Question For AutoBrag: Good Deal or Bad Deal

This Is An Update To A Previous Question
Question: so there was an ad in the newspaper for a corolla for 15588, i told all my contacts from various dealers of this. realistically it’d be hard to get it at that price as these are “limited” in quantity deals.
so one dealer came back and said let’s meet in the middle. I misquoted the price as i was going off by memory, i told her the ad’s price was 15.7 instead of the actual price of 15,588.
the options for the car for 15588 probably does not include alloy wheels which are worth another ~500
according to edmunds, TMV is worth 18K including destination of 720. The invoice price of the car is 15067 (from car and driver, edmunds doesn’t have invoice price of car) and the invoice price of options from edmunds totals to 986 or total invoice price of 16773 including destination. She offered me 16327.
The colors of the cars she has in stock are not my favs, white (not metallic) and black (i got a black one right now, gets dirty real easily)
what do you think?
Queen of the Road: Hello again. The answer is simply: No Deal. Wait it out.
Never settle for a car. Buying a car is the second largest purchase. The first being a home. When my parents were car shopping, they had a specific color they requested. The salesman called them and said they had that color and it was ready for them. They drove 2 hours to pick it up and it was clearly not the color they asked for, but since they were already there made that long drive, they settled for it. Till this day, they regret it. So that’s why I recommend you never settle.
If you’re going to commit your precious time and a huge sum of your hard-earned dough, then make sure you get exactly what you want. There will be a surplus of Corollas in every color of the rainbow as long as you be patient and wait till the demand is over.




August 18th, 2008 at 11:26 am
if she offered me the right color, would you say to take it then? I”m ok w/ the price, my gut is telling me she will settle at 16k.