The Invaluable Service That Will Give You the True
Dealer’s Cost
From: Jeff Radich
This
little-known, but invaluable service will tell you the true invoice price for
any RV, new or used. I stumbled upon it practically by accident.
When I purchased
my RV, I was determined to find the true dealer’s cost. I spent several hours
doing research on the Internet; to my surprise, I found three services that
offered to provide the dealer invoicing cost of a new RV. This was amazing to
me because neither NADA nor Kelley Blue Book offered prices on the current year
models.
I was a little
bit skeptical that they could really give me the true values, and I was curious
to see how similar they would be, so I bought all three services just to
compare their numbers. I figured that if they were close, this might be a
legitimate service I could take advantage of, but if the numbers had a wide
gap, then maybe it wasn’t true.
I was surprised
to see that the figures from all three services were very close – within a
couple hundred dollars of each other. This showed me that there was something
to the service, and it made me confident that through them it was possible for
me to uncover the actual dealer cost for the RV I wanted.
Basically, the
services work like this. You provide them with the make and the model of the RV
you want to price, along with the MSRP if it is a new model, and they provide
the dealer cost. Although the numbers were close, there were some very
substantial differences between what the three services provided. Two of them
sent me a one-page document that outlined the dealer invoice cost.
However, one
service, RVGuru.com, was very different,
even though the cost was no higher. The owner of RVGuru.com, David Grasunis,
called me back on the phone and gave me a comprehensive RV deal evaluation,
which told me the zero–profit, bottom-line cost for the dealer. Surprisingly,
his service is very inexpensive.
I have spent
several hours picking David’s brain since then; I have learned about the RV
industry from the inside out because David sold RVs at a dealership for 17
years. His service is invaluable, and I urge anyone who is going to spend
thousands of dollars on an RV to spend just a few more dollars to find out the
true value of that RV.
This service will
pay for itself many times over. It gives you a starting point for where to
begin your negotiations. It gave me a tremendous amount of confidence to know
what the starting point was for my RV. From there, I was able to decide how
much I was willing to pay.
Armed with the
true dealer’s cost, which is probably much less than they have been claiming,
you can now determine how much to offer the dealer for the RV of your dreams.
Always negotiate
from the dealer cost upward, not from the MSRP downward. One rule of thumb is
to offer 4-6% over cost. That's 6% over the dealer's cost. Even at that low
price, if the dealer knows you are savvy and that you won’t be persuaded, he is
very likely to take the deal.
Make your offer,
and stick to it. If they make a counteroffer for a higher price (and they
probably will), don't budge. Tell them that's the deal, take it or take it, and
be ready to walk away. Keep in mind that you might have to walk away in order
to get the deal you want.
Jeff Radich is a
professional research writer and active RV enthusiast. |