Friday, January 8, 2010

I'm buying my first truck in the next two weeks any advice?

I've never had to worry about dealers before so im a little nervous, I know that your not suppose to pay sticker price, but i have no idea on how to haggle for a lower price. I could use any tips given to me.


The truck cost $29,000 if that helps.I'm buying my first truck in the next two weeks any advice?
The tried and true method is to order a new car price report from consumer reports. They cost around $16, and will save you thousands. It gives you the actual price the dealer paid for the car from the factory, and will also show you all rebates available, even the hidden manufacturer to dealer ones. All these help you negotiate your price UP from what the dealer paid, not DOWN from some imaginary number called an ';invoice'; number, or ';MSRP';.I'm buying my first truck in the next two weeks any advice?
First off, if it's your first time, try bringing someone, preferably a guy who knows a little about cars with you.


It's mostly to try to keep the dealers from thinking your easy bait, or easier to trick into buying something higher priced, with the idea you don't know much. =/


Let the dealers' know that your looking for a good deal on the truck and are looking around, and they'll automatically try to be more competitive in the sale.


But if you ever get a dealer who is EXTREMELY pushy- leave.


They've proven to you they are not trustworthy on the sale if they start that up. Know that most dealers', especially these days will always try to be a bit pushy, and are a bit more desperate to make sales these days, but when they absolutely will not drop it, go looking somewhere else.
Buying a vehicle is not hard. Remember a few important things, do not over extend yourself financially, buy something YOU like because it makes that monthly payment easier to justify, set your budgeted amount and stick to it, do not settle for less than what you want. Have someone that you trust go with you to help and advise you, and most of all treat people the way you want to be treated, reading some of the advice you got above it the wrong way to go about doing business, tell them you'll do this or you'll walk, don't tell them what you can really pay, call me in 24 hours or ill go somewhere else, all poor advice. If you were at work and people came in and started to threaten you, lie to you and push you around, then they will do the same thing to you, but if you act like a human being you will be treated like one. there is common ground, you want to purchase a vehicle and they want to sell you one. If you tell them your wants and needs and budget then how can they tell you what they have that will work for you. If it is ok for you to lie to them, then it should be ok for them to lie to you, it's a 2 way street remember purchasing a vehicle has to be fair and equatable to both sides. They can not stay in business with out a profit and they can not hire good technicians and provide good service without being profitable. You wouldn't work for free and they won't either. If you don't require service or help with paperwork or someone to help you if you have a problem, then buy private sale. Now i'm not saying not to shop around or not to try to get the most for your money, but there is no need to be ignorant to others that you are trying to get help from, so try to work together to reach your final goal.


Good luck and enjoy your purchase.
The easiest way to negotiate a car deal is to work from the invoice. Determine what you think is a fair profit for the dealer on the truck. And to all you ';experts';, car dealers are ';for profit'; companies, if they let you ';walk'; it's because you are demanding that they sell the vehicle for less than they paid for it. So anyway, back to your deal. Offer the amount over invoice you have determined is fair and it is to be AFTER all factory incentives have been applied.





Here's how you do it. ';Ill give you x dollars over invoice after rebates'; stick to your guns, they may whine and complain, and you may have to threaten to leave, but if they're making at least some profit, they'll take the deal.





Of course this will backfire on you if the factory is doing an employee pricing promo, and that's the deal you should be looking for. Only the big 3 do this and if you're looking for a workhorse, stay away from Toyota and Nissan, they're not quite there yet. If you're a soccer mom, by all means get a import, chances are the company will be around to honor the warranty.
They're desperate to sell right now, its a buyers market, so YOU hold the power here. Make sure u have a bid from a competing dealer, know what you want, be confident and show no fear. Do NOT tell him what you can afford for payments or tell him what you have to spend. Tell him what you will pay for it and if he doesnt like it, walk. And I mean WALK ! Leave your name with a phone number only and tell him if he changes his mind to call u back in 24 hours, otherwise u will buy from the other dealer. Good luck! PS, do NOT show any emotion, its a business deal. If he see's you're nervous, you give him power and an edge. Dont go bonkers over the rig either, that also gives him leverage. You gotta act like its not a big deal and u can go down the street and get ';the better deal'; :)
Basivally even if you have to lie,( which i advise you do go around and look at other trucks but) tell them that there is another dealer (dont mention names) that is throwing in a free warantee or say that they knocked the price down 2.5k or lowered the interest rate. Then leave don't buy when they offer you a better deal say '; ill think about it'; . Come back within 3 days and say '; i talked to the other dealer and they said they can match you're price and give me free snow tires,( or a warantee or other bullshit) until they finally cant go any lower.





trust me i know someone who lowered a truck down from 28k to 19.5k from doing this within 3 weeks.
good lord! 29K for a truck? I would pay that for a good desiel pickup. you can find something cheaper than that. I have never paid over 7 grand for a truck. i have owned one dodge dakota, two chevy s-10, and two half tons and one 3/4 ton. I would have to say if you are not doing any offroading cut out that 4x4. if your not doing any hauling or just hauling groceries leave out the 3/4 ton you dont need it for cruising around town. now it depends on whether you want a good truck on gas go for a s-10 or ranger or something small. it still has four wheel drive and what can be called a truck. A 1/2 ton is a good choice come in different engine sizes. it will work for running around town and doing some little chores. what i would reccomend is you look elsewhere. there are plenty of good old trucks for under 10 grand that are just as good. the older trucks are tougher then these newer ones and parts can be found anywhere. I bought two trucks at a dealership and I screwed them royally. they just want to sell, sell, sell. look hard at the truck look for something wrong with it..go to your trusted mechanic if you have one and have him look at it. If you dont have one GET ONE! if he i honest with you he will find some problems. trust me the dealership will leave something that needs to be fixed later on. you want to haggle to get a cheaper price then find something cheaper. personally i wouldnt pay that much for a truck. i would find something cheaper if you want to haggle. I get trucks that last well into the 200K mark and nothing major happened to them.
when i buy a car i sit there for ages wasting their time umm and arr about the price,


if they wont budge on price see if you can get extras or the full thing painted in the same price,,


either look like you cant quite afford the full price or when hes showing you what you get for your money say is that it and suggest you want the cab painting a different colour or something but only for the same price, they will crack and give you a better deal, especially if you have seen one else where at a better spec or price,


make sure if you do see other trucks you look at what you get because a sales man will say ';well this has a more powerfull engine or is a better model'; so always have a come back to show you know what your talking about more than he does


good luck
Good luck on buying a new truck,you should look and see what the values are before you buy also, a good trusted site is kelly blue book www.kbb.com personally i bought a dodge dakota quad cab nice truck but as most new ones its made cheaply,had to replace balljoints after 40,000 miles because they dont put grease fittings on them at factory.. again good luck ...ken
Go to a lot of Dealers and compare Prices Let them compete for your business. Make them squirm ,they will go bananas to sell you that truck

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