@@TrevA102 nah... customers are a dime a dozen. Theres only so manu g wagons, in so many specifications, at the color, equipment, etc.. that you want. We know what we got and we know someone will pay... kick rocks. Sure... maybe YOU will say no... no problem becauee HE will say yes
My old roommate was in car sales. “Sounds like the other dealership is giving you a great deal, probably should go with them”. Very standard reply to this.
Is that because they think they're calling your bluff or do they not care if you are telling the truth as they'd rather miss a sale in order to not have to deal with you?
@@topfueljunkie100 Trust me, you want this question answered. And true story. Do not even say this unless you're willing to walk out, or you lose face and respect from these sharks.
@@MB-gd6be no one cares about some fkn respect from a car salesman 😂😂 just give me a good deal or I'll go find someone who will, it's never been easier to find than now
Your friend was a garbage salesman then. It's very easy to play dealers against each other if you have even a slight clue what you're talking about. Especially if the car is being sold at multiple dealers close by
I’m an F&I Manager and this is not right, money factor is a special rate program by the manufacturer, cannot be modified and it only goes up depending on your tier (credit)
False, the money factor can not be equated to interest rate. The two serve different purposes and depreciate the collateral differently. The money factor works in tandem with the residual to net out a payment.
Yea this only works when there are competitors that actually have vehicle inventory. Everywhere you go they won’t drop prices at all unless you have a connect cause of supply and demand so you’re stuck getting screwed by dealerships. That’s the reality we’re living in in 2022 folks.
Bro, G-Wagons are 100k over sticker right now, and nobody really leases them, most is cash or finance for the tax write off .. You will never get it nowhere near a sticker price right now
Since when is a g wagon 100k and especially if you are leasing it which means it’s a new car, it’s closer to 200k, and dealerships won’t say yes to this, you need to have evidence so bring papers from different dealerships so they might consider the deal
Wow amazing negotiation please keep dropping this incredible knowledge on us 😂😂😂😂 this is how that would go. “The dealer across town, we own that store who did you speak with ??” The G wagon currently retails for about $20,000 over sticker price and we don’t typically negotiate with first time customers. Is this vehicle to expensive for you ? You might be interested in one of our certified pre owned vehicles? Let me know when you’ve made a decision I have important clients to follow up with.. he sounds like one of those Mavens that’s so good at negotiating he leaves without the vehicle 😂😂😂
Once i pick which car I wanna buy Call all dealers, narrow it down to 2 best Pack ur breakfast, lunch, dinner Go visit the dealer. Usually takes about 3-4days
Since when in recent history does the customer have any power? Shortages everywhere, you will be lucky to find a car you want let alone 20 dealers who have one. If I were a dealer I would just a wait a day and get someone who will pay more.
@@AS-hu2ek lol that’s kinda funny, i have 2012 civic coupe, payed off and she still runs like a champ. Not the most luxurious car in the world but at least I don’t gotta worry about ole Betsy she’s running strong
G wagon is probably not the best example. G wagons are definitely way higher than $100k. Your money factor estimate should be pretty close to real life. Mileage is determined by the buyer. It adjusts the residual. If you need help, I can give substantially more information on how that really works. Those aren’t fees.
Awe we like customers who try and tell the salesperson how it’s going to go. Fun fact we do this all day everyday. When your home sleeping on Saturday and working from home we are in the lions den. But please step in I’m hungry.
There really isn’t much room for negotiation on new cars these days. We were already seeing a supply shortage stemming from the chip shortage last year, and now many European car manufacturers have halted production due to Russia’s war since Ukraine is home to manufacturing facilities or essential wiring components, and Russia basically controls the global supply of two essential raw materials in car manufacturing, PLUS China is going crazy with lockdowns and might end up declaring their support for Russia’s war which would halt trade with China, and Chinese parts and materials are essential to US car manufacturing. If you can find a dealer who will sell to you even $1 under MSRP, that’s probably the best deal you’re going to find anywhere right now. With record inflation, I’ve also been seeing a decrease in 0%-1.9% APR finance offers that used to be a dime a dozen for new cars.
I'm a car sales/lease Consultant for a high-end dealership that'll not disclose. This customer would be BS for sure and will not work and you as a customer. This would be a total waste of time. PRO TIP Trying to hustle a higher end dealership will not work like this just saying.
I sell bikes in a shop and privately, whenever someone says a competitor can do it cheaper I tell them it's a good deal and they should take it, my bikes always end up selling at the asking prices so I'm not worried about it
$7000 a year if your put $100k in a interest bearing account you can about 3.5% instead of buying it cash you'll save $3500k so the whole deal is $3500k\year. That's how much my car cost.
