Switch: What year are those cars?

 

what the heck is cpo? well i'll be running to the dealer tomorrow i think i'll offer them 500 above their cost. i think its fair since this car has been sitting there for a month. well i'll check back and see if there are any thing i can take before i buy.

thanks!

 

oh yea, does anyone know how much a dealer looses each day for any used car that sits at the lot? this info will help me A LOT.

thanks.

 

cpo is certified pre-owned. the warranty is MUCH better than your standard hondacare warranty. it has similar protections as a new warranty. NO aftermarket warranty has that.

how much do they lose? who knows, there are many ways to state that. I guess the cost of keeping the car there is the opportunity cost for that parcel of land. dealers usually are in areas where this is cheap. It is the fact they could have another car there that (might) sell where the cost comes in. I don't think that there is much difference between one week and one month on "holding" costs so I don't think you have any leverage there. After 60 days, dealers will usually let a car go cheap, but if they have not had it that long, they will hold out for a better deal.

 

one last question. what "fee's" should i be paying?

dealers usually tell me fees are about 10% shouldnt i only pay tax on a used car?

 

I paid a document preperation fee ($45.00), Registration, transfer and Titling fees ($32.00) and Sales and use tax (this based on the jurisdiction your are residing).

Total fees $77.00

 

most dealers have a dealer fee of around $400. I would say that you are negotiating price+TTL. That way, if they try to add the fee you can say that the fee is not a tax, title, or license fee and insist that your negotiated price should include that. Usually it works...worst case you can half it.