Got MY NEW FRS!!! But...
 

After so long of waiting i finally got my new FR-S but i feel like the dealer is ripping me off a bit. I got the base FRS black with only a spoiler added. they want me to pay $484 with nothing added, mind you i don't have a bad credit score but they want to give me a 7%. The finance guy told me it might change on Monday depending on what the bank replys to the offer ( i signed for the car yesterday, Saturday. Banks Closed). They also told me the bank might make it cheaper. I left my tC at the dealer ship because they are waiting for me to give my car to carmax and to bring back the check to them. Should i back off? should i hold the check so they are forced to change the price a bit? the car is $25,800, $484 seems like a lot to me.

How old are you? 484 seems high. I think about an extra 100 markup. 7 percent is ridiculously high. If your credit is as good as u think it should be less than 2. Check out penfed.

How many months is the contract?

72 months

I am 26 years old and a new grad Nurse. I was looking for under 4%.

You're being screwed by your dealer. After it's all said and done, you will pay $35K for a base FR-S. I'd look somewhere else.

totally getting screwed. You can spend $20 bucks, sign up for penfed and get a 1.74% loan....

Yep, secure your own financing. When I financed mine the dealer told me 4% and I brought in a printout from BofA for 1.9% and they magically matched it.. Also how much are you putting down??

Im putting 3.5k down. Damn it! ok i calling the finance guy!

that might have something to do with it. Some loans require 20% down to get a lower rate..but not always. Definitely do some more homework. 7% is a no-go.

check at your bank or local credit union. dealer tried to screw me the same way too.

I financed mine only because my credit is piss poor from never financing anything. I still got 5% on mine. You can negotiate intrest rates my bank said 6.5% but when I said screw it I'll just pay cash they did the whole let me talk to the manager routine and got me down to 5% so I would finance it.

Sent from my Q10

That number is crazy regardless. Seeing as though your in Miami which dealer are you trying to work with?

What is your out the door price of the car too??