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The Will Cover Car Buying Guide - Another Satisfied Customer

Posted on 2/19/20 at 8:04 am
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 8:04 am
Bought a pretty fully loaded 2020 Ram 1500 Limited Crew Cab yesterday. The sticker price was $61,040 and I walked out of the door after TTL for 48,250
with 4 years of free maintenance and free weather tech mats included.

I feel so victorious.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 2/19/20 at 8:13 am to
Nice work. I just got the same truck for $46,380!!



ETA: j/k nice deal man
This post was edited on 2/19/20 at 12:52 pm
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 8:21 am to
You made me think I didnt push enough
This post was edited on 2/19/20 at 12:58 pm
Posted by lsuguru
Lake Charles
Member since Aug 2007
1782 posts
Posted on 2/19/20 at 9:14 am to
Where'd you buy at?
Posted by KamaCausey_LSU
Member since Apr 2013
14482 posts
Posted on 2/19/20 at 9:31 am to
I think it's Ram Truck Month this month, either 0% financing for 36 months or approximately $16k bonus cash. Did you finance through the dealer for 0% or take the $16k off?

Or take the $16k and immediately refinance through a bank/credit union?
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 9:47 am to
Neither of those options exist for a 2020 Limited Trim line.

I got around 16k off of MSRP by the time it was all said and done and financed through BOA at 2.6% for 60 months.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/19/20 at 9:52 am to
quote:

I got around 16k off of MSRP by the time it was all said and done and financed through BOA at 2.6% for 60 months.



NB4 should have paid cash and stay out of debt
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/19/20 at 12:33 pm to
Dodge/Ram does this all the time. It's part of the reason their resale is terrible. You really think they gave you almost 30% off before TTL without some gigantic factory incentive?
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 12:37 pm to
Do you have any point to what you are spewing?

Am I supposed to be unhappy with my vehicle because Thib-a-doe Tiger doesnt like it?

I'm not worried about resale. My trade in was a 2010 Chevy Equinox with 193,000 miles that stalled on the way to the dealer and I had to get towed in.

Point of the thread was to give props to a method that most people probably forget about since most people dont purchase vehicles often. Sorry that upset you.
This post was edited on 2/19/20 at 12:39 pm
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/19/20 at 12:49 pm to
quote:

Point of the thread was to give props to a method that most people probably forget about since most people dont purchase vehicles often. Sorry that upset you.




It doesn't upset me at all, and he's correct with most of his method



That being said, it will not get you $16,000 off of a 61K truck without some factory incentive. I'm just trying to let people know that you shouldn't expect that.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 2/19/20 at 12:51 pm to
im just messing with you. great job man.
Posted by lsujro
north of the wall
Member since Jul 2007
3919 posts
Posted on 2/19/20 at 12:52 pm to
quote:

$16,000 off of a 61K


All truck brands do this except Toyota fwiw. Not sure why you think it's unique to Ram.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/19/20 at 12:54 pm to
quote:

All truck brands do this except Toyota fwiw. Not sure why you think it's unique to Ram.





Ram does it more often and with bigger discounts though. I worked for a company that purchased 40-50 Dodge/Ram trucks in a 5 year span, and we got that kind of deal on almost all of them due to some incentive they had at the time
This post was edited on 2/19/20 at 12:56 pm
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 12:56 pm to
Sorry - at first you had me thinking I didnt do good
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 12:57 pm to
quote:

purchased 40-50 Dodge/Ram trucks in a 5 year span, and we got that kind of deal on almost all of them due to some incentive they had at the time


So people can expect it then?

Not sure what the point of your initial comments were at this point.

Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/19/20 at 12:59 pm to
quote:

So people can expect it then?

Not sure what the point of your initial comments were at this point.



Let me rephrase, without some kind of incentive, people shouldn't expect a 25-30% drop in the price of the vehicle based on WC's method.


Better?
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 1:02 pm to
I mean I guess the point was maybe a little silly. Of course not all deals will be exactly the same. If they were then that would just be the price.

Of course supply/demand and brand of vehicle and timing are going to significantly impact the deal you can get.

I also found the exact vehicle. Same exact sticker. Same color. Literally the same car at 2 dealers in Houston. I had them calling me left and right lowering the price and throwing shite in because they didnt want to lose the sale to the other dealer.

Hell, one of them offered to pay for my tow (I am AAA, so didnt need it) just so I would go to their dealership and both offered to come drive and pick me up
This post was edited on 2/19/20 at 1:06 pm
Posted by NYNolaguy1
Member since May 2011
20870 posts
Posted on 2/19/20 at 1:25 pm to
quote:

The sticker price was $61,040 and I walked out of the door after TTL for $48,250


I still think the number of people getting a $48k truck is wayyyyy higher than the number of people who can afford a $48k truck.

Worse, the number of people who actually need a $48k truck is smaller than both groups above.
Posted by FulshearTiger
Member since Jul 2015
5274 posts
Posted on 2/19/20 at 1:31 pm to
De-railing the point of the thread which was to give props and a reminder message of the value of taking your time and reading the set of thoughts laid out in Will Covers method.

Not seeking your thoughts on what you think an appropriate price point for a vehicle is.
Posted by lnomm34
Louisiana
Member since Oct 2009
12605 posts
Posted on 2/19/20 at 2:19 pm to
quote:

I still think the number of people getting a $48k truck is wayyyyy higher than the number of people who can afford a $48k truck.

Worse, the number of people who actually need a $48k truck is smaller than both groups above.


This. Patting one's self on the back for paying $48,000 for a depreciating asset is not Money Board material.
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