Buying a vehicle in the 21st century is a whole new ball game. With the evolution of the internet, it isn’t at all surprising that you can buy a car online in Canada, simply through a virtual transaction.
All you have to do is visit the dealership’s digital department, ascertain whether your car is in stock by emailing or texting them, book an appointment for a test drive and get a quote on your vehicle of choice. Once you’ve settled on a car after your test drive, you can finance, negotiate and complete the rest of the transaction online. From there, most dealers will deliver your new car to your address.
Seems simple enough, right? But wait. You’re missing a crucial step!
Why Do I Need a Dealer Invoice Report When I’m Buying a New Car Online?
In the above scenario, a dealer invoice report wasn’t used. Therefore, the person making the purchase would have likely paid the full MSRP (Manufacturer’s Suggested Retail Price) and missed out on saving quite a bundle. For instance, the dealer may provide the car to you for $27, 000, however, they paid $24,000 to the manufacturer to own it. This means that the dealership enjoys a profit margin of $3,000, with the buyer of the car being none the wiser.
Complete Transparency – No Catch, No Hidden Costs
This is how a dealer invoice report helps. It starts when you request a free report for a particular model and make. Your report will detail the original price (invoice price) paid by the dealer to the manufacturer. Moreover, when you approach a reputed dealer invoice report provider, you can even access the latest incentives, rebates and certified dealers with absolutely no hidden charges. All of these benefits would ordinarily be closed off to you. With a dealer invoice report, transparency is the focal point.
SAVE on Your New Car While You Access the Latest 2019 In-Car Technologies
2019 promises to debut several innovations in the automotive industry. What will your future car look like? These breakthrough technologies will revolutionize the way you drive.
For instance, using AI like Amazon’s Alexa to interact with your car’s infotainment system, Nissan’s “B2V (brain to vehicle) communication that uses a headband to detect brain waves and prep the vehicle for the action that you intend to make, Ford’s Waze mapping and navigation that gives you real-time crowdsourced data on a delay/backup, and so many other seamless solutions.
How does a dealer invoice report factor in? Not only do you get the best price on your new car, you also get the latest upgrades, technologies and trim levels at the best quotes. The savings you rack up just by approaching the right dealer will make for a very pleasant buying experience.
Compare Offers From All Your Local Dealers!
When car shopping, just as with any sizeable investment, it’s important to consider offers from at least a couple of different dealerships to get a rough idea of what you’ll be spending. You may have to walk away on your first visit, prompting the dealer to provide a more attractive offer. Don’t settle. Shop around until you find one that’s willing to match your expectations.
With a dealer invoice report, besides finding out the vehicle’s wholesale cost, you will also be able to find out what other people in your area have paid for the same make and model. Moreover, the report will recommend only the highest quality dealers that offer irresistible prices.
Be in a Much Better Position to Negotiate
When you approach your dealer, you need a feasible figure, based on which you can begin negotiations. Overshoot a reasonable amount and the dealer won’t entertain you, undershoot a reasonable amount and you’ll stand to lose a tidy sum.
The question is: how do you strike the right balance? A dealer invoice report gives you a good idea of the bargaining figure on which to begin negotiations. Most dealers make a profit margin of about 8.7%. Naturally, you have to negotiate at a quote that’s fair to you and allows the dealer to have some leftover revenue as well. The report gives you a number that works for both parties. It’s best to follow the 3-5% rule. This means, whatever invoice price your report reveals, add about 3-5% to that figure to arrive at your negotiating price.
Free Invoice Reports. Lowest Price Offers. Certified Dealers.
Buying a new car online doesn’t have to be riddled with challenges. With a free dealer invoice report, you can access incentives, rebates, and offers that you can’t normally enjoy. Request your report right here!