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Comments
A letter certainy can't hurt. I would make sure it's addressed to somebody specific and I would send it either overnight (signature reguired) or return receipt...I also would call every couple of days and ask for the supervisors, boss...
if being reasonable dosnt work, being a big pain in the A** can sometimes do the trick.
Of course, if they are being held up on the lost title, then they could be at the mercy of the state..waiting for the duplicate. That isnt your fault.
Rich
Can we use this # to negotiate a better deal?
I have question on above subject. How much of above incentive usually get passed to the customer? I asked quote from several local dealers for BMW Z 3.0 which currently has $3,000 such incentive however, none of the quote reflected the incentive. One dealer quote me straight MSRP!? and one other dealer quote me $1,000 off of MSRP. I didn't tell them that I know about this incentive but this makes me question their business practice....
Thanks.
the incentive doesn't belong to the consumer... it belongs to the dealer...
-Chris
i think it's completely up to the dealer and the type of car, from what i've been able to figure out from the various dealer posts...
it all comes down to, how bad does the dealer want to move that car on that day, and how bad to you want to buy that car on that day.... come to think of it, that kinda describes the whole buyer/seller relationship...
-Chris
RIght now BMW Put "trunk money" on the Z3s for a simple reason. They do not sell very well at all in the wintertime, particularly in northern (NJ) markets.
However, come March or April, and those incentives and discounts are usually gone.
It's the dealer's discretion to pass the cash along, many do as it allows them to offer a substantial discount without losing money on the cars.
Bill
On your Z3 hunt, I'm sure ..with a little looking, you will find a dealer that will split the incentive $ with you..meaning invoice minus $1,000 or more. Also the BMW dealer is on a 'turn and earn' basis..so what he can sell today, will return to him when he really needs it.
Good luck.
Terry.
I'm heading to college in the fall and my current 88 Ford Tempo will not be able to handle the 5 hour commute which I will be making at least 10 times a year. My mom, a loyal Toyota customer since the early 80's, is insistent that I also get a Toyota due to their extremely high reliability. She also wants to buy a new car for the warranty. She, as well as I, will do pretty much anything to guarentee the reliability of this car for the four years I am at school - it is our #1 priority, concern, etc. Given our price range and all of the above requirements, only one car fits the bill: a Toyota Echo, and a relatively stripped down one at that.
Personally, I think we can do better. I think that I could score a 98-99 Corolla, earlier year Camry, etc. for $8-10k instead of the $11-12k required for this Echo, and put the extra money in the bank for any possible future breakdowns, or into an extended service plan or something like that. My mom, however, is not keen whatsoever on this idea, and seems to think that if it's not brand new the warranty isn't worth anything. I suppose in the end it's her call, as she'll be buying it for me for a joint Birthday/Graduation gift, but I come here in search of a possible argument that could convince her that a used Corolla or Camry would not be the money pit she seems to think it is.
Someone! Anyone! Save me from the perils of a 2 door manual Echo without power steering or a CD player! I need your help
Many thanks,
Peter Bourgon
ALSO, WOULD A FLEET DEALER BE ABLE TO GIVE ME A BETTER DEAL?
I was at a "very" large auction on wednesday...and watched 100+ converibles run through..everything from the Z3's to Honda's from Volvo's to Benz"s ...and back again.
If you have a mind set for a particular color, accesory etc....You may have to order it and wait the 6 to 8+ wk's ( and you will pay more )....or, if you find one that is close to what you want....I'm sure you can get a much better deal ...If the dealer has it in stock I'm confident you can purchase it for that $33,500 to $33,900 figure or less..( $3000 dealer cash - so that should mean $32,500 to $32,900 ).... Remember, dealers are paying for that vehicle everyday it sit's there....also keep in mind the Z3 has kinda lost it's luster and competition is getting very tough ( and dealers know that )....so, if you can find one kinda close to what you want.... The dealer should be more than happy to accomodate those #'s
I hope this can help -- Good luck
Terry.
Hope this helps...
Terry.
Good luck.
The anticipation is killing me. If it is what everybody is expecting, I'll be buying as soon as it is released. If not I'll be in search for a 2000 white se.........
We sure love our 2000 SE !
I'm curious about car spotting - that is, letting a customer drive off the lot with a car only to call them a few days later and ask for a few thousand dollars more because the financing fell through.
How often does this actually happen? And in what situations does it happen? What is the business manager checking when the application is run? What kind of quotes or offers is he getting on his computer screen? And what can change an approval to a demand for a few thousand dollars more?
Thanks in advance.
The Toyota dealer across the street does it on a regular basis.
sounds like dirty business to me.
