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Hmm I didnt know about the Costco thing, I'll have to try that next time.

This was a good topic to read as my wife and I are looking at purchasing an SUV. Still trying to decide new vs used though.

I hate buying cars. We're going to have to buy one some time this year. I am not looking forward to it.

When I bought a car last year, someone was on the phone with the dealership wanting the same car, and had already haggled them down to below the price I was hoping to get. Which made my timing REALLY good.

Don't buy their warranty. Every car already comes with one. If it's dud, you'll find out before the manufacturing warranty expires.

Originally Posted by perdition(troy This was a good topic to read as my wife and I are looking at purchasing an SUV. Still trying to decide new vs used though.

i was thinking about buying used also..but if im going to spend 15K plus on a used vehicle...then might as well spend another 5 or so to get a new one

trust me....we spend some sleepless nights talking about it

The single biggest factor in what discount, if any, you can get on a new car is the market you are shopping in. Does the dealer have a 10 day supply of autos or a 70 day supply? How many other dealers of that brand are in the area that they are competing with? If the dealer has tight supply they are far less likely to deal. Most dealers today have pretty tight supply, at least based on the car sales data being reported the past few months.

Also, there simply isn't a ton of markup on most cars under $35k, especially those that are light on high mark up features like navigation, leather packages etc.

Being a cash buyer doesn't pull the same weight as it used to. A lot of dealers make a large % of their actual profit on the deal through financing deals with various lenders so by taking that away you are limiting their profit potential.

There is nothing keeping you from exploring the finance option, possibly getting a better deal, and then just paying off the car when the first payment is due if you want to.

Originally Posted by BillyBob29 There is nothing keeping you from exploring the finance option, possibly getting a better deal, and then just paying off the car when the first payment is due if you want to.

this will be my first brand new car so this is a stupid question...ive thought about that...i didnt know i could do that....is that "legal"? meaning breaking the contract i signed?

i also thought about lying and saying i want to finance...and after we agree on a price...tell him i have cash...

Don't buy it new.

Originally Posted by aleraiders this will be my first brand new car so this is a stupid question...ive thought about that...i didnt know i could do that....is that "legal"? meaning breaking the contract i signed? i also thought about lying and saying i want to finance...and after we agree on a price...tell him i have cash...

Check the details. I'm not sure about car loans, but for example on a home loan you'll see some type of wording about no penalty for paying off the loan early.

If you can wait till about summer when the 2014 start to come out that will help on price a lot and if you cant just tell them 20 cash, title, doc, tax out the door and if they say no just walk away and they will call you when the truck does not move. Remember lots of areas people have no jobs still and you have cash they will be happy to see you. If you do wait take the down the vin of the car you want and keep an eye on it. most dealers need to get rid of cars if on the lot more then 30 days.

Good luck, car buying definitely sucks.

I did the dance last summer. I knew what I wanted (Hyundai Elantra Touring base model with the upgraded interior. ) I did all the research and knew exactly what I could be expected/should pay and they still make you play the game. I went to quite a few Hyundai dealers, and their approaches were different but in the end all the prices were pretty close once I showed them I knew exactly what I should be paying. I eventually decided to wait a bit longer to pay more in cash (and find a car that more closely fits my wants), but my sister DID buy the car I was looking at. And she went with the dealer who was less obnoxious about it, even though he was slightly higher in price than the cheapest guy. Who admittedly was EXTREMELY aggressive and obnoxious.

I'd also say don't walk out because the dealer's starting price is super high though. The guy who made the best offer actually also started out the highest. The BS Options (edge guards, pinstriping, etc.) were $1500 each at this dealer and there were 3 of them for a $4500 tack on. The first thing we said is axe all 3 of those, they are pointless and the dealer pays next to nothing for them anyway.

Go see Cal

Originally Posted by aleraiders this will be my first brand new car so this is a stupid question...ive thought about that...i didnt know i could do that....is that "legal"? meaning breaking the contract i signed? i also thought about lying and saying i want to finance...and after we agree on a price...tell him i have cash...

Don't say no to financing until you see the rate. Last year we got such a good rate it is only an extra $200 to finance part of it. You can pay a certain amount in cash and fiance the rest.

And the transmission went out on the car I was going to trade in. Guess that speeds up the decision that I didn't want to make on a new car. FML.

Originally Posted by perdition(troy And the transmission went out on the car I was going to trade in. Guess that speeds up the decision that I didn't want to make on a new car. FML.

Why didnt you buy it during president day weekend?

Probably going to buy a new 2013 Nissan Versa or Chevy Spark. Both have a MRSP of $11-$12. It's just going to be a commuter car for both of us, so we want something cheap with good gas mileage.


Will probably finance it through our credit union unless the dealership has an interest rate of like 0 or 1%.

Originally Posted by 62t Why didnt you buy it during president day weekend?

Was hoping the car would make it until the 14 models started coming out.

Wife wants a Subaru Forester, got stuck at a dealership all last night. By the time we left he pulled his whole act, we'll see what we can do blah blah blah. Told him max I would go is 25k, he said I'll talk to the manager. Goes away for his mandatory 5 minutes, comes back. Manager prints out the first place they start and the guy does the whole "are you serious? this is a real price?" bs, so I'm thinking this is the first time a dealer actually comes in at or under my price. He then hands me a paper with 25,900 on it. Smh. Invoice is $23,600 and MSRP is $24,800. Trying to decide if it is worth haggling or just walking away. True market value is 23600.

Originally Posted by perdition(troy Wife wants a Subaru Forester, got stuck at a dealership all last night. By the time we left he pulled his whole act, we'll see what we can do blah blah blah. Told him max I would go is 25k, he said I'll talk to the manager. Goes away for his mandatory 5 minutes, comes back. Manager prints out the first place they start and the guy does the whole "are you serious? this is a real price?" bs, so I'm thinking this is the first time a dealer actually comes in at or under my price. He then hands me a paper with 25,900 on it. Smh. Invoice is $23,600 and MSRP is $24,800. Trying to decide if it is worth haggling or just walking away. True market value is 23600.

let me know what you end up getting it for. Forrester seems to be more bang for the buck than the outback.

although part of me just is thinking of saying it and getting the lexus small suv.