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Old 11-08-2012, 04:54 PM   #18 (permalink)
ShutokuZ
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Join Date: Oct 2012
Location: Honolulu
Posts: 512
Drives: 2013 PW 6MT Sport
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Quote:
Originally Posted by Magic Bus View Post
Wow that's a great deal for both of you! Can you share how you guys negotiated this with the dealership?

A base 2013Z 6mt w/sport package and no options, dealer invoice is $34,444. Assuming $300 for registration/license and a 6% sales tax, the dealer sold you this car for $31,792. That is $2,652 below invoice and that's not including the 3 year maintenance plan.

I would love to learn how to negotiate better, thanks.

Correction, Mine was actually $34,303, not $34,000. I leased based on that agreed upon OTD price with a money factor equivalent to 1.09%. No balloon payment at end and option to buy like usual. Best thing to do is negotiate the OTD price, before even mentioning lease or finance choice. Same goes with trading in. Never mention a trade in, prior to agreeing on the car price. Salesmen don't like that, but oh well! I was there for a while negotiating with getting up to leave a few times.
I learned a lot from my father who was a Finance and Insurance manager for Dodge for over 25 years. That, and flipping cars every two-three years my whole driving life.
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