Quote:
Originally Posted by skiiipi
Unfortunately when you have to fiance a car, the interest rate makes a big differance on the total price, and cost does make a differance to a lot of people.
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Yea I know... I finance for a living...
The way I see it is (And people may not agree with this but): Check out/research cars that you can see yourself driving. Weigh the pros and cons of each car. Warranty, reliabililty, saftey, features, performance etc. Completely ad every cent up, price, fees, taxes, interest until you have a final number. Then compare this number with the numbers from the other similar cars, and then weigh you options. Is $24,000 for the extra performance worth it? Is $20,000 for a safer drive a better option? Etc...
Every manufacturer marks their vehicles up differently, from the parts they use, from the factory and from the dealership. I find it weird that people will consider a car because, "oh shit, the current rate is 3.9%!" On a $20,000 car, thats approx. a savings of like $1500 maybe compared to a normal rate., if you pay it off within a reasonable amount of time. The majority of companies just ad in a couple grand to the bottom line, and then pay the bank to give the specials rates anyways.
Hell if you guys just want to save money off the sticker price I can mark my cars up $10 grand more before you come in if it makes you feel a bit better.....