Please Help!!
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Please Help!!
I'm in the process of buying a new car. This is my first time buying my own new car and ive really been considering a 06 G35coupe MT. I have 20k to put down but i'm clueless on what i should look into before buying the new car and not get ripped off by those salers. Can anyone please give me the whole low down on what to look for before purchasing a brand new car? interest rates, tax, and all the little extras that they charge you prior to the base price. What are the best deals out right now for the 06 or maybe 05? any suggestions?
Any help with info would be appreciated. I live by the detroit area in MI.
Thanks in advance
Any help with info would be appreciated. I live by the detroit area in MI.
Thanks in advance
ENVautoDetailing.com
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From: San Diego/Redondo Beach
do the build your infiniti on the website to get an idea of what color/options/extra's you want and an estimated price. Then go on edmunds.com and find the nation wide average for it. If you can find an 05 then you could get a hell of a deal on it. Make sure you go in to the dealer knowing what you want and dont let them pull your chain.
-GP-
-GP-
if you have many dealerships in your area, you can try this strategy:
if you havent driven the car or seen the features in person, go check it out at a dealership.
submit for online quotes at all of them for exactly what you want. many will try to call you to make offers over the phone or get you to go in person. Make sure you get email quotes. Pit the lowest quote against a few dealerships and see if they will beat it. You can try to pit the new offer against the lowest dealership as well. "beating" doesnt have to mean raw price either, if they'll toss in things you value or make it worth your while/etc... whatever you'd like to get.
This is all talking about straight purchase price. Don't get nabbed with talking a monthly payment price as they can easily play you for more $ if you are trying to negotiate two things at once. Once the purchase price is settled, go get some financing rates at credit unions or from banks, and walk into the dealership with a pre-approved offer.. and finally see if they will give you a better financing rate. That way you separate negotiating the two, and you try to get the lowest for both of them.
Also, you might want to try your state's DMV site, which may include a fees/tax schedule for cars purchased in yoru state. That way you also know if there are any fees/markup your dealership is trying to get you for between the sale price, and the final out the door price. A minor document fee should be acceptable (like $50), but there shouldn't be any hundreds of dollar fee tacked on hidden in the out the door price. Add the official taxes/fees from the state to the sale price, to get your near out the door price... adding any dealer/document fee for your out hte door price.
extras they wanted to charge... might vary from salesman to salesman, but it might be done at delivery/final payment. There were packages like extended warranty ($1000), ding warranty ($500), clear bra something ($1000), lojack ($400, might be worthwhile), etc they wanted to sell too. All seemed grossly overpriced to me except for lojack.
if you havent driven the car or seen the features in person, go check it out at a dealership.
submit for online quotes at all of them for exactly what you want. many will try to call you to make offers over the phone or get you to go in person. Make sure you get email quotes. Pit the lowest quote against a few dealerships and see if they will beat it. You can try to pit the new offer against the lowest dealership as well. "beating" doesnt have to mean raw price either, if they'll toss in things you value or make it worth your while/etc... whatever you'd like to get.
This is all talking about straight purchase price. Don't get nabbed with talking a monthly payment price as they can easily play you for more $ if you are trying to negotiate two things at once. Once the purchase price is settled, go get some financing rates at credit unions or from banks, and walk into the dealership with a pre-approved offer.. and finally see if they will give you a better financing rate. That way you separate negotiating the two, and you try to get the lowest for both of them.
Also, you might want to try your state's DMV site, which may include a fees/tax schedule for cars purchased in yoru state. That way you also know if there are any fees/markup your dealership is trying to get you for between the sale price, and the final out the door price. A minor document fee should be acceptable (like $50), but there shouldn't be any hundreds of dollar fee tacked on hidden in the out the door price. Add the official taxes/fees from the state to the sale price, to get your near out the door price... adding any dealer/document fee for your out hte door price.
extras they wanted to charge... might vary from salesman to salesman, but it might be done at delivery/final payment. There were packages like extended warranty ($1000), ding warranty ($500), clear bra something ($1000), lojack ($400, might be worthwhile), etc they wanted to sell too. All seemed grossly overpriced to me except for lojack.
