Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Given that there is only $1700 of mark-up in the car...
I don't know.... I got over $4000 off of MSRP on a mid-level sentra, which is considerably cheaper. I don't see why it's not possible on a car like this.
I don't know.... I got over $4000 off of MSRP on a mid-level sentra, which is considerably cheaper. I don't see why it's not possible on a car like this.
You got $4000 off because of manufacturer rebates, not because of mark-up. A Sentra only has a $1000 or so.
You got $4000 off because of manufacturer rebates, not because of mark-up. A Sentra only has a $1000 or so.
Manufacturer rebates totaled $1750... the dealer was responsible for the rest of that (possibly some kickbacks from Nissan). Point is that one should not use the "invoice" as a gauge for the markup of a vehicle since it is generally an arbitrary number.
Manufacturer rebates totaled $1750... the dealer was responsible for the rest of that (possibly some kickbacks from Nissan). Point is that one should not use the "invoice" as a gauge for the markup of a vehicle since it is generally an arbitrary number.
Mark-up is the amount between invoice and MSRP.
There is nothing arbitrary about it.
$1750 direct to consumer, $1000 (maybe $1500, depending on model) in mark-up, and probably $750 or $1000 in dealer cash.
No small car like a Sentra has $4000 to play with in terms of mark-up without dealer cash / rebates.
mustangs don't have a mark up over MSRP they 2010 has been out for a while and it is just refreshed from the 05-09 and there are tons of those the challenger is overpriced and overweight and they are produced in limited numbers the challenger will be a collecters car.
$1750 direct to consumer, $1000 (maybe $1500, depending on model) in mark-up, and probably $750 or $1000 in dealer cash.
No small car like a Sentra has $4000 to play with in terms of mark-up without dealer cash / rebates.
I'm saying that the markup is arbitrary in the sense that that is not what the dealer paid for the car. The actual cost to the dealer is hundreds or thousands cheaper depending on the model, and that should be the zone that people should be trying to negotiate a price in. I've seen it as a general rule of thumb to aim for 3%-5% below invoice price for the final price paid before TTL.
What you said in regards to the rebates, dealer cash, etc. is right on the money (literally) since that is pretty much how the numbers worked out ($750 dealer cash, $1750 rebate, the rest is in the "markup" margin). A person at a competing dealership told me that such a price would yield the dealership a $192 net profit on the car.
That sounds about right, but it depends on the car as well.
There is nothing special about a Sentra, it's purely a volume car.
If the Camaro is hot in your area like it is here, then there is probably no negotiation. There's no point. They are still going sticker price here.
You have to look at it in terms of what you are buying as well.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
