New car buying secret.

[J. Peterman]

I have fixed up my stand by car this summer so that I can start the new car buying process. Here are a few secrets.

1) Start shopping now, buy to buy later. Much later. I do not plan to make the purchase until the dead of winter in January or February.

2) Always get the botom line price. Otherwise they will tack on extra charges later.

3) Shop all over the city and bring your best price to your nearest dealer.

4) Do not buy on the spot or even on the day they want you to buy. Your the boss.

5) Buy at the end of the month. They need to keep up quotas. the best deals are at that time.

6) If the dealer has a board on the wall that tells you which salesperson has sold the most for the month. Go to that person. The manager will allow more discount to the good saleperson.

Any other hobbyist have any suggestions on the new car buying process?

 

[Techman]

Use a broker

If you are currently in the market for a new car, the best thing to do is contact a broker who will import a car from the US for you to meet your specs. You will save thousands of dollars even after taxes and the broker's fee. Of course do your test driving locally to decide what vehicle meets your needs first.

 

[hormone]

A broker is a great idea.
Also check prices in dealerships outside of Montreal (St-Jerome, South Shore, Eastern Townships) where prices are more often lower than in Montreal or Laval.
Think of buying in the US for now, as with our dollar, you can save 20-30% on many cars, especially the over $25 000 models. Sadly many US dealers now refuse to sell to Canadian customers (2nd to pressure from our dealers who are making profits from this). Annd sell your used car here, of course...

 

[montreal_monk01]

Thanks J. Peterman.
It's gentlemen like you who make this forum a highly educational,
worthy and constructive site.

 

[Turbodick]

I Frequently, the most dishonest people in a new-car showroom are the clients. .

As told to me by a long-time car salesman: "how do you know when a customer is lying? His lips are moving!" Flipside...that is the attitude you are up against, so if you are not tough, you are going to get screwed because they expect you to be full of shit anyway.

 

[J. Peterman]

More car buying / leasing info.

Thanks J. Peterman.
It's gentlemen like you who make this forum a highly educational,
worthy and constructive site.

Thanks Montrealmonk01,

I appreciate being appreciated


Zone Alarm,

Generaly the car dealers would prefer you to lease or finace rather than to pay cash, This is because they get a commission on thelease or the loan you take out. I can only guess that the car was going for low or 0% finacing and they will save paying the finace charges for you for the term of the lease or loan. This only happen in American cars.
If you do pay cash like I did for a forein car, tell them your leasing or finacing. They may give up their commission in the deal to make you sign on the dotted line.


A lease secret,

If you are leasing a car at this time and the lease is up at the end of the month. The car dealers will try to make you think thatyou have to buy the car out or return the car at the very last day of the lease. this is not true, you can continue to pay them the monthly payments. they will be happy to take your money. In the case where you are waiting for a 2008 model that is not available at this time, you can extend the lease by a few months to give you a choice of cars later. Then, you do not have to be preasured into buying something you do not want at this time.

 

[J. Peterman]

As told to me by a long-time car salesman: "how do you know when a customer is lying? His lips are moving!" Flipside...that is the attitude you are up against, so if you are not tough, you are going to get screwed because they expect you to be full of shit anyway.

Turbodick,

It is because the system of buying a car requires that there is dishonesty and deception on both the buyers and sellers side. The salesman is just trying to get the best price for the product and the client is just trying to pay the lowest price.

Peterman.

P.S. do you get turbo lag in your turbodick???

 

[Bucky]

Buying cars from the usa can be tricky, sometimes it voids the warranty, the car has to meet canadian security standards like 8 km/h bumper resistant, daytime running lights, emisions standards, metric speed gauge. But sometimes it's a great bargain, i heard that on a Corvette C6, you can save up to $16k
And bu the way i used to work in a Acura dealer, and the profit on a new 1.7EL was $1500...they make money with, rust proofing, extended warranty, accesories and service...i know i was in parts and i saw the prices.
example : rustproofing : we did it at a rust proofing shop around the corner, we supplied the 2 cans $10 each, labor :$40...retail price :$400

 

[Galileo]

Honda Canada has an internet fleet manager. You buy directly from that source and save $4-6K. For details, well, you are on your own.

 

[MontrealAsian]

I suggest, BUY CARS FROM THE US!!

A lot of people think its hard and too much work and too difficult. In reality, it's not tooo hard and it's well worth if if you plan to buy a higher end car. If you plan to buy a car that is less than 10k or around that range, don't bother, cause it won't be worth the trouble to save that few dollars.

