Advice on buying a used hyundai car
Hello, I am in the market for a used car, specifically, the 2018 Elantra GT GL – the base model. Due to the recent release of this model, most used cars of this model have less than 40,000 KM.
I have visited autotrader, kijiji, and Hyundai’s pre-owned website to compile a spreadsheet of advertised costs and their associated kilometres. I plan to use this spreadsheet as a guide for negotiating the price. For example, if my spreadsheets reveals that the specific model goes for around $18,500 at 40,000 kilometres, I will make an OTR offer to the salesman in the amount of $21,000. This $21,000 figure only takes into account the 13% sales tax. I plan to pay in cash. I wont be doing any trading in either. I intend to purchase the used car at a Hyundai dealership in southern ontario.
So my first question is:
1. How much should I raise my offer to factor in the DOC fee, or if the car has gone through the “pre-certified” process? Am I missing any other fees? I want to come in with a reasonable final after-tax offer and I am currently not sure if a reasonable offer is just the average advertised price + 13% sales tax.
2. Is this a good strat and do you have any tips you can share with me?
I have visited autotrader, kijiji, and Hyundai’s pre-owned website to compile a spreadsheet of advertised costs and their associated kilometres. I plan to use this spreadsheet as a guide for negotiating the price. For example, if my spreadsheets reveals that the specific model goes for around $18,500 at 40,000 kilometres, I will make an OTR offer to the salesman in the amount of $21,000. This $21,000 figure only takes into account the 13% sales tax. I plan to pay in cash. I wont be doing any trading in either. I intend to purchase the used car at a Hyundai dealership in southern ontario.
So my first question is:
1. How much should I raise my offer to factor in the DOC fee, or if the car has gone through the “pre-certified” process? Am I missing any other fees? I want to come in with a reasonable final after-tax offer and I am currently not sure if a reasonable offer is just the average advertised price + 13% sales tax.
2. Is this a good strat and do you have any tips you can share with me?