most you've gotten screwed on a car deal? - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

SolomonAKOO · 09-16-2012, 03:06 PM

Well I bought my 2011 2SS/RS for sticker price of 38k and ended up paying around 41k after taxes and all in April of this year. I just recently looked on KBB and NADA and my Camaro now books for just over 31k!!? I just don't get it. But needless to say I got screwed pretty bad. Lesson learned never buy new unless you got a good chunk of money to put down. But I guess it's ok since I love my car and won't get rid of it.

jimmy5 · 09-16-2012, 03:30 PM

I guess I am just lucky. I've never really been hosed on a car deal. I've always negotiated total purchase price, not how much I could make in payments, never gotten a bad interest rate, and always got some sort of break on the price.
Never pick a car you can't walk away from. You lose your leverage.

Angrybird 12 · 09-16-2012, 03:39 PM

Quote:

Originally Posted by SolomonAKOO

Well I bought my 2011 2SS/RS for sticker price of 38k and ended up paying around 41k after taxes and all in April of this year. I just recently looked on KBB and NADA and my Camaro now books for just over 31k!!? I just don't get it. But needless to say I got screwed pretty bad. Lesson learned never buy new unless you got a good chunk of money to put down. But I guess it's ok since I love my car and won't get rid of it.

Something is screwy about KBB. I checked mine the other day and their retail value for mine was just $500 less than what the MSRP on the sticker showed.

northshore2ss · 09-16-2012, 04:26 PM

KBB retail values are a joke!When I was looking for a daily driver 2 months ago,KBB "retail's" on most of the listings were as high as the original msrp.On 1 or 2 year old cars??That's why I usually use kbb trade in value as a starting point

robsls3 · 09-17-2012, 08:29 AM

I got hosed plenty of times by the car dealers but you learn from it. Last 3 cars I bought I held my guns. I left 3 times when buying my camaro till I got the right price and amount for my trade. When i bought my wifes trailblazer I did the same thing. Ended up at the dealer on christmas eve signing the paperwork.

Worst was when I bought my GTO I was the biggest dumbf#$k and still to this day I have no clue what I was doing or thinking. Walked in walked out with it no negotiations. My wife still haunts me to this day for doing that.

You just have to have the power to make your self say screw it im leaving telling them call me when you have a better price.

Just did it last weekend with my mom. Took her to buy a car and they tried selling her some craptatic 04 buick lesabre and tried pawning it off as a some cadillac in price. I told my mom lets go and told them call us when you got something better. She ended up leaving with a 06 Impala SS for $9500 clean car fax on 60k miles. Again that took threats of walking out.

jd10013 · 09-17-2012, 08:42 AM

Quote:

Originally Posted by northshore2ss

KBB retail values are a joke!When I was looking for a daily driver 2 months ago,KBB "retail's" on most of the listings were as high as the original msrp.On 1 or 2 year old cars??That's why I usually use kbb trade in value as a starting point

may not be too far off. used cars are very valuable now, and the market is very strong. first you had the recession which pushed a lot of buyers out of the new car market. and then you had cash for clunkers. all the "clunkers" had to be destroyed and millions of cars were taken off the used car market. that created an artificial shortage of used cars which made them even more valuable.

Angrybird 12 · 09-17-2012, 08:46 AM

Quote:

Originally Posted by northshore2ss

KBB retail values are a joke!When I was looking for a daily driver 2 months ago,KBB "retail's" on most of the listings were as high as the original msrp.On 1 or 2 year old cars??That's why I usually use kbb trade in value as a starting point

Kbb trade in values are low, both when I traded my 2010 Camaro and when I traded my 2007 HHR I got several thousand more trade than they had listed for either one.

woodj · 09-17-2012, 08:47 AM

One time out of all the cars I've bought I thought I got over. The sales manager threw me off the lot of a Nissan dealer when I was negotiating for an Altima for a girlfriend. Over a $250 "advertising fee" I wasn't going to pay. I felt pretty good about getting thrown off the lot of a Nissan dealer actually. Like I was getting somewhere. They called me the next day and told me I could have the car for the price I wanted. The sales manager turned his head and wouldn't look at me when I walked in.

