Hey so i’ve been reading up a lot on the deals people are getting off on various RAM Models and it’s pretty common knowledge that they are getting anywhere from 25-30% off MSRP.
My question is this, are you including tax title and license when you negotiate? Or are you negotiating off the “sales” price of the car excluding tax title license?
Most dealers will not negotiate off of TTL. We can’t control what local governments choose to charge in their respective community. Work your deals off of MSRP.
In June there was a 15% manufacture incentive/rebate across the board on all Ram models, when combined with 15% dealer discount, people were getting 30% off on purchases… on a lease you can probably get 30% off when you combine incentives/rebates on Big horn trim. There is also big IDL bonus cash if your using a third party finance company. Only negative on all of this is RV sucks on most models… but no no way will you get 30% off just in dealer discount…
I don’t know how accurate TrueCar is these days, but they show ~5% off MSRP as the market average.
Anyway, you negotiate the selling price of the car (pre-incentive), and the MF (need to know the base MF from Edmunds). Use Edmunds and others as a way to gauge the available discount.
Where did you find 30% off MSRP on a new RAM? If you want to link us to it, that’d be nice.
Hey @jeisensc Jeisen. Can you explain what you mean by negotiate price before incentives? I’m looking at a 48k MSRP Ram 1500. I went to edmunds and got the residual value on this trim at 36/15 at 46% with a MF of .00017.
The rep at edmunds also mentioned that the “total cash includes 8,750”. So are you saying these are the incentives? Theoretically I could negotiate the sales price down to 35k then get another 8,750 in bonus cash?
I went to the dealer yesterday and got the sales price down to 31k but they were manipulating the payment on me and trying to play games with a lease. At first the gentleman told me that they don’t discount off msrp on a lease, to which I told him that’s just not right. They then get the truck down to 31k but are still fudging the representation of the monthly payment. Thanks sir!
So here on Earth you negotiate 45,235 down to/below 42,403 (not 30% off) THEN you deduct the incentives.
You don’t just ask for the number without knowing the incentives or the dealer will start at msrp minus incentives. Plenty of “deals” posted here have been: MSRP - incentives with 0 discount.
Once you are negotiating discount with incentives together it just gets conflated.