon costs. A $25K 3-yr old car has to be really nice to sell. You'd mentioned a scratch, there's $50-100. And Then you need to look at Tires, Brakes, etc. They need to be new or like new to make it saleable. Your tires may be in nice Shape, but unless they've got 80%+ of the tread left on them, forget it, I would replace em. Same for the brakes.
Even so, Like I said.. $20-22 is the range for yours I think. I could personally put $20,500 in your truck and still have room for recon and to make a few bucks. Maybe they didnt need it..etc.. Who knows, but I think they were low.
And you are in Denver, where those are pretty strong. Would I put top dollar on that down here? No way! What the heck do I need a 4WD for in FL? Same as a 2WD up there. So you've got the right product in the right market.
Hope this helps.. and you'll love the A4!
Bill
However, we treat captive finance co's the same as outside banks. The only rules are like the "3.9" rates, those are generally buy rate deals.
Bill
They really ar no-haggle there? Hmm... Must be a Denver thing. they do haggle down here!
Bill
If the car has noisy valves.. expect to get in the $500 or so range for it. A lot of times older domestics arent worth that much, especially with possible powertrain problems.
Bill
I think that your 98 Accord V6 is worth around $13,500 or so, So $14K is possible. But bear in mind that I'm looking over auction results here and several with miles in the 45K range have sold for the low-mid $14Ks.
The 53K miles does hurt it a bit.
However, it'd be worth a bit less than that in the Midwest or Southeast!
Bill
But anyway.....Let's see about this car thing ....I think this is a great Idea for you try to sell it on your own...in the Denver market you should be able to fetch - 'if'...it is jam up and jelly tight -..somewhere in that $21,500 to $23,000 range...have it cleaned and detailed make it look "new"...and put it in the paper...about $1,000 - less - than the dealers top priced same vehicle....and see what happens.
Now the A4... you should be able to buy one for $27,300 ..$27,800 on the push ( but start at the 27 # )-- just food for thought...consider the VW Passat ( same car ) and ....save a couple of grand.
Good luck,
Terry.