altima_2012 wrote:One word of caution: Don't assume the VPP price is always better than what you can negotiate on your own. For example, the VPP price for a 2013 Altima is $150 below invoice. You can go on TrueCar.com right now and find dealers that are selling the same care for $500 under invoice.
I just wanted to give you guys a heads up because a lot of people make assumptions. Just because you're getting employee pricing doesn't mean it's the best deal.
I agree that one should certainly shop around and compare deals but my experience has been that VPP is always as good, if not better than what a dealer can
typically offer. I say "typical" because some dealers will sell vehicles at a loss for repeat customers or those that will bring in more $$$ through referral business, or if they have a particular vehicle they want to get rid of desperately.
I checked VPP vs TrueCar and Edmunds in the metro Detroit area and my outcome for a 2013 Altima was the opposite of your findings.
2013 Altima 2.5S
Price is with $780 destination.
Metro Detroit area used for comparison example.
$23,280 MSRP
$21,207 VPP C-plan for friends/ext family $20,427 (dealer invoice $20,577 less VPP discount $150)
$20,357 VPP A/B-plan for employees and immediate family $19,577 (dealer invoice $20,577 less VPP discount $1000)
(* A/B plan VPP discount varies from vehicle to vehicle, $750 - $1500 IIRC).
$22,359 Edmunds TrueValue w/ $225 regional adjustment @ metro Detroit (or $22,134 w/o regional adj)
$22,163 TrueCar.com member price or
$22,653 average price @ metro Detroit.
VPP C-plan is~ $1000 less, VPP A/B-plan is ~ $2000 less than the TrueCar/Edmunds in the metro Detroit area.
@altima_2012, I hope that you're not mixing up the numbers because VPP compares with dealer invoice while TrueCar.com compares with MSRP. If TrueCar member price in your zip is actually $500 below DEALER INVOICE, then that is an awesome deal