This post is going to be completely out of character for me. It has nothing to do with my observations on life, or how much people can irritate me (or I them) but it is a chance to sit at the feet of Bluesdad and learn :-) Class, this is a fool proof way of getting the best deal on buying a car. I developed it about ten years ago and have successfully bought (or helped buy) at least 6 autos using this method, always getting thousands off the advertised price.
If you're one of those people who love to have your sales person go back and forth with your offer to 'their manager" in the other room, then this is not for you. On the other hand, if you feel like you want to be in control of the situation, you should give this method a try. This system works whether you are buying used or new from a dealer. Here are the basic steps:
1. Visit dealers with the purpose of finding at least 2 or 3 cars that you would be happy to have from different dealerships. You CANNOT get so emotionally attached to any of the cars that you can't walk away from it. The cars don't need to be the same make or model. While visiting the lot, let the sales person lead you around and give you their card. You need a contact person for later.
2. Tell them that you plan on buying a car today, but will need to look at all three cars and get prices before you decide. They will not want to let you leave, but be strong. Let them know how this plan works. Feel free to fully disclose my method to them. They will not like it, but tell them this is the method you use to buy cars.
3. After you have chosen 2 or 3 cars you would be happy with and have a contact person at each lot, call the salesperson back or even go back to the lot. Follow this script when talking to them:
"I buy cars differently than most people. I don't do any of the back and forth games. I have looked at three cars today. Each of them I would be happy to have."
"You have ONE CHANCE to give me your best price. I don't want to talk about incentives or rebates, I just want a number on a piece of paper." (it is best if you don't have a trade in, that muddies the water a little and they will let you think they're giving you a good deal on your trade-in when their really jacking up the price on the car you're buying) "After hearing all the prices, I will either accept or reject your price, but there will be NO more negotiations.
"If I reject your offer, I would not expect you to go check again because you already told me it was your best. Accordingly, I will not try to negotiate your stated price. If I accept your offer, I will purchase the car today."
4. At this point, the salesmen will try to say things like, we don't do it that way. At which time you should say, "well, that's how I buy cars, so if you want my business, that's the way you'll do it". And if they refuse to do it this way, leave. You don't have to pay more just to do business with them.
5. You must keep your end of the agreement, by not trying to negotiate further.
6. When all the dealers give you their rock bottom price, you can choose which car and price you like best and purchase the car.
Just in the last three years, I have used this method on two cars in my family. One was new and I walked out with an SUV for 25% under the listed price. The other was a slightly used compact car that we bought for so far under the original asking price (and even what I was willing to pay) , that even I couldn't believe it.
The basic theory behind the method is as long as the dealership has you make offers, they are in control, but if you can get them to make the offer, you have the control.
Try it if you dare. After you've done it once, you'll find it's really quite invigorating.
Now, I realize the chances of your buying a car right now are slim, so send this blog to everyone you know, I want to turn the auto buying experience upside down!
Now class, do you have any questions? Bueller? Bueller?
Random Observations on Life
Over time, owners do resemble their dogs!
This is a blog about a dog. Well not really. This is the more about the ramblings of the dog's dutiful owner, Blue's Dad. Although Blue might be the backdrop of this whole experiment, there's no telling where this trail will lead me. I apologize ahead of time for the randomness of my observations. I've always tended to color outside the lines.
Saturday, November 22, 2008
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5 comments:
I love it. Why hasn't anyone thought of this before? I'm not in the market now, but when I am I will definately give your method a shot. Thanks for the lesson.
It worked GREAT when you helped me buy my corolla. We ended up paying 1500 dollars less than we even thought we could get it down to! its flawless!!!
Wow. I am impressed. Really, super impressed.
I'm showing this to my husband. In another year or so we'll be in the market for a van that doesn't need thousands of dollars in repairs!
We like this method, and are going to tuck it away for future use:)
For now we've been testing it out on the cashier with a bag of marshmallows. It's not going so well.
With two teenage drivers and a third up and coming we have a used car looming in our future. Must remember this method!
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