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  1. #31
    Veteran Member
    Join Date
    Dec 2002
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    2,483
    Location
    Foster, RI
    Tractor
    Mahindra 3016

    Default Re: Pending new tractor purchase, How to negotiate?

    Quote Originally Posted by houstonscott View Post
    Early in the 1980's when people and banks began to leak the true cost of a new car and people began to show up on lots with the true invoice cost to negotiate with car companies began to hide those true costs. The dealer invoice is not the true cost of the vehicle. There are kickbacks over the year for a whole slue of things, number of vehicles sold during the month, the quarter, the year, in that model. So showing the invoice is not even close to the invoice by the end of the year, that number is closely guarded, and well below the invoice number the dealer will show you. Nice try. Why not be up front. When you see a dealer (right now today) in Houston selling a truck for 12K off sticker, and 2-3K below invoice they are still making a profit, and trying to break some thresholds they need to bring home a kickback over hundreds of cars sold during the year.

    HS
    It comes down to the fact that it is nobodies business what anyone pays for anything that they wish to sell. If you pay 120K for a house and flip it for 300k, are you going to tell the buyer what you paid? ( I know it may be advertised in the local paper but saying this for the sake of this discussion) What are your variables for establishing your price? Some would think it obscene of the profit you are making and say you are greedy. Others just love the house and think it worth it. What mindset would you cater to? especially if you were selling houses every day? Now add to that any personal variables such as a pending lawsuit, or a family illness or divorce or whatever else. If you are going to stay in business, you need to cover your butt. The reason for that is, there are too many variables to effect the cost either way.Car costs have been advertised and bandied about all over the place from Kelly Blue book to Consumer reports. All theses variables you mention are not written in stone as if quotas are not met, that money is not doled out to the dealership and on the flip side , if the dealer is not sued, then his costs do not go up. If a dealer needs to "give away" a vehicle to meet a quota because more money is to be made in the long run, that does not preclude that all vehicles can be sold for that price. Its as if someone asked you would you cut off your right pinky for $500,000 dollars. You can't cut off all your fingers all the time to make more money. I will agree with you on one point. No one knows what the final cost of a vehicle is; and this includes the dealer. This is why a parameter to have at least something to go by such as dealer invoice, is necessary and not necessarily of "having to be upfront" Maybe you are looking for the dealer to say "look , I don't know what this car is eventually going to cost me but I need some padding in case the worse happens". You'd be no different if you layed out millions of dollars for a product line and support of everything else because you had a chance to make a great living. The greater the risk, perhaps the greater the reward.Cars are not what they cost only because of material and labor. They also cost what they do because of advertising and litigation adding to the fact of "no one knows what a car will cost" Its all comes down to human nature to have their self best interest come to the fore whether you are a seller or purchaser.

  2. #32
    Veteran Member sam5570's Avatar
    Join Date
    Jan 2012
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    1,319
    Location
    south west virginia
    Tractor
    new holland tn70

    Default Re: Pending new tractor purchase, How to negotiate?

    Quote Originally Posted by MG1867 View Post
    Start low you can always add more money to your offer once you make a deal you can't get any back. The best negotiations happen when emotions are not controlling your decision and that is hard to manage with a new toy. You have to be able to walk away from the deal so have a plan "B" Good Luck
    this is so ture well said.

  3. #33
    Silver Member indianaEPH's Avatar
    Join Date
    Sep 2006
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    229
    Location
    South Central Indiana
    Tractor
    Kubota M59

    Default Re: Pending new tractor purchase, How to negotiate?

    Thanks for all the replays. This is turning into a hot topic.

    In the past I would have travelled far for a good deal. I would figure in the cost of fuel to get there and back in to the price. These days I also ad $50/hr for my time to see if it is worth traveling to get a piece of equipment.

    With a new purchase I am more inclined to purchase locally to get the support I need. Anyway, I hope the new tractor is almost a done deal.

  4. #34
    Bronze Member HenryFordPower's Avatar
    Join Date
    Jan 2012
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    66
    Location
    Somerset, PA
    Tractor
    Boomer 8N

    Default

    Hope it turns out well for you! Post a photo of your new toy when you get it.
    --HenryFordPower

  5. #35
    Gold Member Mounted Madness's Avatar
    Join Date
    May 2009
    Posts
    421
    Location
    Cobble Hill, British Columbia
    Tractor
    2011 B3030HSDC - Traded 2008 BX24 for it.

    Default Re: Pending new tractor purchase, How to negotiate?

    My latest tractor was a 3 dealer search, done without a phone call or face to face and no trade factored into the equation.

    Two dealers were close by and were close in price. The 3rd dealer had a somewhat better price, but he was double the distance away and it would have been a pain for warranty work.

    When I went to do the face to face, the first dealer tried to jack the price by a $1000, it was clear there was a personality clash between us and the guy just plain ticked me off. This was also the dealer I had bought my first tractor from, that had changed owners and was now run by a larger implement dealer. It was clear there was a significant shift in that dealerships business personality.

