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New car?
New car? / Body & Self-Image / 6:33 PM - Thursday June 26, 2008
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An Alternative Girl (Female, Who Cares?, Financial / Banking) asked:


Is buying a new car at 1% over factory invoice a good deal? I've only ever bought pre-owned cars, mostly because of the depreciation value compared to what you pay.


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A Guy Critical (Male, 22-25) answered:

Screenname: jlees


This depends on what kind of car it is.


A lower-end Ford or GM model? It's decent, but you could probably get lower.

An Infinity or "foreign" vehicle like a Honda or Toyota? Then it's very good.

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A Thinker (Female, 46-55, Financial / Banking) answered:

Screenname: justpassingthru


Tell 'em you want it for cost.

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A Thinker (Female, Miami, 22-25, Hospitality) answered:

Screenname: sexysue22


Do your homework, and you can buy one for well below invoice. I just bought a fully optioned 2008 Corvette coupe for just about $12,000 off sticker, which figures out to well below invoice price. The way to do that is, check the volume dealers, they always get kick-backs from the manufacturer because they do sell in volume. Another "perk" from a volume seller, they get more allocation, especially for in-demand vehicles, and if you order,(as I did), it's a much expedited process compared to asmall volume store. Mine took less than 5 weeks from the time I ordered till the day I drove it off the lot. Check out the Edmunds and Consumer Reports guides, they have lots of good info.

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