Don't follow anyone that's advising you on leasing a vehicle. Also, why would anyone want a G Wagon? I remember a guy I worked with showing me one online telling me how awesome it was. I had never heard of them so I was going into this conversation cold. I was like, that is one of the most hideous vehicles I've ever seen. That was 17 years ago, I've only seen one in person and I can confirm that I was right 17 years ago!
Why would you try so hard to lease a vehicle? Leasing is a never ending money pit. Unless you can write it off on your taxes because you own a business that makes you more money than you know what to do with, buy the damn vehicle. Dont waste money on things that dont make you more money.
Sir other car is $90,000. Because it has less options. Ya not compairing apple to Apple sir ... sir your credit ain't at our stand requirement... your score is 590 . Your payment will be higher than your credit score...
Salesman: “Cool, Let’s run your credit”.. moments later.. “great news you’re approved, price is $100k” Customer: “thought you were going to lower the price” Salesman: “I never said that” .. and now i ran a hard inquiry on your credit score for the next dealership to see . Hit the road window shopper
You have zero leverage buying a car right now. mSRP or marked up from that. Take it or leave it. Someone else will take it. I’m not buying a car till it settles down
➡️Financial Freedom Resources👇
beacons.ai/thelegacyinvestingshow/
Can you see with your eyes? I'm Asian btw...
"damn bro, go check out the other guys then"
no actually car salesman are much more lenient in lowering prices bc of commission
@@TrevA102 nah... customers are a dime a dozen. Theres only so manu g wagons, in so many specifications, at the color, equipment, etc.. that you want. We know what we got and we know someone will pay... kick rocks. Sure... maybe YOU will say no... no problem becauee HE will say yes
@@MattNunez89we’re talking about regular cars my guy 💀
@@MattNunez89delusional
Honestly
My old roommate was in car sales. “Sounds like the other dealership is giving you a great deal, probably should go with them”. Very standard reply to this.
Is that because they think they're calling your bluff or do they not care if you are telling the truth as they'd rather miss a sale in order to not have to deal with you?
@@topfueljunkie100 Trust me, you want this question answered. And true story. Do not even say this unless you're willing to walk out, or you lose face and respect from these sharks.
@@MB-gd6be no one cares about some fkn respect from a car salesman 😂😂 just give me a good deal or I'll go find someone who will, it's never been easier to find than now
Your friend was a garbage salesman then. It's very easy to play dealers against each other if you have even a slight clue what you're talking about. Especially if the car is being sold at multiple dealers close by
@@topfueljunkie100they are calling your bluff and also it’s to make them in a stronger position because they don’t come off as desperate
I’m an F&I Manager and this is not right, money factor is a special rate program by the manufacturer, cannot be modified and it only goes up depending on your tier (credit)
“I found a dealer across town that will do it for $90,000”
So why are you here then
no actually car salesman are much more lenient in lowering prices bc of commission
To compare prices.most people recommend to get numbers from different places and then make up your mind.
You clearly don’t know what shopping around is , obviously even if the first offer is good you still want to shop around 🤦♂️
@@shadowk4718gotta be a young one. they messing up the whole game
Lol hearing a salesman say fair enough is like hearing my ex wife say we can share custody
thats one way of looking at it. she just wants to date and go partying while you take care of the kid.
@@BobRooney290facts
I found another dealer for 90k , ok good go to him 🤣🤣🤣
Yeah for real lol this is probably going to be the response
no actually car salesman are much more lenient in lowering prices bc of commission
Armenians and cars :) ehehehe
@@J35Y6.B58 Tell me you suck at Sales
As a man who is a car salesman this sh*t doesn’t work
as a car salesman, if i’m allowed to lower prices to match, i easily do this for the commission
@@TrevA102 that’s cause your ass. A real salesman closes for all the money
Why would we listen to you y’all known for ripping people off
Never be so in love with a vehicle that you're not willing to walk.
False, the money factor can not be equated to interest rate. The two serve different purposes and depreciate the collateral differently. The money factor works in tandem with the residual to net out a payment.
Always choose Lowest miles they’ll wave your fees if you trade for a new lease or if you purchase your lease.
If you trade in or buy the lease out it waives your overage fees. Only time you pay on overage is if you just return the car.
oh really?
Dealers dont control money factors, banks do. Dealer can often add "mark up" typically equivalent to 2% apr
Money factors are determined by the manufacturer not the dealer. They are non negotiable....
Last time I tried to negotiate at a dealership, I was escorted out by security!
Yea this only works when there are competitors that actually have vehicle inventory. Everywhere you go they won’t drop prices at all unless you have a connect cause of supply and demand so you’re stuck getting screwed by dealerships. That’s the reality we’re living in in 2022 folks.
When I worked with Dealers the only people that called and did this were all Asians lol 😂 😂😂😂😂
It's like hearing someone replay an argument in their head and saying what they wanted to say.
Bro, G-Wagons are 100k over sticker right now, and nobody really leases them, most is cash or finance for the tax write off ..
