is carsdirect.com a good way to buy a car?

Oct 31, 2003 44 Replies

Two things.

First, they won't give hot cars away. They don't even sell the Mini Cooper.

Second, some dealers are indeed fair with a no haggle price.

But research further and you may find that what you have is an exception and not the rule

We recently bought 2 hondas, 2004 cr-v ex and 2004 accord ex w/ leather. They both came with the mud flaps and wheel locks. We used mycar.com. This is where the delaers bid against each other for 7 days and then you can choose.

We got the cr-v for 21,300, which is invoice and the accord at 22,050 which is about 30 below invoice. The winning bids were actually abotu 100 miles away and a little bit lower, but we went local.

Anyone else use mycar.com?

Never heard of it. The fact that dealers are involved makes me leery though of price fixing. Just my opinion and I have been accused of being paranoid before - lol.

Yeah, this is somethin I'd think dealers would stay out of. They probably have set reserves they bid town to so they don't cut eachother's throght's too much.

Why? People will pay what they feel is an acceptable price for a vehicle. Someone paying MSRP for a new Mazda3 allows the dealer to sell another one to someone like me for over $1K under invoice.

Lee Cao

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