I sell vehicles and I know what this guy is talking about. First of all, salesman are trying to make a living and support families like myself. Between the way business was done in the past and the expansion of the internet has led car dealerships to using cheap tricks because expects them to LOSE MONEY! To lose money means no business, no products for customers, no competition to help keep prices reasonable. Do me a favor ask yourself how much commission should a person make on a $20K-$30K car?
@xplat thnx for your comment: Even a private sale involves a salesperson (person selling the vehicle) same principle applies - negotiate for the best deal - Cheers k
Personally I'd always and try and get the finance separately - you might not be able to negotiate on every car but it's a great skill to practice and you'll never know unless you ask the question! btw if they won t negotiate at least you know that really is the best price!!
can you still get a deal if you are buying a car on payments. Can we still be able to talk the price down or is it only for people who buy a car with cash.
I own a small business, and do make thousands on a good day, I also sold new and used cars. The best is to do research on internet for the true cost of the invoice, then find out how much dealer cash is on the car you want. Find a volume dealership who is selling alot of cars. The more they sell, the bigger discount they can give the manufactures give money as bonus to those selling many of the autos. Find your own financing, don't use dealership finance. They will mark up the interest.
Pretty hard to save thousands on an $1800 car! But the principal is the same -ie get the best deal you can even if its a tank of petrol or $50 off for cash - only takes 10 secs to ask the question and worse thing that happens is they say no - then you at least know you're getting the best price available- good luck with the mustang cheers Kiaran!
@deemullins1 Yes. They are selling not because they want an iPad, but because they NEED the money. Hit him for $1500, and emphasize you have the "cash IN HAND". He'll start salivating and often fold.
i tried asking "what is the best price you can give me today?" and the saleslady laughed but didnt answer the question. I guess the Mazda 3 i was looking at was a hot car so negotiations were not leaning on my favor
There's no harm in letting the salesman know you like the car. Whether he knows you're dying to get it or thinks you're only mildly interested is irrelevant if you're willing to stay within certain bounds of the number you'd like to pay for the vehicle. Asking a salesperson what the best price is on the vehicle is similar to them asking you "whats the most you're willing to pay for this car?". lol, i do like the part about "get over it" regarding negotiating though.
I agree with him about doing your research on the vehicle you're interested in. On a new car, its easy, just go to edmunds, search the vehicle (make sure you equip it exactly as the dealer has it) and edmunds will give you the dealer invoice to the penny. When a customer asks "whats the very best deal you can do for me on this vehicle", the fact of the matter is the sales person doesn't know. He doesn't usually get that information handed to him, and for that reason by the way.....(cont..)
this is some of the best advise, highly condensed, phenomenally helpful. thanks
777hotboy 20 hours ago
I sell vehicles and I know what this guy is talking about. First of all, salesman are trying to make a living and support families like myself. Between the way business was done in the past and the expansion of the internet has led car dealerships to using cheap tricks because expects them to LOSE MONEY! To lose money means no business, no products for customers, no competition to help keep prices reasonable. Do me a favor ask yourself how much commission should a person make on a $20K-$30K car?
ajdauer82 2 months ago
@ajdauer82
Why must one even bother with a salesperson at all?
xplat 1 month ago
@xplat thnx for your comment: Even a private sale involves a salesperson (person selling the vehicle) same principle applies - negotiate for the best deal - Cheers k
krn61 1 month ago
This has been flagged as spam show
check carshen.com for dealer bottom line price and their feedbacks before you visit any dealership
carshen1000 2 months ago
Personally I'd always and try and get the finance separately - you might not be able to negotiate on every car but it's a great skill to practice and you'll never know unless you ask the question! btw if they won t negotiate at least you know that really is the best price!!
krn61 3 months ago
can you still get a deal if you are buying a car on payments. Can we still be able to talk the price down or is it only for people who buy a car with cash.
kappagreen71 3 months ago
I own a small business, and do make thousands on a good day, I also sold new and used cars. The best is to do research on internet for the true cost of the invoice, then find out how much dealer cash is on the car you want. Find a volume dealership who is selling alot of cars. The more they sell, the bigger discount they can give the manufactures give money as bonus to those selling many of the autos. Find your own financing, don't use dealership finance. They will mark up the interest.
bohemianh 3 months ago
Great video!!!! ;o)
johnu78 3 months ago
Pretty hard to save thousands on an $1800 car! But the principal is the same -ie get the best deal you can even if its a tank of petrol or $50 off for cash - only takes 10 secs to ask the question and worse thing that happens is they say no - then you at least know you're getting the best price available- good luck with the mustang cheers Kiaran!
krn61 4 months ago
Ok, question, Im looking at a used mustang, $1800 asking price, does this work with a car that low?
deemullins1 4 months ago
@deemullins1 Yes. They are selling not because they want an iPad, but because they NEED the money. Hit him for $1500, and emphasize you have the "cash IN HAND". He'll start salivating and often fold.
Easy-peasey.
SPQRImperator 4 months ago
@SPQRImperator Got the mustang for $1500!!! Clean, straight, runs great, c onvertible, thanks pal!
deemullins1 4 months ago
@deemullins1 I this economy, cash is king!
Enjoy the 'Stang man. Watch out of the po-po if it's in a flashy color. lol
SPQRImperator 4 months ago
@SPQRImperator *"IN this economy..." lol
SPQRImperator 4 months ago
I don't know if it's the wisdom or the accent, but thank you for the advice.
enterdamatrix444 5 months ago
amazing tips, thanks so much
bpaynegoodphotos 5 months ago
Awesome Vid Thnx
Zebragraham 5 months ago
Awesome Vid Thnx
Zebragraham 5 months ago
i tried asking "what is the best price you can give me today?" and the saleslady laughed but didnt answer the question. I guess the Mazda 3 i was looking at was a hot car so negotiations were not leaning on my favor
poolplayer999 5 months ago
Thanks for the vid.
unhommeetranger 5 months ago
There's no harm in letting the salesman know you like the car. Whether he knows you're dying to get it or thinks you're only mildly interested is irrelevant if you're willing to stay within certain bounds of the number you'd like to pay for the vehicle. Asking a salesperson what the best price is on the vehicle is similar to them asking you "whats the most you're willing to pay for this car?". lol, i do like the part about "get over it" regarding negotiating though.
bigslanky81 7 months ago
I agree with him about doing your research on the vehicle you're interested in. On a new car, its easy, just go to edmunds, search the vehicle (make sure you equip it exactly as the dealer has it) and edmunds will give you the dealer invoice to the penny. When a customer asks "whats the very best deal you can do for me on this vehicle", the fact of the matter is the sales person doesn't know. He doesn't usually get that information handed to him, and for that reason by the way.....(cont..)
bigslanky81 7 months ago
i use to do this just to test drive new cars and then walk off
stangGTKKK187 10 months ago
thanks for the tips!
hellongoc 10 months ago
This was a good one. Much better than other very general, pretty non-informal vids.
AceVenturaXii 10 months ago
Thanks, awesome tips. i can't wait till the President's day weekend sales to try my hand at professional negotiating.
saiyansnake 1 year ago
Thanks a lot!
JasmineSpeakTV 1 year ago