You will never get it nowhere near a sticker price right now
Since when is a g wagon 100k and especially if you are leasing it which means it’s a new car, it’s closer to 200k, and dealerships won’t say yes to this, you need to have evidence so bring papers from different dealerships so they might consider the deal
Wow amazing negotiation please keep dropping this incredible knowledge on us 😂😂😂😂 this is how that would go. “The dealer across town, we own that store who did you speak with ??” The G wagon currently retails for about $20,000 over sticker price and we don’t typically negotiate with first time customers. Is this vehicle to expensive for you ? You might be interested in one of our certified pre owned vehicles? Let me know when you’ve made a decision I have important clients to follow up with.. he sounds like one of those Mavens that’s so good at negotiating he leaves without the vehicle 😂😂😂
Once i pick which car I wanna buy
Call all dealers, narrow it down to 2 best
Pack ur breakfast, lunch, dinner
Go visit the dealer. Usually takes about 3-4days
Wildly unrealistic in any car. And completely impossible on a g wagon
Since when in recent history does the customer have any power? Shortages everywhere, you will be lucky to find a car you want let alone 20 dealers who have one. If I were a dealer I would just a wait a day and get someone who will pay more.
This shit don’t work like that 😂 they’ll tell you to kick rocks everyone gotta make money bro
I don’t think they gonna tell you to kick rocks, they just gonna try and pull some more grimey shit lol
no actually car salesman are much more lenient in lowering prices bc of commission
why would go back to the dealership that charges more? so you can throw it in their face? why waste time like that?
This will never work right now due to a chip shortage. And who pays 7% APR lol
Very common on leases…
Ignorant fools.
There's no chip shortage
there's no chip shortage. they are using that excuse to scam people.
@@buryato_banderovetsright that 💩 was like 5 years ago lol
Let me get this dealership that accepts every offer I give
“If you’re such a fan of our competitors, then why did you come here?”
My APR is 0 because I don’t lease
Tell me you drive a 97 civic without telling me you drive a 97 civic.
@@AS-hu2ek no i drive a no payment car
@@AS-hu2ek lol that’s kinda funny, i have 2012 civic coupe, payed off and she still runs like a champ. Not the most luxurious car in the world but at least I don’t gotta worry about ole Betsy she’s running strong
Just install bigger tires. You'll get more actual driven miles than odometer reading. Then switch them back at the end of the lease.
90k only you lease the vehicle??? In U.K. you’d own it outright, it’s called a hire purchase.
G wagon is probably not the best example. G wagons are definitely way higher than $100k. Your money factor estimate should be pretty close to real life. Mileage is determined by the buyer. It adjusts the residual. If you need help, I can give substantially more information on how that really works. Those aren’t fees.
Awe we like customers who try and tell the salesperson how it’s going to go. Fun fact we do this all day everyday. When your home sleeping on Saturday and working from home we are in the lions den. But please step in I’m hungry.
Literally no dealership on the planet will ever just buckle like that. Fuck the internet is the worst.
There really isn’t much room for negotiation on new cars these days. We were already seeing a supply shortage stemming from the chip shortage last year, and now many European car manufacturers have halted production due to Russia’s war since Ukraine is home to manufacturing facilities or essential wiring components, and Russia basically controls the global supply of two essential raw materials in car manufacturing, PLUS China is going crazy with lockdowns and might end up declaring their support for Russia’s war which would halt trade with China, and Chinese parts and materials are essential to US car manufacturing. If you can find a dealer who will sell to you even $1 under MSRP, that’s probably the best deal you’re going to find anywhere right now. With record inflation, I’ve also been seeing a decrease in 0%-1.9% APR finance offers that used to be a dime a dozen for new cars.
I'm a car sales/lease Consultant for a high-end dealership that'll not disclose. This customer would be BS for sure and will not work and you as a customer. This would be a total waste of time. PRO TIP Trying to hustle a higher end dealership will not work like this just saying.
Real life - salesman just says "well just go to other place then if u can get it for that price"
I sell bikes in a shop and privately, whenever someone says a competitor can do it cheaper I tell them it's a good deal and they should take it, my bikes always end up selling at the asking prices so I'm not worried about it
Ok
I’m almost certain this guy knows nothing about anything
He a Millionaire......are you?
Note: dealership nowadays has a system that could check if you visited the other dealers nearby. You can't just lie.
how can they check?
When you’re negotiating with a car salesman and he says “okay, fair enough…” 😂😂😂
Who the hell can afford not even owning the vehicle and it's $100,000?!
Just buy the damn thing.
This guys out of his mind, you can’t buy a G Wagon at sticker anywhere 😂
Launched from the showroom
$7000 a year if your put $100k in a interest bearing account you can about 3.5% instead of buying it cash you'll save $3500k so the whole deal is $3500k\year.
That's how much my car cost.
