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What Are New Incentives?????

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Old Jan 8, 2004 | 02:53 PM
  #31  
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Originally posted by cannyboy
With the impending arrivals of 04 cars, I'm thinking that 25k for a new 03 shouldn't be too hard to manage.

good luck

Since they've been sitting there it means the holdback expired, so that would only be a $3300 loss for the dealer.

Honestly, I can't figure out where people get these figures from.
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Old Jan 8, 2004 | 02:59 PM
  #32  
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Originally posted by cannyboy
Looks like I was right. With the impending arrivals of 04 cars, I'm thinking that 25k for a new 03 shouldn't be too hard to manage.
Good Luck

I can't imagine they will let them go for $2000 less then they paid for them, but I guess it never hurts to ask.

Edit: Looks like me and bluevilevo8 had the exact same idea. His numbers are better then mine.

Last edited by bullfrg; Jan 8, 2004 at 03:03 PM.
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Old Jan 9, 2004 | 08:08 AM
  #33  
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And what choice do they have??
They are not exactly going to increase in value out there.
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Old Jan 9, 2004 | 08:17 AM
  #34  
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Originally posted by GREGPOL
I would never leave dealership for say $200 to go and waste my time shopping.
....

Well, I know it's not the same thing, but if some store tried to sell you Doom 3 for $250.00 bucks, I would bet you would drive around to another software store and pick it up for $50.00 instead.

Unless $200.00 doesn't matter. (It doesn't look like it does, when compaired to the total price of a car, but against a $50.00 game, it sure does)

Perspective I guess.
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Old Jan 9, 2004 | 09:06 AM
  #35  
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Do your math.
What % is $200 out of $30000 and what is 50 out of 250.
Where is your next Mitsu dealer?
Is it next door?
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Old Jan 9, 2004 | 09:08 AM
  #36  
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Good points.
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Old Jan 9, 2004 | 09:53 AM
  #37  
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From: FL
Originally posted by cannyboy
And what choice do they have??
They are not exactly going to increase in value out there.
This is why Mitsu should be offering 2000 cash back on 03s right now. I can guarantee the dealer will not sell you an evo at a loss.
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Old Jan 10, 2004 | 11:41 AM
  #38  
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From: Pearland, TX
Originally posted by NyQuilDriver


Apologies to the author, but I laughed when I read this quote. I do feel special and I do feel entitled to dealer's cost. I do all my own research on the car I'm buying, and I find the car. When I walk onto a lot, all I need the salesman to do is hand over the keys, take my money, and keep his mouth closed. Why they feel entitled to a couple hundred dollars profit for that is beyond me.
I don't know what you do but in that case if I do my research and come to your employer ready to "hand over the money and take the keys" then he shouldn't pay you?

Just because you come in having researched and are a more informed consumer doesn't mean there isn't still work for the salesman to do, both before and after the sale, both seen by you and unseen.

You sound like a CSI nightmare and the one everyone tries to split with someone offering the front end so it kills their CSI.

Last edited by LDB; Jan 10, 2004 at 12:04 PM.
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Old Jan 10, 2004 | 12:02 PM
  #39  
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From: Pearland, TX
Originally posted by boonielander


LDB,
I would still like to hear what you think about dealers that sell over MSRP. Do YOU think that it’s fair to consumers? Would YOU pay over MSRP for a car?

You’re asking us to take pity on car salespersons and allow them to make some money on a sale. I would agree with that, except that there are enough ignorant consumers making mediocre deals to pay their paychecks.
Eddie.
I personally don't like ADM and wish it didn't happen however it is a fact of life. I currently sell cars for a living so if any were sold with ADM that would be some advantage to me. We don't do that at our store and I'm glad.

I work for my customers. I don't attempt to load them up with extra stuff they don't need. I try to figure out which vehicle takes them up to the level they need or want to be at without exceeding it. I have customers that come from Austin and Dallas because I take care of them.

The product I sell is an excellent product. At MSRP it is a good value and a good buy. Below MSRP it is excellent. I am fortunate to office in the Subaru store and have the Mitsu store about 100 yards south of me and Honda on the other side of the Mitsu store so I have three of the best products to offer.

Just because someone comes in and buys at the first pencil, the mediocre deal as you would call it, doesn't mean I should drop to invoice and basically no money for you when you come in next.