ShowSStopper · 09-17-2012, 09:03 AM

Quote:

Originally Posted by Angrybird 12

Something is screwy about KBB. I checked mine the other day and their retail value for mine was just $500 less than what the MSRP on the sticker showed.

I feel like I didn't get that great of a deal on my SS because I was flipped BAD on my V6 when I upgraded...but if you go by KBB, I actually have positive equity in my SS already because their trade in value in excellent condition is more than I paid for the SS new.

It makes no sense.

SSBlack · 09-17-2012, 09:10 AM

Not a Camaro story, but......

A neighbor (battered wife, sad story) went to buy a car because her (soon-to-be) ex had taken a baseball bat to her car.

She was upset, vulnerable and knew little about car purchases. They asked her what she could afford a month and promptly sold her a car for at least $8K over normal retail. She said she never saw the price and was happy to get the monthly payment she wanted.

I don't want to get into the "dealerships take advantage of women" argument, again. But they do and they will take advantage of ANYONE they see as easy prey.

Like blood in the water attracts sharks.

babytiger · 09-17-2012, 09:22 AM

My wife refers to it as horse-trading, negotiating, workin' the deal, whatever term you want to use. And she is a pro at it. She can walk away from a deal at the finance table, based on being off just a few dollars or not having a fee explained to her liking.
Me on the other hand, not so much. I see it, I like it, I buy it....
And as you can guess, I don't get to go shopping by myself very much, LOL.

BowtieBelle · 09-17-2012, 09:24 AM

Quote:

Originally Posted by ShowSStopper

I feel like I didn't get that great of a deal on my SS because I was flipped BAD on my V6 when I upgraded...but if you go by KBB, I actually have positive equity in my SS already because their trade in value in excellent condition is more than I paid for the SS new.

It makes no sense.

Too bad dealers don't go by KBB. They go by their black book which is always like $2k less than KBB. It sucks.

Skyblu · 09-17-2012, 09:57 AM

well I got raped on my 2010ss/rs ABM almost $47,000.00, but it was the only dealer in the area at the time that could order me one the way I wanted it in 2009 so like everyone says I got the car I wanted and they won - oh well. Still got $14,000.00 to go till paid in full whoo hoo!

ShowSStopper · 09-17-2012, 10:03 AM

Quote:

Originally Posted by BowtieBelle

Too bad dealers don't go by KBB. They go by their black book which is always like $2k less than KBB. It sucks.

Oh I know. They will only give you auction value for your trade, and if that is within $2k of KBB then you are lucky...usually I see them going for $5k under KBB and coming up to maybe $2k by the end of the negotiations.

Then, of course, they don't auction the car and make an absolute killing selling it off the lot at their markup.

09-16-2012, 03:06 PM	#15
SolomonAKOO Drives: 2011 2SS/RS Join Date: Apr 2012 Location: Wyoming Posts: 1,210 View My Garage	Well I bought my 2011 2SS/RS for sticker price of 38k and ended up paying around 41k after taxes and all in April of this year. I just recently looked on KBB and NADA and my Camaro now books for just over 31k!!? I just don't get it. But needless to say I got screwed pretty bad. Lesson learned never buy new unless you got a good chunk of money to put down. But I guess it's ok since I love my car and won't get rid of it. __________________ 1 7/8" TSP headers straight piped, Custom Tick Performance cam w/ supporting mods, 1" BMR springs and other BMR suspension mods. Tuned with HPtuners by Matt@FSP

09-17-2012, 08:47 AM	#22
woodj Drives: 2SS/RS RJT Vert Join Date: Mar 2011 Location: Madison, AL Posts: 658 View My Garage	One time out of all the cars I've bought I thought I got over. The sales manager threw me off the lot of a Nissan dealer when I was negotiating for an Altima for a girlfriend. Over a $250 "advertising fee" I wasn't going to pay. I felt pretty good about getting thrown off the lot of a Nissan dealer actually. Like I was getting somewhere. They called me the next day and told me I could have the car for the price I wanted. The sales manager turned his head and wouldn't look at me when I walked in. __________________ K&N Typhoon CAI, Flowmaster Outlaw axle backs, Vertini 20" Wheels, Sparks Restorations SS Emblems, GM Wind Restrictor, Splash Guards Last edited by woodj; 09-17-2012 at 09:05 AM.

