robertrios

iTrader: (11)

i have a friend who is a broker and the way he does it is you tell him how much you want to pay for the car within reason and he does research and gets the car for less than that and he keeps the difference. So lets say a 250 is going for 44 and it shows up on edmunds that people are paying 42...you tell the guy youll buy it at 43 if he can find it for less and its what you want he keeps that difference since he is still getting you the deal you want. He also does it on % fee basis. It really depends on what the buyer wants to do and what gives them peace of mind i guess.

dasmokedog

CAUTION this is only true if you get a Simple Interest loan. Some loans are Rules of 78 and that means you pay all the interest even if you pay off early! If you keep the car for the entire length of the loan there is no diff between Simple Interest and Rules of 78, BUT if you decide to sell early rules of 78 will bite you in the **** and hard.

felixdang

that sounds like a good deal to me.. i wonder if theres any brokers here in grandville mi

lobuxracer

iTrader: (2)

I've never seen a car loan from a reputable lender that wasn't simple interest. I'd expect something like this from Titlemax, not from a legitimate dealership.

felixdang

If u wanna pay MSRP.. I'm not trying to pay what they want

MoeIS350

iTrader: (1)

If you have good credit, do NOT settle for what the dealer wants... I think your offer is reasonable, the best thing to do is wait, and shop around in other dealers... I had to drive 70 miles to a lexus dealership to get my car, they got me my CPO 44k miles for 21k out the door... I could of got it for less, but my credit is jacked up, I had to put 10k down as well.... I have a really high APR%, I got the letter from "chase" who accepted my loan, and I see my loan amount for 23k after my down payment, and for 60 months?? I was a bit confused, and I'm going to call the dealership and see why, but I have an idea and its cuz of the high interest rate perhaps... I only accepted this to rebuild my credit....

flektone

iTrader: (1)

you gotta walk back in the dealership and act like you have pair! walk in with a tailered suite and snake skin shoes. Slick your hair back and throw on a set of shades. act confident but not cocky. ask to speak to the sales manger. when he approaches you get right in his face and say "here's 43k in cash and im taking the car"

Dvo

iTrader: (5)

and then he gets escorted out by security while looking like an idiot in his snake skin shoes....still with no IS

simple

iTrader: (2)

Tell 'em u can make it rain as well, lol...

Slammer1

Going to the "sales manager" is not always the answer. I have dealt with quite a few in the past, that came off as the "buy here pay here" guy on the TV commercials. Here is what I would tell you to do. . . . Know what you are willing to pay for the car, know what your credit score is and how you intend to finance the vehicle (I rarely use the dealer's finance company), and then make your offer. It really is that simple. If they accept, you have a new car. If they don't, you either let them know that it is what you are willing to pay, and that they can call you when they can get closer you your "out the door number", or you take your offer to anther Lexus dealer. It isn't as though you have to drive 2 hours to the next dealer. People will tell you a lot of tricks and tips, but I have known people in the car sales business, and it really comes down to how bad they want to move the numbers. All dealers have kickback quotas and such, but it really is more a matter of being able to "work" the salesman/sales manager, to get the deal done. Always go into a dealership with the mentality that you are working them like salesperson, working them in the same way that they are working you. If you can't get the deal you want, walk away. Either that or you will regret it..... Everyone has done it both ways.

felixdang

hahahah yeh that prob would happen

felixdang

i do have really good credit which i work so hard for and to keep.. i dont wanna finance casue i just dont wanna pay interest.. now doing a little more research i think thats a pretty reasonable price.. plus now i have a few dealers working for my business im more in demand of what i want now i like how they are sucking up to me.. and just yesterday the first dealer i went to called me and ask if im still interested in the car..

i told him 43K now if u want my business cause i have a friend thats going to buy the same car by the end of march

im pretty sure there gonna call me at the end of this month so im not too worried.. i waited this long so whats another few weeks right. to get my first luxury car for the price i want

MoeIS350

iTrader: (1)

Exactly, trust me shop around, the wait is definitely worth it, like I said I went to multiple dealerships, they act like they don't want to work something out, and are "stuck" on their price, but they'll call back, I just ended up finding a good dealership that took my price... now its time to rebuild my credit as I finance, and once the car is paid off, time for a upgrade/trade in

Dvo

iTrader: (5)

....

felixdang

Yeh in not rich.. Im just an average job that was able to save up enough money to buy a nice car .