Our friends at Auto Remarketing are reporting about a recent Microsoft survey focused on the buying habits, expectations and preferences of Millenials - the newest generational demographic made up of buyers 18-29 years of age.
Respondents were asked a series of questions including their thoughts about making a choice between negotiating at a dealership or going to the dentist.
http://digg.com/d31SgeB
Which do you think they overwhelmingly chose?
Showing posts with label buying a new car. Show all posts
Showing posts with label buying a new car. Show all posts
Tuesday, June 1, 2010
Thursday, November 12, 2009
How To Get A Great Deal On The 2010 Mazda CX-7
This week’s AutoBidsOnline.com spotlight on the latest and greatest in the new car market focuses on the 2010 Mazda CX-7 4dr S Touring 2WD. The CX-7 is one of the best in class in the Crossover segment and a real bargain listing at $26,550.
"Without a doubt, the 2010 Mazda CX-7 4dr S Touring 2WD is currently leading the way against rivals Subaru Tribeca and Chevy Equinox," said Jeff Cook, President of AutoBidsOnline.com.
Noted industry expert David Ruggles of the Ruggles Report suggests, “With a 36 month residual of 48%, the CX-7 maintains reasonable resale value after three years. Based upon an MSRP of $29,800, that equates to just $400 depreciation per month.”
CHROME REVIEW: None Available
DETAILS:
Invoice/MSRP: $24,905.00/$26,550.00
Current True Car Value: $25,052
Current Edmunds TMV: $25,529
MPG HWY: 25 mpg
MPG City: 18 mpg
CURRENT REBATES & INCENTIVES: 0% financing available from Mazda Credit. Regional incentives may vary.
WARRANTY: 3 years / 36,000 miles
RESIDUAL OUTLOOK: Good
COMPARABLE VEHICLES: Chevy Equinox - Subaru Tribeca
HOW TO GET BEST PRICE: Competitive pressure will always yield the best possible price. If you are looking to get the new CX-7, you would be well served to visit as many Mazda dealers as possible and go armed with as much information as possible.
Our friends at Edmunds.com and TrueCar.com have each performed significant research in stating their thoughts on the real market value of the CX-7. Their numbers are a great starting point.
However, if you don’t have the time or desire to invest hours in onsite dealer negotiations, you can join AutoBidsOnline.com and set your own price with our new AutoBidIt! feature. It’s all very easy:
1. Build out the exact car you want.
2. Determine the price you are willing to pay.
3. AutoBidIt!
AutoBids’ dealers are pre-screened for best of breed business practices and all are committed to straight-forward negotiation and transparent pricing. They will compete to be the first to meet your no-obligation bid as only the first dealer to do so will get your business.
"Without a doubt, the 2010 Mazda CX-7 4dr S Touring 2WD is currently leading the way against rivals Subaru Tribeca and Chevy Equinox," said Jeff Cook, President of AutoBidsOnline.com.
Noted industry expert David Ruggles of the Ruggles Report suggests, “With a 36 month residual of 48%, the CX-7 maintains reasonable resale value after three years. Based upon an MSRP of $29,800, that equates to just $400 depreciation per month.”
CHROME REVIEW: None Available
DETAILS:
Invoice/MSRP: $24,905.00/$26,550.00
Current True Car Value: $25,052
Current Edmunds TMV: $25,529
MPG HWY: 25 mpg
MPG City: 18 mpg
CURRENT REBATES & INCENTIVES: 0% financing available from Mazda Credit. Regional incentives may vary.
WARRANTY: 3 years / 36,000 miles
RESIDUAL OUTLOOK: Good
COMPARABLE VEHICLES: Chevy Equinox - Subaru Tribeca
HOW TO GET BEST PRICE: Competitive pressure will always yield the best possible price. If you are looking to get the new CX-7, you would be well served to visit as many Mazda dealers as possible and go armed with as much information as possible.
Our friends at Edmunds.com and TrueCar.com have each performed significant research in stating their thoughts on the real market value of the CX-7. Their numbers are a great starting point.
However, if you don’t have the time or desire to invest hours in onsite dealer negotiations, you can join AutoBidsOnline.com and set your own price with our new AutoBidIt! feature. It’s all very easy:
1. Build out the exact car you want.
2. Determine the price you are willing to pay.
3. AutoBidIt!
AutoBids’ dealers are pre-screened for best of breed business practices and all are committed to straight-forward negotiation and transparent pricing. They will compete to be the first to meet your no-obligation bid as only the first dealer to do so will get your business.
Tuesday, November 3, 2009
Online Activity Reaches Record High With Car Buyers
For the first time ever, more than 4 out of every 5 car buyers are using the Internet in their shopping experience. In a report just released by Chrome Systems, 86% of those responded to a poll conducted by Zogby International indicate they conduct online research prior to the purchase or lease of a new vehicle.
Manufacturer websites lead the way as 64% say they visit OEM sites while conducting research. However, third party portal sites like AutoBidsOnline.com are garnering increased appeal as well.
