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Invoice Pricing?

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Old Sep 21, 2009 | 11:27 AM
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Default Invoice Pricing?

Hi this may be a little off topic but does anyone know of any internet sites that show you what the dealer invoice on a new car is?

The last time I bought a new truck I was able to find out the exact invoice price of the vehicle and then offered them a fair amount over invoice. I don't seem to be able to find any of those sites anymore.

Thanks in advance!
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Old Sep 21, 2009 | 11:36 AM
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Try http://www.edmunds.com/
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Old Sep 21, 2009 | 11:43 AM
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I've been on that site and can't exactly find anything on the invoice.
Maybe I'm blind....
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Old Sep 21, 2009 | 12:06 PM
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Originally Posted by Whisky
I've been on that site and can't exactly find anything on the invoice.
Maybe I'm blind....
- Click on the new cars section
- Enter your zip code when prompted
- Click on "Price w/Options" (from the tabs across the top of page)
- Select Make of vehicle
- Select Model
- Select Options, etc.

You'll get the MSRP, the invoice, the TMV True Market Value (What other people are paying)
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Old Sep 22, 2009 | 04:03 PM
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Thanks for walking me through it, got it!
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Old Sep 22, 2009 | 04:58 PM
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www.truecar.com

Easier to use then edmunds.
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Old Sep 22, 2009 | 05:03 PM
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Originally Posted by PostalAV8B
www.truecar.com

Easier to use then edmunds.
Just tried it and
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Old Sep 22, 2009 | 05:37 PM
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Hey jackass!i just went to www.truecar.com,and they said a 2009,Z06,should sell for 75.000.In the real world,65.000!
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Old Sep 22, 2009 | 06:07 PM
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Originally Posted by BigKitty
Hey jackass!i just went to www.truecar.com,and they said a 2009,Z06,should sell for 75.000.In the real world,65.000!
If you were referring to me, the OP asked for info on invoice pricing. What you pay for a vehicle is up to you. I would hope that one would research more then one site to determine what to pay for a vehicle. Use the sites as a resource, not as the end all. I am sure forum dealers can beat the TMV or average paid numbers thrown out there on these sites for Corvettes.

MSRP sometimes changes mid year. Need to know if the car you are looking at are pre/post numbers change. The sites above may not have accurate info. You can find the window sticker of GM vehicles on-line. Not sure about other manufactures. Then use these sites for research.

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Old Sep 22, 2009 | 07:18 PM
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Originally Posted by Whisky
Hi this may be a little off topic but does anyone know of any internet sites that show you what the dealer invoice on a new car is?

The last time I bought a new truck I was able to find out the exact invoice price of the vehicle and then offered them a fair amount over invoice. I don't seem to be able to find any of those sites anymore.

Thanks in advance!
I am impressed by your certainty that you were "...able to find out the exact invoice price of the vehicle..." . My comment would be that it's simply not possible to find out what dealers actually pay for vehicles.

The true number is company confidential both at the dealership and factory. The idea that all dealers pay the same amount is open to discussion too. I don't think that's the case.

In short I think the search for the elusive "invoice price" is nonsensical. While actual dealer invoice prices do exist I don't think it's possible to get them. Therefore, whatever number you do get is almost certainly much higher than the true number.

It's all a game. The buyer is played by manufacturers and dealers with the "msrp game" and then second parties get involved supposedly giving or selling tasty information like invoice.

So several weeks ago a dealer here in my area advertised several new 09 Z06s for $12,000 off msrp. I didn't realize how unrealistically bloated the Z's msrp had become. It's up in the mid to upper 80s now. That's absurd. So what if you check the invoice on a Z06 with a sticker of $86,000. And what if, hypothetically, some outside source says the "invoice" is $76,000. So then you decide two grand is a "fair amount" as you put it and offer them $78,000.

Uh, so, then you find out the dealer has advertised the car for $74,000 with NO HAGGLING. Does this mean they lost $2,000 on the sale? Uh, more likely they made at least $10,000.

Is a Z06 worth $86,000? Is it worth $74,000? Then why were they selling several years ago for $65,000 and we are supposedly in a deflationary time?

Not to pick on the Z06. Just a few days ago a different dealer offered $10,000 off on C6s as well as some big SUV in the same TV advertisement. If they take ten grand off the msrp do you suppose they still make a profit? Oh, they make a profit all that is in question is how much and that's based upon how the options have fluffed up the overall margin.

So, here's the thing. It's all a game. The msrps have kept rising nonstop in this time of deflation and very tight lending. What some imaginary "invoice" number may be is nonsense. That make believe number will just be a percent of msrp. Since msrp is make believe then invoice is make believe too.

And why call msrp make believe? Because when dealers can offer new C6s at $10,000 to $12,000 off msrp you know darn good well that they are still making a hefty profit and the car's msrp is way above market value.

Some vehicles are worse than others in this regard of msrp being a fantasy number. SUVs are legendary for it.

All that matters is MARKET VALUE. What you need to do is concentrate of trying to find out what vehicles actually are offered for and then offer LESS not more.
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