Overhaulin'

what is the average discount on a new car if i buy it by cash.?

i am from new york and want to buy a audi Q7. The dealer offers me only 5% discount. Original i am from germany... and if you purchase a car there you can get up to 25% for a car.

Public Comments

1. Cash gets you nothing usually. The dealers actually prefer that you finance through them so they can get a kickback on the deal.
2. Buddy your not gonna get 1/4 th off... no matter if you buy in gold bars or what.... hoer 5% is a little weak i say 10 -15% should be expected.... haggle a bit and see if there is another audi dealer around...
3. All vehicle makes have different $ amount of mark up. There is no set amount that is the same. Try looking at Edmunds.com they have a true market value price. this price is the average of what customers are paying for the same vehicle you put in the system tjhat you are interested in. Most customers make mistakes in the vehicle value because they do not put all the options that are on the vehicle. The options price is very important to the price range. Cash does not matter a dealer ship makes more $ if you finance, they can charge you extra % rate to make more profit.
4. use edmunds.com look up the car you want and options and fill in all questions you are asked and they will give you a tmv which is what you should pay for the car in the area you live in. than go to dealer and have him give you his price first and if it is not close than tell him what price you have and he should be very close to it and if not leave and go elsewhere. they don;t care if you pay cash or not as they still get there money either from you or from lending company, as a matter of fact they like you to finance as the finance guy gets a kick back from the loan company and that is how he makes his money ( learned that from a guy who's wife did it ) . I use edmunds and have never had any problems at all so that is what I would do and go from there. don't bend to them as they can sell you the car for whatever edmunds gives to you, but they want to sell it for as much as they can.some one will sell you the car for the price you find.
5. Edmunds is a good place to start. You should find out what the TRUE dealer cost was for the vehicle and offer about 3% higher for a profit. Also never tell the dealer how you are paying until you have reached a final price.
6. There is no incentive for the dealer to offer a discount for cash. They make more money when you finance a vehicle.