Reply to Buying a car - what % of the price is a realistic "low" offer?

Forum Index » Money and Finances

Reply to "Buying a car - what % of the price is a realistic "low" offer?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]instead of haggling on the total price of the car, tell them what you want your payment to be. If they can do it, great, if they can't then walk away. We have done this both times we bought our cars (husband literally took the keyboard and punched in his own numbers) and it worked perfectly. [/quote]

That's idiotic[/quote]

+1 all they will do is extend the term of the financing (3 years to 6 years). Yes your monthly payment will come down, but you will be paying more for the car (longer interest payments).

OP I purchased a 2011 crv exl last month in nova (25k miles). List price was $23k. I told them the high end of my budget was closer to 20k. The came down to 22.5. I offered 21k, we settled at 21.5. Based on comps in the area, I thought that was fair. In contrast, 4 years ago we bought a jeep liberty. List was $23 (15k miles) we purchased for $17.5. Long story short- I agree with pp that it dends on the type and style of car and how long the car has been sitting on the lot. I think 10% is fair for Honda/Toyota, but it really depends on where the specific car falls when compared to local listings of the same trim.

And, fwiw, I always negotiate via email. I'm very bad at face to face because I have a hard time processing numbers in my head. T[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics