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by lotsofpulp 2239 days ago
The only rule I know of is supply and demand. If there’s sufficient demand for a product, the seller has no reason to offer anything off. The proof will be that you won’t be able to find a seller willing to sell it.

Before the corona virus stuff, there were certain car models that you didn’t really negotiate much over, such as TRD 4Runners and Tacomas.

Tesla also doesn’t offer 10% off or haggle if I recall. I’m sure they would if they needed to move product, but I don’t know anyone who got any discounts for a Tesla.

3 comments

I agree with this.

The only good way to negotiate is to find a similar car at another dealer and work back and forth. Without another dealer willing to sell you a car for a better price, you have no leverage.

Adding to this, expand the search radius for a dealer by a couple hundred miles/kms. Check their online inventory to find the vehicle that you want, ideally by looking at the window sticker to compare inventory (website data is generally not reliable).

Many car dealers have APIs that will show the digital window sticker by passing a VIN number -- these are usually embedded on their websites and can be easily found.

Then, negotiate over the phone, reducing prices by 1-2k across each dealer with similar inventory to get a great price, below invoice.

I bought a 4Runner in 2007 for $22,500. The sticker on it said $32,000. Took 2 weeks of negotiation, and high gas prices at the time really helped ($5/gallon).
I would be surprised if someone was able to find one under $40k nowadays (maybe after COVID). You typically have to order them and wait a couple months to get it if you prefer any certain colors or trims.
Tesla does things like offering inflated values for trade-ins rather than outright discounting the new car.