Need help from a car salesman
#77
Wow, didn't think that would be controversial. No, I mean, and I'm talking about me and my opinion... that my car is worth more to me (fun to drive, etc) than it is to someone else (financially.) I'll drive this car until it's 10 years old because what I could get for it in dollars won't equal what I get out of it in enjoyment.
Make more sense?
Make more sense?
#78
If you want to buy something that will be worth something in 4 years try stocks.
#79
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yes but you will pay out of the butt for the convenience of leasing. It's cheaper to own these days. And did you know you will pay for every little scratch ding, chip, exterior and interior that they can find and they will deduct it from your lease deposit. You will pay. Yes you will.
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#80
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Wow, didn't think that would be controversial. No, I mean, and I'm talking about me and my opinion... that my car is worth more to me (fun to drive, etc) than it is to someone else (financially.) I'll drive this car until it's 10 years old because what I could get for it in dollars won't equal what I get out of it in enjoyment.
Make more sense?
Make more sense?
#81
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Wow, didn't think that would be controversial. No, I mean, and I'm talking about me and my opinion... that my car is worth more to me (fun to drive, etc) than it is to someone else (financially.) I'll drive this car until it's 10 years old because what I could get for it in dollars won't equal what I get out of it in enjoyment.
Make more sense?
Make more sense?
That's how I feel. By the time I get rid of it resale will be the same as any other car that sold new in it's day and price range. 10 years should do it.
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#82
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yes but you will pay out of the butt for the convenience of leasing. It's cheaper to own these days. And did you know you will pay for every little scratch ding, chip, exterior and interior that they can find and they will deduct it from your lease deposit. You will pay. Yes you will.![Eyetwitch](https://www.rx8club.com/images/smilies/eyetwitch.gif)
![Eyetwitch](https://www.rx8club.com/images/smilies/eyetwitch.gif)
No again, no treally. Turning in leases these days aren't so bad. Make sure the tires have 3/32's, make sure hte windsheild isn't cracked or noticably chipped, make sure there are no HUGE dents and dings. I jsut turned in my Jeep recently without a jack, a piece of trim in the back was broken, my front left fenderliner was tore up, my front left tire was cupped, I had a cigarette burn in the back seat,there was slack in the drivetrain, it was filthy and there were scratches all over it. My excess wear and tear bill was $0.00.
You don't necissarily pay out the butt for leasing, it depends on where you hit the depreciation curve. For example, my most recent lease was on a $32k sticker Grand Cherokee. Putting no money downa dn rolling $2700 negative in, I paid $368 a month for 39 months, and got rid of it for free. At the time, it was worth about $11k. My buyout price was $16, 600. If I had originally bought it, my original loan amt was about $26k. So, it would have cost me $15k to buy it cash, less depreciation. By leasing it, counting interest, I spent over $500 less. This is in addition to fact that I had 39 months on which to pay that smaller ammount of money. Does it alwyas work out ideally like this, NO. Does it usually work out close, YES. If you are going to get a new car every few years, and can concede the fact that you will have a payment, you will win by leasing. And before I here the high mileage BS, it's still works up to around 25k/yr as long as you design the lease right up front, and factor in how fast yoru car will depreciate.
If you plan to drive a car forever until it's wheels fall off, by all means, don't lease.
#83
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Yea my bad dude, at first it sounded like a smart *** comment but I was on my whole rant so I caught it shortly after. Im just trying to give everyone an insight at what these cars are going for trade wise. This should help people looking at 2004's. Dealerships all own these cars around an average of 11,500 dollars then ask 15-17,500 as the starting price. Im just here on the inside selling cars telling everyone the secrets that they shouldnt know, lol.
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No again, no treally. Turning in leases these days aren't so bad. Make sure the tires have 3/32's, make sure hte windsheild isn't cracked or noticably chipped, make sure there are no HUGE dents and dings. I jsut turned in my Jeep recently without a jack, a piece of trim in the back was broken, my front left fenderliner was tore up, my front left tire was cupped, I had a cigarette burn in the back seat,there was slack in the drivetrain, it was filthy and there were scratches all over it. My excess wear and tear bill was $0.00.
