Movement on asking price

kam04, Oct 17, 7:57am
Is it common for dealers to negotiate on their asking prices. Something I've never bothered to do especially if they are giving me a good trade on mine.

vtecintegra, Oct 17, 8:05am
Depends on what the starting price is

beetle46, Oct 17, 8:08am
its only worth what someones willing to pay for it.
everything is negotiable

intrade, Oct 17, 8:33am
the good price for your car was probably then part of the discount they would have given you just less on the trade in if you start to bather , but yea you can but remember a dealer has to make a profit worth him selling . i would not want to be a dealer i be bankrupt in no time haha.

tgray, Oct 17, 8:47am
There is usually wiggle room with dealers and you would be foolish not to try.

kazbanz, Oct 17, 9:05am
Kam this has been covered off a fair few times before.
Short version. Yes and no.
The only way to find out is do the leg work yourself on the car you are interested in. Quick example- 3 apparently identical cars for sale. One 8k one 10k and one 12k. Stands to reason the 8k car is likely to have little or no room to negotiate whereas the 12k car likely has room.

kam04, Oct 17, 9:38am
Well, very sorry kaz. If I had seen another thread on this before I wouldn't have asked. Remember, some of us are out here occasionally and don't get to see all of the threads posted. Some are out here every minute of the day it seems. Have a nice day

kam04, Oct 17, 9:43am
Yes, I have dealt with one trader only for the last six deals. They always give that little bit more than others. Yes, like you, I think I would go broke too, lol.

kazbanz, Oct 17, 9:53am
No reason to apologise Cam :-)
I'll rephrase my first point.
"hey Cam this point has been covered off a fair few times before.have a look at the message board search box <<<<<<<&l-
t; enter in dealer discount or negotiate with dealer in the keyword box and you'll see the answers to your question."
Sometimes this means of communication leaves a lot to be desired.

kam04, Oct 17, 9:55am
>

tony9, Oct 17, 11:48am
Of course you can negotiate.

But it works both ways. By offering a lower price you have rejected the sellers price. There is then nothing to stop the seller coming back with a higher price than the original one.

Worked once for me. A right prick wanted to buy a car I had listed. I thought, well it is only a car, and the money is what is important. But then he tried to screw me down. So I went up. Long story short, he refused to pay the higher price so lost the car. Someone else got it for a little less than my asking price.

tgray, Oct 17, 12:51pm
I sell 200+ cars a year and do not drop the asking price.
I find one low fixed price makes things a lot easier for both parties.
It's not how most people do it, but it has worked for me for 14 years.

richardmayes, Feb 2, 12:20pm
I'm not in a retail trade, but I do get invovled in arranging expensive contracts and it always amazes me how much BS there is when people spend a bit of their own money on cars, compared to how we engage consultants on behalf of our clients.

If you want the vendor to reduce his price, you need to give the vendor a reason to do it.

(Otherwise why would he? You'll just look like a fool, asking him if he'd take less than what he's already said is the price he wants.)

As a potential purchaser, IMHO the best reason you can give the vendor of this red car here to drop his price, is that you'll simply have no choice but to walk away and buy the identical blue one on the other side of town for $XXX, unless the vendor of this red one here is willing to reduce his price to $XXX.

(So you first need to make sure that there really is a blue one on the other side of town that you can buy for $XXX - you might end up having to buy that one to save face if the red car's vendor calls your bluff!)