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What's a good deal?

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  • 26-03-2008 2:46pm
    #1
    Stealdo
    Registered Users Posts: 670 ✭✭✭


    If buying new and you know for a fact that the dealer is 'one or two' short of their quarter end target what would people consider a reasonable deal to be looking for on a car of about €25k?


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    #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,712 Mod ✭✭✭✭Henry Ford III


    10% off for cash would be quite good I'd have thought.


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    #3
    Stealdo
    Registered Users Posts: 670 ✭✭✭Stealdo


    I'm not comfortable carrying a suitcase full of cash into the dealership
    (Just thought I'd get in there before the usual misreading of 'cash' creeps up later on :rolleyes:)

    Not a straight deal unfortunately there will be a trade in of around €3k's worth (without haggling) involved. Price would be made up of €24k + €1k extras.
    I'm thinking that €20k + the car might be achievable, but I don't want to either go in to high or too low and have no experience in this area. Any ideas?


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    #4
    R.O.R
    Registered Users Posts: 12,685 ✭✭✭✭R.O.R


    Make / Model?

    Even if they are short of targets a lot of dealers won't be able to stretch to 10% discount as they would loose money at that rate.


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    #5
    Stealdo
    Registered Users Posts: 670 ✭✭✭Stealdo


    R.O.R wrote: »
    Make / Model?

    Even if they are short of targets a lot of dealers won't be able to stretch to 10% discount as they would loose money at that rate.

    It's a Focus Zetec


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    #6
    R.O.R
    Registered Users Posts: 12,685 ✭✭✭✭R.O.R


    Stealdo wrote: »
    It's a Focus Zetec


    For a €24,000 Focus and a dealer looking to hit target, I'd be looking to get the car for €22,000 at the most. Just depends if there is demand for the facelift model.


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    #7
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,712 Mod ✭✭✭✭Henry Ford III


    On a trade in you'll not do next or near as well.


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    #8
    Gurgle
    Closed Accounts Posts: 5,064 ✭✭✭Gurgle


    R.O.R wrote: »
    Make / Model?

    Even if they are short of targets a lot of dealers won't be able to stretch to 10% discount as they would loose money at that rate.

    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.
    And you won't get that 10% off, for the same reason; its not much of a cartel if the members start undercutting each other.


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    #9
    R.O.R
    Registered Users Posts: 12,685 ✭✭✭✭R.O.R


    Gurgle wrote: »
    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.
    And you won't get that 10% off, for the same reason; its not much of a cartel if the members start undercutting each other.


    LOL - Mark up's closer to 50%:rolleyes:

    Dealers buy have to pay distributors for the cars - depending on which manufacturer it is depends on the margin the dealers get. I can tell you no dealers have margins anywhere near that. Don't know about distributors though.

    Different marques would be between 4-15%


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    #10
    -Chris-
    Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    Gurgle wrote: »
    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.

    Are you serious? Where did you get this information, when, from what manufacturer?

    Was it the dealer mark up or the distributor mark up? Is it based on pre or post-tax pricing?

    Or did you just make it up???

    :rolleyes::rolleyes::rolleyes:


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    #11
    galwaytt
    Registered Users Posts: 12,776 ✭✭✭✭galwaytt


    Gurgle wrote: »
    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.
    And you won't get that 10% off, for the same reason; its not much of a cartel if the members start undercutting each other.


    oh gimmeabreak...........I remember reading somwhere a while ago, that VW made, on average, Eur 270 on every Golf. Mind you, their new owners, Porsche, make Eur 7k on every 911........

    Ode To The Motorist

    “And my existence, while grotesque and incomprehensible to you, generates funds to the exchequer. You don't want to acknowledge that as truth because, deep down in places you don't talk about at the Green Party, you want me on that road, you need me on that road. We use words like freedom, enjoyment, sport and community. We use these words as the backbone of a life spent instilling those values in our families and loved ones. You use them as a punch line. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the tax revenue and the very freedom to spend it that I provide, and then questions the manner in which I provide it. I would rather you just said "thank you" and went on your way. Otherwise I suggest you pick up a bus pass and get the ********* ********* off the road” 



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    #12
    javaboy
    Registered Users Posts: 15,094 ✭✭✭✭javaboy


    Gurgle wrote: »
    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.
    And you won't get that 10% off, for the same reason; its not much of a cartel if the members start undercutting each other.

    :rolleyes: 50%? It's closer to 5%. Dealers make more money on the difference between discount allowed for trade-ins and the price they then sell them on at.


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    #13
    Churchy
    Registered Users Posts: 258 ✭✭Churchy


    Gurgle wrote: »
    ^^ lol, no way
    Mark-ups are closer to 50%, thanks to the cartels.
    And you won't get that 10% off, for the same reason; its not much of a cartel if the members start undercutting each other.

    Most uninformed post I've seen on boards.



    Ever.................and have been a member for almost 7 yrs now.


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