Bargaining with Dealers MSRP?
#23
Originally Posted by wholeflaffer
Manufacturers MAY establish an MSRP, but keep in mind that MSRP reads: Manufacturer's Suggested Retail Price. This is legalese for "This is the price we recommend that our dealers sell it for, but we cannot control the actual price." What Toyota apparently does, via its Scion dealership agreements, is require that the dealer set a selling price and not vary it from one customer to the next. Note that this requirement does not affect the dealer's ability to compete on price against other dealers, and is therefore legal.
I did however threaten to walk, and my dealer thew in some accessories to keep me there. So that's one thing to try. But the actual price on the sticker should never come down.
-THE DON
#24
Originally Posted by d-dave
The only wiggle is what options the dealer with give. I think it's great, but it hurt scion when I went to buy my car. Nissan gave me 1% financing, and 1500 in rebate. Scion couldn't match that deal.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
#25
When purchasing a car from ANY dealer the things to watch out for are the fees. With Scion expect to pay the sticker price, the toyota destination charge ($565 I think- or something like that) and fees for title, tax, plates and registration. Anything else is padding by the dealer. The best advice I can give to anyone is to know what the cost of paperwork is for a new car in your state. Call your DMV and get numbers. When I bought my tC they tried to charge me $150 for $45 worth of title work. I wouldn't pay it and I walked. Contacted another Scion dealership and they were straight up about it- $45 and not a penny more. I highly encourage anyone thinking about buying a new car to checkout www.carbuyingtips.com to see all the types of fees that dealers can throw at you! Good luck!
#26
No negotiating - just don't fall for the "Oh we have (color you want) at the port / on the lot but it already has (accessories you don't want) installed"...just be firm and they'll quickly change their story to "O.K. I'll call around and see what I can do" or "Good News they haven't already installed (accessories) at the port".
#27
Originally Posted by THE DON
I did however threaten to walk, and my dealer thew in some accessories to keep me there. So that's one thing to try. But the actual price on the sticker should never come down.
-THE DON
I did the same thing, my local dealer ended up making a few bad moves. And since I knew that I could go to ANY dealer and pay the same price, I made sure I told them so. I ended up getting undercoating, interior protection, and paint protection (called the "Northwest Protection Package") for free. Its normally $295, its not worth that at all....but for free I guess its OK
#28
Originally Posted by budman650
Originally Posted by d-dave
The only wiggle is what options the dealer with give. I think it's great, but it hurt scion when I went to buy my car. Nissan gave me 1% financing, and 1500 in rebate. Scion couldn't match that deal.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
Haggling is ingrained into the consumers mind ONLY with cars. You know why? Because most dealers have plenty of wiggle room. Scion cars are sold slightly over invoice, this can be checked by various online independent sources. Scion also doesn't allow the dealers to vary the price per customer, because the target market sample told Toyota, HEY, WE DON'T WANT TO HAGGLE FOR THE CAR, WE WANT TO KNOW ALL THE PRICES STRAIGHT UP, AND WE'LL ONLY BUY IT THAT WAY.
This information was easily obtainable before you walked on the lot and tried to be Mr. Big Shot and still get a deal, even though it's pure price, straight up, what the dealer's menu says is what you, and the next guy, and the guy before you paid. You all got the same great deal.
Yea, I noticed the APR rates were sligthly high, but I'd rather pay 4.5% for a quality product than 0% for a pile of junk like the Cobalt.
Still, I don't think you can get a comparable car with the same options and the same build quality for ANYWHERE close to the price of the tC even with haggling. I was considering a SRT-4 because I could have gotten it on green sheet, basically invoice. I still felt it was the lesser value when compared to a tC.
*shrug*
YMMV.
#29
Originally Posted by mancide
What about when you call DELL to order that computer you saw advertised at a rock bottom price on TV?
#32
actually, the dealership doesn't just make money on the sale. they usually make more money on the financing(if you're doing that. have them explain every step as though you know nothing about money. take a notepad and write down every descrepancy you notice. before you sign any papers, ask them why, in a different way, one more time and see if they keep to the same story. also, do not get the gap insurance. you pay them $500 to pay your $500 deductable IF you ever total your car. not damage, but total. it's a rip off. keep your 500 and save it for yourself. If you never hurt your baby, you're that much richer.
#33
Originally Posted by mancide
Originally Posted by budman650
Originally Posted by d-dave
The only wiggle is what options the dealer with give. I think it's great, but it hurt scion when I went to buy my car. Nissan gave me 1% financing, and 1500 in rebate. Scion couldn't match that deal.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
Haggling is ingrained into the consumers mind ONLY with cars. You know why? Because most dealers have plenty of wiggle room. Scion cars are sold slightly over invoice, this can be checked by various online independent sources. Scion also doesn't allow the dealers to vary the price per customer, because the target market sample told Toyota, HEY, WE DON'T WANT TO HAGGLE FOR THE CAR, WE WANT TO KNOW ALL THE PRICES STRAIGHT UP, AND WE'LL ONLY BUY IT THAT WAY.
