I usually tell them up front I am not interested in any lines of BS. If they start dishing it out I walk and go buy somewhere else.Wife and I are shopping for a good low mileage (KM's) 2008 Ford Escape.So far I have dealt with nothing but idiots who are trying to give me a lube job up the poop shoot.Are there any FBG's who can crack the ##### used car sales game for me?TIA
I'm sick of them wasting my and my families time while they have their secret meeting with the Sales Manager. Seriously...what takes 20 mins to figure out? You paid X for the car, I offered you Y, does X minus Y = desired profit? I've researched the various models and features and know the market. I got so fed up and impatient after multi dealings with these clowns that I offered a $1000 more then the same vehicle that is 90 mins away. This same vehicle has more toys on it too. Well buddy after a 20 min circle jerk with his Mc Manager comes back with a deal $500 higher. i won't do that again. Anyway...we got up and left.As I wrote this...he just called back and left a message saying sure sure...lets do the original deal. I think I am going to tell him to pound salt, just over the prinicipal of it all.HOLY annoying Batman.I usually tell them up front I am not interested in any lines of BS. If they start dishing it out I walk and go buy somewhere else.Wife and I are shopping for a good low mileage (KM's) 2008 Ford Escape.So far I have dealt with nothing but idiots who are trying to give me a lube job up the poop shoot.Are there any FBG's who can crack the ##### used car sales game for me?TIA
I would try reading the following if you haven't already. http://www.edmunds.com/advice/buying/articles/index.htmlAre there any FBG's who can crack the ##### used car sales game for me?
TIA
I love saying that! Sometimes I'll say ten bucks and their reaction is as if I was the first to say it which clearly can't be the case.Q: How much do you want to pay per monthA: Nothing!
BATNA and WATNA, how I miss those days of negotiation.I forgot the main thing that Prof told us. INFORMATION is their power everything they ask say I don't knowHow much do you want to spend? I don't knowHow much do you want to pay per month? IDKHow much do you want to put down? IDKHow much do you owe on your car? IDKWhat kind of car do you like? IDK Etc., Etc.BATNA.Be willing to walk, and do it. If you're not willing to walk, you can't negotiate.
Answer to the first three should be "Zero".BATNA and WATNA, how I miss those days of negotiation.I forgot the main thing that Prof told us. INFORMATION is their power everything they ask say I don't knowHow much do you want to spend? I don't knowHow much do you want to pay per month? IDKHow much do you want to put down? IDKHow much do you owe on your car? IDKWhat kind of car do you like? IDK Etc., Etc.BATNA.Be willing to walk, and do it. If you're not willing to walk, you can't negotiate.
This is a great link!I sold cars for three years and this is exactly what we did.
People are posting great NEW car strategies in here, but the OP specifically mentioned used cars. There is no "invoice" price on a used car. Every used car costs the dealers a little different and that information is closely kept by dealers. The last time I bought a used car, I had a contact on a message board who was a finance guy at a car dealership. He had access to a publication called the Mannheim Used Vehicle Value Index. It is evidently the "insider info" and when I brought up I knew how much the car I wanted was listed at in the Mannheim, the bull#### went away. I offered them $500 over the Mannheim auction value (which to me was the same as invoice, what they should have paid for the car). That offer was almost 5K under what the "sticker" price was. I ended up $750 over, which was still a very good deal compared to what Kelly Blue Blook or NADA Online or even Edmunds said was a good deal.Now, I don't think private parties can get access to the Mannheim report, I think only dealers can and maybe lenders. However, there is a website called Galves.com which might be more in line with the Mannheim than with KBB. Failing that, I would think if anyone you know, knows someone who works in finance at a car dealership.
This sounds like BS.When you walk in their store and give them your license it is an authorization for them to automatically pull credit and that is exactly what they are doing when you test drive.
Who gives up their keys? Seriously. If they do, it is a demonstration of compliance and the dealer knows they are in control. Know what you want, know it's value and know what you want to pay. Do your own thing and forget about them. Take control of the situation and nothing the dealer does will matter. If you find the car you like/want, tell them what you are willing to pay. If they take too long, leave and tell them to call you later and take care of it over the phone. The best advice you can take is to just stay in charge and keep things on your terms.7) Do not let them hold your keys, when you want to walk... WALK!This is most of the major stuff I remembered. If they say they are going to talk to the manager tell them they have 2 minutes. If they bring the manager back, tell him to go away.
