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AI negotiator successfully haggles down the price of a car thousands of dollars

fortune.com

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Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#2
“only those who are highly qualified and serious shoppers”

Ah, so basically, this is only good if you’re able to actually buy a car, and not having to worry about what bank the dealer’s going to shove you through, in which case you don’t get leverage in the purchasing process at all anyways.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#3
post #2

“only those who are highly qualified and serious shoppers” Ah, so basically, this is only good if you’re able to actually buy a car, and not having to worry about what bank the dealer’s going to shove you through, in which case you don’t get leverage in the purchasing process at all anyways.

OP here. I’m not sure I understand your point. The AI Negotiator is only intended for customers who want to buy a car — that’s what we mean by qualified.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#4
post #2

“only those who are highly qualified and serious shoppers” Ah, so basically, this is only good if you’re able to actually buy a car, and not having to worry about what bank the dealer’s going to shove you through, in which case you don’t get leverage in the purchasing process at all anyways.

OP here. I’m not sure I understand your point. The AI Negotiator is only intended for customers who want to buy a car — that’s what we mean by qualified.

It seems like they’re saying this only works for people paying cash.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#5
post #2

“only those who are highly qualified and serious shoppers” Ah, so basically, this is only good if you’re able to actually buy a car, and not having to worry about what bank the dealer’s going to shove you through, in which case you don’t get leverage in the purchasing process at all anyways.

While dealers definitely want and push you to use their financing, you are NEVER required to do so. I have many times brought a cashier's check to the dealer and told them they can take the amount I'm offering or leave it and I'll go to the next dealer in town that has the same exact car--showing them the listing.

I have only been turned down a handful of times w/this method. Most seemed happy to know there was less for them to do and they could quickly move on to their next sale/victim.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#6

Earlier quoted context omitted.

OP here. I’m not sure I understand your point. The AI Negotiator is only intended for customers who want to buy a car — that’s what we mean by qualified.

It seems like they’re saying this only works for people paying cash.

There are ways to pay cash from the dealer’s viewpoint even if you don’t have the cash— whole life policy loans, credit union loans, borrowing temporarily from retirement accounts (then financing to repay). So, it’s not the worst limitation. Anyway, having the cash is the best negotiating position, so this shouldn’t be a big surprise.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#7
A few issues I see. First is what does it do when you come across a no-haggle dealership? Next is does this negotiate the value of your trade-in? Finally, the initial negotiation up front on the sale price (and trade-in value if applicable) is only the first hurdle. When you have to come in and sign the paperwork and get your keys, that's when a lot of dealerships really try to tighten the screws. Oh you need an extra warranty! Or you need paint protection and nitrogen filled tires! How about that one-time fee for lifetime oil changes and maintenance?

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#8
post #2

“only those who are highly qualified and serious shoppers” Ah, so basically, this is only good if you’re able to actually buy a car, and not having to worry about what bank the dealer’s going to shove you through, in which case you don’t get leverage in the purchasing process at all anyways.

It might be due to regulation. An AI selling a loan product is a different ball game.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#9

Earlier quoted context omitted.

OP here. I’m not sure I understand your point. The AI Negotiator is only intended for customers who want to buy a car — that’s what we mean by qualified.

It seems like they’re saying this only works for people paying cash.

No, this works for customers who are financing the purchase of their vehicle, leasing, or paying cash. The AI Agent negotiates the out-the-door price for the user regardless of payment method and then goes from there.

Re: AI negotiator successfully haggles down the price of a car thousands of dollars

#10
> Notably, the service isn’t free. Customers pay $40 for a month of access without auto-renewal.

This makes it seem like this "AI negotiator" is $40/month, but it looks like it's not included at all for that plan. Seems like it's $399 or $999:

https://caredge.com/plans

https://caredge.com/plans/insights

https://caredge.com/plans/concierge

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