Negotiating tactics

Kinja'd!!! by "Quasi Hatrack" (quasi-hatrack)
Published 01/12/2017 at 12:14

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We’re going to be shopping for a second car soon and I was wondering if anybody knows if dealers prefer to sell or lease cars. Would it help to drive the price down on one by acting like I REALLY want to do the opposite? For various reasons we’d prefer a lease right now but if we can get the purchase price down low enough that would be fine, too.


Replies (4)

Kinja'd!!! "Phatboyphil" (justphil)
01/12/2017 at 12:23, STARS: 0

Don’t quote me on this, but there’s enough oppos who work at dealers to correct me if I’m wrong. But I think they perfer lease so they can sell it as a used vehicle.

Kinja'd!!! "Tripper" (tripe46)
01/12/2017 at 12:24, STARS: 2

Just be ready and willing to walk away if you don’t get to the number you want. Any time I have said “no thanks” and left the situation changed almost immediately. Most recently a dealer offered me a number for my trade in, I left. By the time I got back to my office (5 miles) I had a text offering 6k more than they had said before I left.

Kinja'd!!! "E92M3" (E46M3)
01/12/2017 at 13:12, STARS: 0

Most dealerships want you to lease. It’s almost a sure bet you will comeback when it’s time to turn it in, and they can get you in another car. Some manufacturers though hate to lease cars (I’m looking at you Porsche). So much they use insane money factors, so that it makes no sense financially. They’ll still lease you a car, but you’ll pay a huge premium to do so.

Kinja'd!!! "BobintheMtns" (bobinthemtns)
01/12/2017 at 13:13, STARS: 0

From my experience, they prefer leases. The reason being is that lease transactions are more complicated/confusing. And the less the customer understands what’s happening, the more likely you are to hoodwink them by slipping in extras....... And yes, I’m being serious.