How is this lying?WOW...a lot of BS in this thread.
First...I sold cars for 5 years, and would go back to it if there were any money at all to be made in it right now. So I can speak "from the dark side".
There are several key things to keep in mind.
#1. The customers lie first. This is a statistical reality. The first words out of 80% of all "ups" is "I'm just looking. I'm not buying today." BUT...NADA statistics reveal that 70% of folks who walk on a car lot looking at cars purchase a car within 72 hours.
It is BS in most states. I don't know of anyplace where they can pull your credit without specific permission.That said...the structure by which credit scores are calculated changed a few years ago. While it's true that pulling your scredit lowers your score, they changed this so that it can only do so every few days. There's no difference between one dealer/bank pulling it, and 30 if done within a couple days of each other.If you want an accurate payment estimate (and 80% of customers do)...they really do need to pull your credit.UP NEXT: REAL ADVICE ON HOW TO SHOP (from an X-salesman)This sounds like BS.When you walk in their store and give them your license it is an authorization for them to automatically pull credit and that is exactly what they are doing when you test drive.
Because half of them do!!!! (Even if it's at another lot). The statements are usually simple defense mechanisms born out of a fear of being taken advantage of. Many customers want to find their perfect car, think it over a while before even talking to the salesman. BUT...You'd be shocked how many times that perfect car is hidden out back, or sitting in the shop. And you'll never know it if A: He accepts your answer and leave you alone (lose:lose) or B: you refuse to open up to him and tell him what you're looking for or need.Yes...the salesman is trying to sell you a car. But you're trying to buy a car...LET HIM HELP YOU!!!!How is this lying?WOW...a lot of BS in this thread.
First...I sold cars for 5 years, and would go back to it if there were any money at all to be made in it right now. So I can speak "from the dark side".
There are several key things to keep in mind.
#1. The customers lie first. This is a statistical reality. The first words out of 80% of all "ups" is "I'm just looking. I'm not buying today." BUT...NADA statistics reveal that 70% of folks who walk on a car lot looking at cars purchase a car within 72 hours.![]()
Because half of them do!!!! (Even if it's at another lot). The statements are usually simple defense mechanisms born out of a fear of being taken advantage of. Many customers want to find their perfect car, think it over a while before even talking to the salesman. BUT...You'd be shocked how many times that perfect car is hidden out back, or sitting in the shop. And you'll never know it if A: He accepts your answer and leave you alone (lose:lose) or B: you refuse to open up to him and tell him what you're looking for or need.Yes...the salesman is trying to sell you a car. But you're trying to buy a car...LET HIM HELP YOU!!!!How is this lying?WOW...a lot of BS in this thread.
First...I sold cars for 5 years, and would go back to it if there were any money at all to be made in it right now. So I can speak "from the dark side".
There are several key things to keep in mind.
#1. The customers lie first. This is a statistical reality. The first words out of 80% of all "ups" is "I'm just looking. I'm not buying today." BUT...NADA statistics reveal that 70% of folks who walk on a car lot looking at cars purchase a car within 72 hours.![]()
Reading comprehension down? They are NOT "just looking" if they buy within 72 hours. Many really do buy THAT SAME DAY.The point was that (in general) customers lie more often then the salesman. I know this from personal, first hand experiance.Because half of them do!!!! (Even if it's at another lot). The statements are usually simple defense mechanisms born out of a fear of being taken advantage of. Many customers want to find their perfect car, think it over a while before even talking to the salesman. BUT...You'd be shocked how many times that perfect car is hidden out back, or sitting in the shop. And you'll never know it if A: He accepts your answer and leave you alone (lose:lose) or B: you refuse to open up to him and tell him what you're looking for or need.Yes...the salesman is trying to sell you a car. But you're trying to buy a car...LET HIM HELP YOU!!!!How is this lying?WOW...a lot of BS in this thread.
First...I sold cars for 5 years, and would go back to it if there were any money at all to be made in it right now. So I can speak "from the dark side".
There are several key things to keep in mind.
