Advice buying an fr-s with cash? - Page 2 - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

k.houan · 12-08-2013, 12:08 AM

So I should go in without giving them knowledge of how much cash I'm willing to spend and just let them arrange financing? My credit isn't very good and I'm sure the finance would be terrible. Should I just take that and pay it off? Also, I want the car NEW is this possible for a 2013?

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chulooz · 12-08-2013, 12:22 AM

Quote:

Originally Posted by k.houan

Also, I want the car NEW is this possible for a 2013?

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Yes, it could help you bargain a lower price. However; your resale value will be lower than if you got a '14.

N1rve · 12-08-2013, 12:29 AM

If you're buying a new scion FRS, they will not go lower than the posted price (not MSRP), I got my FRS 1500 below MSRP. 27940 or something because theres a clearance for the 2013. After taxes, I got it for 30,XXX.

I would rather buy the FRS in a full out cash payment because financing the car means more money for the dealer as Scion's Pure Pricing will not allow them to go below the posted price.

If you pay for the full cash amount, the dealer doesn't earn money from interest.

If you have poor credit, do not finance the car, the interest rate is roughly 15% for poor credit people.

Just go into the dealership, find the car you want, sign the papers, pay for the car, drive off.

There are no negotiations to be done. Avoid all the extras...they offered me a 1000 dollar plan for an additional 2 years of maintenance.... wow LOL

calmtigers · 12-08-2013, 02:28 AM

Also from Clovis/ Fresno area!

#1 Go to Micheal Toyota; they sell shit tons of cars and are the ones who aren't going to pull bullshit tricks. (experience my family bought 3 cars from there, freinds have bought a few there as well)

The other guys are terrible, and will have you waiting around.

Also I'd suggest making a large down and then do payments for tax purposes always nice way to boost credit and show expenses

GL dude, hopefully I'll be picking up a white 6MT soon too!

suaveflooder · 12-08-2013, 02:36 AM

If you are trying to keep it as cheap as possible, buy used. Buy from someone who just bought the car and realized they "made a mistake" for some reason. That will help with some of the depreciation and that will be about as cheap as you can get one.

I also like @chulooz idea except for with bad credit like you mentioned you had, you won't get a low enough interest rate to justify not just buying it out right or paying it off in a year (this will build up credit quickly). If you choose to go payments, find a credit union to get a better rate. DO NOT go through the dealer.

subwaynm · 12-08-2013, 02:47 AM

Quote:

Originally Posted by k.houan

Haha. But i don't believe they have the exact car I want at my local dealer, would I be able to order one to my specs? How does this work? And any idea on out the door price with no options? I'm hoping to get one for 25k or less.

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Google an Auto Broker tell him about the car your looking for and that you'll be paying cash and sit back and wait a few days. He'll come back to you with the car you desire for a price the Dealer won't touch.

Rio · 12-08-2013, 03:13 AM

You are going to face the "Pure Price" Scion policy. http://en.wikipedia.org/wiki/Scion_(automobile)

Turbo95eg6 · 12-08-2013, 03:39 AM

Walk in, throw money in the air and pimp slap the dealer

sprintertrueno86 · 12-08-2013, 03:49 AM

Walk in and be like

jdm-az-fuk · 12-08-2013, 09:20 AM

Ill sell you my firestrom with only 4k miles for 25.5k. I owe 26.5 but ill take care of the difference. Car has been garaged and babied since day one. Never seen rain, only Florida weather.

utekineir · 12-08-2013, 09:35 AM

Quote:

Originally Posted by sprintertrueno86

Walk in and be like

MSIZZLE · 12-08-2013, 09:44 AM

cash means nothing at a car dealership, if anything it hurts you. Also scions are 1 price only so close this thread and move on...

lickitysplit · 12-08-2013, 10:12 AM

Quote:

Originally Posted by MSIZZLE

cash means nothing at a car dealership, if anything it hurts you. Also scions are 1 price only so close this thread and move on...

Unless of course he wants to add options to it.

Grip Ronin · 12-08-2013, 10:15 AM

if you make payments u can build up your credit faster.. but you wont get a good rate. id just pay it a year then pay it off...

