How to make the dealership bend over backwards?

[Giccin]

Originally Posted by MatadorRacing_F1

If you are helping your folks pay for the house, you could refinance and consolidate your debt. With the market as f'ked up as it is, the banks might bend over and give you a ridiculously low interest rate. So you go to one payment

It's something worth looking into. I did that when I bought my first car close to a decade ago ...and as I say that I suddenly feel very old....

Sweet. Thanks Mata. :happy0180:

[JFC]

If i was in your situation, totally clear your debts before you do anything.

Paying off 1 car and saving for another just doesn't work sorry
Well is does but its pointless.

Except the fact you have a car with terrible resale value and move on, don't save and pay back a loan at the same time, smash that loan until your ready the sign the dotted line for the FT, then trade the yaris in for the FT86.

Personally i think a trade in is possibly worth more too the dealership then cash. Especially if its a real clean and tidy unit.

But the idea is too be debt free when the FT is released :happy0180:

[sfwg]

Originally Posted by JFC

If i was in your situation, totally clear your debts before you do anything.

Paying off 1 car and saving for another just doesn't work sorry
Well is does but its pointless.

Except the fact you have a car with terrible resale value and move on, don't save and pay back a loan at the same time, smash that loan until your ready the sign the dotted line for the FT, then trade the yaris in for the FT86.

Personally i think a trade in is possibly worth more too the dealership then cash. Especially if its a real clean and tidy unit.

But the idea is too be debt free when the FT is released :happy0180:

Hopefully i may wait till i make SSgt cause in all actuality this is gonna just be a new dd till the warranty voids.

[enc0re]

To the OP: take it to Carmax to get a realistic price. Also, pay of this loan as quickly as possible. There's no way your savings will earn a higher rate of return at a reasonable risk. Refinance with PenFed ASAP.

[Jpe$]

I would like to echo what others are saying. a dealer isnt going to give you more for your car if you have more down. they might try and make it seem so but like every one else seems to be saying is that if you took what you plan to have as a down payment and put it into what you owe now, and keep putting in what you would be saving i'b bet its paid off before the fr-s is for sale. you'll have way more options with a paid in full car imo, and more haggle room if you say i could take the thing to carmax right now and get X dollars for it or sell it privately for even more then you might be able to get more out of it from the dealer.

look at it this way if you say you'll owe about 7k on your car next year and have 6k saved for a down payment you'll basicly have a -1k down payment. the reason is the dealer would have to payoff you old loan for 7k. they might say offer you 3k-4k trade in. that would put you at a 2k total down payment. now with a paid of car you could say you might be able to sell it for 7k privately or at a place like carmax for 4-5k if your lucky. thats where you would have haggle room if they want to give you 3k for a trade but you could easily get more else where they wont be able to make any money off of your trade in if you don't trade it in so they might be willing to offer you 1k or more trade in or on a rebate else where. plus i would imagine that if your owing 9k right now your likely paying 350 or more a month. if you paid it off in 6 months or less by droping every last dime you can into it you could still have almost 3k or more cash saved in just car payment money you don't have to pay anymore because you paid it off early. i would think you could be looking at a close to 5k down plus trade in. you could be looking a a total down payment of more than 9k if your lucky.
good luck with your new car.

[Mari0]

not to thread jack, but I have a question myself. I have a paid off Scion tC '07. Do you think that the toyota/scion dealer will give me a good trade-in price since I am replacing it with an FR-S aka another scion (We also have 3 cars from that dealer), or will selling it privately always bring in more $?

[Snaps]

They'll give you more for the car just because you're taking a Scion to a Scion dealer as opposed to taking it somewhere like a Subaru dealer, but it's probably still better selling privately.