How much off MSRP in this economy?
I have read in the past that people have got up to 30% off MSRP. With a msrp of 29000 I was shooting for 20%. The unit is a 2015 but they are only offering 17% off and I really feel that it is not the...
Forum Discussion
Tuna, I use the 80% as a place to start in my mind...loads of factors as you may realize. Popularity of vehicle, availability, dealer location, is it on the lot or ordered...many more factors. Do research. When I bought my truck end of 2003...ordered it 2004TCD...they didn't have to pay flooring or any dealer BS to do an order...they understood I knew that...know the equipment you want, and if off the lot and something on the car you would not order tell them I don't consider that as needed and would like to order...they will find a way to make it work.
Also make an offer that included the tax and lic...let them work it back to the price. IF trading in do not do trade in until you have a "no trade cash price", then say how much will you give me...have them add stuff "no cost" like seat belt extenders (you will like them) they will have to order them hardly any dealer stocks them. Don't be afraid to get up, do not fall in LOVE, If they are dragging out the process, tell them you'll see them in a day or two when they can give you the attention you need...they are in the SELLING business, we as buyers are not well infrmed across the buying public, they play on that.
NOW how do you figure the price if you only have the tax rate and total price. I.E. Total price divide by 1 plus tax rate = price Total price is $62.13 tax rate is 9.4% therefore 62.13/1.094=56.79 tax is 62.13-56.79=5.34
It makes them think and may not really know how to do that...so if car is 29,500 x 80% = 23600
your tax rate is 9.4% =2218 total is 25818 so offer them 24000 including tax. that makes your offer really 21937 car price which is 74% of the sticker price of 29500. Hope you get where I am going...got to beat them at their game...it is fun.
Rememeber you cannot show that you love the car...and that you can walk away...and will not stand for being shuffled around...get the sales guy that can make the deal...if they do I'll check with the sales manager BS...tell them get someone who can deal, the sales guy still gets his%. If both of you go into buy the one doing the sitting walks out to show room/lot...then you say I'll have to converse with them, you walk out and discuss where you are going to have lunch and have them put an angry face on and shake head "NO"...you shrug and walk in with head down...it is all a game...just like when the catcher goes to the mound (Hey do you see the cutie in the second row?)
GOOD LUCK!!!!! Research and buying game face, double team always helps, never be togehter at negoiations...if drags out have other person come in and say we are going to be late, got to go...they don't want you to walk! Start to make them uncomfortable...THEY PLAY THE GAME EVRY DAY WE DON'T!!!
Also make an offer that included the tax and lic...let them work it back to the price. IF trading in do not do trade in until you have a "no trade cash price", then say how much will you give me...have them add stuff "no cost" like seat belt extenders (you will like them) they will have to order them hardly any dealer stocks them. Don't be afraid to get up, do not fall in LOVE, If they are dragging out the process, tell them you'll see them in a day or two when they can give you the attention you need...they are in the SELLING business, we as buyers are not well infrmed across the buying public, they play on that.
NOW how do you figure the price if you only have the tax rate and total price. I.E. Total price divide by 1 plus tax rate = price Total price is $62.13 tax rate is 9.4% therefore 62.13/1.094=56.79 tax is 62.13-56.79=5.34
It makes them think and may not really know how to do that...so if car is 29,500 x 80% = 23600
your tax rate is 9.4% =2218 total is 25818 so offer them 24000 including tax. that makes your offer really 21937 car price which is 74% of the sticker price of 29500. Hope you get where I am going...got to beat them at their game...it is fun.
Rememeber you cannot show that you love the car...and that you can walk away...and will not stand for being shuffled around...get the sales guy that can make the deal...if they do I'll check with the sales manager BS...tell them get someone who can deal, the sales guy still gets his%. If both of you go into buy the one doing the sitting walks out to show room/lot...then you say I'll have to converse with them, you walk out and discuss where you are going to have lunch and have them put an angry face on and shake head "NO"...you shrug and walk in with head down...it is all a game...just like when the catcher goes to the mound (Hey do you see the cutie in the second row?)
GOOD LUCK!!!!! Research and buying game face, double team always helps, never be togehter at negoiations...if drags out have other person come in and say we are going to be late, got to go...they don't want you to walk! Start to make them uncomfortable...THEY PLAY THE GAME EVRY DAY WE DON'T!!!
