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Agree with what everyone else is saying. Couple hundred under invoice is going to be a good deal, its still a hot car so they aren't desperate to push them

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Old 09-14-2009, 02:02 PM   #1 (permalink)
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Agree with what everyone else is saying. Couple hundred under invoice is going to be a good deal, its still a hot car so they aren't desperate to push them off lots. Send him a break down of the items/packages on the car, their MSRPs and their INVOICE pricing. Then show him that the total = whatever you said it does. Ask him which items are incorrect or you are missing to achieve the invoice he is listing.

Make sure to include destination, its a significant chunk of change and its not the same as dealer fees.
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Old 09-14-2009, 02:44 PM   #2 (permalink)
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Originally Posted by Namir View Post
Agree with what everyone else is saying. Couple hundred under invoice is going to be a good deal, its still a hot car so they aren't desperate to push them off lots. Send him a break down of the items/packages on the car, their MSRPs and their INVOICE pricing. Then show him that the total = whatever you said it does. Ask him which items are incorrect or you are missing to achieve the invoice he is listing.

Make sure to include destination, its a significant chunk of change and its not the same as dealer fees.
Awesome advice. I told him that I was looking for $37,500 before everything for a total of about $41,000 OTD. He responded with cash or finance and that he would see how close he could get to that number. I'm a first time buyer and won't rush into anything but does cash vs financing make a difference?
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Old 09-14-2009, 03:53 PM   #3 (permalink)
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im just guessing but maybe cash is easier for them. Cash you show up with a check and drive off with the car. Finance they need to fill out paperwork and speak to the finance person and maybe they have some kind of processing fee for that. Just a guess though.
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Old 09-14-2009, 04:09 PM   #4 (permalink)
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Awesome advice. I told him that I was looking for $37,500 before everything for a total of about $41,000 OTD. He responded with cash or finance and that he would see how close he could get to that number. I'm a first time buyer and won't rush into anything but does cash vs financing make a difference?
In a dealers eyes, yes. Financing they can mark up the intrest rate and capture more gross. So if the Dealer is going to take a skinny they have a change of making some gross in the back. Which isn't a bad thing, it allows them to make a deal.
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