The Ford place has a 2011 Ranger XLT I would like to have. The
sticker price is 25K. The last car I bought was a 2011 Honda Civic
last year when they first came out and I was able to get 2k off its
21K list price.
Ford is giving a 4.5k rebate on the new (but a year old 2011) truck
with a sticker price of 25k. Should I expect to try to get the best
offer on the truck and then get the rebate or is the rebate usually
the best offer?
I think you're nuts to buy any new vehicle unless it's like buying
lunch... or you can't get a loan for used. That's a different story.
New vehicles are for saps. You can get a lot more used rig for less
money. I like Ford but I'd bet they're still installing that POS
clunky signal/flasher mechanism in my '96.
Not true for most trucks. When I bought mine (ten years ago), the difference
between a new truck and a 1-yr old with 20K, was $1K. $6K bought a
six-year-old with 90K, and a rebuilt title.
I'm not even sure it's true for cars anymore, either. With the recession,
used car prices have gone through the roof.
On Aug 10, 11:50 pm, " firstname.lastname@example.org"
That only suggests you didn't know shit about buying vehicles, 10
years ago, and it doesn't look like you've enjoyed much improvement.
I only grew up in the car business and worked in it as an adult for 6
years. I've sold and bought thousands of vehicles, and made great
money, obviously I couldn't know the first thing about vehicle sales.
I know the news tried to sell that story, don't believe everything you
Just because you know what used to be doesn't mean you know how things
Agree, but you can easily verify it for yourself. I have been looking
for a vehicle and everything I found over the past year was $1000 ~
$1,500 less for a one year old same version with 20,000 or more miles.
Family member and at least 4 good friends recently bought new for this
So much depends on location and brand. In SFBA, used Hondas are more
valuble than used Beemers and Mercedes and hold their value MUCH
longer. Where I now live (CO) Hondas are red headed stepchilds.
Jeeps and Fords rule and 4x4 depreciate painfully slow. Buicks, OTOH,
drop like a rock, despite being in the top 5 fave brands. No across
the board rules.
I called a buddy of mine still working at a dealer. I didn't get him
but talked to his secretary. She said factory dealers jacked up used
prices to move new cars (re: economy stimulus/jobs) but they weren't
paying any more for trade-ins or at the auctions.
So... I'm wrong, but still right (figgers). You can get used car
savings if you don't fall for the ruse.
Thinking you might not have looked at the used vehicle market in some
time. Used to be as you described because you could buy a used vehicle
for a lot less a year later.
Now if a new vehicle is say $25k you will find 1 year old versions of
that vehicle with 20,000 miles are $23,500.
New and old, there is not much difference in price between two. \
New one has few incentives specially with cash in hand.
Saving ~2K over the life of vehicle ownership was not worth it for me.
I bought new probably last one in my life time. Acura MDX.
Best in-depth advice I ever got about buying vehicles came from a book
written by a former car salesman, titled Don't Get Taken Every Time.
There's a similar website called Beat the Car Salesman.
Basically a detailed overview of the buying process, including how to
do your research, how to negotiate and close the deal (including how
to know what's a fair price for the vehicle and when to walk away, if
necessary). If you go in with an understanding of the dealer's costs,
as well as market demand for that particular make and model, you have
a good idea of what's a fair price for the vehicle, and can negotiate
accordingly. It also never hurts to ask what else they can do to
motivate you to buy that vehicle from _them_ - maybe throw in free oil
changes, or putting on a hitch for free, or whatever else you and they
may be willing to work out. And this needn't be an ordeal. Keep it
civil and they probably will, too.
I walked from one dealership when shopping for my last car. I went in
knowing dealer cost and fair market value for the car. The salesman
quoted me MSRP. I told him that I was serious about buying, so we'd
have to negotiate the price. He arrogantly informed me they didn't
negotiate. I mildly asked if he was, you know, actually interested in
*selling* cars, and he repeated that they didn't have to negotiate. I
shrugged and drove to the rival dealership where they were happy to
negotiate. When the dealer's counter offer came down to $100 less than
what I was actually prepared to pay, I closed the deal. I saved
thousands, the dealer moved the car, and we were both satisfied.
This works for buying boats and other spendy items, too. My sister and
brother-in-law saved thousands on their latest boat just by politely
explaining that they were seriously interested, but they needed to see
some downward movement on its price. The dealer moved, so they began
asking for free accessories, too. They got almost everything they
asked for without hassle, just by politely asking the dealer what he
could do to close the deal.
Does anyone know (or do any of these buying guides ever say) if when
negotiating for a new vehicle, if an offer to outright buy the vehicle
(check, bank draft, credit-card, etc) is seen by the dealership as more
(or less) desirable vs the typical way most people buy cars (long term
payment plan). ?
I mean, if you have the means (and inclination) to fork over the full
purchase price for a new vehicle, does that work in your favor when
negotiating the price, or would the dealer (or his financing company)
rather bleed you for $300 - $700 a month for 5 years?
I negotiated to have my purchase go through 100% on my credit card when
I bought my '2000 Chrysler 300m back in the fall of 1999. After I
signed the deal, they came back and said that they can't do it because
they didn't anticipate the Visa transaction cost of putting such a large
purchase through. I balked and said they signed the deal, but
eventually settled and met them half way on the transaction cost. I got
a shit-load of frequent-flyer miles because of that purchase.
I bought my last 2 cars on Visa. Both were used but from a new car
dealer. The first time they said max $3000, so I started to walk, they
went to half and then to the full price. The second car they agreed to
Visa right away. You're right about the load of miles, we call then
points up here in Canada. Sure there are Visa transaction costs for them
but it is just part of the dickering. All the things they bring up may
be legit but the final cost to me is all that matters. I think they made
good money on both deals.
A couple of days ago I went with my Dad to look at new cars and we said
it would go on Visa and they both agreed but we didn't get to the nitty
gritty. It seems to be more comonplace now.
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