How to negotiate a great DEAL on a new car purchase
WOW! found another article that is also very good! for car buying What I am telling you is based on 7 years in the business and personal purchases. ——————————–Formula——————————————- MSRP = Sticker(includes Dest. Charge) Invoice = Can be found on Edmunds.com(include options) or kbb.com Rebates = Vary by local dealership Holdback (dealer’s profit) = see below portion to calculate holdback Estimate True invoice = Invoice – Rebates – Holdback tax = ?% x True Invoice Tags = whatever your states charges (typically $100 – $400) Low ball offer = True Invoice + tax + tags – $2,000 Target Price =… Continue Reading