My car was totaled 2 days ago and I only have a few days left to buy a new vehicle before my rental car coverage runs out.
I've been doing as much research as humanly possible and have shortlisted the CX-5 GT AWD 2017 or 2019 (CPO) or a new 2020 or 2021. I would prefer for 30k mi or less for a CPO.
I am about to do the "email every dealer on the planet" process to ask for OTD pricing to try and get the best deal but I'm not sure the best way to approach the dealers and what my target price point should reasonably be for each of the above models.
Can anyone please tell me the following:
1. Should I email each dealer and ask what the best price they can do "all in" or OTD for each of the models I am looking for and only let them know my budget after their response? Or should I reach out to each dealer and tell them what I'm able to spend and ask if they have anything that can match this? What is the best way to go about this process?
2. For the 2017, 2020 or 2021, what are good prices I should accept or ask for?
3. If I go CPO, should I be asking the dealer about a specific manufacturer warranty or something similar?
4. Are the models I am looking for the best choices for CX5's? If anyone recommend a different year I am more than open to this as well.
I don't know if this helps in the overall calculus but I am located in NY and also have a pre-approval letter from my bank with 2.48% for a used vehicle and slightly lower percentage for a new one. I am therefore in a position where I do not have to finance this purchase with the dealer.
I could probably find out these answers on my own if I had a little more time but having my car totaled was obviously not planned and has left me in a tight spot time-wise to get a new car. THANK YOU in advance to anyone that reads this and is able to provide any helpful guidance or suggestions.
I've been doing as much research as humanly possible and have shortlisted the CX-5 GT AWD 2017 or 2019 (CPO) or a new 2020 or 2021. I would prefer for 30k mi or less for a CPO.
I am about to do the "email every dealer on the planet" process to ask for OTD pricing to try and get the best deal but I'm not sure the best way to approach the dealers and what my target price point should reasonably be for each of the above models.
Can anyone please tell me the following:
1. Should I email each dealer and ask what the best price they can do "all in" or OTD for each of the models I am looking for and only let them know my budget after their response? Or should I reach out to each dealer and tell them what I'm able to spend and ask if they have anything that can match this? What is the best way to go about this process?
2. For the 2017, 2020 or 2021, what are good prices I should accept or ask for?
3. If I go CPO, should I be asking the dealer about a specific manufacturer warranty or something similar?
4. Are the models I am looking for the best choices for CX5's? If anyone recommend a different year I am more than open to this as well.
I don't know if this helps in the overall calculus but I am located in NY and also have a pre-approval letter from my bank with 2.48% for a used vehicle and slightly lower percentage for a new one. I am therefore in a position where I do not have to finance this purchase with the dealer.
I could probably find out these answers on my own if I had a little more time but having my car totaled was obviously not planned and has left me in a tight spot time-wise to get a new car. THANK YOU in advance to anyone that reads this and is able to provide any helpful guidance or suggestions.
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