    The dealer I bought from provided a fair price, and when I introduced a trade into the deal, he offered a fair price on that. This dealer has provided excellent service and that alone was worth effort. All in all a good experience, but then again, being retired allows you the time to do this.
    2008 - 2011 BX24 with 9" auger, back blade and post driver (traded BX24)
    2011 - 2013 B3030HSDC with q/a FEL; 3pt snowblower; ballast box; 9" auger; back blade (sold B3030HSDC)
    2014 - shopping again

  6. #36
    Super Member
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    Apr 2004
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    5,848
    Location
    SF Bay Area-Ca Olympia WA Salzburg Austria
    Tractor
    Cat D3, Deere 110 TLB, Kubota BX23, Craftsman Mower

    Default Re: Pending new tractor purchase, How to negotiate?

    Much more competition on good used equipment... at least that is how it is in the car industry.

    There were many sources for new... where as used may be far and few between.

    That said... if I buy new... I shop.

    Sometimes the price variation can be huge...

    I find my best approach is to know what I want and what my bottom line is going in... this differentiates me as a buyer vs. potential buyer.

    I will never fault anyone for not meeting my price... they don't have to sell to me unless it is in their interest.

    Growing up and around the car business... no one every came in with a check book and paid the window price... ever.

    Some cars had more room than others...

    If a particular item is sold before it arrives... it is a seller's market... if not, the buyer has more leeway.

  7. #37
    Veteran Member yelbike's Avatar
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    Nov 2011
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    1,373
    Location
    Near Winnipeg, Mb, Canada
    Tractor
    John Deere 2305, 2320,Z465

    Default Re: Pending new tractor purchase, How to negotiate?

    Quote Originally Posted by ultrarunner View Post
    Much more competition on good used equipment... at least that is how it is in the car industry.

    There were many sources for new... where as used may be far and few between.

    That said... if I buy new... I shop.

    Sometimes the price variation can be huge...

    I find my best approach is to know what I want and what my bottom line is going in... this differentiates me as a buyer vs. potential buyer.

    I will never fault anyone for not meeting my price... they don't have to sell to me unless it is in their interest.

    Growing up and around the car business... no one every came in with a check book and paid the window price... ever.

    Some cars had more room than others...

    If a particular item is sold before it arrives... it is a seller's market... if not, the buyer has more leeway.
    This may be a dumb a question but here it goes anyway. Why do they post WINDOW prices if they never sell for that. Why not post the price a what they need to make ( fair market price) and thats it. No dickering.
    Carefull what you aim for, Aim for nothing and you will achieve it with amazing accuracy.

  8. #38
    Super Member
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    Apr 2004
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    5,848
    Location
    SF Bay Area-Ca Olympia WA Salzburg Austria
    Tractor
    Cat D3, Deere 110 TLB, Kubota BX23, Craftsman Mower

    Default Re: Pending new tractor purchase, How to negotiate?

    Quote Originally Posted by yelbike View Post
    This may be a dumb a question but here it goes anyway. Why do they post WINDOW prices if they never sell for that. Why not post the price a what they need to make ( fair market price) and thats it. No dickering.
    The FTC regulates Window Stickers... every new vehicle is required by law.

    The reasoning as explained to me is to level the playing field... by establishing a bench mark.

    At one time the destination fees varied a lot... now, maybe all, have a flat fee for an entire region...

    Remember Moms only new car that was delivered one mile from the NUMMI plant in Fremont to Fremont Toyota... still had the $400 destination fee...

    Saturn made a big deal about offering the no dicker price... many liked it... but not all and now Saturn is history.

  9. #39
    Silver Member indianaEPH's Avatar
    Join Date
    Sep 2006
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    229
    Location
    South Central Indiana
    Tractor
    Kubota M59

    Default Re: Pending new tractor purchase, How to negotiate?

    Well this OP has an update on my purchaing process. I expected to close the deal yesterday. At least that was the original plan. However, over the weekend I saw a very good deal on a Kubota M59 with less than 50hours. I bought the M59.

    I contacted the dealer I was working with and let him know, and thanked him for his time. He was very nice about the whole thing. Anyway, on to new things and ready to start building the homestead with the new M59.

  10. #40
    Veteran Member wedge40's Avatar
    Join Date
    Oct 2007
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    Default Re: Pending new tractor purchase, How to negotiate?

    Quote Originally Posted by indianaEPH View Post
    Well this OP has an update on my purchaing process. I expected to close the deal yesterday. At least that was the original plan. However, over the weekend I saw a very good deal on a Kubota M59 with less than 50hours. I bought the M59.

    I contacted the dealer I was working with and let him know, and thanked him for his time. He was very nice about the whole thing. Anyway, on to new things and ready to start building the homestead with the new M59.
    Just so you know around here it ain't real till you post photos.

    Wedge
    1967 Ford 4000, Box blade, straight blade, FEL, Rake, Bushhog, Backhoe, Jinma chipper, KKII tiller, Grapple.

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