Why should I pay for a car quote instead of just going to a dealership?
When negotiating the purchase or lease of a new car, knowledge is power. The Edge Report gives you information that dealers rarely disclose, because doing so would reduce the dealership’s profit margin. Our Edge Reports set forth the price that each consumer should pay and the profit margin that dealerships typically try to make on top of that amount. This saves countless hours at the dealership and thousands of dollars.
FOR EXAMPLE: If, according to your report, your lease payment should be $275 per month and a dealer insists that the best he/she can offer is $390 per month, then you know that it is time to move on to a different dealer or explain to your dealer why his/her offer is unacceptable: a difference of $115 per month, over a 36 month lease, would have yielded an overpayment totaling $4,140. Inflated quotes like this happen all the time because new car buyers simply do not have the information contained in the Edge Report.
What exactly do I get with the Edge Report service?
IF YOU ARE LEASING: Your Edge Report will set forth: the exact M.S.R.P. (the price at which we expect a dealer to try to sell you the particular car); specific incentives for which you qualify (which dealers typically keep for their own added profit); the exact residual value and money factor issued from the bank for the month you request the quote (so the dealer can not mark them up for added profit); the exact sales tax you should pay; the exact monthly payment amount (to the penny); the published Bank Fee (which dealers often mark up for added profit) and DMV fees.
IF YOU ARE FINANCING OR PAYING CASH: Your Edge Report will set forth: the exact M.S.R.P. (the price we expect the dealer to try to sell you the car for); specific incentives for which you qualify (which dealers typically keep for their own added profit); the interest rate you should be getting; the exact sales tax you should pay and DMV fees.
Most dealerships have additional fees- on top of the ones listed above – which give them even more profit. If a fee is not set forth in your Edge Report, you should not be paying it!
How easy is it to get the best price listed from the Edge Report?
In our experience, it is possible to get the best price from the first or second dealership. However, sometimes it is necessary to shop around. While the Edge Report is not a golden ticket, it is a powerful tool. Your individual results will depend on your comfort and skills at negotiation and the time you invest in shopping multiple dealers.
Do you guarantee that your Edge Report is the best price I can find?
If you find a lower price for the exact year, make, and model car (with the exact options chosen), by $97 or more, we will refund your full purchase price of the Edge Report. Just send us your Bill of Sale or Lease Contract as proof, together with your representation that the purchase or lease, as applicable, was the result of an arms’ length transaction, and we will credit your account within 48 hours. We are that confident of our pricing!