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hi


You are replying to:
empty net
Posted 3/19/2008 2:08 PM (#308373 - in reply to #308361)
Subject: RE: buying a new vehicle???


I use to own a car dealership, I can assure you if you show true intent on buying a product "right now" they will gladly negotiate. A new general motors vehicle will roughly have 12% markup from list price to invoice price. From that there is roughly a 7% margine below invoice called "holdback" this is supposed to go to the dealer for booklets,promotionals,etc. on certain vehicles there are promotions from the manufacturer like 0% financing, or a rebate for buying outright. Now keep in mind, if you will be servicing with the dealer, be fair,so he can take care of you. profit is not a dirty word. you go to work everyday just like they do. in fact, most dealers donate a lot of money to organizations in the community. remember everyone wants a piece of the pie. fair should be on both sides of the deal.

P.S. some dealers charge a "doc fee" so know this before you make a offer as to how much that is. a lot of internet sellers put this on top of the final price, be carefull.

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