Example.

Audi A8 in Canada, brand new with the BASIC options goes for about 115k.

Audi A8 in the US, brand new with the BASIC options goes for about 70k usd.

Now you buy that Audi from the US, bring it into Canada, pay luxury tax and import taxes and all that which comes up to about 21%, then you pay the currency exchange rate which is about 1.01. So 70k x 1.22 = 85.4k, add in the 2k shipping/transportation fee to you, = 87.4k, add in the fees for it to get checked and everything so that it qualifies to be driven in Canada, no more than 1k = 86.4k canadian you're paying instead of 115k

Total savings = 28.6k or almost 25% cheaper.

This is to give you a ROUGH idea and are not 100% precise, but these are more or less the numbers. Reason why their cars are so much cheaper than Canada, because we used to go by the rate of 1.4 or so, and if you were to use that exchange rate, then the price to import a car into Canada after the 1.4 difference, would really not be worth it. But ever since the Canadian and US dollar are the same, it's been big money for the people that import 2nd hand car and resell them here in Canada.

BTW, Encandirect doesn't have 3-4 HUGE car dealerships by really working on $399 margins per car you know?

The other simple reason? Canadians just overpay for everything and margins in Canada are MUCH higher than those in the US. Try buying 10 books from Amazon, and buying those same 10 books at Chapters, and you'll be EASILY be paying 50-60% more at Chapters after taxes and everything. Even after paying for the cost of shipping at Amazon.com, you'll end up saving a lot more from buying from them. I probably purchase roughly 5-6 books from them every month, and I really do end up saving so much more.

 

[mtwallet]

If the model you are interested in is available, rent one for at least a weekend. Take it on the same sort of trips you would normally be using it for. That way you can see just how comfortable it is, how well it handles, etc. And most importantly, get a real world idea of gas mileage. A hundred dollar investment before a twenty thousand plus purchase is a good idea.

PS Does this mean an end to your threads about all the thieving, con artist mechanics Mr Peterman? I enjoyed them. Good luck.

 

[J. Peterman]

Another way they can screw you.....................

............................., I was at a dealer getting a price. When they saw that I nknew all the tricks of the trade. They tried to pull the, IT COST A $100 for us to pick up your plates for you. At most dealers they charge you $25 or $30 for this service. Include this ammount in your final transaction.

 

[Ben Dover]

Comments about buying from the US are mostly accurate, but if you go it alone (without a broker) you can save a lot more. You need to do your homework... You can't lease a car in the US and bring it to Canada. US banks won't finance it if it leaves the US and Canadian banks won't finance it outside Canada. You must either have the cash, or get a cash loan before you choose your cars. Certain carmakers will void their waranties if you bring the car over the border (Honda and GM to name just two), but others will still honor it. You can also buy an aftermarket warranty for any car in Canada.. Also, certain cars, such as most Saab and Volvo models already adhere to 95% of the canadian standards (Kms on the dash, daytime running lights etc), so you won't have to spend much or anything at all on bringing it "up to code".... My suggestion: go down to the US yourself three times. Buy cars and then sell them in Canada the first two times, then use the profits to buy yourself the third car -- you will probably only need to put in about 25% (or less) of the canadian sticker price after all your wheeling and dealing.

BD

Serves canadian car companies right for sticking it too us like a bunch of sheep for the last 20 years... Let them suffer for a little while.

 

[master_bates]

I suggest, BUY CARS FROM THE US!!

What about the fact that the odometer is in miles, can that be changed?

They also say cars made in the u.s arent made the same like in canada to

witstand our harsh winters.

 

[Bucky]

master_bates, the things that can change are : collision resistant bumpers (5 km/h in u.s. and 8 km/h in Canada), emisions, standard equipment.

Check out La Facture on Radio-Canada tuesday 19:30.

 

[robertpal]

bmw 325 xi oh mmmmM!

 

[J. Peterman]

I will take...................

....................The new 2 door 3 series coup.

 

[master_bates]

Can anyone answer my question?

 

[Bucky]

Can anyone answer my question?

yes, at the dealer

 

[J. Peterman]

Maybe someone can verify this.

I have heard that small cars like Honda Civics and Toyota Corollas are less in deman in rural areas. I was told that you could get better deals on these cars if you go out to Blainville or Terrebonne. The other strategy is to get your prices out there and bring it back to a dealer near you and try to get the same price. ( This only works if there is a large supply of these cars on hand - the end of January is a good time becuase no one is buying and they have to meet a quota. )