This information was easily obtainable before you walked on the lot and tried to be Mr. Big Shot and still get a deal, even though it's pure price, straight up, what the dealer's menu says is what you, and the next guy, and the guy before you paid. You all got the same great deal.
Yea, I noticed the APR rates were sligthly high, but I'd rather pay 4.5% for a quality product than 0% for a pile of junk like the Cobalt.
Still, I don't think you can get a comparable car with the same options and the same build quality for ANYWHERE close to the price of the tC even with haggling. I was considering a SRT-4 because I could have gotten it on green sheet, basically invoice. I still felt it was the lesser value when compared to a tC.
*shrug*
YMMV.
#34
Originally Posted by xlr8tC
actually, the dealership doesn't just make money on the sale. they usually make more money on the financing(if you're doing that. have them explain every step as though you know nothing about money. take a notepad and write down every descrepancy you notice. before you sign any papers, ask them why, in a different way, one more time and see if they keep to the same story. also, do not get the gap insurance. you pay them $500 to pay your $500 deductable IF you ever total your car. not damage, but total. it's a rip off. keep your 500 and save it for yourself. If you never hurt your baby, you're that much richer.
As far as GAP insurance goes, I think you have this confused with something else. GAP pays your car off if it is totaled. If you wreck it a week after buying it and your car is valued at $16,000 vs. your $19,000 pay off, then GAP pays the $3,000 your ins. company doesn't and the loan is satisfied. It is that simple. Nothing to do wiht a deductible. The price of GAP is regulated in Texas, and is a percentage of the sales price, so the dealer doesn't have the ability to play witht he cost of GAP.
I hope this clears that subject up.
#35
Originally Posted by mancide
Originally Posted by budman650
Originally Posted by d-dave
The only wiggle is what options the dealer with give. I think it's great, but it hurt scion when I went to buy my car. Nissan gave me 1% financing, and 1500 in rebate. Scion couldn't match that deal.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
Haggling is ingrained into the consumers mind ONLY with cars. You know why? Because most dealers have plenty of wiggle room. Scion cars are sold slightly over invoice, this can be checked by various online independent sources. Scion also doesn't allow the dealers to vary the price per customer, because the target market sample told Toyota, HEY, WE DON'T WANT TO HAGGLE FOR THE CAR, WE WANT TO KNOW ALL THE PRICES STRAIGHT UP, AND WE'LL ONLY BUY IT THAT WAY.
This information was easily obtainable before you walked on the lot and tried to be Mr. Big Shot and still get a deal, even though it's pure price, straight up, what the dealer's menu says is what you, and the next guy, and the guy before you paid. You all got the same great deal.
Yea, I noticed the APR rates were sligthly high, but I'd rather pay 4.5% for a quality product than 0% for a pile of junk like the Cobalt.
Still, I don't think you can get a comparable car with the same options and the same build quality for ANYWHERE close to the price of the tC even with haggling. I was considering a SRT-4 because I could have gotten it on green sheet, basically invoice. I still felt it was the lesser value when compared to a tC.
*shrug*
YMMV.
#36
Originally Posted by Heliotropic
my bro is the General Sales Manager for a dealership in baton rouge. The funny thing is, if he wanted to buy a scion, he would have to pay sticker. the reason being is that scion audits the dealerships every month to make sure the # of vehicles sold match the net sales. if there is a difference, the scion dealership could possibly lose their line of cars. They only mark the tCs up like 800 bucks anyway... most other cars are 2k-8k.
dealership i got mine from told me the same thing. they would get in trouble if they did anything with the price.
#37
Originally Posted by budman650
Originally Posted by mancide
Originally Posted by budman650
Originally Posted by d-dave
The only wiggle is what options the dealer with give. I think it's great, but it hurt scion when I went to buy my car. Nissan gave me 1% financing, and 1500 in rebate. Scion couldn't match that deal.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
There's a scion dealer in fort mill sc that gives you free tires for life with your scion purchase. That's about the limit of what a dealer can do, just the perks they offer.
Haggling is ingrained into the consumers mind ONLY with cars. You know why? Because most dealers have plenty of wiggle room. Scion cars are sold slightly over invoice, this can be checked by various online independent sources. Scion also doesn't allow the dealers to vary the price per customer, because the target market sample told Toyota, HEY, WE DON'T WANT TO HAGGLE FOR THE CAR, WE WANT TO KNOW ALL THE PRICES STRAIGHT UP, AND WE'LL ONLY BUY IT THAT WAY.
