My own car, the “Red Baron”, has been getting up in age – 10 years to be exact! So I’ve started the process of looking for replacement vehicles. There’s such a vast amount of information out there, you could spend hours filtering through sites. From everything I’ve seen so far, two in particular stand out.
Provides detailed trending information in a variety of formats. The basic report is a histogram of actual sales data for your area. The best feature has to be the seeing the price swings between the: sticker price, factory invoice, average paid, and dealer cost.
Understanding the true costs of a car purchase are critical to negotiating the best possible price. Referred to as the “Cash Flow Shell Game” (scroll to bottom of page), the site provides a graphic worth checking out explaining how dealer’s make their profits.