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re: Interest rates when buying a car

Posted on 2/21/21 at 5:52 pm to
Posted by nobigdeal69
baton rouge
Member since Nov 2009
2278 posts
Posted on 2/21/21 at 5:52 pm to
It’s not an issue with the wheels, it’s just that run flats suck in general.
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 2/21/21 at 6:39 pm to
They only took 1k off the sticker baw? Tell them your wife will only let you spend 28k with taxes and everything. Oh and nice looking car baw
This post was edited on 2/21/21 at 6:46 pm
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 2/21/21 at 6:58 pm to
what is "VIN etch" for 349?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/21/21 at 7:02 pm to
it's an inscription of the vin number that has been there long before I plan on buying and for some reason they want to charge me for it.


maybe they replaced the window, but nothing was replaced according to the carfax. they already gave me an estimate like i was buying a new range rover.
This post was edited on 2/21/21 at 7:05 pm
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/21/21 at 9:06 pm to
I will say this. The turbocharger in that thing is pretty powerful
Posted by hiremikeleach
Member since Dec 2019
4621 posts
Posted on 2/21/21 at 10:12 pm to
I put about 40 percent down and the manager tried to start me off with 16 percent rates. I have a 730 credit score. I negotiated back and forth until finally I told them I’d go get a personally loan form my bank to get the entire purchase covered. He brought it down to six percent right then without hesitation
Posted by tigers444
Member since Jun 2009
3101 posts
Posted on 2/22/21 at 7:01 am to
On their website they are offering .99% on CPO. I would ask about that. If you have 800 score, you should definitely get that. I got 1.99% on my cpo last year.

LINK
This post was edited on 2/22/21 at 7:02 am
Posted by LEASTBAY
Member since Aug 2007
16541 posts
Posted on 2/22/21 at 7:53 am to
Find a credit union. Find another dealership.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/22/21 at 8:41 am to
locked in at 2.48% with BoA
Posted by STLhog
Dallas, TX
Member since Jan 2015
19446 posts
Posted on 2/22/21 at 8:49 am to
Does that include Truck Nutz?
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25765 posts
Posted on 2/22/21 at 9:27 am to
Since this is tigerdroppings, I see you more in this
Posted by FMtTXtiger
Member since Oct 2018
5309 posts
Posted on 2/22/21 at 9:28 am to
That document fee is absurd ,

If you know you can get 3% elsewhere, tell them you can get 2% and watch what happens.


Posted by CajunInFL
New Orleans, LA
Member since May 2007
2097 posts
Posted on 2/22/21 at 9:32 am to
What was the term they quoted you for $480/mth?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/22/21 at 8:04 pm to
It’s a classic

Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/22/21 at 8:06 pm to
quote:

What was the term they quoted you for $480/mth?


I honestly don’t know how they came up with that number. They tried to bring it down to 425. just absurd
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/22/21 at 8:10 pm to
By the way, that VIN ETCH fee for 375. Yea, it said in the car fax that it was done in April of 2017. I pointed it out and he took off the fee. Couldn’t get him to take 500 off the total because that other fee was 650. Said they have had a hard time getting rid of it since November and kept having to drop the price. KBB said it was a great price, so I just said screw it.
This post was edited on 2/22/21 at 8:14 pm
Posted by CajunInFL
New Orleans, LA
Member since May 2007
2097 posts
Posted on 2/23/21 at 9:39 am to
Well term is pretty important when quoting payments. at 60 months the rate would be 8.92%, at 72 months the rate would be 14.21%. Big difference.
Posted by X123F45
Member since Apr 2015
29788 posts
Posted on 2/23/21 at 9:45 am to
Depending on your location, I financed through nfcu at 3.09%

You can also get a .25 rate adjustment if you are less than 85% ltv.

They'll do up to 66 on a 17, 3.54%



Eta:

Apparently you're a yankee. Check local credit unions. The rate, doc fee, and vin etxhing is bullshite.

No more than 200 on doc. I understand it costs money to have someone do the titling for them.


Ps: they are quoting you a higher payment because it includes other back end products they intend to sell you. Warranty, gap, tire and wheel, paint correction, battery warranty.

The goal is to get you to agree to a payment and then make it seem like you would be stupid not to buy 10k in backend priducts.
This post was edited on 2/23/21 at 9:51 am
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