Got MY NEW FRS!!! But... - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

Latiii · 07-21-2013, 10:24 AM

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.

Obsidiank · 07-21-2013, 10:39 AM

Quote:

Originally Posted by Latiii

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.

tmcmullins · 07-21-2013, 10:47 AM

How many months is the contract?

Latiii · 07-21-2013, 10:59 AM

72 months

Latiii · 07-21-2013, 11:00 AM

Quote:

Originally Posted by Obsidiank

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.

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

ihaskrayon · 07-21-2013, 11:21 AM

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.

Obsidiank · 07-21-2013, 11:23 AM

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

thill · 07-21-2013, 11:30 AM

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??

Latiii · 07-21-2013, 11:32 AM

Quote:

Originally Posted by thill

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!

Obsidiank · 07-21-2013, 11:34 AM

Quote:

Originally Posted by Latiii

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.

m.wood0213 · 07-21-2013, 11:57 AM

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

Accurate Race Shop · 07-21-2013, 12:02 PM

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

Tofu driver's Fr-s · 07-21-2013, 12:19 PM

Quote:

Originally Posted by Latiii

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.

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

thill · 07-21-2013, 04:19 PM

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

07-21-2013, 10:24 AM	#1
Latiii Member Join Date: May 2012 Drives: Currently I have a tC Location: Miami Posts: 47 Thanks: 96 Thanked 4 Times in 4 Posts Mentioned: 16 Post(s) Tagged: 3 Thread(s)	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.

07-21-2013, 10:47 AM	#3
tmcmullins Senior Member Join Date: Mar 2013 Drives: Scion FR-S Location: Rancho Cucamonga, CA Posts: 116 Thanks: 150 Thanked 68 Times in 31 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	How many months is the contract?

07-21-2013, 10:59 AM	#4
Latiii Member Join Date: May 2012 Drives: Currently I have a tC Location: Miami Posts: 47 Thanks: 96 Thanked 4 Times in 4 Posts Mentioned: 16 Post(s) Tagged: 3 Thread(s)	72 months

07-21-2013, 11:21 AM	#6
ihaskrayon The Comedian Join Date: Jun 2012 Drives: SWP BRZ Limited Location: Irvine Posts: 969 Thanks: 94 Thanked 642 Times in 266 Posts Mentioned: 12 Post(s) Tagged: 0 Thread(s)	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.

07-21-2013, 11:23 AM	#7
Obsidiank 10 Series Fanatic Join Date: Jun 2013 Drives: Scion FR-S 10 Location: Chicago Posts: 187 Thanks: 24 Thanked 112 Times in 54 Posts Mentioned: 2 Post(s) Tagged: 0 Thread(s)	totally getting screwed. You can spend $20 bucks, sign up for penfed and get a 1.74% loan....

07-21-2013, 11:30 AM	#8
thill Senior Member Join Date: May 2012 Drives: 2020 SS1LE (previous 13 BRZ owner) Location: North Pole Posts: 2,753 Thanks: 328 Thanked 1,463 Times in 802 Posts Mentioned: 20 Post(s) Tagged: 0 Thread(s)	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??

07-21-2013, 04:19 PM	#14
thill Senior Member Join Date: May 2012 Drives: 2020 SS1LE (previous 13 BRZ owner) Location: North Pole Posts: 2,753 Thanks: 328 Thanked 1,463 Times in 802 Posts Mentioned: 20 Post(s) Tagged: 0 Thread(s)	What is your out the door price of the car too??

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