Buy new vehicles

I purchased my car from a used car lot and I have not seen or anything on how people work at dealerships. My question to everyone is if you figure an MSRP of lets say 32k how do you walk out only having to pay lets say 28k or something? I know it's a weird question but for future reference it might help me out thanks!

 

I dont get exactly what you are asking? are you wondering how to get a better price on your new vehicle?

1. bring quotes with you from other dealers
2. point out every little thing wrong with the vehicle and get them to take the value off
3. dont act eager to buy a vehicle
4. remember that they are making money off you, you can always get them down some more and it doesnt hurt to ask

 

Depends on how much "mark-up" the manufacturer set the vehicle to have. Mark-up is the difference between invoice and MSRP...this is where the dealer makes his money on a new vehicle. Some vehicles have larger mark-ups than others...just depends.

Also remember that rebates can be an additional factor.

btw...go to www.lenderguidance.com before you're ready to puchase your next car

 

Thanks guys glad I could get some information. It will probably be a while until I get a new one but it doesn't hurt to ask.