Bro this guy has never negotiated in his life
Don't follow anyone that's advising you on leasing a vehicle. Also, why would anyone want a G Wagon? I remember a guy I worked with showing me one online telling me how awesome it was. I had never heard of them so I was going into this conversation cold. I was like, that is one of the most hideous vehicles I've ever seen. That was 17 years ago, I've only seen one in person and I can confirm that I was right 17 years ago!
The dealer would literally be like “ are you fucking stupid why didn’t you take that deal”
I found a blah blah....okay...go to that dealership and enjoy
Automation is charging a Xtra grand for the Floormats . Ain't no one taking 10k off nothing.
If the other dealers price is so cheap then why the hell are you here?
Leasing is the biggest fake flex. It’s a rental agreement lol.
Mercedes doesn’t allow lease mark up for more than .002. Don’t believe a word this guy is saying
Please don't try negotiating like this and think it will work.
There's like three ways to calculate APR and they all give you a different answer. APR is a con and not a good metric for comparing loans.
What do you suggest?
Dealership will just tell you to go with the competitors 🤣
7% on a lease is outrageous
Why would you try so hard to lease a vehicle? Leasing is a never ending money pit. Unless you can write it off on your taxes because you own a business that makes you more money than you know what to do with, buy the damn vehicle. Dont waste money on things that dont make you more money.
Man don’t try this in today market they don’t need ur sale when they have hella buyers for one car
For anyone that takes this guy seriously, don't
If you know the competitor is better why don’t you go there first
What? They don’t charge you high mileage fees? Even if you go over the set amount, it’s like 5-10 pounds per 1000 miles lol
Sir other car is $90,000. Because it has less options. Ya not compairing apple to Apple sir ... sir your credit ain't at our stand requirement... your score is 590 . Your payment will be higher than your credit score...
J“Hi, I would like that DBX 707. Could you do $5,000 cash?” C”Sure”
Salesman: “Cool, Let’s run your credit”.. moments later.. “great news you’re approved, price is $100k”
Customer: “thought you were going to lower the price”
Salesman: “I never said that” .. and now i ran a hard inquiry on your credit score for the next dealership to see . Hit the road window shopper
Multiple inquiries..like 10
Any APR over 5% is too much...
I did this. They told me to leave someone else will pay for it
Fun fact the rates are determined by the manufacturers and they’re national offers
Bro, this is no match for a good car salesman 😂
How to get laughed at at every dealership. Have you ever bought a car and not gotten fucked fr?
Next time you lease a car know you are in no place to invest.
When u negotiate yourself its easy...
This is the npc guy😭
Would work if you find a dealer desperate enough. You’ll get booted out that’s for sure.
Next time you RENT a car....don't. it's dumb
7.2% APR is trash lmao. The highest I’ve ever got is 1.9%
Was it a g wagon
@@gradog2095 F80 M4.
Right now you can’t get lower than a 2.9 unless a company is offering 0% which isn’t very common in this state of cars
You want to buy a $100,000 car and you’re worried about the payment? Buy a $30,000 car, it will get where you need to go for far less.
If u need a lease to afford a vehicle, you shouldn’t be driving that vehicle
This would have worked a couple years ago. They don’t negotiate like that anymore 😂
i dont negotiate with sales terrorists that rip people off.
No you won’t. Just ask them what the money factor is!!!! 99% of all leases are high interest!
Second dealer should’ve just said go to the first dealer if they’re giving you such a good deal
In the real world the salesman would be like go with the competition then
You have zero leverage buying a car right now. mSRP or marked up from that. Take it or leave it. Someone else will take it. I’m not buying a car till it settles down
He playing the game I guess but why does price dictate how many miles you can drive? Business model is FOS!
If only he hassled the guy doing it for a lower price
Next time you lease a car, don't.
Everything you did was illegal everything the second guy said is against the law
Negotiations are not illegal
@@TGMacro Not only is it a felony the first thing but the second third and four things are all against the consumer protection act
7.x% is stupidly high for a car. My apr is 1.3%
This is bad information. It's stupid to lease a car.
LEASING IS A FANCY TERM FOR RENTING THE DARN THING. NOT MUCH OF A WRITE OFF EITHER. 😁
Where is the mystery box?
Step 1, don't lease a car.
Step 1, always lease a car. you can deduct the lease off your LLC taxes.
Leasing is a fantastic financial tool. What makes you say “don’t lease “
This might of worked in 2015 but not anymore 😂
Or if the first deal was so good, just go with that one rather hassling the other salesman for a discount 😄
You never lease a car in the first place
7% acting like he got a steal lol
I got a junkyard truck that barely runs for $500
Trick to leasing…. Absolutely don’t do it !!!!
I did that and my apr would move on in ny nj half price
Proving that Asians are good in math.
You can negotiate your interest rate but this guy full of it