ggrace

I'm thinking of getting a C300 as my daily driver.

Car Cost Canada has dealer profit at $5k for how I built it. I've been offered $2700 off MSRP. I'm going to ask for $4k off.

What about Freight & PDI at $2500 and Admin Fee at $400? Can you successfully negotiate those off or are they non-negotiable?

I've mostly bought used cars and was able to get $1000 dealer cost on my Jeep SRT - only new car I've bought.

LastMezger

My approach has always been to simply negotiate and all-in price and let them decide how to write up the bill. Basically there's only about 8%-10% margin on a new car under $50K.

So if the car is $50K and you want to offer $45K + HST then do that. The worse they can say is no.

With cars like the MB C300 though timing is everything...if you're financing. It's not like you can miss out on the one you want but you can miss a great interest rate or aggressive lease deal (with low interest and inflated residual) which can significantly affect ownership costs.

bcrdukes

+1 to all in pricing and letting them figure out the details.

Has worked successfully for me numerous times. Do your homework in advance and be prepared with a reasonable counter offer. Worst they do is say no and you shop elsewhere.

ggrace

Thanks guys. Lease rate is down 1%, to 1.9%, if I take delivery by end of month.

docdrs

I always try to keep the attitude, " I can always come back in an hour and pay their price" I always usually walk out the door on my first go around. I always pull out a piece of paper and study it for about 10 seconds silently before I make the offer which makes them curious as to whats on it and where I got my price from .....my way of making it a fun cat n mouse game.....

Mumbles

You'd be surprised what profit margin is in a new car.

Cowboys5

Surprised how? Higher or lower than the 8-10% mentioned above?

Pags993

^ it can vary dramatically by brand and model

Mumbles

I'm no gentleman when buying new vehicles. But you have to have the cash to back your mouth.

You always know when your at the bottom when they refuse your offer even after you've given them your visa card and say put 10k on it, and they still refuse. Walk away, give it a few days go back in towards the end of the month.
Know what car you want, colour, options etc.

Honda I found out to have more room than Toyota. Hyundai, Ford, Dodge, Chev has a lot of wiggle room. Subaru pretty tight for sure. Depends on what you want to buy.

I ended up buying my new Aucra from Oakville as my local Acura dealer could not match. They were 3k higher...

Its like golf, more of a feel game

Cowboys5

Interesting. I suppose it also depends on the competitive landscape. I'm currently considering a new Alfa Romeo Giulia. New model, very positively reviewed and few dealers = minimal movement, I'm guessing. Waiting until some of the new model sheen dullens a little bit will also help big time.

petee1997

All seven MB stores in the GTA are factory owned. They won't sell a car for 1K profit. What 's the difference if you are keeping the car three or four years to pay an extra 1K. It boils down to 250 to 300 per year of ownership.

Good luck shopping.

Mumbles

Great time to buy a new car is when the markets have just crashed.

Turbodan

markets are at an all time high now....

CamsPorsche

You need to speak to my nephew Angus at MB. He'll hook you up and has done for a few Rennlist members. Fire me a PM...

CamsPorsche

Incorrect. My nephew works for a private store unless my thinking of the GTA is different from yours...