Price haggling with the Dealer
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Price haggling with the Dealer

 
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Built_Well
Guest





Posted: Sat Nov 12, 2005 11:09 pm    Post subject: Price haggling with the Dealer Reply with quote

I thought I had negotiated a pretty good price over
the phone for my new '06 Corolla CE automatic with
all-weather package and Convenience package (cruise
with power doors), but now I'm not so sure.

The MSRP for that car is $16,100. Edmunds says the
"True Market Value" of the car in zip code 65201 is $15,600.
I'm getting it for $15,500 (plus only another $50 as a
documentation fee--how's that for a low doc fee).

I thought I had done a great job in the negotiation.
But then yesterday I read the March issue of
Money Magazine, in which they list "Target Prices" for cars
configured with common options, and the Target Price for last
year's *'05* Corolla is $14,500--a thousand dollars
less than what I negotiated for.

Of course that's Money Magazine's Target Price for
last year's Corolla (2005), since the magazine's issue
was published in March of '05.

So maybe I'm comparing apples to oranges, a 2005
to a 2006 Corolla CE. But I'm still left with a
slight amount of gnawing doubt.

Darn, the magazine's target price for last
year's '05 **LE** is $15,100--$400 less than what I'm
paying for the lower end *CE*.

But Edmund's shows this year's base model LE at
$15,800--$300 more than my somewhat loaded CE.

I hope $15,500 is fair for the CE?

Thank you for any advice.

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Wolfgang
Guest





Posted: Sun Nov 13, 2005 1:18 am    Post subject: Re: Price haggling with the Dealer Reply with quote

Hagged over the phone? Hardly a sign of a serious buyer hence little
incentive by dealer to give low price other than to get you in the show room
plus unless contract is signed by both its NOT binding. Show up at
showroom -- look over the car and then tell salesperson you are having
second thoughts and walk out. He'll call before you are down the road with a
better price if he indeed can do better.

"Built_Well" <bw@bbbbbbbb.com> wrote in message
news:Glpdf.1903$ZA3.375749@monger.newsread.com...
Quote:
I thought I had negotiated a pretty good price over
the phone for my new '06 Corolla CE automatic with
all-weather package and Convenience package (cruise
with power doors), but now I'm not so sure.

The MSRP for that car is $16,100. Edmunds says the
"True Market Value" of the car in zip code 65201 is $15,600.
I'm getting it for $15,500 (plus only another $50 as a
documentation fee--how's that for a low doc fee).

I thought I had done a great job in the negotiation.
But then yesterday I read the March issue of
Money Magazine, in which they list "Target Prices" for cars
configured with common options, and the Target Price for last
year's *'05* Corolla is $14,500--a thousand dollars
less than what I negotiated for.

Of course that's Money Magazine's Target Price for
last year's Corolla (2005), since the magazine's issue
was published in March of '05.

So maybe I'm comparing apples to oranges, a 2005
to a 2006 Corolla CE. But I'm still left with a
slight amount of gnawing doubt.

Darn, the magazine's target price for last
year's '05 **LE** is $15,100--$400 less than what I'm
paying for the lower end *CE*.

But Edmund's shows this year's base model LE at
$15,800--$300 more than my somewhat loaded CE.

I hope $15,500 is fair for the CE?

Thank you for any advice.
Back to top
ma_twain
Guest





Posted: Sun Nov 13, 2005 1:45 am    Post subject: Re: Price haggling with the Dealer Reply with quote

The phone and internet can be a powerful set of tools for the new car
buyer. It takes only a matter of minutes to review the stock of 5
dealers and request a price. Then you sit back and answer the phone
calls. Write down the price from each dealer, take the lowest price and
call the other 4 dealers back and tell them their "non-negociable
internet" price was not the lowest. Then you will hear how these
"nonnegotiable" prices change. I got a car loan, 5 price quotes, 4
re-quotes and bought a car in one afternoon. The use of a telephone does
not always mean the buyer is not serious.

Wolfgang wrote:

Quote:
Hagged over the phone? Hardly a sign of a serious buyer hence little
incentive by dealer to give low price other than to get you in the show room
plus unless contract is signed by both its NOT binding. Show up at
showroom -- look over the car and then tell salesperson you are having
second thoughts and walk out. He'll call before you are down the road with a
better price if he indeed can do better.

"Built_Well" <bw@bbbbbbbb.com> wrote in message
news:Glpdf.1903$ZA3.375749@monger.newsread.com...

I thought I had negotiated a pretty good price over
the phone for my new '06 Corolla CE automatic with
all-weather package and Convenience package (cruise
with power doors), but now I'm not so sure.

The MSRP for that car is $16,100. Edmunds says the
"True Market Value" of the car in zip code 65201 is $15,600.
I'm getting it for $15,500 (plus only another $50 as a
documentation fee--how's that for a low doc fee).

I thought I had done a great job in the negotiation.
But then yesterday I read the March issue of
Money Magazine, in which they list "Target Prices" for cars
configured with common options, and the Target Price for last
year's *'05* Corolla is $14,500--a thousand dollars
less than what I negotiated for.

Of course that's Money Magazine's Target Price for
last year's Corolla (2005), since the magazine's issue
was published in March of '05.

So maybe I'm comparing apples to oranges, a 2005
to a 2006 Corolla CE. But I'm still left with a
slight amount of gnawing doubt.

Darn, the magazine's target price for last
year's '05 **LE** is $15,100--$400 less than what I'm
paying for the lower end *CE*.

