Re: what's your dream dealership? (M this 1!)
quote:[HR][/HR]but it seems, everyone wants to have everything you want above AND get the car close to invoice. what other product out there goes for 2% profit margin? none, it doesn't work. so if we would all pay the sticker listed and get non commissioned salesman we'd have a much more ideal dealership[HR][/HR]
When I bought my Jetta, I did not get it close to invoice. Granted I felt I got a good deal, but you know what invoice is if you find out the residuals for the car.
With the 337 I will pay MSRP. I believe it is a good price for a special car.But I also want to get a decent amount on my trade in.When I see KBB or other sites value my car for less than what I think it is worth,I don't think it is fair.
(Here is my figuring,the price for my car when new was $23,600,take off about a thou a year just on depreciation,3 years so $20,600, my car has been to all it's required maintenance and oil changes,I've fixed everything that has gone wrong with it,window regulators,MAF..)and it currently has 34,700 miles, for 3 years that is less than 12,000 miles per year(average is 12 to 15,000), It is a VR6 GLS 5 speed, leather interior ,and CD changer in the trunk. let's take off another $2000 grand for excess wear(which it does not have...but realistically you can get Jetta 1.8T new in similar trim for about $20,000+) so that leaves me with $18,000.
The Dealer will not give me $18,000 for this car,why? because they like KBB and others based the worth of the car on invoice not MSRP which is what you and I pay.
the residuals for my car at the time of purchase was about $19,000 to $20,000.
invoice was also in this range. KBB valued my car for trade in at around $14,000(perfect CONDITION).
You and I know the dealer will turn around and sell this car for the above $18,000(certified pre-owned bla bla bla shouldn't cost them more than a grand).
I know I could probably sell the car and get this much but I'd rather not deal with any things that come up with the new owner(as I'm sure the new owner would rather pay the same to get a certifed car from the dealer than no guarantees from me).So my gripe is that if dealers want to treat me good an earn my repeat business,meet me halfway in the trade in issue.
Sorry if the above was a little of topic.
Give me salesmen that know the product,(when I first went to inquire about the 337,(I was picking up my car to repair the trunk latch),the salesman had know clue about what i was talking about,(he told that 5 other people had inquired about GTIs that day)he tried to get me into a black GTI VR6(hello, I'm driving a VR6 Jetta
) and then tries to sell me on a Passat,I left.
The other dealers I went to actually knew what I was talking about and were as enthusiastic about this as I was,(the manager was holding the second spot for himself,gave it to me
)
the other dealer got me a # 3 spot and required less money deposit and no "dealer profit fee" on top of MSRP(1st dealer is pulling this bull
)
The Salesman at Gunther the dealer I bought my Jetta from actually drives VW's in some SCCA events.(Gunther Btw is selling me the car at MSRP.)
Also a free loaner car,or a cutrate on rentals.
again sorry for the long post.