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Opinion on car deal?

Posted on 5/12/13 at 12:17 pm
Posted by TigerDent
New Orleans
Member since Jan 2011
286 posts
Posted on 5/12/13 at 12:17 pm
Possibly buying a new car. Here are the details. 2013 Chevy Traverse 1LT. "Hit the road package" and "all star edition" included. Negotiated price so far stands at $33,435 + TTL. Does anyone have experience buying a Traverse have any input on the deal so far?
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 5/12/13 at 1:15 pm to
Internet negotiations?
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 5/12/13 at 1:16 pm to
Internet negotiations?
Posted by FredSecunda
Baton Rouge
Member since May 2005
7188 posts
Posted on 5/12/13 at 1:24 pm to
What's your interest rate? How much money down?
Posted by TigerDent
New Orleans
Member since Jan 2011
286 posts
Posted on 5/12/13 at 1:48 pm to
Internet negotiation. 3.64% for 60 months. $8000 down.
This post was edited on 5/12/13 at 1:50 pm
Posted by FredSecunda
Baton Rouge
Member since May 2005
7188 posts
Posted on 5/12/13 at 2:47 pm to
How much money do you make? Seems like a pretty hefty car note. But I hate financing cars.
Posted by 756
Member since Sep 2004
14867 posts
Posted on 5/12/13 at 3:19 pm to
MSRP?
Posted by TigerDent
New Orleans
Member since Jan 2011
286 posts
Posted on 5/12/13 at 3:19 pm to
I make a little over 100k a year give or take. Only a year out of school, so I don't have enough saved to pay for it all in cash. That is how I plan on buying my next car. We need a bigger car ASAP that's why we are financing.
Posted by NukemVol
Member since Jan 2010
1633 posts
Posted on 5/12/13 at 3:21 pm to
You can get the fair purchase price on KBB.com.
Posted by TigerDent
New Orleans
Member since Jan 2011
286 posts
Posted on 5/12/13 at 3:27 pm to
I've checked out KBB, edmunds and the like. I think I'm ok on price. Curious to see if anyone else on here had bought a similar vehicle and what they paid. MSRP is roughly 35k.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/12/13 at 4:10 pm to
Have kids?

How much debt do you have?
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 5/12/13 at 4:36 pm to
That's a little high for an interest rate

I bought a new car in Dec and got it for 2.74 for 60 months
Posted by yellowfin
Coastal Bar
Member since May 2006
97641 posts
Posted on 5/12/13 at 4:48 pm to
penfed 1.74%

less if you use their car buying service
Posted by TigerDent
New Orleans
Member since Jan 2011
286 posts
Posted on 5/12/13 at 5:37 pm to
We have one kid right now. I have some school debt. Still doing rate shopping, and I do plan on checking with penfed.
This post was edited on 5/12/13 at 5:52 pm
Posted by Springfield XD
Member since Feb 2013
1782 posts
Posted on 5/12/13 at 5:58 pm to
MT Ballers buy used cars over the internet and pay cash.
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 5/12/13 at 8:07 pm to
1.74 for 60 months? Wow... I really need to go over there and join
Posted by bamanmemphis
Member since Sep 2009
648 posts
Posted on 5/12/13 at 8:19 pm to
Got zero on 60 months with Toyota.

Irony ?
Posted by nogoodjr
Member since Feb 2006
797 posts
Posted on 5/12/13 at 10:10 pm to
Take the 8k and shop for a clean used Ford escape/ chevy trailblazer ect.. in the 2005-2007 range with less than 100k miles. Then focus on elimination of all your other debts. Don't add anymore debt on something that wil rocket down in value.

Your young and make a great salary. Get rich and buy whatever car/truck/suv you want.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/12/13 at 10:17 pm to
quote:

Get rich and buy whatever car/truck/suv you want.

Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6784 posts
Posted on 5/13/13 at 2:43 am to
quote:

I've checked out KBB, edmunds and the like. I think I'm ok on price. Curious to see if anyone else on here had bought a similar vehicle and what they paid. MSRP is roughly 35k.


Bought my wife a Traverse about a year and a half ago. MSRP was somewhere around $33,000 and we got it for around $26,000. I just bought a GMC Sierra that's MSRP was around $37,000. I paid less than $26,000 for it. The invoice price on the truck was over $34,000. GM has a lot of wiggle room right now. I would try to get them to come off of that price some more. Good luck!
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