But Edmund's shows this year's base model LE at
$15,800--$300 more than my somewhat loaded CE.

I hope $15,500 is fair for the CE?

Thank you for any advice.




Back to top
Mike Hunter
Guest





Posted: Sun Nov 13, 2005 2:15 am    Post subject: Re: Price haggling with the Dealer Reply with quote

Better yet send a request to the Fleet Sales Manager at the dealership,
listing the vehicle and equipment you want, and ask for a bid for the total
delivered price on a that vehicle.

mike hunt


"ma_twain" <ma_twain@yahoo.com> wrote in message
news:4376464D.7000608@yahoo.com...
Quote:
The phone and internet can be a powerful set of tools for the new car
buyer. It takes only a matter of minutes to review the stock of 5 dealers
and request a price. Then you sit back and answer the phone calls. Write
down the price from each dealer, take the lowest price and call the other
4 dealers back and tell them their "non-negociable internet" price was not
the lowest. Then you will hear how these "nonnegotiable" prices change.
I got a car loan, 5 price quotes, 4 re-quotes and bought a car in one
afternoon. The use of a telephone does not always mean the buyer is not
serious.

Wolfgang wrote:

Hagged over the phone? Hardly a sign of a serious buyer hence little
incentive by dealer to give low price other than to get you in the show
room plus unless contract is signed by both its NOT binding. Show up at
showroom -- look over the car and then tell salesperson you are having
second thoughts and walk out. He'll call before you are down the road
with a better price if he indeed can do better.

"Built_Well" <bw@bbbbbbbb.com> wrote in message
news:Glpdf.1903$ZA3.375749@monger.newsread.com...

I thought I had negotiated a pretty good price over
the phone for my new '06 Corolla CE automatic with
all-weather package and Convenience package (cruise
with power doors), but now I'm not so sure.

The MSRP for that car is $16,100. Edmunds says the
"True Market Value" of the car in zip code 65201 is $15,600.
I'm getting it for $15,500 (plus only another $50 as a
documentation fee--how's that for a low doc fee).

I thought I had done a great job in the negotiation.
But then yesterday I read the March issue of
Money Magazine, in which they list "Target Prices" for cars
configured with common options, and the Target Price for last
year's *'05* Corolla is $14,500--a thousand dollars
less than what I negotiated for.

Of course that's Money Magazine's Target Price for
last year's Corolla (2005), since the magazine's issue
was published in March of '05.

So maybe I'm comparing apples to oranges, a 2005
to a 2006 Corolla CE. But I'm still left with a
slight amount of gnawing doubt.

Darn, the magazine's target price for last
year's '05 **LE** is $15,100--$400 less than what I'm
paying for the lower end *CE*.

But Edmund's shows this year's base model LE at
$15,800--$300 more than my somewhat loaded CE.

I hope $15,500 is fair for the CE?

Thank you for any advice.


Back to top
Built_Well
Guest





Posted: Sun Nov 13, 2005 8:24 am    Post subject: Re: Price haggling with the Dealer Reply with quote

Come to think of it, I think I did okay in the
price negotiation with my local Toyota dealer.

CarMax.com has a no-haggle price of about $14,800 for
a new '06 Corolla CE. But the CE that I'm buying from my
local dealer costs about $500 more because of the added
Convenience package that CarMax isn't currently
offering--so $15,500 has to be a reasonable price to pay.

The $1,000 cheaper "Target Price" of $14,500 suggested
by "Money Magazine" for last year's '05 CE must not include
destination charge of $550 and maybe other things.

So feelin' good again. I wasn't taken to the cleaners
by my dealer after all !
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Brent Secombe
Guest





Posted: Sun Nov 13, 2005 9:17 am    Post subject: Re: Price haggling with the Dealer Reply with quote

In article <mtxdf.688$Nd.255278@newshog.newsread.com>, Built_Well
<bw@bbbbbbbbbb.com> wrote:

Quote:
Come to think of it, I think I did okay in the
price negotiation with my local Toyota dealer.

CarMax.com has a no-haggle price of about $14,800 for
a new '06 Corolla CE. But the CE that I'm buying from my
local dealer costs about $500 more because of the added
Convenience package that CarMax isn't currently
offering--so $15,500 has to be a reasonable price to pay.

The $1,000 cheaper "Target Price" of $14,500 suggested
by "Money Magazine" for last year's '05 CE must not include
destination charge of $550 and maybe other things.

So feelin' good again. I wasn't taken to the cleaners
by my dealer after all !

In my experience I quickly forget what I paid for something, but every
time I use it I know whether I like it or not. I think you did fine.

Happy miles to you.

Brent
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Mark
Guest





Posted: Mon Nov 14, 2005 8:43 am    Post subject: Re: Price haggling with the Dealer Reply with quote

Why lose sleep over a few hundred bucks? Percentage-wise, it's like
worrying about paying $1.55 vs. $1.45 for a loaf of bread. Don't worry
about it.
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ravelation
Guest





Posted: Tue Nov 15, 2005 9:55 pm    Post subject: Re: Price haggling with the Dealer Reply with quote

mikehunt2@mailcity.com (Mike Hunter)
wrote:

Quote:
Better yet send a request to the Fleet
Sales Manager at the dealership, listing
the vehicle and equipment you want,
and ask for a bid for the total delivered
price on a that vehicle.

Excellent advice. We did that in '02 and got the car for invoice and it
was so easy and hassle free.
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