$7,540.00 off of M.S.R.P. isn’t a bad little discount off of a brand new 2011 Corvette. Notice the A/R after the $62,995 on the tag, it stands for “Approval Required.” Who’s approval? Do you only get that huge discount if you lease the car or only finance for a very short term such as 36 months?
The way a silent sale works is, you go to the lot while the dealer is closed, find a car, like a price, and take the tag home with you. The next day you call the dealer and set an appointment to go test drive the vehicle and make a deal.
Car buying tip – A Silent Sale is a safe way to go to a car lot and not be hassled by a car salesman, you can get discounted prices and look at the different makes and models.
If you find one you like, write down the information from the vehicle including the vehicle identification number and M.S.R.P, write down the sales price also. You can take pictures with your phone if you don’t have a pen and paper.
Instead of calling the dealer right away the next day, take your information and calculate the dealer’s true new car cost on the vehicle you’re wanting to buy. Determine what a fair profit new car offer would be and then check what other dealers in your area are selling the same car for by using free, no-obligation new car price quote services.
When car dealers discount their vehicles to rock bottom prices, they will attempt to make up lost profit during the finance process of the car deal. Learn how to obtain low-interest car loans online. Having a pre-approved car loan in place will give you the upper hand when negotiating finance options with a car dealership.