Last edited by Bobalude; Apr 1, 2006 at 12:45 AM.
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Joined: Jun 2003
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From: Modesto, CA
Not sure what was the reasone for such large sum for down payment, if you have decent/good credit? you probably can get 5%~ish interest rate, maybe the better idea would be to save some of that down payment and investing them.
As far as for pricing goes? I used to think that around 500 above invoice was fair/good price, that was before I received E-mail from one of local dealershipp week ago, they willing to give 3500 off MSRP on any in-stock coupe/Sedan with premium package and thats around 300 below invoice.
As far as for pricing goes? I used to think that around 500 above invoice was fair/good price, that was before I received E-mail from one of local dealershipp week ago, they willing to give 3500 off MSRP on any in-stock coupe/Sedan with premium package and thats around 300 below invoice.
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^^^ i figure the sooner i pay the car off the sooner i wouldnt have to worry about the monthly bills, plus isnt it much better to make a big down payment? less interest ?? lower montly payment??
i have no idea what 500 above invoice means?? nor 3500 off MSRP means..please fill me in!!! what does MSRP mean?
i have no idea what 500 above invoice means?? nor 3500 off MSRP means..please fill me in!!! what does MSRP mean?
www.cars.com
www.edmunds.com
build the car you want, and use the 'research' features on the site to find out what the 'listed' invoice price is. This is the stated invoice price that usually doesnt change much. This may or may not be the real invoice price the dealer pays, but its a reference point.
MSRP is something like 2500 or 3000 bucks more than the listed invoice price. they both refer to the same thing, just a different point of refence (invoice + amount or amount off MSRP)
www.edmunds.com
build the car you want, and use the 'research' features on the site to find out what the 'listed' invoice price is. This is the stated invoice price that usually doesnt change much. This may or may not be the real invoice price the dealer pays, but its a reference point.
MSRP is something like 2500 or 3000 bucks more than the listed invoice price. they both refer to the same thing, just a different point of refence (invoice + amount or amount off MSRP)
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From: Modesto, CA
MSRP -- Manufacture Suggested Retail Price...
Invoice...
Under earlier U.S. state "Fair Trade" statutes, the manufacturer was able to impose a fixed price for items. These fixed prices could offer some price protection to small merchants in competition against larger retail organizations. These were determined to be in restraint of free trade. However, some manufacturers have adopted MSRP — a price at which the item is expected to sell. This may be unrealistically high, opening the market to "deep discounters" who are able to sell products substantially below the MSRP. Recent trends have been for manufactures to set the MSRP closer to the "street price" — the price at which items actually sell in a free market.
A common use for MSRP can be seen in automobile sales in the United States. Prior to the spread of manufacturer's suggested retail pricing, there were no defined prices on vehicles and dealers were able to impose arbitrary markups, often with prices adjusted to what the salesperson thought the prospective purchaser would be willing to pay for a particular vehicle.
Currently, "sticker price" — the price of a vehicle as advertised by a particular dealer — often includes a substantial markup over the MSRP. This markup is often so high that dealers are willing to reduce the margin in order to complete a sale. To make up for the lowered sale prices, dealers will often impose additional charges on certain products such as new models or popular vehicles, as well as dealer items such as interior floor mats, striping, and even sometimes "dealer preparation". Regardless of these up and down adjustments, however, the MSRP remains the same and gives the consumer a starting point for negotiation.
A common use for MSRP can be seen in automobile sales in the United States. Prior to the spread of manufacturer's suggested retail pricing, there were no defined prices on vehicles and dealers were able to impose arbitrary markups, often with prices adjusted to what the salesperson thought the prospective purchaser would be willing to pay for a particular vehicle.
Currently, "sticker price" — the price of a vehicle as advertised by a particular dealer — often includes a substantial markup over the MSRP. This markup is often so high that dealers are willing to reduce the margin in order to complete a sale. To make up for the lowered sale prices, dealers will often impose additional charges on certain products such as new models or popular vehicles, as well as dealer items such as interior floor mats, striping, and even sometimes "dealer preparation". Regardless of these up and down adjustments, however, the MSRP remains the same and gives the consumer a starting point for negotiation.
An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms. Invoices are often called bills.