7.5k off MSRP can be kinda subjective. 7.5k off MSRP on a 100k car is not the same as off a 35k car. What was it relative to the dealer invoice? That's the real

7.5k off MSRP can be kinda subjective. 7.5k off MSRP on a 100k car is not the same as off a 35k car. What was it relative to the dealer invoice? That's the real metric. Sorry, programmer. Also, my brother-in-law bought a RAV4 in a cold weather state recently and did the whole "I will only pay invoice!" thing. They were like, "Yes sir!. Sign this this this. Bye". It's hard to know what kickbacks the dealers are getting over invoice so the dealer may still be making a good 5% over invoice (and on volume this is really good). Don't get me wrong, you did the right thing. I got hard core scammed when I bought my first new car and now only buy used. Fell in love with a car from a magazine at 22, walked into a dealer and bought a dealer car (essentially a used car) at near full price with their financing (something crazy like 22%). I'm not against negotiation. Just buy used and negotiate. Dealerships are evil. https://help.edmunds.com/hc/en-us/articles/206102377-Invoice-Price-or-Dealer-Cost- https://help.edmunds.com/hc/en-us/articles/206102377-Invoice... Edit: deleted a hanging sentence Edit2: Tip #2: join a credit union. When I finally read the 22% rate (on a 35k car, in 1992) I called my bank. They gave me a 6% quote and said "don't do anything. we'll take care of this". I got so many angry calls from the dealership claiming my credit will be ruined, they will repossess the car, I'm a scumbag, etc. None of those are true. You have a few days in California to transfer a loan if you fuck up (thanks Cali).