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External
Since: May 22, 2008
Posts: 8
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(Msg. 1) Posted: Fri May 30, 2008 12:07 am
Post subject: Why not use trade
Archived from groups: alt>autos>toyota>trucks (more info?)
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Hello all, been doing a bit of research and have just started negotiations
for an 2008 Tundra 5.7L 4x4, Package "B". (Unit on the lot)
With all the study that I have done in the last week I think I placed a
decent opening offer. ~30K.all in
I am in Canada but have used some of the $$ from US source as a guidline,
since the exchange is not that far appart!
Am i wrong in assuming some level of parity in dealer costs between US and
Canadian dealers..leaving delivery cost aside for the moment.
Other than the obvious low ball trade-in value they say my trade in is worth
which most of us see thru ..what other reasoning is there for not using a
trade as part of the barganing process.
Dealer/Sales manager is telling me the profit margin on this vehicle is ~
$2,800.00 at a MSRP of $38,320.00( BS I think) and they appraised an 2001
F150 XLT (4x2 with 240KM) at $2,600.00 trade in.....these tactic are almost
expected..though still taint the salespeople as scumbags for the blatant
attempt.
I keep reading how these guy are suppose to be hungry...I have not gotten a
counter offer yet...how long do I wait before I need to "Blink" I do want
the Tundra but the local dealerships in this area are owned/managed by the
same corporate outfit.....I won't come out and scream price fixing...but if
it walks like a duck.......
Pogo |
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External
Since: May 29, 2008
Posts: 1
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(Msg. 2) Posted: Fri May 30, 2008 12:07 am
Post subject: Re: Why not use trade [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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Hello!
Read "negotiiating advice" thread posted just recently.
Bill
On Fri, 30 May 2008 00:07:27 -0400, "Pogo" <No_spam_marc@nospam>
wrote:
>Hello all, been doing a bit of research and have just started negotiations
>for an 2008 Tundra 5.7L 4x4, Package "B". (Unit on the lot)
>With all the study that I have done in the last week I think I placed a
>decent opening offer. ~30K.all in
>I am in Canada but have used some of the $$ from US source as a guidline,
>since the exchange is not that far appart!
>Am i wrong in assuming some level of parity in dealer costs between US and
>Canadian dealers..leaving delivery cost aside for the moment.
>Other than the obvious low ball trade-in value they say my trade in is worth
>which most of us see thru ..what other reasoning is there for not using a
>trade as part of the barganing process.
>
>Dealer/Sales manager is telling me the profit margin on this vehicle is ~
>$2,800.00 at a MSRP of $38,320.00( BS I think) and they appraised an 2001
>F150 XLT (4x2 with 240KM) at $2,600.00 trade in.....these tactic are almost
>expected..though still taint the salespeople as scumbags for the blatant
>attempt.
>
>I keep reading how these guy are suppose to be hungry...I have not gotten a
>counter offer yet...how long do I wait before I need to "Blink" I do want
>the Tundra but the local dealerships in this area are owned/managed by the
>same corporate outfit.....I won't come out and scream price fixing...but if
>it walks like a duck.......
>
>Pogo
> |
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External
Since: May 22, 2008
Posts: 8
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(Msg. 3) Posted: Fri May 30, 2008 10:08 am
Post subject: Re: Why not use trade [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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I did scroll back and read the post, The Canadian comparison, and use of
trade in did not come up. The tactic and suggestions were read carefully,
looking for more insight to price justification/comparison between both
markets. I suspect these Tundras are all out of the same manufacturing
plant, and therefore manufacturing cost should not be the variance in price
that I am seing here in Canada, Auto Pack/Nafta duties are all but gone and
the dollars are close in value.... so why am I seing 40% more on the sticker
for this vehicle here!
Marc
"Amiga" <superzaxxon DeleteThis @sbcglobal.net> wrote in message
news:ge5v345bseghnq861ni4hot5q5di56a00g@4ax.com...
>
> Hello!
> Read "negotiiating advice" thread posted just recently.
> Bill
> On Fri, 30 May 2008 00:07:27 -0400, "Pogo" <No_spam_marc@nospam>
> wrote:
>
>>Hello all, been doing a bit of research and have just started negotiations
>>for an 2008 Tundra 5.7L 4x4, Package "B". (Unit on the lot)
>>With all the study that I have done in the last week I think I placed a
>>decent opening offer. ~30K.all in
>>I am in Canada but have used some of the $$ from US source as a guidline,
>>since the exchange is not that far appart!
