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Frank, Yes I want to know more. 996 interest. more (archive)

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Posted by Ran on April 17, 1999 at 07:05:36:

In Reply to: I've been dealing with them... (LONG!) posted by FrankRizzo on April 16, 1999 at 23:04:34:

Frank, as usual, your da man as far as negotiating for cars is concerned. Well, anyway, best of luck with your boxster and keep me informed. I have been toying (and toying only) with the idea of a 996 but i am not sure that I like the latest body type. I think I prefer the slightly smaller but more aggressive looking body type of last year so I do not know how I will proceed. But I do want to know how this works out. Just from your post, since I was not privy to prior postings on the matter, I was not able to fully comprehend the economics behind the deal i.e. how do the various players in the game benefit. So I am very interested in the method too. Take care. best of luck.

: : What's the latest on CarsDirect? Recent posts by 'Universal' state that they're paying the difference on MSRP and invoice??? What gives? Is this legit? I'd like hear from others who've called or have info to share. Thanks!

: I've been talking to Universal about his deal since before he posted about it here. Since then, he has decided to get an Acura (I think it's a TL). His dealer was supposed to get the check to make up the difference today. I haven't heard if that happened or not. Here is what I can tell you about my deal. I have been shopping for a Boxster. On the model I am interested in there is a $7440 difference between Invoice and MSRP. I managed to find a dealership that would give me a $3766 discount off of MSRP. I provided that info to CarsDirect, and they have stated that they would make up the difference on my car also. I have a "buyer's agreement" coming in the mail from the dealer. Once I get that, I am supposed to fax it to my contact at CarsDirect, and he will take the info, and send the check to them. They even list the MB SL600 as a car they can deal on. (That a $17,000 savings!). If you guys are interested to know what happens, I will keep you updated with both Universal's and my own infomation. Someone somewhere (I can't remember where), stated that this company wanted to build a name (ala, Ebay, Yahoo, etc), and follow the tide of BIG TIME Internet IPO's making the big money. I would think that a list of satisfied customers would be a great way to get that started. Also, I've spoken with my contact 3 times in the last week. He says that at this point they are a small company, but they are getting 10X the amount of work that they can do right now. They overwhelmed the phone system in their current office, and have had to have Pac-Bell in to try to fix it. I believe that my contact is probably one of the founders, as he is admits to working 8am to 10pm 5 days a week.

: That's probably more than you wanted to know, but it is all true up to this point. If you are serious, go to their site, and fire them off an E-Mail, and you SHOULD get a response. At this point, they SEEM to be serious about this, and I will know soon enough.

: So, let me know, you guys interested in a "blow by blow" account?

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