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Cars and Transportation
Reply to "Buying a new car"
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[quote=Anonymous][quote=Anonymous]Given all of the car buying services and the internet comparison shopping, how much negotiating is still done for purchasing a new car? Example: car MSRP is $25K. Dealer Internet price is $21K. Is there room to negotiate down or should I expect to pay that price. I won't be financing the car or taking the warranties. I'm not trading in a car. I'm really just making a purchase. If you've negotiated down an internet price, can you share the dollar or percentage that you negotiated down. Thank you.[/quote] Four buckets of negotiation: 1) Price (ask for "out the door" price). 2) Trade-in (if they give on price, they'll lowball on trade-in) 3) Financing (don't let them try to sell you a car based on monthly payments. Know the APR/terms). 4) Extras (warranties, etc). Generally pass on warranties unless you have a lot of computerized stuff like Nav. And you can negotiate extended warranties. Don't do the undercoating, etc. And don't pay for dealer extras like stripes on a car. [/quote]
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