trade in question.
#1
PACDAT
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TRADE IN QUESTION?! PLS HELP
Ive decided to jump ship to a CLS 6spd. But still negotiating with the dealer. I still owe the bank $20000CDN on the car, and $19000 Aug 1st.
The dealer is giving me a "best offer" of $748(after tax)/month for 60month finance with my trade in. Rate is quite low 3.8%.
I was looking at around $650/month.
What is a good figure to negotiate to reply to their offer? any strategies i should use? maybe wait till the end of the month?
I know I will be taking a hit, but its just a piece of mind driving a "reliable" 6spd rather than the notorious Auto tranny, which I just got replaced 2 weeks ago. I also would like to minimize my loss as much as possible.
Any input will be appreciated.
Thank you
The dealer is giving me a "best offer" of $748(after tax)/month for 60month finance with my trade in. Rate is quite low 3.8%.
I was looking at around $650/month.
What is a good figure to negotiate to reply to their offer? any strategies i should use? maybe wait till the end of the month?
I know I will be taking a hit, but its just a piece of mind driving a "reliable" 6spd rather than the notorious Auto tranny, which I just got replaced 2 weeks ago. I also would like to minimize my loss as much as possible.
Any input will be appreciated.
Thank you
#4
Re: TRADE IN QUESTION?! PLS HELP
Originally posted by jucee187
Ive decided to jump ship to a CLS 6spd. But still negotiating with the dealer. I still owe the bank $20000CDN on the car, and $19000 Aug 1st.
The dealer is giving me a "best offer" of $748(after tax)/month for 60month finance with my trade in. Rate is quite low 3.8%.
I was looking at around $650/month.
What is a good figure to negotiate to reply to their offer? any strategies i should use? maybe wait till the end of the month?
I know I will be taking a hit, but its just a piece of mind driving a "reliable" 6spd rather than the notorious Auto tranny, which I just got replaced 2 weeks ago. I also would like to minimize my loss as much as possible.
Any input will be appreciated.
Thank you
Ive decided to jump ship to a CLS 6spd. But still negotiating with the dealer. I still owe the bank $20000CDN on the car, and $19000 Aug 1st.
The dealer is giving me a "best offer" of $748(after tax)/month for 60month finance with my trade in. Rate is quite low 3.8%.
I was looking at around $650/month.
What is a good figure to negotiate to reply to their offer? any strategies i should use? maybe wait till the end of the month?
I know I will be taking a hit, but its just a piece of mind driving a "reliable" 6spd rather than the notorious Auto tranny, which I just got replaced 2 weeks ago. I also would like to minimize my loss as much as possible.
Any input will be appreciated.
Thank you
In January, I had an '01 CLS with 31k I traded in for an '03 CLS 6sp (fully loaded: Nav/OnStar, Spoiler, Moon Roof Visor, Mud Guards, Network Car Tracking, Paint and Int. Treatment, Ext. Warranty). The dealer paid my loan off ($18,750), covered all the closing costs and leased new car through America Honda Finance Corp at $624/mon for 48 months. So I drove my old car to the dealer and left with a new one with no out of pocket expense. Pay off on lease after 48 months is ~$14k.
Keep in mind, they really want to unload these cars so don't give in too easily. I haggled with them for over 3 hours before closing the deal.
#5
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CLS - thanks..
Fukk i wish we had NAVI here in canada. It makes the interior look so much nicer.
Yeah my negotiations with the dealer has been through emails. I will go in and make a personal visit soon.
The only shitty part is i will have to remove my mods before trading in b/c he prefers it stock.
Fukk i wish we had NAVI here in canada. It makes the interior look so much nicer.
Yeah my negotiations with the dealer has been through emails. I will go in and make a personal visit soon.
The only shitty part is i will have to remove my mods before trading in b/c he prefers it stock.
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