Let's flip the coin. What do you do for a living? How are you compensated? Why shouldn't I get what you offer for way less? If you are a $300 hourly attorney and you just finished with a client billed 20 hours then why can't I have an hour of your time for my question and I'll hand you a $20 bill? Come on now... you just finished the Turner's bathroom plumbing rebuild for $4500 so why can't you redo my kitchen sink drain for a quick $50? You just sold 50 sewing machines to the school for their lab at $400 each so why can't I get one from you for $250?

The point is that everyone goes in expecting the car salesperson to let them hit a homerun at his expense when in their own profession they wouldn't even let anyone up to bat much less get a hit.
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Old Jan 10, 2004 | 12:22 PM
  #40  
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Could not put it better.
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Old Jan 10, 2004 | 12:55 PM
  #41  
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Originally posted by LDB

The point is that everyone goes in expecting the car salesperson to let them hit a homerun at his expense when in their own profession they wouldn't even let anyone up to bat much less get a hit.
A very good point and well written. What occurs to me tho is that with the net we have seen an evolution of how cars are bought or can be bought. It is a more agressive biz these days. The net allows buyers to play dealer against dealer against online car vendors. I know that if one dealer will not adjust the price to what I want another will.

Is it wrong, no. IMO if a dealership out there wants to skip the BS that has always been associated with buying a car, give me a damn fair price without haggling, I'm all over it white on rice. In the past I HATED buying cars. The sales manger would make me wait while they played stupid mind & number games. The hell with that, I'm not some dumb schmuck that wants to be played like a violin. Give me the bloody car for invoice + $100, fill the paperwork and let me sign it.

As the say in my company what you then have is a net promoter, someone who was VERY happy wth the process and will RECCOMMEND that dealer ship later. I mean how many dealeships do we have that we boycott as opposed to support.

The MOST common thing we hear about dealerships is how efffed up they are not how good.

Just my opinion

Last edited by N2BOOST; Jan 10, 2004 at 06:46 PM.
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Old Jan 10, 2004 | 02:46 PM
  #42  
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Like I posted earlier, it was a big mistake for car dealer (but great benefit for the buyer) for car inventory to be posted on the net. How is a dealer going to be able to move cars at a good price when anyone with a computer can print out an inventory report complete with vin numbers.

I can't imagine how dealers are going to move large inventories of 2003s at this point. On the other hand, if the dealer is stuck with inventory because they were trying to price gouge earlier in the year, then they deserve to lose money on the cars.

And for the salesman, if you choose to work for a dealership with questionable business practices then you deserve to suffer as well.
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Old Jan 10, 2004 | 05:33 PM
  #43  
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Originally posted by N2BOOST

The net allows buyers to play dealer against dealer against online car vendors. I know that if one dealer will not adjust the price to what I want another will.

Give the bloody car for invoice + $100, fill the paperwork and let me sign it.

As the say in my company what you then have is a net promoter, someone who was VERY happy wth the process and will RECCOMMEND that dealer ship later. I mean how many dealeships do we have that we boycott as opposed to support.

The MOST common thing we hear about dealerships is how efffed up they are not how good.

Just my opinion
That happens quite often unfortunately. It would be nice if someone could and would go to their nearest dealer willing to pay 2% over invoice. They'd be getting a fair deal that also gave the store a fair deal and everyone could go home happy.

The problem is that no one is happy to get a fair deal. They have to worry they paid a hundred or two too much, which over the lifetime of the vehicle amounts to a soda a day. Of course, while chasing down that last little bit they'll expend enough time, gasoline, aggravation etc. to more than offset what they saved compared to going in to their local guy and offering 2%.

Now if the local guy is too stupid to take the 2% that's another matter. Other than a grocery store there isn't anywhere else that will operate on a 2% margin but for car sales that isn't bad for both sides.
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Old Jan 10, 2004 | 11:51 PM
  #44  
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I talked to the guys at Sports Mitsubishi her in the Central Floida area at the end of 2003 (Dec 30th I believe). They told me they would sell me a 2003 Lancer Evo VIII with no dealer markup, and $2000 off of MSRP.

What I would really like would be the 0% APR as well that they were offering on all of their other cars.

Last edited by brentil; Jan 10, 2004 at 11:55 PM.
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Old Jan 11, 2004 | 06:06 AM
  #45  
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Originally posted by brentil
I talked to the guys at Sports Mitsubishi her in the Central Floida area at the end of 2003 (Dec 30th I believe). They told me they would sell me a 2003 Lancer Evo VIII with no dealer markup, and $2000 off of MSRP.

What I would really like would be the 0% APR as well that they were offering on all of their other cars.
Justa little FYI, I know for a fact sport will let them go for 28 flat, and fountain will let them go for the same.
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