Need Advice on Dealing w/ Dealers
#1
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All,
In the Spring, I plan on getting myself a new 05 Mustang. (Still have to do a few test drives to finalize model, transmission, etc.). At the same time, my wife really likes the T-Bird. (Not to mention, seems kind of neat to get an 05 if that will be the last model year.)
I'd really like any thoughts or advise from anyone in the forum who has every gotten two cars from the same dealer at the same time.
I've been reading up on most of the tips posted when negotiating for one car, but I haven't seen anything on the kind deal you might be able to cut when buying two at once.
I want to be ready when we go out to Ford dealer and tell him we want to order two from the factory...
TIA for your input!
In the Spring, I plan on getting myself a new 05 Mustang. (Still have to do a few test drives to finalize model, transmission, etc.). At the same time, my wife really likes the T-Bird. (Not to mention, seems kind of neat to get an 05 if that will be the last model year.)
I'd really like any thoughts or advise from anyone in the forum who has every gotten two cars from the same dealer at the same time.
I've been reading up on most of the tips posted when negotiating for one car, but I haven't seen anything on the kind deal you might be able to cut when buying two at once.
I want to be ready when we go out to Ford dealer and tell him we want to order two from the factory...
TIA for your input!
#3
Originally posted by 05MustangSB@December 30, 2004, 1:45 PM
(Not to mention, seems kind of neat to get an 05 if that will be the last model year.)
:scratch: i'm confused... 05 isn't the last model year......
(Not to mention, seems kind of neat to get an 05 if that will be the last model year.)
:scratch: i'm confused... 05 isn't the last model year......
#5
Is the '05 T-Bird the 50th anniversary edition, or was it the '04? They have the most beautiful T-Bird here in Longview. Torch Red with White Hard Top......and the interior in Red/Black Leather (dual color seats). I think MSRP was in the neighborhood of $42,000......and it must be some kinda commemorative (besides 50th), because it has some signed documents from the factory on the special issue of this car.....
#6
Negotiate about the bird first! And don't settle for anything above 10% off MSRP. Keep insisting, your aim is at least 12% off. When the seller starts to mature mention you are also interested in a stang. Don't pay more than 4% off MRSP. If you are a really good negotioator, you should be able to get 10% off MSRP on the stang too! Well, it all depends on the demand on the stang at that time, but don't sell out too easy!
#7
1955 was the first year for Thunderbird, so 05 would be the Fiftieth Anniversary year.
As for two new car from the dealer, get 2 A or X-plans for the new vehicles, end of price concerns.
As for two new car from the dealer, get 2 A or X-plans for the new vehicles, end of price concerns.
#11
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Originally posted by EleanorsMine@December 30, 2004, 8:39 PM
I wouldn't recommend but I went in- said I WANT THIS PONY(many many times) and a month later drove it home.....
I wouldn't recommend but I went in- said I WANT THIS PONY(many many times) and a month later drove it home.....
#12
I had a similar situation, I bought my 04 Stang, and 04 Focus for my wife pretty much at the same. First, don't "fall in love" while you are in negotiation, (I know that's REALLY hard, especially with the 2 beauties you are planning on) go in with a clear head have a reasonable offer in mind, but always be willing to walk away. The salesmen want to sell to you, if you do not like what they are saying, go down the road... Also, don't let them dink around, I told my salesman if we cannot close the deal within 2hrs, I am not gong to buy. I think they try to wear you down, DO NOT LET THEM! I HATE when they run back and forth to the "manager" it's stupid, and disrespectful.
Be strong young grasshoppa!
Good luck, post pics!
Be strong young grasshoppa!
Good luck, post pics!
#13
AKA 1 BULLITT------------ Legacy TMS Member
I purchased a GT and a GT vert on the same day 3 years ago. I received the KBB (excellent condition) trade in value and paid $500 over invoice on each one along with $2,000 and $2,500 rebates. I did my homework on all related issues and once I felt prepared, I headed to dealer and made my no nonsense/don't wast my time offer.
You might like to consider dealing for the T-Bird now. In my area the '04 T-Birds are being advertised $8,700 off.
You might like to consider dealing for the T-Bird now. In my area the '04 T-Birds are being advertised $8,700 off.
#14
Originally posted by 426H@December 30, 2004, 3:04 PM
Negotiate about the bird first! And don't settle for anything above 10% off MSRP. Keep insisting, your aim is at least 12% off. When the seller starts to mature mention you are also interested in a stang. Don't pay more than 4% off MRSP. If you are a really good negotioator, you should be able to get 10% off MSRP on the stang too! Well, it all depends on the demand on the stang at that time, but don't sell out too easy!
