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| A Used Car Question (Page 1/1) |
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TheDigitalAlchemist
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MAY 24, 02:57 PM
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Lets say Fred wants to buy a used car. Can he tell them he wants the car for 1,000 cash total, (including tax). Is that still a thing?
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MidEngineManiac
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MAY 24, 03:17 PM
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Yup
But if its a dealership make SURE it is sold certified (or whatever inspection is required for licensing in NY). It's gotten real popular here for dealers to hide the "as-is" in the fine-fine print and do everything they can to hide the fact that any needed repairs come out of your pocket, they aint doing jack to it.
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Hank is Here
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MAY 24, 03:19 PM
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I bleieve you can do that with when buying a used car from a dealer. What you areally want is a total Out the Door (OTD) price. The dealer knows/collects all the taxes and other BS fees they add to geto the magic OTD number you provide. NOTE negotate on a total OTD price; do not negotiate on a monthly OTD payment amount.
I really don't think you will get a straight total OTD price on a private sale as the seller doens't collect the sales tax and doesn't know the third party fees of a notary. you can easily figure out the sales taz and call a notary/DMV for the registration fees (which really wouldn't include all the BS dealer markup)
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TheDigitalAlchemist
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MAY 24, 05:46 PM
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LitebulbwithaFiero
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MAY 24, 07:17 PM
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With dealers, I always do out the door pricing as they like to add bs fees, that to me are part of the vehicle price, not an addition to.
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theogre
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MAY 24, 07:52 PM
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If you go most places and tell them "wants a car for 1,000 cash total, (including tax)." If they don't say get lost... expect to be shown whatever junk that's going to scrap or maybe to auction next few days. Very likely has problems and barely passes any Inspections.
Most Used places have minimum ~ $3000 and they want to finance at high rates too. And been doing that for Decades.
Depending on State:
Private Sellers need only provide a Signed Tittle and maybe a Bill Of Sale.
"DMV" adds Taxes and Fees after. Most or All States calculate taxes on whatever book value and ignore any Bill Of Sale price.
New and Used Car Dealers that have "Dealer Rights" under the laws/rules in a state can take Taxes and DMV Fees and more so you never go to DMV to buy a car.
That before current problems making higher then normal prices in both new and used markets.
Many are making incomplete new vehicles then towed and parked until can get PCM BCM etc.
Others simply stopped making new cars because of other shortages.
------------------
Dr. Ian Malcolm: Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should.
(Jurassic Park)
The Ogre's Fiero Cave[This message has been edited by theogre (edited 05-24-2021).]
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Zeb
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MAY 25, 09:18 AM
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| quote | Originally posted by TheDigitalAlchemist:
Lets say Fred wants to buy a used car. Can he tell them he wants the car for 1,000 cash total, (including tax). Is that still a thing?
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Yes, but they can say "No." I was negotiating a car purchase last October. Decent dealership, we got down to "Out the door price." I said "I'll bring you a check for $X,000." They would only come down a bit. Wound up paying 3.6% more than my $X,000 offer, but didn't have much leverage. My trade-in was 14 years old and had 300,000 miles.
But, yeah, came back with the check and drove the new (used) one home.
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