12-08-2013, 10:15 AM	#28
Grip Ronin The Mechanic Join Date: Mar 2012 Drives: Civic Turbo,FR-S Location: NJ Posts: 928 Thanks: 130 Thanked 171 Times in 119 Posts Mentioned: 2 Post(s) Tagged: 1 Thread(s)	if you make payments u can build up your credit faster.. but you wont get a good rate. id just pay it a year then pay it off... __________________ IG-Joey_Soul Progress Thread Ported billet 20G

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12-08-2013, 12:29 AM	#17
N1rve Senior Member Join Date: Oct 2013 Drives: 2019 BMW ///M4 Location: Los Angeles, CA Posts: 2,332 Thanks: 102 Thanked 1,167 Times in 714 Posts Mentioned: 28 Post(s) Tagged: 0 Thread(s)	If you're buying a new scion FRS, they will not go lower than the posted price (not MSRP), I got my FRS 1500 below MSRP. 27940 or something because theres a clearance for the 2013. After taxes, I got it for 30,XXX. I would rather buy the FRS in a full out cash payment because financing the car means more money for the dealer as Scion's Pure Pricing will not allow them to go below the posted price. If you pay for the full cash amount, the dealer doesn't earn money from interest. If you have poor credit, do not finance the car, the interest rate is roughly 15% for poor credit people. Just go into the dealership, find the car you want, sign the papers, pay for the car, drive off. There are no negotiations to be done. Avoid all the extras...they offered me a 1000 dollar plan for an additional 2 years of maintenance.... wow LOL

12-08-2013, 02:28 AM	#18
calmtigers Senior Member Join Date: Oct 2013 Drives: 2014 Whiteout TRD FR-S 6MT Location: Fresno / DTLA Posts: 928 Thanks: 628 Thanked 376 Times in 214 Posts Mentioned: 8 Post(s) Tagged: 0 Thread(s)	Also from Clovis/ Fresno area! #1 Go to Micheal Toyota; they sell shit tons of cars and are the ones who aren't going to pull bullshit tricks. (experience my family bought 3 cars from there, freinds have bought a few there as well) The other guys are terrible, and will have you waiting around. Also I'd suggest making a large down and then do payments for tax purposes always nice way to boost credit and show expenses GL dude, hopefully I'll be picking up a white 6MT soon too!

12-08-2013, 02:36 AM	#19
suaveflooder Senior Member Join Date: Feb 2013 Drives: 2013 FR-S Location: San Diego Posts: 2,295 Thanks: 2,708 Thanked 1,052 Times in 664 Posts Mentioned: 29 Post(s) Tagged: 0 Thread(s)	If you are trying to keep it as cheap as possible, buy used. Buy from someone who just bought the car and realized they "made a mistake" for some reason. That will help with some of the depreciation and that will be about as cheap as you can get one. I also like @chulooz idea except for with bad credit like you mentioned you had, you won't get a low enough interest rate to justify not just buying it out right or paying it off in a year (this will build up credit quickly). If you choose to go payments, find a credit union to get a better rate. DO NOT go through the dealer.

12-08-2013, 03:13 AM	#21
Rio Senior Member Join Date: Nov 2013 Drives: 2014 Scion FR-S ハチ Location: Portland, OR Posts: 1,048 Thanks: 744 Thanked 390 Times in 241 Posts Mentioned: 131 Post(s) Tagged: 0 Thread(s)	You are going to face the "Pure Price" Scion policy. http://en.wikipedia.org/wiki/Scion_(automobile)

12-08-2013, 03:39 AM	#22
Turbo95eg6 Senior Member Join Date: Nov 2013 Drives: 2014 BRZ SWP LTD Location: The 503 Posts: 2,174 Thanks: 331 Thanked 2,266 Times in 858 Posts Mentioned: 18 Post(s) Tagged: 3 Thread(s)	Walk in, throw money in the air and pimp slap the dealer

12-08-2013, 03:49 AM	#23
sprintertrueno86 Senior Member Join Date: Feb 2012 Drives: 2018 BMW M2 Location: United States Posts: 729 Thanks: 1,851 Thanked 474 Times in 203 Posts Mentioned: 5 Post(s) Tagged: 0 Thread(s)	Walk in and be like

12-08-2013, 09:20 AM	#24
jdm-az-fuk Senior Member Join Date: Jul 2013 Drives: 2013 Fr-S Location: Orlando FL Posts: 143 Thanks: 14 Thanked 26 Times in 22 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Ill sell you my firestrom with only 4k miles for 25.5k. I owe 26.5 but ill take care of the difference. Car has been garaged and babied since day one. Never seen rain, only Florida weather.

12-08-2013, 09:44 AM	#26
MSIZZLE Member Join Date: Jul 2012 Drives: lexus es 350 Location: longisland Posts: 26 Thanks: 12 Thanked 2 Times in 2 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	cash means nothing at a car dealership, if anything it hurts you. Also scions are 1 price only so close this thread and move on...

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