Negotiate about the bird first! And don't settle for anything above 10% off MSRP. Keep insisting, your aim is at least 12% off. When the seller starts to mature mention you are also interested in a stang. Don't pay more than 4% off MRSP. If you are a really good negotioator, you should be able to get 10% off MSRP on the stang too! Well, it all depends on the demand on the stang at that time, but don't sell out too easy!
You tell him to get 10% off of MSRP on the stang. Lets run through these numbers to see how realistic this is.
A fully loaded Mustang GT is 29,490 at MSRP. No D&D or TTL. 10% of that is 2,949. Subtract that from the MSRP and you get a total of 26,541. The INVOICE cost of that same loaded GT is 27,485. So you are trying to tell this guy to insist on getting a new car for 944 BELOW factory invoice. The dealer would be taking a loss on the car EVEN when factorying in dealer holdback.
The difference isn't as rediculous, but still not viable with a GT with no options what so ever. That one would come in at *only* 354.50 below factory invoice.
Even a V6 with no options at 10% off is 355 below invoice.
Now lets look at the T-Bird with the same 10% off. I am not even going to look at 12%.
Stripped 05 T-Bird, MSRP 37,460, invoice 34,354. 10% takes it down to 33,714. That brings you to a good 640 below invoice.
Bottom line is I don't care how good someone may, or may not be at negotiating, you'll not see anyone getting 10% off of MSRP on either vehicle.
#15
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Stubbies,
Good point regarding absolute percentages when all car prices are relative - or visa versa.
So in your opinion, what would be good discounts - either off of MSRP or over invoice for these two cars - individually or together?
Good point regarding absolute percentages when all car prices are relative - or visa versa.
So in your opinion, what would be good discounts - either off of MSRP or over invoice for these two cars - individually or together?
#16
Originally posted by aponyfan@December 31, 2004, 9:55 PM
Stubbies,
Good point regarding absolute percentages when all car prices are relative - or visa versa.
So in your opinion, what would be good discounts - either off of MSRP or over invoice for these two cars - individually or together?
Stubbies,
Good point regarding absolute percentages when all car prices are relative - or visa versa.
So in your opinion, what would be good discounts - either off of MSRP or over invoice for these two cars - individually or together?
Now I am not as sure on the T-Bird, if they are having problems moving em, you may be able to score a smoking deal on those.
www.edmunds.com is your friend for MSRP and invoice pricing for allo new cars.
#17
The way I go about buying cars is to completely avoid the salesfloor.
Do your research on Edmunds.com as Chris just suggested, figure out what you think is a fair price based on that research for each vehicle. get pre-approval on your financing through your financial institution, email your local dealerships "Internet Dept" (this usually ends up being the fleet dept) And tell them exactly how you want your car's configured and what you will pay.
I've been purchasing cars this way for ten years now, and I've NEVER had anyone decline or even try to negotiate the deal higher when doing this.
Do your research on Edmunds.com as Chris just suggested, figure out what you think is a fair price based on that research for each vehicle. get pre-approval on your financing through your financial institution, email your local dealerships "Internet Dept" (this usually ends up being the fleet dept) And tell them exactly how you want your car's configured and what you will pay.
I've been purchasing cars this way for ten years now, and I've NEVER had anyone decline or even try to negotiate the deal higher when doing this.
#18
It might be worth your time to go in February. It is the shortest month (28 days) and has many bad weather days. If you go to the dealership at the end of the month, they will be willing to make deals in order to make their quota.
The other great deal advice is,
"know when to hold em'
know when to fold em'
know when to walk away
know when to run"
The other great deal advice is,
"know when to hold em'
know when to fold em'
know when to walk away
know when to run"
#19
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be careful on the t-bird purchase, when you are ready let me know. they have had anywhere from 3,000 to 6,000 in dealer cash (un disclosed to the public) on these over the last 12 months. that means at some points in the year paying invoice might be $6,000 to much.
#20
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Originally posted by Karpro@January 1, 2005, 4:29 PM
be careful on the t-bird purchase, when you are ready let me know. they have had anywhere from 3,000 to 6,000 in dealer cash (un disclosed to the public) on these over the last 12 months. that means at some points in the year paying invoice might be $6,000 to much.
be careful on the t-bird purchase, when you are ready let me know. they have had anywhere from 3,000 to 6,000 in dealer cash (un disclosed to the public) on these over the last 12 months. that means at some points in the year paying invoice might be $6,000 to much.