You can buy luxury cars at wholesale prices if you are willing to make some calls to the right people, at the right time.
Our process is the ultimate guide to buying luxury cars at wholesale prices. With our step-by-step instruction and insider tips, you'll learn how to navigate the car buying process like a pro and secure a luxury car for a fraction of its retail price. Whether you're in the market for a used Lexus or BMW, our process will show you how to find the best deals and negotiate with dealers to get the lowest price possible. You'll learn how to cut out middle men that raise the price several times, how to negotiate lower prices, find only well cared-for cars. Plus, the one buying tip that can save you a lot of money getting the car on the road. Don't miss this opportunity to drive home in the luxury car of your dreams at a price you never thought possible.
Here's a typical scenario: you need a car that is nice and reliable that doesn't cost a lot. However the price of used cars has jumped considerably, unlike your income. I want to save you some of the terrible experiences I had with less than trustworthy used car salesmen and get a good used luxury vehicle at a wholesale price. Have a look at the recent spike in used car prices:
![](https://intheknow.tech/wp-content/uploads/2023/01/chart26-1024x683.png)
The journey to finding luxury vehicles at wholesale started when my wife asked for a 7 seater. It couldn't be a mini van, so I started looking at luxury SUVs.
I tried used car lots and even bought a van at an auction, but it was a car dealer who told me how he gets cars, so I started doing it the smart way too.
![](https://intheknow.tech/wp-content/uploads/2023/01/013-1024x575.jpg)
With that smarter strategy I bought three luxury SUV's, Acura MDX 7 seaters for $5500, $3500 and the one I am still driving for $2500 and just grabbed a much better MDX for only $1700.
I bought a luxury sports car, Acura TLS for $1200 and would still be flying around in it if a truck hadn't smashed in the back end.
I then decided to go for a really high end car and bought a Genesis with only 98000 km for 20% below asking and bought another Acura TL for a friends son at the same discount.
All these cars were in great condition and all from Acura dealerships.
That's the good news, but there is a catch. As we all know, there is nothing free in this world, as these deals come only after some effort. It's a matter of persistence as you could hit the jackpot on the first try or after 5 weeks of effort, persevere till you get what you want.
With this buying technique, I found out about a car that was not supposed to be for sale. It was such a good low mileage car, when we showed up to buy it, the manager looked surprised and asked me how I even knew about it. I clearly interrupted his plans as the keys were already in his pocket to take it home that day.
Another problem turned out to be a blessing. We got the rudest sales guy we'd have ever met, who even walked away from us to talk to other customers twice. What an A hole. So we walked over to the manager and he cut the price for us to stop our complaints about his “best salesman.”
As that story illustrates, the rude salesman was trying to turn that complaint tactic around on us. He tried to bully us into pleasing him by appearing angry at us for haggling with him and so walking away. It has to be the other way around, it's the paying customer that should be pleased. We are looking for things to complain about like an oil leak or a bad salesman so that they want to please us and close the deal by cutting the price.
As you can see there are a few steps to the process. First lets look at the normal journey of the car you want at a wholesale price.
![](https://intheknow.tech/wp-content/uploads/2023/01/79386345_10158164688220016_6262809985474887680_n.jpg)
Car owners that took excellent care of their car, trade them into the dealership when they buy another new car. The dealership sells it to a wholesaler who takes it to auction to sell it to a used car lot who sells it to retail buyers. So from original owner to second owner the car changes hands 5 times with price increases each time. Don't buy retail, follow these 5 simple steps to pay wholesale prices.
Click here to read the 5 simple steps
STEP ONE Buy from a high end dealership only, never a used car lot of any kind, not even the dealer used car lot. Why? Because they have the good cars that last a long time and are really nice to look at and drive. You only want to buy a used luxury car that has been taken care of from an original owner that did the maintenance at the dealership and never cut corners or went cheap. These people trade their cars in at the dealership and buy another new one.
![](https://intheknow.tech/wp-content/uploads/2023/01/79285611_10158164692410016_5251190319336128512_n.jpg)
STEP TWO You want a car too old for the dealership to put on the used car lot, so they will wholesale it instead of putting a big fat retail price on it. The dealer will pay a low price for the trade in as shown in the price quotes for the car I still drive.
![](https://intheknow.tech/wp-content/uploads/2023/01/trading-1024x481.jpg)
Compare the markup if you sell or buy it privately.
![](https://intheknow.tech/wp-content/uploads/2023/01/selling-1024x481.jpg)
And more markup if you want to buy it off a used car lot.
