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I'm car shopping now but it's the worst time to get one. My wife's car is dying so we have no choice. My friend who's family runs a dealership says that just
by theonething 4y ago
I'm car shopping now but it's the worst time to get one. My wife's car is dying so we have no choice.
My friend who's family runs a dealership says that just getting MSRP is good right now. In my negotiations I got MSRP plus the stupid dealer installed "options" which apparently are mandatory now. They were asking $34,000 out the door total price and I got them to knock off $2000.
Did I get a good deal? Who knows? I need a car and I'm getting it.
- stevehawk 4y ago"Good" is such a relative term right now. It's really more of a "You didn't get screwed." Everyone is paying dealer options unless they're buying one of the few cars that isn't selling. Same with MSRP if not MSRP + Dealership Owner's Next Vacation markup.
- jacquesm 4y agoI found buying new cars is an excellent waste of money. Young cars repossessed or returned early from a lease are good value, as are cars that are about 5 years old with a hair over 100K miles on them. That psychological 100K is enough to knock a good bit off the value.
- theonething 4y agoThis will be the first time in my life getting a new car. I usually go for used, but in this market, one or two year old cars are not much cheaper than new ones. So new it is. I have to admit, I'm looking forward to the new gadgets like automatic lane centering.