Another day at the dealership...
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From: Queens, New York
Another day at the dealership...
So I'm an 18 year old college student that drives a 07 OB coupe and have been trying to trade my car for a 6mt since august.
When I went back to my dealer they told me to wait until fall becasue sport cars go down in price at this time. This seems reasonable so I did.
I go to the dealer yesterday and wanted to buy a 06 OB coupe 6mt.
So they go throught the routine let me test drive and appraise my car and whatnot and they come up that there car is worth 26k and mine is worth 22k ....WTF!
I know that the 6mt goes for more but jeeez
My car is a year newer
I have 12000 less miles
And I have navi and they dont
My dads trying to haggel the difference down but would anyone like to comment on how badly theyre trying to rip me off or have others gotten it worse?
When I went back to my dealer they told me to wait until fall becasue sport cars go down in price at this time. This seems reasonable so I did.
I go to the dealer yesterday and wanted to buy a 06 OB coupe 6mt.
So they go throught the routine let me test drive and appraise my car and whatnot and they come up that there car is worth 26k and mine is worth 22k ....WTF!
I know that the 6mt goes for more but jeeez
My car is a year newer
I have 12000 less miles
And I have navi and they dont
My dads trying to haggel the difference down but would anyone like to comment on how badly theyre trying to rip me off or have others gotten it worse?
You know it's a dealer right? They will rip you off hard. I'd say the the 06 is worth closer to what they offered you for your car and they want to make pure profit on the difference.
Sell it privately and buy a another one privately.
Sell it privately and buy a another one privately.
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Just my .02 i just bought my 07 ob 6mt with navi and 17,000 like 2 weeks ago.. They were trying to get 28 for the car but i got it down for 26. I think you can haggle the dealership down a bit more..I think if you keep haggling them.. They will give you more for your car man. I think you can atleast get around 23 or 23.5 and try to drop the price for the 6mt to around 25 or so.. Just keep haggling and dont let in.. Good luck man
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selling your car privately is always better than trading it to the dealership.. they give you **** for your car and sell it for a ridiculous price! i say sell private and if you can find a good 06 ob 6mt private then go for that or you can buy dealer and pay a lil more
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yea its a pain having to deal with them but im trying to transfer my current loan to the new trade and i cant do that privately so they kinda got me by the *****.
Im going back tmw to see if they can come up with a better offer ill keep everyone posted
Im going back tmw to see if they can come up with a better offer ill keep everyone posted
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You can't forget that you're doing a dealer trade in, which is always considerably less money for you than selling it privately. It costs the dealer a bunch of money to do all the necessary tests, diagnostics, maintenance and reconditioning so that they can get the most out of that car when selling it. I'm not defending them in any way, but just explaining how their business works. Of course they're out to make money, if they weren't there wouldn't be any dealerships. Sell it privately, I'm sure you'll get closer to what you want, and it'll go fairly quick. Then come back to them with 22k cash and tell them they're taking it or leaving it for the 6MT. You come up a couple Gs on top to get a Motordyne upper and lower plenum and maybe a drop and exhaust!!
You did NOT take the shaft offer did you?
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
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Joined: Sep 2008
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You did NOT take the shaft offer did you?
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
thank you for sharing you experiences with us.
Thread Starter
|
Registered User
Joined: Mar 2009
Posts: 144
Likes: 0
From: Queens, New York
You did NOT take the shaft offer did you?
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
FYI..
Experience as a car salesmen (3 years).
Don't take their offer they always try to go 5-6 K back of blue book they call it the black book listing. They probably took the car they want 26k for in at about 19K and slapped on a car wash some fluid and brakes.
Take the amount you owe and expect that they are going to try and feed you a line of S*** saying you need this that etc. If you want a good solid offer for your car take it to car max and get them to give you an estimate.
Also don't put anything down. You already financed one car take the money you were going to pay in down and send it to the finance company. The up front cash is more like a bonus spin to the pocket of the FI mgr, salesman, and his desk jockey.
Realistically with no money out of pocket and a 60 month payment term your payments should be about 16.38 for every thousand dollars you borrow. You will essentially need not to roll anything into your payment. If you are willing to travel keep looking. Don't give in to your impulse gratification it will just bite you in the *** financially later.
I am probably too late in informing you of the basics but hopefully someone else will read this and think twice before worrying about the cash burning a hole in their pocket leaving a desire to spend it without fore thought.
Also always show up in the day time check the car over spend about an hour with it and leave don't ever negociate up front. Come back later in the day preferably 2 hours before closing and usually do this on the last day of the week Saturday or even on the last day of the month. Yea it suck to spend halloween at a dealership but you will be playing the upper key because you may very well be the deal that makes or breaks a salesmans paycheck.
What I mean by that is you could only be a mini deal for him but the extra notch on the list for the month will increase the percentage he makes on his other deals that brought in more cash and required less margin loss.
If anything Ill wait for them to call me with a better offerand I wont go in until the end of the month
Thanks for the info
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