I'm looking at buying a new or new to me truck in the near future. I've never bought a used vehicle from a dealership and I'm wondering what kind of negotiation room there might be. (I'm just internet browsing right now until I sell my current truck.)
A dealership has a 'no hassle' price that is upper end of the KBB retail pricing (it does have lots of options/extras that aren't listed in the KBB calculation). They have had the truck on their lot for almost three months.
Obviously, this is late summer/early fall - the 2015 vehicles are soon to be on the lots. I understand that Ram/Chevy/GMC are planning lots of incentives to keep folks away from the soon-to-be-available 2015 F150 - so, there may be great deals available for brand new 2014 trucks.
I realize the used vehicle market is strong (for sellers), but I don't see any reason to pay only 15-20% less for a 1 or 2 year old truck than I could pay for a brand new one.
So, what kind of percentage off do you think could be had?
How much off have you been able to negotiate at a dealer for a used truck?
Let's just throw out sample numbers like: A 2014 truck with similar features would be around $50 (without deals/incentives). Dealer has a 2013 listed for $42.
A dealership has a 'no hassle' price that is upper end of the KBB retail pricing (it does have lots of options/extras that aren't listed in the KBB calculation). They have had the truck on their lot for almost three months.
Obviously, this is late summer/early fall - the 2015 vehicles are soon to be on the lots. I understand that Ram/Chevy/GMC are planning lots of incentives to keep folks away from the soon-to-be-available 2015 F150 - so, there may be great deals available for brand new 2014 trucks.
I realize the used vehicle market is strong (for sellers), but I don't see any reason to pay only 15-20% less for a 1 or 2 year old truck than I could pay for a brand new one.
So, what kind of percentage off do you think could be had?
How much off have you been able to negotiate at a dealer for a used truck?
Let's just throw out sample numbers like: A 2014 truck with similar features would be around $50 (without deals/incentives). Dealer has a 2013 listed for $42.
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