Real Car Prices from
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Ask the Car Price Experts

How Much Should I Pay: 2009 Nissan Altima & 2010 Hyundai Genesis

Question From Steve: I am considering purchasing an Altima Couple with the 2.5L engine. What would consider a good price.

I am also looking at the Hyundai Genesis Coupe, the 3.8 L Grand Touring, what woudl be a could price on that vehicle.
Thanks

Queen of the Road: Hi Steve. It’s tough to determine the Selling Price because the price you should pay all depends on the MSRP of the Fit you’re looking at. Did you find a particular deal that you’d like to buy? If you see a one online or at a dealership, send me the MSRP and I’ll send you a price range to help you bargain.

For a 2009 Nissan Altima 2.5 S 2dr Coupe (2.5L 4cyl CVT),

The Largest Percentage Off MSRP Price: $17,996.00
(Please bare with us. The dealership’s website changed their prices.)
MSRP: $24,420
ePrice: $17,996
Savings: $6,424
% OFF MSRP: 26.30%

According to AutoBrag’s statistics for the 2009 Altima,
The National Average discount off MSRP:
15.03%
The National Maximum discount off MSRP: 24.19%

Consumer Cash Incentives: A Cash Back Rebate of $500 is being offered to the new car Consumer upon purchase. Sedan College Graduate Bonus Cash is available to graduates from an accredited U.S. two-year or four-year college or nursing school or currently enrolled with provided University confirmation of graduation within 6 months of contract date. Must finance through NMAC. See dealer for details. Offer Expires: 6/30/2009

We didn’t have any Grand Touring for the 2010s, but here’s an example of some of our deals for the Coupe. For a 2010 Hyundai Genesis Coupe 3.8 2dr Coupe (3.8L 6cyl 6A) ,

The Largest Percentage Off MSRP Price: $24,745
MSRP: $32,365
ePrice: $24,745
Savings: $7,620
% OFF MSRP: 23.54%

According to AutoBrag’s statistics for the 2010 Genesis Coupe,
The National Average discount off MSRP: 11.13%
The National Maximum discount off MSRP: 26.02%

If you see a particular car you want, you can easily calculate the percentage off MSRP to see if you’re getting a good deal by comparing it to AutoBrag’s discount statistics.

How To Calculate The % Off MSRP:

MSRP – Selling Price = X / MSRP = Y

Selling Price = The price the dealership is willing to sell the new car for. Excluding tax, registration and dealer fees
X = the dollar amount saved off MSRP
Y = the % off MSRP (Move the decimal point over two digits to the right and that’s the percentage you’re saving.)

There are 3 methods to obtain this deal:
1. Before you begin calling or visiting every dealership, I highly recommend you start a virtual negotiation with your surrounding dealers through Braggle on www.AutoBrag.com. You basically place anonymous offers to all dealerships within a 25 to 200 mile radius within your zip code. Dealerships get to compete for your business without gaining your contact information. This method is the easiest procedure and it’s free of charge. There is no obligation to buy if a dealer accepts your bid.

2. Another option is to either buy the car directly from the dealership hosting the deal. You’d have to contact their Internet Sales/Fleet Manager to close the deal. Then, travel to that dealership or have them deliver it to you, which can be costly.

3. The third option is to compare this deal with the inventory at your local dealerships and hope they’ll honor the deal. I recommend printing out all the blue links above and taking them to your local dealerships. But before you go, we suggest you call and make an appointment to see the Internet Fleet Manager because he/she work with internet deals. Avoid the floor salesmen, head straight to the Internet Sales Manager.

Below is an explanation of the data above and how they apply to all the methods.
What are all these blue links? The first blue link breaks down the numbers so that you don’t have to do any math or researching. You’ll see exactly how much money you’re saving if you pay the “Internet Price”. It also lists the National Average Discount, the National Maximum Discount and the National Average Price for each vehicle. We also provide our personal opinion to whether we think the deal is good or not.

If we approve the deal, we’ll show a thumbs up and “Bring Your Checkbook“.
If we think the deal is ok, we’ll show a thumb tilted sideways and “Fair Market“.
If we disapprove the deal, we’ll show a thumbs down and “Keep Shopping“.

The second blue link is the proof you’ll need when you step foot onto the dealership. Don’t leave home without it! It’s the page that shows the price which you’ll be asking for. It’s basically what you need to pull up on their computers if they don’t believe you found that price online form that dealer’s inventory.
If they don’t believe your prices, ask to use one of their computers so they can see where these figures came from. It’ll be impossible for them to doubt you because you’re pulling up dealership’s website and checking their inventory. It may take a few tries before a dealership agrees to honor the deal.

Here’s a great car buying article written by a former car salesman you should read before buying. There’s always an advantage when preparing yourself for a car buying process.



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