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FACTS on "UNDER INOICE"

Old Oct 16, 2004 | 01:09 AM
  #11  
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Default RE: FACTS on "UNDER INOICE"

I paid $31.400 for my Magnum - -It's got EVERY option except the block heater ($40.00)
I think if you figure out MSRP this is easily over $1000 UNDER. I think it was about $1500, but I frankly can't remember. It's really not important, what is, is it's a GREAT car that was worth EVERY penny. The only other car I have ever paid even close to MSRP was my '02 T-Bird. It was MSRP and was one of the first ones delivered. People were typically paying $5,000 - $10,000 over when I got mine. However, it too is a GREAT car and worth every penny.
 
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Old Oct 16, 2004 | 01:30 AM
  #12  
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Default RE: FACTS on "UNDER INOICE"

I ordered mine just over three weeks ago and got it for $550. over the invoice posted on the Dodge and Edmunds sites. The dealers here have no R/T's in stock so I really have no choice but to order one and wait. Maybe I will get if for my 72nd birthday in January.
This will be my sixth Mopar but my first new one. The car fits my needs to a "T". This is off topic but a Land speed car I designed, constructed and drove for a while set a new record in it's class yesterday on the Salt Flats at over 366 MPH. Telephone poles look lika a picket fence at that speed. I have been lurking for a while but just signed on.
Howard
 
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Old Oct 16, 2004 | 03:30 AM
  #13  
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Default RE: FACTS on "UNDER INOICE"

$31,400 does not sound bad to me. I wish I can get the SRT for that price!!!!
 
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Old Oct 16, 2004 | 03:31 AM
  #14  
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Default RE: FACTS on "UNDER INOICE"

congrats on the record
 
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Old Oct 17, 2004 | 02:46 AM
  #15  
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Default RE: FACTS on "UNDER INOICE"

Thanks HEMI R/T. I had to quit driving it because of a spinal fusion I had a couple of years ago. Those titanium rods in my back don't take well to the pounding you take.
Howard
 
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Old Oct 18, 2004 | 03:04 PM
  #16  
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Default RE: FACTS on "UNDER INOICE"

Heres a good exmaple of the invoice discount I just checked out.

The dodge dealer has a Dodge 1500 "Big Horn Editon" I was intrested in. They had a huge markup on it the sticker price was $41000. Getting the car for invoice and getting the 5000$ rebate for using chrysler financial droped the price of the truck to $28,500
 
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Old Oct 18, 2004 | 05:05 PM
  #17  
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Default RE: FACTS on "UNDER INVOICE"

I interviewed a dealership today, one at which the internet sales manager and I have been communicating via email. He had 1 black SXT on the lot.
[hr]
His offer of 500 over invoice was clarified as follows:
He enters the info into the order system, which gives him the dealer cost on it.
He adds the destination charge of 625, $500 for the "over invoice" then the state sales tax.

After which we get charged: $100 for tag transfer, 399 for "Document preparation" (a pile IMHO) and then a credit of $1,000 for the Dodge rebate.

He had no idea about any employee discount number he could give out (I got the "deer in the headlights" look from him so it appeared genuine.) If I could explain that better to him I'd get the number and the discount.

Private to that dealer (he is going to start to read the boards)
DD: It was an altogether non-confrontational experience dealing with you today. I hope that the above is what we were talking about.
 
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Old Oct 19, 2004 | 04:25 PM
  #18  
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Default RE: FACTS on "UNDER INVOICE"

A couple of points: a) There is a "factory invoice" and a "dealer invoice". The dealer invoice is the factory invoice marked up with the dealer's baseline profit and charges. b) There are indeed programs that let you buy "below invoice" for several manufacturers.

My employer ( which shall remain nameless ) has in the past had incentive programs with Ford, Volvo, Jag and most recently Dal-Chry. The Ford program has the X and A Plans which give different benefits. X is actually BELOW the price the dealer pays for the car and the A Plan was factory invoice plus 1 or 2% (can't remember). Dal-Chry has an incentive program for "affiliates" wherein DC allows employees of major corporations to buy most of their products below the general public. The current program I have is 1% BELOW the factory invoice and the dealer can't do anything about it.

I bought my SXT on 6/30 and found out on 7/1 about our company's incentive agreement. I went back to the dealer the next day, they showed me the factory invoice (as required by DC) and dropped my purchase price to below invoice. They weren't happy about it since I negotiated a sweet deal on my trade, but had to live with it.

Interestingly enough, the SXT only had around 2k in markup and if I had to guess I would say the RT has around 4k.
 
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Old Oct 19, 2004 | 05:10 PM
  #19  
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Default RE: FACTS on "UNDER INVOICE"

How does one find the FACTORY invoice?

Is it the dealer invoice minus the advertising and holdback?
 
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