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If you'd like
to obtain rock bottom prices on a new car, avoid all the sales
pressure at the dealership, then you have come to the right
place. The information you will receive in this guide will most
likely surprise you...
In these car buying articles you will learn one of the dealers
most coveted secrets...
True Dealer Cost (And No, it is NOT the invoice price!)
First, The Problem:
Dealer prices are full of hidden profits that are often times
not passed on to the customer. Even dealer invoice prices are
often thousands of dollars above actual cost...
... Everywhere you go on the Internet, you read about "How to
buy at $500 or $1000 over dealer invoice" - usually you have to
pay for this information - This is bad advice.
Car Buying Reasons NOT to buy at or near dealer invoice:
Reason one: Dealer invoices have up to two to three
percent holdback that is usually reserved for fleet customers.
The general public is not aware of this inflation.
Reason two: The manufacturer also offers rebates and
delivery allowances in the range of a few hundred to thousands
of dollars that is supposed to come off the price - Again easily
stolen by a dishonest dealer.
Combining the hidden holdback with many rebates offered by the
manufacturer, there can often times be a difference of $2000 or
$3000 between the invoice price and actual dealer cost. If you
purchase a vehicle at invoice prices - with a $3000 difference -
the dealer makes $3000 on the vehicle. Many dealers will easily
settle for a $1500 to $2500 profit. If they do, and you purchase
the vehicle correctly, you will be well below dealer invoice!
Your awareness of these hidden car buying savings combined with
using the right online "car pricing services" can put this money
into your pocket - not theirs. Car pricing services offer free
price quotes from there vast network of trained dealers.
Here is a list of car buying qualities you need to know to get a
good car pricing service should have:
-
Good online
pricing services are free of charge.
-
Good online
pricing services bypass the salesman completely - You don't
have to worry about scams, selling systems or annoying phone
calls.
-
They provide
you with dealer invoice prices and incentives ahead of time -
You can easily figure out the true dealer cost of a vehicle by
using the formula below - Knowledge is power.
With the cost
of a vehicle you know where you stand. You can then figure out
what a dealer is making on your sale. Dealers using online
pricing services know you have this information and provide
quotes accordingly - usually in the fleet pricing area. (They
won't gouge you on the price!)
Article from:
Car Buying Strategies website
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Car Buying:
How to
Leverage Pricing Services to Save Money |
Smart car buying teaches you to leverage this system in
order to maximize your savings, you need to get as many quotes from
competing online pricing services as possible. Dealers will compete for
your business based on price and not sales pressure. The best pricing
services deal with fleet managers or Internet managers. They don't make
money on overall profit but on sales volume, and they are happy to offer
you the lowest price to get your business.
Leveraging online car buying pricing services offers the best car buying
situation possible for the consumer who hates car shopping. Fill out a few
forms and in minutes you are on your way to savings that would take the
best negotiators weeks of hard work to achieve. But you have to be careful
- not all car buying pricing services are the same. Some let salespeople
try to pressure you to visit the dealership without giving you a quote
upfront. If you want to avoid this get prices from
InvoiceDealers,
Autobytel,
Stoneage and CarsDirect.
These services use trained dealers that are used to dealing with an
informed Internet public. These sources all offer excellence customer
service and low prices!
These Car buying Tips offer the following benefits:
- One: You pay absolutely nothing for the
service! It's Free.
- Two: Deal with a Fleet or Internet manager
- no pressured sales.
- Three: Offer all information necessary to
make an informed decision: Invoice prices, rebates and incentives, a
break down of options and their cost. (Needed to calculate true dealer
cost)
- Four: Offer quick turnaround time. You
will often receive quotes the first day - sometimes in less than an
hour!
- Five: When it's time to take delivery you
simply pay and drive off in the car you want at the price you want -
they won't switch you to another vehicle at a higher price.
Many similar services on the Internet charge up to
three hundred dollars for this car buying service and promise you invoice
pricing. You know that the invoice price has hold back and rebates that
need to come off. Paying for invoice pricing is like paying a fee to get
ripped off.
Side Note: Actually, there are hundreds of car buying price quote
services but 99% of them simply sell your information to the highest
bidder. (Many to multiple sources!)
InvoiceDealers,
Autobytel,
Stoneage and CarsDirect
will protect your privacy - and offer good hassle-free shopping. |
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Article from: Car Buying Strategies website |
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Car Buying:
How to get
started - Determine True Dealer Cost... |
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The first thing you have to do is visit InvoiceDealers,
Autobytel,
Stoneage and CarsDirect
and fill in your car buying information, the car you want and the
equipment. As you are doing so you will receive the MSRP and Dealer
Invoice prices for the car and chosen options. You will also receive the
current rebate that you are entitled to. Copy this information down. When
you are finished completing the quote process you will be able to figure
out dealer cost using the following formula:
Here is an example of applying this smart car buying
tip:
To keep it simple the destination charge and options are left out...
Invoice price: $20,000
Holdback: $700
Rebate: $3000
Note that the prices above do not reflect a real vehicle - they are simply
examples to help illustrate the formula.
$20,000 - $700 = $19,300 dealer cost. If you buy this vehicle for $19,300,
you just made a purchase at dealer cost ($700 below invoice). The dealer
made $3,000 because they kept the rebate as profit.
Many dealers are willing to make much less profit than $3000. If the
vehicle is in high supply with a good rebate you may do much better than
the example above. Get price quotes from InvoiceDealers, Autobytel,
Stoneage and CarsDirect.
Wait for your price quotes and see who is the lowest. You will know how
much they are making on the car and have a great price - usually below
invoice.
Why this works...
- Dealers in these networks know that you will be getting competing quotes
- they have to compete based on price.
- Dealers also know that you are an informed Internet shopper and you are
armed with this information - they will price a vehicle accordingly.
- Perhaps the most important item is the rebate. If a rebate is $2000 and
you buy a vehicle for $100 below invoice, the dealer still makes good
money and you received a great price.
Give it a try! Try these car buying tips and let us know how you made out.
We have been getting great feedback from people using this car buying
service and would love to here from you. Again the services that offer the
best prices: InvoiceDealers,
Autobytel,
Stoneage and CarsDirect.
NOTE: Please note that in some cases you are only entitled to rebates if
you do not choose the advertised low financing percentage from the
manufacturer. In other words you can't have both. Again this varies with
the vehicle, time of year and location. Getting quotes from
InvoiceDealers,
Autobytel,
Stoneage and CarsDirect. will provide you with
the necessary information regarding rebates. |
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Article from: Car Buying Strategies website |
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