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0% Financing on MR??

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Old Aug 16, 2005 | 04:51 PM
  #16  
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what's the invoice price for an 05 MR??? Thanks!
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Old Aug 16, 2005 | 04:56 PM
  #17  
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Goto carpoint.com and price it out. Should be around $34k.
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Old Aug 16, 2005 | 05:06 PM
  #18  
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I just finalized a deal for a 05 Rally Red MR and signed all the papers today with 0% gonna pick it up later this week!!
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Old Aug 16, 2005 | 05:08 PM
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Is it possible to save money with a trade in (since it is 0% financing)? I'm paying around 7% APR for my loan. Even if the price was marked up could it be possible to save money and get a new car? Im guessing you would probably get screwed.
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Old Aug 16, 2005 | 05:17 PM
  #20  
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Originally Posted by whops
Is it possible to save money with a trade in (since it is 0% financing)? I'm paying around 7% APR for my loan. Even if the price was marked up could it be possible to save money and get a new car? Im guessing you would probably get screwed.

it really depends on your trade-in value (minus) your payoff.....


Here's a solution you can use:

Current Loan Payoff - Trade-in Value = X
X + (New Vehicle Price) = Y
Y + TAX + Registration Fees = Z
Z / 60 months(5yr) = Your Monthly Payment
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Old Aug 16, 2005 | 05:31 PM
  #21  
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Or you can pay cash for your car. I guarantee you will get a 0.00% apr. It worked for me!
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Old Aug 16, 2005 | 05:53 PM
  #22  
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Really? I was gonna take two thousand in cash for the down payment anyways. You think he'll give me the 0%?

Last edited by illuder; Aug 16, 2005 at 05:55 PM.
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Old Aug 17, 2005 | 04:45 AM
  #23  
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First you settle on the price of the new car-never tell them how you want to pay for it or if you have a trade in, just say your not sure or you need to think about it if they ask. If they insist, walk away. Once you have the price settled negotiate the trade in, still not saying how your going to pay. When you are sitting in front of the finance guy thats when you tell him you want the 0% deal. By that time they wont want to loose you and they have invested a lot of effort. IF there is a 0% deal available they would probably give it to you at this point. Good luck
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Old Aug 17, 2005 | 05:58 AM
  #24  
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Originally Posted by illuder
Really? I was gonna take two thousand in cash for the down payment anyways. You think he'll give me the 0%?
i think he meant 100% of it in cash....which is stupid if you qualify for 0% financing.
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Old Aug 17, 2005 | 06:16 AM
  #25  
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Originally Posted by wthoevo8
what's the invoice price for an 05 MR??? Thanks!
http://www.edmunds.com/new/2005/mits...67/prices.html

32,733
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Old Aug 17, 2005 | 06:18 AM
  #26  
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Does anyone know of a dealer that has either a white or grey MR on the west coast? I want a MR and 0%
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Old Aug 17, 2005 | 06:21 AM
  #27  
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i want a white MR too...but, it isn't worth the hours of taking all my parts off.
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Old Aug 17, 2005 | 06:25 AM
  #28  
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illuder- Try another dealership, I know there are other Mitsubishi dealerships that have MRs somewhere in your area. Get the car, it will be worth it in the end, even if it means you have to put in a little work and drive a little further to find the car you want. In the end, the MR will be worth it (well actually it depends on why you are buying it, if your buying it to be comfortable day to day driver then it may not be the car for you).
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Old Aug 17, 2005 | 06:27 AM
  #29  
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Originally Posted by gsujeff55
i want a white MR too...but, it isn't worth the hours of taking all my parts off.
Stick with your car, your so close to having a 11 second daily driver (actually in reality your trap speed suggests 11 second already). Wait till the X comes out, or atleast until the IX comes out.
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Old Aug 17, 2005 | 12:22 PM
  #30  
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djskyy

Current Loan Payoff - Trade-in Value = X
X + (New Vehicle Price) = Y
Shouldn't it be (new vehicle price) - X = Y
($32,733) - X = Y
Y + TAX + Registration Fees = Z
Z / 60 months(5yr) = Your Monthly Payment
Yesterday 08:08 PM
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