Comments on: How I (sort of) Talked my Dealer Down to 0% Interest http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/ We're here, We're queer, and We're not going Shopping without Coupons Wed, 10 Mar 2010 04:23:21 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: A Million Dollar Retirement By The Age Of 50? @ The Carnivals http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-129906 A Million Dollar Retirement By The Age Of 50? @ The Carnivals Fri, 23 May 2008 07:38:52 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-129906 [...] How I (sort of) Talked my Dealer Down to 0% Interest @ Queercents [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-129906">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] How I (sort of) Talked my Dealer Down to 0% Interest @ Queercents [...]

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]]> By: Pam http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-128183 Pam Sat, 17 May 2008 16:02:11 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-128183 Well..... I recently bought a new car. I knew I was going to buy a Honda. Been driving Hondas ever since my experience with a lemon Ford Tempo back in the mid 80's. I did my research ... checked blue book price for my old car so I knew what it was worth trade-in and what the dealer could get for it. Also knew what I could sell it outright for but I really wanted to deal with the dealer. Cos you know in the past I haven't done so well and I wanted to redeem myself. First offer they made me for my car was predictably an offer you would make to a woman who you didn't think was savvy. It actually ticked me off. I told the salesman it was an insult... which it was. To make a long story short .... when I walked in I wanted $5500 trade on my car and 6% interest on the loan for the new one..... I walked out with $4500 trade on my car ($5000was bluebook trade price) and 5.24% interest on the new car loan. I have a beautiful new 2008 Honda Fit and I'm loving it. And I think I did as well as anyone could on the dealing. I came out ok and I think the dealership/salesman did too .<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-128183">0</span> <small>(to vote for this comment, please visit the site)</small></p> Well….. I recently bought a new car. I knew I was going to buy a Honda. Been driving Hondas ever since my experience with a lemon Ford Tempo back in the mid 80’s. I did my research … checked blue book price for my old car so I knew what it was worth trade-in and what the dealer could get for it. Also knew what I could sell it outright for but I really wanted to deal with the dealer. Cos you know in the past I haven’t done so well and I wanted to redeem myself.

First offer they made me for my car was predictably an offer you would make to a woman who you didn’t think was savvy. It actually ticked me off. I told the salesman it was an insult… which it was.

To make a long story short …. when I walked in I wanted $5500 trade on my car and 6% interest on the loan for the new one….. I walked out with $4500 trade on my car ($5000was bluebook trade price) and 5.24% interest on the new car loan. I have a beautiful new 2008 Honda Fit and I’m loving it. And I think I did as well as anyone could on the dealing. I came out ok and I think the dealership/salesman did too .

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]]> By: j http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-127909 j Fri, 16 May 2008 00:46:15 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-127909 No offense Mike, but we generally don't have qualms paying more for that for good legal service or medical care and that's a zillion times more expensive. I don't think even $20 bucks an hour for a great service experience is too much to ask for. Especially when I know that most sales people only sell a few cars a week.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127909">0</span> <small>(to vote for this comment, please visit the site)</small></p> No offense Mike, but we generally don’t have qualms paying more for that for good legal service or medical care and that’s a zillion times more expensive. I don’t think even $20 bucks an hour for a great service experience is too much to ask for. Especially when I know that most sales people only sell a few cars a week.

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]]> By: Mike http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-127875 Mike Thu, 15 May 2008 22:37:44 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-127875 Erica, Great idea with the faxing. My new car experience was much better than when i bought used and the dealership was actually quite pleasant. J, $200 bucks for a couple hours sounds like good money to me. :P<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127875">0</span> <small>(to vote for this comment, please visit the site)</small></p> Erica, Great idea with the faxing. My new car experience was much better than when i bought used and the dealership was actually quite pleasant.

J, $200 bucks for a couple hours sounds like good money to me. :P

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]]> By: j http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-127855 j Thu, 15 May 2008 21:40:23 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-127855 I put a lot more value into customer service than I do in price. Honestly, for most cars (Japanese makes, at least) there is SO much competition that there is actually VERY little mark up on new vehicles (used is another story all together) I'm ok with the dealership making a little bit of money on me because I know how much the sales people make - sometimes it's just 20% of the total gross profit. So if the dealership makes 1000 on a new vehicle, The sales person gets maybe $200. Usually, they've spent quite some time with me, either on email or the phone, and then at least a couple hours at the dealership. Maybe they spend less than that but the transaction goes SO smoothly that I'm ok with them actually making a living for themselves. I want to work with a dealership that has employees that can take care of their families. Having worked in the industry I know the days of huge markups and HUGE commissions are long gone.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127855">0</span> <small>(to vote for this comment, please visit the site)</small></p> I put a lot more value into customer service than I do in price. Honestly, for most cars (Japanese makes, at least) there is SO much competition that there is actually VERY little mark up on new vehicles (used is another story all together) I’m ok with the dealership making a little bit of money on me because I know how much the sales people make – sometimes it’s just 20% of the total gross profit. So if the dealership makes 1000 on a new vehicle, The sales person gets maybe $200. Usually, they’ve spent quite some time with me, either on email or the phone, and then at least a couple hours at the dealership. Maybe they spend less than that but the transaction goes SO smoothly that I’m ok with them actually making a living for themselves. I want to work with a dealership that has employees that can take care of their families. Having worked in the industry I know the days of huge markups and HUGE commissions are long gone.

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]]> By: Erica http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-127839 Erica Thu, 15 May 2008 20:56:13 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-127839 I swore, unless I'm buying another Saturn or perhaps buying a BMW, that I will not set foot in a dealership. Fax around method for me. Decide exactly what model and features I want, fax off a request to each local dealership, and then let the bids roll in. Take the lowest one, fire off a second round of faxes, and then choose the lowest price and go there to sign the paperwork. Last time I went car shopping I went to a Toyota dealer and, despite my being more than willing to spend plenty of money and wait long enough for a new Prius, I had such a horrible customer service experience I vowed to never buy from them.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127839">0</span> <small>(to vote for this comment, please visit the site)</small></p> I swore, unless I’m buying another Saturn or perhaps buying a BMW, that I will not set foot in a dealership. Fax around method for me. Decide exactly what model and features I want, fax off a request to each local dealership, and then let the bids roll in. Take the lowest one, fire off a second round of faxes, and then choose the lowest price and go there to sign the paperwork.

Last time I went car shopping I went to a Toyota dealer and, despite my being more than willing to spend plenty of money and wait long enough for a new Prius, I had such a horrible customer service experience I vowed to never buy from them.

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]]> By: GDad http://queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/comment-page-1/#comment-127786 GDad Thu, 15 May 2008 18:04:55 +0000 http://www.queercents.com/2008/05/15/how-i-sort-of-talked-my-dealer-down-to-0-interest/#comment-127786 Good for you! Most of my car purchases have been less deliberate than that. I do my homework on the car, but not on the price. Thanks for the tips for next time.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127786">0</span> <small>(to vote for this comment, please visit the site)</small></p> Good for you! Most of my car purchases have been less deliberate than that. I do my homework on the car, but not on the price. Thanks for the tips for next time.

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