Vladimir_M comments on Rationality Quotes May 2012 - Less Wrong

6 Post author: OpenThreadGuy 01 May 2012 11:37PM

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Comment author: Vladimir_M 09 May 2012 03:08:35AM *  2 points [-]

He further claims to have once saved $1,200 over the price quoted on the Internet for a car he negotiated for his daughter, who was 3000 miles away at the time.

What does he mean by "price quoted on the Internet"? If it's the manufacturer's suggested retail price, then depending on the car model and various other factors, saving $1,200 over this price sounds unremarkable at best, and a badly losing proposition at worst. If it was the first price quoted by the dealer, it could be even worse -- at least where I live, dealers will often start with some ridiculous quote that's even higher that the MSRP.