You don't necissarily pay out the butt for leasing, it depends on where you hit the depreciation curve. For example, my most recent lease was on a $32k sticker Grand Cherokee. Putting no money downa dn rolling $2700 negative in, I paid $368 a month for 39 months, and got rid of it for free. At the time, it was worth about $11k. My buyout price was $16, 600. If I had originally bought it, my original loan amt was about $26k. So, it would have cost me $15k to buy it cash, less depreciation. By leasing it, counting interest, I spent over $500 less. This is in addition to fact that I had 39 months on which to pay that smaller ammount of money. Does it alwyas work out ideally like this, NO. Does it usually work out close, YES. If you are going to get a new car every few years, and can concede the fact that you will have a payment, you will win by leasing. And before I here the high mileage BS, it's still works up to around 25k/yr as long as you design the lease right up front, and factor in how fast yoru car will depreciate.
If you plan to drive a car forever until it's wheels fall off, by all means, don't lease.
You don't necissarily pay out the butt for leasing, it depends on where you hit the depreciation curve. For example, my most recent lease was on a $32k sticker Grand Cherokee. Putting no money downa dn rolling $2700 negative in, I paid $368 a month for 39 months, and got rid of it for free. At the time, it was worth about $11k. My buyout price was $16, 600. If I had originally bought it, my original loan amt was about $26k. So, it would have cost me $15k to buy it cash, less depreciation. By leasing it, counting interest, I spent over $500 less. This is in addition to fact that I had 39 months on which to pay that smaller ammount of money. Does it alwyas work out ideally like this, NO. Does it usually work out close, YES. If you are going to get a new car every few years, and can concede the fact that you will have a payment, you will win by leasing. And before I here the high mileage BS, it's still works up to around 25k/yr as long as you design the lease right up front, and factor in how fast yoru car will depreciate.
If you plan to drive a car forever until it's wheels fall off, by all means, don't lease.
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#86
I just shat myself
It seems rather weird to me that in the last 10 years dealerships have literally exploded in size and quantity..
They seriously rival Walmart supercenters in size, and they're always upgrading and building new ones near the freeways..
My nearest Hummer dealer is gigantic and has this hilly dirt track setup, and there's even a Hummer bolted to the roof of the place.
They seriously rival Walmart supercenters in size, and they're always upgrading and building new ones near the freeways..
My nearest Hummer dealer is gigantic and has this hilly dirt track setup, and there's even a Hummer bolted to the roof of the place.
#87
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No again, no treally. Turning in leases these days aren't so bad. Make sure the tires have 3/32's, make sure hte windsheild isn't cracked or noticably chipped, make sure there are no HUGE dents and dings. I jsut turned in my Jeep recently without a jack, a piece of trim in the back was broken, my front left fenderliner was tore up, my front left tire was cupped, I had a cigarette burn in the back seat,there was slack in the drivetrain, it was filthy and there were scratches all over it. My excess wear and tear bill was $0.00.
You don't necissarily pay out the butt for leasing, it depends on where you hit the depreciation curve. For example, my most recent lease was on a $32k sticker Grand Cherokee. Putting no money downa dn rolling $2700 negative in, I paid $368 a month for 39 months, and got rid of it for free. At the time, it was worth about $11k. My buyout price was $16, 600. If I had originally bought it, my original loan amt was about $26k. So, it would have cost me $15k to buy it cash, less depreciation. By leasing it, counting interest, I spent over $500 less. This is in addition to fact that I had 39 months on which to pay that smaller ammount of money. Does it alwyas work out ideally like this, NO. Does it usually work out close, YES. If you are going to get a new car every few years, and can concede the fact that you will have a payment, you will win by leasing. And before I here the high mileage BS, it's still works up to around 25k/yr as long as you design the lease right up front, and factor in how fast yoru car will depreciate.
If you plan to drive a car forever until it's wheels fall off, by all means, don't lease.
You don't necissarily pay out the butt for leasing, it depends on where you hit the depreciation curve. For example, my most recent lease was on a $32k sticker Grand Cherokee. Putting no money downa dn rolling $2700 negative in, I paid $368 a month for 39 months, and got rid of it for free. At the time, it was worth about $11k. My buyout price was $16, 600. If I had originally bought it, my original loan amt was about $26k. So, it would have cost me $15k to buy it cash, less depreciation. By leasing it, counting interest, I spent over $500 less. This is in addition to fact that I had 39 months on which to pay that smaller ammount of money. Does it alwyas work out ideally like this, NO. Does it usually work out close, YES. If you are going to get a new car every few years, and can concede the fact that you will have a payment, you will win by leasing. And before I here the high mileage BS, it's still works up to around 25k/yr as long as you design the lease right up front, and factor in how fast yoru car will depreciate.
If you plan to drive a car forever until it's wheels fall off, by all means, don't lease.
#88
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Quit being a snake. We already know that. The only reason car salesmen are not rich is because the dealers keep throwing thier money back into capital. Dealerships, I swear, they just keep getting bigger and bigger with more volume and many of the owners have multiple mega dealerships. Even thier kids have dealerships and they are only 18 years old. It's big business.
