$2,000 under invoice
#1
Instructor
Thread Starter
$2,000 under invoice
I have a deal percolating on the 2 LT Z51 7 speed with MRC and upgraded wheels(black machined aluminum), transparent roof, performance data, and a bunch of carbon doo-dads.
I wanted a 1 LT Z51 7 speed with MRC and the $495 black wheel option. Same dealer found me one but is charging $1000 over invoice for it. Lease price are only $65 a month different.
$2000 under invoice is almost 11% off MSRP. Best I have seen on the forum has been 12% from an Iowa dealer who couldn't unload the car and I think buyer had employee discounts.
What do you all think?
By the way the color is Daytona Sunrise Orange. My favorite color.
Thanks,
Jim
I wanted a 1 LT Z51 7 speed with MRC and the $495 black wheel option. Same dealer found me one but is charging $1000 over invoice for it. Lease price are only $65 a month different.
$2000 under invoice is almost 11% off MSRP. Best I have seen on the forum has been 12% from an Iowa dealer who couldn't unload the car and I think buyer had employee discounts.
What do you all think?
By the way the color is Daytona Sunrise Orange. My favorite color.
Thanks,
Jim
#3
Le Mans Master
Redo your math.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
#4
Race Director
Member Since: Feb 2014
Location: Center of the Universe, Alabama
Posts: 12,243
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Redo your math.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
#5
Team Owner
If your numbers are correct, run and get it.
#6
Burning Brakes
I dont think the car is truly $2000 under invoice.
Why dont you post up the dealer price offered and a link or pic of the window sticker?
We can get to the bottom of this with enough info.
Why dont you post up the dealer price offered and a link or pic of the window sticker?
We can get to the bottom of this with enough info.
#7
Too Much Fun
Redo your math.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
#10
Melting Slicks
Redo your math.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
Invoice plus 200 is supplier pricing which is about 9.2% off MSRP. On a 60K car each % is 600 so 11% off would be about 1000 under invoice. Based on the spreadsheet pricing in 2015 in the stickys the difference between invoice and dealer cost on a 60K car is about 1700. No dealer will sell you a car for 2000 under invoice which is below their cost.
Best advice-- call a forum dealer close to you and negotiate off supplier pricing.
#11
Instructor
Thread Starter
Actually, I'm waiting on the invoice information. By my calculations, the selling price should be $64,406.
I got that number from Kelly blue book. I might be backing the wrong horse using those numbers?
Thanks so much.
#12
Better look over that lease contract.
#14
Le Mans Master
Oops just realized I did not take into account the 1000 price increase. So take off 10.2% from new MSRP and go from there.
Last edited by Corgidog1; 03-25-2015 at 02:23 PM. Reason: correction
#15
Burning Brakes
Based off the word document you posted this car was built and stickered before the $1000 price increase.
So $2000 off invoice should be something like $63106 if my calculations are correct. If you can swing that deal buy immediately, dont haggle, dont ask questions.
Last edited by TennisFreak; 03-25-2015 at 02:10 PM.
#16
Instructor
Thread Starter
I suspect this must be a build before the thousand dollar increase because when I build it on the website it is at least $1000 more.
I think part of my problem is my favorite color is plaid.
Again, thanks.
Jim
#19
Le Mans Master
#20
Instructor
Thread Starter
[QUOTE=mpuzach;1589264960]Invoice on the car is $65,196.60.[/QUOTE
]
There was a dealer IMR contribution and an LMA group contribution of $709.45 and $500 respectively which led to the $66,406.05.
Much appreciated,
Jim
]
There was a dealer IMR contribution and an LMA group contribution of $709.45 and $500 respectively which led to the $66,406.05.
Much appreciated,
Jim