How much did you pay for your truck?
Thanks for all the replies guys. I'm just trying to get an idea of what prices I should be getting when it's time to buy. I dont want a co-signer on the loan, I want it all in my name and I have about $10,000 saved for a down payment. I figure I'll need to finance atleast $15,000 to get the truck I want. Very nice trucks again. Any tips for a first time car buyer??? Thanks again.
Brandon
Brandon
Originally Posted by BaseSteala112
Thanks for all the replies guys. I'm just trying to get an idea of what prices I should be getting when it's time to buy. I dont want a co-signer on the loan, I want it all in my name and I have about $10,000 saved for a down payment. I figure I'll need to finance atleast $15,000 to get the truck I want. Very nice trucks again. Any tips for a first time car buyer??? Thanks again.
Brandon
Brandon
There are several of us here that are a saleman's worst nightmare. I've learned a few things over the years:
1. Only negotiate the out the door price. Never get caught up in negotiating payments.
2. Never let them know you have money to put down. Negotiate a price first. Cash in hand seldom gets you a better deal. In fact, it often hurts you (see #3).
3. If they ask you to put money down, they want too much for the vehicle. A bank will only finance about 90% of the vehicle's retail value (less if you have bad credit). The dealer only asks for money down when they want too much for the vehicle and the bank won't finance it.
4. If they have to shop around for a bank to finance the vehicle, there should be warning signs going off in your head... they want too much!
i bought my 2004 STX with 12k miles for $16,150 they were asking $23,900 by the time i left the dealership everyone there including the manager absolutley hated me and loved it when i finally walked out the door.
Originally Posted by worland
There are several of us here that are a saleman's worst nightmare. I've learned a few things over the years:
1. Only negotiate the out the door price. Never get caught up in negotiating payments.
2. Never let them know you have money to put down. Negotiate a price first. Cash in hand seldom gets you a better deal. In fact, it often hurts you (see #3).
3. If they ask you to put money down, they want too much for the vehicle. A bank will only finance about 90% of the vehicle's retail value (less if you have bad credit). The dealer only asks for money down when they want too much for the vehicle and the bank won't finance it.
4. If they have to shop around for a bank to finance the vehicle, there should be warning signs going off in your head... they want too much!
1. Only negotiate the out the door price. Never get caught up in negotiating payments.
2. Never let them know you have money to put down. Negotiate a price first. Cash in hand seldom gets you a better deal. In fact, it often hurts you (see #3).
3. If they ask you to put money down, they want too much for the vehicle. A bank will only finance about 90% of the vehicle's retail value (less if you have bad credit). The dealer only asks for money down when they want too much for the vehicle and the bank won't finance it.
4. If they have to shop around for a bank to finance the vehicle, there should be warning signs going off in your head... they want too much!
Very good advice. However, since this is going to be my first buying experience, I dont have much leverage because of my lack of credit history, right? I have one credit card that I pay in full every month I use it and I pay my current car insurance every month. No bad marks whatsoever. Thus, the reason I have to have a pretty big down payment (which I have) so I can afford the truck. But I will remember your advice worland. Thanks
2007 XLT,4x4, S/C, 5.4, 3:73LS, Sirius (6 months free).
MSRP $33,200
OTD $23,950
They don't like me either. Took all of 2 months to get this deal. Go in at the end of a slow month (started the end of Jan.) Watch for the truck you want to sit there for a over a month. They'll be more willing to deal on a unit that's been on the lot a while.
MSRP $33,200
OTD $23,950
They don't like me either. Took all of 2 months to get this deal. Go in at the end of a slow month (started the end of Jan.) Watch for the truck you want to sit there for a over a month. They'll be more willing to deal on a unit that's been on the lot a while.
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A) 2006 4x2 lariat Supercab, loaded with everything except 4x4, they wanted something in the mid to high $30's if I remember correctly, out the dorr for a hair under $28k including the extended warranty.
