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Reply to "New Car Shopping is the Worst - Any Hacks?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I bought my last car by email. I had done my research, including going to some dealerships in person to test drive, and knew what was a good price. I emailed 3-4 dealers that I knew had my car on the lot and asked them to give me a price. Picked the lowest one, worked out a price for the trade in, and struck a deal. DH went and picked up the car, so I never even met the salesman. A friend recently bought a car using the Costco car program. It is also no hassle/no haggling. Costco negotiates the price, and they match you with a dealer that has agreed to sell at that price.[/quote] You can still use the Costco/Truecar price to negotiate discount, just harder to do right now. Always focus on the “out the door price.” Don’t play games with how much you want to pay each month. Have your own financing arranged, hopefully with a credit union, but you can shop around. But be aware the manufacturer financing may get you (and the dealer) $500 or do. You can then turn around and refinance in a couple of days at a lower rate. Don’t pay market adjustment mark ups unless it’s a car in high demand, and always consider used due to depreciation. Extended warranties are usually a bad deal a a profit center for dealers. Same for tire snd wheel protection. Refuse to pay for nitrogen, leather/paint protection or VINa etching when you get to F&I. If the desler insists on a Doc fee then that should come off of the top line. Look around for other potential savings such as loyalty/conquest promotions. Also membership in the BMW car club of America nets you at least a $500 check. Be firm but respectful and prepare to walk if necessary. Soliciting pricing buy emailing the Sales Msnager or Internet Sales Manager is a good strategy but may not get you the best price in todays market. You should’ve add Lao consider whether driving a distance can save you money. If you’re trading in treat it as a separate negotiation. Get online offers from Carmax, Vroom, Carvana or even another local dealership to use in the negotiation. Consider whether the dealer offers loaners for service (service is where the bulk of profits are generated) or even pickup or drop off car. Also consider the length of warranty and what is d as No is not covered by the manufacturer. [/quote] You are 100% wrong on all of this. There are no discounts, Dealers are not honoring any programs including Costco, and used cars are not depreciated at all. [/quote]
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