How to get best discount from a dealer
Discussion
ive never bought from a dealer but im thinking of something that the dealer has taken in px. I don't have a px to offer. id be looking to get about 10% off the car its up for about 15k at the moment its only been up for about a week
what's the best way to improve my haggle dance - ive seen some of the following raised on previous threads
1. buy it through their finance package and settle finance. do I incur early settlement charges? id want to settle the finance asap
2. wave him my debit card (better for them the merchant service charge is nil compared to cc)
3. wave him my credit card (better for me I get points and some protection)
4. offer to take it without their gtee ie sold as seen (not sure they do that?!)
anything else?
what's the best way to improve my haggle dance - ive seen some of the following raised on previous threads
1. buy it through their finance package and settle finance. do I incur early settlement charges? id want to settle the finance asap
2. wave him my debit card (better for them the merchant service charge is nil compared to cc)
3. wave him my credit card (better for me I get points and some protection)
4. offer to take it without their gtee ie sold as seen (not sure they do that?!)
anything else?
If you want to buy a car for £13500 why are you going to look at one that costs £15000? Unless there is something very wrong with the car that you can haggle over then I guess getting a £1500 discount is not going to happen.
Anyway, they would obviously rather you took their finance then paid by bank funds or credit card.
Anyway, they would obviously rather you took their finance then paid by bank funds or credit card.
How come people are so anti-haggling all of a sudden? There's no harm in going down there and having a word with the dealer. The worst that can happen is they'll laugh in your face and tell you you're dreaming.
I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
IanCress said:
How come people are so anti-haggling all of a sudden? There's no harm in going down there and having a word with the dealer. The worst that can happen is they'll laugh in your face and tell you you're dreaming.
I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
I'm not one who's adverse to doing a bit of haggling, but it sounded like the OP was thinking 10% is perfectly achievable.I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
The fact he's looking at the car in particular, and knows it's been for sale for over a week would show he has a good interest in it, so there is likely to be others in the same boat.
As the car has only been for sale for a week, even if the dealer has a good margin across it, why would they blow all of that straight away?
Just saying he needs to set a much more achievable goal.
IanCress said:
How come people are so anti-haggling all of a sudden? There's no harm in going down there and having a word with the dealer. The worst that can happen is they'll laugh in your face and tell you you're dreaming.
I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
+1.I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
People haggle over cars and houses. Car dealers must rub their hands together when Snolly turn up.
Brilliant advice for the OP, well done.best discounts are to be had at the end of the month usually, especially if the salesperson has a target to hit.
if not, then start of the month (dealer writes down all used stock each month by a depreciation percentage, so the stand-in value will be lower).
as above though, you won't get a good discount if its only just come into stock. something they've had for 60+ days though they'd take your arm off for the right offer.
leave it to christmas - if its still there when the weather is cold and nasty make a cheeky bid on christmas eve - they'll be desparate to sell
if not, then start of the month (dealer writes down all used stock each month by a depreciation percentage, so the stand-in value will be lower).
as above though, you won't get a good discount if its only just come into stock. something they've had for 60+ days though they'd take your arm off for the right offer.
leave it to christmas - if its still there when the weather is cold and nasty make a cheeky bid on christmas eve - they'll be desparate to sell
sandman77 said:
If you want to buy a car for £13500 why are you going to look at one that costs £15000? Unless there is something very wrong with the car that you can haggle over then I guess getting a £1500 discount is not going to happen.
Anyway, they would obviously rather you took their finance then paid by bank funds or credit card.
you've assumed that 15k is a fair price haven't youAnyway, they would obviously rather you took their finance then paid by bank funds or credit card.
IanCress said:
How come people are so anti-haggling all of a sudden? There's no harm in going down there and having a word with the dealer. The worst that can happen is they'll laugh in your face and tell you you're dreaming.
I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
this is what im thinking too...I think 10% is within the realms of possibilty but as with any used car, you don't know how much money the dealer has tied up in the car.
rob.e said:
best discounts are to be had at the end of the month usually, especially if the salesperson has a target to hit.
if not, then start of the month (dealer writes down all used stock each month by a depreciation percentage, so the stand-in value will be lower).
as above though, you won't get a good discount if its only just come into stock. something they've had for 60+ days though they'd take your arm off for the right offer.
leave it to christmas - if its still there when the weather is cold and nasty make a cheeky bid on christmas eve - they'll be desparate to sell
I wasn't sure if it was end of each month or end of each quarterif not, then start of the month (dealer writes down all used stock each month by a depreciation percentage, so the stand-in value will be lower).
as above though, you won't get a good discount if its only just come into stock. something they've had for 60+ days though they'd take your arm off for the right offer.
leave it to christmas - if its still there when the weather is cold and nasty make a cheeky bid on christmas eve - they'll be desparate to sell
I know the fact its been up for just a few days is against me but im not sure if I can play a long game as they don't come up very often and production volumes for this particular variant are v low... the last one that came up privately went within hours...
so bottom line is pay up right but does taking finance mean ill get hit with early settlement fees which may offset any reduction of the ticket price?
So many variables here. My own experience I went to BMW a couple of days before Xmas. Had a view to a 1 or 3 series and was very open about knowing the right car when I found it. There Xmas sale consisted of knocking a couple of hundred off the 3ers and not a lot else.
Parked in the corner was a 1 series couple. 2008, 120d, 29k on the clock. They'd knocked 750 off it and by the end of negotiations I'd got them to take another 750 off. It paid to be open on model as they clearly struggled to shift it. Lord knows why, it was optioned up like nothing else but being a 1 couple I suppose it was not viable for most people.
If you have your eye on one car, one model, you're gonna struggle to get 10% off especially if it is new to market. As others have said, rethink your situation, maybe set your sights a bit lower? Could be a long wait otherwise.
Friendly advice and all that :-)
Parked in the corner was a 1 series couple. 2008, 120d, 29k on the clock. They'd knocked 750 off it and by the end of negotiations I'd got them to take another 750 off. It paid to be open on model as they clearly struggled to shift it. Lord knows why, it was optioned up like nothing else but being a 1 couple I suppose it was not viable for most people.
If you have your eye on one car, one model, you're gonna struggle to get 10% off especially if it is new to market. As others have said, rethink your situation, maybe set your sights a bit lower? Could be a long wait otherwise.
Friendly advice and all that :-)
RC1 said:
sandman77 said:
If you want to buy a car for £13500 why are you going to look at one that costs £15000? Unless there is something very wrong with the car that you can haggle over then I guess getting a £1500 discount is not going to happen.
you've assumed that 15k is a fair price haven't youRC1 said:
I know the fact its been up for just a few days is against me but im not sure if I can play a long game as they don't come up very often and production volumes for this particular variant are v low... the last one that came up privately went within hours...
I think from what you have written above; and assuming it is correctly priced, then you have no chance getting any kind of discount.Gassing Station | General Gassing | Top of Page | What's New | My Stuff