Car buying advice needed - Home Brew Forums

Register Now!
Home Brew Forums > Home Brewing Community > General Chit Chat > Car buying advice needed

Reply
 
Thread Tools
Old 12-12-2008, 05:46 AM   #1
aliu630
Recipes 
 
Nov 2007
Irvine, CA
Posts: 138


I'm looking into getting a new car...specifically a midsize pick-up truck. I went to the dealership to just browse around today ended talking briefly to a salesman about prices. My problem is, I'm not sure what would be a good deal. I know that I should be able to get it below MSRP but I just don't know how much lower is reasonable. The auto industry is struggling so I figure I should be able to find an amazing deal. My previous car I had brand new I was able to get it for $2k less than MSRP OTD. The Tacoma that I've been looking at has a factory cash back for $2000. Should I bring that up to the salesman before or after I settle an OTD pricing? Any information on determining what an invoice pricing is for a car? Any other advice also would be appreciated. TIA

 
Reply With Quote
Old 12-12-2008, 06:38 AM   #2
Scotty_g
HBT_LIFETIMESUPPORTER.png
 
Scotty_g's Avatar
Recipes 
 
Mar 2007
De Pere, WI
Posts: 364
Liked 13 Times on 12 Posts


First off, visit New Cars, Used Cars, Car Reviews and Pricing - Edmunds.com. I've looked at their site for the two new cars I've purchased and it's a good resource.

One thing I've come to think is that you *can* buy cars the old fashioned way (go in to "your" dealer", pick out a car, and write the check out for what they want--perhaps after playing games with the salesperson). However, the internet has made it a lot easier for customers...you can find out what their invoice price is plus incentives, find out from other buyers what they paid (to find the "going rate"), find better deals (I bought my car in WI, then saved hundreds buying an extended warranty from a dealership in RI--same thing, even!), etc.

My strategy was to pick out the car I wanted through research and test drives. Then start pounding the emails, phone calls, and visits to local dealers. I contacted most of the Honda dealers within 150 miles. I ended up grinding on several of them and saved about $3k from the "local" dealer, and only had to travel ~45 miles to get the car.

One thing to consider--whoever you spend the most time with *has* worked the hardest...I felt they deserved the chance to make me the final offer. No matter what your opinion of car salesmen is, they are still out to make a living (and if you've done your research they probably can't screw you over).
__________________
Natural 20 Brewery

Yes, that *is* beer. Water, malt, hops, and yeast mean it's beer. Go ahead and try a glass...

 
Reply With Quote
Old 12-12-2008, 12:23 PM   #3
Brutus Brewer
Recipes 
 
Jul 2006
Upper Sandusky, OH
Posts: 454
Liked 8 Times on 6 Posts


Pay cash for whatever you get.

 
Reply With Quote
Old 12-12-2008, 01:23 PM   #4
nealf
 
nealf's Avatar
Recipes 
 
Jan 2008
Hiram, GA
Posts: 1,350
Liked 7 Times on 7 Posts


If it were me I would only buy from individuals because you get a much better deal most of the time... Also, they don't have a "cost of goods sold" like car dealers meaning you can often talk them down even more.

I bought a car a couple of months ago on Craigslist that was $2500 below the blue book private sale price because the owner just wanted it out of her driveway. Make sure you get it checked out by a mechanic you trust though.

Consider paying cash as Brutus Brewer said... Auto dealers make all their money in the repair shop and the finance booth; if you stay out of those then you will get out of there with more cash in your pocket.

Just my $0.02, good luck on your search... now is definitely a good time to buy!

 
Reply With Quote
Old 12-12-2008, 01:29 PM   #5
RC0032
Recipes 
 
Aug 2008
Chicago
Posts: 1,133
Liked 16 Times on 13 Posts


Find a forum for the tye of car/ truck you want and research there. They will have a better idea of pricing etc.