>>Am i wrong in assuming some level of parity in dealer costs between US and
>>Canadian dealers..leaving delivery cost aside for the moment.
>>Other than the obvious low ball trade-in value they say my trade in is
>>worth
>>which most of us see thru ..what other reasoning is there for not using a
>>trade as part of the barganing process.
>>
>>Dealer/Sales manager is telling me the profit margin on this vehicle is ~
>>$2,800.00 at a MSRP of $38,320.00( BS I think) and they appraised an 2001
>>F150 XLT (4x2 with 240KM) at $2,600.00 trade in.....these tactic are
>>almost
>>expected..though still taint the salespeople as scumbags for the blatant
>>attempt.
>>
>>I keep reading how these guy are suppose to be hungry...I have not gotten
>>a
>>counter offer yet...how long do I wait before I need to "Blink" I do want
>>the Tundra but the local dealerships in this area are owned/managed by the
>>same corporate outfit.....I won't come out and scream price fixing...but
>>if
>>it walks like a duck.......
>>
>>Pogo
>> >> Stay informed about: Why not use trade |
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External
Since: Aug 31, 2007
Posts: 33
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(Msg. 4) Posted: Fri May 30, 2008 11:18 am
Post subject: Re: Why not use trade [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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If it's at all possible, NEVER trade in. Sell the old one outright and go
buy the new one. This is invariably going to save you a couple thousand that
you can put toward the new one. Even if you have to rent a car for a couple
weeks in the interim, you sill save a bundle. If you must trade, don't even
mention that to the dealer till you have negotiated the new car price, and
assume you will get less than wholesale $ for the old one. Once the dealer
knows you're trading, you are screwed. >> Stay informed about: Why not use trade |
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"Valued Corporate #120,34
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External
Since: Apr 07, 2008
Posts: 21
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(Msg. 5) Posted: Fri May 30, 2008 5:01 pm
Post subject: Re: Why not use trade [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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On Fri, 30 May 2008 11:18:08 -0600, "DanG" <nospam DeleteThis @q.com> wrote:
>If it's at all possible, NEVER trade in. Sell the old one outright and go
>buy the new one.
Right on... But remember, there's really nothing evil about the fact
that dealers need to buy at wholesale and sell at retail. Dealerships
are businesses, but we don't have to accept a wholesale price.
Accept it, sell your car yourself, and save money.
Another take: I deal with a credit union. I buy my new car, they
finance 100%. I then sell the old one, and the CU rewrites the loan
for the difference after I pay down the loan with the proceeds from
the sale. . I probably pay $20-30 in additional interest, due to the
higher 100% finance interest rate for a month or two, and it's all
very stress-free. >> Stay informed about: Why not use trade |
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External
Since: Dec 15, 2007
Posts: 9
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(Msg. 6) Posted: Fri May 30, 2008 9:48 pm
Post subject: Re: Why not use trade [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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In article <vgq044p6bdd8e4dfk6tulmjdakndiapb0v DeleteThis @4ax.com>,
DwightSchrute DeleteThis @DunderMifflin.com says...
> On Fri, 30 May 2008 11:18:08 -0600, "DanG" <nospam DeleteThis @q.com> wrote:
>
> >If it's at all possible, NEVER trade in. Sell the old one outright and go
> >buy the new one.
>
> Right on... But remember, there's really nothing evil about the fact
> that dealers need to buy at wholesale and sell at retail. Dealerships
> are businesses, but we don't have to accept a wholesale price.
>
> Accept it, sell your car yourself, and save money.
>
> Another take: I deal with a credit union. I buy my new car, they
> finance 100%. I then sell the old one, and the CU rewrites the loan
> for the difference after I pay down the loan with the proceeds from
> the sale. . I probably pay $20-30 in additional interest, due to the
> higher 100% finance interest rate for a month or two, and it's all
> very stress-free.
Another view - I trade more than sell my used because it takes time to
sell a used car, paper work needs done, always have to worry about
scammers driving your used car for a test (even with you in it), etc...
All that costs money in real terms - as my time is money to me.
Normally I get Blue Book or higher when I trade, and I always tell them
I'm keeping my used car until we get the final price on the new one....
So, as long as they give you a good price on the used one it's not a bad
way to go if you value your time.
--
- Igitur qui desiderat pacem, praeparet bellum.
- Calling an illegal alien an "undocumented worker" is like calling a
drug dealer an "unlicensed pharmacist"
spam999free DeleteThis @rrohio.com (remove 999 for proper email address) >> Stay informed about: Why not use trade |
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