Who expects not to pay over MSRP?
dealer, if I get one I sure as hell won't be paying MSRP. 
Feb 12, 2003, 03:58 PM
#19
Newbie
Join Date: Dec 2002
Location: White Plains, NY
Posts: 77
Likes: 0
Received 0 Likes
on
0 Posts
update on premium mitsubishis....spoke to the sales guy this afternoon. He still has no updates on estimated arrival time, etc. BUT I did ask "you're still selling this car at MSRP, right?" and he said "As far as I understand, yes" which hopefully does not mean "That's what I tell you, then once the car gets here I'll tell you otherwise"
Feb 13, 2003, 03:24 PM
#23
Admin Emeritus
Thread Starter
Originally posted by M3lachsilber
Just wait..
Once the owners of these stores hear what this car can bring over sticker, lots of people are gonna be pissed!!
Just wait..
Once the owners of these stores hear what this car can bring over sticker, lots of people are gonna be pissed!!
As of right now the over sticker is zero. What is puzzling is that all of the references I have heard to 5k to 8K over MSRP are coming from salespeople who have a HUGE incentive to it make so. I have not heard from one single BUYER who is willing to pay 5 to 8K over. Ain't capitalism great.
Plus most banks will only finance 80 to 90% of MSRP; so it will require an additional 5 to 8K out of pocket. Now we are talking $600 for 60 months for car payments plus insurance after you put at least $14k down in cash or trade and you don't get cruise control....
Speedlimit......
Last edited by Speedlimit; Feb 13, 2003 at 03:30 PM.
Feb 13, 2003, 03:54 PM
#24
Newbie
Join Date: Sep 2002
Location: Philadelphia
Posts: 46
Likes: 0
Received 0 Likes
on
0 Posts
Now we are talking $600 for 60 months for car payments plus insurance after you put at least $14k down in cash or trade and you don't get cruise control....
Speedlimit...... [/B][/QUOTE]
I think your math is a litttle fuzzy.
Even if ya only get 8K for a trade in and put nothing else down, you'll only end up financing around 22K, with a low interest rate you'll end up paying around $400 a month. Now if ya actually put down 14K with cash and trade, your only financing 16K, and paying $300 a month. Granted this is assuming sticker at 30K. Anyway, what dealer have you been talking to in Reading? I grew up around their, but now I live in Philly. Just curious
Speedlimit...... [/B][/QUOTE]
I think your math is a litttle fuzzy.
Even if ya only get 8K for a trade in and put nothing else down, you'll only end up financing around 22K, with a low interest rate you'll end up paying around $400 a month. Now if ya actually put down 14K with cash and trade, your only financing 16K, and paying $300 a month. Granted this is assuming sticker at 30K. Anyway, what dealer have you been talking to in Reading? I grew up around their, but now I live in Philly. Just curious
Feb 13, 2003, 04:21 PM
#25
Admin Emeritus
Thread Starter
Hi ShadyShane,
My numbers where assuming a buyer is willing to pay 8K over invoice so my basis is 38K. That is a number I read in a previous thread.
Speedlimit.....
My numbers where assuming a buyer is willing to pay 8K over invoice so my basis is 38K. That is a number I read in a previous thread.
Speedlimit.....
Feb 13, 2003, 06:16 PM
#26
Admin Emeritus
Thread Starter
Hi ShadyShane,
My numbers where assuming a buyer is willing to pay 8K over (a number I read in a previous thread) invoice so my basis is 38K. You are correct, it would be for 48 months.
The dealership is Tom Masano in N. Reading. Good reputation.
Speedlimit.....
My numbers where assuming a buyer is willing to pay 8K over (a number I read in a previous thread) invoice so my basis is 38K. You are correct, it would be for 48 months.
The dealership is Tom Masano in N. Reading. Good reputation.
Speedlimit.....
Last edited by Speedlimit; Feb 13, 2003 at 08:04 PM.