Buying through broker? Autocompanion

[Reansogan]

Has any ever ordered through auto companion. They offer 11% under msrp but I have never heard of them and I’m a bit skeptical. Can anyone please share any thoughts or experience with them?

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[martoaj]

They're well known over on the leasehackr forums. Lots of positive feedback: https://forum.leasehackr.com/t/auto...anion-most-brands-nationwide-top-rated/262600

Lots of relatively small-time brokers out there. Just because they're small doesn't mean they're sketchy. I worked through a broker who used to work for the AutoCompanion/LeaseCompanion team and he was great.

Remember that all the broker is doing is providing dealerships with pre-vetted and confirmed buyers so the dealers can push volume without the typical back-and-forth and costs associated with acquiring customers. I understand why it may seem risky considering the discount, but it's a completely standard practice.

 

[Reansogan]

They're well known over on the leasehackr forums. Lots of positive feedback: https://forum.leasehackr.com/t/auto...anion-most-brands-nationwide-top-rated/262600

Lots of relatively small-time brokers out there. Just because they're small doesn't mean they're sketchy. I worked through a broker who used to work for the AutoCompanion/LeaseCompanion team and he was great.

Remember that all the broker is doing is providing dealerships with pre-vetted and confirmed buyers so the dealers can push volume without the typical back-and-forth and costs associated with acquiring customers. I understand why it may seem risky considering the discount, but it's a standard practice.

Thanks for the feedback. You would consider it to be safe I suppose then? I may give them a try.

 

[martoaj]

Thanks for the feedback. You would consider it to be safe I suppose then? I may give them a try.

Do your research. Just like you'd normally research dealerships, you need to do just as much work to research your broker -- they're the go-between for the dealer, so they're more important.

But the basic system of using a broker to order a car is totally normal. You shouldn't be skeptical of that in itself.

 

[Reansogan]

Do your research. Just like you'd normally research dealerships, you need to do just as much work to research your broker -- they're the go-between for the dealer, so they're more important.

But the basic system of using a broker to order a car is totally normal. You shouldn't be skeptical of that in itself.

I’ve been looking around but I can’t quite find too much information on them. I thought Maybe some anecdotes would be a source of validation.

 

[martoaj]

I’ve been looking around but I can’t quite find too much information on them. I thought Maybe some anecdotes would be a source of validation.

The link above has over 300 posts from customers who have worked with the company. fwiw the LeaseHackr crowd is pretty intense about this stuff; generally, if they approve of someone, it's pretty meaningful imo.

 

[Bulletbill]

As a side note you can use the following thread to find dealers offering below invoice with no haggle pricing.

https://www.jlwranglerforums.com/forum/threads/ratberts-dealers-below-invoice-spreadsheet.95841/

There are a few in PA and WV that might be worth a look before going with a broker.

 

[Reansogan]

As a side note you can use the following thread to find dealers offering below invoice with no haggle pricing.

https://www.jlwranglerforums.com/forum/threads/ratberts-dealers-below-invoice-spreadsheet.95841/

There are a few in PA and WV that might be worth a look before going with a broker.

The dealership in PA offers 3% under and the broker 11% under. Do you still think it’s worth going with the dealership. I’m not very knowledgeable about using a broker. Is it a pain working with one? Are they honest and straightforward?

 

[Ron93YJ]

I guess you’d have to do the math on 11% off MSRP vs 3-4% off invoice. I have no experience with brokers. How do they made their cut? Do you pay for the service or do they make a %?

 

[Reansogan]

I guess you’d have to do the math on 11% off MSRP vs 3-4% off invoice. I have no experience with brokers. How do they made their cut? Do you pay for the service or do they make a %?

I believe they just charge a brokerage fee. I just sent an email and asking for what my all in would be. Trying to gather as much information and clarity on their process before i give them my business.

 

[Ron93YJ]

I believe they just charge a brokerage fee. I just sent an email and asking for what my all in would be. Trying to gather as much information and clarity on their process before i give them my business.

Good luck. I was fortunate back in early 2021 that I was able to find a local dealer to match some of the out of state 5% below invoice quotes that I received. Regardless of what direction you go, I recommend getting them to agree to locking in the price since there will undoubtedly be price increases between order and arrival.

 

[Reansogan]

Good luck. I was fortunate back in early 2021 that I was able to find a local dealer to match some of the out of state 5% below invoice quotes that I received. Regardless of what direction you go, I recommend getting them to agree to locking in the price since there will undoubtedly be price increases between order and arrival.

thanks a lot for your help. I will definitely be getting a price protection before I buy from anywhere. Price increases and hidden charges and fees are what I'm most skeptical of.

 

[fczabala]

I've worked with brokers for other vehicles.
You can find better deals here (no broker fees) for a wrangler. 11% off msrp is usually around 4-5% off invoice. I got 6% off msrp which equated to 13-14% off msrp. If I'm not mistaken there's a dealer in MD right now offering up to 8% off invoice. Do a search for @Ratbert recommended dealers list

 

[Bulletbill]

The dealership in PA offers 3% under and the broker 11% under. Do you still think it’s worth going with the dealership. I’m not very knowledgeable about using a broker. Is it a pain working with one? Are they honest and straightforward?

Is the dealer in PA 3% under invoice or MSRP, might be a wash depending on the deal and broker fees.

 

[Reansogan]

I've worked with brokers for other vehicles.
You can find better deals here (no broker fees) for a wrangler. 11% off msrp is usually around 4-5% off invoice. I got 6% off msrp which equated to 13-14% off msrp. If I'm not mistaken there's a dealer in MD right now offering up to 8% off invoice. Do a search for @Ratbert recommended dealers list

I found that dealer it’s in Clarksville Md and I read some terrible reviews about them and am now a bit hesitant to work with them.

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