LOL i was thinking the same thing but since we already know the answer, i said nah...
Car salesman
- Thread starter jmsa540
- Start date
LOL i was thinking the same thing but since we already know the answer, i said nah...
I dont have one, brother. Never said I did. Again, dont see where or why people in this thread think I specifically bought an explorer st?
Also, saw the annoying comment. Sorry you feel that way man, but i mean you no harm.
And to clarify for the third time, I made this thread to just gain more knowledge on the auto industry. Reference: first post.
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Also, saw the annoying comment. Sorry you feel that way man, but i mean you no harm.
And to clarify for the third time, I made this thread to just gain more knowledge on the auto industry. Reference: first post.
Sent from my SM-G892A using the svtperformance.com mobile app
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You’re asking about the best price a dealer can sell you a vehicle. Mcfly anyone home....you are telling everyone you want a vehicle but don’t want to pay too much. After all why pay invoice if the dealer will still make $5k after expenses.
No! Why would anyone pay 30k used when they can get a brand new one at 30k or 31k? In order to sell your used vehicle you have to drop the price significantly! This is just common sense.
Also when you buy at 35k add ttd fees. In ca it’s another 10%. 38k otd and 30k for a used one.
To put it in plain English. Why would a dealer sell you a car for 30k when someone else will pay 35k?
Nick was awesome selling 350/500 new for at or close to msrp when he could of easily taken $10k+ more for each sale. Most dealers won’t do this!
First post you were asking to purchase a car for the least amount of money. This post you are asking to purchase the st for the best price.Very good response. And thats awesome that you price your cars under invoice!!
What can you get me on an explorer st, lol
Nice chatting with you.
Sent from my SM-G892A using the svtperformance.com mobile app
When you don’t like the price You play dumb. Not a good look.
What’s worse is you’re not speaking in terms of dollars you just want to screw over the dealer. How can I get a car and have the dealer lose money(what happens when you want 5% lower than invoice)?
So much better to say I want these options on this vehicle, can I get it for $35k? Using your original numbers.
Lastly if you want to save money by private party used 6 months old....
@ON D BIT
Hey, this whole multiquote thing isn't working for me, but wanted you to know I replied to your response, man.
-BREAK-
Let's say they do make 5K on a vehicle sale after it's been sold for invoice; your example. At the end of the day, it should be up to the consumer to do his due diligence and save as much money as he can whether any dealer makes 5k, 7k, 12k, etc. Everyone is in the consumers back pocket. However, we all know that there are a lot of misinformed individuals out there and they get got the first time or any other time they buy a vehicle.
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The 30k and 35k figures were hypothetical numbers, man. They were also "otd" prices, hypothetically, too. So no need to add in taxes, fees, etc. What my intent on that message was, say a vehicle is sold to a private party for 35k otd (from a dealer), immediately that vehicle value just went to 30k for ppv. To me, that is mind numbing. Again, not exact numbers, just a hypothetical number that I threw out there to talk about vehicle depreciation. I can see how that was misunderstood. The 30k number, as I was viewing it was more a asset number, "how much money do I have in assets?" or "what's my total estate value?" Hope that makes sense. I tried to focus that talking point on based on vehicle depreciation and estate asset.) I understand the risk vs. reward in car buying and you have to pay to play. At the end of the day, you (the consumer) will always lose money buying. How much money the consumer loses is up to him to mitigate.
-BREAK-
Again, I was referencing to private party value once driven off the lot. There was a disconnect in that reply during that piece of the conversation. And you're right, I'm sure the dealer wouldn't sell to someone when they can get their car sold to someone else at a higher purchasing price. That wouldn't be a smart business move for that dealership.
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Isn't purchasing a car for the "least amount of money" and the "best price" the same thing?
Okay, again, that question was merely just a conversation piece. Kinda like a hey, talking to my "neighbor over the fence" type of conversation. (Asking about st price). I never said I didn't like the price, I actually responded as Joe would in impractical jokers; in other words it's a phenomenal price. However, again, I'm currently not in the market for buying another brand new vehicle.
Don't see your point on me trying to screw over any dealer? If anything the dealer (not all) are screwing the consumer over. Are you aware that some states have laws on fees but yet these dealers in these states still don't follow these laws? I would consider that bad business practice, unethical, immoral, and illegal. Let's talk about warranties. Are scratch and dent warranties really necessary? No, not at all. Why is the same, nationwide, oem warranty $4.2k in one state but $1.6k in another state? What about mandatory accessory fees being added on which aren't part of the MSRP being displayed on the vehicle? Also, illegal. However, the dealer does have every right to sell any and all types of warranties they want in the "backroom".
How is this not speaking in terms of dollars? The so called "5%" holdback does equate to a percentage of the monetary value of what's being spent on the car.
And you're right about the "I have 35k, can I get it with these options statement." That's what I've been trying to get at it just in a different viewpoint.
-BREAK-
Again, at the end of the day, it's up to the consumer to do his due diligence and proper research.
Hey, this whole multiquote thing isn't working for me, but wanted you to know I replied to your response, man.
