Car buying on Long Island (Ovid: brokers, luxury, prices)
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We just bought an SUV, our first. It was not a lease. They added extra $$$ to the price and gave it some fancy name. The dealer threw in some silly thing about the tires as if this was going to make us feel as if we got some sort of "deal."
This was a replacement for a 28 year old Corolla that had essentially died. We put a lot of money into it and just didn't think it was worth it to pay for more repairs.
Yep that’s what they are doing now. They are charging “MSRP” then forcing you to buy 2-3k of tire insurance, ceramic coating etc. things that always used to be optional. Vehicle sales are starting to drop so they are trying to make up for it however they can
bought during summer, found a Toyota dealer willing to sell hybrid at MSRP- PA dealer. Waited bit over 1 month after deposit. Let me know if you want the info, also found a dealer upstate who was willing to do MSRP+1000 with no other add on.
bought during summer, found a Toyota dealer willing to sell hybrid at MSRP- PA dealer. Waited bit over 1 month after deposit. Let me know if you want the info, also found a dealer upstate who was willing to do MSRP+1000 with no other add on.
Upstate or PA are all OK with me, mind sharing the details? I'll give them a call to see what they have. I think Mazda's also have almost no mark up, Toyota and Nissan dealers have been the worst offenders.
Nissan has not even allowed the extension of a lease to pay down any more residual value on the car in case you wanted to buy it out
It really depends on the contract, if it has clause that Nissan gets the first dibs on the purchase at lease end, even if the leasee wanted to buy it, then Nissan can block it. I know at some point BMW did not allow resale to places like Carmax, and it had to be bought by the owner, or returned to BMW.
So Nissan might have sqeezed in a clause there that even if you wanted to buy it, you couldn't because they get 1st chance to buy it. I would never lease a vehicle like that unless MF & Residual was so great that my lease payments were next to nothing, but then again if residual was so great, I wouldn't really buy it anyway.
There are sweet spots with residuals when coupled by a good MF (and MF's were almost nothing for last 3-4 years), but now with interest going up, MF's are probably shooting up.
When you buy out of state do you still pay the NY taxes or the state you buy? I would find it unlikely that NY would let that income go to only have the car come back here.
We want to get a bmw x5 but the premium is over 10k right now .
So we will wait …my son has a car leasing business in Long Island and New Jersey and they also do new car sales and work with many dealers .
He would kill us if we bought at these levels
You are not negotiating properly. I just got an X7 for UNDER MSRP and that is a brand new refresh with huge demand. Can’t even find them on the dealer floors. Many dealers wanted msrp. I could have gotten msrp on the X5. Took some time to find the right dealers willing to negotiate. But MSRP for a BMW should be easy. Unless it’s an M50 then maybe there will be a premium.
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