"Trading in" is where you get whacked.....if you negotiate a straight cash deal they will almost allways drop the price.
But then, of course, you have to sell your old vehicle somehow.
"Administration fee" and 'dealer prep' fee are amongst the two biggest dealer paperwork ripoffs...
Many of the car salesmen you run into, it seems, are previously convicted-felon ex-carnival geeks.....
Nice comment... what do you do for a living....???
I have been in the auto business for over 33 years..... I am in the corporate end, leasing to companies. I am sure glad I don't do very much retail because to be honest, retail customers are all usuaully clueless, whiners and too full of themselves!!! Especially comments like above.
"Trade ins is where you get whacked"..... so let me get this right.... you want to buy wholesale, but expect retail pricing for the junker you want to get rid off?? Hmmmmm...... next question.
I am a member of several different forums and have helped people all over the place get vehicles. Do I have money helping? Nope, but if you have the attitude like some of the posters here, you are well deserved to get screwed.
When you purchase a vehicle, the laws are set up (in BC) that the licenced dealer (doesn't mean just the new car dealers) must quote you the full price (negociated price) including all fee, plus tax. in other words if you agree to $10,000.00, that is what you pay, plus tax. The dealer cannot add on fees on top of that price.
Many comments like "o" pecent financing work very well for people, but like anything else, works for some, not others. New car dealers are like any other business.... you are selling a manufacturers product and if you hit certain levels, bonuses do kick in. Tell me a business that doesn't work this way!!??
Like any business, build a relationship with your sales rep...... I have many clients that I deal with and now are looking after their kids and grandkids!
I like dealing with outdoors types.... I usually become casual friends with most of my clients. I don't deal with people who are arrogant, pushy or know it alls......I don't have the time to spend with them!
Pricing? Yup, there always is a better deal out there, same if you are looking for a guide or a construction company, someone will always under cut them ...... does that make it better??
Profit? Yup, my company makes a profit, they need to pay me and pay me well! I hope that the negative people on here make a good income too, but from the posts, many of these negative people aren't happy with life. Talking of profit, what do you think is fair for a dealer to make off a $20,000 - $80,000.00 sale? Please keep in mind if you know anything about the business you work for or own what your profit % is ....... and how often do your customers come back to purchase another new (insert what you sell)?
There are a ton of commissioned businesses around, from the food industry to heavy equipment ..... I have walked out of several places due to lack of service. All businesses are alike, some shine because of their people, other die due to their lack of knowledge and people skills.
We are the same as any other business except people expect more when they buy a vehicle! I am licensed from BC to Quebecs border, I do all makes leasing and have dealt with 100's of dealers. Some have been excellent, some have failed.......
Next time you want to knock a dealer, let us all know what YOU do for a living and lets talk stories of that industry!!!
Thanks for your time
Mike...... one of the many honest, hard working "used car salesman"!
