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Posted

I don't like the whole "negotiation" thing.

Ever tried popping into your local shop and negotiating the price of a tin of beans? No? Because that's the price - take it or leave it.

Maybe life would be much more straightforward and honest if that principle applied to everything?

Or maybe it'd be interesting to have the "cost/purchase" price to the seller of the tin of beans or car or whatever to be displayed so "we" could see what "profit/mark up/rip off" was being made?

And yes, I know that's unrealistic and is very much tongue in cheek. 😀

  • Like 2
Posted

Here's a small view into what is driving up the cost of new vehicles - the electrical systems. All of the creature comforts, ADAS, EV/BEV's technology....and all of the associated R&D costs that goes with it all. 

 

https://blog.st.com/zonal-architecture/

 

 

 

 

  • Like 2
Posted
25 minutes ago, AndyN01 said:

I don't like the whole "negotiation" thing.

 Then just go in and sign the order for list price, just like the “tin of beans”.  Nothing to stop you, many buyers do.

Posted
10 minutes ago, Graham47 said:

 Then just go in and sign the order for list price, just like the “tin of beans”.  Nothing to stop you, many buyers do.

I agree, I don't know why we treat the purchase of a new car any different than any other product, the variable is the value of the trade in which does go up and down.  

Posted

Buyers always like to feel they’ve achieved a good deal. Like stated above the variable is the value of the trade-in, otherwise new cars should be fixed price (and soon will be when we start doing the purchase online).


Posted
2 minutes ago, dash said:

Buyers always like to feel they’ve achieved a good deal. Like stated above the variable is the value of the trade-in, otherwise new cars should be fixed price (and soon will be when we start doing the purchase online).

A couple of years ago you could buy a car in Costco, so online could be an option. 
i wonder if they would deliver to my house and take away my part-ex. Lol

Posted
2 hours ago, Graham47 said:

 Then just go in and sign the order for list price, just like the “tin of beans”.  Nothing to stop you, many buyers do.

I'm afraid that misses the point.

How is it OK for person "A" to pay a different price to person "B" for the same item from the same "shop?"

Does that mean that it's OK to charge different prices depending on some "talent" that one person has but another doesn't?

Posted
3 hours ago, Yugguy1970 said:

Aye.  You've basically got to keep stonewalling them until they come back with a sensible figure.

As the salesman I would tell you that I needed to speak to my manager........and then go for a nice long lunch break in the hope that you had gone to kick tyres somewhere else.

Reminded me of years ago I had a 1934 MG PA up for sale. Man and his wife came down from the North East to see the car in West London.

To cut a long story short, after providing them with tea/coffee/sandwiches over a period of hours and me telling him I wouldn't accept his insulting offer, I went inside, leaving them on the drive and sold the car over the phone to a Prewar MG specialist for about £1000 less than the tyre kicker was offering. 

His reaction was priceless 🤣 

  • Like 1
  • Haha 1
Posted
37 minutes ago, AndyN01 said:

How is it OK for person "A" to pay a different price to person "B" for the same item from the same "shop?"

Not sure “OK” comes into it, since that is essentially boils down to your ‘opinion’.  As long as each buyer is happy with the purchase it really is nothing to do with you.

Many buyers are very uncomfortable with negotiating (I am one) so choose to go down that route.

The point was it’s one way to avoid the “negotiation thing “, but it comes at a price.

 

edit…..apologies @AndyN01 that probably reads more ‘blunt’ than I intended it to.  

  • Like 3
Posted
3 hours ago, Paul john said:

A couple of years ago you could buy a car in Costco, so online could be an option. 
i wonder if they would deliver to my house and take away my part-ex. Lol

Toyota will do this already (if your local supplying dealer also agrees) ... but you will be paying list

  • Like 1
Posted

I had our previous car valued by WBAC who reduced the value by £600 because of slight damage to the front spoiler. This gave me a guideline for negotiations. I then put my preferred Toyota model on CarWow and received details from a dealer 45 miles away with  a higher spec (Moon roof) than expected in the right colour and about £3000 below list. They also gave me £1500 more than WBAC in part-exchange and the car was collected four days after receiving the details. It had 15 miles on the odometer and had been assigned to a salesman, but maybe to achieve target sales it was sold instead. A very easy deal with no negotiations needed.

  • Like 4
Posted
4 hours ago, AndyN01 said:

I don't like the whole "negotiation" thing.

Ever tried popping into your local shop and negotiating the price of a tin of beans? No? Because that's the price - take it or leave it.

Maybe life would be much more straightforward and honest if that principle applied to everything?

Or maybe it'd be interesting to have the "cost/purchase" price to the seller of the tin of beans or car or whatever to be displayed so "we" could see what "profit/mark up/rip off" was being made?

