R56 Price Negotiation?
Price Negotiation?
I'm planning to buy a 2009 Cooper S or Clubman S to replace my 07 Just-A-Cooper, so I was wondering, how does pricing and negotiating work at Mini? Is it like a normal car, where you can usually negotiate to get a couple of grand off the MSRP and buy the car for closer to invoice, or is it like a Scion, where the price on the sticker is the price you pay? (I bought my Mini used at a different dealership, so I don't know.)
I'd assume that if you were custom ordering a car, you'd have to pay MSRP, but how does it work with cars on the lot and on their way? Have the recent buyers been getting their cars for less than retail?
Please let me know, thanks!
I'd assume that if you were custom ordering a car, you'd have to pay MSRP, but how does it work with cars on the lot and on their way? Have the recent buyers been getting their cars for less than retail?
Please let me know, thanks!
Its like a normal car. I saw a big variance in discounts (or lack thereof) based on dealership on fairly identical cars. And even at Scion dealerships, there is a bit of wiggle room on trade in / financing. I was able to get $1500 more on my brother's trade.
Here in Honolulu it was MSRP whether you ordered or bought off the lot however, a tiny bit of negotiation was allowed. Of course things in the car business are different now so that might have changed.
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Dealer inventories are getting lower as the '09's run out and the '10's start trickling in, most of the early delivery '10's tho are ordered cars. My thinking is if you can find the car you want on a dealer's lot then you can make a deal on it, the more expensive the car and the more option packages it has the better you'll be able to do - notice that the two people here who got the best deals were buying the most expensive cars - JCW's.....
The bottom line is, find the car you want and buy it. If you're paying cash getting $500 off shouldn't make/break the deal. Everyone likes saving money, but you're buying a car, not a deal. If all you were looking for is the best deal, you'd be buying a Chevy or Chrysler............
Enjoy your new S, you're gonna love the extra performance!
The bottom line is, find the car you want and buy it. If you're paying cash getting $500 off shouldn't make/break the deal. Everyone likes saving money, but you're buying a car, not a deal. If all you were looking for is the best deal, you'd be buying a Chevy or Chrysler............
Enjoy your new S, you're gonna love the extra performance!
On a 09, you'll probably get a good deal now. They need to clear the lots to make space for the soon coming 2010s. Depending where you are located your ability to wheel and deal change. If you have multiple dealers in the area then you will have more pull, where as if there is only 1 dealer in a 300 mile radius, deals will be harder to come by.
why pay cash when you can get 0.9 to 1.9 apr on the loan then put your cash in a cd or money market and get 3 to 4 % apr return .Put 10% down plus tax and tag and take the low apr .
That is the smart money way
That is the smart money way
2.9% on a 48 month ballon and free floor mats. Having been in the business for years, I figure there can't be more than $1100 - $1500 mark up from invoice to msrp. To me that's fair profit on a $25000 car.
That's exactly what we did. Got 0.9% financing.
Ugh, you are kind of in a pickle.
Since you have a trade-in, the stealer is going to either a) discount the MSRP for the '09 Clubman or Cooper S and lowball you on your trade-in (vs. KBB prices) or make you pay MSRP on the car and beat the KBB prices on the trade-in. I have not seen MINI dealers do both.
When I bought my MINI in February, this was the predicament I faced. In the end I sold my car private party, and since they had the car I wanted on the lot, they took 1200 off the MSRP with some hard negotiating and numbers from a competing dealer.
Basically, you might be better off selling your current MINI at Carmax or private party.
Since you have a trade-in, the stealer is going to either a) discount the MSRP for the '09 Clubman or Cooper S and lowball you on your trade-in (vs. KBB prices) or make you pay MSRP on the car and beat the KBB prices on the trade-in. I have not seen MINI dealers do both.
When I bought my MINI in February, this was the predicament I faced. In the end I sold my car private party, and since they had the car I wanted on the lot, they took 1200 off the MSRP with some hard negotiating and numbers from a competing dealer.
