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Last month I bought a brand new Toyota in Bend Oregon. They wanted $1500 over MSRP but I wouldn’t budge..I got the vehicle for sticker price Paid cash
Enjoy the walkyoure out of your mind to pay sticker or more
I think I would have grabbed the 8K, ordered something else for MSRP and laughed.At my local Toyota dealer, they wanted my Rav4 (leased) so bad they traded us a year early. Wiped out that year and market value trade-in. The problem was catching a new Rav coming into them that wasn't spoken for with the options my wife wanted. Mine is supposed to be built later this month.
A family member ordered a F350 for his business. Before Ford delivered (6 months after he ordered it) they were offering him $8000 more to walk away from it for a different one. He took the one he ordered because he needed it.
because too many Americans equate wealth, social standing, and self worth by the car they drive. Biggest waste of money there is but to pay sticker or more, especially now, is beyond dumb and those that do, deserve to sink with it when the bubble dies.Why would anyone pay over sticker for a mass produced vehicle that when the bubble burts, will depreciate like a rock? I used to be of the mindset that I had to have a new car every 2-3 years, like most Americans. Until I realized what a monumental waste of money that is. I wouldn't mind getting a more fuel efficient vehicle, but I'm not paying even MSRP for one. I'll just keep my truck and Jeep until the wheels fall off.
because too many Americans equate wealth, social standing, and self worth by the car they drive. Biggest waste of money there is but to pay sticker or more, especially now, is beyond dumb and those that do, deserve to sink with it when the bubble dies.
you're right, there are valid reasons but it certainly holds true on the bell curve if you look at reports on why people buy/lease so frequently and that is very strong with younger buyers. In the NE, the avg lease is under 3yrs which is insane.Well, the reason I bought a brand new truck has nothing to do with "social standing", as you implied. Hell, I live 3 miles east of nowhere, with 2 neighbors for 5 miles. Keeping up with the Jones' is not in everyone's line of sight. I bought it because I was tired of bouncing around in a 2001 F250 4wd, with 337,000 miles. I'm retiring the end of the month. Most likely it'll be the last truck I'll ever buy. With my cash buyout of accumulated sick and vacation time, I paid cash for it. Could I have taken the $60K and done something else with it? Sure. Probably even made a bunch money off it. But, I feel I deserve it after working 3/4 of my life.
Maybe for you.because too many Americans equate wealth, social standing, and self worth by the car they drive. Biggest waste of money there is but to pay sticker or more, especially now, is beyond dumb and those that do, deserve to sink with it when the bubble dies.
Make more money or get cheaper tastes.I asked them "How much to kick a tire?"... Even that was not in my budget.
Yep.Is the KLX250 still available?
slowdown, no one is projecting any insecurities but what I said holds true per many reports and marketing initiatives for new cars.Maybe for you.
Why does everyone project their own insecurities and try to feel superior on everyone else?
You don't know why other people do what they do. Maybe, just Maybe they make a decision based on whats best for them.
The dollar is it on its way to run away inflation. There is no way around it.
Vehicles are a better store of wealth than cash. Look at used truck prices for last 10 years. Maybe 50 or 80K is alot of money to you, but to many it aint shit. The same idiots think making $100K a year is alot of money. Yea it is, if it was still 1990.
These geriatric fucks with barely 2 brain cells to rub together still think its 80's/90's. They are out of touch with reality.
I am in agreement with you........ Paying cash for an item, during these times, is the way to go. Bought and paid for is a cornerstone of financial stability and independence. Stay healthy....Well, the reason I bought a brand new truck has nothing to do with "social standing", as you implied. Hell, I live 3 miles east of nowhere, with 2 neighbors for 5 miles. Keeping up with the Jones' is not in everyone's line of sight. I bought it because I was tired of bouncing around in a 2001 F250 4wd, with 337,000 miles. I'm retiring the end of the month. Most likely it'll be the last truck I'll ever buy. With my cash buyout of accumulated sick and vacation time, I paid cash for it. Could I have taken the $60K and done something else with it? Sure. Probably even made a bunch money off it. But, I feel I deserve it after working 3/4 of my life.
Yep.
With the "Ukrainian democracy is worth it" surcharge added, price is $20K![]()
Financing is what you want. Paying cash is for morons. Cash flow is what matters.oh and let's not forget that financing helps for new car prices vs used car prices despite the store of value.
The sad reality is that people look at monthly income as to what they can afford and that is flat out stupid
Really? Go lookup the Price of a 2017 Ford F250 or F350 with 75K miles. Diesel fully optioned was probably about $75K new and Gas with mid tier about $55K.slowdown, no one is projecting any insecurities but what I said holds true per many reports and marketing initiatives for new cars.
you are monumentally retarded if you think vehicles are a better store of wealth than cash when it's universally proven that vehicles depreciate at some of the fastest rates for consumable assets and especially so when you consider opportunity costs of cash even in cds (which I recognize are paltry rates but still not negative like a driving a car off the lot). You bring up trucks, truck pricing for used were in the cellar prior to 2yrs ago. A blip over a short period does not make trend or validate that view at all. Hell, the incentives for used trucks were ridiculously favorable for years prior to recent events. I have one, love it and won't get rid of it but in 2yrs time, people will wish they didn't pay through the nose for them.
I don't think 50-80k for a car is a lot of money seeing as I own two classics worth that and more and paid cash for them. The reason I can do things like that is because I don't spend stupidly i.e, 80k for a new truck that in 5yrs will be less than half.
Correct if I'm wrong, which seems to occur on a more regular basis these days.
Doesn't MSRP have a 20-25% cost built in over what the dealer pays?
I’m with you. Our main vehicle which is a 2000 3/4 ton Suburban, left me stranded when the firewall connections for the heater hose, literally rotted. Though the repair was easily done after a tow and a couple weeks waiting, Brenda decided she did not want to be driving all over the country in a (then) 20 year old vehicle with right at 300,000 miles. Though not quite as far away, we live 7 miles from the nearest store and 15 miles from a small town (grocery and auto parts stores and a small hospital) and 40 miles from anywhere that has real services.Well, the reason I bought a brand new truck has nothing to do with "social standing", as you implied. Hell, I live 3 miles east of nowhere, with 2 neighbors for 5 miles. Keeping up with the Jones' is not in everyone's line of sight. I bought it because I was tired of bouncing around in a 2001 F250 4wd, with 337,000 miles. I'm retiring the end of the month. Most likely it'll be the last truck I'll ever buy. With my cash buyout of accumulated sick and vacation time, I paid cash for it. Could I have taken the $60K and done something else with it? Sure. Probably even made a bunch money off it. But, I feel I deserve it after working 3/4 of my life.
Actually, this site gives you a really good idea of what the actual cost is and shows the manufacturer hold back as well… just pick the make model you wantI wouldnt say 20-25%...
10-15% would be more in the ballpark.
And "invoice" isnt really dealer cost because there is "hold back", volume incentives, floor plan incentives, finance incentives, etc...
Most dealers wont give you their hold back and obviously there is no way to know what the various incentives are from the manufacturer to the dealer so most people feel invoice price is a decent place to work from. I would say hold back is another 2-3% from invoice.