How Much Should I Pay: 2009 Toyota Venza & How Much Should I Sell: 2008 Nissan Altima
Question: How much over invoice should I pay for a new 2009 Toyota Venza vin 4t3be11a19u005711 and then how much should I agree to take on a trade in of my 2008 Nissan Altima SL(Leather-bose-sunroof-anti-theft etc) with 24,000 miles
Queen of the Road: Hi there. Welcome to AutoBragBlog!
Keep in mind that the price you pay all depends on the MSRP of the car you’re looking at. There’s different types of deals to choose from: Lowest Priced, Biggest Discounted Price, etc. It depends on what you’re looking for.
If you see a one online or at a dealership, send me the MSRP and I’ll calculate a Selling Price. In the meantime, below is an example of a deal being offered. To see the complete list of deals, average and maximum discount off MSRP and Cash & Finance Specials, go to www.AutoBrag.com. We have 3 trims to choos from: 4dr Wagon (2.7L 4cyl 6A), 4dr Wagon AWD (3.5L 6cyl 6A) and 4dr Wagon (3.5L 6cyl 6A).
For a 2008 Nissan Altima Sedan SL with 24,000 miles, wholesale prices range from $19,700 (being in above average condition) to $17,400 (being in average condition) and $15,100 (being in below average condition). A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $16,800 to $21,700. A private seller will usually aim to sell it for 5%-10%.
I always recommend trying to sell yourself. The dealer may offer less because that’s how they make profit – by flipping it. If you’re disappointed with what the dealer will offer you, here’s an article that covers what’s required for a successful do-it-yourself sale: 7 Steps To A Smooth Car Sale.
According to AutoBrag’s statistics for the 2009 Venza ,
The National Average discount off MSRP: 8.76%
The National Maximum discount off MSRP: 12.51%
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.)
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.
