Well I went to the Dodge dealership today and they had a 2007 Inferno Red Nitro R/T fully loaded for $29995. It was a demo vehicle so it had 5000 miles on it already a scratch on the drivers side mirror and a bunch a scratches on the load and go shelf. The dealer lowered the price to 27995 and after title and taxes it came to 30000. I had to walk out of there because the salesman I was working with did'nt have a clue. He calculated a payment of 607 for 60months. I asked him what the interest rate was and he had no idea. He said it was the standard interest rate? With that said I just had to leave. Did he really think that I was that stupid? Anyway, what do guys think? Is it worth?
Good deal or rip-off?
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If this helps your decision . I paid $29,625.00 for my 2008 R/t, 4 wheel drive auto tranny ,Sunburst Orange, with everything but leather seats. This was 10 weeks ago in Tampa Florida ..We have a premium charge for 4 wheel drive .I think it's $450 bucks.
Florida Roadie .
:Racing:
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I don't know what to say to that - I am the WORST car shopper on the planet.
"How much? ok"
I never even demanded a free inspection! I suppose I was just seeing Orange!
So, my opinion - if you get a competitive interest rate, do it if the price feels right. Have em throw in some side rails or something so you feel like you took em for SOMETHING! Keep in mind the Fed looks likely to drop prime over the next several months, so interest rates will drop, and then you can refinance (maybe use home equity?) and improve your situation later on.
It depends how much you want the Nitro!
Good luck on your decision!
"How much? ok"
I never even demanded a free inspection! I suppose I was just seeing Orange!
So, my opinion - if you get a competitive interest rate, do it if the price feels right. Have em throw in some side rails or something so you feel like you took em for SOMETHING! Keep in mind the Fed looks likely to drop prime over the next several months, so interest rates will drop, and then you can refinance (maybe use home equity?) and improve your situation later on.
It depends how much you want the Nitro!
Good luck on your decision!
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I agree, for a 2007 demo with 5k miles on it and damage (scratches) inside, that's way too much. Keep shopping, you will find a better deal!
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Yep, there's one here locally that sounds like it's optioned about the same. This one had everything except the MyGig. It stickered around $34500 and now it's down to $26800. It's got about 4k miles on it.
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All I can add to this is my personal experience. I bought an 07 RT (msrp of 30,595.00) with only 100 miles on the odo for 25,130.00. Felt that was a darn good deal and no I dont think yours is. Would continue to look around...you can pick up a low mileage (new) 07 for a lot less then that.
Good Deal!
My 2007 Nitro SLT listed at 28,620 paid 24,000 in OCT 07.They had 8 07 Nitro's and 1 08 at the time.All 07 were sold in a week's time because they were taking anywhere from 4,000 to 5,000 off Total Price.But they had no RT's on lot.I think that you could get a better deal but I still feel that every time I buy a car I got taken for a ride! HA! HA! :shy:
Joe Bukal
Happy Dodge Owner
My 2007 Nitro SLT listed at 28,620 paid 24,000 in OCT 07.They had 8 07 Nitro's and 1 08 at the time.All 07 were sold in a week's time because they were taking anywhere from 4,000 to 5,000 off Total Price.But they had no RT's on lot.I think that you could get a better deal but I still feel that every time I buy a car I got taken for a ride! HA! HA! :shy:
Joe Bukal
Happy Dodge Owner
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66 Posts
Ok if you really want the answer to your questions, you have to do the following:
1. Contact the fleet manager of EVERY Dodge dealership you are willing to drive to. Do NOT call and ask to speak to the fleet manager. Call the dealership and ask for the FLEET MANAGER'S E-MAIL ADDRESS. Sometimes the floor sales reps will imitate the fleet manager. The reason for this is, fleet managers are not paid a commission. They are paid on vehicle turnovers.
2. After collecting all of the fleet manager's e-mail addresses, write an e-mail to all of them stating the current deal you were offered. Ask them if they can give you a better deal than that. DO NOT TELL THEM WHICH OTHER DEALERSHIPS YOU ARE DEALING WITH, just talk numbers. If they want proof, fax them the quote, but remove the other dealer`s information. If they don`t believe you, don`t do business with them.
3. Start your search in the first week of the month. Do not purchase until THE LAST DAY OF THE MONTH. The reason for this is dealerships are more ready to deal in order to meet their quotas, and to get the vehicles off of their lots. (They are paying interest on a "loan" for those vehicles on their lot.)
Few more things:
1. Do NOT go into the dealership to meet with the fleet manager until they have faxed you a quote detailing ALL OF THE OPTIONS with their QUOTED PRICE.
2. When you do decide to go to the dealership, if ANYTHING changes from what you initially thought you were going to get: WALK AWAY. I know after doing all your research, then when you're ready to make the deal, it's hard to walk away. Walking away saved me over $3000 on my purchase in dealerships not wanting to lose my business. Also, walk away if you feel like you have lost any element of control on your purchase. If anything doesn't make sense, or it just doesn't feel like you're being treated the way you should be, WALK AWAY. How they treat you at the time of sale speaks VOLUMES about how they will treat you at the time of service.
3. Sleep on it. Even if a deal meets all of your parameters, give yourself at least a day to sleep on it. The reason for this is, in that time period, another dealer may beat that deal, and secondly, it keeps the control in your hands, that you own this deal, not the dealership.
4. DO NOT TELL THEM HOW YOU ARE GOING TO PAY ahead of time. Financing, cash whatever. Do not answer that question, until you are ready to purchase.
5. DO NOT TELL THEM ABOUT A TRADE-IN. If you are planning on trading in, don't tell them until you've worked out the deal for your purchase. Do them as two separate things. If they won't give you enough for your trade-in, walk away from the deal, or sell it yourself.
The hardest part I found was to not commit to anything until I got the best deal. Even after I got some awesome deals, I just kept e-mailing back the dealerships, and effectively made them "bid" on my business.
In the end I saved myself $5000 on my wife's Nitro with patience and not being afraid to seem like a jerk. Considering we purchased right before Christmas, it was well worth the work!
Good luck! :smileup:
Jason
PS: Regarding the financing, what I would recommend, is using the same approach except with banks to get a car loan or reworking your mortgage. If you can go into the purchase, loan in hand, you are effectively making a cash purchase, and it takes the financing mind game that they play out of the deal. There are tons of financing and refinancing options out there available to people that work better for you than dealer financing. It`s just a lot of work to find it.
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Awesome! If you need any help along the way, feel free to ask, and good luck again!
Jason
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Buying 07' this late in the year you should have no problem paying factory base price. Stick to your guns and you should be able to make a deal. Make them throw all the options in for free,this is normal procedure this late in the year. Good Luck!
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