And yes, I know that's unrealistic and is very much tongue in cheek. 😀

Indeed. If I go to the doctors or dentist and they see me later than the app. time I always tell them they owe me 50 pounds for lost earnings. Naturally they just laugh in your face!

  • Haha 3
Posted

I just get the best price from carwow and ask my nearest dealer to match it. 

  • Like 2
Posted
14 hours ago, Graham47 said:

Not sure “OK” comes into it, since that is essentially boils down to your ‘opinion’.  As long as each buyer is happy with the purchase it really is nothing to do with you.

Many buyers are very uncomfortable with negotiating (I am one) so choose to go down that route.

The point was it’s one way to avoid the “negotiation thing “, but it comes at a price.

 

edit…..apologies @AndyN01 that probably reads more ‘blunt’ than I intended it to.  

I wonder what would happen if "everyone" started to negotiate the price on "everything" - such as, say, a tin of beans? How would sellers/retailers react? Would that be a genuine free market economy?

As always, each to their own and discussing different opinions is always thought provoking.

Thank you.

 

  • Like 1

Posted

Any business can sell an item at whatever price they so chose. That price can be different for each transaction. A business can also refuse to sell any item to a customer. However the business model of a car retailer is different to a supermarket selling food and groceries. There is sufficient information around the internet relating to car buying negotiations and discounts it is for the buyer to do their homework. Like others on this thread I use Carwow and Drivethedeal to get the best price and use those to negotiate with. When selling I use Motorway valuation as a starting point (far higher than WBAC) and usually sell privately at an even higher price. Haven’t traded in for years. If you don’t put the effort in, you won’t get the deals. 

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Posted
1 hour ago, AndyN01 said:

I wonder what would happen if "everyone" started to negotiate the price on "everything" - such as, say, a tin of beans? How would sellers/retailers react? Would that be a genuine free market economy?

As always, each to their own and discussing different opinions is always thought provoking.

Thank you.

 

Would take forever to get through the self-checkout😆

  • Haha 5
Posted

Andy is totally correct. 
Soon or near future with current car sales we might be lucky to see a majority of car dealers going bust and some only stay as places that offer service. All car manufacturers shouldn’t offer and sell only online and deliver cars to their customers. Dealers are nothing but doggy middle men that are trying making money on customers backs and understanding or misunderstanding of the trade. 👎

And auto industry has started to shape in this way with some in serious trouble, like vw for example. Look at vw owners or ex owners comments on social media and you can see what I am talking about. 

  • Like 1
Posted
3 hours ago, TonyHSD said:

Andy is totally correct. 
Soon or near future with current car sales we might be lucky to see a majority of car dealers going bust and some only stay as places that offer service. All car manufacturers shouldn’t offer and sell only online and deliver cars to their customers. Dealers are nothing but doggy middle men that are trying making money on customers backs and understanding or misunderstanding of the trade. 👎

And auto industry has started to shape in this way with some in serious trouble, like vw for example. Look at vw owners or ex owners comments on social media and you can see what I am talking about. 

It has been reported that VW and other European manufacturers are struggling because of the ludicrous targets set by governments to sell EV's which aren't selling in the required quantities, this must put added pressure on dealerships, who, will eventually throw in the towel and who can blame 'em, this EV nonsense has a lot to answer for   

Posted

I am completely puzzled why someone wouldn’t take a £1500 discount and pay off the finance a few days later! It isn’t illegal, and it isn’t dodgy. The reason why dealers (and other places) will often not take debit cards is due to fraud and money laundering. I am perplexed how stressed people get just over buying a car! I know it’s a big financial purchase but there are far more challenging episodes in life than car buying to get into meltdown about. 

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Posted
1 hour ago, Flatcoat said:

I am completely puzzled why someone wouldn’t take a £1500 discount and pay off the finance a few days later! It isn’t illegal, and it isn’t dodgy. The reason why dealers (and other places) will often not take debit cards is due to fraud and money laundering. I am perplexed how stressed people get just over buying a car! I know it’s a big financial purchase but there are far more challenging episodes in life than car buying to get into meltdown about. 

  • Confused 1
Posted
4 hours ago, Flatcoat said:

I am completely puzzled why someone wouldn’t take a £1500 discount and pay off the finance a few days later! It isn’t illegal, and it isn’t dodgy. The reason why dealers (and other places) will often not take debit cards is due to fraud and money laundering. I am perplexed how stressed people get just over buying a car! I know it’s a big financial purchase but there are far more challenging episodes in life than car buying to get into meltdown about. 

Gazumping is legal too but I wouldn't do that either. 

  • Confused 1

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