Date: Sat, 16 Mar 2002 14:21:23 +0000
From: Johannes H Andersen <johsnopsamanytime.co.uk>
Subject: Re: Buying  new 2001 9-5


Dave wrote: > > Armed with everybody's advice, I went to the dealer today to play > hardball. Came away empty handed, because dealer was only willing to > take 10% off invoice on the new 2001's (factory is apprently giving > them the 10% back). Given the price decrease w/ 2002's the difference > is worth even less. The invoice numbers they showed me squared with > Consumer Reports price service data, but I figured they'd go lower > since these are instantly 1 year old cars. Somehow, almost 37k for an > '01 Aero (automatic) didn't seem like a bargain. Nearly 35k for a an > 01 SE w/ heated seats looked a little better, but thats only about > $2500 less than a 2002 should be. Instead of sharing some of the > depreciation with me, seems like they're trying to get me to eat all > of it! Maybe I need to try a dealer away from the big city. They > laughed when I told them people were picking up 01's for around 10K > below sticker. Frank and Kevin- looks like you guys scored! > > - Dave The dealer is selling you a "new" 2001 car. If YOU were trying to sell the same car, then it wouldn't be new and there would be some eyebrows raised about the reasons for selling the car after such a short time, that risk reduces its value. However, if you keep the car for say, 5 years, the difference in depreciation would not be so great. But the obvious visual differences between the models doesn't help; the 2001 buyer will loose out on the pride of driving around in the latest model. The dealer might have a chance with someone who has a hard limit on finance, but time is running out for him... Johannes

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