I paid $200 over Kelley Blue Book price for my 2003 SE AWD 4 days ago (could have paid $100 over invoice in Buffalo, but it's an hour and a half drive from here and the local dealer promised he would provide a free rental car if I even had to leave it in the shop... not that I got in writing or anything...:1pat: doh!)
I was able to get the VPP pricing for non-Nissan employees. Ended up being about $185 under invoice plus they gave me a good deal on my trade-in compared with everyone else. CarMax had them below invoice before, but I have not seen that for a while.
Thanks for the feedback, but maybe I should rephrase the question as it looks like only dklanecky1 really understood what I was asking.
I notice many messages in this thread and others stating "below invoice". Unless its a U.S. thing I don't understand that statement.
In Canada, if you wanna buy an SE (non-navi) from a Nissan dealer in Vancouver, Calgary, Winnipeg, Toronto, Montreal, Halifax, the price is CDN$46,500 (MSRP). That is the retail price of the car no matter where you are in the country.
I managed to get the dealer to take C$2,900 off THAT price.
Now the dealers price from Nissan is obviously lower, say for example he gets it for (i dunno) C$42,000, that means the dealer made $1,600 profit. Good for him. I just want to know how much have others managed to take off the MSRP?
Some have said they "bought it $150 below dealer invoice." To me, that means the dealer LOST $150 what it cost him to buy the car from Nissan. That means he's going out of business real soon if he's not making any profit.
In the US, we have the Invoice Price which is what the dealer pays for each vehicle "on paper." But there are "dealer holdbacks" (see Edmunds.com for an explanation of these holdbacks) that are meant to cover a dealer's advertising & promotion costs as well as other incidentals. That's how dealers can sell cars "below invoice" and still be OK. Granted they don't make a huge profit (or any at all), but they move a unit and that helps their allocation for the next model year.
Stevce, I tried looking-up Canadian invoice pricing on the net, but it appears that you'll have to pay for a subscription to view these prices. I guess the lowest price is $9.95 and the highest is $50, but it may be worth it if you can recover the price of these costs in your negotiations.
I went to this website to look for Canadian invoice pricing:
SL AWD with the following options: Cold Package, SL Premium Package, Dynamic Control Package, SL Leather Package, Tow Package, Sunroof, Sunroof Wind Deflector, Splash Guards, Carpeted Mats, Cargo Area Protector.
Although the guys didn't give me a cargo net which was supposed to come w/Premium Package...I need to go back and ***** at them...
It's "possible" that the MSRP in Canada is just the same as the MSRP in the US, with the currency conversion. Hww they would arrive at what day to use as a currency conversion rate is beyond me, however.
If that is true, then you can apply the conversion to the US invoice number and get the Canadian invoice.
stevce, you did better than I did, in one sense, but...
I sold my PF privately at end of lease. The dealer did all the paperwork, including trips to inspection centre, licence bureau (twice), the buyer (50 miles away), washed it, etc., and handed me every cent of the difference between the residual (buy-back) and what I sold it for.
I had 9 tires, limo tint, 3 security systems, etc., and that's why it sold above residual.
So, the cash discount was close to yours on the MO, but if I had paid what you did, I would have paid for all that running around on the PF.
So, I'm happy, and the bottom line is fuzzy, given the circumstances.
BTW, I noticed your footer and we both own the EXACT same car.
Great minds must think alike.
However, I managed to get yellow roadpaint splashed on the drivers side of my car last week as I was driving home one night.
I noticed it the next day and spent and entire morning scraping it off with my finger nails and hot water with soap. :3: I managed to get every spec off the paint and the plastic mud guards. I only left it on the top of the wheel well where you'd never see it and on the underbody. Now I have to buy black underbody paint/tar to go over the yellow. *sigh* Oh well....
I will say there was not one scratch on the paint from my scraping and rubbing. Very impressed!