Buying & Leasing Interested in getting a G37? Ask your Questions in here.

Dealer Invoice vs. Internet Invoice

Thread Tools
 
Search this Thread
 
Old 06-12-2010, 12:18 PM
  #1  
reddemon73
Registered User
Thread Starter
 
reddemon73's Avatar
 
Join Date: Jan 2008
Posts: 93
Likes: 0
Received 0 Likes on 0 Posts
Dealer Invoice vs. Internet Invoice

Hi everyone,

This is just a general question. I'm currently helping a friend purchase a new car. I have been quoted a price by a dealership for +$500 over invoice. When we came in to sign the paperworks, the dealer showed me a piece of paper stating this is their invoice. The price on the sheet is about $500 more than the listed price on both Edmunds and MSNauto. Is this another one of the dealership tricks???

Thanks.
Old 06-12-2010, 02:28 PM
  #2  
Clutchr6
Registered User
 
Clutchr6's Avatar
 
Join Date: Apr 2010
Posts: 165
Likes: 0
Received 1 Like on 1 Post
I would be interested in this as well
Old 06-12-2010, 02:30 PM
  #3  
hispeed-lowdrag
Registered Member
iTrader: (7)
 
hispeed-lowdrag's Avatar
 
Join Date: Apr 2009
Location: Pensacola Beach, FL
Posts: 4,190
Likes: 0
Received 5 Likes on 4 Posts
I'd take those listings in and ask the dealership why there is a price difference. Ask them to match it or no deal
Old 06-12-2010, 02:52 PM
  #4  
Creepers
Registered User
 
Creepers's Avatar
 
Join Date: Jan 2010
Location: philly
Posts: 362
Likes: 0
Received 1 Like on 1 Post
im not in the car selling business, but the invoice shouldn't shift more than a few dollars. $500 is a huge discrepancy and i would be cautious before purchasing a car from them.
Old 06-12-2010, 03:41 PM
  #5  
Mike
Registered User
iTrader: (1)
 
Mike's Avatar
 
Join Date: Feb 2008
Posts: 4,549
Likes: 0
Received 20 Likes on 11 Posts
I have been in the business, and this is what I can tell you.

The invoice can change throughout the course of the production cycle (meaning, different cars of the same model year with same options can have different invoice prices, depending on production date, if the price was changed mid-year). Internet sites (edmunds, truecar, amex, carsdirect, etc.) do not typically reflect this.

The invoice can vary if the manufacturer tacks on a regional advertisement fee. Internet sites SOMETIMES reflect this, but not always. This is partially why they ask for a zip code (but it is more so they can turn you into a lead for a local dealership).

If you doubt the invoice on an Infiniti, ask a sales manager to pull it up on the internet system (nnanet)


@OP: where exactly is the price inflated? Every price (base + options) or something tacked on at the end?
Old 06-12-2010, 04:09 PM
  #6  
Boomer-Bob
Registered Member
iTrader: (1)
 
Boomer-Bob's Avatar
 
Join Date: Jun 2009
Location: In fear
Posts: 699
Received 10 Likes on 6 Posts
In my experiance, Infiniti invoices were just about dead on. Toyota, well, "imaginative" IMHO. I just kept in mind *my* target price and compared dealer offers against it and each other. I wouldn't be shy about showing your numbers to the dealer and asking. Could be an option, maybe dealer cash etc. ??
Old 06-12-2010, 04:23 PM
  #7  
DigMy35x
Registered User
 
DigMy35x's Avatar
 
Join Date: Aug 2008
Posts: 79
Likes: 0
Received 0 Likes on 0 Posts
Definitely print out what you found on Edmunds or the internet and take it in with you. there could be different options, destination charge (junk but hey, it's there!) or a bank fee or something along those lines that they add in to the price.

Just get a detailed listing printed out and hold it up to your detailed listing that you brought with you and go through the numbers one by one. It's not a race and if the dealer is not patient, ask for a quiet desk that you can sit at and tell him/her to chill while you figure out what the difference is.

If they are good, they'll help you do it. If not, then make them wait. Remember, they want to sell you a car. You just want to make sure you understand what is going on 100%. Just tell them that you don't want to drive the thing for 3-7 years and every day wonder "did I get swindled when I bought this or did I know what was printed on the bat when they hit me over the head with it?"

Tell the dealer that you want to refer people back to them but you need to be comfortable with all of the numbers to be able to do this. If they argue that logic then they really don't know what they are doing.

Good luck and let us know what the differences are.

Jay
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
linvbro
Engine, Drivetrain & Forced-Induction
6
08-22-2016 01:25 PM
delfinparis
Audio, Video & Electronics
2
11-16-2015 02:26 PM
Prometheus
General Tech Questions
7
11-09-2015 01:23 PM
parkern
Audio, Video & Electronics
1
10-01-2015 10:15 PM
si_driver
Brakes & Suspension
3
10-01-2015 09:53 AM



Quick Reply: Dealer Invoice vs. Internet Invoice



All times are GMT -4. The time now is 06:29 PM.