#1. The customers lie first. This is a statistical reality. The first words out of 80% of all "ups" is "I'm just looking. I'm not buying today." BUT...NADA statistics reveal that 70% of folks who walk on a car lot looking at cars purchase a car within 72 hours.![]()
Hint: 72 hours is more than one day.
first and biggest mistakenever, ever, ever, ever, ever, ever, ever, ever, ever, ever go shopping for a vehicle with your wife and/or kids. If you want to go for a test drive with them, that's fine. But, you know what you want already, do your research beforehand and decide how much you're willing to pay on a vehicle.When I go shopping for a vehicle that my wife is going to drive, I let her do the research and narrow it down to 4-5 cars she thinks she would like. Then we go test drive each one. I get the sales person's card and tell them I'll contact them when we're ready. When my wife tells me which one she likes best, I go to work.As the previous car salesman stated (very well imo), most people aren't used to negotiating on a purchase and this puts them in an uncomfortable position, and they are on the defensive and assuming the worst. Car salespeople have to deal with this stuff every day. Their livelihood depends on being able to squeeze the most profit out of you, while not driving you off the lot. You need to understand this, and not take it personally. They have to make a living. The dealership has to make a living, they have overhead to pay too. g'luck with your car search/purchase. I've always enjoyed shopping for vehiclesWife and I are shopping for a good low mileage (KM's) 2008 Ford Escape........
Coming from another x-carsalesman, you made some really good points in your first post about customers lieing. Just look a few responses up and some guy is saying to say "I don't know" to every question the salesman asks. Well what good is that doing, and obviously it's lieing. SO WHY IS IT OK FOR THE CUSTOMER TO LIE THEIR ### OFF AND THEN WHEN THE SALESMAN DOES IT HE'S A DISPICABLE PERSON????renesauz said:Reading comprehension down? They are NOT "just looking" if they buy within 72 hours. Many really do buy THAT SAME DAY.The point was that (in general) customers lie more often then the salesman. I know this from personal, first hand experiance.eoMMan said:renesauz said:Because half of them do!!!! (Even if it's at another lot). The statements are usually simple defense mechanisms born out of a fear of being taken advantage of. Many customers want to find their perfect car, think it over a while before even talking to the salesman. BUT...You'd be shocked how many times that perfect car is hidden out back, or sitting in the shop. And you'll never know it if A: He accepts your answer and leave you alone (lose:lose) or B: you refuse to open up to him and tell him what you're looking for or need.Yes...the salesman is trying to sell you a car. But you're trying to buy a car...LET HIM HELP YOU!!!!KnowledgeReignsSupreme said:How is this lying?renesauz said:WOW...a lot of BS in this thread.
First...I sold cars for 5 years, and would go back to it if there were any money at all to be made in it right now. So I can speak "from the dark side".
There are several key things to keep in mind.
#1. The customers lie first. This is a statistical reality. The first words out of 80% of all "ups" is "I'm just looking. I'm not buying today." BUT...NADA statistics reveal that 70% of folks who walk on a car lot looking at cars purchase a car within 72 hours.![]()
Hint: 72 hours is more than one day.
difference is....you (salesman) lie to me, it could cost me thousands of dollars. I (customer) lie to you, it might cost you a sale.But in the course of a day, you have the potential to make "x" amount of sales.However, in the course of the average length of a finance agreement (3-5 yrs), I buy 1 car. it's simply a numbers argumentSO WHY IS IT OK FOR THE CUSTOMER TO LIE THEIR ### OFF AND THEN WHEN THE SALESMAN DOES IT HE'S A DISPICABLE PERSON????
The usually take your keys when they want to evaluate your car for its trade in value.~Haze~ said:Who gives up their keys? Seriously. If they do, it is a demonstration of compliance and the dealer knows they are in control. Know what you want, know it's value and know what you want to pay. Do your own thing and forget about them. Take control of the situation and nothing the dealer does will matter. If you find the car you like/want, tell them what you are willing to pay. If they take too long, leave and tell them to call you later and take care of it over the phone. The best advice you can take is to just stay in charge and keep things on your terms.7) Do not let them hold your keys, when you want to walk... WALK!This is most of the major stuff I remembered. If they say they are going to talk to the manager tell them they have 2 minutes. If they bring the manager back, tell him to go away.