Looking to purchase this escalade, thoughts on price.

[O2bwln]

Hi Folks,

Looking to purchase this vehicle from Gold Coast in NJ and asked for their invoice, see attached

I'm in Boston and they're quoting me an out-the-door price of $86,840 based on an invoice price of $80,010.46. Seeing that the 18's are hitting the lot, how much negotiating power do I have to reduce this number.

Thanks,
O2bwln

O2bwln

 

[2011SSVHOE]

the holdback and the approx. wholesale credit stuff is their profit and who really knows how much that is, the car has been on their lot for six months and I assume they are paying the floor plan I'm sure they are ready to dump the unit. look at the msrp versus the invoice amount. I would walk or better yet run.


on a side note that's more than I paid for my house 29 years ago!

 

[15YUKON]

It's pretty sad when you think about it that SUVs are more money than small houses... something's going on here. I was looking at the 18' expy and I noticed for the first time ever Ford will have a higher MSRP than GM it starts at $52,000 for their base model.... talk about overpriced.

 

[cardude2000]

It's pretty sad when you think about it that SUVs are more money than small houses...

Really?!? Where????

 

[GTNator]

It's pretty sad when you think about it that SUVs are more money than small houses... something's going on here. I was looking at the 18' expy and I noticed for the first time ever Ford will have a higher MSRP than GM it starts at $52,000 for their base model.... talk about overpriced.

And if you all all the "right stuff" at the Platinum trim, it's hitting $83k. That's a tad more than the Yukon XL Denali I looked at yesterday...it's also Mercedes GLS money.


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[GTNator]

Hi Folks,

Looking to purchase this vehicle from Gold Coast in NJ and asked for their invoice, see attached

I'm in Boston and they're quoting me an out-the-door price of $86,840 based on an invoice price of $80,010.46. Seeing that the 18's are hitting the lot, how much negotiating power do I have to reduce this number.

Thanks,
O2bwln

O2bwlnView attachment 182685

I personally believe you have a lot more room to negotiate on a 2017, given we're in September. 2017's are dropping faster in value every day and the dealer knows this. Also there are plenty of 2017's still available on lots so you're in a good position to negotiate.


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[swathdiver]

In the late 1970s my folks bought their first home for $33k is memory serves. I bought my first in the early 1990s for just under a $100k. Suburbans back then were $30k.

 

[cardude2000]

And if you all all the "right stuff" at the Platinum trim, it's hitting $83k. That's a tad more than the Yukon XL Denali I looked at yesterday...it's also Mercedes GLS money.


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And for the price of a Denali you get an engine with more torque and HP as well as independent rear suspension, better sound system, better rear entertainment options, more interior room, more cargo room and a 10 speed tranny.

Seems reasonable to me.

 

[cardude2000]

In the late 1970s my folks bought their first home for $33k is memory serves. I bought my first in the early 1990s for just under a $100k. Suburbans back then were $30k.

I'm sure that's all true. But finding a detached home, that's not squalor, for $80k today is impossible.

Unless you live in a ****** area.

 

[swathdiver]

Well, just a few years ago during the recession home prices in nice neighborhoods were above and below $80k here on the Treasure Coast. They've since tripled or more to pre recession prices.

As for the OP, I think he can save a few more thousand but if the truck is exactly how he wants it, then he should buy it. It will probably bug him more in letting his perfect truck get away than saving a few dollars a month in the grand scheme of things.

I was trying to hold out until summer to buy my truck but was forced to make a purchase sooner. In the end I saved thousands anyway and got a truck I'm well pleased with.

 

[GTNator]

And for the price of a Denali you get an engine with more torque and HP as well as independent rear suspension, better sound system, better rear entertainment options, more interior room, more cargo room and a 10 speed tranny.

Seems reasonable to me.

Haha, yes your right. And don't forget, better technology all around (360 degree surround vision, autonomous stop/start cruise control, pedestrian stop,...), and that beautiful panoramic sunroof!



