Asking price versus sales price

Then I say "you need to do more research".

 

There are way too many variables involved to answer your question with any accuracy. As the previous poster said: do more research. My advise to you is dont quibble over a couple of thousand dollars. If the car checks out, and the car is configured to your liking, go for it. Remember: our stay on this rock is a short one.

 

I wouldn't be shy about making reasonably low offers. Accept or don't. What's the harm?

 

Just bought a 360. Sent you pm.

 

It depends.

 

Prizes in Europe now dropping below 68K at respected dealers.

 

I offered $7k less than asking on the phone before going to see a car and it was accepted--but as many have said, it depends and just a random piece of data.

 

One way to get a feel for current prices is to get to know guys who have recently bought one. Lots of new owner threads here and people are usually willing to share their buying experience.

 

Yes, it all depends. My friend in the business told me the spread used to be closer to 2-3%. I disagreed and argued with him about that. In the end, at least in my case, the spread was more like 8-10%. Good luck!

 

In general, I think it's reasonable to counteroffer at a 10-15% discount, with the expectation that you'll finish somewhere between the asking price and the counteroffer. As others said, there's no harm in asking . . . unless you low-ball the seller, which can be counterproductive.

 

As others have said, there is a myriad of factors. At this time of year, I think you will see less negotiating and I think a Ferrari dealer will be consistently "stickier" where you will find larger variation in spreads at other dealers. I also think the further you get into the fall mad early winter, the higher the likelihood of a better deal. As others have said, lots of variability. Nothing replaces knowing your market. think your best comps come from watching this site or auction results.

 

If you don't like the sitting there, test drive the car, get their contact information, and tell them you will get back to them. Then, correspond with them via phone, email, or text (whichever is most comfortable for you) and negotiate that way. If you're worried about extra fees, tell them your offer is the total including any and all fees, excluding taxes.

The process doesn't need to be bad. I actually enjoy it to some degree. Just be patient and don't get emotional over the car. There are plenty of other cars just like that one out there, or will be soon.

 

You could also use an agent.. but it might be more spensive'.

When I was in the market.. I knew the cars on Autotrader, cars.com, craigslist, here on the classifieds and ebay like the back of my hand. I saw asking prices and had an idea what the average was when I was looking. I missed out on a few and my first offer was too low. I came up a bit and got the car in my garage. I was about 10% below asking or so at a dealership that I bought sight unseen.

I don't see any problems offering whatever price I feel the car is worth. If you're offering 50 on a car they're asking 80.. prob. not going to work. I think 10-15% is reasonable below ask. Your PPI will also give you an idea on the condition of the car to adjust your offer.

 

Depends on how badly you want the car. If you're in no rush then low ball and see what happens. Based on what I was offered by dealers for my car and what they were asking for a similar car I think the markup is more like 20% or more.

On the other hand if you really want some unique combination then you're going to have to pay closer to asking. I suspect that you would have to pay closer or asking price to get a perfect red tan MT. 2 one owner pristine red tan MT's that I've seen went for full asking price.

 

I like the idea of building in a discount by meeting their asking price as an "out the door price". Depending upon the tax rate where you live of course. Your 89K car is going to be pushing 100K after fees and taxes in California if you buy at asking.

I like simple math and I don't like unknown expenses.