Sunday, January 1, 2012

Can I negotiate the price on this used car?

I want to purchase a car valued on KBB for $9500. The asking price at this really small used car lot is $9900. I looked up there location, and they are an hour drive from my home. To my surprise the car I wanted was visible from Google maps street view, so its been there almost a year in there lot. I was just wondering if I stood a chance of negotiating them down to $8000 before tax/paperwork. Would this be an insult if I offered this $1900 less than they are asking?


I really want this car, but I'm tighter with my cash,. So, I wouldn't hesitate walking away, I just don't want to spend the gas driving down there if its a pointless bargain.|||Everything is negotiable. The standard starting price when negotiating a sale should be 20% off the asking price so a $1900 discount on a $9900 car is normal operating procedure not an insult.





BUT, before you take the drive to the dealer call them and ask about the car, start asking your questions now, not after you've driven 60 miles down the road only to find out the seats are all torn and the engine isn't original. You'll need to check the car over really good, take it for a long test drive (no around the block and back rides) and then decide if the car is worth making a bid on.





Don't waste your time or the dealers making an offer if you have no intentions of purchasing the car.|||You can negotiate ANY sale price... even for a brand new car. Just don't expect the dealer to jump to accept the first offer you make, and remember that they are much more experienced at bargaining for price than you are. Also, if you do end up buying a car, make sure the terms of the contract are written down before you agree to them. Any promises the dealer makes do not exist unless they are on paper.|||Absolutely! If this used car trader hasn't moved this car on in a year believe me he'll bite your hand off for $8000 and if he doesn't then he will probably go out of business. Most bona fide car dealers have a 60-90 day stock aging policy which means if they haven't sold the car in that time it goes even if that means making a loss. the reason for this is that the space taken up by the car could be used by a different vehicle that sells for a good profit. It's a simple business principle.

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