That's what I always tell people - buying new rather than used at a dealership is often a better decision financially. A dealer makes a few hundred dollars on a new car at best, but probably $2,000 and up on a used car. The interest rate on a new car is lower than on a used car. Three years of warranty that you get on a used car would probably cost $2,000 on even a late model used car.used car. And a new car has new tires, new battery, new shocks, new muffler, new brakes, fresh fluids etc. More than one of those is soon apt to be an expense on a used car. Moreover, miles are money. Starting from zero is good.kostby wrote:GM let Mr. GoodWrench go several years ago, and hired Mr. MBA-Wrench in his place.
Mr. MBA-Wrench quickly instituted higher parts pricing and service fees designed to enhance dealership profitability, in part to offset the fact that most dealerships lose money on every new car sold, and (attempt to) gain it back on used car sales, and the service department.
jake75 wrote:Got a mailing from GM dealer - they will install a new ACDELCO Professional Silver Battery having a 30 month replacement guarantee in my Vibe for $129.95 plus $24.95 installation.
That is $154.90. Last November a Duracell 36 month replacement battery at Sam's Club cost me $86.23 with free installation.
^This.Nasmfell wrote:jake75 wrote:Got a mailing from GM dealer - they will install a new ACDELCO Professional Silver Battery having a 30 month replacement guarantee in my Vibe for $129.95 plus $24.95 installation.
That is $154.90. Last November a Duracell 36 month replacement battery at Sam's Club cost me $86.23 with free installation.
This is news, why?
mbz321 wrote:^This.Nasmfell wrote:jake75 wrote:Got a mailing from GM dealer - they will install a new ACDELCO Professional Silver Battery having a 30 month replacement guarantee in my Vibe for $129.95 plus $24.95 installation.
That is $154.90. Last November a Duracell 36 month replacement battery at Sam's Club cost me $86.23 with free installation.
This is news, why?
I now get junk in the mail from a local Buick/GMC dealer because I took my car there to have recall work done ugh.
(I replaced the ACDelco battery in my car with a Costco one. It looks exactly the same as the Delco did and it was only 85 bucks, plus a full 3-year warranty).
That is if you're lucky…You'll continue to receive offers and coupons? from them until you no longer own the car.
You hit that one right on the head! Just this past winter I received an invitation for a deceased member who used to own my house, to sign up for Humana health care and Rx. Hmmmmmmm ... Humana ???? Need I say anymore ??? They are the absolute worst for Rx. Anyways the kicker to this story is that this poor old man (may his soul continue to rest in peace) died over THIRTY years agokostby wrote: More likely that future generations will still continue to get offers and notices from them until the dealership goes out of business -OR- the USPS ceases to deliver mail.
I'm offering the same thing at my garage for $49.99. Free tap water w/service!joatmon wrote:threadsurrection, but the title seemed to apply
Today I had the Vibe into the dealer for the second airbag recall. Last time they replaced the airbag and shielded something in the airbag control wiring, this time they replaced the air bag controller. In addition to that free recall work, they presented me with a list of other recommended service:
Rear wiper - $25
Valve cover gasket - $155
Spark plugs - $165
Timing chain tensioner gasket - $169
Front brake pads - $100
Front rotors - $275
Clean throttle body - $175
Left Front low beam - $74
I'll give them that the car probably needs all that done to it (and more) , but I wasn't about to give them $1138 to do that work. I haven't priced the parts to do the work yet, but it won't be close to the dealership cost. I am grateful that I can do all that work list myself, and I feel sorry for those that will get a service estimate like that and will just go ahead and pay. I mean, really, $74 to replace a headlight bulb? Anybody here need a conventional headlight bulb replaced, just stop by my house, I'll give you a huge discount and do it for only $50 Offer restricted to genvibers only. Limited time offer. call within the next ten minutes, operators are standing by. Act now, avoid disappointment and future regret
I get the idea, but it still doesn't mean it is a good value for the customer. Yes the dealer is taking a hit on the new vehicle, but the customer takes a nice haircut the second they drive it off the lot. At times the auto loan numbers hold, but nowadays the range includes a couple years.jake75 wrote:That's what I always tell people - buying new rather than used at a dealership is often a better decision financially. A dealer makes a few hundred dollars on a new car at best, but probably $2,000 and up on a used car. The interest rate on a new car is lower than on a used car. Three years of warranty that you get on a used car would probably cost $2,000 on even a late model used car.used car. And a new car has new tires, new battery, new shocks, new muffler, new brakes, fresh fluids etc. More than one of those is soon apt to be an expense on a used car. Moreover, miles are money. Starting from zero is good.kostby wrote:GM let Mr. GoodWrench go several years ago, and hired Mr. MBA-Wrench in his place.
Mr. MBA-Wrench quickly instituted higher parts pricing and service fees designed to enhance dealership profitability, in part to offset the fact that most dealerships lose money on every new car sold, and (attempt to) gain it back on used car sales, and the service department.
Part of my point is that you take a value haircut when you drive a used car off the lot as well.ctgottapee wrote:I get the idea, but it still doesn't mean it is a good value for the customer. Yes the dealer is taking a hit on the new vehicle, but the customer takes a nice haircut the second they drive it off the lot. At times the auto loan numbers hold, but nowadays the range includes a couple years.jake75 wrote:That's what I always tell people - buying new rather than used at a dealership is often a better decision financially. A dealer makes a few hundred dollars on a new car at best, but probably $2,000 and up on a used car. The interest rate on a new car is lower than on a used car. Three years of warranty that you get on a used car would probably cost $2,000 on even a late model used car.used car. And a new car has new tires, new battery, new shocks, new muffler, new brakes, fresh fluids etc. More than one of those is soon apt to be an expense on a used car. Moreover, miles are money. Starting from zero is good.kostby wrote:GM let Mr. GoodWrench go several years ago, and hired Mr. MBA-Wrench in his place.
Mr. MBA-Wrench quickly instituted higher parts pricing and service fees designed to enhance dealership profitability, in part to offset the fact that most dealerships lose money on every new car sold, and (attempt to) gain it back on used car sales, and the service department.
Ideally something a year or two old with dealer warranty (in case someone is returning a lemon)
New car leasing can be a great deal if you can live with the parameters as you don't take the value haircut when you drive off the lot.