Tahoenator
TYF Newbie
I bought my 2010 Denali new a year ago. Diff between new and a used 2010 with 10k miles (different dealer) was only $3k.
But, I got a really good deal because it was a take it or leave it offer from me. I told them that's all I've got budgeted for a car. I researched their invoice costs on the internet.
They kept counter offering. I kept telling them I loved the car, their price was reasonable but my offer was my limit.... that's it. Finally after 3 weeks they called me and came within $300 of my offer. Sold.
Although it is counterintuitive - I learned this technique in a negotiating seminar I went to: "I'm love your product, I know it is worth what your asking, in fact it is probably worth more, I would even pay more if I had the money, but I can only afford Y dollars...that's all I have..."
It works great in almost any situation. Don't attack their product or their price. Agree it is a fabulous product, you would love to buy it, and it is worth every penny. But....
Amazing what happens when you don't make them defensive. Get them on your side. You would love to pay their asking price .... you just can't...you don't have that much and no you can't really borrow more..that's your limit. So sorry.
Guy had us in stitches. He taught us these techniques and then said that when IBM called him up to negotiate with him on doing the seminar.....they used the exact same technique on him: they would LOVE to pay his going rate...worth every penny, people loved his seminar...but they only had $$ budgeted..so sorry..he did the deal.
I'm glad I bought the Denali. Great car, great ride.
Appreciate the tip, as this is my sitch - I am paying cash and have a finite amount to spend, so I won't have to lie.
I am wondering, 1) do they all offer preferred price these days, and how do you find it for a given vehicle, and 2) will the 2012's be basically the same or a major refresh?