Hi everyone, so I had been looking at vehicles online with Dennis Dillon, Stampede and Larry Miller all in boise. Dennis Dillon has the overall lowest prices but they didn't have what I wanted. So I started with Larry miller. Their price was close to Dennis Dillon so we drove up from Salt Lake City this morning (350 mikes each way). We got there and the internet sales guy was nice. We did a short test drive and I was sold. I have been test driving and researching for months. So I tell him I want it today for the right deal. We went in and he immediately started with the credit application. I told him no I'm using my credit union and already approved at rates they can't beat (1.74 for oh to 72 months). He said hmm we won't beat that but Chrysler capital $500 and you can refi when you get the payment book etc. I also told him that I manage my credit closely and I DO NOT want anymore inquiries on my credit but they can to confirm my identity. He then confirmed the rams price, I told him excellent and I am good with it and no need to negotiate. Up next trade. I had sent all the details and pics before showing up. They came in at 21K. I was like umm no. This vehicle is a 2012 crossover that is in mint-excellent-clean condition and has 8 grand in added factory stuff plus 2 tone leather. (KBB, Nada, Black book, etc don't take any of that into consideration) Even before all of that the trade value (average of all sites including black book was 23K. So I said 23K minimum. We haggled some more and i said ok 22.250. He went back and forth to the managers office a few times and guess what??! They didn't budge one f#%£ing dollar. Finally he said "guess we can't make a deal have a good day." So my fiancé says let's go to Dennis Dillon. So I grabbed my stuff and left. Haven't received a call from them.
*So now I'm pissed because no dealer has what I want within 350 miles of Salt Lake City. I'm originally from Northern Idaho and checked out dave smiths inventory and wow they have 15 of the exact truck I wanted today but in better colors. We are driving back home now. I am still pissed.
Doesn't it seem odd that they let a deal go so easy?! Thoughts?
You walked out over 750 dollars on the truck you wanted?
You have to understand that dealers don't make most of their money in the showroom, they make it at the parts and service departments. If they had to depend on the showroom to stay in business you would not be getting anything off MSRP.
That dealer also knows they are not going to make any money from you after the sale because you do not live there so they have no benefit to themselves to sell to you and not make any money on the sale. You could get lucky at the end of the month and they might have took a cut from a truck to make a sales goal if they were close and that truck would put over the goal but other then that I doubt it.
As to how your other vehicle is equipped, KBB/NADA ect. takes into account factory options, if you did aftermarket options/upgrades you will rarely if ever get anything in return for them. Just because you like the aftermarket items does not mean another buyer is going to like them making the vehicle harder for them to sell. Part of you getting a good deal on price is they make up part of that price by getting part of that deal back when they sell your trade in.
In the end it is not worth getting all upset about because you have cut the dealer out of some of the things they depend on to make money so your deal is not going to be as sweat as someone who uses the dealers services, i.e. letting them finance for you and buying an extended warranty from them ect.
The only thing I did was finance my truck through Chrysler Finance at the dealer, I turned down the extended service contracts as I have never used any of them on any of the Rams I have owned. In fact I believe even consumer reports says to only buy them if the model you are looking at has a bad reliability rating.
I go in and decide what I will be happy with in price and if we meet that great if not then I move on, but I know what area I am comfortable with before I step foot on the lot. I never make that price a set dollar amount to the penny as you will be hard pressed to ever meet that kind of target price. I know my range and it is not a huge range but it gives me and the dealer a little wiggle room.
My current truck I did not beat up the dealer trying to get every last penny of profit from them and after their discounts and my trade I walked out with a loan of $11,996 dollars and change on a $31,650 dollar truck after tax, tag, title and other paperwork. I was happy with the price and the trade.
My dealer made some money on the new truck and they made some money on my trade which sold the Monday after I traded it in that Friday evening. I watched the man who was buying it test drive my old truck and he had them put it in their shop to check it over that Monday morning when I went back to have them detail the truck I bought that Friday evening. My old truck did not stay on their lot for sale for more than an hour before it was bought.
My deal was a win win for both me and the dealer.
If you have a price down to the penny you are going to leave a lot of dealers pissed off and life is just to short for that.
Now I know most sales people are scum and if given the chance they will bend over a customer but if you are educated as a buyer you can work out a deal that works for both you and the dealer as long as you are willing to work on your end as well. But it sounds like the deal you were offered was not really all that bad, but you have cost yourself now because you just bought two tanks of fuel to walk away over 750 dollars.