I don't know if this is the best way, but I was comfortable doing the following as got a great deal. My goal was to pay only marginally more than invoice price. MRSP's are typically about 10% over invoice, and of course, dealers get vehicles below invoice.
Basically, I found the invoice price online (in Canada, from
http://www.carcostcanada.com), in the US, I believe there are many sites available. I then wrote up a little spreadsheet (geeky I know ) and listed the base price, plus all the options (at invoice price), in the next column I showed the MRSP of all the options, tallied everything (and subtracted any manufacturer discounts)
- this step shows you know what they are presumably paying for these options.- then, I marked everything up about 2-3% over invoice, and calculated the profit they would make ($1000-$2000).- I emailed and faxed this sheet to several dealers, and told them that negotiations would be quick and I'd be willing to buy right away from anyone offer that price.- of course they didn't send any paper my way, but from verbal agreements, I took the lowest price to competitors to see what else they could do.
I got about $2800 off MRSP.
You've got the money and power, and you can spend it on whomever gives you the best deal. Its worth the extra bit of effort.
Good luck!Sampson