finally got a little more serious about things and decided what numbers they would give me for my car and all of that.

well this is the first time i actually test drove a IX...and i was very pleased.

after we got back we got to the haggling part....in the end they were willing to give me 9,800 for my 2000 civic si and give me the IX GSR for 30,200. the only reason i said no at the time was they were giving me like 9.5% apr...and i know a ton of places are offering like 6%.

my question i guess would be this:

if i got a loan with an apr more to my likeing...do those numbers sound good?

 

Do you own any on your civic?
I own 17500 on my current ride and they are offering about 15000 so 2500 will be added into my total deal..
You can go to the mitsubishi website and do your own calcultaions on the payment estimater.
Good luck

 

i own it free and clear

 

What's your credit score? I managed to get a 6.9% for a 5 year loan term with a credit score of 770.

 

You might look at doing a private party sale for the Si if it has low mileage and do an "in and out" at the dealer. Private party sales in your area look to average around $12k, but I don't know the condition of your car.

 

Which one did you go to?

 

Almost 10% i'd go elsewhere.

 

723. the dealer actually just called me back and offered 10k for my car (i only paid 11k over a year ago for it)...30,200 on the ix...and he would "see what he could do on the apr" if i bring printouts of my paystubs.

i also just got prequalified for a capital one "blank check" auto loan for the remainder (20,200) at 8.4% apr. this would bring my monthlies about where i want them. if the dealer doesn't wanna go for it...i just have to wait for 3-5 days to get my "blank check"

 

723? With the amount you're giving them (down payment & trade in) You should be able to get a rate in the 7s. Good luck and let the dealership know, low apr or no sale. If you have to wait a few days for the 8.4%, I'd wait. It'll really save you in the long run even though it's painful to wait for an evo.

 

...you speak the truth...after that test drive today..i'm fiening!

 

I would know, I'm still waiting for my MR to get here. In the mean time, I just hit my friend with a IX GSR for a ride. I buy him dinner everytime he takes me for a spin but it's well worth the $15.

 

i have a quick question. if i use my trade in...i only get taxed on 20,200 not 30,200...right? the tax is only on the actual "sale price" of the car, correct?

 

Depends. Some states have enacted laws where you get taxed on the total amount of sale and then the down payment and trade in get applied afterwards.

Technically 30,200 is the sale price of the car and the 20,200 is the amount you're financing. All up to interpretation.

 

Have you tried your local credit unions?
I do not have a good score, ( I think low 600's) And I am getting 6.6% APR on 30-34k loan.
I love Oregon...NO SALES TAX WHEEEE!

 

hmm..well it would save me 1k if they did the "finance value". i guess i'll have to ask them.