A sudden requirement has come up for a car to take me from home to station and back. I am looking for a small and cheap car as I do not intend to keep it for long or use it for any other purpose. Price range $5k-$6k. But was also thinking if I get a car with Company warranty left, that would give me some piece of mind.
Went to a Hyundai dealer over the weekend. Saw an i2O 2015 model Manual Active (so basic not much features apart from Bluetooth) advertised for $8k.
3 months warranty left on car. Initially the guy said I might reduce it by $200-300. Not much as its already reduced to clear. Spent about 15 mins and I said I might have to come back. He asks me how much are you looking to negotiate. I said around $1000-$1500. He said naahh. Tried to up sell other cars as well, but I didn't agree.
So I said, OK I will be back later after I look at other cars. Not willing to let me go, he checks with his manager and says what do we have to do to sell this car to you? I said I need to think and come back as I need more warranty, so he agrees to include 1 year warranty and price down to $7k. I again said NO and will come back. He checks with his manager again and comes back with a final offer $5k. I was very surprised and slightly shocked at the reduction.
Any thoughts, should I be worried or just buy it?
It seems to be the best offer so far when I look at Carsales.