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Welcome to SportTrac.Org
Off Topic Discussion
Any tips on negotiating price on new cars?
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<blockquote data-quote="Richard Kolb" data-source="post: 614923" data-attributes="member: 63191"><p>go to edmunds.com and lookup the car you're interested in. Then do an appraisal and see what other people are paying. Then remember that is the average for people in your area, take that price, knock of a few percentage points and offer the dealer that.</p><p></p><p></p><p></p><p>For instance, my wife and I bought a new hyundai, edmunds said to pay 22,600 or so, we offered the dealer 20,000, they countered with 21,000 or so, slightly below dealer invoice, maybe $400 below invoice. You can usually get away with paying invoice on anything that isn't in high demand, most manufactuers give the dealer a kickback for selling the car, so even if they don't make money on the sale they'll make money on the kickback.</p><p></p><p></p><p></p><p>Good luck</p></blockquote><p></p>
[QUOTE="Richard Kolb, post: 614923, member: 63191"] go to edmunds.com and lookup the car you're interested in. Then do an appraisal and see what other people are paying. Then remember that is the average for people in your area, take that price, knock of a few percentage points and offer the dealer that. For instance, my wife and I bought a new hyundai, edmunds said to pay 22,600 or so, we offered the dealer 20,000, they countered with 21,000 or so, slightly below dealer invoice, maybe $400 below invoice. You can usually get away with paying invoice on anything that isn't in high demand, most manufactuers give the dealer a kickback for selling the car, so even if they don't make money on the sale they'll make money on the kickback. Good luck [/QUOTE]
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Off Topic Discussion
Any tips on negotiating price on new cars?
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