When do you negotiate price of a new car when buying a custom order car?
First and foremost, once you have given them money, especially when they say it’s non-refundable, your negotiating power drops to zero. They simply have no incentive, and all the leverage, to force you to accept whatever price they dictate, or you lose the money you put down. There should be a set MSRP on whatever options you want, and you should be able to negotiate and draw up an agreement based on that. If they refuse, find another dealership. By giving them a deposit, you are saying “I will buy the product”. Without a price set, this simply doesn’t make sense. You wouldn’t go to a Best Buy and give the guy at the door $50, point to a TV set, and say “I want that, at whatever price you choose”. This is the car-buying equivalent. Second, you will never ever get as good a deal on a car the dealership doesn’t have on the lot. Selling cars is like flipping houses, in that the longer you hold on to the product, the less profit you have. Dealerships like to get cars off the lot as soon as
Posted on April 17th, 2010, 7:16 pm by Karl I want to buy a custom order car – i.e. car is not in the showroom. I need to put a non-refundable deposit down and place the order. They say I can negotiate the price of the car after the car is made and is shipped to the dealer. Do I have more negotiating leverage after the car has been made and shipped or before I put my non-refundable deposit down? Volkswagen Beetle Classic 1970 VW Beetle Bug Rat Rod Custom Honda Powered Nice US $2,350.00 Mercury 1949 Mercury 2 DR Coupe Possible Rat Rod US $7,500.00 Ford Other Pickups Ford Rat Rod US $6,250.00 No items matching your keywords were found. SHARETHIS.addEntry({ title: “When do you negotiate price of a new car when buying a custom order car?”, url: “http://rat-rods-for-sale.net/when-do-you-negotiate-price-of-a-new-car-when-buying-a-custom-order-car.html” }); 6 comments Rat Rod Cars Rat Rod Cars leverage, refundable deposit 6 responses to “When do you negotiate price of a new car when buying a
