Originally Posted by hollywoood
Thank you for the help! I felt that 11,000 was a fair price for the car. They did not seem to agree. My offer was not accepted. Then the dealer listed the car on ebay and got up to 11100 and did not hit the reserve. For that amount of money there are many other cars to look at. Am i crazy to think that I should get a 50-80k mile z28 or formula for around 7-9k. The prices in my area seem to be so inflated. Today a guy has a stock z28 101k miles for 11 grand! That is ridiculous in my opnion! Will prices fall in the colder months? Are these just summer premiums?
The best car deals are made in the holiday months of November and December. It doesn't mean you can't get deals in July though. Dealerships are tough. I'm a bit surprised the dealer didn't come back with another price, especially when the auction hit the same $11,000. If the car was really sweet
, then I would not let $500 - $1,000 stop me from buying a 24,000 miles car, but you said it has cosmetic issues and the dealer seems to be in denial. The dealer is just playing hardball and ignoring factual information, like the BJ car I mentioned. He will come down in price eventually or else he will be wholesaling it at some auction in the future. That would be just dumb. Don't give up. Call again and ask what his bottom price is, now that the auction ended at the same price.
As far as finding a decent mileage car, I believe your $9,000 mark will get you that car from a 'private party' sale, not a dealership. Remember that sellers will ask
a few grand higher in some instances but will take much less. That is just the way it works. Look for ads right up to $11,000 and see if you find cars you like. I asked
$14,600 for a car this past winter in Autotrader and ended up with a sale for $13,000. I didn't expect the $14,600 so it was perfect for the both of us.
Yes, the guy asking $11,000 for his 6 figure mileage Z28 is