How to Haggle for a Used Car, an undercover demonstration by Broadcaster Elisabeth Leamy

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Published 2013-12-13
We go undercover in 2010 to show some key steps to successfully negotiating a car purchase. (NOTE the vehicle we were buying was just a couple years old at the time...)

All Comments (21)
  • After you defeat the manager’s manager, it loops back around to him getting the janitor to haggle with you.
  • @Candisias
    homegirl said, "that's not my problem." I DIED!
  • @Rowgue51
    Having personal experience helping a friend of mine run a small dealership for ten years, I can say the last tip they gave is the most important one. Do not be influenced by a salesman telling you how little of a margin they have on a car or how much they are into the car for. It is not your concern if they bought the car for a bad price or it had issues they didn't anticipate when they bought it that required them to dump money into repairs that cause them to need to sell it for above market value in order to make a profit. Do your research and know what the car is actually worth and absolutely do not agree to any price that is over market value. Whether they make a profit or not is irrelevant to you. If they can't sell it for a reasonable price then you walk away and let them sit on it.
  • @scottyee707
    Yeah I tried that leave the dealership technique and when I went back to next day the car was gone…
  • @philg8633
    The whole time the dealership wanted to sell it for $21,500 and they marked it up to make you think you got a deal
  • I think everyone should do a stint in sales. The skills you learn are truely invaluable to the everyday! Everyone sells something atleast once a day, be it an idea, themselves, or objects. Selling is just getting what you want, learning how to do that without looking like a complete arse is a true art.
  • @jpete3027666
    My wife makes car shopping a breeze. She is an excellent negotiator. I suck at it. I went to see a used LS 460 and I loved the car. Is she wasn't there I would have paid asking price with no problem. She got them to knock almost 20% off. It was a large dealer. We went on a Sunday afternoon, they hadn't sold any cars that day and they had the car on their lot for over a month. We actually left when they didn't accept our offer in person. My wife said don't worry they will call. Sure enough the saleswoman called an hour later and they accepted our offer.
  • @KayGee_yt
    Me: I want to buy this car Dealer: okay it's 25000 Me: can we do 24000? Dealer: no. Me: okay
  • This video is from 7 years ago and it definitely shows. The way used cars are priced now is completely different at most dealerships so don't expect these "professional" tips of negotiating to work very well today.
  • @JericGambon
    “We’ll lose money” “That’s not my problem!” Was the same response I said when I was haggling for a used Tesla Model S 😆
  • what they failed to mention was how much the dealer charged them for title fees and doc prep after the final haggled price
  • @LoowheezeBreeze
    Here's what I did for my mom when she was purchasing a used vehicle... We went to 2 dealerships that had the same model she was looking for. We then went into the dealership selling the one she preferred and told the salesman to give us his absolutel lowest price because we were then going to head over to the other dealer and ask them for their lowest price... with the lowest price getting our business After giving us his "lowest price", we thanked him and headed for the door... where he then asked what it would take to prevent us from leaving... I made a counter offer... which he begrudgingly accepted
  • Thank you, Melanie. Perfectly and succinctly put. Blessings 🙏☮️💜
  • this video was made in a very respectable gentlemanly way. You people have class.
  • @in2food
    I taught each of my kids how to buy cars by taking each one with me when I bought a car. The getting up when they go talk to their manager was one of my key teaching points.
  • @ALT-HEX
    How to detect an undercover reporter >> Blonde lady in office wear with a cap and glasses.
  • @wtfx5757
    Watching this during pandemic….no stale cars to be found lol
  • @Chavez5.56Nato
    Dang I'm looking forward to my next truck purchase thank y'all very much this really helped