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Since my 89 Honda is on it's last legs, along with the fact that we just made the payment on the wife's Mazda... I've been thinking about replacing the beater with something more dependable. I'll spare you all the gory details of how I narrowed the search down to a used Chevy Impala, but suffice it to say it seems like a decent ride and there's a zillion of them around SE Michigan for 15K or less. Almost all of these Impalas are ex-fleet cars with 25K-35K miles. Since they are GM Certified, they come with the balance of the 5yr/100K as well as a 1yr/10K b-to-b warranty. Nothing else I've looked at seems to be as good of a value. I plan on driving it til it dies.
It's been a long time since I've bought a car from a dealer, and I need some advice on negotiating the best price. One car that caught my eye is an '06 Chevy Impala LTZ, 34K, 3.9L V6, leather interior, loaded. Asking price is $14,530. KBB suggested retail is $16,850; private party value $13-14K; trade-in value $11-12K. My gut is telling me $13,500 would be OK (hell, $14.5K seems fair), but then again, it's the worst time in history for auto dealers so why not try and push it even lower?
Does anyone have a suggestion about where I should start with an offer? If they are not willing to move much on the price, what might I ask them to throw in? Any pitfalls I need to look out for?
It's been a long time since I've bought a car from a dealer, and I need some advice on negotiating the best price. One car that caught my eye is an '06 Chevy Impala LTZ, 34K, 3.9L V6, leather interior, loaded. Asking price is $14,530. KBB suggested retail is $16,850; private party value $13-14K; trade-in value $11-12K. My gut is telling me $13,500 would be OK (hell, $14.5K seems fair), but then again, it's the worst time in history for auto dealers so why not try and push it even lower?
Does anyone have a suggestion about where I should start with an offer? If they are not willing to move much on the price, what might I ask them to throw in? Any pitfalls I need to look out for?