Just reminds me of what I did in 2018. I had figured most of these by accompanying my friends’ car purchases and once falling victim to these gimmicks when I bought my first car in the US. But not the next time… It was a 2018 Black Friday; there were offers everywhere for New Cars. I sat in front of my system at 5AM since most of the dealers were open from 4AM on the day. There was a text message option in every dealer's site in Richmond, Virginia area, just started texting about the 2018 Toyota RAV4 “OTD” price. Trust me, they will cut the chase and come to the point. They will give you the number without explaining what is what. Saves a lot of time and energy for both parties. Don’t waste energy by negotiating. Once you have the OTD, skip the dealer and text the next one. If the price is higher, share the screenshot of the previous best price, he will for sure beat the price to get the business. Once you have the best price, again don’t negotiate further; move to the next dealer. Repeat the same. Trust me; it saves a lot of energy and time. Also, you realize how much margin these dealers keep on the price. Once you arrived at the best price in the town, without sharing the screenshot, say you have an offer cheaper than this say $500-$1000 lesser. At this point, you will know they can’t go down further. Don’t stop here do the same with other dealers who matched the best price. Just to confirm. If nobody is able to go down further, you know you’ve hit the rock bottom of the price. Now, hold on to the price, you start your negotiation on free all-weather mats, rails, trunk organize, and all. Trust me they will throw those in for the heck of closing the business because they have already spent enough time with you and it was their target day too. Once all agreed, you close your laptop and go out for the real car shopping. When I got my RAV4, the dealer was not happy at all, just wanted to do the formalities and get rid of me. LOL. That’s a good sign you’re really getting a killer deal. I got my brand new 2018 Toyota RAV4 LE for $17,300 with a lot of other accessories. The first OTD was $22,000 (which is already a Black Friday Deal price plus the next year Toyota was remodeled one). Here the intention is to reveal how much they can go down further from the already discounted price. When buying a car, one should never mix, identifying the car and closing the deal. These two should be treated as two distinct steps. I would suggest do each of these steps in isolation. Never mix them up. Also never walk into the dealership with an ounce of hope that you can negotiate and get the best deal. We all know who wins who loses. Sometimes, they will make us look like we are the best negotiators in the world and got the best deal, but just to realize later it was the other way 😀
@InvestmentInsightsTamil3 жыл бұрын
Great strategy.👍🏽
@arunprasadm91683 жыл бұрын
Excellent strategy. I am planning to buy a new car in next few months. Will these strategies still work during the chip shortage and demand to buy is higher. I already see that used car prices are almost Same as new car. So worried if they will really negotiate and provide a best price.
@manojkumarganadi17363 жыл бұрын
Stunning strategy!! Love to follow in the coming black Friday sale.
@sathishkumarp78553 жыл бұрын
நான் பார்த்து வியந்த சேனல்களில் இதுவும் ஒன்று. ஒரு கார் (அனைத்து பொருட்களையும்) வாங்குவதில் உள்ள சூட்சுமத்தை இந்த ஒரே காணொளியில் தெரியப்படுத்தியதிற்கு நன்றி ஐயா
@ramkumarrk46373 жыл бұрын
Most under rated chennal
@vigneshwarinatarajan81242 жыл бұрын
Enga sir irukinga? Ivalo details a puttu puttu vaikiringa. The most needed video at the right time. Thank you so much!
@gajapathykrishnasamy10383 жыл бұрын
Your tips was amazing, please publish video for house negotiations in USA
@loneranger47653 жыл бұрын
Sir I did few techniques you mentioned for recent car purchase and that helped a lot. When I purchase my new car 5yrs back lot of things they screwed up by changing my mind. I agree with what you say about do our homework before buying car. Good to know the word “Out the Door” price. Because I asked that dealer manager to provide the final price which I need to pay and i told them to reduce $500 less than what they offer. Initially they confuse me by telling different breakup then finally they said okay for the price I asked. Main hidden price in car buying is Dealer & Handling Fees in USA. Good video 🙏🏻
@josephpradeepraj76383 жыл бұрын
Though it may not be applicable in India, the negotiation idea is very good and I learnt a lot. Thanks for sharing!
@sssmeen2 жыл бұрын
I bought a car year ago. I almost did everything as you said. I opted for their extra package. The price went more around $3000. I wish I could have come a year ago. Very useful information. 😊
@arunprasadm91683 жыл бұрын
Excellent video with tips. Keep Doing the good work for tamil community. These kind of channels badly needed and should become popular.
@Ram-ls7ji3 жыл бұрын
Thanks sir for your highly valuable suggestions to 1st generation car buyer ☺️.
