Car Market Crash Deal MEGATHREAD

[ExtraSlow]

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People Aren’t Leasing Cars, and It’s Killing the Used Market
Millions of Americans are forgoing leases and buying their vehicles outright, and it's hurting used car options.

https://jalopnik.com/people-aren-t-l...d-m-1850018655

[shakalaka]

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For being a professional auto purchaser, I’m really surprised you don’t know the difference of msrp and invoice.

Not condescending, just surprised.

There is quite a bit to the dealer cost of the vehicle and over the last 20 years (+ internet) I’ve learned a shit ton.

I’ve even managed to negotiate holdback into a deal. That was awesome

I am nowhere close to being a professional auto purchaser haha. That being said I do know the difference b/w msrp/cost-invoice I just said msrp as a general encompassing term. I've been negotiating with a couple of dealers on a 2022 Camaro V8 LT1 and surprisingly they aren't being quite THAT flexible as of yet it appears. I am tempted to go for one and pass on the Bronco but then wanna wait to see the Bronco first before passing on it (unless some dealer offers me a smoking deal on the Camaro I guess).

[danno]

I tried low balling a dodge dealer on a ram and I was laughed off. He said best he could do was 1% above invoice, which is anywhere from 6-8% off mrsp I believe the end number would be about 62k for a sport with most options. The maybe in the next few months I’ll be able to make it work. I think a f150 is going to be 10-20k more for a similar trim.

[Darkane]

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I tried low balling a dodge dealer on a ram and I was laughed off. He said best he could do was 1% above invoice, which is anywhere from 6-8% off mrsp I believe the end number would be about 62k for a sport with most options. The maybe in the next few months I’ll be able to make it work. I think a f150 is going to be 10-20k more for a similar trim.

That’s still a pretty good deal. But hopefully some more cash will be on hood for excess ‘23 models 12 months from now

[Rocket1k78]

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https://jalopnik.com/people-aren-t-l...d-m-1850018655

In that article they said "Leasing a new vehicle just keeps getting more expensive. The average monthly lease payment hit $661" but if you went and financed that same vehicle your monthly payment would be even higher.

[danno]

Ya also this was for a 2022 model, in the perfect world for dealerships 2022 would be gone in sept-Oct I would think.

[max_boost]

Bring Darkane along for your vehicle negotiations

[Darkane]

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Bring Darkane along for your vehicle negotiations

Haha. Sounds good

[Neil4Speed]

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Haha, is all good man.

Just this year's version of PoweofRotary's "This is just more evidence for..." beyond meme.

- - - Updated - - -



Jesus, if even the Porsche bros are starting to think rationally then we really are headed into it.

Starting is the key word here... It's a Macan not a 911 GT3 Touring.

[flipstah]

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In that article they said "Leasing a new vehicle just keeps getting more expensive. The average monthly lease payment hit $661" but if you went and financed that same vehicle your monthly payment would be even higher.

The rationale is that the monthly payments 'end' (replaced with out-of-warranty maintenance costs) and it's not forever like if you lease the car.

Ideally, best car is paid car.

[Buster]

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Starting is the key word here... It's a Macan not a 911 GT3 Touring.

Porsche buyers are the least rational I think, so they will be the last ones sitting around winding what happened

[max_boost]

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The rationale is that the monthly payments 'end' (replaced with out-of-warranty maintenance costs) and it's not forever like if you lease the car.

Ideally, best car is paid car.

More fun to keep getting new tho

[flipstah]

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More fun to keep getting new tho

Anything is fun if you can afford it

[shakalaka]

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Haha. Sounds good

Wanna negotiate on the Camaro for me? lol

I have one dealer coming down 5K (but they had hiked up the price by 5k after I contacted them - they won't admit it) and the other is 2K down (but they had reduced 1500 on their own as advertised). They keep sending me bullshit bi-weekly numbers and I keep saying I need the vehicle to be at or below $X out the door and don't care about the monthly number. It's like negotiating with children. Also, looks like no Chevy dealer ( at least these two don't - one from Calgary and one from Edmonton) post the window sticker online of the vehicles as RAM and Ford does, so no way to tell what the msrp even is/was.

[killramos]

Why are you buying a Camaro lol

[shakalaka]

Haven't fully decided yet but thinking about it instead of the Bronco. Have a GC for SUV and it's good enough and R8 I can't fully and properly drive in the winter so thinking Camaro V8 will be a cheap and fun winter sports car.

I know I have issues. Like I need a 5th fucking vehicle.

[DonJuan]

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Why are you buying a Camaro lol

I assumed it was a typo or something.

[BavarianBeast]

Going from R8 to Camaro is like going from banging a super model to banging Amy Schumer

[killramos]

How is a Camaro any better to drive in the winter than an R8.

Just man up and drive your R8 in the snow lol

[shakalaka]

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Going from R8 to Camaro is like going from banging a super model to banging Amy Schumer

Haha I wouldn't be getting rid of the R8, but that analogy is on point.

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How is a Camaro any better to drive in the winter than an R8.

Just man up and drive your R8 in the snow lol

Higher up and way cheaper that I don't give a shit if it's dirty or something happens to it. I took the R8 out a couple of times and you should see what it looks like. Sad seeing it sitting in the garage in that condition and I can't even wash it cause it'll just get dirty coming back home.