Quote:
Originally Posted by Dayze
I'm with hometeam on this.
Used cars, I always just get a very rough idea of NADA and KBB AND (most importantly) market prices. Then, depending on if there is a large positive variance between the value books and market, it's up to me to determine if I'm wiling to pay market . But unless one is buying a hot commodity car, market and NADA etc 'typically' are in the same wheel house IMO. The last 4 vehicles I've bought have been super painless - can't imagine needing a buyers agent. Hell, when I bought my wifes Beetle, I did everything over email - granted it was a new car so the value is easier to establish. I think I paid 4% over COST (invoice less hold back and any FTD incentives), and they replied back in 10 minutes, done deal. They make some money, and i get fair price. A little research on the part of the buyer and the buyers agent is moot. and 'research', meaning once we knew what car, color.options etc we wanted, spending a few hours browsing online
I'm not spending hours haggling over $500 on a $20k car. To me, buying a car is a breeze these days. To me, it would seem, the market is hyper competitive for dealers / business. I would think they make more money turning cars at a reasonable return, rather than jacking up rates and hoping for some big score/sucker to over pay. just my gut feeling...no evidence to support that theory lol.
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Yep thats pretty much it.
In fact, dealers would love to go to a no haggle system, where they actually make money on every car, sort of like every other product in the world.
Consumers wont let them. No matter what, every jagoff has to get X amount off of the price. I have people contact me halfway across the country on vehicles (this tells you im the cheapest price in a thousand miles) and still offer me 60% of list price... ARE YOU ****ING HIGH?
Anyways, **** the professional buyer shit and just ask me for help~