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~~Foshizzl
They are asking $6000. I have done the kelly blue book value which the suggested retail price is 6700. and the edmunds true market value is 4700. I want to negotiate the price but not sure how to go about it and what to say and what is fair......Any help would be great!!
Answer
yeah the second answer will get you ripped off in a heart beat, people who walk into a dealership like that either walk out without a car or get jacked because they want to be tough guy negotiator. claiming that you know they paid alot less, news flash sometimes they didnt pay alot less, sometimes they just want that junker that someone traded in and demanded way to much money for to go away.
$4,700 is probably pretty fair for the car, having no idea what kind of car it is I cannot tell you what kind of price they should have or what they should have paid for it.
Judging by an asking price of $6,000 they should have about $3,000 to $3,500 in it. average overhead per car is probably around 400-600, again having no idea what type of dealer i cant really know this but thats about average, they will also pay the salesman, probably about $100. so they will probably make between $400-$900 which is fine, most dealers hope to walk away with $1,500 on a used car.
So that being said without knowing what the car is I cant really tell what you should pay but it you get it for $4,700 you have probably done well, just remember not to buy any of the way overpriced accesories and junk from the finance manager. and the dealer should not have a fee that isnt from the DMV or state that costs you more than $100.
yeah the second answer will get you ripped off in a heart beat, people who walk into a dealership like that either walk out without a car or get jacked because they want to be tough guy negotiator. claiming that you know they paid alot less, news flash sometimes they didnt pay alot less, sometimes they just want that junker that someone traded in and demanded way to much money for to go away.
$4,700 is probably pretty fair for the car, having no idea what kind of car it is I cannot tell you what kind of price they should have or what they should have paid for it.
Judging by an asking price of $6,000 they should have about $3,000 to $3,500 in it. average overhead per car is probably around 400-600, again having no idea what type of dealer i cant really know this but thats about average, they will also pay the salesman, probably about $100. so they will probably make between $400-$900 which is fine, most dealers hope to walk away with $1,500 on a used car.
So that being said without knowing what the car is I cant really tell what you should pay but it you get it for $4,700 you have probably done well, just remember not to buy any of the way overpriced accesories and junk from the finance manager. and the dealer should not have a fee that isnt from the DMV or state that costs you more than $100.
What is a good website to look at older used car values?
Everest
Trying to look at what my old cars are worth and cant find a good website for it. Some don't go back as old as I have and some want you to give information so dealers can contact you.
Answer
I use three sites pretty regularly and go back and forth cross checking to see whats up. You can try auto trader.com for 90s and newer, or autotrader classics.com for older cars, NADA www.nada.com has new, new used, classics, boats, motor homes tranvel trailers, motorcycles, there is a free consumer section that covers the bases well. Another place on the web is hemmings motor news. www.hemmings.com is an old time online car magazine with deep world wide roots to the car lovers world, there are thousands of links to almost anything car related. there is a want ad section , last months ads are free online, if you wish to view current ads, then you need to pay for the online subscription, or buy the hard copy and have it mailed to your home address. last but not least Edmunds.com is more geared towards new, or almost new cars, but there is a lot of information available. and if you are interested in learning how to go look for and how to inspect used cars, www.samarins.com is packed full of information on how to buy a used car, what to look for, repair histories on used cars and plenty of other links.
I use three sites pretty regularly and go back and forth cross checking to see whats up. You can try auto trader.com for 90s and newer, or autotrader classics.com for older cars, NADA www.nada.com has new, new used, classics, boats, motor homes tranvel trailers, motorcycles, there is a free consumer section that covers the bases well. Another place on the web is hemmings motor news. www.hemmings.com is an old time online car magazine with deep world wide roots to the car lovers world, there are thousands of links to almost anything car related. there is a want ad section , last months ads are free online, if you wish to view current ads, then you need to pay for the online subscription, or buy the hard copy and have it mailed to your home address. last but not least Edmunds.com is more geared towards new, or almost new cars, but there is a lot of information available. and if you are interested in learning how to go look for and how to inspect used cars, www.samarins.com is packed full of information on how to buy a used car, what to look for, repair histories on used cars and plenty of other links.
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