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#89
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How am I being a snake by logging on to this website and telling people if theyre getting a good deal or not and looking up trade in, etc.
Wow, sorry for being a snake everyone, guess I shouldnt have tried to help people out. Like it benefits me in any possible way if someone buys an 04 for 18 grand, whatever dude.
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Give us break. What do you sell a clean 04 GT MT Rx8 for on the lot? Don't tell me your dealership doesn't ask high retail. I won't believe you. You have'nt said anything different than what I've said and I said it first. I'm the one helping others. I don't have to be a car salesman to know whats going on.
#90
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Quit being a snake. We already know that. The only reason car salesmen are not rich is because the dealers keep throwing thier money back into capital. Dealerships, I swear, they just keep getting bigger and bigger with more volume and many of the owners have multiple mega dealerships. Even thier kids have dealerships and they are only 18 years old. It's big business.
You have the same problem as most of my customers, you think you know everything.
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Give us break. What do you sell a clean 04 GT MT Rx8 for on the lot? Don't tell me your dealership doesn't ask high retail. I won't believe you. You have'nt said anything different than what I've said and I said it first. I'm the one helping others. I don't have to be a car salesman to know whats going on.
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#92
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Give us break. What do you sell a clean 04 GT MT Rx8 for on the lot? Don't tell me your dealership doesn't ask high retail. I won't believe you. You have'nt said anything different than what I've said and I said it first. I'm the one helping others. I don't have to be a car salesman to know whats going on.
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#93
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True, but I am a carsalesman and I know EXACTLY whats going on and if this is a pride thing because I repeated something you said than my bad, but dont sit here and call me a snake for explaining to people how it works, because unlike you, some people dont get it so I was trying to explain to them. BTW read the title of the thread and look at my occupation, Gee my bad for telling everyone how a dealership works since Im at one every day![Eyetwitch](https://www.rx8club.com/images/smilies/eyetwitch.gif)
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#94
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C,mon, you don't think we see through this. You told us very little. Try telling them that auction prices are only for registered dealers. Tell them that they can not come on your lot and buy an rx8 for auction prices. Tell them you trade by aution prices but sell at full retail. Tell them no private seller will sell his car(any car) at auction prices unless it's stolen or missing an engine. Tell us how dealers have two separate sets of rules when buying and selling. Tell us how much more profit dealers make than private sellers selling the same car. Tell us how private sellers will always undercut a dealers price by thousands. Tell them aution prices do not set public selling prices. TELL THEM. Your family is not hurting. Some day you will be a dealership owner and so will your son or daughter. Big bussiness.
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C,mon, you don't think we see through this. You told us very little. Try telling them that auction prices are only for registered dealers. Tell them that they can not come on your lot and buy an rx8 for auction prices. Tell them you trade by aution prices but sell at full retail. Tell them no private seller will sell his car(any car) at auction prices unless it's stolen or missing an engine. Tell us how dealers have two separate sets of rules when buying and selling. Tell us how much more profit dealers make than private sellers selling the same car. Tell us how private sellers will always undercut a dealers price by thousands. Tell them aution prices do not set public selling prices. TELL THEM. Your family is not hurting. Some day you will be a dealership owner and so will your son or daughter. Big bussiness.
First of all, let me take a wild stab and say that you are not under 40. If you are, you've listened to your father too long. Most of what I have read from you in this thread is a very outdated version of beat the car guy.... the business isn't liek that anymore.
Of course auction prices are for dealers only, and with good rason. The avst majority of people wouldn't know what to look for or what to pay on the spot.
Of course delaers buy cars at low prices and sell them at higher ones, should that be strange to anyone?
Private sellers profit more as they never put the same reconditioning into a car that a dealer does.
No most often private sellers will not sell their cars at auction prices, and they shouldn't if they go through the effort of reconditioning, advertising and selling the car. If they want to dump a car for cash on the spot, they will likely sell it at a wholesale type price.
Private sellers will often undercut dealers by thousands, and provide a sub-par product at that point. Know of many private sellers that offer reliable warranties? How about financing? At least detail the car, and make sure the Pads, Rotors, Tires and glass are all good? Touch up all scratches and dents? How about have a good selection? Proivide a proffessional walkthrough going over features and options? Safety features? Pay your trade off? Take trades at all?
Here is the end all? Don't think youa re getting value form what a dealer provides? Buy it on your own, noone is forcing to do so, but guess what, most people still do. Sell your car on your own, guess what it's a free market. To make all entities known as dealers out to be crooks becuase they turn a profit is a joke.
