Are the days of negotiating new car prices coming to a end?
#76
Lexus Fanatic
There are more and more internet consumers who want to do business this way.
For me, I know I can do better in person...so I probably would not do this. Or I would try it for a price comparison...
#77
Lexus Test Driver
#78
Lexus Fanatic
A lot of those "no-haggle" prices are psychological. I got a new car for my wife 2 years ago, and looked at a Toyota Highlander. I called a dealer about 1 hour from me, and they had a new "no-haggle" policy, which they claimed their customers "really responded well to." That was the highest quote I had on a Highlander out of 10 dealers.
I'd bet that what happened is, if one dealership had a Highlander close to (or even exactly) what you and your wife were looking for, they simply quoted you a price on that one. Then the next dealership quoted you a price on one that was close to (but probably not the same) as the one at the first dealership.......and so on, down the line. So, in fact, the best deal out of the ten would probably have been the one with the lowest price on the one with the most equipment/options (assuming you wanted those options).
Last edited by mmarshall; 10-28-14 at 02:44 PM.
#79
Lexus Fanatic
It depends on the car company. For Toyota/Lexus, they ship them in a few configurations, and the MSRP is exactly the same for those configurations.
#80
Lexus Test Driver
The problem sometimes (in fact, most of the time), is that different price quotes are for apples and oranges. It's one thing to say that you got ten different quotes from ten different dealerships on a Highlander....that can happen any time. But, was it a discount for the the EXACT same Highlander, trim-line, color, options, accessories, etc......with the same factory-list price, at ALL TEN dealerships? Pardon me for being a little skeptical, but, I'd be willing to bet a solid no. It's rare to find the exact same car, with exactly the same options/list price, in stock at ten different nearly dealerships all at the same time. That almost never happens.
I'd bet that what happened is, if one dealership had a Highlander close to (or even exactly) what you and your wife were looking for, they simply quoted you a price on that one. Then the next dealership quoted you a price on one that was close to (but probably not the same) as the one at the first dealership.......and so on, down the line. So, in fact, the best deal out of the ten would probably have been the one with the lowest price on the one with the most equipment/options (assuming you wanted those options).
I'd bet that what happened is, if one dealership had a Highlander close to (or even exactly) what you and your wife were looking for, they simply quoted you a price on that one. Then the next dealership quoted you a price on one that was close to (but probably not the same) as the one at the first dealership.......and so on, down the line. So, in fact, the best deal out of the ten would probably have been the one with the lowest price on the one with the most equipment/options (assuming you wanted those options).
Last edited by FastTags; 10-29-14 at 06:17 AM.
#81
Lexus Test Driver
The problem sometimes (in fact, most of the time), is that different price quotes are for apples and oranges. It's one thing to say that you got ten different quotes from ten different dealerships on a Highlander....that can happen any time. But, was it a discount for the the EXACT same Highlander, trim-line, color, options, accessories, etc......with the same factory-list price, at ALL TEN dealerships? Pardon me for being a little skeptical, but, I'd be willing to bet a solid no. It's rare to find the exact same car, with exactly the same options/list price, in stock at ten different nearly dealerships all at the same time. That almost never happens.
I'd bet that what happened is, if one dealership had a Highlander close to (or even exactly) what you and your wife were looking for, they simply quoted you a price on that one. Then the next dealership quoted you a price on one that was close to (but probably not the same) as the one at the first dealership.......and so on, down the line. So, in fact, the best deal out of the ten would probably have been the one with the lowest price on the one with the most equipment/options (assuming you wanted those options).
I'd bet that what happened is, if one dealership had a Highlander close to (or even exactly) what you and your wife were looking for, they simply quoted you a price on that one. Then the next dealership quoted you a price on one that was close to (but probably not the same) as the one at the first dealership.......and so on, down the line. So, in fact, the best deal out of the ten would probably have been the one with the lowest price on the one with the most equipment/options (assuming you wanted those options).
#82
Lexus Fanatic
iTrader: (20)
dealers have NO incentive to provide 'fair' quotes unless forced to by negotiation or by major competition, but even with the latter they will try every trick possible to extract maximum money from customers. the tricks are all well knows, low ball or high ball on price, options, rates, trade-ins, terms, payments, 'dealer add ons', fees, and on and on... they can make all but the most diligent person's head spin.
for car purchase, only 3 things matter:
- trade value
- new car price with no surprises
- finance rates / terms (if not buying outright)
all the rest is aimed to confuse.
and 'no haggle' dealers just means the dealer wants to state a price, and no matter what it is, they can play shenanigans with trade and financing, so it's all a (bad) joke.
for car purchase, only 3 things matter:
- trade value
- new car price with no surprises
- finance rates / terms (if not buying outright)
all the rest is aimed to confuse.
and 'no haggle' dealers just means the dealer wants to state a price, and no matter what it is, they can play shenanigans with trade and financing, so it's all a (bad) joke.
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03-24-15 06:22 AM