r/LifeProTips • u/Mrkayne • 22m ago
Finance LPT: When purchasing a brand new car, send a group email to all the dealers in your area asking what’s the best price they can do.
This works best when you already know exactly what car you want and it’s brand new.
When I was looking to buy my car, instead of trying to haggle in person, I just wrote up a professional email describing the exact car I was looking to buy and asking what’s the best price/deal they could do for me.
I then cc’d about 30 dealerships in my state, so that it was clear that they had competition.
The vast majority of them didn’t even reply to the email, I got several variations of “that’s not how we do business, please come in person to our dealership to discuss further” and only got about 4 replies of dealers interested in negotiating.
After a couple of rounds of back and forth it came down to just two competing for my money.
When one sent me an offer both price wise and accessories i would pass that on to the other and do the same back.
I ended up getting $17000 off the RRP, 12 months registration, no charge for upgrading to a coloured car rather than white, and some free after market accessories worth approx $5000.
So while it’s not a guarantee that this will work, it worked for me and so wanted to share it.