So after car shopping this weekend we decided that we want a Ford Explorer with the second row captains chairs. However, they're kind of hard to find. We intended to buy a new one, but we found a used 2012 that is loaded that we're going to look at tonight. According to KBB it is priced fairly. The salesman I've been talking to mentioned that they're a volume dealership and the price is pretty much the price and they don't really negotiate.
Was that just a line? Or is tha thow some dealerships work?
Update: We got the car! It's so roomy and we got them to come down $1900 in price. Which ended up being almost $3000 less than the NADA price. Score!
Re: UPDATE: AW Negotiating on used car
Is it a new/used car dealer or one of those new used car superstores (CarSense)or Blue Knob?
A traditional dealership, there may be room to negotiate but since it is an unusual vehicle there may not be a whole lot of wiggle room.
One of those new used car places, probably not a whole lot. They get there vehicles at auction or directly from banks and they usually pay a bit more. Plus they include warranties, etc. so that is built in to the sales price.
The thing with used cars is that you have no idea what they paid or what kind of reconditioning they had to do. And I am pretty sure they will not throw in a warranty, that is an expensive request especially if they aren't willing to move on the price of the car.
But the whole volume thing is a crock of sh!t. My husband just bought a new used car a few weeks ago. He didn't take me with him. He got a great deal but that is mostly because they had the car for months (I could tell by the inspection stickers) and wanted rid of it. We had looked at similar vehicles and even the original price was fair, they only dropped it $700 but it booked out a lot higher.
I am not a KBB fan, I find that NADA or Black Book are more accurate and that is what most dealers use. The NADA is updated regularly and is based on auction pricing and region, which is key in pricing.
Plus, you are buying at the height of 4x4 season, the deals on 4WD are in the spring and summer at auction so they mostly likely paid more than they would have 2 or 3 months ago.
What dealer are you looking at?
You might have to. Who knows, if you threaten they may deal but they may not. Since you said they are rare used with captains, they may figure someone else will buy it.
When deciding between new and used, you have to look at the depriciation and how much of that someone else has already eaten. Plus, rebates and/or special finance although DH bought a certified pre-owned and got 1.9% which is amazing for a used vehicle. But if you want new and they aren't willing to negotiate then walk away.
Unfortunately for us we're finding them to be rare new and used. I have an interest rate of 2.5% for used (or new), from our bank...which I thought was pretty good. However with new, I'd get an additional credit through my work discounts (about $1500).
We're anxious to get something that better fits our needs, but we're willing to wait a bit for what we want. Thanks for your input! I was hoping you were around today to weigh in!
And I checked NADA--they're actually coming in around $1000 higher than the price it's listed for.
Yeah, most of the time vehicles like that are ordered as "sold orders" and built to the customers' specifications. And, there usually isn't a lot of negotiation even on new. My boss ran into this last year when he had to replace his Yukon. He had a hard time finding a Suburban/Yukon and no one was willing to negotiate, and I even hooked him up with a connection. Dealers know what is out there, and they know if you can get it somewhere else. If you can't, they know that they have you over a barrel so to say.
Yeah, like I said, NADA is updated daily based on the current market, the closer you get to winter the more the price will go up.