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[O2bwln]

I personally believe you have a lot more room to negotiate on a 2017, given we're in September. 2017's are dropping faster in value every day and the dealer knows this. Also there are plenty of 2017's still available on lots so you're in a good position to negotiate.


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I offered 80k out the door on a model listed for 85k and you'd think I asked for their first born. These models are sitting on the lot and 18s are coming in, the dealers aren't budging. Fortunately, I'm in no hurry to purchase so I'll keep playing the waiting game.

 

[GTNator]

I offered 80k out the door on a model listed for 85k and you'd think I asked for their first born. These models are sitting on the lot and 18s are coming in, the dealers aren't budging. Fortunately, I'm in no hurry to purchase so I'll keep playing the waiting game.

I would definitely wait for them to call you back, which they will. I don't know if you live close to a major city but if you do just swing by a higher volume dealer that loves to move cars.



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[O2bwln]

Im in Boston and have reached out to Goldcoast in NJ, Sewell in Dallas, and a couple of local dealers. All have the same attitude of not budging much off the msrp...very strange.

 

[cardude2000]

Im in Boston and have reached out to Goldcoast in NJ, Sewell in Dallas, and a couple of local dealers. All have the same attitude of not budging much off the msrp...very strange.

In a month when gas prices are spiking and 18's are flooding the lots, I bet they'll be more interested in moving them.

 

[jesse53]

In the late 1970s my folks bought their first home for $33k is memory serves. I bought my first in the early 1990s for just under a $100k. Suburbans back then were $30k.

I bought my fannie mae Florida home in 2014 for $44,500.

 

[15YUKON]

You can find homes for 80k... maybe not a nice place but will still have plumbing,electricity,and oh this is a big one shelter, HVAC, living space, and you'll have equity. These have a 12 volt battery and an engine with a tin can body thrown on top that will rust away in a decade and they want 80k... not complaining just kinda putting it into perspective how dumb we all are to pay it. We love our vehicles but we overpay these days big time. As much as we tell ourselves the options make it worth it it's just more cheap plastic parts thrown on top that will wear out... wow that's kind of a negative outlook on the subject. Just thinking out loud on screen here.

 

[Rdr854]

In the late 1970s my folks bought their first home for $33k is memory serves. I bought my first in the early 1990s for just under a $100k. Suburbans back then were $30k.

I paid $21k for a 1991 Chev Suburban Silverado 2500 4x4 fully loaded (brand new) from what was then Klawans Chevrolet.

 

[O2bwln]

You can find homes for 80k... maybe not a nice place but will still have plumbing,electricity,and oh this is a big one shelter, HVAC, living space, and you'll have equity. These have a 12 volt battery and an engine with a tin can body thrown on top that will rust away in a decade and they want 80k... not complaining just kinda putting it into perspective how dumb we all are to pay it. We love our vehicles but we overpay these days big time. As much as we tell ourselves the options make it worth it it's just more cheap plastic parts thrown on top that will wear out... wow that's kind of a negative outlook on the subject. Just thinking out loud on screen here.

Not sure about any of us being dumb to pay these prices, it's what's on the market that we desire. Short of designing and building your own vehicle this is what's out there for the money we're willing to spend. The key is how much you can afford to spend, in our case we were saving for years so as to make an outright purchase without any financing. The cost of living has increased and a house that costs $40k in one region of the country can easily cost 2x somewhere else...location, location, location...as the saying goes.

 

[cardude2000]

Not sure about any of us being dumb to pay these prices, it's what's on the market that we desire. Short of designing and building your own vehicle this is what's out there for the money we're willing to spend. The key is how much you can afford to spend, in our case we were saving for years so as to make an outright purchase without any financing. The cost of living has increased and a house that costs $40k in one region of the country can easily cost 2x somewhere else...location, location, location...as the saying goes.

And anyone that has a mortgage on a $300K home and is buying a $100K vehicle is doing it wrong.