This is apparent as 73% say they shop online for convenience and 60% utilize the Internet to save time. Many shoppers also site that shopping online relieves the pressure of negotiating with a salesperson (58%) and also helps to identify the best car for them (50%).
Manufacturer websites lead the way as 64% say they visit OEM sites while conducting research. However, third party portal sites like AutoBidsOnline.com are garnering increased appeal as well.
This is apparent as 73% say they shop online for convenience and 60% utilize the Internet to save time. Many shoppers also site that shopping online relieves the pressure of negotiating with a salesperson (58%) and also helps to identify the best car for them (50%).
Wednesday, October 21, 2009
AutoBidsOnline.com New Car Buyer Survey
We need your help! Tell us about your recent new car buying activity at: www.autobidsonline.com/buyer_survey.html
It is only 11 questions and will take just a few minutes. We'll also make it worth you while by giving away a $250 gift card in a random drawing of all completed surveys on November 11th.
As always, I appreciate everyone's input!
It is only 11 questions and will take just a few minutes. We'll also make it worth you while by giving away a $250 gift card in a random drawing of all completed surveys on November 11th.
As always, I appreciate everyone's input!
2010 Motor Trend Car of the Year
On the heels of winning the COY award in 2009 with the Forester, Subaru takes top honors again this year with the Outback. This is the first time the OEM has won the award two years in a row.
Starting at $23k, the Outback packs a 256hp punch with its 3.6L Boxer engine yet still maintains high levels of fuel efficiency, value and a roomy interior.
Read more from our friends at AutoRemarketingToday: http://www.autoremarketing.com/ar/news/story.html?id=10268
Starting at $23k, the Outback packs a 256hp punch with its 3.6L Boxer engine yet still maintains high levels of fuel efficiency, value and a roomy interior.
Read more from our friends at AutoRemarketingToday: http://www.autoremarketing.com/ar/news/story.html?id=10268
Tuesday, October 13, 2009
Take A Wild Guess Who's Behind This One
Barney The Pimp and some so-called consumer protection groups are calling for yet another layer of bureaucracy to "oversee" dealer assisted financing on new and used car loans.
Just what we need - more bureaupunks, creating yet another layer of bureaucracy. If this passes, we'll be blessed with one more inefficient, unaccountable waste of our tax payer dollars – all in the name of “protecting” the consumer.
Here’s a novel idea – learn the meaning of Caveat Emptor people. Read your contracts and quit blaming your laziness on someone else. It's not the federal government's job to ensure you don't buy something you don't need and it's not the federal government's job to keep you from paying more than you should.
The dumbing down of our society continues to evolve at a rapid pace - and we're letting it all take place right before our very eyes.
https://home.autonews.com/clickshare/readLink.do?CSAuthKey=kfh_Szi2T0U-o42EVmwPFYo-0
Just what we need - more bureaupunks, creating yet another layer of bureaucracy. If this passes, we'll be blessed with one more inefficient, unaccountable waste of our tax payer dollars – all in the name of “protecting” the consumer.
Here’s a novel idea – learn the meaning of Caveat Emptor people. Read your contracts and quit blaming your laziness on someone else. It's not the federal government's job to ensure you don't buy something you don't need and it's not the federal government's job to keep you from paying more than you should.
The dumbing down of our society continues to evolve at a rapid pace - and we're letting it all take place right before our very eyes.
https://home.autonews.com/clickshare/readLink.do?CSAuthKey=kfh_Szi2T0U-o42EVmwPFYo-0
Thursday, August 20, 2009
How To Make A Great Deal On A New ¾ Ton Truck
Now may be one of the best times ever to make a killer deal on a new truck or SUV. CARS has had a tremendous impact on US auto sales and one of the byproducts is a growing supply of trucks and SUV's sitting on dealer lots.
How To Make A Great Deal On A New ¾ Ton Truck
How To Make A Great Deal On A New ¾ Ton Truck
Thursday, August 13, 2009
Be Careful Who You Mess With
It amazes me how some auto dealers still play the game this way. Certainly there is an art to the sale, but the guys at this Dallas area dealership are probably wishing they dealt in a more straight forward and transparent manner.
An up comes in ready to buy. He and his wife are dead set on buying a new car and looking to do a Cash for Clunkers trade. They've done their research and know their vehicle qualifies for $4,500 under the government's CARS program.
The dealer decides to milk it for all it's worth and ties them up in the old sales manager's office back and forth. After a hour and a half, the customer gets pissed and walks. The dealer gets nothing but a really poor review from a noted columnist.
Now why on earth would you make a lay down so difficult? Especially these days!
Work the deal but for Godsakes, make it work!
The world of car sales is changing at warp speed. Those that get it stand to win and those that don't are going to get left behind quickly.
Just remember, each prospect deserves to be treated with respect - regardless if they come in with a chip on their shoulder or not. After all, they might just be a noted columnist...
http://frontburner.dmagazine.com/2009/08/12/new-car-dealer-con-game-involves-cash-for-clunkers/#more-24458
An up comes in ready to buy. He and his wife are dead set on buying a new car and looking to do a Cash for Clunkers trade. They've done their research and know their vehicle qualifies for $4,500 under the government's CARS program.
