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Best way to buy a new car?



 
 
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  #1  
Old November 4th 04, 10:11 PM
Jim Beaver
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Default Best way to buy a new car?

I'm thinking of buying the new Dodge Magnum, which precludes me pretty much
from buying a used one, since I understand this is the first year.

What I'm wondering is what the best options are for getting one for the best
price. I've got a credit union, AAA, and AARP, all with car-buying
services, and I'm sure there are other means. What do you think is the best
way to buy a new car for the best price?

Jim Beaver


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  #2  
Old November 4th 04, 10:34 PM
Russell Stewart
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Default

Jim Beaver wrote:

> I'm thinking of buying the new Dodge Magnum, which precludes me pretty much
> from buying a used one, since I understand this is the first year.
>
> What I'm wondering is what the best options are for getting one for the best
> price. I've got a credit union, AAA, and AARP, all with car-buying
> services, and I'm sure there are other means. What do you think is the best
> way to buy a new car for the best price?


I know this guy...


--
Russell Stewart | E-Mail:
UNM CS Department | WWW:
http://www.swcp.com/~diamond

"Stop saying the cause of Rick James' death is a 'mystery'"
-Bill Maher
  #3  
Old November 4th 04, 10:37 PM
Sanford Manley
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Default

Jim Beaver said:
> I'm thinking of buying the new Dodge Magnum, which precludes me pretty
> much
> from buying a used one, since I understand this is the first year.
>
> What I'm wondering is what the best options are for getting one for the
> best
> price. I've got a credit union, AAA, and AARP, all with car-buying
> services, and I'm sure there are other means. What do you think is the
> best
> way to buy a new car for the best price?
>
> Jim Beaver


For you...offer an endorsement and get it free.

--
Sanford M. Manley
Do not fear the enemy, for your enemy can only take your life.
It is far better that you fear the media, for they will
steal your HONOR.
I am The Ansaman! http://www.ansaman.com
Angry Fetus Comics!! http://www.ansaman.com/angryfetuslatest.html




  #4  
Old November 4th 04, 11:48 PM
James Gifford
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Default

"Jim Beaver" > wrote:
> I'm thinking of buying the new Dodge Magnum, which precludes me pretty
> much from buying a used one, since I understand this is the first
> year.
>
> What I'm wondering is what the best options are for getting one for
> the best price. I've got a credit union, AAA, and AARP, all with
> car-buying services, and I'm sure there are other means. What do you
> think is the best way to buy a new car for the best price?


First, wait a bit, if you can. December-January is a better time, after new
models lose some of their heat and sales slow.

Second, any of those venues is likely a good one, if you are willing to put
in an order and wait for the network to find and bring you the car you
want. Any of the buyer's services that start with dealer cost and add on a
few hundred to a couple thousand in profit and fees are vastly preferable
to going to a dealer and trying to haggle down from MSRP plus markups plus
add-ins.

--
|=- James Gifford = FIX SPAMTRAP TO REPLY -=|
|=- So... your philosophy fits in a sig, does it? -=|
  #5  
Old November 5th 04, 12:23 AM
Jim Beaver
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Default


"Sanford Manley" > wrote in message
. ..
> Jim Beaver said:
>> I'm thinking of buying the new Dodge Magnum, which precludes me pretty
>> much
>> from buying a used one, since I understand this is the first year.
>>
>> What I'm wondering is what the best options are for getting one for the
>> best
>> price. I've got a credit union, AAA, and AARP, all with car-buying
>> services, and I'm sure there are other means. What do you think is the
>> best
>> way to buy a new car for the best price?
>>
>> Jim Beaver

>
> For you...offer an endorsement and get it free.


Methinks you overestimate my powers of endorsement.

Jim Beaver


  #6  
Old November 5th 04, 12:25 AM
Russell Stewart
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Default

James Gifford wrote:

> First, wait a bit, if you can. December-January is a better time, after new
> models lose some of their heat and sales slow.


How widespread is that knowledge? Because if it's common,
then wouldn't it become self-defeating, as everybody waits
until December to go shopping for a new car? Sort of like
those "collector's items" action figures that they release
for new Star Wars movies, that won't be worth dirt in 20
years because everybody went out, bought one, and never
opened the box.


--
Russell Stewart | E-Mail:
UNM CS Department | WWW:
http://www.swcp.com/~diamond

"Stop saying the cause of Rick James' death is a 'mystery'"
-Bill Maher
  #7  
Old November 5th 04, 12:36 AM
James Gifford
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Default

Russell Stewart > wrote:
>> First, wait a bit, if you can. December-January is a better time,
>> after new models lose some of their heat and sales slow.


> How widespread is that knowledge? Because if it's common,
> then wouldn't it become self-defeating, as everybody waits
> until December to go shopping for a new car?


It's widely known, but that doesn't change anything. Sales are always
hottest from September to October, when models are new, lots of people
are conditioned to want a new car, and lots of people think they are
getting a better depreciation deal by buying early in the model year.

People stop spending money on cars once the initial "gotta have the new
one" urges are past, money is needed for Xmas, and the general winter
doldrums set in. This is when dealers start to cut prices, offer rebates,
and general deal a lot harder than earlier. That everyone knows this
slump is coming doesn't change the market forces - there are simply,
always, people who have to go pay $350,000 for a Ford GT (see eBay) or
$25,000 for a Miata (like Willie Brown did) just because they have to
have the new model Right! Now!

