Ready to buy

[Auto_x_Al]

Originally Posted by jfnz24

So, went car shopping yesterday for my first new vehicle. Looking at an Impala LTZ. Got information and a price. However, dealer low-balled me on trade in.

While I understand that Kelley Blue Book is just an "estimate" or "average", I would expect to receive at least the low book for my 2000 Blazer, that has less than average mileage, is in great condition, and has every option. Instead, they undercut that number by $1000. While I really want to trade in and move up to the 2008, I find it insane that this dealer won't even consider a higher value to make the sale. Especially since if they sell my vehicle at retail, they would be realizing a profit of over $4,000.

And to eliminate future questions, I started at $400 over invoice and then took off incentives, so they would still be making money on the new car purchase.

Does anybody know of any "hidden" discounts available on the 2008 Impala? All and any help would be appreciated. If somebody is interested in a 2000 Blazer, the info can be found here.

How did you come up with the $4000 profit number?

[Big Time]

My my. Did I strike a nerve?

I admit I could never do what you guys do, but that's because I don't like to count on specious arguments and other deceitful tactics to earn a living. I also would never put up with any verbal abuse by any greedy sales manager either. You have my sympathy.

Buying a car is obviously an adversarial system, but most of you guys take it too far and blatantly disrespect your customers by unsing manipulative tactics and catch-phrases to take control of them, because that control = mo' munny for yourselves. That's the meat of the issue I have with you people and why car salesmen never like me. I always deny them that control, and they take it personally, just like most of you are.

KBB and Edmunds has no agenda to harm any dealership or consumer. Though they aren't perfect, they are among the most reliable independent party to evaluate the value of a used car that we have at the moment. If they really did offer to buy cars for what they say they are worth, that would invalidate them as a reliable source for that information because they would be in it for the profit they could make on the resale of that vehicle.

Auctioneers are the same. There are in it to make a profit from what they buy, so accepting their numbers is just bad business sense for a consumer.

The first time I traded in a car, I just wanted it gone and was happy to get $500 for it, but the second time I went to buy new, my old car was worth $3000 according to KBB and $800 according to the dealer. Needless to say, I didn't buy from them.

[rhvfd10]

I find it hilarious that yea another dealer VS "customer" battle is about to begin again.

[cadillacricket]

Originally Posted by Big Time

Notice that the car salesmen here give you the advice to just go ahead and take an unreasonable loss.

The difference is that this car salesman has the ability to write a check for the amount I say it's worth... Will you placea value on his trade?

Notice Big Time points out a problem without presenting a solution...

Generally all dealers within a particular market area go to the same auctions and tend to bid the same amounts on trade in's in similar condition... But don't take my word for it Big Time, it's just 5 years in the business talking... BTW, What qualifications do you hold?

[cadillacricket]

Originally Posted by Big Time

My my. Did I strike a nerve?

I admit I could never do what you guys do, but that's because I don't like to count on specious arguments and other deceitful tactics to earn a living. I also would never put up with any verbal abuse by any greedy sales manager either. You have my sympathy.

Buying a car is obviously an adversarial system, but most of you guys take it too far and blatantly disrespect your customers by unsing manipulative tactics and catch-phrases to take control of them, because that control = mo' munny for yourselves. That's the meat of the issue I have with you people and why car salesmen never like me. I always deny them that control, and they take it personally, just like most of you are.

KBB and Edmunds has no agenda to harm any dealership or consumer. Though they aren't perfect, they are among the most reliable independent party to evaluate the value of a used car that we have at the moment. If they really did offer to buy cars for what they say they are worth, that would invalidate them as a reliable source for that information because they would be in it for the profit they could make on the resale of that vehicle.

Auctioneers are the same. There are in it to make a profit from what they buy, so accepting their numbers is just bad business sense for a consumer.

The first time I traded in a car, I just wanted it gone and was happy to get $500 for it, but the second time I went to buy new, my old car was worth $3000 according to KBB and $800 according to the dealer. Needless to say, I didn't buy from them.

While I can't speak for all car salesmen, I take extreme offense to your blatent condescending remarks towards my profession... Saying that I must count on decietful tactics to get you to buy what you want to buy anyway is just wrong..

Shame on you for judging someone you don't even know.. Did I not give you sound (though a little sarcastic) advice?

What qualifies you to say that KBB and NADA don't have an agenda? Are they a Not-for-profit or something? Did UNICEF get into the vehicle valuation business? And that auctioneers are the same..? How many auto auctions have you attended? Are people in the car business NOT supposed to make money? What makes you an expert on my industry anyway?

