homealone

So we just bought a new hybrid car and we got it for a really good price. We got it about $300 below Invoice price! The finance person (i don’t know what they’re called) at the delearship couldn’t believe it. SHe said a couple of months ago, hybrids were non-negotiable, meaning you pay the sticker price. I think it’s because of the economy, nobody’s buying cars. But we needed to get a new car, that’s why we bit the bullet and got it.

So, first thing we did was to borrow my sister’s book which she also used to when she bought a new car. It’s called the “carbuyer’s and leaser’s negotiating bible”. It was a very informative book, and we got good tips on when to buy (the days before new year), how much to pay, where to get the info (for the invoice price). We did all that and it worked. The biggest tip that we got was how to make the dealers bid for the price. We basically auctioned off our business and of course, dealers what your business so that was pretty easy. We sent out emails or faxes to dealerships who agreed to participate and we told them what we want, and asked them to give us their best price and we did! The power of competition works.

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