-BREAK-
Let's say they do make 5K on a vehicle sale after it's been sold for invoice; your example. At the end of the day, it should be up to the consumer to do his due diligence and save as much money as he can whether any dealer makes 5k, 7k, 12k, etc. Everyone is in the consumers back pocket. However, we all know that there are a lot of misinformed individuals out there and they get got the first time or any other time they buy a vehicle.
-BREAK-
The 30k and 35k figures were hypothetical numbers, man. They were also "otd" prices, hypothetically, too. So no need to add in taxes, fees, etc. What my intent on that message was, say a vehicle is sold to a private party for 35k otd (from a dealer), immediately that vehicle value just went to 30k for ppv. To me, that is mind numbing. Again, not exact numbers, just a hypothetical number that I threw out there to talk about vehicle depreciation. I can see how that was misunderstood. The 30k number, as I was viewing it was more a asset number, "how much money do I have in assets?" or "what's my total estate value?" Hope that makes sense. I tried to focus that talking point on based on vehicle depreciation and estate asset.) I understand the risk vs. reward in car buying and you have to pay to play. At the end of the day, you (the consumer) will always lose money buying. How much money the consumer loses is up to him to mitigate.
-BREAK-
Again, I was referencing to private party value once driven off the lot. There was a disconnect in that reply during that piece of the conversation. And you're right, I'm sure the dealer wouldn't sell to someone when they can get their car sold to someone else at a higher purchasing price. That wouldn't be a smart business move for that dealership.
-BREAK-
Isn't purchasing a car for the "least amount of money" and the "best price" the same thing?
Okay, again, that question was merely just a conversation piece. Kinda like a hey, talking to my "neighbor over the fence" type of conversation. (Asking about st price). I never said I didn't like the price, I actually responded as Joe would in impractical jokers; in other words it's a phenomenal price. However, again, I'm currently not in the market for buying another brand new vehicle.
Don't see your point on me trying to screw over any dealer? If anything the dealer (not all) are screwing the consumer over. Are you aware that some states have laws on fees but yet these dealers in these states still don't follow these laws? I would consider that bad business practice, unethical, immoral, and illegal. Let's talk about warranties. Are scratch and dent warranties really necessary? No, not at all. Why is the same, nationwide, oem warranty $4.2k in one state but $1.6k in another state? What about mandatory accessory fees being added on which aren't part of the MSRP being displayed on the vehicle? Also, illegal. However, the dealer does have every right to sell any and all types of warranties they want in the "backroom".
How is this not speaking in terms of dollars? The so called "5%" holdback does equate to a percentage of the monetary value of what's being spent on the car.
And you're right about the "I have 35k, can I get it with these options statement." That's what I've been trying to get at it just in a different viewpoint.
-BREAK-
Again, at the end of the day, it's up to the consumer to do his due diligence and proper research.
A couple points:
Again why would anyone buy a used car for the same price as a new car?
You are specifically saying I don’t want to buy if a dealer will make so much profit.
That is very different than saying I can afford $35k and I won’t pay more that $35k for this vehicle.
Bottom line: Do not make your choice to buy or not based on how much the dealer will make. Buy or don’t buy because you think the vehicle in question is worth so much new.
I understand this may be hard to understand, so I’ll put it a different way. If a dealer sells for invoice after everything is paid and the all the utilities and insurance and interest is paid for that said vehicle they dealer is making no money on the deal.
Of course this goes out the window if you buy add on products at the time of the sale which is pure profit for the dealer.
Again why would anyone buy a used car for the same price as a new car?
You are specifically saying I don’t want to buy if a dealer will make so much profit.
That is very different than saying I can afford $35k and I won’t pay more that $35k for this vehicle.
Bottom line: Do not make your choice to buy or not based on how much the dealer will make. Buy or don’t buy because you think the vehicle in question is worth so much new.
I understand this may be hard to understand, so I’ll put it a different way. If a dealer sells for invoice after everything is paid and the all the utilities and insurance and interest is paid for that said vehicle they dealer is making no money on the deal.
Of course this goes out the window if you buy add on products at the time of the sale which is pure profit for the dealer.
Yikes!
You could see it coming a country mile away.
This is such a confusing thread. Whenever I bought a new Ford I would go on Ford's website and build and price it so I know exactly what options I want. Then I would look up what the current incentives are and what the invoice is. When I purchased my Mustang there was an incentive plus I could get x-plan by being a shareholder. I told the dealership that I can get x-plan anywhere and if they can do better I am prepared to buy and order now and have a $2k deposit ready. They managed to do better than x-plan plus I got the incentives so I ordered from that dealer. I was happy with the price I paid.
Some people need to have realistic expectations when purchasing a car.
Some people need to have realistic expectations when purchasing a car.
Seriously op is saying:
His $35k budget
Lowest price in the nation is $35k
But he won’t buy because he believes mystically the dealer will make $5k-$10k profit on it.
Does he seriously believe that with most cars the dealer pays less than used car prices on brand new cars?
Everything in the local grocery store has a higher markup than new cars.
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i just ask nick, whats your lowest price. He tells me and I tell him yes or no. Ive bought 3 vehicles within the last year or so from him. If only he carried other brands (new).
I need to buy the Woodhouse Group.
I'm wondering how far this thread will continue.
Great thread, would recommend.
Great thread, would recommend.
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