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Mar 24, 2023
3:39
:01
pm
JuveCoug
Walk-on
Do you also ask a home builder how much it cost them to build a house?
This message has been modified
Originally posted on Mar 24, 2023 at 3:39:01pm
Message modified by JuveCoug on Mar 24, 2023 at 3:39:49pm
Message modified by JuveCoug on Mar 24, 2023 at 3:40:07pm
Message modified by JuveCoug on Mar 24, 2023 at 3:40:19pm
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JuveCoug
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Jared511
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JuveCoug
Joined
Sep 13, 2018
Last login
May 13, 2024
Total posts
146 (0 FO)
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Messages
Author
Time
Seeing some signs that new car prices are coming down. For example, Anderson Honda in Palo Alto are selling all cars at
slappy
All-American
3/24/23 3:05pm
MSRP is a joke. Even "dealer invoice" is a joke. The true price that the
Cougar Junkie
3/24/23 3:09pm
It's an absolute racket and rip off. Sad that we look at that like a deal. But just last year dealerships were charging
slappy
3/24/23 3:15pm
Yup. Supply and demand.
Cougar Junkie
3/24/23 3:16pm
And it changes over time via manufacturer rebates and dealers hitting quarterly and annual sales goals. That's why
Division Bell
3/24/23 3:19pm
I may have lucked into that very scenario. I bought a brand new 2020 Mustang GT
Cougar Junkie
3/24/23 3:25pm
This sounds good and often there are slightly increased manufacturer rebates
Plato
3/24/23 3:28pm
If the dealer is stuck on 49 units on the final day, at the end of the day, they'll drop their own price like crazy to
Division Bell
3/24/23 3:39pm
It is absolutely not much of a secret. And good dealers net 3% return on sales,
Plato
3/24/23 3:26pm
It's a secret as far as the suckers are concerned, and one is born every minute.
Cougar Junkie
3/24/23 3:30pm
I don't know if racket is the word I would use. Why should I care how much
crack
3/24/23 3:32pm
There was a great book written many years ago by a dealership insider.
Cougar Junkie
3/24/23 3:34pm
I DO want to know how much the dealer paid for it. I'm not going to pay
Cougar Junkie
3/24/23 3:35pm
Do you also ask a home builder how much it cost them to build a house?
JuveCoug
3/24/23 3:39pm
I would if I thought I'd get an honest answer.
Cougar Junkie
3/24/23 3:43pm
I guess I am too simplistic. When we purchase a new car, I check what dealers
crack
3/24/23 3:43pm
Of course the seller can make a profit. I'm just against paying more than he
Cougar Junkie
3/24/23 3:46pm
So two dealers have exact same car.
crack
3/24/23 3:56pm
In that unlikely scenario, I would buy the 14k vehicle. I suspect it's much
Cougar Junkie
3/24/23 4:04pm
I guess my point is I don't really care about invoice, MSRP, etc.
crack
3/24/23 4:21pm
That's a great line!
Cougar Junkie
3/24/23 4:23pm
Another thought. When negotiating, it's best to start at what THEY paid for it,
Cougar Junkie
3/24/23 4:30pm
And, negotiate via e-mail. Don't go to the dealership and sit there negotiating.
Cougar Junkie
3/24/23 4:48pm
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