Thread: Car buying tips
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Old 11-28-2007, 03:29 PM
RR RR is offline
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Join Date: Sep 2002
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Default Re: Car buying tips

Go to the Consumer Reports website (I don't have the link in front of me). Pay them $12 (it might have gone up, I last used it in 2004) for a price report on the car you are interested in. It will tell you the actual dealer cost (including holdbacks) on the the car you are looking for. Now decided how much yout time is worth. If you offer them $500 above their cost (that might be less than invoice) they will probably take it. My last car I offered $450 above their cost and the firs dealer turned me down and the second dealer took it. If you have more time you can start at $100 below their cost and float that to each dealer and go to each dealer in your area with a little bit higher offer until you get them to accept it. They will try to tall you about advertising "fees" and such, just say no.
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