Equipment buying negotiation strategies, haggling stories sellers, etc.

[AnotherBueller]

This works wonders at car dealerships.

Even before you go to a dealer find out the dealers cost after factory hold backs (that's portion of the dealers price that shows on the invoice that gets refunded to the dealer at the end of the quarter. If the dealer doesn't pay right with the factory then ALL of the hold backs for everything sold in that quarter is kept by the manufacturer), and ALWAYS negotiate the out the door price. That's after ALL price add on's, like dealer prep, cleaning / detailing, temp license plate, documentation fee (around here it's $500+ for the clerk to fill out the Sale paper and the title form, all stuff they MUST do to sell any vehicle) oh and don't forget the expensive ADP fee (Added Dealer Profit). And Never, Never tell them how you intend to pay until after the sales manager has signed off on the sale. Let them lead you down the yellow brick road. The longer they work with you, the less likely they will stick to a higher price than you are willing to pay. Remember YOU have no commitment until YOU sign the sales contract, and never do that until the sales manager has signed the CONTRACT.
That's when you tell them how you want to pay, never before. the dealer must make a profit to stay in business, it's up to you to decide how much of your money you want to give them so you can come back to buy more stuff from them. Sale, parts and service all must be profit making anf=d add to the dealerships bottom line.
(sold new and used cars for ~5 years)

 

[CPTKILLER]

As a seller on occasion, I have taken some cashiers checks but no more. Most people are honest but I ran into a scammer using fake cashiers checks.

I was selling some pistols and the individual claimed to be a deployed GI. He was willing to pay full price which was suspicious. He sent a cashiers check but I waited to send the weapons until the checks cleared. The gentleman at my credit union claimed that the funds were instantly available immediately. It turned out that they weren’t and the cashiers check was part of a scam. I never shipped the weapons and end up selling them locally.

I filled criminal charges, contacted the company whose name was on the check, and dealt with my credit union with the term of instantly available funds. It was a crazy time for a few weeks.

The LESSONS LEARNED for me was not to accept cashiers checks.

IF IT SEEMS TOO GOOD TO BE TRUE THAN IT PROBABLY IS A SCAM.

 

[ultrarunner]

Happened to me once as a new property manager on a 3-day weekend I moved in a family and found out later the cashiers check was bogus…

 

[old and tired]

Need to modify that line... "IF IT SEEMS TOO GOOD TO BE TRUE THAN IT IS A SCAM.

 

[part-time-Farmer-NC]

So how does that negotiations happen with a dealer who has a zero haggling policy? I rarely buy new, but have seen a few dealers who post a no haggling price on their buildings.

 

[ultrarunner]

Me too… but still pick up something like added service, extended warranty, etc.

It comes down to for x amount we have a deal and here is my number…

Your biggest leverage is being able to walk away.

The nice thing about new is you have options.

Sister In Law wanted Honda Odyssey Touring and no SF Bay Area Dealer was dealing… they were selling everything so why would they?

He made a few out of area calls and saved thousands…

Rural Dealer said he has to order 1 of every model and said no one local would buy a MSRP 46k Honda…

Dealer was glad to move it and made it more than worthwhile.

 

[tradosaurus]

So how does that negotiations happen with a dealer who has a zero haggling policy? I rarely buy new, but have seen a few dealers who post a no haggling price on their buildings.

They don't.

If I would have to go through a middle man to buy a car (dealer mafia network) then I would shop around until I found a dealer that would negotiate.

 

[chim]

So how does that negotiations happen with a dealer who has a zero haggling policy? I rarely buy new, but have seen a few dealers who post a no haggling price on their buildings.

I've bought new and used vehicles. One time when shopping for a new car, the salesman told me they wouldn't negotiate to prices less than MSRP. I immediately walked out.

 

[caver]

Hay Dude's response reminded me of selling my dump truck. These kids drive from PA (700+) miles and were the only serious buyer I had on MP. My place is in the sticks and no pew pew with me. They spend over an hour looking over everything. I told him on the phone I would drop another $100 since I had a charging issue yet the local shop said the alternator was fine. I suspect a rodent had chewed through the charging sense wire. It had 2 brand new batteries in it. I was starting to get annoyed to the point of sh** or get off the pot I have other things to do. Guy finally whines about the charging issues. I remind him of the conversation on the phone. I should have told him to head down the road but was so eager to see that dump truck leave I took another $100 off per his request. My gut was telling me this dump truck, even though solid no rust, was going to be a money pit. I was nervous as we counted out $100 bills to the tune of about 6K.

 

[Mike1955]

I got a quick story the other way. I bought a thing to locate wires with off Craig’s list. Met up at a gas station. Guy didn’t look really well off. We made the transaction fine. But he pHoned me twice asking if I had anything to do with law enforcement. Made me think maybe it was hot. But no problems