Ok so my car pickup date has now been pushed back three weeks. I called the dealer today to ask if the financing paperwork is prepared before I arrive at the dealership or if the financing paperwork is prepared when I am there to pick up the car. So the dealer asks me why and I tell him due to the delay in the pickup date of the car, I might have more money to put down than I originally anticipated. So the guy tells me that I can't finance less than $30K, otherwise the rate that I was originally approved for (3.9%) will go up. This sounds like crap to me but I'm not that experienced so any assistance is appreciated. My concern is that I wanted my monthly payments to be as close to $500 as possible. If I put down $12K then I calculated my monthly payments to be $510. But if I was to only put down $10 or less then my payments would be over $550.

 

That's total B.S. Rate should be irrelevant of the amount you finance. You just missed the 2.9% special they ran during Memorial Day weekend. Try to time it for 4th of July weekend. They should be running specials again.

 

just curious if your paying 35k unless your upside down in a car. and you put down 12k your financing 23k. Your payment should be way lower than 500.00 unless your financing less than 60 months.

 

I'm getting the 6MT/Anthracite/Ebony/Navi/Aspec and the total car with Aspec is $37,299 plus dealer fees and taxes. I live in CT so the tax is 6%.

 

That sounds like BS to me. Who's the financing through? WHo's the dealer?

 

Financing through the dealer, Curry Acura, in Scarsdale, New York.

 

Yeah, but *who's* actually giving you the financing? Its not the dealer; its American Honda Finance Corp. or a bank.
If you think the dealer is BS-ing you then go to a bank (or credit union, if you have one at work) and get your own financing. Is your credit good?

 

American Honda Finance Corp is giving me the financing. The financing was co-signed for by my father and his credit is FANTASTIC

 

Then don't put up with that crap.
Tell the salesman that you'll go to the bank and get your own financing and see what he says.
And if you have to do that its really no big deal.

 

I don't know for sure, but it doesn't sound like BS to me. I have financed many cars through my credit union, and they have always had step-down rates based on the amount financed. The rate at my credit union decreases for 20K and another decrease for 30K. These are published rates so I know it's not me just getting screwed.

 

First of all, that sounds like BS coming from the dealer. There are too many options and dealers out here so I would take my show on the road.

Second, it is INSANE to put down 12k let along 10K on a car. Put that towards your IRA, a house(if you don't have one) but I be dam if I put that much down on a car. Especially when cars depreciate like no other. Trust, it does not take that much down to have a 500+ payment.

 

The car with the Aspec is 37,299 plus Taxes and DMV fees and crap like that...

I've already calculated it a couple of times and unfortunately, to get a payment close to 500 a month for 5 years, I need to put down $12K

If you can find a finance calculator that tells you otherwise, please put me on to it

 

Her numbers look right to me. I used mortgage calculator on bloomberg.com.

Remember you need to add tax.

Financing 27,200 over 5 years @ 4% will give you a payment of about $500 per month.



Rachel

 

$37,299 + 6% sales tax less $12k downpayment @4.9% interest over 5 years gives you a payment of $518.40/mo. Tags should change that by no more than a couple bucks.

I have a spreadsheet I built for stuff like this (and houses, retirement, etc.). If you want a copy let me know.

And you're not crazy to put $12k down.

 

its funny, i live 5-10 mins from the curry acura dealership on central ave in scarsdale...i was their about 3 weeks ago and spoke to them about buying a car, seemed like they didnt want my business the guy just sat there as i told him to run some numbers for me, seemed like he didnt even care to do it...all i know is that they quoted me on the TSX with NAV $27,000 and on the acura TL with NAV $32,500......i think its the best deal out there on the acura at this point....just to let you know i had 2 friends go to curry acura....these are the stories....1st friend went to purchase the acura tsx, put a deposit it on it, they agree on the price, etc etc...he goes to pick up the car and and they tell him the rate is 5% meanwhile they agreed on 3.9%, long story short he took his deposit and bought it at the larchmont dealeship...my other friend went to purchase the acura tl with nav, they agreed on a price of$32,900 when he went to pick up his car they told him the car was $34,000, he was about to get up and leave when they finally agreed to give it to him for $32,900....curry acura has given me the best prices, i talked to other dealerships about curry and they said that they might not have added in the destination in the price, i think thats wrong,

by the way who did you deal with?????

im looking at the acura tl, closest monthly price with 8,000 down is like 490-500 i was thinking of leasing but i dont think i want to spend the money and have nothing at the end of lease....there lease they gave me was 3500 down 448 a month for 42 months

 

That is definetly total B :shit: . I got my finance rate when I originally wanted to put down $7k. A couple days later I told my dealer I want to put down $10K instead, and they said no problem. Rate stayed the same!!

 

Thanks for the positive comments.

STEWIE, can you email me the worksheet at legendarychic @ aol.com (no spaces)? Thanks in advance.

I spoke to them today and they told me that they can keep the 3.9% rate now.

Although they offer the best price I would not refer anyone to them. This was my experience with them and I am going with them ONLY because money is my primary concern, and I understand that to many others GOOD SERVICE is much more valuable than saving a couple of bucks...:

First called when I was pricing the TL at 10 local dealers. The Internet Manager, Yuri, would not even give me a price. All he said was "get the quotes from the rest of the dealers. