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The rise of stealerships
01 September 2022, 03:27 PM
wtgThe rise of stealerships
quote:
Inside the rise of 'stealerships' and the shady economics of car buying
https://www.npr.org/sections/m...nomics-of-car-buying
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When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier
01 September 2022, 04:13 PM
ShiroKuroUgh. We want to get a new car, but this is exactly the reason we're waiting.
When we do start shopping, I think we will definitely say that we're not trading in our car, for starters...
And I'm going to have to learn how to be hard-assed haggler. Which is not at all in my nature.
01 September 2022, 04:36 PM
CHASI come from a long line of hagglers. Was taught haggling methods as a child.
I think my sister was the best haggler of the three children.
I shop online for a while. Then i decide to keep the truck and buy the gas.
Then the cycle repeats.
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Several people have eaten my cooking and survived.
01 September 2022, 05:16 PM
jon-nycI choose make model and options I want, contact 4-5 dealers and ask for internet sales department. Invariably 1-2 will jack me around and try to get me to come in. I stop dealing with those.
The others I give them the specs and ask for their best ‘out the door’ price. I stipulate no trade and no financing (two places they do their mischief). I also let the. Know I’m buying lowest bid, not shopping it around, so they are incentivized to come in as low as they can.
I’ve done well with this method.
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If you think looting is bad wait until I tell you about civil forfeiture.
01 September 2022, 07:11 PM
ShiroKuroquote:
I choose make model and options I want, contact 4-5 dealers and ask for internet sales department. Invariably 1-2 will jack me around and try to get me to come in. I stop dealing with those.
The others I give them the specs and ask for their best ‘out the door’ price. I stipulate no trade and no financing (two places they do their mischief). I also let the. Know I’m buying lowest bid, not shopping it around, so they are incentivized to come in as low as they can.
This might be a method I can actually do. Thanks!
01 September 2022, 07:56 PM
CHASquote:
Originally posted by jon-nyc:
I choose make model and options I want, contact 4-5 dealers and ask for internet sales department. Invariably 1-2 will jack me around and try to get me to come in. I stop dealing with those.
The others I give them the specs and ask for their best ‘out the door’ price. I stipulate no trade and no financing (two places they do their mischief). I also let the. Know I’m buying lowest bid, not shopping it around, so they are incentivized to come in as low as they can.
I’ve done well with this method.
Great way to work it. Thanks
Will do this when they get some stock.
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Several people have eaten my cooking and survived.
01 September 2022, 08:13 PM
MikhailohI do similar. Determine what car and model I want, then visit dealers with the offer of I will write you a check for X dollars out the door. No license fees, no add insurance, no plus taxes or fees. They then have only two answers - yes or no. If it’s anything else we walk. But my offer is always fair.
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"A mob is a place where people go to get away from their conscience" Atticus Finch
01 September 2022, 08:30 PM
jon-nycTell them you want an email response. Don’t let them tell you to come in for the price. That’s when they start their ****.
Also look at the quote carefully to make sure it’s an “out the door” price.
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If you think looting is bad wait until I tell you about civil forfeiture.
01 September 2022, 08:50 PM
Piano*DadI have bought cars from the same dealership for 12 years now. The current general manager is the guy who was a straight arrow in selling me my first car from that dealership in 2009. It was actually a car for European delivery. We tend to return to them, and get honest deals. Rare, I know.
01 September 2022, 11:56 PM
pianojugglerIn 1992 I bought a Saturn. It was a good car. Not a luxury car, but a decent basic car. But the experience was outstanding. Walked in, drove a car, looked at the price list, told them what model and color I wanted, and that was it.
I’ve had more emotionally challenging experiences buying vegetables.
I owned it for 11 years. First, last, and only new car I’ve ever owned. I would buy another brand new 1992 Saturn for $8195 (even adjusted for inflation) in a heartbeat.
GM killed Saturn because their customer satisfaction was so high that they were making every other GM division look bad, especially Cadillac.
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pj, citizen-poster, unless specifically noted otherwise.
mod-in-training.
pj@ermosworld∙com
All types of erorrs fixed while you wait.
02 September 2022, 12:42 PM
Piano*Dadquote:
I’ve had more emotionally challenging experiences buying vegetables.
02 September 2022, 02:22 PM
RealPlayerWonder if any of that article applies to piano dealerships. I have been thinking about trading in my concert grand for a smaller one.
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“It's hard to win an argument with a smart person. It's damn near impossible to win an argument with a stupid person." -- Bill Murray
02 September 2022, 07:49 PM
DanielIt used to be simple. You found the invoice price. You found out if the car sold for invoice. If not, it sold for invoice + x. You found the value of x. You went to the dealer and said take it or leave it.
I bought my Subaru this way.
I negotiated a deal for my grandfather when he bought a Honda this way. I figured out the price we would pay for our Audi down to the dollar
On a tangent, if I could, I'd buy a new Honda Civic, an Audi A4 S, and a Ford F150.
Edited to add-- I agree with Mik. The key is to force the dealership to say yes or no and to be willing to walk.
02 September 2022, 07:53 PM
ShiroKuroquote:
Wonder if any of that article applies to piano dealerships.
Without a doubt.