Current Events > Anyone know about buying cars from a dealership?

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ConfessPlease
08/20/21 11:11:47 AM
#1:


Honda says the msrp is 33,000 but all dealers have it at 40,000 wtf
Are you supposed to negotiate or some shit?

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Cuticrusader09
08/20/21 11:19:50 AM
#2:


Now is not the time to buy a car if you can avoid it. Dealers do not want to negotiate because there are plenty of buyers but limited supply.
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bigblu89
08/20/21 11:23:22 AM
#3:


Cuticrusader09 posted...
Now is not the time to buy a car if you can avoid it. Dealers do not want to negotiate because there are plenty of buyers but limited supply.
Definitely this.

It may actually be the worst time to buy a car in decades.

Best example I can give you is my in-laws experience with buying a car 2 years ago vs today.

My father in law really loves the Hyundai Sonata, so him and my mother in law both have one. He was in the market for a new one back in 2019, and ended up buying one for around $14k. He went to buy a new one for his wife this year, and the the same car, but the 2021 edition was $19k.

The price of cars don't go that high that fast. There's a crazy shortage.

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ConfessPlease
08/20/21 11:23:30 AM
#4:


Cuticrusader09 posted...
Now is not the time to buy a car if you can avoid it. Dealers do not want to negotiate because there are plenty of buyers but limited supply.
Even for newer cars? How long has it been that way?

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#5
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ConfessPlease
08/20/21 11:25:31 AM
#6:


Crono99 posted...
They add a shitload of extra fees. Then they try to convince you that you have to do your maintenance there and charge you 400 bucks for an oil change

Gotcha how do you avoid this shit? Is it even included in the price thats there?

Does this apply even if you buy it straight from Honda? Can you even do that?

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Pitlord_Special
08/20/21 11:29:26 AM
#7:


ConfessPlease posted...
Even for newer cars? How long has it been that way?

like the last 6 months or so. Basically new car production is limited because of a shortage on microchips (same reason you cant get a PS5 or PC video card easily)

So with limited supply, dealers are marking up their inventories because people will still buy them (basically scalping the cars). Normally you can negotiate a good amount under MSRP (depending on the car and trim level)


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masticatingman
08/20/21 11:29:31 AM
#8:


My parents swear by CarFax basically just to avoid dealership salesmen. Even if you can pay in full without any financial issues...it's always an ordeal.

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Hexenherz
08/20/21 11:30:39 AM
#9:


1) Car prices have been going up the past couple of years because of materials shortage and manufacturing problems associated with the pandemic.

2) You cannot purchase vehicles straight from the manufacturer, you have to go through a dealership or a private seller.

3) The only way to avoid *absurdly* high costs is to do research on what sort of games dealerships play and then try to find a dealership in your area that doesn't play those games. Unfortunately it's really common for them to use dumb tricks to lure you in, like showing one price on a website and then telling you in person "Oh that price is only if you're a disabled war veteran full-time college student over the age of 65 who is dependent on their parents still!". Or, "Oh that's the *online* price, you have to print the listing out and bring it in with you to qualify" (even though they are showing it to you on their own computer while saying this).

Taking someone who is knowledgeable about cars can help, especially since you can turn it around on the seller sometimes depending on who it is.

Also just consider buying certified pre-owned or even used. Cars are not collector items 99% of the time and their value does tend to drop as soon as you take it off the lot, so it's not a good investment. With something like Honda you can get a car that is a few years old and certified pre-owned so it will still have some warranty but be cheaper than brand new.


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WaterLink
08/20/21 11:31:44 AM
#10:


Do you have a car to trade in? Sure prices are high but that also means you can probably get the most by selling your current car now as well so that could help you out. If you're just trying to buy though, yeah now's not the best time.

If you don't have a trade-in, and you need a car now, best bet is look around ebay or craigslist. Especially ebay (you may have to travel a bit to pick cars up from here) because mechanic shops often do work on old cars and sell them and you can often find steals if they don't get many bidders. I once paid about $3k cash for a car that only had $27,000 miles on it on ebay this way, just had to travel from Louisiana to Miami to pick it up and drive it back, but we just made a little vacation out of it.

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monkmith
08/20/21 11:35:08 AM
#11:


its a pain in the ass, you have to negotiate. keep in mind that the guy selling you the car is making commission off the sale, that means he's getting a bonus for every buck he makes over the cost the dealership paid for the car originally.

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Esrac
08/20/21 11:42:16 AM
#12:


Get the Out The Door price, which includes the taxes and other fees.

They'll lure you in with a lower price that doesn't include any of that.

I'm about to buy a 2021 Kia Sorento LX with 6,000 miles on it for $27,000 OTD. Higher than I'd like, but we are approaching a need to buy asap situation, so we can't afford to wait it out.
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VIIVincent
08/20/21 12:00:37 PM
#13:


Don't sign ANYTHING until you are really sure you want to buy it.

Remember, if they're being pushy or not negotiating, you can always back out. They want your business so if they're acting like your not being reasonable, just walk.

If they promise free oil change or anything else free service, make them write it down on paper. You can still back out until the very end even if they try to say anything else.

If you have something to trade in or have down payment, they'll likely want to work with you. Even better if you have a car that hold it's value or the same manufacturer as the cars in their lot. They're making money regardless or else they'll just say "Have a nice day."

Even if you buy the car, they give you like a few days to return it. Usually. You'll lose some money but at least you aren't stuck with a car.

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ConfessPlease
08/20/21 1:43:53 PM
#14:


Thanks everyone,

We decided to wait until the craziness goes down.

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