Edmunds.com Integrates Vehicle Data with New Online Dealer Pricing Tool
24.05.12
SANTA MONICA, Calif., May 17, 2012 (BUSINESS WIRE) --
Hundreds of car dealerships will now have an easier way to research,
market and accurately price their vehicles, thanks to a new data-sharing
agreement between inventory marketing and management leader Nexteppe and
Edmunds.com, the premier online resource for automotive information.
The agreement makes Edmunds.com's data available through Nexteppe's
inControl Pro, a system used by dealers to compare their new and
pre-owned vehicle prices with other dealers in the market. The tool also
allows consumers to appraise their trade-in vehicles by giving them
direct access to Edmunds.com's True Market Value(R) (TMV(R)) pricing through
participating dealership websites.
By integrating Edmunds.com data, Nexteppe instantly boosts its product's
value to participating dealers. A recent internal analysis found that
"deeply engaged" car shoppers use Edmunds.com more than any other 3rd
party automotive site. The analysis also found that 90 percent of
visitors who submit a lead through Edmunds.com purchase a vehicle within
70 days.
Airport Car Hire Announce the Most Recommendable Approach to Booking Car Hire
24.05.12
When comparing prices for car hire, it is always advisable that customers look further than simply the base rate. To get an accurate idea of how much the end cost is likely to be, it is always worth considering all fees and taxes involved, making further enquiries into these if necessary. At Airport Car Hire, the team offer a comparison service that prides itself in having no hidden costs, but the team are keen to stress the importance of looking into each deal fully before signing.
UK consumers are one of the biggest targets for soaring credit card fees. The government is expected to ban “excessive” card fees from the end of 2012, but for anyone planning on travelling this summer, it is worth noting how much extra money these costs can amount to. Airport Car Hire offers a comparison service that charges no credit card fees, but the team recommend that people are aware of these, sometimes now referred to as “administration fees”.
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How much do cars cost at dealer auctions?
Mar 31, 2010 by Avacodo | Posted in Buying & Selling
How much cheaper are they compared to auctions open to the public?
How much below retail value are they?
What would be an average price for a 90's model car like a honda or nissan?
Cars tend to bring "wholesale" at auctions. You pay RETAIL on the street.
On low end cars like you are talking about they often make at least $800 and up to $1200-1500 profit per car.
But sometimes the dealers will repair some things.
Car dealers, like any other business make profit.
It costs $2.50 to make a pizza that people pay $10-15 for.
From that perspective, cars are cheap.
| Apr 01, 2010
they may be cheaper but remember if you buy it you own it/trans falls out 1 block out of parking lot its still yours/no average on honda nissan/depends on condition
ken k | Mar 31, 2010
What price should I expect if I can buy a car at "dealers invoice"?
Sep 30, 2009 by michellek32 | Posted in Buying & Selling
I am looking at a Jetta or Jetta TDI. I am wondering how much less a car purchased at "dealers invoice" will cost compared to the sticker.
ballpark ... 2000 - 3000 bucks off sticker at most
daniel | Sep 30, 2009
Edmunds.com lists "invoice" pricing.
Base price on a 2009 Jetta TDI is $22,270 and the invoice price is $21,004. A difference of $1266.
mccoyblues | Sep 30, 2009
Are motorcycle prices high compared to cars? Is the dealer markup the same for cars & m/cs?
Nov 30, 2007 by stuttgart | Posted in Motorcycles
Motorcycles may cost more than 50% of the cost of a small car. A m/c may weigh 200 kg; a small car may give you 800 kg of stuff.
Some cars are produced in larger volumes than m/cs but many m/cs or scooters have production runs of more than 20,000.
Think of all the stuff you don't get in a m/c; 6 airbags, 5 seatbelts, 5 seats, headrests, backrests, windows, doors, roof, windscreen, wipers, washers, bodywork, power steering, air con., differential, carpets, less paint, smaller motor, boot, ABS, BAS, ESC, bumpers, etc.
Are you being ripped off?
It's a "what the market will bear" profitability model. People still buy motorcycles. Dealers carry the ones that people will buy.
Also -- auto makers rip into you for maintenance at dealerships.
emucompboy | Dec 02, 2007
An economics guru would be better able to answer than I am, but I can offer a couple of points.
