Reply to What is negotiable when buying a new car?

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[quote=Anonymous][quote=Anonymous]If the dealer provides a price discount up front (between $2k - $5k) with a 8% interest rate, I’d expect one could negotiate pricing and interest rate down further. Is this not the case? Would it be unreasonable to ask for a significantly lower interest rate (ex. 4.5%) for the first 3 months? Plus a reduced pricing by another $5k? I haven’t purchased a new car in YEARS and not sure if I’m way out of the ballpark?

Do they even negotiate anymore? Especially interest rates?[/quote]

Not sure if still true, but in the recent past employee discounts (GM employees, for example) was 18% off of MSRP. Ford used to have a program for non-employees to get a substantial discount close to the employee discount price, but who wants a Ford since the quality has plummeted and Ford is focused on building EV factories.

OP: Highly unlikely that you will ever get close to a GM factory employee discount of 18%.

Whether or not a better deal can be worked out depends in large part upon the vehicle brand & model.
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