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What is "Invoice" Price? (Page 4)
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ProwlerOnline, Plymouth/Chrysler Prowler Discussion Forum
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What is "Invoice" Price? (Page 4)
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| This topic is 4 pages long: 1 2 3 4 This topic was originally posted in this forum: Tires, Rims Discusssion |
| Author | Topic: What is "Invoice" Price? |
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Chromer Prowler Junkie Posts: 2723 |
posted 01-11-2006 04:07 AM
The wife has 90% landed on a red Heritage Edition 300C that begins production February 6th, 2006. Supposedly the production run will be 5,000 units (not sure if it's this year or total?). The sales lady said we can order one now for March delivery for $500 over "Invoice". What is invoice? How much below MSRP is invoice usually? Does this sound like a "resonable" deal? Thanks |
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Kruisin Kat Prowler Junkie Posts: 578 |
posted 01-11-2006 06:23 AM
Chromer, If you haven't looked into CJ's "Friends and Family" deal, it may help you out. I've always wondered how to get the "real figures" too. |
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Dustis unregistered Posts: 578 |
posted 01-11-2006 07:21 AM
Yo Chromer, sweeeeet ride that would be ! My understanding of 'invoice' is the price the dealer |
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-11-2006 07:36 AM
http://www.edmunds.com/new/2006/chrysler/300/100532627/prices.html next,,,,put in the options or package prices. There is no markup for Transportation Charge. Nice pick! |
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Marty Usher Prowler Junkie Posts: 13833 |
posted 01-11-2006 07:41 AM
You can get invoice info at edmunds.com - Here is example of 300 SRT8 http://www.edmunds.com/new/2006/chrysler/300csrt8/100532866/prices.html Remember - dealers get holdback and volume incentives from manufactures also. |
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TooHipCat Prowler Junkie Posts: 4173 |
posted 01-11-2006 08:25 AM
I know the guys on "Car Crazy" the other night just loved the 300C. They were having a great time taking around the race track. Good luck with it! |
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RPL Prowler Junkie Posts: 3448 |
posted 01-11-2006 09:29 AM
Ask the same dealer that you talked to if they will accept a Friends and Family Certificate on the car. If they will, your price will be 1 - 2% below dealer (or factory) invoice plus a $75 admin. fee. Any consumer incentives available on that line of car are also yours. No pain, no strain, ask to see the dealer invoice (you can under this program). There is a figure below all of the line items which reads "PPxxxxx". This is the price that you would pay. Very simple. You need the certificate when you take delivery of the vehicle, not before. Last year was an off year with all of the employee pricing promotions. The year before, we supplied 64 certificates to friends that purchased a vehicle. The offer is still open to all of our POA friends. See CJ's post for details. |
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idive Prowler Junkie Posts: 8483 |
posted 01-11-2006 12:28 PM
Also, with AAA you can get at $200 over dealer invoice. Have made that deal on many cars in the past, and never had to show my card. |
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brianwlong Prowler Junkie Posts: 584 |
posted 01-11-2006 08:44 PM
Chromer, $500 over invoice on this type of car sounds like a hell of a deal. By the time most people find out about this edition will be to late. Invoice on a 300C is a joke. A $40K 300C only has about $2,200 mark up over invoice in it. Then there is about $1,100 in dealer hold back (hidden profit). A $40K GMC or whatever has about $4-7K mark up in them. If anyone needs, I can give you true dealer invoice on any Chrysler, Dodge, or Jeep in the country. I'll even fax you a copy....the real one too!! I can also do 1.5% below invoice on any in stock vehicle and waive the $75 application fee. It's good to have friends in the biz...after all it's not what you know but who you know right?!?! Hope this helps  |
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Punk N Purp Prowler Junkie Posts: 466 |
posted 01-11-2006 09:11 PM
Hi Chromer! I want one of those RED Chrysler Heritage Editions. Very nice! The dull colors of all the other models were turning me off. My local dealers won't deal on 300's, but I will try to see what I can do on this one. My local wanted a premium of $2,00 to $4,00 on most of them. brianwlong, I may contact you about getting one of these. I know you wouldn't have one in stock. I would want only the red one like Chromer likes, and you would have to order it. Shipping it to me might be a drag though. Could I get it dropped shipped to me? |
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Dustis unregistered Posts: 466 |
posted 01-11-2006 09:15 PM
quote: That's a GREAT offer Brian............thanks !! |
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-11-2006 09:22 PM
Brain - we need you to move 'west',,,and go to work for a dealership out here!! Helluva deal you offer! 
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GenoTex Prowler Junkie Posts: 8492 |
posted 01-12-2006 12:49 AM
............I can also do 1.5% below invoice on any in stock vehicle and waive the $75 application fee...........
