^^ lucky bastard, lol.. imma have to talk to him once I get approved for a car loan thru BECU

 

You're being raped with a sand paper condom!

U can get 0.9-2.9% on a TL now because of the great rates from AHFC. The 09 is comming out soon so the rates and incentives are pretty good. You're paying over sticker for an outgoing model....think about it. You shouldnt have to pay more than 500 over invoice.
Make sure u go through Honda's bank (AHFC) and not some 3rd tier shit bank with high interest rates. Don't buy an extended warranty cuz u wont likely be keeping this car more than 4 years especially when the new one comes out. BTW honda doesnt allow dealers to make more than 2 percentage point on the rate so figure buy rate is 2 points less than whatever they tell you.
Honda also has a 4 tier credit rating. The 0.9-2.9% is available to tier 1 customers whos' credit score is 710 or above.
Tier 2 is 660-709, tier 3 is 600-659 and tier 4 is anything under 600.

In a nutshell, go in on the last day of the month, find out which cars they have in stock, don't test drive, offer invoice but dont pay more than 500 over invoice, dont pay any "fees"......price of car+destination+Tax+DMV and thats it, dont buy anything the finance manager has to offer including the warranty, make them show you your credit report and score, finance only through honda.
Be nice about it and tell them you will take your business elsewhere if they don't comply.
Happy shopping!

 

lol. i just got quoted 33890k for a TL-S and I still refused. I would agree if I go back and offer me 32500k or less.

 

haha...i got quoted in washington on a 08' TL Type-S for 34650 and i still refused i want to get something under 34,000 but dealers are just plain stingy!!!!!!!

 

You think you're getting lucky, but you're actually getting this:

 

Update:

I went back to Acura of Seattle and ripped up the deal to start fresh.. I told them some other dealer (Acura of Bellevue) was offering me an 08 TL (base) w/ Navi [NBP/Taupe] for $33.5.. Now AoS is offering me $33K-33.5.. imma try to have them go back and forth for the best deal for me.. Whats a good goal for me starting off? 32? 31?

 

you shouldnt pay more than 31k Just cut to the chase when you walk in there....tell them 31k is your number, if they tell you they cant do that then tell them you arent buying and start to thank them for their effort. They usually will move at that point

 

Just remember, the only real negotiating power you have is to walk away.

Decide what you think is a fair price (Not wishful thinking but fair to both). Tell the dealer that this is your price or you will walk and if they don't meet it... Walk away.

There are many other dealers out there.

Good luck

 

Am I the only one that is financially responsible here. I would never put myself in debt for a car, especially when you are only 18 (or any age for that matter). To me, when you need a loan....you are being raped, cause now you have to pay interest on a car that depreciates in value, it's a money pit which you have to keep throwing money at it to keep it running. Get in debt for something that dosen't make you money...make no sense to me.

The only time I'll even consider a loan for a car is if I can claim is as a business expense. Used/new, I'll pay for it in full (loan means I can't afford it)..only loan I have taken out was a mortgage.

 

Not many people have 30-40k just sitting in the bank to spend on a car. I could see if the car was 5k car getting a loan. I am very financially responsible and I got a loan. Sure it is a 48 month loan that I am going to be paying off 24 months but I got a loan. To say that people are not financially resposible for getting a loan is pretty stupid if you ask me.

If you have that kind of money laying around could you tell me what you do for a living so I can do it as well.

 

To put himself in debt when he is starting his adult life, than yes.....stupid.
I bought used cars when I was 18 & save till I can pay for it in full each time & still do. Notice I said "WAS" in my mortgage loan statemen & I am not retired & still working. I am not rich, just have some financial sense...earn very $ just like every one fo you.

 

When I was 19 I bought a new car and I still have it today. I finaced it and am glad I did. Sure it was a $15k car not $30k but I did finace it. The purchase of that car help me to build my credit very quickly and today I have a 780 credit score. If he can get a good interest rate and pay it off early then he will not be paying to mucg in interest and building his credit score at the same time.

If he can afford the monthly payments and not go into debit then I do not see how it could be a bad thing.

 

In full agreement with you!! You do sound like you are financially responsible. I still have a car that is 23 years old in mint condition...waiting 2 more years for a collectors plate.

I can still remember that kid came in here crying fowl because his mom got him a brand new TL & NOT a TL-S.

 

i was gonna pay in full until i realized i can make more $ with the $ on other investments than the interest rate i am getting on the loan. call me foolish, call me irresponsible.