Illinois Auto Repair Shops

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IL Car Consumer Discussions

Re: [oldfarmer50]
by golic on Mon Dec 01 09:40:02 PST 2008
I just can't believe that there are that many people with "hot pants" who run out and buy a car without any research. How does this surprise you? Most people have no idea who the current vice president is? You also forget, there is a "large" segment of people who are payment buyers. They couldn't tell you the cost of the car or the interest rate - all they know is they bought that car for $275 per month (and probably 72 months - but they don't realize that). I don't blame anyone for this....it's just how people are.
Re: EX-L with RES, AWD [fornov]
by golic on Mon Dec 01 08:22:43 PST 2008
Couple of thoughts: Dealers make money on financing. If they finance you at a bank, they get some sort of fee for set up the finance. One way to counter this, is to ensure there are no prepayment penalties. It will cost you about $100 p/m to finance 30K at 3.9%. So, if you are getting an extra $500 off to finance, then take the financing and pay off the note after 30 days. This will save you $400. As mentioned, don't bring up the trade in, until the very end. What I would always do prior to car shopping is take my vehicle to a carmax and get an appraisal, They are often good for 7 days or 500 miles. This way I had a benchmark. If the dealer was too low, I would tell them no thanks - I had a firm offer elsewhere. Remember though, you do save some coin by trading the vehicle in, as most states will charge sales tax on the net of the purchase price and the trade in. So know your sales tax rate.
Re: ADM [dino001]
by golic on Mon Dec 01 08:06:58 PST 2008
Hey, if a a certain dealer in town believes he can put out ADMs on cars that are not in demand then more power to him. Don't fault them for taking advantage of a segment of customers who have not done their own research. You have every right to see the lunacy and move on, just don't get offended over capitalism. The way I look at it, if it weren't for people overpaying, it would be alot harder for the "educated consumer" to get great deals. I can get quotes from contractors for the same job that span 5-10K swings. I don't get angry, I just compare the line items and tell them no-thanks.
Re: [rogeliov]
by snakeweasel on Mon Dec 01 04:54:23 PST 2008
It is one thing to have an ADM on a hot car like the ones obyone had mentioned. Its another thing to do so on a run of the mil car that everyone else was selling at sticker or below. Why in the world should I sit across from someone who is starting at $20K when I can drive a few miles and sit across from someone who would start at $16K?
Re: [rogeliov]
by snakeweasel on Sun Nov 30 20:47:53 PST 2008
In that case he should have said: "Based on my research a car like this should sell for $xxxx.xx Yours is overpriced in mho." and go from there. Alex could have come back with: "I might be able to lower the price provided the car meets your expectations and you will consider buying it." It could very well have been priced so high that the customer might have thought that he could not have negotiated a reasonable price. Until we get more information on the car and its price we can't say for sure. A few years ago when Suzuki came out with the SX4 someone was on one of these boards praising the car. So I thought I would drop by the local Suzuki dealership to get a look at the car since we were discussing it. Believe it or not on a $16K Suzuki they had a $4K ADM on it. If I were interested in the car I would have looked at that and walked away. Just way to much difference between what I would have paid for the car and what they were asking. Why go into a negotiation that I knew had little chance of resulting in a deal? This could have been a situation like that.
Re: Snake, where are you? [isellhondas]
by snakeweasel on Sun Nov 30 20:40:23 PST 2008
And?

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