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Started By
Message
re: When do car dealerships advertise the new incentives?
Posted on 4/2/20 at 8:05 am to shiftworker
Posted on 4/2/20 at 8:05 am to shiftworker
What other deals we got
Posted on 4/2/20 at 8:07 am to shiftworker
quote:
It appears they actually removed rebates from the 2020’s. That’s not going to encourage me to buy.
This. The 0% stuff isn't worth a damn unless they are also offering other incentives.
Posted on 4/2/20 at 8:09 am to OsTiger78
quote:
If you are financing a vehicle for 84 months, you probably can’t afford that vehicle. 72 is pushing it.
Your generic advice is worthless in the world of 0% interest.
Posted on 4/2/20 at 9:30 am to shiftworker
Got a deal today that ended 3/31
Posted on 4/2/20 at 9:34 am to Robertson coach
quote:
What brand?
Ram
Posted on 4/2/20 at 10:01 am to shiftworker
quote:
It appears they actually removed rebates from the 2020’s. That’s not going to encourage me to buy.
I called yesterday and asked about it. They gave me the same deal today
Posted on 4/2/20 at 10:13 am to OsTiger78
quote:
it’s at zero percent I’m financing as long as they’ll let me
That’s fine if you’re gonna pay more than the monthly minimum.
Why would you pay more than the minimum at 0%?
What are you not getting?
Posted on 4/2/20 at 10:23 am to WaydownSouth
quote:
called yesterday and asked about it. They gave me the same deal today
I see that they have new incentives posted now. It’s not much different from last month. Compared prices On a couple trucks I’ve been watching. The listed price dropped a few hundred $. Nothing significant. Maybe they will be more motivated in a few weeks.
Posted on 4/2/20 at 10:30 am to shiftworker
Looking to get 1-2 compact or midsize SUVs from Audi, BMW, or Mercedes. I think it’ll still be best to wait another month at this point
Posted on 4/2/20 at 10:32 am to BreesyInBigEasy
Anyone seeing anything on Toyota? Was thinking about replacing the wife's Sequoia...I loath dealerships so i'd love to take advantage of the hurt and scoop up a deal.
Posted on 4/2/20 at 10:42 am to OsTiger78
quote:quote:
If it’s at zero percent I’m financing as long as they’ll let me
quote:You realize that 0% financing for an auto loan does not work the same way as those 0% interest for 12 or 24 month promotions that furniture and electronics stores offer, right?
That’s fine if you’re gonna pay more than the monthly minimum.
If you finance a car for 0% for 72 months and make the minimum payment on time every month, you will have paid the balance in full by the 72nd month and incur zero interest.
Those retail store 0% financing are really just credit cards with interest deferred. So if you don't pay more than the minimum each month, you won't have the balance paid in full before the 0% interest promo period ends and then you get hit with all that deferred interest. It doesn't work that way for car loans
Posted on 4/2/20 at 10:47 am to BreesyInBigEasy
quote:Maybe someone who works at a dealership can answer this, but how long do you think it'll be before dealerships start having issues with lack of inventory because manufacturers have shut down their factories and aren't building any new vehicles possibly for the next few months?
I think it’ll still be best to wait another month at this point
Posted on 4/2/20 at 11:18 am to Tiger Prawn
quote:
Maybe someone who works at a dealership can answer this, but how long do you think it'll be before dealerships start having issues with lack of inventory because manufacturers have shut down their factories and aren't building any new vehicles possibly for the next few months?
Supply and demand play into this. Demand is down because so many aren’t working, but supply is down also. May not see prices fall drastically at all during this time.
Posted on 4/2/20 at 12:09 pm to shiftworker
quote:
Demand is down because so many aren’t working, but supply is down also. May not see prices fall drastically at all during this time.
I know there is some truth to this...but dont let that sales guy feed you this. Its a buyers market IMO, walk in with that attitude he needs your sale...you dont need his car.
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