The dealer decides to milk it for all it's worth and ties them up in the old sales manager's office back and forth. After a hour and a half, the customer gets pissed and walks. The dealer gets nothing but a really poor review from a noted columnist.
Now why on earth would you make a lay down so difficult? Especially these days!
Work the deal but for Godsakes, make it work!
The world of car sales is changing at warp speed. Those that get it stand to win and those that don't are going to get left behind quickly.
Just remember, each prospect deserves to be treated with respect - regardless if they come in with a chip on their shoulder or not. After all, they might just be a noted columnist...
http://frontburner.dmagazine.com/2009/08/12/new-car-dealer-con-game-involves-cash-for-clunkers/#more-24458
Tuesday, July 28, 2009
More Insight on the CARS Debacle
Here's a good video report from JJ's AutoFinanceNews.net: http://autofinancenews.net/video/video/show?id=2192375%3AVideo%3A20602&xgs=1
CARS Mess Has Only Just Begun
As my grandfather would say, "The Federal Government could f*ck up a wet dream."
In their infinite wisdom, the EPA increased the combined MPG on certain vehicles last Friday. What impact did this have on buyers looking to take advantage of the CARS / Cash for Clunkers program?
Plenty as our buddies at Auto Remarketing Today reveal at: http://www.autoremarketing.com/ar/news/story.html?id=9804
In their infinite wisdom, the EPA increased the combined MPG on certain vehicles last Friday. What impact did this have on buyers looking to take advantage of the CARS / Cash for Clunkers program?
Plenty as our buddies at Auto Remarketing Today reveal at: http://www.autoremarketing.com/ar/news/story.html?id=9804
Sunday, July 26, 2009
How To Get Best Price For Your Next New Car
Massive rebates are coming into the market on the heels of the government's Cash for Clunkers (or CARS program). With dealers literally starving for new sales, now may very well be historic times for the new car shopper.
As you set about buying your next new car, you are probably wondering the best way to establish the true market value and secure the best possible price.
Edmunds.com has done very well with their True Market Value figures or TMV. There is also a new site www.truecar.com that can help as well.
Regardless, true market value pricing is important to know so you can set realistic expectations about how much your new car is really worth.
Set your price at AutoBidsOnline.com and let dealers compete to meet it. Compared to requesting a "free" quote, you can quickly see how AutoBids delivers much more competitive pricing than other car buying sites.
When dealers respond to your buy bid, you control the negotiation and spend zero time playing the dealer sales game. By knowing the true value of your car, you take the uncertainty out of the deal.
You may think that dealers will shy away from these offers, assuming that they can make more money selling to someone else. Of course, dealers are in the business to make money, so they are not likely to accept offers that equate to a loss for their dealership. But money is money. Even if you are only offering a small profit for your dealer based on the price you want to buy at, a speedy transaction is often well worth consideration for the dealer.
Additionally, AutoBids dealers know you are serious about buying now. They too grow tired of online tire-kickers much as you grow tired of all the dealership "games".
Our dealers are willing at competitive prices because they are assured of a quick turn. AutoBids deals require considerably less time than the traditional type of sale. When a dealer doesn’t need to spend time selling to you, their workload is significantly reduced.
So spend the time necessary to determine the true market value of your next car but submit it as a buy bid at AutoBidsOnline.com. You'll save a ton of time and get a great deal too.
As you set about buying your next new car, you are probably wondering the best way to establish the true market value and secure the best possible price.
Edmunds.com has done very well with their True Market Value figures or TMV. There is also a new site www.truecar.com that can help as well.
Regardless, true market value pricing is important to know so you can set realistic expectations about how much your new car is really worth.
Set your price at AutoBidsOnline.com and let dealers compete to meet it. Compared to requesting a "free" quote, you can quickly see how AutoBids delivers much more competitive pricing than other car buying sites.
When dealers respond to your buy bid, you control the negotiation and spend zero time playing the dealer sales game. By knowing the true value of your car, you take the uncertainty out of the deal.
You may think that dealers will shy away from these offers, assuming that they can make more money selling to someone else. Of course, dealers are in the business to make money, so they are not likely to accept offers that equate to a loss for their dealership. But money is money. Even if you are only offering a small profit for your dealer based on the price you want to buy at, a speedy transaction is often well worth consideration for the dealer.
Additionally, AutoBids dealers know you are serious about buying now. They too grow tired of online tire-kickers much as you grow tired of all the dealership "games".
Our dealers are willing at competitive prices because they are assured of a quick turn. AutoBids deals require considerably less time than the traditional type of sale. When a dealer doesn’t need to spend time selling to you, their workload is significantly reduced.
So spend the time necessary to determine the true market value of your next car but submit it as a buy bid at AutoBidsOnline.com. You'll save a ton of time and get a great deal too.
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