Pull the Trigger, or not?

[JHZR2]

This is true, but someone who is truly careful with their money generally either cannot stand to buy such a pricey car because of the fact that they have to depart with so much that could be doing more for them invested elsewhere (remember, a car isnt an investment at all).

Additionally, people who are good and reasonable with watching their money, should they actually desire to spend such a sum, generally would be reasonable enough to understand that the salesman needs to make a few dimes too.

Finally, being so price conscious on what is an inefficient, expensive high end car is counterintuitive. Wanting a good deal is human, but this car is not a cheapskate's car, else they would be driving either the ES or an MB diesel. It tells me that it is a real stretch to buy this car. The fact that they wanted an ES before tells me this as well. This car is wanted for the showoff factor, but since the real deal can't be had, they settle for at least the shell.

Then again, Im just postulating... Perhaps Mike can give us some insight.

JMH

 

[The Critic]

I'll keep you guys updated. He's test driving the GS again tomorrow.

He's having me help me him with the bargaining as he thinks that I'd do a better job.

 

[surfstar]

My dad does concrete for a living; he says the stingiest and slowest customers to pay are the ones with the most money.


Buy it already. If that's what he's looking for, get it. If not, find the one he wants. $400 is ~2 months of gas for me

 

[Pablo]

You are freshman in college and you are buying a $40,000 car?

Cool.

 

[ShiningArcanine]

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I figured that I ought to start a new thread since it really isn't about an ES350 anymore.

Car is a 2007 Lexus GS350. MSRP is 47,147, listed invoice is 41,300.

I negotiated the price down to 39,900. I'm really pushing for 39,000, but I think the best that the guy will come back with is 39,500.

Should I jump on it or not? (Car is for someone else) Dealers in Southern California won't go below 39,500. Should I wait it out? As far as I know, there isn't another 2007 GS350 equipped in the same configuration, in the same color, in California.

Thanks.

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Don't cave in to dealer demands!...I often wished manufacturer's sold their cars direct...sometimes it bothers me people make a living off of selling a car for more than it's worth!...the guy selling the car can make more than the people building them!...tell your buddy to buy a Honda Fit and put the rest of the money in a mutual fund...then someday he'll be able to buy a Lambo...or at least a Viper...

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If they sold direct, I wonder if they would either charge one set, non-negotiable price, namely the manufacturer's suggested retail price, plus the destination charge or pass the savings that comes from eliminating the dealer onto its customers and charge far less for the cars than anyone ever would have been able to purchase it with the dealership acting as a buffer. It would be nice to see Toyota switch over to a Dell-like website for selling cars and phase out the dealer sales departments, although I doubt they would do that. It is too great a risk and they are very comfortable right now. It would take a new car company like Tesla Motors to do something like that. I believe Tesla Motors actually is doing something like that.

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Don't cave in to dealer demands!...I often wished manufacturer's sold their cars direct...sometimes it bothers me people make a living off of selling a car for more than it's worth!...the guy selling the car can make more than the people building them!...tell your buddy to buy a Honda Fit and put the rest of the money in a mutual fund...then someday he'll be able to buy a Lambo...or at least a Viper...

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He has an offer for $1400 below invoice. How is he caving in? That salesman is making maybe a few hundred dollars on a $40,000 deal so if he keeps pushing, he is really pushing for the salesman not to make any money at all on the deal. That's pretty messed up no matter what business you're in.

But I do agree on the selling direct part. I think in the age of the internet, the auto business needs to just fix a price rather than continue to do this haggling game using salesman. Doing it the old way will just continue to breed bad will between consumer and auto dealers.

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If the dealer will dip into its dealer holdback funds and sales incentives, the salesman will still make money and he could save the $900.

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My dad does concrete for a living; he says the stingiest and slowest customers to pay are the ones with the most money.


Buy it already. If that's what he's looking for, get it. If not, find the one he wants. $400 is ~2 months of gas for me

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How do you think they would have acquired so much money if they were willing to pay whatever price people asked of them?