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Old 03-05-2011, 06:37 PM
 
Location: Townsend, Massachusetts
252 posts, read 463,377 times
Reputation: 88

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When you all buy a new car how much do you usually get off of the sticker price. I know it depends on the type of car. Whether it is in demand or not. But I am looking for a general number. I am looking at a Honda CR-V EX model with a MSRP of $26025? I look at Edmund's and they say i should pay $24,500. That is ridiculous because I already had one down to $23,298
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Old 03-05-2011, 06:51 PM
 
Location: US Empire, Pac NW
5,012 posts, read 6,452,428 times
Reputation: 4125
I usually cut a deal with them and say I want 10% off (or go down to the Blue Book value) and then give them ~$1-2k in options. They gotta eat too.

For a luxury car it's a little different but in the price range you're talking, it's more mid-range.
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Old 03-05-2011, 08:58 PM
 
Location: Anchorage, Alaska
204 posts, read 670,205 times
Reputation: 251
Try CarBuyingTips.com new car buying guide, avoiding dealer scams, new cars, used car buying for advice on your question. It breaks it all down in basic terms to ensure you get the most bang for your buck.
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Old 03-05-2011, 09:22 PM
 
9,407 posts, read 11,593,530 times
Reputation: 9326
Quote:
Originally Posted by brrrinmass View Post
When you all buy a new car how much do you usually get off of the sticker price. I know it depends on the type of car. Whether it is in demand or not. But I am looking for a general number. I am looking at a Honda CR-V EX model with a MSRP of $26025? I look at Edmund's and they say i should pay $24,500. That is ridiculous because I already had one down to $23,298
There are no general rules.

A few years ago, a co-worker wanted me to help him hind a "steal" on a Honda Odyssey in Chicagoland. Of course, that was the "hot" car of the year. I told him that there was no way that a dealer would offer much of a deal on the car as they were in short supply. He called EIGHT dealers and all were within $200. The guy went into each dealership and tried to grind them but was generally ignored.

A few months passed. The guy walks in and says that he bought a vehicle ... a Chevrolet Impala. He got it for a $1000 under sticker - at a time when $3500 was closer to the norm.

How bad does the dealer want to get rid of the car.
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Old 03-06-2011, 03:49 PM
 
Location: Eastern NC
12,866 posts, read 8,298,492 times
Reputation: 10293
Almost 3k off a crv is excellent. Just remember, it all depends on where you live. In my area, you would be lucky to get $1500 off one.
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Old 03-06-2011, 04:00 PM
 
Location: Planet Eaarth
8,958 posts, read 8,388,035 times
Reputation: 7193
Never worry that a dealer will go broke in a car deal since all dealers get what's called a "dealer hold back" that the factory pays them when they sell a car. What a dealer gets between the hold back and list is pure gravy so bargain hard.

And don't fall that that old "invoice" price 'cause it doesn't count the hold back either. The only price that counts is the dealer factory cost and that isn't available to the public.

There are some dealers today that offer flat pricing so check them out in comparison to other dealers. Often flat pricing is the best price you will find.

I hate car buying ,and do it a little as I can, since you never know if you paid a fair price or got skinned.
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Old 03-06-2011, 06:23 PM
Status: "For President 2016" (set 13 days ago)
 
Location: In my house
3,281 posts, read 4,918,519 times
Reputation: 1321
Ugh...I'm going through this crap right now. What a royal pain in the butt, and sooooo stressful.
I don't trust any of these dealerships, especially because I used to be in the business and know the crap they pull.
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Old 03-06-2011, 06:40 PM
 
Location: East of Seattle, originally from SF Bay Area
14,537 posts, read 17,620,178 times
Reputation: 10005
I was able to get $9,000 and $5,000 off of my last two car purchases, but neither was a CRV. A friend recently bought a CRV and tried every trick in the book, ended up walking out but the dealer wouldn't budge off of the sticker price. They just don't have to, because those are so hot here. Tried the same at two othwers with same result, so finally went ahead and paid full price.
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Old 03-06-2011, 06:52 PM
 
Location: Purgatory (A.K.A. Dallas, Texas)
5,010 posts, read 7,993,533 times
Reputation: 2267
You got $9,000 and $5,000 off because of rebates and incentives on whatever models you were purchasing. Those change.
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Old 03-06-2011, 07:29 PM
 
42,616 posts, read 46,420,892 times
Reputation: 13356
Quote:
Originally Posted by Tightwad View Post
Never worry that a dealer will go broke in a car deal since all dealers get what's called a "dealer hold back" that the factory pays them when they sell a car. What a dealer gets between the hold back and list is pure gravy so bargain hard.

And don't fall that that old "invoice" price 'cause it doesn't count the hold back either. The only price that counts is the dealer factory cost and that isn't available to the public.

There are some dealers today that offer flat pricing so check them out in comparison to other dealers. Often flat pricing is the best price you will find.

I hate car buying ,and do it a little as I can, since you never know if you paid a fair price or got skinned.
Actaully no one you deal with will know the dealer holdback as its called that is paid at the end of years directly to the dealer ownership. But the invoice does not reflect the incentive dealers get to sell those cars.You might want to visit edmonds 'com where you can get invoice 'MSRP for options and what people are paying in your area for the same model. Remeber tho options can increase what you will pay from others. Normally the lower the MSRP the less they will cut and even time of eyar avaries as to dealer incentives.
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