I was wondering if you could give some comment/ input on my process of buying a used car that I am currently involved in?
- The car was found on the internet with internet pricing - local dealer that allowed me to come and test drive the car. Car is clean, there are some surface scratches on the finish (hey it is a used car!) and one minor stain on one of the seats. The car wouldn't start right away. They said the battery was dead and they had to jump start it. Once it was started it ran very well.
- Pulled the carfax report on the vehicle and nothing shows up
- the car is a 2003 with fairly low miles on it <30k
The internet price for the vehicle before tax, dealer prep (500.00) and processing fee (20.00) was 12,990. He has relisted the vehicle a second time
for lack of bids the first time around.
I tried to offer a inclusive total drive out price but he would not accept that so I offered 11K cash because of the following reasoning
guessitmate on the trade in value was about 10k, 500.00 known profit I would be willing to give, 500 dealer prep profit = 11k
He countered with 12,899. I declined. He wants to talk to me later today. Where do I go from here? The max I can afford is 12k taking into account all the extra fees that will be added to that.