@raajkamals29273 жыл бұрын
Extraordinary suggestion and got a detailed view before buying car . Can you make a similar videos like this for Indians.....?? Expecting your videos regularly.......thanks for educating us financially.......eagerly waiting for your next videos.....I am damn sure that your channel will grow in compound rate of interest because your videos are unique and informative...... Please guide younger generation like me who will be between 20 - 25 age.....thanks a lot
@sancherry59603 жыл бұрын
Excellent sir. Just started watching all your videos and I am addicted to it. You are providing tons of quality info which would take years to experience if not for your videos. Keep going. Your fan from San Diego.
@InvestmentInsightsTamil3 жыл бұрын
Great to hear that.👍🏽
@dhanasekaransubbiah85663 жыл бұрын
all points nailed on my head, forwarded to many of US friends with hammer to nail..
@saravanannakkeeran58743 жыл бұрын
Highly informative. Started following this channel for the past few months and finding it extremely useful. It would be helpful if you do a video on buying used cars as most first timers want to buy used car.
@cbeshyam073 жыл бұрын
That's nice Vijay, I did the same thing. Only difference is I had no credit history, but I had taken a pre-approved loan from DCU only after that I had engaged the dealership. Unfortunately they feel Indians haggle a lot so the perception was shown to me as well. The model(VIN) they gave me on the email was no more in their inventory so the sales guy was not able to offer at that price. I stood on that price, I said I had no preference on the color, he went in and came back multiple times said if you are ready to buy in next 3 days I will offer you the same price. I accepted it.
@InvestmentInsightsTamil3 жыл бұрын
Good that you stood your ground.👍🏽
@saravanankg2 жыл бұрын
Excellent tips. I always prefer to deal with the internet department. Less hassle. Also, it helps to take an experienced friend who knows these tactics and help one maintain their balance.
@Madurai2USA3 жыл бұрын
Excellent tips. Kudos for your genuine advise. From New Jersey
@MrArunraja083 жыл бұрын
That's awesome. I m new to US. It was really helpful, the dealership is a pain in the ass.
@baranidharanramar51352 жыл бұрын
Good content and Well explained, recently came across this channel and like it very much. Made the mistake of going with Family buying RAV4 in 2018 and they pushed a maintenance package which added 1200$ more. Nice tips and will be using it in my next car purchase....Thanks Vijay
@satishnagineni99373 жыл бұрын
Valuable information & Tips. Time well spent, worth following your channel. Keep your ideas flowing and US specific information too...thanks a ton.
@sarav273 жыл бұрын
Excellent Vijay! Great guidance and advice
@bala5123 жыл бұрын
I have started watching your videos since yesterday. All videos are useful. I think i will complete all your videos with in this weekend . Your contents are crisp and clear. Many Thanks from Texas!
@InvestmentInsightsTamil3 жыл бұрын
Glad to hear that.
@sumathivenkateswaran5373 жыл бұрын
Great....clear explanation....thx for sharing useful info.
@thirukumaransubramani37962 жыл бұрын
Definitely your a master mind, i would like to know about your past. Please try making a video - how did you come to US and much more.. We would love to here. Thanks ! Your Fan from Philly!
@RajKumar-wh9cw3 жыл бұрын
All smart points nicely put together and well presented- Simple and neat !! Thankyou Vijay - Keep up your good work :) appreciated. All lame things will be filtered out if one did what you said.
@InvestmentInsightsTamil3 жыл бұрын
Thank You!
@yuvarajchandrasekar16313 ай бұрын
Is buying Mazda car a good option? It's becoming popular.
@pradeepram18133 жыл бұрын
Sir, you are doing a good job. SSY scheme is a good one in India?
@12345meonly2 жыл бұрын
Mr. Vijay, could you make a video on the second-hand car purchase?
@calvinhobbs24572 жыл бұрын
Can you please make a video between buying and leasing options
@Sathishkumar-rl7gj2 жыл бұрын
Great, but for todays situation dealers are selling more than the msrket price smd wait time for car is average month. The cheap deal we can get is if they sell the car for online price only, its a cheap.
@InvestmentInsightsTamil2 жыл бұрын
Yeah, crazy times.
@dragh19993 жыл бұрын
Best car purchasing video I have ever seen !
@rjaisank2 жыл бұрын
Great video! It explains a lot of things that no one ever shares! It would be good if you could share your thoughts on buying American cars like GM, Ford as well. Buying vs leasing a car is another interesting topic.
@InvestmentInsightsTamil2 жыл бұрын
Personally, I am not a fan of American cars - except for Tesla. Leasing - rarely comes out ahead of buying.