However, the flip-side is that many people who get caught in this situation probably shouldn't be buying a new car anyway, based on their financial situation...but it's the American way -- buy buy buy!!!
Rarely do we have to bring back a car. Usually it only happens if something dosnt show up on a credit report that we run or if the consumer fibs about his or her income and cant prove the amount. In my experience the huge percentage of returned spot deliveries is due to something that the consumer has either lied about or concealed. credit, insurance etc...
Rich
I bought my car from a dealership that is about twenty miles away, but was treated well and expect to go back there in a few years for my next one. There is a Ford dealer six blocks from where I live, but when I was talking to them it was like I was watching the video supplement to www.carbuyingtips.com or the Clark Howard radio show. It was almost amusing.
Thanks again, everyone. Hope you all have a good week for sales.
What is the ratio of costumers who pay msrp to customers who pay close to invoice (according to your personal experience)? and do you see the 10 year warranty becoming common practice?
no I dont see the 10 year warranty going anywhere. simply people dont keep their cars that long...I expect scheduled maint. to become part of more car warranties. This is something that benefits everyone. high lines have been doing it for a while and its very popular.
Rich
-Chris
Also, when I bought my 99 Honda Civic there was an "adjusted market value" sticker that the dealer adds on of about $1k. The dealer told me it was so they could make a "profit". But that didn't make much sense to me. Anybody ever hear of that. I've seen that window sticker at all the Honda dealerships in my area.
That sticker is the most insulting practice I've seen in recent memory. Basically, it is a dealer add-on sticker that usually looks suspiciously like the official MSRP sticker. It is pure nonsense, but I'm sure it works on the unsuspecting shopper. Example: MSRP is 20,000, "add-on" sticker shows something like "$3,000 AMV" (additional market value), total price $23,000.
When you start talking to the friendly dealer, he/she says, "Well, our normal selling price on this vehicle is 23,000, but we'll sell it to you at a discount of 3,500, or 19,500"....such a deal!!!
You should ignore this sticker, and negotiate up from invoice on normal vehicles. For cars in short supply (i.e., Honda Odyssey, Acura TL, or the new Acura RSX), you are more likely to be stuck with near MSRP.
My advice would be to completely ignore the add-on sticker, know real pricing before setting foot in the dealership, and also know what the demand is like for the car of interest. That way, you are most likely to get a fair deal.....
Good luck!!!
When I first got into the business in 1985, My first sales position was with one of the largest Cadillac stores in the country....and up to just recently...of the largest Nissan stores. We would sell 400 -425 cars a month....but anyway, I can remember at many a meeting with the entire staff..... the owner would tell the Finance dept ( 5 full timers )....If you are not bringing back, at least a car a week....You are not doing your jobs....and he was serious.
What spotting means...is that you have a buyer that is satisfied with the deal....you have a seller that is also satisfied - the car is on the ground - they contract- and he is taking it home.
Maybe this consumer is trying to borrow $25,000 on a $19,000 vehicle....Maybe the credit is a little shakey......Maybe the consumer has a couple of lates on the mortgage because of a 60 day lay-off, 8 months ago ....But if the owner/finance director/GSM thought, they could "get them done" ....We rolled the vehicle..that was SOP.
The only point to this silly story is....I always would put a consumer "down the road"...."if" ..We felt there was any daylight...And to this day, I still do it at my stores....I feel this is the best way for the Lenders to look at the deal....and if the consumer might need some xtra monies because of his or her situation...they know what they have bought.
But, to get back to your original question
if everything is fine and there is no problems...No, you can't bring back the vehicle.
But, if there is a problem do to financing...then yes, the dealers will take it back..10 miles or 1,000 miles...that's the fleas, that come with the dog.....
Maybe this will help...?
Terry.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Terry.
just reviewing the boards. I see you are in MD. At least some of the dealers have the ability to issue permanent tags on cars. Last year I bought a new car at Carmaxx in Laurel, MD. They were able to issue the new tags and the registration certificate immediately. I suspect that the bigger operations at least will all have this ability. Saves the MVA a passle of work. BTW in Maryland the dealers keep a part of the tax fee as renumeration from the state. The tax is the 5% sales tax we pay in MD....however I do not recall the exact amount they keep. Hope this clarifies things. BTW whee did you buy the car
novotny_jack
It also really scores big with lease cusotmers. Which are as high as 70% on European models. 3 years and pay for gas and insurance. not bad.
Rich
so both sides win. i save a thousand bucks out of my pocket on pm (approximate cost of 2 oil services, 1 inspection and 1 inspection 2 on a 3er), and you get a selling point, plus people get in the habit of using your service department.
i think i like the idea too. thanks for the insight.
-Chris
Car_Man
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