 
Reply With Quote
Old 12-12-2008, 01:38 PM   #6
The Pol
Recipes 
 
Feb 2007
Posts: 11,454
Liked 96 Times on 81 Posts


I never buy new... depreciation doesnt sit well with me... so I have no idea.

 
Reply With Quote
Old 12-12-2008, 02:05 PM   #7
Homercidal
Licensed Sensual Massage Therapist.
HBT_MODERATOR.png
 
Homercidal's Avatar
Recipes 
 
Feb 2008
Reed City, MI
Posts: 30,913
Liked 4858 Times on 3274 Posts


I've seen some pretty insane deals on new trucks the past year. $8000 or more off. Since gas prices are down that might not be the case, but I know the dealers are hurting for sales, and used cars are not.

 
Reply With Quote
Old 12-12-2008, 02:06 PM   #8
Homercidal
Licensed Sensual Massage Therapist.
HBT_MODERATOR.png
 
Homercidal's Avatar
Recipes 
 
Feb 2008
Reed City, MI
Posts: 30,913
Liked 4858 Times on 3274 Posts


Quote:
Originally Posted by The Pol View Post
I never buy new... depreciation doesnt sit well with me... so I have no idea.
+1 I'd have to be very well off to think about buying new. Well off enough that if I crash it the first week I might get mad, but the loss in depreciation wouldn't affect my budget.

I'd get me a Dodge Challenger...

 
Reply With Quote
Old 12-12-2008, 02:09 PM   #9
imaguitargod
Recipes 
 
Oct 2008
Local Mind Expander of Cleveland, OH
Posts: 1,002
Liked 10 Times on 8 Posts


Always buy used cars. I've never had to spend over $500 for any of my cars and most of 'em have been great. I've never understood why people rent to buy new cars? They aren't worth didly right when you drive them off the lot and your stuck hoping to pay the car off in twenty years with monthly payments (yes, I'm exagerating a bit, but you get my point). Buy a used one and it'll be YOURS right then and there and if your smart about it, it'll last you a long time.
__________________
Brewer for Hoppin' Frog Brewery.
"I am not an alcoholic, Iím a drunk. An alcoholic means that I have a problem and when I drink all my problems go away."

 
Reply With Quote
Old 12-12-2008, 03:39 PM   #10
The Pol
Recipes 
 
Feb 2007
Posts: 11,454
Liked 96 Times on 81 Posts


I spend between 5k and 10k on used vehicles. Smart shopping and knowing a thing or two about the auto you are going to buy will steer you clear of lemons and high maintenance bills. That being said, I can drive a 5k-10k car for 5-10 years... so, for about 1,000 a year I have the convenience of not having to wait for a bus.

So I just spent 10,000 cash on a car that I will drive for 10 years... my neighbor lost about 10,000 in the first 6 months on his new truck (which he will not keep for more than 5 years). Guess who has no debt and a fat retirement fund? Guess who is passing on a legacy of being debt free in all respects to his children and grand children?

I respect anyone that does thier research and due dilligence if they have thier heart set on a NEW vehicle. That sayes a lot about you, even if you are still willing to pony up the $$ to buy new. There are many people that go to a car lot to "look" and come home with another $200-$400/mo. payment. Right now is a sweet time to buy new, Id pay cash, that will get you a better deal, and I would make those suckers work like crazy to sell you anything. Take full advantage of the fact that they are hurting...

 
Reply With Quote
Reply
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying a Wii. Need advice! FireBrewer General Chit Chat 102 07-15-2009 12:49 PM
Advice on Buying a Kegerator Cistercian Equipment/Sanitation 6 10-30-2008 01:37 PM
Help buying gear needed Yorg Equipment/Sanitation 1 07-01-2008 06:42 PM
Buying equipment advice Duluz Beginners Beer Brewing Forum 1 10-30-2007 08:10 PM
AG buying questions / opinions needed 67coupe390 All Grain & Partial Mash Brewing 34 12-26-2006 09:28 AM


Forum Jump