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Can I compel a dealership to honor an advertised price?

Can I compel a dealership to honor an advertised price?

Q: How much can you realistically negotiate off a used car?

The amount you can negotiate off a used car varies based on factors like the vehicle's condition, market demand, and the dealership's pricing strategy. Generally, aiming for 10-20% off the asking price is realistic. Researching similar vehicles in your area can provide a benchmark to help you negotiate effectively.

Q: Are internet used car prices negotiable?

Yes, internet used car prices are often negotiable. While dealerships may list a price online, they typically expect buyers to negotiate. Research the vehicle's market value and be prepared to discuss your findings. This can strengthen your position and help you secure a better deal.

Full question:

A car dealership advertised a specific price on the internet. Can I force them to honor it? They claim it was an error.

Category: Consumer
Date: 04/07/2025
State: New York

Answer:

Generally, advertisements, including those for car prices, are considered invitations to negotiate rather than binding offers. This means that a dealership is not legally obligated to honor a price listed in an advertisement, especially if they claim it was an error. Advertisements are typically preliminary discussions that invite potential buyers to make offers, rather than definitive offers themselves. Since sellers do not have an unlimited supply of goods, they cannot be expected to enter into a contract with everyone who sees their advertisement.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

What not to say to a dealership?

When negotiating with a dealership, avoid making statements that could weaken your position. Don't reveal your maximum budget upfront, as this gives the dealer leverage. Avoid saying you're desperate to buy, as this can lead to less favorable terms. Additionally, refrain from discussing other offers until you're ready to negotiate. Keeping your cards close to your chest can help you secure a better deal.

Does a retailer have to honor an advertised price?

Generally, retailers are not legally required to honor an advertised price if it was a mistake. Advertisements are typically seen as invitations to negotiate rather than binding offers. If a retailer claims the price was an error, they can often refuse to sell at that price. However, some states have laws regarding false advertising, so it's worth checking local regulations.

What is the red flag rule for car dealers?

The red flag rule for car dealers refers to warning signs that a dealership may not be trustworthy. These can include pressure tactics to rush a sale, lack of transparency about pricing, or refusal to provide a written contract. If a dealer seems evasive about terms or has a poor reputation, these are significant red flags that warrant caution.

How much can you realistically negotiate off a used car?

Are internet used car prices negotiable?

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