@ndvk24603 жыл бұрын
Superb 👍🏻 sir... nice to hear US car situation. sorry for watch delay due to year end holiday.
@dyaneshods3 жыл бұрын
Honda car service ku oru vedio pannunga sir
@Saravanakumar-rn8fw2 жыл бұрын
great info.. thanks.. could you do a video for buying VS leasing car in US
@InvestmentInsightsTamil2 жыл бұрын
Financially speaking, buying is always better than leasing. Rarely, there could be good deals on leasing - especially on luxury cars. But in general, better to avoid leasing.
@karthikchandrasekar74622 жыл бұрын
Mr Vijay, What are your thoughts on leasing, I thought you might cover that in this video.
@InvestmentInsightsTamil2 жыл бұрын
Leasing rarely comes out as a better option. I would avoid it.
@KK-wu7og3 жыл бұрын
You have got amazing investment strategies. Need to learn from you a lot.
@govindharajann.g18532 жыл бұрын
Hi Sir, Thanks for this video. Could you please suggest me, which is better to go with new car or the second hand as per the current situation?
@InvestmentInsightsTamil2 жыл бұрын
Used car prices have started coming down. It is still not back to normal though. If you find a better deal with a new one, go for it.
@josephchrisadrianregis85932 жыл бұрын
Sir, appidiye buying new house also any tips?
@rameshkrishnasamy96713 жыл бұрын
Thanks for the video. detailed info
@designer4unow12 жыл бұрын
Fantastic content sir..
@premananth20022 жыл бұрын
What about Sam's club or Costco Auto programs?
@hrprathap10723 жыл бұрын
Nalla Explain pandringa sir. ❤️
@sureshr53283 жыл бұрын
Mass .... ❤️ Lovely like
@sivanatarajan48743 жыл бұрын
Excellent information... Very true...
@krishnakumar.s7193 Жыл бұрын
is buying a tesla car asset or liability. I'm from california where gas price is higher than national average. considering cost of electric charging Vs gasoline , low price of tesla due to high fed interest rates , rebates offered by california state on purchasing EV. What is your take on this ?
@InvestmentInsightsTamil Жыл бұрын
Buying a car for personal use is always a liability, never an asset. But if you are in the market for a car, sure you can consider a Tesla.
@DineshKumar-ow8ox3 жыл бұрын
Thank you it’s really helpful.
@loneranger47653 жыл бұрын
@Investment Insights - Any advice in buying used cars Negotiations
@InvestmentInsightsTamil3 жыл бұрын
Not really. There is just one goal with used cars. Buying it for a price less than KBB value. Given the shortage in auto industry now, not really a good time for negotiation.
@loneranger47653 жыл бұрын
@@InvestmentInsightsTamil Got it. I saw few models listed the price lower than KBB with Avg. Miles between 10- 15k. But not sure they will provide OTD price.
@truthwillsetyoufree54632 жыл бұрын
Thanks for the advice
@sleelakrishnan3 жыл бұрын
மிக்க நன்றி அய்யா 🙏🙏🙏
@shafeeqahmed63583 жыл бұрын
Super sir 🙏
@aadithsriram68073 жыл бұрын
Nice explanation
@VNKVJ773 жыл бұрын
I have leased a Chevy Bolt EV and the 36 month lease is ending coming Feb. Any suggestions on leasing vs buying EVs? Understand leasing is very popular but I will never be able to get over the monthly payments plus I will never own it.
@InvestmentInsightsTamil3 жыл бұрын
I would not recommend leasing. In the long run it will be too expensive.
@rgsivacts3 жыл бұрын
Anna - I am living in Oregon where there is no sales tax. Is it good to buy the car here rather than in other states? Pls advice.
@InvestmentInsightsTamil3 жыл бұрын
Yes, definitely. Total out the door price will be cheaper.
@charlesdinnisgeorge37063 жыл бұрын
Well explained 👍
@vasudevansivalingam84943 жыл бұрын
Good info 👍
@lokeshr51763 жыл бұрын
Inga ela mail anupuna oru reply yeh vara madiri
@usilaikirusthavan28693 жыл бұрын
இங்கேயும் பயன் தரும்
@FABULOUS_ABU3 жыл бұрын
Wow bro super
@vaishnavin3447 Жыл бұрын
Best video
@ramachandranp16623 жыл бұрын
சார் மிக்க நன்றி
@Praveenkumar_Ravi3 жыл бұрын
Thank you, Sir
@karthiknehal84993 жыл бұрын
Super Sir
@pechiganesh5973 жыл бұрын
Nice
@SafathN3 жыл бұрын
First unga name, sinna introduction solli aarambikkalaamey !