Carshen Lets Dealers Bid, Competition is the king!
Take advantage of the online shopping to get a full list of your local car dealers. Then start the bidding among the dealers to get your best price. This is the key step to prepare your visit to any local dealers.
Use Bidding Among the Local Dealers to Get the Best Price
Competition is the king.
Instead of trying to find a "secret price" or "fair price" which may expose you to scams of the "car buying specialists", you can use the following 3 simple steps to get your best price easily -- with only computer and some phone calls:
Step #1: To get free online dealer's quotes through Carshen.com as many as possible:
Carshen.com has national network with over 40,000 dealers participating. With minimum information, such as your name, email, and zip code, you can find all the dealers in your area.
Note that you should try to find as many dealers as possible to start. You need to create strong competition among all the dealers (detailed in step #2) to get your best price. In order to achieve this goal:
- Use as many online car dealers as possible by expanding your "local area" to an acceptable driving distance, such as 1-2 hours. (120 miles). This will create an even stronger competition.
Step #2: Negotiate with all the dealers through Carshen.com and let them bid against each other:
Bidding among dealers is the key to show the "true fair price" -- the lowest price with a reasonable profit. After requesting for the free quotes from Carshen.com, you will receive various quotes from local dealers. Use the following simple process for the online/phone conversation:
- Ask for the cash price that excludes financing, rebates, incentives, trade-in, fancy add-on or services. Tell the dealers that you are not considering any of the options at the current stage. This will give you a simple base-line to compare and help you avoid any confusion or dealer scams.
- Take the lowest price and submit your counter offer using this lowest price through Carshen.com
- Repeat this process till they can't go any lower. This is the best deal or the "fair price".
Step #3: Build a short list and start your face-to-face negotiation:
Based on the bidding results, you can come up with a short list with a small group of Carshen dealers to visit:
- Print a few instead of only one so that you can compare the negotiated deals that include various options from carshen.com
- Exclude the dealers that you don't feel comfortable through the conversation or the dealers with bad feedback on carshen.com, such as those kept asking you to "come and talk" instead of giving you a clear quote through carshen.com, or kept throwing in incentives, mentioning finance advantages, trade-in, etc.
- Set up an appointment instead of leaving your time open. Pick YOUR time or give the dealer 2-3 choices. This will put pressure on the dealers and reduce your exposure to dealer scams.
