Is invoice minus $500 generally accepted as a good deal?
I got this on a vehicle and can’t help but feel I still left something on the table.
It means nothing.
That’s what I thought. After the fact unfortunately. It did include 0% financing fwiw.
Just enjoy it now!
I haven’t signed yet so I was thinking about negotiating more.
What’s the car and the proposed deal?
Judging the deal based on how far apart you are from “Invoice” is not a good metric. For one, there are so many moving parts to a lease that the sales price of the vehicle is only one part of the equation. Two, $500 back of invoice on some cars is a fantastic deal, on others…not so much. It’s so dependent on market conditions as well as how much markup there is on the vehicle.
What is this mystery car? Without knowing what kind of vehicle is in play here we’re kind of flying blind.
VW Tiguan SE 4Motion
Currently at 6.5% off msrp and 0% for 60 months.
So you are financing, not leasing?
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Invoice is a meaningless number these days.
What’s the MSRP and what’s the selling price?
$36,166 and 33,555
I’m going to make an assumption here, but I’d be willing to bet that there is not much mark up in a VW. So, if you’re getting 6.5% off MSRP, BEFORE any rebates that may be applicable, that’s probably not too bad.
How deep do you think you can go on that vehicle?
Marketplace in the south is at 10%, east coast 9 from a quick glance.
I haven’t deconstructed any California listings that only advertise payment and DAS.
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Thank you sir!