18 Sep 05
As I am new to this site I thought I would take the time to tell you a little bit about myself. I am 27 years old single I have been playing chess for about 20 years or so.
I work long long hours at Toyota of Nashua in Nashua New Hampshire as a car salesmen. I thought that as a salesmen and as a new member to this site I would offer my services to those of you who are in the market for a new or used car. My services not only as a salesmen but also telling you exactly what is going on in the mind of the sales person when they are trying to close a deal. I will be more than happy to answer any and all questions that I can and hopefully help make you better prepared to go into a dealership. Hopefully this will be of some use to you and will save everyone some money...please feel free to ask
Tom
18 Sep 05
Originally posted by tommybearDo you get the people who kick the wheels of the car (for some reason they think they can tell how good the car is from this), my mate's a car salesman and love them suckers.
As I am new to this site I thought I would take the time to tell you a little bit about myself. I am 27 years old single I have been playing chess for about 20 years or so.
I work long long hours at Toyota of Nashua in Nashua New Hampshire as a car salesmen. I thought that as a salesmen and as a new member to this site I would offer my services to thos ...[text shortened]... will be of some use to you and will save everyone some money...please feel free to ask
Tom
18 Sep 05
Originally posted by leestaticBelieve it or not people who come on the lot whom are called tire kickers...and people who say "we're just looking" are the people who buy cars most often
Do you get the people who kick the wheels of the car (for some reason they think they can tell how good the car is from this), my mate's a car salesman and love them suckers.
Tom
18 Sep 05
Originally posted by tommybearHi Tom,
As I am new to this site I thought I would take the time to tell you a little bit about myself. I am 27 years old single I have been playing chess for about 20 years or so.
I work long long hours at Toyota of Nashua in Nashua New Hampshire as a car salesmen. I thought that as a salesmen and as a new member to this site I would offer my services to thos ...[text shortened]... will be of some use to you and will save everyone some money...please feel free to ask
Tom
What would the average percentage be that you can niggle off the price of a car? I presume you don't want to go too low? But what percentage off the price is right to start with?
If a salesman is selling a car for say 5.000 euros (roughly the same in $'s), how much profit is he actually going to make?
Can you give us some tips on haggling?
Thanks,
Mark
PS: Is niggle a real word? I'm not entirely sure...
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18 Sep 05
1 edit
Originally posted by tommybearI just bought my daughter a 98 Jeep Grand CherokeeLimited V8 with leather seats, 99,000 miles. AC and power options all seem to work great, as does the heater, which wasnt much fun to test in mid August....I paid 6200, they were asking 7....did I get beat up too bad?...Car looks really clean, with the exception of the wheels that need to be refinished
As I am new to this site I thought I would take the time to tell you a little bit about myself. I am 27 years old single I have been playing chess for about 20 years or so.
I work long long hours at Toyota of Nashua in Nashua New Hampshire as a car salesmen. I thought that as a salesmen and as a new member to this site I would offer my services to thos ...[text shortened]... will be of some use to you and will save everyone some money...please feel free to ask
Tom
18 Sep 05
Originally posted by Bobla45Usually the way it goes is....If they want $10,000 for a car, if you haggle enough and work hard at it... you'll have them up to 12,000 before you buy.
I just bought my daughter a 98 Jeep Grand Cherokee V8 with leather seats, 99,000 miles. AC and power options all seem to work great, as does the heater, which wasnt much fun to test in mid August....I paid 6200, they were asking 7....did I get beat up too bad?...Car looks really clean, with the exception of the wheels that need to be refinished
18 Sep 05
Originally posted by tommybearHi Tom -
As I am new to this site I thought I would take the time to tell you a little bit about myself. I am 27 years old single I have been playing chess for about 20 years or so.
I work long long hours at Toyota of Nashua in Nashua New Hampshire as a car salesmen. I thought that as a salesmen and as a new member to this site I would offer my services to thos ...[text shortened]... will be of some use to you and will save everyone some money...please feel free to ask
Tom
I have a used mini van that's basicly a typical mini van ( 1992 plymouth grand voyager . The tranny's been replaced ) . It's been sitting around for a while , and I should sell it just to get it out of my driveway but haven't figured out the best way to approach selling it . It has a CV that needs replacing , and a bad relay chip that intermittantly causes it to quit . Should I sell it as is , (making full disclosure as to the problems and knock down the sales price to reflect the needed repairs) or fix it first . I am not one to try to stick someone with a problem , and believe that any problems should be disclosed to a buyer .
Second , what's a reasonable price for it ? The bodies in good shape , and it has about 120K miles on it . I want to get rid of it , but not give it away , so what's a fair price ?
18 Sep 05
Originally posted by leestaticyeah they are called tyre kickers.... we get them when they pick up hire cars from us they walk round the cars and kick all the tyres... it ticks me off
Do you get the people who kick the wheels of the car (for some reason they think they can tell how good the car is from this), my mate's a car salesman and love them suckers.