B) Best advice i can give is be ready to walk. I had a Saturn dealer who states they don't haggle find $3900 in added incentives and make the first payment on a brand new 2007 for my wife in November of '06 on the Aura. All because I kept saying that we couldn't afford what they were offering. Also, like someone mentioned, haggle the price first without mentioning the down payment and only talk about the out the door price. Finally, it ever hurts to shop the financing. I don't know what they are requiring for their 0% rate but if you are a member of a credit union or the bank that has your credit card does loan, see what they offer. If you decide to go through them, do not tell the salesperson until the price is finished that you are using your bank and not theirs.
Good luck.
B) Best advice i can give is be ready to walk. I had a Saturn dealer who states they don't haggle find $3900 in added incentives and make the first payment on a brand new 2007 for my wife in November of '06 on the Aura. All because I kept saying that we couldn't afford what they were offering. Also, like someone mentioned, haggle the price first without mentioning the down payment and only talk about the out the door price. Finally, it ever hurts to shop the financing. I don't know what they are requiring for their 0% rate but if you are a member of a credit union or the bank that has your credit card does loan, see what they offer. If you decide to go through them, do not tell the salesperson until the price is finished that you are using your bank and not theirs.
Good luck.
Originally Posted by worland
There are several of us here that are a saleman's worst nightmare. I've learned a few things over the years:
1. Only negotiate the out the door price. Never get caught up in negotiating payments.
2. Never let them know you have money to put down. Negotiate a price first. Cash in hand seldom gets you a better deal. In fact, it often hurts you (see #3).
3. If they ask you to put money down, they want too much for the vehicle. A bank will only finance about 90% of the vehicle's retail value (less if you have bad credit). The dealer only asks for money down when they want too much for the vehicle and the bank won't finance it.
4. If they have to shop around for a bank to finance the vehicle, there should be warning signs going off in your head... they want too much!
1. Only negotiate the out the door price. Never get caught up in negotiating payments.
2. Never let them know you have money to put down. Negotiate a price first. Cash in hand seldom gets you a better deal. In fact, it often hurts you (see #3).
3. If they ask you to put money down, they want too much for the vehicle. A bank will only finance about 90% of the vehicle's retail value (less if you have bad credit). The dealer only asks for money down when they want too much for the vehicle and the bank won't finance it.
4. If they have to shop around for a bank to finance the vehicle, there should be warning signs going off in your head... they want too much!
credit is only going to come into play later when you fill out that credit app. If you can qualify for the 0%, when and while they offer it, go for it. If you have to have a cosigner, let that person help you haggle as well. When I was 16 and got my first car, I had about 75% to put down. My dad had to cosign but before he would he'd say stuff like 'well, i'm not cosigning on that big of a note' etc... by the time we got done, my 75% turned closer to 85% dealer got everything worked up we went into the finance office and they asked about money down, and thats when I wrote the check. financed about $6000 over 5 years. They about flipped.
good luck dude.
My question is, how do you guys get those kinds of discounts?
Is this because those are trucks that they have on the lot for a while, past year trucks ????, are you guys giving the price you pay with a trade in?
If you order one from the factory, could it be possible to get those kinds of discounts or ther's no way to drop the price that much?
Whe I ordered mine the sticker was 42XXX and OTD was 35k, this is a FX4 SScrew flareside loaded with 20's and w/out navi (I had to order it). The total savings were a little bit more than $7XXX.
When I see you guys with this deals makes me think I didn't get a good deal
What do you guys think?
Is this because those are trucks that they have on the lot for a while, past year trucks ????, are you guys giving the price you pay with a trade in?
If you order one from the factory, could it be possible to get those kinds of discounts or ther's no way to drop the price that much?
Whe I ordered mine the sticker was 42XXX and OTD was 35k, this is a FX4 SScrew flareside loaded with 20's and w/out navi (I had to order it). The total savings were a little bit more than $7XXX.
When I see you guys with this deals makes me think I didn't get a good deal
What do you guys think?
Last edited by wellcraft; Mar 19, 2007 at 08:30 PM.



