Dealing With (Car) Dealers?

[SuperBowlNachos]

Re: Dealing With (Car) Dealers?

If she decides she wants to pay the extra money for an Altima, tell her to look at Chevy Equinoxes. They are a mid-size SUV that run about the same price and get a hell of a lot better gas mileage and they are NICE!

[jeremym480]

Re: Dealing With (Car) Dealers?

Also never tell them what you want to pay per month. They will try to get you to do that. They will give you the monthly payment you want but they will jack up the price of the car.

This. The less info you give them the better. If you tell them you want a payment of $400/per month they will come back with a payment of $440 and ask you "what's another $40 bucks a month? That's only an extra $10 bucks a week. etc".

[SuperBowlNachos]

Re: Dealing With (Car) Dealers?

Or they will give you your $400 a month, but for 12 more months of payments.

[AnArtofWar]

Re: Dealing With (Car) Dealers?

Anyone have tips for used cars. I am looking to buy a Toyota Celica...my first car .

I have researched on the internet what to do. But maybe you all have a trick I don't know of.

And as said. I guess I will give some advice even though a lot has been said(i.e. being in control, not acting TOO interested, and don't get attached to a car etc.), I guess just knowing that they aren't your friend is always important too. Just because they act nice, doesn't mean they are. They want all the commission they can get.

[youvalss]

Re: Dealing With (Car) Dealers?

sometimes I wonder why there's no comics about villains that are car dealers. Could be so good, the pure evil genius... Convincing people to signs deals that are bad for them...

[SuperBowlNachos]

Re: Dealing With (Car) Dealers?

Used cars = try and get Certified Pre-Owned. Truck I just got still has the manufacturers powertrain warranty, and since it's CPO it has a 12,500 mile 1 year bumper to bumper warranty.

[youvalss]

Re: Dealing With (Car) Dealers?

What does Certified Pre-Owned mean?

[p_rushing]

Re: Dealing With (Car) Dealers?

What does Certified Pre-Owned mean?

You have warranties that nothing is wrong with it. They inspect it and make sure nothing is wrong, basically saying it is better than the non-certified cars on the lot. I would only buy a certified from that specific manufacturer though, they know their own cars. You pay more though because they are usually newer cars and the added cost of the certification.

[Speedy]

Re: Dealing With (Car) Dealers?

What I'm speciffically getting at is how do I know what "my price" is?

I'm assuming your mother is going to pay monthly payments, so it's whatever you/she feels is the maximum amount of money you can pay each month. Set a limit and don't waiver, no matter how much you like the car because in the end, you'll regret it...a new car fades after a while, ya know?

I've got an '08 Mazda CX-7 and I told the salesmen that if he makes the payments for $$$/month that I would sign the papers that night...sure enough, I signed them that nite. Funny thing is, they didn't do a credit report on me yet (it was 8pm that nite plus I have nearly no credit) so they had to put like $2000 more in my trade-in.

[ScoobySnax]

Re: Dealing With (Car) Dealers?

Know your FICO score before you walk in the door. That way, you would know the rates you qualify for. If they give you a bogus rate, call them on it and demand the rate you deserve or simply walk. All you need is GAP insurance on the vehicle. All the other crap they try to force down your throat, don't accept it. When signing the papers, read EVERYTHING. They'll try to speed you up here, but take your time and really examine what you're signing up for.

[KingV2k3]

Re: Dealing With (Car) Dealers?

I'm assuming your mother is going to pay monthly payments, so it's whatever you/she feels is the maximum amount of money you can pay each month. Set a limit and don't waiver, no matter how much you like the car because in the end, you'll regret it...a new car fades after a while, ya know?

I've got an '08 Mazda CX-7 and I told the salesmen that if he makes the payments for $$$/month that I would sign the papers that night...sure enough, I signed them that nite. Funny thing is, they didn't do a credit report on me yet (it was 8pm that nite plus I have nearly no credit) so they had to put like $2000 more in my trade-in.

Actually, she is going to hand over the '02 in trade and write a check for the balance...

I'd assume that paying with (virtually) "cash on the barrellhead" should get her a better deal...

Correct?

[SuperBowlNachos]

Re: Dealing With (Car) Dealers?

You should try just selling the car on your own. You will get $1,000 more easy.

When I was doing this they were gonna give me $700 for my truck, we sold it to a neighbor for $1,500 and had offers after we sold it for the $1,800 we asked on craigslist

[GoToledo]

Re: Dealing With (Car) Dealers?

Actually, she is going to hand over the '02 in trade and write a check for the balance...

I'd assume that paying with (virtually) "cash on the barrellhead" should get her a better deal...

Correct?

Actually no. They want you to finance through them, because then they will make more money from the interest payments/ kickbacks from the banks they work with. If they know you are paying cash, they will have to make up that lost money with the sticker price because that's all they have then. Never tell them you are paying cash until AFTER they agree to a price. They will ask you about financing (how much are you willing to pay per month?) frequently. Simply reply that you will not talk about payment until you have struck a deal.

[PVarck31]

Re: Dealing With (Car) Dealers?

I'm assuming your mother is going to pay monthly payments, so it's whatever you/she feels is the maximum amount of money you can pay each month. Set a limit and don't waiver, no matter how much you like the car because in the end, you'll regret it...a new car fades after a while, ya know?

I've got an '08 Mazda CX-7 and I told the salesmen that if he makes the payments for $$$/month that I would sign the papers that night...sure enough, I signed them that nite. Funny thing is, they didn't do a credit report on me yet (it was 8pm that nite plus I have nearly no credit) so they had to put like $2000 more in my trade-in.

No offense man, but I totally disagree with this. I mentioned it earlier in the thread. I am not saying you got a bad deal because I don't know that.

The problem is if you come in with a monthly payment in mind they can take that and manipulate the price of the car to their advantage.

Say you want to pay $400 a month, and the car stickers for $30,000. They will give it to you for $400 a month with no problem. The only thing is you will be paying close to $30,000 for the car. When you could be paying $25,000 or even less.

When I bought my Civic in 02 it stickered for right around $20,000. Its an EX. I found the invoice price and told the salesman I wanted it for $1,000 under that. At first they tried to make is seem like that was totally ridiculous. They pulled the whole well we lose $1,000 on the car then and blah blah blah. So I said ok, thats cool, and I walked out. The next day they called me and I told them I was at another dealership, even though I was sitting at home. So like an hour later they called again and asked me to come back in and that they think they can make the deal I want. So I went back and sure enough got my deal.

[KingV2k3]

Re: Dealing With (Car) Dealers?

No offense man, but I totally disagree with this. I mentioned it earlier in the thread. I am not saying you got a bad deal because I don't know that.

The problem is if you come in with a monthly payment in mind they can take that and manipulate the price of the car to their advantage.

Say you want to pay $400 a month, and the car stickers for $30,000. They will give it to you for $400 a month with no problem. The only thing is you will be paying close to $30,000 for the car. When you could be paying $25,000 or even less.

Interesting...