Used car prices

[Spammy]

Originally Posted by fiestaz

Ahh no... I’m happy to negotiate. But if I were to get an offer like you suggested, the conversation would be over quickly and rudely.

Your $23k budget, means you should be looking at cars around $25k and less. No one in their right mind would drop nearly a third off their asking price just because you said it’s more than a dealer would pay them.

So yes, you are one of those buyers. One that thinks there money is worth so much more than everyone else’s.

Edit: I truly hope you do not go to look at and drive a car to then put in an offer like that, especially in this climate. Atleast give them the opportunity to reject it over the phone before wasting their time.

No sane person pays $23k for a used car advertised at $25k.

[fiestaz]

Originally Posted by Spammy

No sane person pays $23k for a used car advertised at $25k.

Good luck with that.

[GasoLane]

Originally Posted by Spammy

No sane person pays $23k for a used car advertised at $25k.

Playing the devil's advocate here but if you were selling a car for $30k would you take $23K?

[Spammy]

Originally Posted by GasoLane

Playing the devil's advocate here but if you were selling a car for $30k would you take $23K?

Depends on circumstances, years ago I was transferred overseas on short notice and the company was footing all my relocation expenses. I sold my car for way less than it was worth because I really didn't care and I just wanted it gone and I was reimbursed for the lease payout difference.

As someone said before. You don't know unless you ask. I'm not rude when I make offers, I just state upfront that I'm a serious buyer with cash and I can deal right away.

For what it's worth I buy houses the same way and in uncertain economic times buyers are king.

[98TLS]

Originally Posted by Spammy

Depends on circumstances, years ago I was transferred overseas on short notice and the company was footing all my relocation expenses. I sold my car for way less than it was worth because I really didn't care and I just wanted it gone and I was reimbursed for the lease payout difference.

As someone said before. You don't know unless you ask. I'm not rude when I make offers, I just state upfront that I'm a serious buyer with cash and I can deal right away.

For what it's worth I buy houses the same way and in uncertain economic times buyers are king.

Never quite got the "ive got cash" thing,spent 5 years of my life working for a Toyota dealership and another two at a Ford outfit and did hear that very thing on numerous occasions though never did work out what exactly i was supposed to do upon hearing it wasnt going to change a thing so "i havent got enough cash" a far more suitable comment followed by a walk to the finance dept ive heard the same "ive got cash" comment when selling my own cars over the years and again never worked out wtf i was supposed to do upon hearing it possibly along the way ive missed something but ive yet to accept anything else as payment for anything.

[SumoDog68]

Originally Posted by 98TLS

Never quite got the "ive got cash" thing,spent 5 years of my life working for a Toyota dealership and another two at a Ford outfit and did hear that very thing on numerous occasions though never did work out what exactly i was supposed to do upon hearing it wasnt going to change a thing so "i havent got enough cash" a far more suitable comment followed by a walk to the finance dept ive heard the same "ive got cash" comment when selling my own cars over the years and again never worked out wtf i was supposed to do upon hearing it possibly along the way ive missed something but ive yet to accept anything else as payment for anything.

Continuing on a thread about cash power , when they say "waving cash" as if it has hypnotic qualities. Cash used to mean a simple transaction but now it is a hassle - need to carry it ,count it , secure it , bank it , disinfect it ..
23k for 30k car if car is priced fairly and car is lovingly maintained won't fly . Maybe you get a clever seller that will drop price that much and car is cut and shut example or a person is in dire hardship . Do you really want that on your conscience ?

[whynot]

Originally Posted by 98TLS

Never quite got the "ive got cash" thing,spent 5 years of my life working for a Toyota dealership and another two at a Ford outfit and did hear that very thing on numerous occasions though never did work out what exactly i was supposed to do upon hearing it

Perhaps it was a signal to stop wasting the buyers time by trying to talk them into Factory Financing? If only there was a similar off switch for dealer extended warranty, paint protection, fabric/leather protection, etc.

[Spammy]

When I say I'm a cash buyer, I mean I have the funds in the bank to settle the transaction today, not next week once I've sold my boat / borrowed the money from my mum/ won lotto or whatever.

The thing everyone is missing is the fact a million people out of work, and those with a job are being careful with their money.

Just because someone advertises a car for $30k nowhere does it say it's worth $30k.

[roKWiz]

Originally Posted by Spammy

When I say I'm a cash buyer, I mean I have the funds in the bank to settle the transaction today, not next week once I've sold my boat / borrowed the money from my mum/ won lotto or whatever.

The thing everyone is missing is the fact a million people out of work, and those with a job are being careful with their money.

Just because someone advertises a car for $30k nowhere does it say it's worth $30k.

Wonder if everyone here takes the same high moral ground buying houses.

I don't see the problem with a guy with cash wanting to get a car at a price he wants to pay.
Don't think I ever got upset cause someone thought my quote was to high, always considered it was their loss.

[98TLS]

Originally Posted by whynot

Perhaps it was a signal to stop wasting the buyers time by trying to talk them into Factory Financing? If only there was a similar off switch for dealer extended warranty, paint protection, fabric/leather protection, etc.

Really? can honestly say i never once tried to talk anyone into finance, no skin off my nose how they paid for the car nor any financial gain personally it was simply back then $250 retainer weekly and $200 a car,considering it was back in the 90s and give or take 18 cars a month was normal it was good coin,changes nothing, fronting up with "ive got cash" at a dealership means sfa and as i posted earlier means sfa whenever ive sold anything privately,someone says "ive got cash" really, as opposed to what gift vouchers?

[FTE217]

Originally Posted by 98TLS

Really? can honestly say i never once tried to talk anyone into finance, no skin off my nose how they paid for the car nor any financial gain personally it was simply back then $250 retainer weekly and $200 a car,considering it was back in the 90s and give or take 18 cars a month was normal it was good coin,changes nothing, fronting up with "ive got cash" at a dealership means sfa and as i posted earlier means sfa whenever ive sold anything privately,someone says "ive got cash" really, as opposed to what gift vouchers?

98TLS that is your own experience and pov.....
Whereas talking back in the '90's bank loans/finance weren't handed out left right centre as it developed into the 00's onwards.
Most (if having the liquid) offering cash to sharpen the pencil I doubt many Salesmen say no don't bother, it was hang on let me check with the Sales Manager not talking a private sale but the same applies re a final figure.
Most have said and another thread, IF you got the cash on hand most sellers will agree to a sharper agreed deal. DD for others inclined, the point is having the liquid either way you'd expect squeezing the best you can for yourself.
Being the shopper you as my Salesmen in the dealership, you've lost my deal.

[Franco Cozzo]

Originally Posted by GasoLane

Playing the devil's advocate here but if you were selling a car for $30k would you take $23K?

Yes because I advertised it at $30K expecting low ballers and wanted $23K for it then I 'negotiated' down

Always advertise it for a couple thousand higher than you want because it gives you 'negotiation' room.