Buying New Car Negotiation Tips (USA) - தமிழ்
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- Опубликовано: 2 авг 2024
- Buying New Car Negotiation Tips - This episode covers how to score the best deal on a new car in USA. If you are in the market to buy a new car, watch this first. This covers step by step instructions on all the Do’s and Don’ts while negotiating for the best deal to buy a new car.
00:00 Intro
00:25 Usual Process
01:02 Step #1 - Decide the car
02:12 Step #2 - Check the market price
02:41 Step #3 - Check the offers
03:26 Step #4 - Identifying local dealerships
03:41 Step #5 - Send email to Sales
07:10 Step #6 - Stop by dealership to buy
08:51 - Say No to Extras
09:29 - Wrap up
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Email Template:
I am in the market to buy a 2021 Honda Accord with following options:
1. Trim: EX-L
2. Exterior Color: Lunar Silver Metallic
3. Interior Color: Black
My zipcode is 65555. Please use my zipcode to calculate the tax. Please respond with "Out the Door" price for above configuration.
Let me know if you have any questions.
Thanks.
***********************
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Just reminds me of what I did in 2018. I had figured most of these by accompanying my friends’ car purchases and once falling victim to these gimmicks when I bought my first car in the US.
But not the next time…
It was a 2018 Black Friday; there were offers everywhere for New Cars. I sat in front of my system at 5AM since most of the dealers were open from 4AM on the day.
There was a text message option in every dealer's site in Richmond, Virginia area, just started texting about the 2018 Toyota RAV4 “OTD” price. Trust me, they will cut the chase and come to the point. They will give you the number without explaining what is what. Saves a lot of time and energy for both parties. Don’t waste energy by negotiating. Once you have the OTD, skip the dealer and text the next one. If the price is higher, share the screenshot of the previous best price, he will for sure beat the price to get the business. Once you have the best price, again don’t negotiate further; move to the next dealer. Repeat the same. Trust me; it saves a lot of energy and time. Also, you realize how much margin these dealers keep on the price. Once you arrived at the best price in the town, without sharing the screenshot, say you have an offer cheaper than this say $500-$1000 lesser. At this point, you will know they can’t go down further. Don’t stop here do the same with other dealers who matched the best price. Just to confirm.
If nobody is able to go down further, you know you’ve hit the rock bottom of the price. Now, hold on to the price, you start your negotiation on free all-weather mats, rails, trunk organize, and all. Trust me they will throw those in for the heck of closing the business because they have already spent enough time with you and it was their target day too.
Once all agreed, you close your laptop and go out for the real car shopping. When I got my RAV4, the dealer was not happy at all, just wanted to do the formalities and get rid of me. LOL. That’s a good sign you’re really getting a killer deal.
I got my brand new 2018 Toyota RAV4 LE for $17,300 with a lot of other accessories. The first OTD was $22,000 (which is already a Black Friday Deal price plus the next year Toyota was remodeled one). Here the intention is to reveal how much they can go down further from the already discounted price.
When buying a car, one should never mix, identifying the car and closing the deal. These two should be treated as two distinct steps. I would suggest do each of these steps in isolation. Never mix them up. Also never walk into the dealership with an ounce of hope that you can negotiate and get the best deal. We all know who wins who loses. Sometimes, they will make us look like we are the best negotiators in the world and got the best deal, but just to realize later it was the other way 😀
Great strategy.👍🏽
Excellent strategy.
I am planning to buy a new car in next few months.
Will these strategies still work during the chip shortage and demand to buy is higher.
I already see that used car prices are almost Same as new car.
So worried if they will really negotiate and provide a best price.
Stunning strategy!! Love to follow in the coming black Friday sale.
Most under rated chennal
நான் பார்த்து வியந்த சேனல்களில் இதுவும் ஒன்று.
ஒரு கார் (அனைத்து பொருட்களையும்) வாங்குவதில் உள்ள சூட்சுமத்தை இந்த ஒரே காணொளியில் தெரியப்படுத்தியதிற்கு நன்றி ஐயா
Excellent information... Very true...
Thank you it’s really helpful.
Well explained 👍
Mass .... ❤️ Lovely like
Thanks for the video. detailed info
Good info 👍
Thanks for the advice
Excellent Vijay! Great guidance and advice
Fantastic content sir..
Thanks for the information
Nalla Explain pandringa sir. ❤️
all points nailed on my head, forwarded to many of US friends with hammer to nail..
Your tips was amazing, please publish video for house negotiations in USA
மிக்க நன்றி அய்யா 🙏🙏🙏
Valuable information & Tips. Time well spent, worth following your channel. Keep your ideas flowing and US specific information too...thanks a ton.
Best car purchasing video I have ever seen !
Excellent tips. Kudos for your genuine advise. From New Jersey
Superb 👍🏻 sir... nice to hear US car situation.
sorry for watch delay due to year end holiday.
Nice explanation
Great....clear explanation....thx for sharing useful info.
Very good information
Super sir 🙏
சார் மிக்க நன்றி
Wow bro super
You have got amazing investment strategies. Need to learn from you a lot.
Thanks sir for your highly valuable suggestions to 1st generation car buyer ☺️.
That's awesome. I m new to US. It was really helpful, the dealership is a pain in the ass.
Excellent video with tips. Keep Doing the good work for tamil community.
These kind of channels badly needed and should become popular.
Highly informative. Started following this channel for the past few months and finding it extremely useful. It would be helpful if you do a video on buying used cars as most first timers want to buy used car.
Best video
Thank you, Sir
Super Sir
Though it may not be applicable in India, the negotiation idea is very good and I learnt a lot. Thanks for sharing!
