Nell said:
I haven't decided what colour to get yet - I was hoping for something that ages well, since I want to keep this car forever! - and something that's not too hard to keep clean. I don't know if there's a colour that will do both. I was leaning towards titanium, but hear that colour is hard to keep clean! I am hoping to bring someone along with me; it will most likely be a girl as I'm in a new city and don't know too many people.
If MSRP is $26 487.25 with everything included, how much lower than MSRP should the price be to be considered a "good deal"?
I know this sounds silly, but exactly how does one "bargain" with the salesman? Other than asking for his "best" price, and then walking away to the other dealership in town, and comparing, is there anything else I should be doing?
Thanks so much, again!
I don't know if this works as well in Canada, but for me I had really good luck getting price quotes through the internet. You can do this using sites like carsdirect.com and edmunds.com. Otherwise, as far as bargaining down the price anthony2558 had a lot of good suggestions. Alot of what I think is along the same lines.
1. Before talking pricing with the dealer find out the invoice price for the car and the price of the options you're considering. It's essential to know this and also know how low compared to invoice others in your country/region are able to get (in the U.S. we can feasibly go under "invoice" since this really isn't the true price the dealer pays in the long run, in Cananda I beilieve it's a different story). You've already started out smart by coming in here and asking about it. Without this knowledge you loose a lot of power in the buying process.
2. Shop around for financing before negotiating the car price. You've mentioned getting a bank loan for this which I think may be a good option. See what other banks/credit unions will offer you as well. Regardless of credit history they're competing for your business.
3. Once you've done the above thigns it's a lot safer to go to the dealer and talk price. Go ahead and ask whoever's helping you what the best price is they can get you for the car with options you want. Don't let them confuse the issue by giving you payment ammounts. Tell them you'll discuss financing only if you like the price. No matter what they offer don't take it right away! You don't have to be apologetic about not taking it either, just be polite and tell them you'll keep them in mind and thank them for their time. You may get bombarded with questions at this point and don't feel obligated to answer with any specifics...just let them know that you're still looking into what all your options are and move on. Since you know invoice at this point, what anthony said about asking to make a refundable deposit is a good idea (only if you see a good offer). Make sure it's refundable...dont' want to commit yet.
4. Repeat this process for other dealers. If there is just one in your town talk to talk to some of the ones in the other closest towns (may need to do this via phone or email). They want your business and would be glad to have one delivered to you if you're not in the same town.
5. Compare your offers to each other and to invoice. Come back online and let people know what you're get. With all the canadians on these boards you're bound to get some quick advice from people who understand ca pricing.
6. Unless you have a smokin deal already it's time to make counteroffers. Considering the input from others here, make a fair offer. If they don't take it but offer something in between I'd say it's time to politiely say again that you'll keep them in mind as you compare your options. Then do just that compare other dealers by seeing if they'll take your offer...or how much better/worse their counteroffers are. If you're not sure if you have a good deal or not, come back online and ask around some more!
7. Once you have the best offer possible go ahead and go for it (after thinking it over preferabley overnight of course). Then you can see what the dealer will offer for financing to see if they can beat your best rate found before hand. Then you'll be ready to go through the final paperwork where they'll probably try to sell you some add ons like fabric protection. Just politely say no and don't let em make you feel guilty about it. At that point you've got yourself a good deal on a great car.