Yet another Question
Well said V10...!! I couldn't have put it in a better way.
This thread to some people may give an impression that I have something against the car salesmen, thats not the case. I get to keep my job because of cars being sold. As I said earlier I am associated with the auto industry also (indirectly)
I have nothing against salesmen making their commisions, its just that like every body else I would like to do everything possible to get the best deal.
Some people call that cheap (come on now...you should know better)
Strange how people call somebody chepo and take a civilized thread to exactly the opposite of that.
Peace everybody, well all mustang fans love our sales people
I will still keep looking for a great deal on my 05.
This thread to some people may give an impression that I have something against the car salesmen, thats not the case. I get to keep my job because of cars being sold. As I said earlier I am associated with the auto industry also (indirectly)
I have nothing against salesmen making their commisions, its just that like every body else I would like to do everything possible to get the best deal.
Some people call that cheap (come on now...you should know better)
Strange how people call somebody chepo and take a civilized thread to exactly the opposite of that.
Peace everybody, well all mustang fans love our sales people
I will still keep looking for a great deal on my 05.
V10,
As I have said before, there are bad dealers. But your statements continue to prove my point. I can only deduce from your statements and attitude that you grind the dealer as low as possible when buying a car. Well, you then receive the service you have paid for. None.
And the service is going to get worse.
The Edmund's story was very interesting. It is one persons perception and experience. Yes, there are shady establishments in all industries.
You may be surprised to learn that independent surveys performed by J.D. Powers find that approximately 87% of new vehicle buyers were completely satisfied with their experience and treatment when buying a car. Good dealers and sale staff, and there are many, provide a meaningfully, enjoyable, satisfying experience to 8.5 out of 10 people buying a car. But, YOU get what you pay for.
As I have said before, there are bad dealers. But your statements continue to prove my point. I can only deduce from your statements and attitude that you grind the dealer as low as possible when buying a car. Well, you then receive the service you have paid for. None.
And the service is going to get worse.
The Edmund's story was very interesting. It is one persons perception and experience. Yes, there are shady establishments in all industries.
You may be surprised to learn that independent surveys performed by J.D. Powers find that approximately 87% of new vehicle buyers were completely satisfied with their experience and treatment when buying a car. Good dealers and sale staff, and there are many, provide a meaningfully, enjoyable, satisfying experience to 8.5 out of 10 people buying a car. But, YOU get what you pay for.
I have nothing against salesmen making their commisions,
its just that like every body else I would like to do everything possible to get the best deal.
Some people call that cheap (come on now...you should know better)
Strange how people call somebody chepo and take a civilized thread to exactly the opposite of that.
On a closing note:
If I was buying a car and my salesperson was someone like BEK355 or KevinB, I would not hesitate to pay MSRP, or slightly below that. I would not even think about spending their time (when they could be making another sale) asking for invoice or below invoice. To tell you the truth, that is pretty cheap. If you are worried about a few hundred bucks on a 25 thousand dollar car, you should not even be looking at a new car. If that is a problem to support someone who has made the order, explained stuff to you, walked you through the process, the least you can do is let them end the day with some money.
On my second closing note:
There is a reason there is something called MSRP. That is the price in which the manufacturer states that a car should be sold to a consumer. This number makes it so the dealers make money, the salespeople make money, and you walk out with a fair price. That is how it should be. There is a reason they have that price on the car.
Check out www.carbuyingtips.com It's got some really good info.
Originally posted by BEK355@September 12, 2004, 6:21 PM
One of the things I have learned from reading this forum and the 20 years I have been in the car business, is that the car business is very complicated and that many people have misconceptions about it. It is both interesting and frustrating. It is extremely competitive and difficult for both retailers and consumers.
To be clear, there are many well run dealerships that make a good profit and are able to support it's owners, employees, and communities. However, because there are to many dealers of some makes, and it has become some sort of social pride and requirement to pay as little for a car as possible, there are many dealers that just barely get by. I do believe in the economics of capitalism and that bad businesses should fail, but many hard working, good dealers and their employees are being unfairly punished by the auto buying phenomenon.
What other product do we buy where we know the supposed cost and try so hard to purchase for that cost? What other business is told how much money they can and can't make? What if everyone came into your business and demanded to see your invoice and then demanded you sell your product for that invoice price, or less? What if I went to the movies, had the employees there wait on me hand and foot, had the manager personally bring me popcorn and sodas, watched part of the movie to see if I liked it, and then refused to pay because I could get the same movie at Blockbuster for less? I think we should only pay $1 to see the movie. How much does the movie roll cost when you get it from the distributor. I only want to pay my portion of that. Not anything toward your rent, employee costs, taxes, insurance, utilities, etc. etc.
As I have said before, if many people continue to insist on trying to pay invoice or close to it, many dealers will close and the once that remain will only be able to afford to employ low wage workers who will not be knowledgeable or helpful during the car buying experience, or after when you need service.