![](https://intheknow.tech/wp-content/uploads/2023/01/buying-1024x481.jpg)
So you avoid paying $2848 retail by buying the exact car from the dealer who just paid $718 to the previous owner as a trade in. You offer him $900, so that he makes a bit of money and doesn't have to deal with a wholesaler.
Consider the two cars I'm looking at today as I type this. My old car needs many repairs because I stopped fixing it. It isn't that wise to put a lot of money into an old car with 260k miles on it and my mother told me she saw rust on her driveway where I parked it.
I started looking at private deals and found a car one year newer and half the mileage for $1500. Great deal, but while I was trying to make an appointment to go see it, someone grabbed it because the real price should be 4-5k not 1.5k. I then stopped beating myself up for being too slow and called the dealerships and found a car 2 years newer than mine and 100k less mileage. I immediately grabbed it for $1700.
Another dealership offered me a car 5 years newer and 60k less miles than the $1700 car for $10,000 more. The choice is yours, getting a newer car minus 2 years of driving miles and pay a lot more, or ride in the same model 5 years older for 2 years and save your money. I can also flip the $1700 car today for 3-4k without fixing or certifying it.
Update on the private deal, he didn't sell it yet, so I went and saw it. Plan your work, then work your plan. It had 40K miles less than the $1700 and was in much worse shape. I got the better car from the dealership than the cheaper private deal. I will not buy the car but will buy his almost new snow tires. The plan of buying only dealership trade-ins was the better way to go and it needed just a headlight bulb to certify.
STEP THREE Call the used car managers every Monday and Thursday to ask what was traded in this week. Call these days so that you can grab a car before the wholesalers get them. A problem you will come up against here is that most dealers will tell you that they do not sell trade ins to customers but only sell to wholesalers. I tell them I have bought and resold a half dozen vehicles and will resell it after I drive it a bit. Most salesman will tell me about all the trade-ins, even the one the manager wanted, because they need the money.
I once asked if any MDX's were traded in this week and the salesman, who had sold me 2 others, said I don't have any MDX's but I have a TLS. I asked what a TLS was and he said a car. I said not interested as I have kids who play hockey and need the space. He replied it's $1200 so I came over to see it. I couldn't believe how big the trunk was so I took it camping and it held everything. I loved that $1200 luxury sports car almost as much as the Genesis, which was T-boned and written off. The TLS was also hit and written off so I'm not doing so well with cars but the MDX is still going 5 years later.
STEP FOUR Get an older luxury car that has surprisingly low mileage. Yes, a nice car but it's still a car that wears out and may I suggest you look at Asian brands instead of German. The cost of ownership is much lower and you get more creature comforts, bells and whistles with brands such as Acura, Lexus, Infinity, and Genesis. Then pick a model you want and call all the dealerships of that make every Monday and Thursday to beat the wholesalers and employees to the car. If the manager has the keys already in his pocket then get over there before his shift ends to see it and put a deposit down for an as-is sale if you like it.
STEP FIVE buy “as-is” to save the big certified markup. You can find a mechanic that has a shop in an industrial park that needs more money to inspect and certify cheaper than the dealership. When you talk to the certifying mechanic, tell him that this is not going to be resold but will be your daily driver. They can risk a lot if the car is resold and something goes wrong, so they will go easier on you if they know you are the final driver. The dealership will supply a dealer plate to move the car around and deliver to your home if you are self certifying.
So that is the big secret way of getting luxury vehicles at wholesale prices. Pick a high end model and call all the dealerships in your area twice a week and ask for the used car manager. Ask what was traded in this week and keep calling until you find one. Go immediately to see it and check for reasons to cut the price like leaks and buying uncertified. If the test drive goes well have it checked out by your mechanic and grab it if it makes sense. Don't feel you need the perfect car for the perfect price, if you change your mind, just list it on Facebook Market Place and go find a better one before you sell the first one.
A quick tip about haggling price, check the fluids being low and if there is any oil at the bottom of the engine. Older MDX's can leak steering fluid. It is nothing to fix with a $10 bottle of stop leak but more than enough to cry over and demand a huge discount. Another trick is to look to see if the car is American or Canadian by the speedometer (MPH or KPH). In my case the dealer didn't notice that it wasn't native and felt so bad, they gave it to me for what they paid, $2500.
You can do this! Buy a luxury car at wholesale/trade-in prices by just calling every dealership of the model you want. Avoid private deals and retail as you call week after week. I have twice hit a great deal on the first call, so make that first call right now. Break the ice and expect to make mistakes, it's ok, nobody cares or knows if you mess up. Just call the next dealership until you are driving in heated leather seats for the same price as the other guys tires.