This information was easily obtainable before you walked on the lot and tried to be Mr. Big Shot and still get a deal, even though it's pure price, straight up, what the dealer's menu says is what you, and the next guy, and the guy before you paid. You all got the same great deal.
Yea, I noticed the APR rates were sligthly high, but I'd rather pay 4.5% for a quality product than 0% for a pile of junk like the Cobalt.
Still, I don't think you can get a comparable car with the same options and the same build quality for ANYWHERE close to the price of the tC even with haggling. I was considering a SRT-4 because I could have gotten it on green sheet, basically invoice. I still felt it was the lesser value when compared to a tC.
*shrug*
YMMV.
Why would you need to ask for extra mayo at Subway, that's like asking for extra onions at McDonalds, they already put too damn much on there. Yes, I know you haggle for houses and such, but you aren't working with a dealer there. You are typically working with the person selling the house, that's a totally different ballgame. Dell will sometimes throw in free things at random without you even asking, but I've never heard of Dell "haggling" over the price of a $400 computer.
That's fine, if you like to haggle, go somewhere else. Don't bash Scion for what they decided to do. Their target market said, WE DON'T WANT TO HAGGLE, so Toyota listend. I prefer not spending all damn day haggling with the dealer, my time is not worthless like yours apparently is. Every minute I spend at a dealer isn't free.
To each his own, but $16,500 on a $15,800 invoice car, I don't know what you expect them to come down on. Especially when they run the risk of not being able to sell Scions by allowing you to haggle with them over the price.
You also seem to forget, even at a dealer that allows haggle, A HOT CAR WILL NOT BE HAGGLED ON, AND SOMETIMES WILL SELL FOR WELL OVER MSRP. Anyone remember something called the PT Cruiser when it came out? MSRP was $14,000. They were SELLING for $22,000 or more. Why? Demand. There weren't enough and people were willing to pay $22,000 for it. You think the dealers haggled with anyone over that price? I'm willing to bet no. They knew some idiot was going to come in and pay $8,000 over MSRP for a neon with a different body on it.
I'm tired of these threads bashing the Pure Price idea. I loved it. I know I got the same deal as everyone else at that dealer. I also know I didn't spend more than a total of 2 hours test driving and talking about finance and placing my order. The last time I bought a car I spent damn near 2 days in there haggling over price and options, and I felt dirty when I left. I didn't like haggling, a lot of people don't.
#38
I personally do not see a problem with the way Scions are priced or Purew Pricing to begin with. I know that I am a dealer, but before you say that I am biased, remember that my wife and I just bought a RS2.0 xB. We did not get any special treatment or pricing, nor financing. We had erverything exactly the same as any other customer. I do not have a problem with it. The system is fair. The problem I have is dealers that get greedy and bend the rules. A very well known and high volume dealer in the Dallas, TX area just failed a Scion audit. That is far worse than letting a few customers leave without buying because they want a discount.
#40
On the Scions, if the dealer is using Toyota Financial Services (TFS), then we only get a flat $250 out of the financing. We cannot adjust the rates on Scions, so there is not very much profit in the financing either.
As far as GAP insurance goes, I think you have this confused with something else. GAP pays your car off if it is totaled. If you wreck it a week after buying it and your car is valued at $16,000 vs. your $19,000 pay off, then GAP pays the $3,000 your ins. company doesn't and the loan is satisfied. It is that simple. Nothing to do wiht a deductible. The price of GAP is regulated in Texas, and is a percentage of the sales price, so the dealer doesn't have the ability to play witht he cost of GAP.
I hope this clears that subject up. *%quote*
I don't know about your insurance there, but comprehensive here pays off your car if you total your car, not the value of the car. that's why lienholders make you carry it. i'm sorry for you guys in texas if this isn't the case. also, toyota dealerships don't just use toyota financial services. they have many more 'friends' to help them get a loan for their buyers. you can argue all you would like, but it won't do any good. i've learned all of this by firsthand experience. you won't convince me otherwise.
As far as GAP insurance goes, I think you have this confused with something else. GAP pays your car off if it is totaled. If you wreck it a week after buying it and your car is valued at $16,000 vs. your $19,000 pay off, then GAP pays the $3,000 your ins. company doesn't and the loan is satisfied. It is that simple. Nothing to do wiht a deductible. The price of GAP is regulated in Texas, and is a percentage of the sales price, so the dealer doesn't have the ability to play witht he cost of GAP.
I hope this clears that subject up. *%quote*
I don't know about your insurance there, but comprehensive here pays off your car if you total your car, not the value of the car. that's why lienholders make you carry it. i'm sorry for you guys in texas if this isn't the case. also, toyota dealerships don't just use toyota financial services. they have many more 'friends' to help them get a loan for their buyers. you can argue all you would like, but it won't do any good. i've learned all of this by firsthand experience. you won't convince me otherwise.