Basically, you might be better off selling your current MINI at Carmax or private party.
Most other 'finance deals' (from other makes) have an option "1% APR finance OR $500 Cash Back" or similar.
I bought my 09 MCS in the last week of this August. MRSP was $25850. I asked for $25,000 and they said I can have it for $25,350.
Front Mini mats and wheel locks were free. Also had bonnet stripes for free because I got mad waiting to talk to the finance guy.
I would have haggle if there were many mellow yellow left. I wanted it bad since 2010 won't have the color anymore.
Front Mini mats and wheel locks were free. Also had bonnet stripes for free because I got mad waiting to talk to the finance guy.
I would have haggle if there were many mellow yellow left. I wanted it bad since 2010 won't have the color anymore.
Looking at a fully loaded 2009 Clubman S, MSRP close to $32,000. We were debating the merits of a 2009 discount, versus an ordered 2010 exactly as we wanted it. The salesman, obviously wanting to move an 09 off the lot now, immediately said he could knock $800 off the 2009. I suspect we could get that to $1000 if we played hard to get.
However I am going to order a 2010 in November to get the Harman Kardon system. I suspect in this economy they will always have another financing deal.
However I am going to order a 2010 in November to get the Harman Kardon system. I suspect in this economy they will always have another financing deal.
I bought my 09 MCS in the last week of this August. MRSP was $25850. I asked for $25,000 and they said I can have it for $25,350.
Front Mini mats and wheel locks were free. Also had bonnet stripes for free because I got mad waiting to talk to the finance guy.
I would have haggle if there were many mellow yellow left. I wanted it bad since 2010 won't have the color anymore.
Front Mini mats and wheel locks were free. Also had bonnet stripes for free because I got mad waiting to talk to the finance guy.
I would have haggle if there were many mellow yellow left. I wanted it bad since 2010 won't have the color anymore.
http://www.motoringfile.com/2009/09/...cing-for-2010/
http://www.motoringfile.com/2009/08/...es-trickle-in/
To name a few good articles about 2010.
http://www.motoringfile.com/2009/08/...es-trickle-in/
To name a few good articles about 2010.
I've purchased 12 new cars in the past 15 years and each time I went into the dealership I went to a website like www.Edmunds.com or www.kbb.com where I "built" the car I wanted with all the options I wanted. They give you the MSRP, the dealer invoice and an average selling price that I print-out and take as ammo when I go in. I also enter all the info for the car I'm hoping to trade and bring that print out also.
After test driving the car I let them go through the first round of negotiations where they usually try to rip you off by either not discounting the new car or offering nothing for your trade. Then I whip out the printouts. Often they will argue and claim that NO ONE offers the Blue Book or Edmunds's value in trade. That's when I shrug my shoulders and get ready to leave 11 times out of 12 they asked me to wait while they checked with their manager. Suddenly the internet trade value becomes acceptable. I do have to admit that when I bought my first MINI back when sales were really hot the dealerships didn't want to discount the MINI but with a threat of making no sale I was able to get them to offer more on the trade. It's always a big game buying a new car, but I find it's a lot more fun when you have walk into the dealership "armed" with facts.
After test driving the car I let them go through the first round of negotiations where they usually try to rip you off by either not discounting the new car or offering nothing for your trade. Then I whip out the printouts. Often they will argue and claim that NO ONE offers the Blue Book or Edmunds's value in trade. That's when I shrug my shoulders and get ready to leave 11 times out of 12 they asked me to wait while they checked with their manager. Suddenly the internet trade value becomes acceptable. I do have to admit that when I bought my first MINI back when sales were really hot the dealerships didn't want to discount the MINI but with a threat of making no sale I was able to get them to offer more on the trade. It's always a big game buying a new car, but I find it's a lot more fun when you have walk into the dealership "armed" with facts.
I would (and did) gladly pay $2500.00 not to have to bother with all that. I spent about 20 minutes from the time I said "that one" to the time I drove away. That will sound stupid to most, but I hate buying cars.



