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11K off is respectable. A lot just depends on what you bring to the table as far as trade and credit score. I don't have a great score but got a good interest rate, 2nd lowest I've ever had on a vehicle.
Trade in and credit score should have nothing at all to do with sales price. If they do, you're doing it wrong.
Any feedback on the below deal? It is for a 2016 Lariat SCREW 502A plus 5.0, 3.73 e-locker, moonroof, trailer tow, tailgate step, 20" wheels, 36 gal. tank, sport appearance package.
Dealer has been transparent that they'll be making $500, which seems reasonable.
it's a good deal - if you love the truck, i'd pull the trigger in a heart beat
Just bought a 2016 Ford F-150 XLT 2.7L EcoBoost from San Antonio dealership
MRSP $42,675
- XLT, 2.7L EcoBoost, 302a package, Central Console, and sports appearance pkg (see pic below)
My final price before TTL - $30,996
My final price with TTL - $33,284 ($1937 taxes $350 other doc fees)
No trade in. Probably could have gotten lower with some extra discounts like owner loyalty ($1000) and more haggling but oh well.
My Savings off of MRSP (42,675-30,996) = $11,679
They initially tried to add on an extra $2000 for tinted windows, nitrogen in tires which obviously is a bunch of crap and then ended up waiving all of that.
Financed with USAA at 1.87% for 60 months
On the San Antonio dealership I went with (McCombs Ford) website they advertise the model I went with for $30,753 (link) which is about $240 cheaper then what I paid but I didn't qualify for the Owner Loyalty bonus ($1000) or the ($500 ford financing bonus). I did qualify for the $500 military bonus however. I was initially thinking of using the ford financing bonus but they wanted to charge me like 6% APR, so it was smarter to go with USAA at 1.87%. Initially USAA approved me for 3% but navy federal quoted me at 2.39% so I called up USAA and asked them to beat Navy Federal and they said they would at 2.37% and then they have a 0.50% additional discount if that dealership is on their Car Buying Dealership list so it ended up being 2.37-0.50 = 1.87%
Depends on perspective. The bottom line is all that matters. How you get there doesn't.
Your bottom line price is still the net of your expected sales price and your expected trade in value, without an idea of what you expect for each, how would you set that bottom line?
11-12-2016, 01:42 PM