Excellent tips. I always prefer to deal with the internet department. Less hassle. Also, it helps to take an experienced friend who knows these tactics and help one maintain their balance.
Enga sir irukinga? Ivalo details a puttu puttu vaikiringa. The most needed video at the right time. Thank you so much!
Good content and Well explained, recently came across this channel and like it very much. Made the mistake of going with Family buying RAV4 in 2018 and they pushed a maintenance package which added 1200$ more. Nice tips and will be using it in my next car purchase....Thanks Vijay
Nice
Extraordinary suggestion and got a detailed view before buying car .
Can you make a similar videos like this for Indians.....??
Expecting your videos regularly.......thanks for educating us financially.......eagerly waiting for your next videos.....I am damn sure that your channel will grow in compound rate of interest because your videos are unique and informative......
Please guide younger generation like me who will be between 20 - 25 age.....thanks a lot
I have started watching your videos since yesterday. All videos are useful. I think i will complete all your videos with in this weekend . Your contents are crisp and clear. Many Thanks from Texas!
Glad to hear that.
Definitely your a master mind, i would like to know about your past. Please try making a video - how did you come to US and much more.. We would love to here. Thanks ! Your Fan from Philly!
All smart points nicely put together and well presented- Simple and neat !! Thankyou Vijay - Keep up your good work :) appreciated.
All lame things will be filtered out if one did what you said.
Thank You!
Excellent sir. Just started watching all your videos and I am addicted to it. You are providing tons of quality info which would take years to experience if not for your videos. Keep going. Your fan from San Diego.
Great to hear that.👍🏽
Honda car service ku oru vedio pannunga sir
I bought a car year ago. I almost did everything as you said. I opted for their extra package. The price went more around $3000. I wish I could have come a year ago. Very useful information. 😊
Sir I did few techniques you mentioned for recent car purchase and that helped a lot. When I purchase my new car 5yrs back lot of things they screwed up by changing my mind. I agree with what you say about do our homework before buying car. Good to know the word “Out the Door” price. Because I asked that dealer manager to provide the final price which I need to pay and i told them to reduce $500 less than what they offer. Initially they confuse me by telling different breakup then finally they said okay for the price I asked. Main hidden price in car buying is Dealer & Handling Fees in USA.
Good video 🙏🏻
Can you please make a video between buying and leasing options
Sir, you are doing a good job. SSY scheme is a good one in India?
Great video! It explains a lot of things that no one ever shares! It would be good if you could share your thoughts on buying American cars like GM, Ford as well. Buying vs leasing a car is another interesting topic.
Personally, I am not a fan of American cars - except for Tesla. Leasing - rarely comes out ahead of buying.
Mr. Vijay, could you make a video on the second-hand car purchase?
great info.. thanks.. could you do a video for buying VS leasing car in US
Financially speaking, buying is always better than leasing. Rarely, there could be good deals on leasing - especially on luxury cars. But in general, better to avoid leasing.
That's nice Vijay, I did the same thing. Only difference is I had no credit history, but I had taken a pre-approved loan from DCU only after that I had engaged the dealership. Unfortunately they feel Indians haggle a lot so the perception was shown to me as well. The model(VIN) they gave me on the email was no more in their inventory so the sales guy was not able to offer at that price. I stood on that price, I said I had no preference on the color, he went in and came back multiple times said if you are ready to buy in next 3 days I will offer you the same price. I accepted it.
Good that you stood your ground.👍🏽
இங்கேயும் பயன் தரும்
Mr Vijay, What are your thoughts on leasing, I thought you might cover that in this video.
Leasing rarely comes out as a better option. I would avoid it.
Great, but for todays situation dealers are selling more than the msrket price smd wait time for car is average month. The cheap deal we can get is if they sell the car for online price only, its a cheap.
Yeah, crazy times.
What about Sam's club or Costco Auto programs?
Sir, appidiye buying new house also any tips?
Hi Sir, Thanks for this video. Could you please suggest me, which is better to go with new car or the second hand as per the current situation?
Used car prices have started coming down. It is still not back to normal though. If you find a better deal with a new one, go for it.
👍🏽
👍❤️❤️
I have leased a Chevy Bolt EV and the 36 month lease is ending coming Feb. Any suggestions on leasing vs buying EVs? Understand leasing is very popular but I will never be able to get over the monthly payments plus I will never own it.
I would not recommend leasing. In the long run it will be too expensive.
Anna - I am living in Oregon where there is no sales tax. Is it good to buy the car here rather than in other states? Pls advice.
Yes, definitely. Total out the door price will be cheaper.
Inga ela mail anupuna oru reply yeh vara madiri
@Investment Insights - Any advice in buying used cars Negotiations
Not really. There is just one goal with used cars. Buying it for a price less than KBB value. Given the shortage in auto industry now, not really a good time for negotiation.
@@InvestmentInsightsTamil Got it. I saw few models listed the price lower than KBB with Avg. Miles between 10- 15k. But not sure they will provide OTD price.
is buying a tesla car asset or liability. I'm from california where gas price is higher than national average. considering cost of electric charging Vs gasoline , low price of tesla due to high fed interest rates , rebates offered by california state on purchasing EV. What is your take on this ?
Buying a car for personal use is always a liability, never an asset. But if you are in the market for a car, sure you can consider a Tesla.
I like you
Car prices are high now. 😂
First unga name, sinna introduction solli aarambikkalaamey !
Yeppadi - "Makkaley, naan ungal Jabbar Bhai pesuren..." antha maathiri oru catchya?
@@InvestmentInsightsTamil Yes.. "Investment Insights" channel la.. idhai pathi thaan pesa porom.. naan unga Vijay Mohan... vaanga ippo . video kulla pogaalam"
@@SafathN nalla ideava thaan irukuthu...