How I have scored invoice pricing with 3.99% APR on my 370Z?

GT-R man

Alright guys this mind seem like just an angry salesman talking, but let me give it to you guys straight.

How much does the average buyer of a 370z make an hour $15-30 bucks?

Ok now lets break it down to what Mr. Got a great F*in deal actually spent to get this great deal of his,.....

1st--- Invoice price.... on the computer for making that fancy letter and sending all the emails ----1 hour

2nd--- read all 8 different dealer websites looking for the sales manager name to email the offer ---to 2hrs

3rd--- Driving 150miles to and back from carmax doing the speedlimit
----2.5hrs
4th 3days of waiting for all emails ----72hrs

5th appraisal at carmax 1hr

6th gas to and from $25 bucks

7th application fee for credit union $20 bucks

8th and 9th application to nissan and local bank for rates -----1.5hrs

sum it all up you spend so far $45 dollars + 80hrs of your time and lets not count it + 2hrs to pick up your car at the dealer = 82hrs of work +$45 expenses.

avarege buyer makes $20per hour = 1600+ $45 = $1645 actual spent time you just wasted when you could have walked in to a dealer asked to see the invoice given an offers lets say 100 over invoice

Even if you had to stick it out with the 5.74% rate instead of the 3.99% rate how much more money did you save by doing your homework?

If you would finance the car for 60month and make every single payment you would end up paying $1540 in interest + 100 over invoice that you agreed to dealer making your total financing purchase $35,000.00
You spent $1640 which is 5 dollars less than if you would have done all your work... and if you make extra payments it could be even less interest paid and save you the time and hassle of doing all of this.

Now call the dealers do it your way... but on this one this guy got

What you lookin' at? You all a bunch of f***n' a**holes. You know why? You don't have the guts to be what you wanna be? You need people like me. You need people like me so you can point your f****n' fingers and say, "That's the bad guy." So... what that make you? Good? You're not good. You just know how to hide, how to lie. Me, I don't have that problem. Me, I always tell the truth. Even when I lie. So say good night to the bad guy! Come on. This is the last time you gonna see a bad guy like this again, let me tell you. Come on. Make way for the bad guy. There's a bad guy comin' through! Better get outta his way! "Tony Montana"

Dont hate the player hate the game if you can't handle the truth....

SoCal 370Z

You'll be happy to know that I have friends in the industry, and that my wife and I paid a fair price although we could have gone lower. Why? I used to be a total grinder, and it always paid off in the immediate, but never in the long-run. When issues such as warranty on large ticket items are reviewed by corporate (which they are) all factors are taken into consideration, being fair in the purchase price can really payoff in when it comes to warranty time. I support the dealer network as we still need them to buy a car, and to warranty a car. Hey, but that's just me...to each their own.

MD370Z

This is exactly the mentality that a lot of car salespeople have, and it's exactly what makes us hate them. People are just fed up with being told lies, misinformation, and screwy math when they go to a dealer. We all have been through this before, whether it is at Porsche, BMW, or Nissan. So doing the research on pricing, features, options, owner experiences, etc. is for our own protection and our own knowledge, because we cannot count on people like you. And as someone said before, it is almost enjoyable to work hard on something and get good results.

Izzoh

So basicly your say every hr of my day is equal to how much I make of work ??? I mean that a pretty dumb way to look at things it's like saying ... " F**k I fell alseep last night I'm already $120~$240 in the hole today!! " Did you even factor in that maybe he did this on Vacation or even at work thus he was actually getting paid of time. The only true I see expense is the drive/gas to Carmax and the Fee to Penfed.

Ronin06

GTR Man: Wow 8 hours using your calculation becomes 80 hours.

You state at 5.74% interest he would only pay $1540 in interest. Not sure what you assumed he was financing, but assuming 10% down. His interest payment would be $7,241.

Hmmm... 8 hours @ $20 per hour = $160 of effort for saving $1,622 and the initial cost of the car was lower as well. Looks like he did pretty well, even using your inflated numbers.