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Shop Till You Drop! Yeah. I know you're not supposed to shop online using company resources. But, if you're going to do it, you may as well save some money.

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Old 06-23-2003, 03:54 PM
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Automobile sites

Have any of you used an auto website when purchasing a new vehicle?

I am trying to work out a terrific deal for a new car, and want to check all options (other than the local dealers) for price quotes.

If you have any good/bad experiences that could assist me, please pm me or email me.

I appreciate your assistance. (I don't really know the names of these companies, otherwise I would read some reviews on eps.)

Thanks.
 
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Old 06-23-2003, 04:27 PM
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My last two vehicles I bought as pre-owned program vehicles (02 Grand Cherokee, 02 CLK) because we needed two new and wanted to save $$.

We have a site: http://www.autolocal.com that was very helpful because I could compare similar vehicles at different dealerships and even do a lot of the paperwork on line before I ever went to the dealer...

Did not use Epinions as I have no idea of any of the reviewers have ever touched the vehicle they wrote about.
 
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Old 06-23-2003, 04:28 PM
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Re: Automobile sites

Thanks, I will check this out!

Quote:
mnehr said
My last two vehicles I bought as pre-owned program vehicles (02 Grand Cherokee, 02 CLK) because we needed two new and wanted to save $$.

We have a site: http://www.autolocal.com that was very helpful because I could compare similar vehicles at different dealerships and even do a lot of the paperwork on line before I ever went to the dealer...

Did not use Epinions as I have no idea of any of the reviewers have ever touched the vehicle they wrote about.
 
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If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties.
- Sir Francis Bacon



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Old 06-23-2003, 04:29 PM
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Re: Automobile sites

I bought a used car from a local car dealer with the help of www.autobytel.com -- I believe they also do new car sales.
 
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Old 06-23-2003, 04:31 PM
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I just checked and it looks like autolocal.com only covers TX, OK, NC, and FL
 
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Old 06-23-2003, 05:02 PM
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The reputable buying services online will direct your inquiry to a local dealership with the understanding that they'll offer you a good deal. The pricing still comes from the dealer not the service. The services that are not reputable don't work on anyone's behalf besides themselves. Beware.

You can do all the work of a buying service yourself by doing a little research and crunching some numbers.

Go to http://www.edmunds.com and look up the invoice prices on the exact vehicle you're interested in, including the addition of any option equipment you want. Sometimes you have to buy option packages. Make sure you account for the total cost.

Then use the site to find out what percent of the manufacturer's advertising cost you pay for. Yes, you pay for it and it's non-negotiable. It's generally 2-4% depending on your region. Add that to your total.

Look for any rebates and/or incentives that may apply to the vehicle you're interested in. Take note of expiration dates. You have to take delivery of the vehicle before the rebate expires. Placing an order is not good enough.

Next, visit your dealership with that number in mind. See if they have the exact vehicle you priced, including all the options as you selected them. If they do, great. If not, find out how the unit they have differs from what you figured on and go back home and recalculate based on the options in that vehicle. That gives you a baseline to go by when you figure what you can or can't afford. It also ensures that you don't make an emotional buying decision you might regret later.

When you've landed on the vehicle for you, offer the dealer $300 over the invoice price. Unless it's a high demand vehicle, they'll let go of it with this profit margin and you can be sure your getting a fair deal. If it's the end of the month, when dealers are more desperate to make quotas you might be able to go as low as $200 over invoice. But, that's tougher to pull off.

Make sure they apply any rebates you're entitled to. And, absolutely, positively watch what you say "yes" to when you meet with the Finance Manager. His/her job is to add on as much as possible to your bill. A pro will do this without you even realizing it. Read your contract carefully before you sign.

Sara
Who has learned a thing or two about auto retailing
 
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Old 06-23-2003, 10:22 PM
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Thanks a million for the site information and for site links!

Sara, I appreciate all of you details too.

My husband's family used to help a car dealer floor plan, and we have a bit of working knowledge that we can use to our advantage.

I was hoping there were sites that would give you a great deal, better than a local dealer. (Dreaming, aren't I?)

I thought maybe, like e-loan or some of those sites, they would get you a bottom dollar price and you don't have to haggle with salemen pulling the "let me talk to my manager to see if they'll accept his" jazz.
 
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If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties.
- Sir Francis Bacon



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