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Invoice vs MSRP

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Old Jan 31, 2003 | 01:48 AM
  #1  
MrTude's Avatar
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Invoice vs MSRP

Hey Guys,

What are some of the better web sites where I can find dealer 'invoice' pricing?

Also, does the dealer have to show you invoice price if requested?

Any and all help would grealy be appreciated.
 
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Old Jan 31, 2003 | 01:57 AM
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I dont think they have to show you the invoice even if you ask. One of the best way's to get the lowest prices is just to call every dealer up and take up bids, highest bid gets the business. One thing, even if the invoice say's 20,000 ;at different times, Ford will offer that dealer a deal if they sell more than XX vehicles, and each car they sale to meet or excede the amount, they will give the dealer $500 back or so. So in all, the invoice might not be "correct" price for the truck.
 
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Old Jan 31, 2003 | 09:13 AM
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MrTude, check out edmunds.com and carbuyingtips.com. Excellent sites. And nope, dealerships are not required to show invoice.
 
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Old Jan 31, 2003 | 09:36 AM
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Car Point.com

By far, Car Point .com is the best
As you add in the options, the cost and list numbers increment
and when you are all done, you have the exact cost and sticker
AND it works.
 
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Old Jan 31, 2003 | 09:41 AM
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Recently I was reading a free issue of consumer reports and they state that the invoice price is NOT the best price. The dealer pays what CR calls a "wholesale" price, then the invoice price is marked up from there and then MSRP. I don't know how true this is, but I got my truck AT invoice price and was pretty content until I read that.

I always tried to give $200 over invoice and was pretty happy with that, thinking I got a good deal.

Hope this helps some...

Spook
 
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Old Jan 31, 2003 | 01:11 PM
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What You Should Pay:

* Destination charge
* Sales tax
* License & registration fees (DMV fees) vary from state to state. These fees are usually from 1 percent to 3 percent of the purchase price of the vehicle.
* Reasonable documentation fee ($50 is reasonable; $250 is not)

Charges You Should Question

* FDAF Ford Dealer Advertising Fee? $65.00
* Extended warranties. Sometimes warranties are added without the customer's consent.
* Appearance or protection packages. Usually paint protection or sealant.
* Administrative costs.
* Dealer flooring charge. Another cost of doing business, and one that is covered by holdbacks.
* Dealer-installed security system. If you want a security system, order one from the manufacturer or try an aftermarket source.
* Delivery & Handling (D&H). Delivery is paid for by the destination charge, and does not need to be paid again. And "handling?" Your guess is as good as ours.
* Fabric protection. Do your own with a $5 bottle of Scotchgard.
* Pinstriping, the most expensive tape in the world.
* Rustproofing. It is unnecessary and can void your warranty in some cases.
* Sales promotion. What's the sale? When's the last time a sale charged the customer money?
* Teflon coating. No longer needed because of clearcoat paint used on cars today.

Factor in Dealer Profit - 1.5%, 2%, 3%, 4% and so on.

If you want a excel spreadsheet I prepared before I bought my Screw, send me an e-mail and I'll forward a copy. I used this to e-mail dealers requesting their quote. The ones who respond are the ones who are serious about selling you a truck.
 
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Old Jan 31, 2003 | 03:24 PM
  #7  
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Thanks guys for all the information, it is appreciated.

Tray, I sent you an email with my email address so that you can send me that Excel spreadsheet you were reffering to.

Thanks again.
 
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Old Jan 31, 2003 | 04:01 PM
  #8  
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From: Soddy Daisy
Go to ford vehicle.com

Locate dealer

Each dealer has their inventory with msrp and invoice price


https://www.f150online.com/galleries....cfm?gnum=2350
 
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Old Jan 31, 2003 | 10:42 PM
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MrTude - I e-mailed the spreadsheet tonight around 8:40 PM MST. Let me know if you do not receive it.
 
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Old Jan 31, 2003 | 10:59 PM
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I'll take you up on that

spreadsheet also, sent you my e-mail, thanks, Doug
 
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Old Jan 31, 2003 | 11:18 PM
  #11  
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I don't think the dealer is under any obligation to tell you what invoice is. You can ask and some are glad to show you, especialy if they think you are interested and it will lead to a sale.

To save time, go to Ford's site on the internet.

www.fordvehicles.com

There you can search the dealer's inventory and find the invoice for the truck in that lot. The nice thing about it is that you don't have to drive to the next town to see what that dealer has on his lot, just put his inventory up on the computer.

The disadvantage is that you can't do the power search and find a black one with the 4.6 and a power sliding window. You need to talk to the samesman to do that and he will get it for you.

Invoice is a funny number. You can get the right truck at a price that is less than invoice, and subtract rebates from there, but don't expect that to work on the one they just unloaded from the car carrier yesterday.

Yes they can sell at invoice or less, but only if they want to.

You can search the inventory online, send an email to the dealer with an offer or asking for a bid, and then drive over when you like the numbers. You still have to show up to sign the papers and drive it home.
 
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Old Feb 1, 2003 | 01:29 AM
  #12  
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Guys thanks again for all your input.

Tray I recieved you spreadsheet ~ thanks.

GreenCrew,

I went to www.fordvehicles.com and chose/built my truck, then checked a dealerships inventory but I only seen the 'Total MSRP' price but not dealer invoice?
Am I overlooking something?
 
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Old Feb 1, 2003 | 10:51 AM
  #13  
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MrTude - Everything stated above by others correct. I used Edmunds and to confirm that I also used Kelley Blur book for pricing comprison. I wanted to double check those numbers so I went to Consumer Reports and used their car buying service, I think it was $6-8 at the time. All three invoice and MSRP numbers were either exact or just a couple dollars different. Edmunds and Kelley Blue Book were the most accurate.

One other thing I don't believe anyone mentioned. Do not talk with the salesmen. Any vehicle I have ever purchased was through the General Manager. I call the dealer, ask to speak with the GM, tell him what I am interested in, make an appointment to see him and then go in with my data.

When I purchased my Screw. I presented to the GM my data, and ask to see his factory invoice. He did not hesitate to show me. We compared the numbers. I ask him what he needed in profit. We then negotiated some of the advertising, etc., and agreed on the price. He placed the order in the computer printed out a copy for me and was gone in 35 minutes.

Oh...I did not put any money down to hold the vehicle either.

I would also suggest you get pre-approved for financing by several banks or loan companies. For example: Bankrate.com, E-Loan.com, Firstsource.com, and VirtualBank.com. This can be done on line, it cost nothing and the loan is good for a month. They will send papers out immediately.

When you buy your truck you can present to the dealer your pre-approved loan rate and ask the dealer if he can beat the rate. It is another incentive and negotitating tool. Obviously, you don't care who get's your money, but the dealer is interested in carrying your loan in addition to selling you a truck.

Good Luck...
 
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Old Feb 1, 2003 | 10:54 AM
  #14  
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MrTude

Here is the link for X-Plan pricing, see how that compares. X-Plan
 
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Old Feb 1, 2003 | 11:01 AM
  #15  
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From: Boise, Idaho
familyride - did you receive the spreadsheet? I sent about 20 minutes ago.
 
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