[msluyter]

They want the car buying process to be so excruciatingly painful so people will leave money on the table to "Just take my money and make the pain go away".

Well, this is why I bought my last car used from Carmax. Sure, you probably spend more than you you might spend if you were willing to go to a dealer and haggle, but I found it to be worth the premium.

[rthomas6]

I don't understand this unless you have absolutely zero tolerance for negotiating a price. Why could I not simply print out a Carmax price of a used car in which I'm interested, then take it to any other used car dealer with a comparable car?

"Can you beat this price?"

"Yes." --> I just beat the Carmax price.

"No." --> I leave with my money (this one won't happen).

[nknighthb]

Car dealers are genetically incapable of giving such a direct answer. You can either deal with their evasive swindling and haggle anyway, or just assume the answer is "no".

[nickpinkston]

If you can't haggle for a better priced car, have fun trying to close real deals / acquisitions...

[toomuchtodo]

I don't haggle. At all. I've sold a startup before for 7 figures. You know how I closed deals with Fortune 500 companies when we were selling our product? "Here's the price. Please feel free to shop elsewhere if you're not interested." Same with selling the shop. "Here's the price (based on our fundamentals). If you don't want to buy it, cool, someone else will. Or it can keep printing us cash."

Haggling is overrated.

[nickpinkston]

Could've been 8... ;-)

[toomuchtodo]

Meh. I only need so much money.

[nknighthb]

Not everyone does such things, and I'm sure among those that do, you'll find many who don't care to waste hours with used car slimesmen to save a few pennies.

[nickpinkston]

It's good practice though!

[mikeash]

Note that it's not "can't", but "don't find it worthwhile". I might pour my heart into a big acquisition while simply walking away at the first sign of hassle when trying to save $500 on a car.

[austenallred]

Just download the Vinny app and know what wholesale price is http://myvinny.com/

[rthomas6]

Wow, this looks great. Too bad I use Android. I'm in the market for a used car so this would be really useful.

[illuminate]

Do they follow the black book value?

[austenallred]

They use the dealership feeds, so they have every transaction of the car, and compare that to other prices of comparable cars in your area, and show you all that data.

[illuminate]

Thanks! Which "dealership feeds"? What they pay for cars at auction?

[recursive]

Is that sarcasm or cognitive dissonance?