Trust me: spend the next month doing your homework, checking out the
various buying services, lining up financing, etc. And then you can pull
the pin on the best deal, or even go twist arms at a dealer. The Dodge
Magnum is hot, but not so hot they won't be dealing on it soon.

--
|=- James Gifford = FIX SPAMTRAP TO REPLY -=|
|=- So... your philosophy fits in a sig, does it? -=|
  #8  
Old November 5th 04, 12:38 AM
Eddie G
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Posts: n/a
Default


"Jim Beaver" > wrote in message
. com...
> I'm thinking of buying the new Dodge Magnum, which precludes me pretty
> much from buying a used one, since I understand this is the first year.
>
> What I'm wondering is what the best options are for getting one for the
> best price. I've got a credit union, AAA, and AARP, all with car-buying
> services, and I'm sure there are other means. What do you think is the
> best way to buy a new car for the best price?


I just got a new car and this is what I did. I went to different web
sites...autobytel.com and edmunds.com. Without going to the dealers, I was
on the phone back and forth between 3 dealers and got my car at invoice
price. Of course you want to pay BELOW invoice, but since this is a new
model year for my car, I figured this was a good deal for me. So after you
get contacted by the dealer affiliated with the web site, you call your
local dealer and ask him to beat the price, call back, etc,etc.

Good luck.

Eddie


  #9  
Old November 5th 04, 12:49 AM
groo
external usenet poster
 
Posts: n/a
Default

James Gifford > wrote in
. 3.44:

> Russell Stewart > wrote:
>>> First, wait a bit, if you can. December-January is a better time,
>>> after new models lose some of their heat and sales slow.

>
>> How widespread is that knowledge? Because if it's common,
>> then wouldn't it become self-defeating, as everybody waits
>> until December to go shopping for a new car?

>
> It's widely known, but that doesn't change anything. Sales are always
> hottest from September to October, when models are new, lots of people
> are conditioned to want a new car, and lots of people think they are
> getting a better depreciation deal by buying early in the model year.
>
> People stop spending money on cars once the initial "gotta have the
> new one" urges are past, money is needed for Xmas, and the general
> winter doldrums set in. This is when dealers start to cut prices,
> offer rebates, and general deal a lot harder than earlier. That
> everyone knows this slump is coming doesn't change the market forces -
> there are simply, always, people who have to go pay $350,000 for a
> Ford GT (see eBay) or $25,000 for a Miata (like Willie Brown did) just
> because they have to have the new model Right! Now!
>
> Trust me: spend the next month doing your homework, checking out the
> various buying services, lining up financing, etc. And then you can
> pull the pin on the best deal, or even go twist arms at a dealer. The
> Dodge Magnum is hot, but not so hot they won't be dealing on it soon.
>


In many states, car dealers also have a huge incentive to massively drop
their inventory for a short period at the end of the year, since their
property taxes are based on the inventory on hand.

--
"You can never get into the mind of a giraffe. Unless you have a sharp
knife and a ladder." - Hank Gillette
  #10  
Old November 5th 04, 12:55 AM
Blinky the Shark
external usenet poster
 
Posts: n/a
Default

Eddie G wrote:

> "Jim Beaver" > wrote in message
> . com...
>> I'm thinking of buying the new Dodge Magnum, which precludes me pretty
>> much from buying a used one, since I understand this is the first year.


>> What I'm wondering is what the best options are for getting one for the
>> best price. I've got a credit union, AAA, and AARP, all with car-buying
>> services, and I'm sure there are other means. What do you think is the
>> best way to buy a new car for the best price?


> I just got a new car and this is what I did. I went to different web
> sites...autobytel.com and edmunds.com. Without going to the dealers, I was
> on the phone back and forth between 3 dealers and got my car at invoice
> price. Of course you want to pay BELOW invoice, but since this is a new
> model year for my car, I figured this was a good deal for me. So after you
> get contacted by the dealer affiliated with the web site, you call your
> local dealer and ask him to beat the price, call back, etc,etc.


I happened to see a "The People's Court" case yesterday[1], between the
buyer and seller of a Jeep, via eBay. The reserve wasn't met, so there
was no deal, but the interaction apparently spilled over into off-eBay
email and some dickering, and the deal was cut that way. Judge
Whatzername was not at all complimentary to someone who would buy a car
over eBay (and additionally noted that the buyer was being a jerk). The case
revolved around the buyer's discovery of a couple of things that weren't clear
from the description (a rough engine, and a valve cover or something
that wasn't the color it was supposed to be).[2] I don't remember how it
came out.


[1]I rarely watch it, but having shot a lot of them over the years, I
confess that once in a while when I'm surfing I'll stop there for a bit.
The new judge is a lot more fun than Joe W. used to be, but it's not right
that Rusty's not there.

[2]Oh, and the buyer wanted reimbursement for travel/lodging expenses
for going from Pompano Beach to Orlando for the car. And the seller was
holding out for the $50 "service fee" he'd charged for the sale falling
through.

--
Blinky Linux Registered User 297263

Go Blue
 




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