misterpink Posted November 8, 2006 Share Posted November 8, 2006 So .. based on all my research, spending time on all the car-buying and subaru specific websites, saerching all these forums .. it seems to me that a "good deal" on a new subaru sits somewhere just under invoice (few hundred) + any available incentives. I'm negotiating with two different dealers right now and they seem stuck at just a few hundred over invoice (under w/ incentives obviously but..). Should I expand my negotiations out further? I'm not expecting fitzmall prices, but I'd like to end up somewhere between where they are now and what a fitzmall price would be .. Am i doing the right thing holding out? Should I just give in? Link to comment Share on other sites More sharing options...
edmundu Posted November 8, 2006 Share Posted November 8, 2006 If you can hold out, then do so. IF you are pressed for a new car, then give in, for the prices these are going at, they are still a great deal. A few hunfred $$$ over a few years is not a big deal in the long run... Link to comment Share on other sites More sharing options...
misterpink Posted November 8, 2006 Author Share Posted November 8, 2006 Not to hijack my own thread or anything but ... There is also a dealer with the exact 07/color/options i want but it was the "manager's car" - and has 1200 miles on it. Its never been titled but I'm afraid that "manager's car" is car-dealer-secret-code for "demo that everyone beats the piss out of". How much below invoice do you think an 07 w/ 1200 miles on it should go for? Link to comment Share on other sites More sharing options...
rc0032 Posted November 8, 2006 Share Posted November 8, 2006 I would skip the "managers car" I would also wait till they come down in price, how long have you been talking to them? These cars are worth nothing in a few months anyways Link to comment Share on other sites More sharing options...
misterpink Posted November 8, 2006 Author Share Posted November 8, 2006 Well, I can wait a little bit - I just sold my G35c today and I'm driving our 3rd car - a 1994 ford escort - affectionately known as the "dwi-mobile" (before the dwi nazis come out screaming at me - we call it that because if you get caught drinking and driving in NY they take your car, and this is such a POS id welcome someone taking it - and I think its a funny name - not because I drive drunk all the time. If you don't appreciate the joke please just ignore it I am in no mood to argue with someone who's son/daughter/sister/brother/etc. was hurt/killed by a drunk driver) Ive been talking for about 2 weeks on and off so far .. I made a "i'll come in tomorrow with a suitcase full of cash and buy it for xxx" offer yesterday but I'm still waiting on a yes or no. Thanks for the input! Link to comment Share on other sites More sharing options...
BrownBoy Posted November 8, 2006 Share Posted November 8, 2006 These cars are going for really really low OTD prices. I wish almost everyday that I had waited a few more months and spent a couple grand more to pick up an LGT. (I bought the car within months of it coming out in 04) Regretting it almost every single day... Link to comment Share on other sites More sharing options...
ShadowImg Posted November 8, 2006 Share Posted November 8, 2006 Well, I can wait a little bit - I just sold my G35c today and I'm driving our 3rd car - a 1994 ford escort - affectionately known as the "dwi-mobile" (before the dwi nazis come out screaming at me - we call it that because if you get caught drinking and driving in NY they take your car, and this is such a POS id welcome someone taking it - and I think its a funny name - not because I drive drunk all the time. If you don't appreciate the joke please just ignore it I am in no mood to argue with someone who's son/daughter/sister/brother/etc. was hurt/killed by a drunk driver) Ive been talking for about 2 weeks on and off so far .. I made a "i'll come in tomorrow with a suitcase full of cash and buy it for xxx" offer yesterday but I'm still waiting on a yes or no. Thanks for the input! I've been wondering about the pricing myself, due to what I've read here -- we really need a thread like the official 1320 list where people just consolidate very briefly what people paid for what model, and what options. As far as the few hundred over invoice, I'd say no. I walked into my dealer on Monday to talk to them about an 07 2.5GT due to the fact they called me about the guaranteed trade-in value on my 2003 2.5RS. After a brief discussion of options (I'm looking for a Black 5EAT w/ Navi, Auto-Dimming, and no other options) they said that finding that config would be about impossible, but they'd be happy to order it and sell it to me at invoice. I had them give me the invoice price on it ($30335) and went and looked it up at Edmunds/Cars101, and I'm happy to say that they weren't even ******* with me on invoice. Bear in mind, this is with no negotiation at all (Webster Groves Subaru in St. Louis, MO) -- so if they're willing to just give me invoice on the spot with no negotiations, I'd think your dealers could manage to do the same. Only bad part is the Subaru Guaranteed trade-in is based on a 60,000 mi car for 2003s, where mine only has 31000, thus making what they're offering (about 1k over blue book for a 60,000 mi 2003) is about 500 under blue book for mine with 31000 mi. I also really like not having a car payment, but oh do I want a 2.5GT. I've been debating when I'm going to get one more than if -- I hate buying cars due to the complete loss of investment on them. Outside of this thread, if anyone has some advice/resources for me on when the proper time to sell your old car and buy a new one to minimize loss/maximize value I'd love to hear it. Link to comment Share on other sites More sharing options...
MilesA Posted November 9, 2006 Share Posted November 9, 2006 ...if anyone has some advice/resources for me on when the proper time to sell your old car and buy a new one to minimize loss/maximize value I'd love to hear it. Depends on the car, of course, but assuming you are looking at the car as a financial expense only, one good strategy is buying a low-mileage gently used car at about 3 years old, holding on to it for a couple of years and then selling it, repeating as needed. The idea being that the shape of the depreciation curve is very steep in the initial few years, but cars tend to be reliable for some years afterwards. Past 5 or 6 years, the car will likely require some major maintenance or repair, so you sell before then. You have owned the car during the best value "sweet spot" years. Another approach is to buy a 3-year old car and drive it until it is no longer economical to repair. Looking at it as an expense, buying a new car is a very bad decision. You have to want the car for non-financial reasons. For some people, it is worth it. However, the majority of Americans spend too much on cars in relation to what they get out of them (myself included). Link to comment Share on other sites More sharing options...
941LE Posted November 9, 2006 Share Posted November 9, 2006 Making a cash offer is not always wise. You might want to throw that out there in hopes of them taking you more seriously as a buyer but it will end up hurting you. Let the dealership think you will be financing (they get paid on the back end of the deal too!) and that way you might actually be able to negotiate a better deal on the front and then say..."You'll take cash...right?" Of course they will...they might be a little peeved since they were planning to screw you in the finance office too. If they have the car you want...a few hundred over invoice seems worth it to me if for no other reason than to get you out of the Dub-Mobile. The key is to always let the dealership think they are in control of the sales process...all the while knowing that you are the one who ultimately has the power (as long as you've afforded yourself that power...i.e. that you aren't in desperate need of transportation or have no $ and terrible credit). Don't let them push you around but in the end is it worth your time and energy (and lack of instant gratification) to piss around over a couple $100...probably not. P.S. Another trick in negotiating is the "If you...then I" which they will try to pull on you too. If you..."throw in all weather mats and an auto-dimming mirror" then I "will buy the car NOW!" Wait until the last day or 2 of the month and then let them know..."If you...then I will do it NOW" Link to comment Share on other sites More sharing options...
FameMax Posted November 12, 2006 Share Posted November 12, 2006 its under warrenty, who cars about miles Link to comment Share on other sites More sharing options...
rjundi Posted November 12, 2006 Share Posted November 12, 2006 Manager's car is quite variable on what it means. My brother-in-law(finance manager) gets that car and changes them every month or two. He is a very mellow and safe driver. I find it so interesting how little interest he has in cars yet that is his livelyhood. Link to comment Share on other sites More sharing options...
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