Thursday, January 19, 2012

Buying a used car using the blue book retail value.?

I am a little confused. Looking to buy a used car, found 2 cars I that I liked.......when I looked up their blue book retail value they were about $1000 under the dealers asking price. Is it normal for dealers to ask that HIGH above the blue book retail value? Where are they getting their numbers? Even with negotiating it seems like they wouldn't come close to the blue book price.Buying a used car using the blue book retail value.?
We as car dealers can ask for any price we want, doesn't mean we are going to get it. We use blue and NADA as a guide for the most part, more when the price favors us. He may be in the market were he can sell over book value, if that's the case, then go somewhere else. If you like the car enough to pay way over book for it, do me a favor and come to my place. I'll be happy to sell you a car at book value. The book value gets their figure by the average in certain place. Kelly and Black Book use Manheim Auction prices the get their prices. NADA use all auctions to average it out. The prices are averaged from 5 what we call local or territory auctions in the area. Each area will vary somewhat depending on where and what type of cars. Convertible will always have a lower value when they are sold in places that have long winters for the most part. Same as 2 wheel drive trucks don't do as well in the south where they don't get snow. So in short%26lt; BARGAIN if he doesn't want to find another dealer to buy from.Buying a used car using the blue book retail value.?
That's the sales game, they buy at low blue book(one that is not available to the general public) and sell for whatever they can get. They can always go down, good luck, sales are down in all dealerships now, might be a good time to start negotiatingBuying a used car using the blue book retail value.?
Dealerships is always going to be higher than what kbb is.You have to negotiate with the dealership for a good price that fits your budget.

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