It’s 2023 and you’re ready to buy your first car. Woohoo! But wait, can you buy a car below invoice price? It sounds too good to be true, right? Well, it is possible! And it’s not as hard as you think.
In this article, we’ll show you how to get your dream car for below invoice price in 2023. After all, who doesn’t want to save some money on their first car purchase?
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What Is Invoice Price?
Before we get into how to buy a car below invoice price, let’s talk about what invoice price is. Invoice price is the amount a dealer pays for a car from the manufacturer. It’s basically the wholesale price of a car.
When you buy a car, the dealer tacks on a markup to make a profit. That markup is usually between 10-15% of the invoice price. So if the invoice price is $20,000, the dealer may put a $2,000 markup on it and sell it to you for $22,000.
How to Buy a Car Below Invoice Price in 2023
Now that you know what invoice price is, let’s talk about how to buy a car below invoice price in 2023. The secret is to negotiate!
When you go to buy a car, don’t be afraid to negotiate. In fact, it’s expected. Most dealers will be willing to negotiate down to the invoice price or even lower.
Remember, dealers make their money from markups. So if you can get them to lower the price to below invoice, they’ll still make a profit. It’s all about finding the right balance.
Tips for Negotiating a Car Below Invoice Price in 2023
Now that you know the secret to getting your car below invoice price, let’s talk about some tips for negotiating a car below invoice price in 2023.
First, do your research. Know the invoice price of the car you want, as well as the going rate in your area. That way, you’ll know what a fair price is and you won’t be taken advantage of.
Second, don’t be afraid to walk away. If the dealer won’t budge, don’t be afraid to walk away. You can always come back later or try another dealer.
Third, don’t forget about incentives. Many dealers offer incentives like cash back or 0% financing. These incentives can help you get the car you want for even less than invoice price.
Ready to Buy a Car Below Invoice Price in 2023?
Now that you know how to buy a car below invoice price in 2023, you’re ready to start your car-buying journey. Don’t be afraid to negotiate and don’t forget to take advantage of incentives.
And remember, don’t let the dealer take you for a ride. Get your car for below invoice price and save some money. It’s like singing the song “Money, Money, Money” by ABBA “Money, money, money, must be funny in the rich man’s world”.
Good luck and happy car-buying!