Cars are produced in such high numbers that it's probably comparatively cheaper per unit to turn out the product than it is for a motorcycle. And also when you're bringing in profits from hundreds of thousands of vehicles as opposed to maybe thousands or tens of thousands, I guess you can afford to lower the profit margin some because you make it up in volume.
Also, for some motorcycles, it's all about brand association. I doubt very seriously that it costs much more to make a Harley than it does to make a comparably equipped Japanese cruiser, but you pay much more for the Harley.
jobel | Nov 30, 2007
motorcycles are cheap compared to small airplanes, why is that? are the people that buy planes being ripped off?
lets put all the airplane manufacturers out of busness first before we start on motorcycle manufacturers.
after all millions buy bikes very few buy planes.
crash | Nov 30, 2007
Are you jocking me there's a Ducati that can go faster than a lamborghini gallardo and it only cost like $13,000, motorcycles have always been low priced ($15000 and less) and always will be!
Ian G | Nov 30, 2007
The point of (some) motorcycles is that they are lighter, until recent environmental requirements, every year produced a lighter model with more horsepower, the use of exotic materials and technologies, engines that can rev way beyond car engines and are far more efficient, engineering the smallest amounts of weight out of every component – that is where the money goes, towards engineering excellence.
Tim D | Dec 01, 2007
you are absolutely correct ........ it is a rip off .......... but I can not build my own scoot ....... so I got the cheapest one I could find .... a Sportster .....
Son of Troll | Dec 01, 2007
Buying an NY used car and registering in NJ?
Jun 04, 2007 by khands_r | Posted in Buying & Selling
I plan to buy a used car from a dealer in NY (the last owner had an NY registration) and register it in NJ. What are the formalities? Do I pay more money in this process as compared to buying a car within NJ itself and how much? Does the inspection in one state holds good in other state? If not, how does does it cost for inspection (in NJ)?
Get the temp tags from the dealer in NY so you can drive it until you get the title from NY. Once you get the title go to the MVC in NJ and transfer the title and register it. The cost of that is dependent on the vehicle you are registering. Figure between 50 and 100 bucks for registration. 10 to 20 to transfer it. Plus 7% sales tax on the purchase price of the vehicle. If you pay the sales tax in NY make sure you get a receipt for it or you will pay twice.
Inspection is free in NJ at state stations. See link below.
greenvetter | Jun 04, 2007
Purchasing BMW at Dealer?
Oct 06, 2008 by Mike- | Posted in Buying & Selling
I found a 07 BMW 335i coupe for almost $40k at a lexus dealership. I went in and took a look at the car it was very clean. I spoke w/the finance manager and got the car down to 36k. Then I went home and talked to the sales manager in a few days and got the car down to 35K. The car is pretty much fully loaded w/ nav, premium, sports package. I checked with edmunds TMV shows the car is valued at $38,000 w/trade in value with all the options. I dont think i can bring it lower than that. I have perfect credit w/the 760 and getting a credit union loan up to $25,000-with a 4.99% theyre not giving me any higher than that. Hes sending me the price of 35k+ 8.25% tax which is $2892+ dealer lic fee+ $344+ reg fee $8 comes out to $38299 out the door. But this morning I check the wbsite and saw they lowered the advertised price down to $37,700. This is the best price I found so far. I also noticed cars like this does not sell alot in this market right now. Can I talk down ever lower or should I take the deal. Does the out door price sound consistent and fair? compared to dealer fees? Please let me know im trying to find how much dealer costs comes out with the out the door price. Thanks in advance
The price of the car is not bad and in a few years when the market turns up you might be able to sell it for the same price if you would want to. The 344 dealer fee could be worked on that is high. We are $55 so you can see the difference there, all that fee is for is handling the DMV and other small paper work. The main thing is if you are happy with the car get it. The dealer will most likely not come down lower than that, but try 38k OTD and see what they say, that will at least fill the tank a few times.
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Which?It said the advice service, Consumer Direct, took 38138 complaints about used vehicles bought from dealers. An earlier OFT study found that many car buyers Consumers need to know their rights before buying second hand carRise in used car 'complaints'Buying a used car - know your consumer rights -all 76 news articles »
