Opinions on price from dealer
Evolving Member
Joined: Mar 2004
Posts: 112
Likes: 0
From: Orlando, FL
Originally Posted by sk8
Ok. So here is the deal. Maybe you can help me figure out which is the better route to go.
With my money down($6000)&TTL = financing $26,165 @ 0% 60 months = $436
With my money down($6000)&TTL = financing $23,382 @ 5.95% 60 months = $451
Either I get the car for $26995 + TTL - downpayment or
I pay the dealer invoice 29,XXX + TTL - downpayment and get 0%
I'm going to see what my credit union offers me tomorrow, I am hoping in the 4.X% rate.
What are your opinions? Raped? Dealer tricks? The car has only 9 miles.
Thanks,
Scott
With my money down($6000)&TTL = financing $26,165 @ 0% 60 months = $436
With my money down($6000)&TTL = financing $23,382 @ 5.95% 60 months = $451
Either I get the car for $26995 + TTL - downpayment or
I pay the dealer invoice 29,XXX + TTL - downpayment and get 0%
I'm going to see what my credit union offers me tomorrow, I am hoping in the 4.X% rate.
What are your opinions? Raped? Dealer tricks? The car has only 9 miles.
Thanks,
Scott
Ron
Evolving Member
Joined: Feb 2005
Posts: 468
Likes: 0
sk8,
Chances are they'll only offer you the car at $26,995 if you take the financing from them (this way they make some money). If you walk in with your own financing at a lower rate and ask for the $26,995 price they'll probably tell you to take a hike.
I'd jump on the 0% for 60 months deal ASAP...........isn't it only valid for 1 month ?
Chances are they'll only offer you the car at $26,995 if you take the financing from them (this way they make some money). If you walk in with your own financing at a lower rate and ask for the $26,995 price they'll probably tell you to take a hike.
I'd jump on the 0% for 60 months deal ASAP...........isn't it only valid for 1 month ?
Evolving Member
Joined: Jun 2003
Posts: 479
Likes: 0
From: Chicago
Originally Posted by sk8
Schaumburg, IL Mitsubishi (Max Madsen)
on Golf Rd. tried to sell me an Evo in March 2003 for $35K and they said I was getting a good deal because the last guy paid $40K. I still give them the finger when I drive by.
If you go the 0% route, a cheaper option is to keep your down payment in the bank and earn something for it while you make payments on the car, and finance the who thing at 0%. Can you get the 0% without a down payment?