Wev'e just had a spate of folks coming in telling us about another dealership offering big prices for their cars as trade ins. The ol $5000 minimum trade trickwith a twist. Ie they have high prices on the CIN cardsand lower prices on the window stickers. Cash price is on the window.The big trade is based on the Cin card price They just really don't seem to understand thatthe change over figure--how much money they pay for the new car is a heap more than elsewhere. They are stuck on the $6000 being paid for their 1994 mitzi galant. To the point today one said person said my 2ktrade in figure was a "rip off" cos the guys down the road offered $5995 Hmm --$14000-$5000 = $9000 But wait $8995 -$1995= $6995 They still diddn't get it.
Ohh and yep-same car/yeear/milage
kazbanz,
Jan 30, 4:29am
Wev'e just had a spate of folks coming in telling us about another dealership offering big prices for their cars as trade ins. The ol $5000 minimum trade trickwith a twist. Ie they have high prices on the CIN cardsand lower prices on the window stickers. Cash price is on the window.The big trade is based on the Cin card price They just really don't seem to understand thatthe change over figure--how much money they pay for the new car is a heap more than elsewhere. They are stuck on the $6000 being paid for their 1994 mitzi galant. To the point today one said person said my 2ktrade in figure was a "rip off" cos the guys down the road offered $5995 Hmm --$14000-$5000 = $9000 But wait $8995 -$1995= $6995 They still diddn't get it.
Ohh and yep-same car/year//milage.
cantab1971,
Jan 30, 4:33am
a slight tangent but.
I actually got the dealer I bought my car from to increase the price on the window sticker of the car I wanted and to correspondingly increase what he gave me for my trade.
any guesses why! :)
mrs_medusa,
Jan 30, 4:34am
Because you were buying a company car and trading in your personal car!
superdave0_13,
Jan 30, 4:35am
To increase your deposit.
cantab1971,
Jan 30, 4:36am
ok, i'll answer cos I don't want to ambush kazbanz' thread.im interested in what people say on his original topic.
answer - so the missus didn't give me so much grief about the bath I took on the car I traded :)ok, as you were.
4meows,
Jan 30, 4:37am
Are you a dairy farmer and trying to offset the massive profit you made this financial!
kazbanz,
Jan 30, 4:37am
Im interested to see what others think too.
edangus,
Jan 30, 4:54am
Thats dodgy as man.
edangus,
Jan 30, 4:55am
oh oh lemme guess. starts with E ends with E and sells rubbish
superdave0_13,
Jan 30, 4:55am
I makes it look a more favourable deal to the finance company doesn't it!
kazbanz,
Jan 30, 4:56am
Thats one place but nope a bit more local to me -
kazbanz,
Jan 30, 4:58am
That depends- Finance co's aint stupid --HMM so the car is worth $14995 is it! Hmm yet everywhere else the most expensive example is $9995 --Theres a name for that kinda deal that hydrolink use regularly
edangus,
Jan 30, 5:05am
Nup, can't think of it. So many rubbish dealers turning up again.
carstauranga001,
Jan 30, 5:17am
Hydrolicking, which although illegal I have yet to see a dealer convicted. About time some were IMO.
pollymay,
Jan 30, 5:24am
You're asking too much of people man, be reasonable. Common sense and basic financial abilities is a huge ask for most of the general population.
stevo2,
Jan 30, 6:09am
I've said that so many times its not funny. As long as you compare apples with apples, its the "Changeover price" that matters, not whatever they offer you. Stevo
neo_psy,
Jan 30, 8:18am
Pfft - as long as they can say "Fanks, Instant Finance", what do they care!
kazbanz,
Jan 30, 7:37pm
At least one crowd have losat finance facilities I'm told
daryl14,
Jan 30, 7:43pm
So tell your clever customers to go down the road and sell their galant to that dealer for $5995 and to come back to you to buy the cheaper upgrade you have waiting for them.
They'll soon figure out what its all about.
I'd say the other dealership has worked out a very good hook and you just need to be smarter and have your counter hook ready!
elect70,
Jan 30, 10:26pm
Always asucker just around the corner .The boss saidgotta shift them cars
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