Originally Posted By: 7055
Originally Posted By: IndyIan
Originally Posted By: 7055
Originally Posted By: hattaresguy
I echo the above statement. I'm waiting until the 2015 F150's and Silverado's come out to even start looking for a late production 14.
If you have a choice the best time to buy a new vehicle is after Thanksgiving, that's when all the pressure is on to meet the end of the year sales goals.
How much of a discount can you get by doing that?
Off of MSRP of a 2014, maybe 25% or more. Depends what the manufacturer is offering as incentives right now. All the crazy low prices for the Dodge and RAM vehicles are from manufacturer rebates off of MSRP, so you aren't going to see the rebates get much bigger, but the dealer still might be more interested in selling for less at the end of the model year, but the $19.5k minivan isn't going to drop too much lower. A 2014 $40k GM half ton probably will get alot cheaper in the fall since RAM is selling the same thing for $26-28k right now. Plus on a $40k vehicle the dealers do have some room to move, even if GM is giving you $10k in rebates.
For example, our Tracker had a MSRP of $23k, but with all the rebates and programs offered, we were out the door including 13% sales tax for $17k.
I had no idea they could discount them that much, that's crazy. I was thinking like a grand tops.
How much profit are the dealerships making on these cars?
American vehicles and trucks seem to magically get discounted thousands under MSRP. Seems to me the same as raising the prices before a 30% off sale. Leads me to believe they are simply overpriced to begin with. If they were TRULY worth MSRP, then the dealer/manufacturer wouldn't have to discount them as they would sell at full sticker.
And for the OP - you can make the numbers up anyway you'd like to skew it. New can be a better value than used, all depending on your priorities. Figure out your price range and vehicle, then find the best new/used deal on it. Or get lectured on BITOG