Find Out What People Paid For Their Cars
OpenCarPrice.com is a site dedicated to bringing you previously secret information, the actual price people are paying for their cars. Just select the make and model and the site spits out the info. The database gets filled by reader-submitted reports. There's no guarantee that everything is 100% accurate, but it can at least give you a better picture of what you you can reasonably expect to pay...and negotiate for. Another site that does this RealCarTips.
OpenCarPrice [Official Site]
RealCarTips [Official Site]
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Comments:
@GiselleBeardchen: I think you're right - that exact thing will happen once this site becomes known.
@GiselleBeardchen: What exactly are they going to do? People will look at the lowest price that others have haggled down to. So if salespeople add fake sales where people saved almost nothing, people will either ignore that data, or avoid that dealership altogether. If they add fake sales where people saved a ton, it will just lead to people coming in making unreasonable demands, since they believe someone else got it cheaper. About the only thing they could do is up the dealer's satisfaction rating.
@GiselleBeardchen: I could see just as many (if not more) bored (and poor) college kids driving down the prices of cars they want/like.
It is good to have a central resource, but before I bought my Mazda, I poked around on a couple of Mazda message boards, and found a thread with a few hundred listings of what people paid. This site is easy if you don't want a lot of fuss, but if you want a really good collection of prices, almost every major brand has independent message boards associated with it that people post what they paid and what model they purchased.
@Scuba Steve:
Certified used is the only way to go. Extended warranty backed by the dealership, and someone else takes the big first depreciation hit.
As an economist, I have to say that I'm dubious. Selection bias is going to mess this all up. Generally the people who post there will be the kind of people likely to negotiate aggressively and want to brag about the low price they got.
That's useful info for people who are going to be negotiating, but doesn't tell us what the average actual price paid is.
Take these with a grain of salt, and don't expect to get these prices just by asking for them.
Hi Giselle, This is Gregg, founder of RealCarTips.com. I was afraid of the same thing when I started the site. I figured car dealers would go in and put fake data. There are a couple of things I'm doing to prevent this. One is that I collect the IP address when someone submits a price. If they try to submit more than 1 price, I get alerted.
So if a dealer tries to do that, they will only get away with 1 submission. I also follow up via email whenever someone submits a top ranking price.
All in all, like one reader commented: you gotta take all of this with a grain of salt. There are price submissions where people have taken time to write out detailed comments on how they got their deal. Those are the best ones to consider when figuring out what you should be paying.











[www.realcartips.com]
also does this, a bit cleaner site too IMHO