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Negotiating a Used Car Whats reasonable to ask off the asking price on a 2009 at a VW dealership? |
I hate user cars, always taking and never giving :troll: Try to work it down as much as you can, and wait until you're going over the final contract to freak out about the assignment fees (anywhere from $350-$600 ... aka bullshit paperwork fee). Once the contract is drawn up, the salesman doesn't wanna lose the sale so threaten to walk if they don't get rid of the BS fees. That's my only tip that I usually use when buying a used car from the dealership. A lot of used cars are trade ins that they paid next to nothing for. Look up blue book value and try to get under that as much as possible |
VW :lawl: I love how they use "front license plate holder" as a selling point. 2009 sounds like a lease end vehicle, go through it with a fine comb, never know if the last lease owner is like me :troll: |
might want to check for needles and other paraphernalia first or you could use it to your advantage to get some dollars knocked off the asking price :troll: |
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More information might be relevant... :p |
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What does it really matter? My question is, "how much is reasonable to negotiate off?" Not, "should I buy it?" It's listed for 22,900. Is it reasonable to say 20+tax? 19+tax? How much markup is there? |
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Starting at 18-19 grand doesn't seem bad. Look around on craigslist at tiguans from the same year, find the lowest priced one and start around there. |
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I look at the market (CL, B&S, RS), and decide what would be a good/fair price, knowing that a dealer car will always be a bit more than a private sale, and use that as my number to shoot for. If that number ends up being 22.9, then any thing you can bargain off is just icing on the cake. If that number ends up being 17K, well, they're going to have to do a bit of work for my business. |
^ this plus look at condition. For example if the tires are worn out I have the dealer put on new, their cost, or take it off the top. If the wear is uneven I ask for an alignment. If the ashtray insert is missing it was probably a smoker's car, avoid! |
When I go used car shopping I go in with a price in mind after I do my research. That's with all the taxes in. Never budge and never go above what your asking for even if its the car you want. Always remember that there is always a better car out there if you have patience. Once I was looking at a 1999 Miata Special Edition (the one that came with watches). Dealership wanted 12k, I said 10k with all taxes fee's and everything. I made the sales guy work for it and in the end, everyone said no to me. Almost 3 hours of negotiation and he came out empty handed. It was a fun day. |
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So you wasted your day? Or did you end up buying the car? People think some cars are marked up so much... When I was selling a lot of the time there would be only $250-$500 left in the car and people would wonder why we said no when they offer $2-3k less. |
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Tiguan for 22 asking? I'd offer 20 all in and go up to 22 all in. |
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+1. this. every customer thinks we have a huge mark up on the cars... some cars are barely $500... and they expect a $4000 discount. if my car has more than 10k mark up, sure maybe I would give you a $4000 discount... assuming you are a no hassle customer that deserves the discount. Im pretty straight up about it: if you are going to offer me that low for the car, I wont even bother sitting down with you and work a deal. You are wasting your time and mine. Its quite ridiculous. Hell, us car sales guys dont get rich off deals. Im pretty sure if the customer is easy to deal with and straight forward, the sales guy and manager would be more than happy to give you a wicked deal. Cant be greedy all the time. |
^Exactly. If the guy is nice and doesn't act like a total know-it-all douche, I'd be more than willing to work with him on price. Where as if he's like "I saw the same one go for $10k less at so and so place so I want that price and lifetime oil changes and you pay college tuition for my kids" - I will just say price is firm sorry. |
might sound stupid, but the easier to deal with a customer is, the more I am willing to do on pricing. That simple. I hate those customers that compare this and that when it comes to used cars: no two used cars are ever alike. why is our unit 2-3k more than the other unit? there is always reasoning behind it. could be simple as a few options (nav etc), accidents (amount of claim), status (local, out of prov etc) and sometimes even color combo! (white Bmws being a good example..) excuse me if I do sound a bit bitter... 5 canceled deals this month... :okay: |
:iknowthatfeelbro: |
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Go in at the end of the month before closing. :troll: |
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I usually give deals to referrals and family / friends. What really pisses me off is they dont trust me that I have already given a deep discount and they still grind me $300 or the sort. I have done deals before that are less than $300 away... its ridiculous. as for those canceled deals they are because of: 1) serious credit problem... I have had people where they are so seriously in debt, yet still want a $40k car 2) they have found another unit elsewhere (a lower km unit usually, but more expensive) 3) changed their minds as they think the buy is too impulsive 4) something went horridly wrong with the trade in (the engine blew up on the trade in! ) Quote:
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Based on my experience with negotiating used cars. You have to be reasonable. Look up the trade-in value and at least factor in a profit for the dealer. Based on the cars I looked at when I was shopping, I usually put in $500 to $1K profit on it as a starting point (CBB @ $15-16K). And of course have to put some leeway into it (I usually expect to pay $1.5-2K above the CBB) But that would only work in the case of a Trade-In. Leases I looked up residual values and just estimated the buyout if the vehicle was returned early (Months to be paid off pretty much + penalty and fees). Then had to tack on a profit margin of some sort. For most of the sales people and dealers I've worked with, they've been quite nice in working with me. I've even had a sales person tell me that he could get $3K off the asking price since he was the one who dealt with it as the trade-in ('10 Lancer GTS - 1 week on the lot & no claims, 28k km) though I passed as it just didn't feel like the car for me. And the car that I ultimately drove home I was able to get $3K off (13%), being that they also replaced the brake pads prior and that the vehicle was only on the lot for about a week. This however you'll need to get a good look over the vehicle and just point out anything that is outside of normal wear and tear. And you'll need to do your research in what is a reasonable price to offer. It can especially be tricky if there are no similar vehicles out there. Now at the end of the day, the dealers need to make money, we want to drive home in a set of wheels. So at the very least, just be kind and sincere while not being demanding. They sometimes may just go out of their way to help! And note, i'm just sharing my experience. There is no right or wrong way (except for a lowball offer, can go south real quick). |
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