Re: My first new pickup

Posted by cornfarmer on December 29, 2008 at 13:06:57 from (12.43.88.121):

In Reply to: My first new pickup posted by Thinking about it on December 29, 2008 at 02:43:32:

$20,000 won't do it. 2 problems. First, to get a "deal", you would have to find an '08, and probably none around like you want. Second, without high margin options, not much room for a dealer to negotiate. That leaves you with ordering an '09. Dealer invoice will be around 27,500. That leaves him, at most, around $750 profit figuring he gets about a 3% holdback. Knock off $1500 rebate, that leaves you at around $25,500 and nets him $250. You still have to add tax and title, in Illinois that would add about $1800 dollars, so $27,300 out the door for a cash deal. If you finance, he will get a kickback, so price can be lower. If no prepayment penalty, you might come out ahead to finance and pay truck off 1st payment. Let us know how it works out!!!

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