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Posted

Not a dealer but a car junkie who buys at least one car a year for the past 20 years.

 

My observation is dealer margins on new car retail has narrowed greatly. That being said, the deals come by being diligent to factory programs (some regional) that are not widely known.

 

Ford for some reason is easier to know and figure out. GM is more difficult to discern. Ford also swings more in the dealer money. I was over $17k off sticker on my 2014 Expedition EL Limited.

 

All that being said, I bought Jan 31st and was right at $10k off on a Crew Cab LTZ Z71 4x4 all options.

 

Just remember, the dealer has +\- 3% holdback plus whatever he sells over invoice. The big discounts come from rebates and such as the manufacturer has the largest margins to draw from.

  • 2 weeks later...
Posted

There's a local dealer in our city taking $10k off the MSRP of all 2014 Crew Cabs in stock. Still not enough for me!

Posted
There's a local dealer in our city taking $10k off the MSRP of all 2014 Crew Cabs in stock. Still not enough for me!
if 10k off isn't enough you really aren't in the market to buy....

 

 

Sent from my iPhone using Tapatalk

Posted

You are correct. I also have $3500 in GM rebate earnings too. An equivalent pickup to my 07 Classic is $39,500, so that equals $26,000 out of pocket vs the $18,500 I paid for my truck. I'm sticking with the ideal that the cheapest vehicle you can own is the one you have now!

Posted

Where is the pest place to find what the dealer invoice is and the holdback figure?

Ask the dealer, they will tell you. And make sure they show it to you on paper.

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