Negotiating strategies

Contigo

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18,376
Rent a depreciating asset and buy an appreciating one. That applies to cars in a big way too.
 

CraigWaterman11

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762
Actually, I think there is another solution here.

Hi guys, sorry, been busy lately, know I haven't been around. However just saw my brother Chris yesterday in Boston, and always have a great time........

Pretty sure theYoungconnoisseur just offered to pay for the vehicle free of charge for you. It's really generous of him to be honest. I have to admit I have my moments when I have money come in. But I never have so much money I can tell someone, everyone else, I have more money than you, openly on a forum like this. Dear God especially when I somewhat know some of your back grounds.

I've never in my life had more money that I could openly say I have more money than you'd know what to do with. But that's all behind us now. So let's close this out and start a new thread, ode to theyoungconnoisseur for purchasing the vehicle for the OP!

Just like that a forum member comes in and saves the day! Negotiating is just a pesky interference of obtaining what you want when you have money like this.
 

SPX

Junior Member
Messages
271
All depends on how well the car in question is priced - if it's cheap and you start wading in wanting XYZ% off, they'll probably just put the phone down. I've always found that if something's priced ridiculously high, you'll end up with ridiculously low offers.

The fact you're tempted to travel so far for what is a common car would suggest to the seller you're very keen (and he's priced it right).

So, in short, there's no magic formula other than knowing the market 100% before making an offer.
 

Contigo

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18,376
That's the problem isn't it. It's all very well saying the best negotiator is whoever but if the dealer has a price limit set and you insist you will only pay £x then you run the risk of losing the deal and getting their backs up. If you want the car and it is priced well then try to be realistic about the offer........
 

ChrisQP09

Member
Messages
2,999
Start by learning how long its been on the forecourt, similar models/prices privately and go from a position of strength. A dealer warranty is only worth about 1.5k max on most cars so where a private sale is lower you stand a strong chance of getting at least 5-10% off list!

Insist you don't want to spot every little flaw just want a happy all round settlement and the cash is their's. Most good sales person will understand a sale is better than not!
 

hoyin

Member
Messages
1,842
EB. I think you are too generous! That is what the problem is. My parents never got me a car. They bought me a bicycle instead.

If your daughter wants a car ask her to pay you back in instalments. After agreeing this with her get her to go and negotiate. I guarantee she will do a better job than you!


Sent from my iPhone using Tapatalk
 

Ebenezer

Member
Messages
4,525
I'm a sucker - you just wait! I also never had a bicycle nor car bought for me neither! - ended up the proud (7th and final) owner of a 105K Opel Kadett which I overpaid for due to my poor negotiating skills - Oh how I loved that old banger!
Eb
 

rockits

Member
Messages
9,179
My negotiation process is honed, well drilled & can be quite simplistic. I buy/sell/trade tech/IT all the time and a few cars now & again as well.

I spend much time researching what I am buying or selling, know what the market is paying and decide what I want to buy or sell it for. There is some movement as I will have a floor and a ceiling price.

There is no emotion....not even when buying a car. If I like someone I might be inclined to pay more or sell for less but not by much and that is only when I'm in a good mood....which is rare!

For me it is fixing your boundaries & be open, honest, transparent and be clear with your situation. At all times be prepared to say no I'm not selling for that or no I'm not paying that price and walk away.

You can always go back & change your mind to say yes or no but can't do so after if you have done the deal. Be firm but fair. You don't need to be horrible or nasty but can be quite clear and firm. Also be prepared to ask revealing questions that you might think is taking the p1ss or awkward. They can only say no or I don't want to answer that. Don't be embarrassed and get yourself outside your comfort zone. This is how you push yourself more and learn more.

Your not trying to make a friend for life and unless your loaded and don't need to care a fiver in your pocket is better than in theirs.

I have bought IT kit that was say up for 1k when they wanted 750 but bought for 100 as an example. The key is the walk away point and be prepared to walk. If you really want it and it is a fair price pay that price. If you don't really need or want it then offer a price and if they say no walk away.

I knew what I wanted to pay for my 1st 4200. I had researched the market well and had a figure. Mine was weird as wasn't strictly up for sale on the market so had no price. I viewed the car and liked it and said I was interested to buy it. I asked the seller what he wanted and he said a figure. I didn't negotiate at all not one penny as it was the best car I was likely to find and was 2.5k less than the price I had decided I would pay...and would have paid. It was a pleasant deal from a lovely chap and vice versa it worked for him.

There is no substitute for experience in making deals but just do your research, set prices and be confident. You'll be very surprised what discounts you can get or what deals you can do. If you are a non-distressed buyer buying from a distressed seller the world is your oyster. They key is making sure you are always the non-distressed person.

I bought a Server once for 100 quid and sold it for 5k. Wish I could do that more often

On the flip side I have worked long and hard for much much much less so it can be funny sometimes.
 

del mar

Junior Member
Messages
257
This is my area of expertise...

I bought a car in Paris, I managed to negotiate a 4 hour warranty !!

That got me back to Calais....
 

zagatoes30

Member
Messages
20,991
We were looking to buy a RR replacement and there was a suitable replacement just down the road, it was IMO £2k overpriced so I offered £1.5k less if they fitted a factory towbar (retail £800), they offer £700 plus towbar and I walked away.

1 week later they came back accepting my offer but by then I had decided that I didn't want Touareg so politely declined, it is still on their forecourt.
 

dem maser

Moderator
Messages
34,266
So it's coming down to one of these

58 miles away so could get it, 2010, 44K miles £4990
http://www.autotrader.co.uk/classif..._cars&postcode=rg16nl&keywords=magenta&page=5

Stockton on Tees! Bloody miles away £175 to deliver 2009 34K £4998
https://www.jenningsmotorgroup.co.uk/used/view/ford-fiesta-1.25-zetec-3dr-82/sa09tpf/#


Which one? Newer one has 10K more miles but is slight cheaper and closer.
Eb
Does it have to be that colour? If so (no offence) but i dont see that as a popular colour so there must be some negotiation to be had