What is it that you do? What is your occupation?
#96
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ummm.....so you must have had a bad experience with a dealership huh?? You honestly have no idea what your talking about. Read the 4 pages and Ive actually said quite a bit about ACV and trade in. Yes Dealers have seperate auction prices, which are also what they base trade value on, and yes there is a different retail price, thats how they make profit. My family is NOT hurting nor am I. The money that goes into capitol has nothing to do with commission either you moron. Dealer vehicles are more money because they were actually inspected, detailed, and sold by comissioned salesman. Theres alot more to selling a car than you ignorant *** knows! Its not that easy! And so you know, if a unit is old age and the dealership wants to let it go, they WILL sell it for what they got in it! Not all dealers are crooks!! Nor am I so why dont you reread this entire thread and educate yourself before you embaress yourself further...
Naw, I did'nt embarrass myself. And there you go always the salesman. You don't know me but I can feel you. You softened up alittle but still stuck your pride on me. Again you said nothing constructive That this "know it all" does not already know and already said. Good day.
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First of all, let me take a wild stab and say that you are not under 40. If you are, you've listened to your father too long. Most of what I have read from you in this thread is a very outdated version of beat the car guy.... the business isn't liek that anymore.
Of course auction prices are for dealers only, and with good rason. The avst majority of people wouldn't know what to look for or what to pay on the spot.
Of course delaers buy cars at low prices and sell them at higher ones, should that be strange to anyone?
Private sellers profit more as they never put the same reconditioning into a car that a dealer does.
No most often private sellers will not sell their cars at auction prices, and they shouldn't if they go through the effort of reconditioning, advertising and selling the car. If they want to dump a car for cash on the spot, they will likely sell it at a wholesale type price.
Private sellers will often undercut dealers by thousands, and provide a sub-par product at that point. Know of many private sellers that offer reliable warranties? How about financing? At least detail the car, and make sure the Pads, Rotors, Tires and glass are all good? Touch up all scratches and dents? How about have a good selection? Proivide a proffessional walkthrough going over features and options? Safety features? Pay your trade off? Take trades at all?
Here is the end all? Don't think youa re getting value form what a dealer provides? Buy it on your own, noone is forcing to do so, but guess what, most people still do. Sell your car on your own, guess what it's a free market. To make all entities known as dealers out to be crooks becuase they turn a profit is a joke.
What is it that you do? What is your occupation?
Of course auction prices are for dealers only, and with good rason. The avst majority of people wouldn't know what to look for or what to pay on the spot.
Of course delaers buy cars at low prices and sell them at higher ones, should that be strange to anyone?
Private sellers profit more as they never put the same reconditioning into a car that a dealer does.
No most often private sellers will not sell their cars at auction prices, and they shouldn't if they go through the effort of reconditioning, advertising and selling the car. If they want to dump a car for cash on the spot, they will likely sell it at a wholesale type price.
Private sellers will often undercut dealers by thousands, and provide a sub-par product at that point. Know of many private sellers that offer reliable warranties? How about financing? At least detail the car, and make sure the Pads, Rotors, Tires and glass are all good? Touch up all scratches and dents? How about have a good selection? Proivide a proffessional walkthrough going over features and options? Safety features? Pay your trade off? Take trades at all?
Here is the end all? Don't think youa re getting value form what a dealer provides? Buy it on your own, noone is forcing to do so, but guess what, most people still do. Sell your car on your own, guess what it's a free market. To make all entities known as dealers out to be crooks becuase they turn a profit is a joke.
What is it that you do? What is your occupation?
#98
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NO, WHAT STARTS ARGUEMENTS ARE IGNORANT ******** LIKE YOURSELF! Hows that for softening up! What are u trying to prove here, what are u trying to accomplish!? That you can out wit a salesman?! What ARE you trying to prove here?
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I am discussing the VALUE inserted by the dealer, and the cost to the buyer. You are sharing NOTHING relevant to the discussion. Myself and the Renesis guy have done a pretty thourough job of how to assertain used car value in a variety of forms. All you have done is spread blatant falcies and wild speculation. THe informationa dn takes you have provided in this thread should be taken as worthless to all readers.
And yes I am prepared for your snide- salesman remark to that. "Of course they don't wnat us to know this..."
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Naw, I did'nt embarrass myself. And there you go always the salesman. You don't know me but I can feel you. You softened up alittle but still stuck your pride on me. Again you said nothing constructive That this "know it all" does not already know and already said. Good day.
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