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Traded an old peugeot in for a ba xr6t about 6 years ago.. Had to push start it to get it to go because fucked ring gear... Pulled into ford dealer after 5pm and left it running and parked it inside where they wanted it... Did the paperwork on the xr and drove away.. Got the call 9am the following morning asking if i'd had trouble getting it to start.. response was nope *shrug*
:h5:
good to see they re getting a little bit back.
And while they are selling it for $6500 k and they "gave" you $3.5k, you can probably bet for sure there was probably another $500-$1000 in haggle room if you weren't trading anything in too....
my mate just bought a new VF. His mid 90's stato wouldn't start after they had appraised it and offered him $3.5k - he tried not to laugh.
Didn't effect the $$$'s or their willingness to take it one bit.
And while they are selling it for $6500 k and they "gave" you $3.5k, you can probably bet for sure there was probably another $500-$1000 in haggle room if you weren't trading anything in too....
my mate just bought a new VF. His mid 90's stato wouldn't start after they had appraised it and offered him $3.5k - he tried not to laugh.
Didn't effect the $$$'s or their willingness to take it one bit.
Don't take that as a representation of what a vehicle is actually worth at all, because trade and savings is often just bundled into one to keep the customer ignorantly happy. They're a weird bunch when it comes to trade-ins.
Never in any madmans wildest dreams will a mid-'90s Stateman (or '90s nearly anything for that matter) fetch an actual $3,500 wholesale. The difference is made up by discounting the new vehicle. Some dealers/salespeople are soft enough to instantly drop their pants unnecessarily and on the flipside, some customers are stubborn/bullish enough to make that happen themselves.
Don't take that as a representation of what a vehicle is actually worth at all, because trade and savings is often just bundled into one to keep the customer ignorantly happy. They're a weird bunch when it comes to trade-ins.
Never in any madmans wildest dreams will a mid-'90s Stateman (or '90s nearly anything for that matter) fetch an actual $3,500 wholesale. The difference is made up by discounting the new vehicle. Some dealers/salespeople are soft enough to instantly drop their pants unnecessarily and on the flipside, some customers are stubborn/bullish enough to make that happen themselves.
Did you read my whole post?
Its all about the changeover number. I remember a dealer offering me increasingly more for for my shut box as trade in whilst not dropping the "price" of a car once.
"Ive gone to the boss and we can offer you an amazing price for your trade in - ive never seen him so generous!"
I said something along the lines of "how fucking stupid do you think I am mate?" and walked away.
Tired and exhausted, so re-reading it I see that I didn't actually interpret it properly the first time. You're right in what you're saying, I just read it the wrong way.
Its all about the changeover number. I remember a dealer offering me increasingly more for for my shut box as trade in whilst not dropping the "price" of a car once.
"Ive gone to the boss and we can offer you an amazing price for your trade in - ive never seen him so generous!"
I said something along the lines of "how fucking stupid do you think I am mate?" and walked away.
This bit here though, specifically the outcome of your encounter with oldmate and his boss, is exactly the reason as to why I find out what it is that is actually important to the customer. And also why where I work, we use commitment selling.
Honestly, this was for trading a KE30 corolla to a laser/Astra/pulsar that was $10k or so sticker that was probably worth paying a little over half that.
corolla was worth $500 if lucky. He offered $1000 straight up. I thought, okay, that's $500 trade plus $500 off.
He then came back at $2k for the trade, and then $3k for the trade. I was just thinking, are you kidding?
from memory - this was quote a while ago - I wasn't even asking/trying to trade the rolla as I was giving to my bro for $500.
This bit here though, specifically the outcome of your encounter with oldmate and his boss, is exactly the reason as to why I find out what it is that is actually important to the customer. And also why where I work, we use commitment selling.
When is the most important thing to the customer never not get the car they have decided they want for the lowest possible price?
Talking about new cars here, but when dealers make money off you from a so many difference sources (trade in, car price, factory fit accessories, genuine accessories, dealer add ons, dealer delivery, finance, warranty) it definitely is a course of frustration as you pretty much need to know what each aspect is actually "worth" so you don't get raped on any particular point.
You hear all the time comments of
"I got an awesome trade in" (but paid RRP for the car)
"i got XXXX off the (bullshit over priced) paint protection" (which was still more than it should have been)
"They gave me factory extended warranty half price" (which make you hope some poor sap never did pay full price)
"I got 0% finance!!" (But paid full RRP on the car, making up for the "lost" interest
Etc etc
It's a game and salespeople/dealers are taught it well. It's frustrating as hell to go through.
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