Question:
I know that its a very braud question, but round about ideas are ok. I'm really working on buying this truck from this used car dealer guy, and I offered him 6k less then his asking price, and then we counter offered for about a half hour, then I stoped at 3500 less then he was asking and left. There are other trucks out there just like this one, but this one doesn't have a scratch on it, its nice! I'm just curious how much he can really take off and still make a profit on it. Any ideas??
Answers:
If I gave you a brand new car would you run somebody over for me?
You never said what the original asking price was. If the original price was $10,000 than 3,500 is a LOT!. If the original price was $30,000 than 3,500 isn't as much. We have to know what the original price was. Generally they can come down about 15% or so before they get pissy.Where can i get a car at an aution in CA?
It really depends on what they paid for the vehicle at auction and how easily they feel they can sell the truck.What is the step by step of buying a car?
If it has been sitting only a short time they are more likely to hold out. If it is overpriced and has sat in the lot for a couple of months they may come around.
How long should I wait before I lower the selling price of my car?
Bottom line- they want to make as much profit as possible.
How do I get out of this bad car deal?
You can find the price the dealer paid by looking up the wholesale price on KBB.com. Then add about $500-$1,000 for the minimum selling price for pre-sale prep work.What is a good, mid-sized SUV that I can buy new for around $15,000?
To give you an idea, at an asking price of $24,900 (given that they bought it for $21,000 and did some reconditioning to present it for resale), the dealer would accept a minimum purchase price of $22,000.XeA
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