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brianwlong Prowler Junkie Posts: 584 |
posted 01-12-2006 10:49 AM
Sorry guys I forgot to throw in the disclaimer. No SRT models or 300C's. My brother's the GM and he almost punched me in the eye when I told him. Oh well, wouldn't be the first time. I can do this on any Limited, Touring, or base model 300.  |
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Chromer Prowler Junkie Posts: 2723 |
posted 01-14-2006 09:27 PM
Brian, Here's the agreement that was written up tonight on the Heritage. It looks square to me..how about you? Thanks
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-14-2006 09:55 PM
Chromer - in the small print,,it reads: Area Market Adjustment figure can be added to MSRP,,,plus dealer prep, dealer doc fees, gas, charge for extra set of keys, kleenix in glovebox, clear coat polish, tire shine applied, fee to explain warranty, sales tax, plates, registration, luxury tax, etc, etc, etc.
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Bcoffman Gray Ghost Prowler Junkie Posts: 2418 |
posted 01-15-2006 08:41 AM
. This message has been edited by Bcoffman Gray Ghost on 01-15-2006 at 08:42 AM |
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brianwlong Prowler Junkie Posts: 584 |
posted 01-15-2006 02:12 PM
Chromer I don't see the agreement, but I do see the invoice. Looks like the real thing, and if your paying $500 over the invoice (bottom number right side column) than that's a great deal. We sell a ton of 300's and we were only allocated 4 of these after all we ordered. You see the HB number..that's there holdback. Looks like around $1,100 before any dealer cost to pre-delivery inspect it and clean it. I would sleep extremely well getting this deal and you can give yourself a pat on the back. Like I said earlier...with these special editions you have to order them months ahead of time, and by the time most people realize there available, there gone. Oh yeah...AC forgot to mention the "environmental protection package" fee. |
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-15-2006 04:23 PM
Oh yeah...AC forgot to mention the "environmental protection package" fee. Brian - hope you know I was joking with Chromer,,,,although I did forget to list the "Shop Supplies" fee to the bottom line,,,,,,,,the Service Mgr. fee to wear a clean, white shirt, lol While I have you reading Brian,,,explain what you are saying here: |
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Bcoffman Gray Ghost Prowler Junkie Posts: 2418 |
posted 01-15-2006 05:07 PM
Holdback is a figure that goes into a reserve fund held by the factory. It was originally thought up by the manufacturers as protection from a few crooked dealers. Way back when, the car companies were having trouble with a few dealers every year that would go out of business and leave the car company holding some pretty huge parts bills. Parts where shipped to the dealers as they were needed. The dealer would then be billed at the end of the month. So many times a dealer would go out of business while still owing some money to the factory. The holdback would be held til the end of the year and then paid back to the dealers once a year. That is what the factorys told us when they came up with the holdback idea. Originally, the holdback figure that they used was 1/2 of 1 percent of the dealer invoice. I don't know what it is now. |
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-15-2006 05:23 PM
Coffee - yes,,,I understand that part,,,but Brian wasn't real clear to what he was saying. When I sold for Ford in the early 70's, believe our holdback was 2% of cost. Sales commissions were never paid on the holdback figure, just the gross profit over invoice, +$25 service out fee, plus FNA of $45 [Ford National Advertising]. As I recall, our holdback fees were kicked back to the dealership when the next new model year cars were introduced,,,,,thus providing extra incentives to sell the new, year old models out before the calendar year ended. After we get this all cleared up,,,,we can ask Brian about floor planning an inventory This message has been edited by ALLEY CAT on 01-15-2006 at 05:25 PM |
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brianwlong Prowler Junkie Posts: 584 |
posted 01-16-2006 08:54 AM
I'm not sure when we actually get the holdback (end of the year settle up or monthly), but sales people do not get payed on it. Most dealer prep cost is between $150-300. That is actual cost to pay someone to pre-delivery inspect, install fuses and antennas, and detail for sale. My guess is that true total profit on this deal is around $1,200 including holdback. As we all know... for the most part a good deal is in the customer's head, but making a $1,200 profit on a $40K car that's a special edition on top of it AND the market is bringing $4-7K profit on them....I say well done Chromer, but some people think dealers should lose money on cars and in reality, on most of them we will.....just not a Heritage Edition 300C. So AC are we going to open a car lot in the desert or near a beach? |
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ALLEY CAT Prowler Junkie Posts: 36093 |
posted 01-16-2006 09:03 AM
"So AC are we going to open a car lot in the desert or near a beach?" Brian - thanks for your input. The competition is maxed out here,,,,,dealerships everywhere with more being built. AutoNation bought up most of the old established family dealerships. Good thing for payment buyers,,,or there would be many going broke. The American Way,,,,, |
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brianwlong Prowler Junkie Posts: 584 |
posted 01-16-2006 10:20 AM
I can't say how thankfull I am to be working at a privately owned store. Autonation, Team, United, whatever....it can take up to a month just to change a color in an ad at these places. To much beauracratic glut! In fact we'll probably make a run at purchasing several Team stores this year! Should be a great year |
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