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» Save Money on Your Next Car from kirkwalsh.com
Free Money Finance has an excellent article up on buying a car via the web. He has several helpful hints on how to play one dealership against another. The article was originally published in a national magazine (nice!). I will definitely use his sugge... [Read More]

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Was this for a new or used car?

I bought two new cars using this method.

That was very interesting, thank you! I'm totally in the dark when it comes to cars and I currently own a Saturn. One of the nice things about buying that brand is that the price is fixed; no negotiating. This appealed to me because I knew I'd walk out of the dealership without feeling I'd been fooled into paying more than I should. This is nice, of course, if (a) you like Saturns and (b) you want to buy a brand new car. My next car may or may not be Saturn, but it certainly won't be brand new and your information will be very helpful when it comes time to go shopping...online, of course :)

I bought a new car with this method and it worked for me. Sticker price was 24k and got the car for 16.3k. Before the 1k and 2k rebate, I was just under TMV. The dealorships don't lose money on the rebates, the car manufacturer does.

What do you think about the Costco car buying program? Can it compete with your method?

RR --

That's a good question. I'm not sure which would work better. I think I see a post on the subject coming... ;-)

I would like to purchase a new nissan altima 2.5s, the models with sunroof is 24K. I also qualify for a supplier discount, which says I get to see the dealer invoice. Which I haven't been shown. Then if they did show it, I'm afraid I'm not seeing the real deal.
I have always had my father do the dealing for me. I want to do this myself. What kind of asking price should I start at?

Wannacar --

See the post above. You can get all the info on the dealer's actual costs from Consumer Reports. From there, you can decide how much you should offer them.

You simply have to be able say 'no, thanks at that price' at least once to the dealer. This gives them a strong message that you are serious about your research.

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