09-16-2012, 03:30 PM	#16
jimmy5 Drives: 2012 ZL1 #450 Join Date: Nov 2011 Location: Big Spring, TX Posts: 479	I guess I am just lucky. I've never really been hosed on a car deal. I've always negotiated total purchase price, not how much I could make in payments, never gotten a bad interest rate, and always got some sort of break on the price. Never pick a car you can't walk away from. You lose your leverage.

09-16-2012, 04:26 PM	#18
northshore2ss Drives: 2010 2SS/RS Join Date: May 2012 Location: massachusetts Posts: 9	KBB retail values are a joke!When I was looking for a daily driver 2 months ago,KBB "retail's" on most of the listings were as high as the original msrp.On 1 or 2 year old cars??That's why I usually use kbb trade in value as a starting point

09-17-2012, 08:29 AM	#19
robsls3 Account Suspended Drives: 2010 camaro 1SS Join Date: Jul 2010 Location: Oaklawn, IL Posts: 862 View My Garage	I got hosed plenty of times by the car dealers but you learn from it. Last 3 cars I bought I held my guns. I left 3 times when buying my camaro till I got the right price and amount for my trade. When i bought my wifes trailblazer I did the same thing. Ended up at the dealer on christmas eve signing the paperwork. Worst was when I bought my GTO I was the biggest dumbf#$k and still to this day I have no clue what I was doing or thinking. Walked in walked out with it no negotiations. My wife still haunts me to this day for doing that. You just have to have the power to make your self say screw it im leaving telling them call me when you have a better price. Just did it last weekend with my mom. Took her to buy a car and they tried selling her some craptatic 04 buick lesabre and tried pawning it off as a some cadillac in price. I told my mom lets go and told them call us when you got something better. She ended up leaving with a 06 Impala SS for $9500 clean car fax on 60k miles. Again that took threats of walking out.

09-17-2012, 09:10 AM	#24
SSBlack Account Suspended Drives: 2010 2SS/RS JFB Join Date: Mar 2012 Location: DFW Posts: 807	Not a Camaro story, but...... A neighbor (battered wife, sad story) went to buy a car because her (soon-to-be) ex had taken a baseball bat to her car. She was upset, vulnerable and knew little about car purchases. They asked her what she could afford a month and promptly sold her a car for at least $8K over normal retail. She said she never saw the price and was happy to get the monthly payment she wanted. I don't want to get into the "dealerships take advantage of women" argument, again. But they do and they will take advantage of ANYONE they see as easy prey. Like blood in the water attracts sharks.

09-17-2012, 09:22 AM	#25
babytiger it's hers... Drives: 2011 Camaro 2SS/RS Convertible Join Date: Jun 2012 Location: katy, tx Posts: 1,202	My wife refers to it as horse-trading, negotiating, workin' the deal, whatever term you want to use. And she is a pro at it. She can walk away from a deal at the finance table, based on being off just a few dollars or not having a fee explained to her liking. Me on the other hand, not so much. I see it, I like it, I buy it.... And as you can guess, I don't get to go shopping by myself very much, LOL.

09-17-2012, 09:57 AM	#27
Skyblu Drives: 2010 Aqua blue 2SS/RS M6 Join Date: Jul 2009 Location: Florida Posts: 993	well I got raped on my 2010ss/rs ABM almost $47,000.00, but it was the only dealer in the area at the time that could order me one the way I wanted it in 2009 so like everyone says I got the car I wanted and they won - oh well. Still got $14,000.00 to go till paid in full whoo hoo!