Like many have said, I hope all will find a good dealer and salesperson, pay a fair price, and enjoy car buying for years to come.
One of the things I have learned from reading this forum and the 20 years I have been in the car business, is that the car business is very complicated and that many people have misconceptions about it. It is both interesting and frustrating. It is extremely competitive and difficult for both retailers and consumers.
To be clear, there are many well run dealerships that make a good profit and are able to support it's owners, employees, and communities. However, because there are to many dealers of some makes, and it has become some sort of social pride and requirement to pay as little for a car as possible, there are many dealers that just barely get by. I do believe in the economics of capitalism and that bad businesses should fail, but many hard working, good dealers and their employees are being unfairly punished by the auto buying phenomenon.
What other product do we buy where we know the supposed cost and try so hard to purchase for that cost? What other business is told how much money they can and can't make? What if everyone came into your business and demanded to see your invoice and then demanded you sell your product for that invoice price, or less? What if I went to the movies, had the employees there wait on me hand and foot, had the manager personally bring me popcorn and sodas, watched part of the movie to see if I liked it, and then refused to pay because I could get the same movie at Blockbuster for less? I think we should only pay $1 to see the movie. How much does the movie roll cost when you get it from the distributor. I only want to pay my portion of that. Not anything toward your rent, employee costs, taxes, insurance, utilities, etc. etc.
As I have said before, if many people continue to insist on trying to pay invoice or close to it, many dealers will close and the once that remain will only be able to afford to employ low wage workers who will not be knowledgeable or helpful during the car buying experience, or after when you need service.
Like many have said, I hope all will find a good dealer and salesperson, pay a fair price, and enjoy car buying for years to come.
I'm willing to bet you can find a Blockbuster employee that will sell you a movie for invoice. I've seen it done. (I had nothing to do with it I swear
The actual reels are rented by the company, they still belong to the producers/distributors. The average wide release film reel costs $5000. The average limited release reel costs up to $25000. Rent, employee costs, taxes, insurance, utilities, etc. all come from concession sales. So when you buy a ticket and nothing from concession, you're paying only the distributor/producer, not the theatre or salespeople or anything.
Originally posted by BEK355@September 12, 2004, 9:19 PM
V10,
As I have said before, there are bad dealers. But your statements continue to prove my point. I can only deduce from your statements and attitude that you grind the dealer as low as possible when buying a car. Well, you then receive the service you have paid for. None.
. But, YOU get what you pay for.
V10,
As I have said before, there are bad dealers. But your statements continue to prove my point. I can only deduce from your statements and attitude that you grind the dealer as low as possible when buying a car. Well, you then receive the service you have paid for. None.
. But, YOU get what you pay for.
When I've purchased or leased a car, I have never beat the last cent out of the dealer. But I do not want to be taken to the cleaners either.
A friend of mine was a car salesman for a number of years. I learned how the system works from him. Let's just agree to disagree, Let's just say that you and Kevin are wonderful people who would NEVER take advantage of an unsuspecting customer. On the other hand, it seems like nearly every other dealer sales person would never pass up the opportunity for a fat commission check.
I don't think it is the job, so much as the people. Everyone is different. Sure there will be people that will take advantage of others, and there will be others that don't. Whether they are salesmen or of another profession.
I personally am paying $300 UNDER INVOICE. Got the deal from being a member of AAA. The salesmen was the Fleet & Internet Manager.
This thread is the perfect example about why car dealers and salesmen have a bad reputation. It is why I HATE going to a dealership to buy a car. If there is a dealer/salesmen willing to sell a car for $300 under invoice then why should I not buy from them? When you are buying a TV would you not shop aroung for a deal? The difference is when you are buying something that is not a car they have PRICES! I think it is ridiculous that you go to a car dealer and there is a "sticker/msrp" price that isn't really the price. Carmax has got the right idea. one price/no haggle. And their prices are USUALLY VERY good. Can't give you comparisons for 05 mustang yet, but an example for an 05 escape: No Haggle price is $25,868. Invoice is $27,121
Just my 2 cents.
This thread is the perfect example about why car dealers and salesmen have a bad reputation. It is why I HATE going to a dealership to buy a car. If there is a dealer/salesmen willing to sell a car for $300 under invoice then why should I not buy from them? When you are buying a TV would you not shop aroung for a deal? The difference is when you are buying something that is not a car they have PRICES! I think it is ridiculous that you go to a car dealer and there is a "sticker/msrp" price that isn't really the price. Carmax has got the right idea. one price/no haggle. And their prices are USUALLY VERY good. Can't give you comparisons for 05 mustang yet, but an example for an 05 escape: No Haggle price is $25,868. Invoice is $27,121
Just my 2 cents.
I work for carmax and the reason their prices are USUALLY very good is that the salesman dont make a % off each car, it's by unit, and at the most(extended service agreement included), they only make $250 off of a car. And that is the reason i haggle like i do, i do not think it's right for them to put just as much effort or even less in selling me a car and make $500+ off of it. I feel that they should make what I make.
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