18 Sep 05
Originally posted by MesmirisThat is a very good question. Yes there is a way to win as a consumer. Remember as a consumer you are in control...you are in charge. Without you there can be no sale...believe it or not the dealer will not let you walk away over $100 dollars. So if you think you can get a better deal you can. What is the best time to buy a car...at the end of the month would be the answer. which mnth you ask well any month. However if you really want a steel on a new car wait until the next model year comes out...then the dealer will increse rebates and discounts in order to make room for the new inventory. Also when you go into a dealership the salesmen will try and get you excited about the car by going on a test drive with you. Ask to go by yourself. Most buyers are payment shoppers...they are looking for a specific payment. dealers use this to there advantage. by ask you how much you want to pay per month they are making themselves money so if they can put you in a $10000 vehicle for 300 per month rather than a 18000 vehicle at 300 per month they will. So my advice is stay away from monthly payment as long as possible. work the price of the car first try and get them down to their lowest price on the vehicle aka invoice before talking about monthly payment. In order to get an idea of what your trade is worth go to www.galves.com this is the only company that will guarantee the price they put on your car...that is to say they will buy it for that price if noone else will. This is the price guide the majority of dealers use. do not worry about you trade until after you work down the price of the car. After you have accomplished invoice or as close as possible then and only then tell them that you hav a trade. this will allow you to work the dealership from both ends...at the end of it all take their absolute best offer offer them 500-800 less and say if they can do that you will take it. if they say no then get up and walk away...I hope this helps...please feel free to ask any more questions
So I was wondering, is there any way to win as a consumer? What are the best times of the year to buy? How do you get a good value for your trade and a good price on the new car and a decent interest rate at the same time?
Tom
18 Sep 05
Originally posted by shavixmirThis problem is encountered alot. Simply go into the dealership and be upfront with them tell them you are invoice shoppers. After that pick out your vehicle after you decide you like it and you are getting into negotiation simply ask the salesman to see the invoice for that vehicle. If he goes and gets it tell if you will pay invoice right now...they will say no but stand firm...if they do not get the invoice or say they dont have just tell them that if they can show you invoice and sel you the car at invoice you will buy today. If they still dont show it to you walk away because another dealer will sell you the car you want for the price you want to pay...I hope this answers your question...please feel free to ask any more question I will be happy to help
Hi Tom,
What would the average percentage be that you can niggle off the price of a car? I presume you don't want to go too low? But what percentage off the price is right to start with?
If a salesman is selling a car for say 5.000 euros (roughly the same in $'s), how much profit is he actually going to make?
Can you give us some tips on haggling?
Thanks,
Mark
PS: Is niggle a real word? I'm not entirely sure...
Tom
18 Sep 05
1 edit
Originally posted by Bobla45If the car was marked 7000 and you paid 6200 I am sorry to say you probably paid too much for it. The average mark up on a used vehicle is rougly 3000-4000 dollars. So the dealer more than likely bought that car for about 3000-3500 you bought it for 6200 allowing the dealership to make around 2200-3200 off of you. That being said dont feel to bad most people pay too much for used cars. My advice for the future is shop the car lots when they are closed...pick out a vehicle that you like and then write down miles vin number and asking price then go on Kelly blue book to see what they say the cars trade in value is this will be the lowest car appraisal out there. then work them backward if you see 7000 on the sticker and Kelly blue book says it is worth 6500 or 7000 buy the car it is a steal. Remember the average mark up on a used car is about 3500 dollars so offer him 4000 next time and see where it gets you...I hope this helps please feel free to ask any more questions you may have. The biggest thing to remember is if you think you got a good deal...you got a good deal. Because a good deal is a state of mind
I just bought my daughter a 98 Jeep Grand CherokeeLimited V8 with leather seats, 99,000 miles. AC and power options all seem to work great, as does the heater, which wasnt much fun to test in mid August....I paid 6200, they were asking 7....did I get beat up too bad?...Car looks really clean, with the exception of the wheels that need to be refinished
Tom
18 Sep 05
Originally posted by Moldy CrowThe only fair price is the one you deem is fair. With that being said typically a dealer will tell you that after a car has over 100000 miles it is a wholesale piece this is the biggest way they steal your trade from you with little to no money...they trick you into thinking your trade is worthless. This is not true. As I have said before go to galves.com this will give you an idea of what the car is worth or what you should be able to get for it...remember if noone else will buy it for that listed price galves will. Also remember by law the only information you are required to disclose to the dealer is wheater or not it is a salvaged title. That is to say wheater the vehicle has ever been declared totaled and if the title has a brand on it. Every thing else is your business. If the cars trans is faulty let the dealer find tat out if the exahaust is shot that is your business. Stand firm with what you think your cars is worth and dont take no for an answer...I hope this helps...feel free to ask any questions you may still have.
Hi Tom -
I have a used mini van that's basicly a typical mini van ( 1992 plymouth grand voyager . The tranny's been replaced ) . It's been sitting around for a while , and I should sell it just to get it out of my driveway but haven't figured out the best way to approach selling it . It has a CV that needs replacing , and a bad relay chip that inte ...[text shortened]... ut 120K miles on it . I want to get rid of it , but not give it away , so what's a fair price ?
Tom
18 Sep 05
Originally posted by tommybearThis is excellent advice and it may save me my RHP subscription 100 times over.
That is a very good question. Yes there is a way to win as a consumer. Remember as a consumer you are in control...you are in charge. Without you there can be no sale...believe it or not the dealer will not let you walk away over $100 dollars. So if you think you can get a better deal you can. What is the best time to buy a car...at the end of the month w ...[text shortened]... n get up and walk away...I hope this helps...please feel free to ask any more questions
Tom
Thanks
Mes