You say that KBB and NADA are the "most reliable independant party to evaluate"? They are the only independant parties available to you! Again, they are a decent tool, but if they are off, they are off.... And you will never know which is which because you aren't a dealer.

I swear the only part about my job that I hate is having to deal with certain people that dispize you, demean you, berate you, use you, then refuse to let you make things easy... And they only come to the dealer because they have to.... That is an adversarial relationship...

And NO.. My relationship with my few hundred customers is not adversarial at all... And no one gets screwed...

Consider the man in the video posted below...
http://my.break.com/content/view.aspx?ContentID=383490

[BryceStrong]

Big Time, kill the melodrama. Go here:
Why can't I just look?

[ChebbySalesDept]

I think I'll just sit back and watch this one!

P.S. Apparantly the title to this thread should really be "Not Ready to Buy Unless I stick you with my overpriced trade"!

[jfnz24]

Originally Posted by Auto_x_Al

How did you come up with the $4000 profit number?

Retail value is listed at $9,500...offered $5,600 on trade...leads to the approximate $4,000 I am referring to.

[jfnz24]

Originally Posted by Auto_x_Al

I agree. But wait I want retail for my trade and I'll buy yours at wholesale. Sorry KBB and Edmunds won't pay for your trade. No offense but financing a 8 year old vehicle isn't easy nowadays. So even if your car is a diamond without financing it's rather useless unless you can find someone who can write a check. You know who can write a check for it? A Wholesaler. A car is only worth what someone will pay.

I had a customer that was 10k flipped in a conversion van. He found somebody that bought it for what he owed and went from an $800/mo payment to a $370/mo payment. I'm not saying your truck isn't worth the cash but obviously it's not to the dealer. But for an extra grand is it worth the recon and advertising and dealin' with the freaks,and there will be freaks,coming over to check out the car at all hours of the day? For me I'd try to get a few bucks more and make the deal and move on with life.

Point being nobody pays sticker anymore. If you don't pay sticker why should the dealer?

Not expected to get sticker, as you refer to it. But I do expect at least a fair trade value, especially since I am paying over invoice on the new car.

[jfnz24]

Originally Posted by ChebbySalesDept

I think I'll just sit back and watch this one!

P.S. Apparantly the title to this thread should really be "Not Ready to Buy Unless I stick you with my overpriced trade"!

Well, I guess you can stop watching now, as the vehicle sold privately for what I was asking for it. Going to do the paperwork next week. Therefore, I guess I really wasn't out of the ballpark.

[BryceStrong]

Originally Posted by jfnz24

Well, I guess you can stop watching now, as the vehicle sold privately for what I was asking for it. Going to do the paperwork next week. Therefore, I guess I really wasn't out of the ballpark.

Anything is worth what someone is willing to pay for it. How do you know that the dealer's offer wasn't fair and that you're the unscrupulous seller for selling it for way too much? By the forms of logic presented in these threads, I'd say that you're on par with us shady car salesmen.

[ChebbySalesDept]

Originally Posted by jfnz24

Well, I guess you can stop watching now, as the vehicle sold privately for what I was asking for it. Going to do the paperwork next week. Therefore, I guess I really wasn't out of the ballpark.

Dealers can buy 2003-2004 Blazers like yours for 9500 all day long. Even that is too much.

All it sounds like is YOU ripped a sucker off with your truck. Welcome to auto sales 101.

Actually this is a very interesting situation. jfnz24 goes and feels he is being lowballed on his trade because dealers would only pay approx. 5500 for it. He sells it privately for 9500 as he proudly spouts. Sounds like a fair deal? For who? The person that bought it, clearly paid waaaayyy too much. If the dealer had taken it in on trade for the 5600 and sold it for 9500, THERE WOULD BE SCREAMING FROM THE HILLS THAT DEALERS ALWAYS RIPOFF CUSTOMERS!!! But not jfnz24.

Who's really the bad guy when all is said and done?

Personally, I have no problem with him selling his truck for as much as the market will bear. I just don't like the "Bash the Car Salesman" attitude by customers here and then they do the same thing when they sell privately.

[redlipp]

Originally Posted by jfnz24

Retail value is listed at $9,500...offered $5,600 on trade...leads to the approximate $4,000 I am referring to.

hopefully you'll be able to sleep well tonight, sounds like the dealer actually did you a favor after all, congrats.

[dishdude]

....

[tom3]

Hey, come on guys, it's dog eat dog in the car business. With the trade in situation taken care of, on a straight out deal, the buyer is really in the driver's seat now. Figure your buying price, stick to it.