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Old 04-22-2020, 04:20 PM
 
723 posts, read 1,005,704 times
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Looking at buying a 12 year-old Subaru Forester off a Ford dealer in a mountain region where Subarus are popular. They took this car obviously in a trade-in it is 12 years old and has 63,000 miles. What do you think they have in it? How low will they go? They are asking $6,995.00 which is directly in-line with the Car Gurus live pricing on the app. In my area it's only a great deal if you can buy a car for about 2,000 less than that CarGurus price. I feel like I can be pretty aggressive right now on any offer, please advise. My guess is they paid $1,000 for it, maybe $2,000? Can I ask to see that paperwork? Need all advice

Last edited by SailCT; 04-22-2020 at 04:21 PM.. Reason: typo
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Old 04-22-2020, 06:29 PM
 
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Look up trade in value and they should be within a 1k to 1.5k less than that.
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Old 04-22-2020, 08:11 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,004,431 times
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Mannheim mmr (which every dealer uses) is 3125 for fwd, 4400 for awd.
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Old 04-22-2020, 08:13 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,004,431 times
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Quote:
Originally Posted by SailCT View Post
Looking at buying a 12 year-old Subaru Forester off a Ford dealer in a mountain region where Subarus are popular. They took this car obviously in a trade-in it is 12 years old and has 63,000 miles. What do you think they have in it? How low will they go? They are asking $6,995.00 which is directly in-line with the Car Gurus live pricing on the app. In my area it's only a great deal if you can buy a car for about 2,000 less than that CarGurus price. I feel like I can be pretty aggressive right now on any offer, please advise. My guess is they paid $1,000 for it, maybe $2,000? Can I ask to see that paperwork? Need all advice
Why would they show you the paperwork on what they paid for it? I doubt you’re buying this car for $5,000. They will sell it online. They can get 5500 - 6000 easy on EBay for it.
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Old 04-23-2020, 05:49 AM
 
8,272 posts, read 10,998,238 times
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Originally Posted by airics View Post
Why would they show you the paperwork on what they paid for it? I doubt you’re buying this car for $5,000. They will sell it online. They can get 5500 - 6000 easy on EBay for it.
Exactly.

I once found a used car I was interested in at a new car dealer. I offered the salesman $1,000 over what they gave as a trade-in value to the previous owner. He told me to go fly a kite.
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Old 04-23-2020, 06:12 AM
 
17,326 posts, read 22,073,418 times
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Quote:
Originally Posted by SailCT View Post
Looking at buying a 12 year-old Subaru Forester off a Ford dealer in a mountain region where Subarus are popular. They took this car obviously in a trade-in it is 12 years old and has 63,000 miles. What do you think they have in it? How low will they go? They are asking $6,995.00 which is directly in-line with the Car Gurus live pricing on the app. In my area it's only a great deal if you can buy a car for about 2,000 less than that CarGurus price. I feel like I can be pretty aggressive right now on any offer, please advise. My guess is they paid $1,000 for it, maybe $2,000? Can I ask to see that paperwork? Need all advice
Your "guess" is irrelevant.......Can the dealer ask you to show them your bank account balance? Hey Sail, bring in your acct balance and we will base the car price on how much money you have.

If they got the car for free, they will still attempt to sell it for top dollar. You likely will lose the "get aggressive with any offer"...........since they don't have huge money in the car they likely won't care. But I'd suspect if you wanted a new F150 with the $60,000 MSRP they reeeaaalllllly want to unload that right about now. They are paying to floorplan all those new Fords. new Fords that will become leftovers in just a few short months. My local Ford store is a chain of 6 Ford dealerships, they still have 393 new 2019's on top of 2306 new 2020s. So on their lot the 12 year old Subaru is literally invisible on the balance sheet.
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Old 04-23-2020, 06:15 AM
 
8,272 posts, read 10,998,238 times
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Quote:
Originally Posted by City Guy997S View Post
Your "guess" is irrelevant.......Can the dealer ask you to show them your bank account balance? Hey Sail, bring in your acct balance and we will base the car price on how much money you have. .
Yep. I had one retailer do just that. As I was paying cash. They wanted proof that I had the cash. Or they would not talk to me anymore.
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Old 04-23-2020, 06:30 AM
 
Location: MN
6,564 posts, read 7,145,772 times
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Quote:
Originally Posted by unit731 View Post
Yep. I had one retailer do just that. As I was paying cash. They wanted proof that I had the cash. Or they would not talk to me anymore.
Should have brought it all in ones, then it would take them time and people to count it.
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Old 04-23-2020, 07:18 AM
 
17,326 posts, read 22,073,418 times
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Originally Posted by unit731 View Post
Yep. I had one retailer do just that. As I was paying cash. They wanted proof that I had the cash. Or they would not talk to me anymore.
Money on the hood, makes the deal good!
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Old 04-23-2020, 08:34 AM
 
8,272 posts, read 10,998,238 times
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Quote:
Originally Posted by wamer27 View Post
Should have brought it all in ones, then it would take them time and people to count it.
Well . . . this retailer wanted to see my monthly back statement to continue onward. I did not go back.
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