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Old 02-16-2001, 03:10 PM   #1
enuttage
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Member#: 3490
Join Date: Jan 2001
Location: Austin, TX
Post

TTT

[This message has been edited by enuttage (edited February 16, 2001).]
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Old 02-16-2001, 04:49 PM   #2
Midwayman
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Member#: 1997
Join Date: Jul 2000
Chapter/Region: MWSOC
Location: Des Plaines, IL
Vehicle:
2006 Acura TL 6spd
STMGM6 alumni

Post

If they have 1k of your money, and you didnt get an agreement on price, consider yourself lucky if you walk out paying MSRP. What does the credit card receipt say the charge is for? Was there any condition on acceptance of the car?
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Old 02-16-2001, 05:42 PM   #3
AKGC8
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Member#: 1305
Join Date: Apr 2000
Chapter/Region: AKIC
Vehicle:
2000 Impreza

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I'm not 100% certain, but I don't think the deposit is non-refundable. They might tell you that, but if you decide to back out they'll have to give your money back. All the deposit is is so they hold the car for you. You haven't had a chance to look at the car yet so if it arrives and you don't want it they have to give you your deposit back. Plus you didn't sign anything, so if the dealer hassles you just hand him a lawyers card and I'm sure they'll change their minds.
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Old 02-16-2001, 06:05 PM   #4
scott_gunn
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Member#: 4203
Join Date: Feb 2001
Chapter/Region: South East
Location: Palm Harbor, FL
Vehicle:
2009 WRX 5spd hatch
Platinum Silver Metallic

Post

Hey! That's the car I ordered. You can't have it, it's mine.

j/k

This will be the first car I ever bought but the way I bargained was simple. I contacted a few dealers, and kept trying to get a better deal from each one than the last. I didn't put anything down yet, but most Subaru dealers wanted $500 down, and it was refundable. If you have already put money down, I would try and make sure it is refundable or else the dealer has you by the balls and will charge whatever he wants, since another dealer will have to beat his deal by $1000 for it to be worth your while to go somewhere else.

If you haven't signed any paper work, it is definitely refundable.
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Old 02-16-2001, 07:48 PM   #5
enuttage
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Member#: 3490
Join Date: Jan 2001
Location: Austin, TX
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No agreements, no nothing. Just a credit card receipt and a charge on the card from the Subaru dealership. No charge specified.

Midwayman, why should I consider myself lucky if I pay MSRP? I know I can march right down to San Antonio and get one for $750 over invoice (well, I know that now). Only a few things keep me from doing that.

1. I'll get my car sooner if I buy it here.
2. It'll be a pain in the a$$ to get my money back.
3. The dealer really is a nice, knowledgeable guy.

I guess I'll leverage the prices around town and see if he'll budge.

-Eric B.


[This message has been edited by enuttage (edited February 16, 2001).]
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Old 02-16-2001, 09:32 PM   #6
Midwayman
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Member#: 1997
Join Date: Jul 2000
Chapter/Region: MWSOC
Location: Des Plaines, IL
Vehicle:
2006 Acura TL 6spd
STMGM6 alumni

Post

Just saying that if you really have a non refundable deposit of $1k and no written agreement on price, there is nothing stopping him from say the price is MSRP+3k when the car comes in. In reality that might not happen, but it could. Like I said, its more likely he'll want MSRP when it comes in if there is no price agreement. Hopefully it all works out for you.
-B
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Old 02-17-2001, 12:09 AM   #7
enuttage
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Member#: 3490
Join Date: Jan 2001
Location: Austin, TX
Question Suggestions on bargaining down

Anyone have any suggestions on how to go into the dealer bargaining phase of buying my car?

This'll be my first new car purchase, so I'm up for any input.

Here's my situation:

Have a $1000 non-refundable deposit down on a 2002 WRX sedan (silver), although I have signed nothing but the credit card voucher and definitely nothing that says that the money was non-refundable.

The dealer has already charged my card (did a long time ago).

Options: Spoiler, air filter and security system upgrade.

I'd like to walk out paying no more that $25K flat for the whole deal including TT&L. However, I've heard that they aren't dealing below MSRP.

Any suggestions? And how non-refundable do you think my deposit really is? Oh yeah, I'm willing to wait for a later shipment.

TIA,

Eric B.


[This message has been edited by enuttage (edited February 16, 2001).]
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Old 02-17-2001, 12:12 AM   #8
Spazz41
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Member#: 3753
Join Date: Jan 2001
Location: Pleasant Grove, Ut
Vehicle:
2002 WRX
WRB

Post

When I was considering it, I called/emailed all the Dealers around me saying that some dealers are offering as low as 400 over invoice and can they compete with that at all. I got one dealer to commit to 700 over invoice.

I think your situation is different though, since you have already put money down, the delaer will most likely not be willing to lower the price at all. They would probably be contempt keeping yoru down payment and then selling it to someone else if it came down to it, but thats just from my exp. with the dealers.
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Old 02-17-2001, 05:34 PM   #9
Screaming2.5
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Member#: 2980
Join Date: Nov 2000
Location: Boise, Idaho, USA
Vehicle:
2005 Outback
Silver

Post

Sounds like you might be a little late. But next time, try it like this: Do your research, know what the invoice price of the car is. You can find it on Edmunds.com. The next thing is don't commit to anything until you have come to a firm price - get it in writing or an e-mail, so at least you have some proof if you need it. Next contact as many dealers as you can within the distance you want to travel to get the car. Next, be ready to buy when the price is right. Car dealers will bend over backwards when you use the words, "I'm ready to buy today." FInally, make the dealers compete for your business. Push a little, say things like, "I'm not really concerned about travel distance" or, "well I think I'm going to have to talk to some other dealers." I ordered my WRX out of Salt Lake City, but I contacted 6 dealers in Idaho, 3 in montana, and 3 in Utah. I was able to get the car I wanted, with the options I wanted, for a really good price. I'm going to pay $350 over invoice price. With a short throw shifter, and security system, all the dealer fees, and tax I'm paying $47 dollars over MSRP. I'm not too sure what to say about your current situation, but hopefully it will turn out for the best.

JJH
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Old 02-17-2001, 08:36 PM   #10
dandbest
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Member#: 1885
Join Date: Jul 2000
Location: Bayside, NY
Vehicle:
2014 WRX
Wicked White

Post

Ahhh, the beauty of credit cards... Listen, dont worry about it. If you dont like the price of the car when it arrives, and the dealer doesnt want to give you your money back, just call the credit card company, and challange the charge, and within a month, you'll have your money back. Trust me, I did it when I almost bought a GSR. It took a month, but they got it done. Had it been cash, forget about it.

Danny
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Old 02-17-2001, 08:50 PM   #11
D-Rock
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Member#: 3651
Join Date: Jan 2001
Location: Salem, NH
Vehicle:
2001 2.5 RS Coupe

Post

I guess I'm really lucky to be living close to Van Bortel Subaru. I had already given a dealer $100 to hold a new Jeep but they couldn't devliver on time and I went and got an Impreza RS. I haven't gotten my money back yet but I don't think it will be a problem. Van Bortel gave me no hassle $400 over invoice. Thats the policy there and I love it. I think more dealerships should adopt this policy if they want to sell more cars. Plus the dealer doesn't have to waste as much time trying to bend you over. I'm not sure on how many WRXs that Van Bortel can get now though. They have already pre-sold a good amount.

D
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