Yeah, this all is really new to me. All my cars in the past I have bought from private sellers, I have no idea how dealerships with "incentives" and "rebates" work. I am the same way though in that I don't want to look in a month and see a big price deduction and kick myself.
Yeah, sometimes buying from individuals is easier. Everyone has their dollar cutoff and if both parties can live within those limits a deal is struck. With new cars, it can be confusing because the manufacturer (Dodge) offers incentives/rebates that the dealer (usually) passes through @ 100% to the customers to help sell cars. Then there is advertising fees, invoice cost, holdback, etc.
I'm not saying my deal is the best but I like it. They are offering $6,200 off MSRP of $33,150 or roughly 18.7%. As your MSRP price increases or decreases, if you take that percentage you are getting the same deal. So if your car MSRP'd at $37k, your discount would be $6,919 or $30,081.
One of the better deals I saw was posted in another thread for Nyle Maxwell dealership in Austin, offering up to $8k off a Challenger. I actually just called and talked to a guy. That is for a $38.7k RT. I asked how much for a cheaper RT. He told me they would honor the same PERCENTAGE off on the lower priced models. That equals about 20.7% off price. In terms of my deal, that means $663 or so cheaper. However, I'd have to drive 8 hours to get the car or pay shipping. So it's not really cheaper for me. However, I might try to use a leverage to get a few more bucks out of my local dealer.
So here is the no-brainer part of that...will he make up the difference if the incentives go up, and you buy tonight at the "old" incentives? Seems like a fair question to ask him. After all, he is pushing you by saying the incentives are not going to be as good. Make him back up his words in writing. That way, you have nothing to lose.
LOL, hella good idea! :guiness:
I'm not saying the dealer is lying, but I also know they want to sale a car tonight. I'm pretty sure every dealer across the nation is saying the same thing, even if the deals are getting sweeter.