Purchase Price Help
#1
Purchase Price Help
Good morning,
My father-in-law is in the market for a new F-150, has found one he likes, and I'm trying to help him determine what would be a good deal, as I believe there is a lot of margin in these trucks.
It is a well optioned '16 Platinum Ecoboost Supercrew with a window sticker Total MSRP of $63,615.00.
He used the Sam's Club Auto Buying Service and an AutoNation dealer came back with $57,255.00 +++.
He noted that it already has 500 miles, which seems high.
What price would constitute a "good" deal, in your opinion?
Thank you.
My father-in-law is in the market for a new F-150, has found one he likes, and I'm trying to help him determine what would be a good deal, as I believe there is a lot of margin in these trucks.
It is a well optioned '16 Platinum Ecoboost Supercrew with a window sticker Total MSRP of $63,615.00.
He used the Sam's Club Auto Buying Service and an AutoNation dealer came back with $57,255.00 +++.
He noted that it already has 500 miles, which seems high.
What price would constitute a "good" deal, in your opinion?
Thank you.
#2
Senior Member
I will definitely be watching this thread I have been looking at trucks lately. The best price I could get was on a 2016 screw, lariat, 4x4, 3.5 ecoboost was $43K. That was after all the incentives, to me I thought was still way to high so I walked.
#5
Senior Member
There are many threads on this topic, and no insight that is going to be gained with another. Price it with Truecar, have the dealer print out the Smart Vincent report showing invoice and all applicable incentives. A good deal is invoice minus rebates, a great deal is invoice minus rebates minus holdback.
#7
It all depends on the dealer and how much they want to move it. I go for 20%off MSRP.
I got 22% off the platinum (with 6-7 miles on it)
20% off would be @ $50800,
500 miles is alot of miles for a new truck,Which means the dealer was useing it as a personal.
Just because it was never registered doesn't mean it's not a used vehicle. Go buy a new vehicle and put 500 miles on it and see what they would give you for a trade in
I got 22% off the platinum (with 6-7 miles on it)
20% off would be @ $50800,
500 miles is alot of miles for a new truck,Which means the dealer was useing it as a personal.
Just because it was never registered doesn't mean it's not a used vehicle. Go buy a new vehicle and put 500 miles on it and see what they would give you for a trade in
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#8
Subscribed. I'm in the same boat, looking at same Platinum loaded. Haven't bought a new vehicle in ages. I'm in homework mode as I'm trying to get as educated as I can without getting screwed before hitting the dealers (was hoping to be ready for August month end but I'm not there yet). I feel like the Truecar type of sites are not very helpful - as an example they say average price paid in my area for that Platinum was around $55K. That doesn't match up to the math that I've seen leading me to hope to get a deal around $50k + TTL. I've read a lot of the pricing threads, and the advice varies quite a bit (XPlan, Costco, incentives, rebates, 25% off MSRP, $4,000 below invoice, etc etc). I understand there is no simple formula (and thats intentional)- but I'm still confused about a lot of the inconsistencies I'm reading on the topic.- would love to find something that lays it all out.
#9
TrueCar is a tool, just like any other, but I do think it is one of the better ones.
#10
I priced out a loaded 17 Superduty diesel and was at an msrp of $59k. Surprised at what a good deal the truck was.