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How to Determine the True Dodge Challenger Cost – So You Can Save the Most Money off the Negotiated Sale Price

When watching those new car ads on TV you’ve probably heard a lot of different pitches, like; “Come on down and we’ll sell you a new car for only $100 above our invoice price”, “These cars must go! We’ll take a loss and sell the first 5 customers a new car below our dealer invoice price.”

This article is going to help you wade through those gimmicks, so you can negotiate a real deal instead of falling for a sales gimmick. Then when you’ve received your free price quote and are ready to start contacting the dealerships, you’ll have the edge during negotiations.

  • A hassle free/haggle free Dodge Challenger buying experience
  • Find available Dodge Challenger rebates & incentives
  • Available APR financing offers
  • Low available monthly Dodge Challenger payments
  • Special limited time only Dodge Challenger offers
  • 100% free, no obligation Dodge Challenger price quotes

The Dealer Invoice Price: Fact or Fiction

This can be confusing, because the dealer’s invoice price is also referred to as the factory invoice price, sometimes in ways that infer they’re two separate price-points when they’re the same thing. The manufacturer invoices the dealership for the cars they buy – all of those new cars on their lot have to be paid for up-front; that invoice is called the dealer (factory) invoice.

This invoice should be comprised of all the charges the dealership was required to pay the automaker and usually contains the MSRP (the manufacturer’s suggested retail price). It will also include the following:

  1. The basic cost of the particular model
  2. Any options that were installed at the factory
  3. Delivery fees to have the car transported from the factory to the dealership
  4. A dealer holdback that is between two-three percent of either invoice price or MSRP
  5. Regional advertising fees

Now take a look at number four again, the dealer holdback. This is a clear way for you to see that the dealer invoice price is not the dealer’s true cost for that new car you’ve been eyeing. The holdback is paid back to the car dealer on a quarterly basis, though different manufacturers may return it at different times. The delivery fees (or destination charges) cannot be negotiated because all dealerships have to pay the manufacturer to ship a new car; however, the holdback can and should be used during negotiations.

As well, the dealer invoice prices doesn’t include all of the special incentives, rebates and discounts the automaker offers the dealers and their sales staff to make sales. The invoice price also doesn’t factor in all of the special discounts and incentives the manufacturer offers the dealerships, along with salespeople, to generate higher volumes of sales. The quicker the dealer sells a car, the higher the incentive money. Combining all of this together makes it crystal clear that the dealer pays quite a bit less for a new car than what shows up on the invoice.

The Authoritative Dodge Challenger

The Dodge Challenger is a five-seat coupe available in three trims corresponding to engine size: SXT, R/T and SRT8 392. The SXT comes equipped with a 3.6 liter-V6 generating 305hp; R/T offers an impressive 5.7 liter-V8 engine that cranks out 376 horses, with the SRT8 392 having an astounding 6.4 liter-V8 with 470 thoroughbreds.

The SXT has standard features such as keyless entry and ignition, power accessories, cruise, auto climate control, tilt/telescopic/leather encased steering wheel w/audio controls, six way power-driver’s seat with power-lumbar adjustment, mileage computer, 60/40 split-folding backseat, and more.

The SXT Plus Package offers buyers the option of auto headlights/auto-dimming rearview mirror, fog lights, leather upholstery, heated seats in the front, Bluetooth/audio streaming, upgraded audio stereo system with satellite radio and more. The SXT also offers numerous additional packages to customize the Challenger to individual tastes.

The R/T receives the SXT’s Super Sport Group with heated exterior mirrors, fog lights & auto headlights, Bluetooth & streaming audio, satellite radio and more. The R/T Plus Package includes the remaining features from the SXT Plus Package not included as standard.

The SRT8 392 offers standard equipment of the R/T; however, it adds sports seating, upgraded suspension and brakes, computer with real-time performance data and many more premium features. The SRT8 392 may be customized even more to suite personal needs.

Examples of Dodge Challenger Rebates And Incentives

Dodge has a long history of offering customers attractive cash-back rebates and other incentives to make their new car a Dodge. Here are just a couple of Dodge Challenger rebate and incentive offers so you can get a better feel for potential savings.

Do keep in mind that all manufacturer rebates and incentives come with an expiration date, in order to provide flexibility. Carmakers like Dodge can see at a moment’s notice exactly how many models they have sitting on their dealer’s lots, if certain models in certain regions are taking longer to sell, they have the ability to initiate a new incentive program.

  • As low as zero percent financing up to 36 months (exp. 6/4/12)
  • Up to $1500 Cash Allowance (exp. 6/4/12)

These customer incentives are offered by Dodge, not the dealerships, and you still can (& should) negotiate a lower sale price on a new Challenger – one has nothing to do with the other.

Deciding Between a Dodge Challenger Consumer Cash Rebate & Low APR Financing

When faced with two great incentives, cash back and low/0% interest financing, it can be tough to make the choice of which offer you want to accept. As these incentive offers are almost always “either or”, following are a few tips so you can make an informed decision on which offer is best for you.

  1. Low and 0% APR financing offers could save you a lot of money in interest payments. However, these offers are extended to buyers with good credit. This is why it’s important that you get a copy of your credit report to see if you’d qualify – before agreeing on an incentive. It will also give you the chance to ensure everything on your credit report is accurate. You don’t want someone else’s mistake dragging down your score. If it’s correct and you do have a lower score, if a cash incentive is offered take the money, as cash back incentives are not dependent upon credit scores.

  2. With a good credit rating all you need to do is calculate how much you will save over the term of the auto loan through low APR/0% APR financing (against the going interest rate); compare that amount against a cash back offer to see which offers the better deal.

  3. Speak to a loan officer at your bank/credit union and see what terms they offer to finance the Challenger with them. They might offer you an attractive APR to finance with them, giving you an option for financing so you could accept any available Dodge Challenger cash rebate.

Now that you know the truth about the dealer invoice price, so you’ll know that you’re negotiating a real deal on a new Challenger, request your free, no obligation to buy Dodge Challenger price quote. Start evaluating all of the current available consumer cash rebates and incentives that Dodge is offering in .

Then review the competitive price quotes and internet incentives that competing Dodge dealers are offering you, so you’re holding the winning hand when negotiating a real deal on your new Dodge Challenger.



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