So I've got my eye on a 2004 honda accord. It's at a local fleet sale(they come through every once in a while), it is a trade in that they got this weekend. I'm not sure if I want to FO or not, it all depends on the price I can get it for it and how much insurance is going to cost me. I'm thinking it's not going to cost too much as they haven't had the opportunity to detail it and it's got a couple dings.(disclaimer, I DGAF about cosmetics as long as it runs)
If I do FO should I get their cash price and secure my own loan? Or work with their bank?
Any tips on bargaining to get the price down?
Credit union vs bank?
FO or not to FO?
AAR:Wow. So I went in yesterday and asked them what they're no bullshit cash price was for the car.
They told me
dealer:"well it's got like $1500 worth of body damage, but normally this would be a $16,000 car."
me: "you know I can go and get a NEW Honda fit or a Honda civic for $15K right?"
Him: Yeah but that's a honda fit, two totally different cars.
Me: OK But I can go up the street to discovery honda and get a brand new base model accord for $20K right?
him: "yeah but that's a base model, this isn't a base model"
me:It's an LX....
Him: Well you can go ahead and go up to discovery I'm not even sure where that is. But I doubt they'll be able to offer you a better price. You either you want it or you don't.
I walked away and drove down to discovery to look at car prices. I ended up driving off in a '98 chevy lumina LTZ. 1 owner, who was an elderly gentlemen who religiously serviced it. 85,000 miles immaculate inside and out unlike the accord. Sticker price was $6300, I ended up paying $4800 before taxes and license $5400 after.
I went back and apologized to Paul that his coworker was a douche waffle and lost him a sale. I was I driving off he looked PISSED and I'm pretty sure he went off to go give the other guy a piece of his mind.