Didn't accept my cash offer
02-16-11, 10:51 AM
#16
I think if the car is $47,000 and they need to order it. Then They wont take the $44,000 cash.
But if the car was sitting there I think a fair offer will be $45,800.
I ask my uncle about this he works in the Lexus dealer here and he told me they will take the $45,800 for the car sitting and he wont take less than $46,900 for the one they have to order.
But if the car was sitting there I think a fair offer will be $45,800.
I ask my uncle about this he works in the Lexus dealer here and he told me they will take the $45,800 for the car sitting and he wont take less than $46,900 for the one they have to order.
Last edited by nonopr01; 02-16-11 at 10:54 AM.
02-16-11, 10:52 AM
#17
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I went to www.truecar.com and entered in a zipcode and the average price paid is around 43k. You should go to that website and see if it applies to your city.
02-16-11, 11:33 AM
#20
That was the situation I ended up in so I did my best to get as close to the price I wanted.
I agree. My family did this on one of our previous cars.
I agree. My family did this on one of our previous cars.
02-16-11, 03:15 PM
#22
Finance and pay it off right away. There's no additional cost to financing if you pay right away.
Three money making elements to any car deal: New vehicle price, trade in offer, financing. All three together comprise the deal's value. When you take financing out of the picture, you eliminate one of the places they can make money, so either trade or purchase price will suffer. If you have no trade and you pay cash, they need to make all their money on purchase price. It's the hardest way to get a good deal.
I've never bought from a dealer with cash even when I had the money in hand.
Three money making elements to any car deal: New vehicle price, trade in offer, financing. All three together comprise the deal's value. When you take financing out of the picture, you eliminate one of the places they can make money, so either trade or purchase price will suffer. If you have no trade and you pay cash, they need to make all their money on purchase price. It's the hardest way to get a good deal.
I've never bought from a dealer with cash even when I had the money in hand.
02-16-11, 03:17 PM
#23
I think if the car is $47,000 and they need to order it. Then They wont take the $44,000 cash.
But if the car was sitting there I think a fair offer will be $45,800.
I ask my uncle about this he works in the Lexus dealer here and he told me they will take the $45,800 for the car sitting and he wont take less than $46,900 for the one they have to order.
But if the car was sitting there I think a fair offer will be $45,800.
I ask my uncle about this he works in the Lexus dealer here and he told me they will take the $45,800 for the car sitting and he wont take less than $46,900 for the one they have to order.
02-16-11, 03:37 PM
#24
Lexus Champion
02-16-11, 04:21 PM
#26
yu guys must make good money to be able to pay 47k cash for a car in this economy. I still think you should finance the car for 3-6 months and then just make 1 big payment to pay it off. Not sure what type of work yu do, but im sure the goverment may investigate if yu buy a car for 47k cash. Maybe i need to move to MI bcuz yall making serious money out there. 
Last edited by RastaRacer; 02-16-11 at 04:29 PM.
02-16-11, 04:23 PM
#27
I think that's your best bet. I would go to edmunds.com and look up True Market Value TMV and see how that compares kind of like what was mentioned earlier. Then print it and tell them you want that price, first payment is your last and you have a sick new IS350 AWD! Good luck!
02-16-11, 05:36 PM
#28
Hi everyone.. So yesterday I went to the dealership expecting to buy my new is 350awd.. After some numbers were crunch up by the dealer for a 350awd nav/ luxury package. It came up to a little bit over $47k out the door taxes, fees etc etc..
I counter back at 43k and they came back at little but over 46k
I came back at them with 44k cash offer out the door, and I told them if they accept it I'll buy it today..
To my surprise they didn't accept my offer( I was shocked)
Do u guys think $44k for a is350 AWD with nav/ luxury package was a fair deal.. I thought it was a fair deal? Or am I wrong
I counter back at 43k and they came back at little but over 46k
I came back at them with 44k cash offer out the door, and I told them if they accept it I'll buy it today..
To my surprise they didn't accept my offer( I was shocked)
Do u guys think $44k for a is350 AWD with nav/ luxury package was a fair deal.. I thought it was a fair deal? Or am I wrong
Banks borrow money at low rates, and lend it back to you at higher rates. So financing is easy money for them, and they don't like to give that up.
02-16-11, 05:37 PM
#29
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Hang tight, the dealer may call you back in few days as well. New car buying is a waiting game over who wants what. The more desperate party usually gets the short end of the deal.
The fact that the car you want isn't on that dealer's lot does work against you though. Have you considered going through a broker?
The fact that the car you want isn't on that dealer's lot does work against you though. Have you considered going through a broker?
