Hi ozbargainers!
I have achieved a new milestone in my life and decided to treat myself and my family to a new car.
This is my second brand new car, my first one was during the financial crisis so rules don't apply now.
I have already decided on the car, test-driven it and am in the final stage of negotiating the price (please do not suggest used or alternative cars).
Dealer's initial price is 140k, my question is how much does a dealership usually margin their prices to allow for discounts? How much discount should I ask for/expect?
Details:
Car : Merc GLS 350d
State : QLD
Price: 95k
Options (heated seats, TV etc): 9k
Dealer delivery : 4k (max on Merc website is 2,700)
Rego: 900
GST : 11,000
LCT: 16,000
Stamp : 4,500
As a comparison Audi Q7 with similar specs quoted us 130k discounted to 119k.
I want to ask/get it for 125k, is that a reasonable ask, how much should I negotiate for. Any thoughts/facts would be appreciated.
Ask any more details if it is not there.
EDIT: Closed a deal at $125,800 drive away from a dealer 2 hrs away.
Ended up calling 5 dealerships. Prices ranged from $138-142K. Which makes it a discount of 9%-11.5%.
Not sure just consider ~$30k of that is tax and not going to change; so it's really $110k you are negotiating on.