Deal too good to be true?

UNKNOWN_370 · 10-03-2011, 01:59 AM

Quote:

Originally Posted by jaxxx

Really? 7 years? ... Lol. 5 years should be avg, I really think anyone should down half the price on any car atleast. Don't try to buy a car you can't afford .

You know nothing of car buying. You either put no money down or pay the whole thing. Any other way you are getting raped. I guarantee you, if you pay half a car up front? You are losing G's. And lastly, don't play high and mighty with those affordability comments. Its tacky.

birdmanx1 · 10-03-2011, 06:58 AM

Quote:

Originally Posted by chuckd05

you really think "most" people on here put down 50-75 percent on the car... i certainly don't

you got a base AT? so invoice should be around 29000 I think? or a sport? I would see if you can try to get your rate down enough to swap it to a 6 year and keep a similar payment...

what was odd with my latest car, when i offered to buy an extended warranty they had wiggle room in my interest rate... it went from 5.9 on a used car to 1.9 and almost negated the cost of the warranty.. my payment went up 12 dollars a month for a 100k bumper to bumper warranty because they magically played with the interest rate on a 5 year used car loan...

A lot more people have their Z pretty much paid for or with plenty of equity going by numerous threads you've more than likely come across. Moreover, I know plenty in the MidA crew in that situation... so yes, I think "most" people on here put down significant down payment on the car.
Chuck, you noted 5.9 rate on a $29000 for 6 years which ends up being over $10000 interest just on the loan, that's huge. OP, please consider going with a shorter loan period and get it out of your way.

Red__Zed · 10-03-2011, 07:22 AM

Quote:

Originally Posted by UNKNOWN_370

You know nothing of car buying. You either put no money down or pay the whole thing. Any other way you are getting raped. I guarantee you, if you pay half a car up front? You are losing G's. And lastly, don't play high and mighty with those affordability comments. Its tacky.

Not sure if serious.

Lots of people get great deals paying that way. I bought my Subaru with half down, you can check with phelan to see what kinda deal I got on that...$500 under invoice with snow on the ground, only wrx within 100 miles. I've only seen a handful of pepole do that well since.

Having seen the prices you paid for your car, I'm not sure I'd be telling people they "know nothing"....Besides, it's uneccesarily combative and isn't helpful.

birdmanx1 · 10-03-2011, 07:32 AM

Quote:

Originally Posted by Red__Zed

Not sure if serious.

Lots of people get great deals paying that way. I bought my Subaru with half down, you can check with phelan to see what kinda deal I got on that...$500 under invoice with snow on the ground, only wrx within 100 miles. I've only seen a handful of pepole do that well since.

Having seen the prices you paid for your car, I'm not sure I'd be telling people they "know nothing"....Besides, it's uneccesarily combative and isn't helpful.

+1 Say it as it is Red.

victort · 10-04-2011, 01:31 AM

Quote:

Originally Posted by birdmanx1

+1 Say it as it is Red.

i agree with red zed too. why pay so much interest on a rapidly depreciating car?

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Is this a good deal?	bradcc	Nissan 370Z Pricing / Ordering Discussions	4	11-04-2010 11:00 AM
2009 370z Good Deal or Bad Deal	Thimling	Nissan 370Z Pricing / Ordering Discussions	6	08-30-2010 10:11 PM
Used 370z - too good to be true?	Corbitt	Nissan 370Z Pricing / Ordering Discussions	21	08-14-2010 12:11 AM
Just purchased one! (good deal or bad deal?)	VancouverZ34	Canada	1	12-30-2009 01:27 AM
Good idea to install an X-Pipe on the Stillen true dual CBE?	bostic220	Intake/Exhaust	2	06-26-2009 06:55 PM