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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (54758)1/8/2015 11:10:50 AM
From: Raptech1 Recommendation

Recommended By
smaycs4

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The much publicized "invoice price" is a marketing gimmick that many customers believe is the bottom line price. Dealers actually receive many kickbacks and rebates from the manufacturer lowering their actual cost below the invoice. Buying autos over a lifetime I have always been able to negotiate a price below the "dealer invoice." Even at that one is never sure they got the best price as buying an auto continues to be somewhat of a blind challenge. The dealer has the advantage as he knows his costs. Timing is most important where buying towards the end of a model year will usually get the best deal, especially about every 2-3 years when models change. Like many things once you buy it's a done deal and don't look back.
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