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^^ This.

Don't listen when they say they aren't making any money off the sale. And beware off the 'best' deal and when you go to sign, they throw in thousands of dollars for 'paperwork' and 'admin' 'transfer' etc etc fees. I had some dickhead last month try and tell me my repayments were $30 more a month than the agreed repayments, and that my math was wrong.

Go in there with a price and see if they will match it, then work with other dealerships to get a better price.

Used demo models are easy to haggle the price down.

Also, if they're rude, and try and take you for a fool, let them know about it.

Edited by Stagea97

I was a sales manager about 7-8 years ago but I've been out of the car industry for a long time now.

- Be careful if you are trading in a vehicle at the same time, know the overall "changeover" price ie, the price they are selling the car on it's own & how much they are giving you for the trade in individually.

- If discussing finance they will try to get you on the repayment rather than the overall price of the car to try & keep their profit margin up. Bargain the price of the car before discussing finance & repayments.

- End of year run-outs can be good value.

- As Terry said, the end of the month is when dealers & salesmen have to meet their sales quotas so more likely to bargain their price down just to meet target. On the flip side to this, if they have already met their target or if they get a capped commission % they will be less likely to bargain down.

- Best way is to shop the price between dealers. There are plenty of times I cut the profit margin on a sale down to $0 or even in negative by a little bit just to secure a deal away from another dealer as we also got commission bonuses from the manufacturer for meeting certain quotas of cars sold within a month

Contrary to popular belief there really isn't that much profit margin in new vehicle sales, all the cars have the same invoice price delivered from the manufacturer & dealers will cut each other's prices just to get sales volume, which at the end of the day manufacturers want as it looks good on their sales numbers, they get the same price from the dealers anyway.

Have fun :)

  • Like 1

oh, one thing to keep in mind....

once the price is set, haggle in the finance.

this is also a game, and a separate sale.

get them to cut the interest rate lower.

they have room to move.

generally more then the actual car price.

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