I'm not sure how I'm supposed to be reading the reports. Invoice is what you can negotiate to, right? MSRP is what the retailer suggests the pricing should be? On
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02-10-2011, 10:27 AM | #16 (permalink) |
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I'm not sure how I'm supposed to be reading the reports.
Invoice is what you can negotiate to, right? MSRP is what the retailer suggests the pricing should be? On the report, the sport package seems to be included, can I assume $39,032 is doable without the options? Can I print it out and use it to negotiate? |
02-10-2011, 03:00 PM | #17 (permalink) | |
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MSRP = How much the dealer is selling at, without discounts Don't print it out on how much others bought for, because it is basically useless, and may inflict unknown effects to the dealerships.
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02-11-2011, 05:09 PM | #18 (permalink) | |
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so...what exactly is the use of knowing this? Should I aim for a price inbetween the 2? |
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02-11-2011, 06:21 PM | #19 (permalink) |
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Try to aim for somewhere between 3-10% over invoice. No dealer will sell for the same price that they paid for it.
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02-11-2011, 10:52 PM | #20 (permalink) |
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It's all about timing. You can buy cars below dealer invoice. I've done it.
You have to consider this. Lets say a dealer buys 10 cars. Lets say for argument sakes, each car is $20,000. Now, over the next month, they sell 9 of those cars for a minimal profit of $1000 each. They've made $9000. So, if the 10th car is sold $1000 below cost, the dealer loses a $1000 and makes an overall profit of $8000. Now, mulitply that by a lot more cars and a lot longer selling period. Early in the year, prices are high and getting deals is harder. Pretty simplistic but as cars sit in dealer showooms, other profits are applied against the cars invoice price to artificially lower it. All dealers do it and that's how you get below invoice pricing on rare occassions. End of model year, or in the case of a Z, winter approaching and you can get them at a much better price point. I bought mine in September pretty much at invoice. If I wasn't dead set on white, I could have gotten a yellow one slightly below invoice for the exact reasons stated above.
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02-11-2011, 10:53 PM | #21 (permalink) | |
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Normally, MSRP is = around 108% of Invoice. So they make 8% profit. As soon as you walk in the door, you may be offered 2-3% off that 8%. A little haggle will bring that down to 3-4%, or more. PM'ed you details.
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02-12-2011, 08:34 AM | #22 (permalink) |
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Unless times have changed, the dealer does not buy cars from the manufacturer but sells them on consignment. Dealer 'invoice' is not the true 'net' price of the car. There's a little thing called 'hold back'. Go here and do some reading: new car prices, dealer scams, negotiating, dealer invoice price, Car buying tips
That said, in my neck of the woods, the dealer's attitude is take it or leave it because they are the exclusive Nissan dealer in Halifax and they know that the car will eventually sell for maximum profit. However, I did take Nissan up on their $10K off the 2010 roadster incentive last fall. That was thousands below 'invoice' but I have no way of knowing if that price I paid was above or below the dealer's 'net' price. Mind you I traded my '09 Z touring as part of the deal. Oh, the freight and delivery charges of $1580? We are being gouged. Compare this to our friends south of the border.
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02-16-2011, 10:43 PM | #24 (permalink) | |
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The sport and Nav invoice prices were identical to the one's listed above, the base A7 invoice amount was slightly different. There total profit the dealership listed was about $3900 over invoice. We were able to get our car (11 Gun Metallic 370Z Coupe A7 w Sport / Nav) for $1400 over invoice ( if you believe the $3900 dollar amount + freebies.. Illum plates & rust proofing) . We had a very good buying experience from our Nissan Dealer and I would recommend them. ---> Trans Canada Nissan in Peterborough(They ended putting the paint sealer on for free as well.)
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02-17-2011, 12:59 PM | #25 (permalink) | |
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02-17-2011, 07:52 PM | #26 (permalink) |
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We thought so as well, considering we were ordering it. They had all the power, but decided to make us a happy consumer. I would buy from again.
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03-01-2011, 10:29 AM | #27 (permalink) | |
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03-01-2011, 11:43 AM | #28 (permalink) |
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I'd to check the invoice, but it was close to $47,500. The interest rate is better than I was offered. When did they come out with the 2.9% financing?
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03-01-2011, 09:42 PM | #30 (permalink) |
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Yea they just dropped it from 4.9, I was originally going to purchase a genesis coupe but then they dropped interest rates to the same and obviously the 370 is a way better car. I'm planning on going in with 5k down and getting the coupe with auto (don't need sport/nav as I have an iPhone) and my offer was 47500 on road. Think that's a good offer? Any idea on what wait time is?
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