5.0 out of 5 stars
A primary resource in negotiating the price of a new car, March 14, 2007
This review is from: 2001 Cars (Consumer Guide : Cars, 2001) (Paperback)
I have been using the Consumer Digest guide for new cars in negotiating with the dealer for every new car I've purchased over the past 15 years. I'm convinced it has helped me save hundreds of dollars on each car I've bought.
The Consumer Digest guide includes important information that you won't find in the Consumer Reports or Edmunds guides. First, it includes the REAL dealer invoice price, as well as the MSRP, for the car and for each individual option. (The "real" invoice is lower than the so-called invoice price that the dealer will show you, since the dealer's invoice does not subtract the hold-backs). That information is a key tool that I've repeatedly used successfully in negotiations. Also, Consumer Digest more systematically and comprehensively lists the specs and features included in all of the various trim lines of each make and model (e.g., in the 'DX', 'LX', and 'EX' lines of the Accord model), and the options that can be added to each, facilitating the buyer's comparison of the various makes and models before having to visit a lot of showrooms. This saves much time and gives the buyer a better-informed and stronger negotiating position.
Unfortunately, I cannot find the Consumer Digest new car guide for 2006 (or 2007). If Consumer Digest has stopped publishing this valuable book, that is really sad. I wonder if manufacturers are no longer cooperating in providing car specs and invoice data because too many dealers have complained about buyers using this book during negotiations.
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