04-29-2002, 06:47 PM
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#1 |
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Admiral
  
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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Dealership Question
Does anyone here work at a dealship.
What is a safe estimate on hom much you can talk a dealer down on a brand new car and a previously leased car?
__________________
Am I alone here? Is that it? Am I the only one who sees. Maybe we can learn to be just like him. Wear a little uniform. Yes, sir. No, sir. Thank you, sir. |
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04-29-2002, 07:15 PM
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#2 | |
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Rear Admiral Lower Half
Join Date: Feb 2000
Location: Arizona
Posts: 2,158
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Re: Dealership Question
Quote:
Don't talk down. Get the invoice cost and figure how much of a premium you're willing to pay the dealer. For new cars they get 3% holdback usually which is really "hidden" profit that you can use as negotiating leverage. I paid $50 over invoice for my car (but the dealer kept the holdback and made out nicely himself). Bob |
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04-29-2002, 11:39 PM
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#3 |
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Rear Admiral Upper Half
Join Date: Jun 2000
Location: Sherman Oaks, CA
Posts: 3,404
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It also depends on the type of car you are aiming for. If the car you want is in very high demand, good luck negotiating anything off. WHat kind of car are you looking at?
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04-30-2002, 07:46 AM
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#4 |
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Admiral
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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for the previously leased car...
1999 VW Passat GLX 6 cyl w/ Sunroof, Leather/Heated/Memory seats for the new car 2002 VW Jetta GLS 1.8T |
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04-30-2002, 08:28 AM
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#5 | |
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Commander
 
Join Date: May 2001
Location: wish you were here
Posts: 1,357
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Quote:
veedub...represent represent... i'm going from a 1999 jetta wolfsburg edition to a 2002 GTi 1.8T within the next few months. toyed around with the idea of getting an audi A4, but i am not yet an 'audi guy' anyhoo, let me know how the negotiations go for you... |
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04-30-2002, 11:03 AM
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#6 |
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Admiral
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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GREAT NEWS!!!!!!
Apparently my cousin's uncle, is going to start working at a VW dealership in NJ!!! w00t! w00t! Maybe I can get in on a dealer auction!!!!! but at the very least, ill find out how much i can chew a dealership down. |
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05-01-2002, 01:09 AM
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#7 |
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Rear Admiral Upper Half
Join Date: Jun 2000
Location: Sherman Oaks, CA
Posts: 3,404
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Good luck man! Hopefully you'll be pimpin in your new ride.
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05-01-2002, 07:06 AM
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#8 |
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Lieutenant Junior Grade
Join Date: Nov 2000
Location: Albany, NY
Posts: 80
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Dealers still make out on selling a car... Even at Invoice....
They don't pay close to invoice... They pay what is called tissue... I think they are calling the average about 12% lower than MSRP... The tissue is also called Factory Invoice... So you shouldn't pay more than invoice... They are still making a profit of at least 12% then throw in the Holdback... Hey otherwise they wouldn't be in business... And cars are a big business.... Hope this helps...  |
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05-02-2002, 04:27 PM
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#9 |
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Admiral
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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thanks donchristo...but hopefully ill get it at dealer auction
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05-03-2002, 06:13 AM
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#10 |
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Lieutenant Junior Grade
Join Date: Nov 2000
Location: Albany, NY
Posts: 80
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Cool... Good Luck...
Can you really get lucky at one of those... Especially with the guys going from a dealership with a ton of cash...? Just curious... Never had any experience with one... |
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05-03-2002, 11:44 AM
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#11 |
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Admiral
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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well right now i have 13k...by the time i can goto a dealership, i should have 14k or 15k
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05-03-2002, 11:56 AM
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#12 |
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Lieutenant Junior Grade
Join Date: Nov 2000
Location: Albany, NY
Posts: 80
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Where are you going for the Auction...
NYC is not that far away... I used to live just north... In Rockland.. I think you call that Upstate...  |
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05-03-2002, 08:24 PM
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#13 |
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Admiral
Join Date: Jan 2001
Location: NYC
Posts: 5,106
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wherever "uncle larry" wants to go...he's in NJ
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05-04-2002, 04:06 PM
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#14 |
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Captain
Join Date: May 2000
Location: L.A..... Costa Mesa... Whatever, Man!
Posts: 1,824
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A Passat is a whole-lot more car than a Jetta... and a much better value, overall, in my opinion.
Dave. |
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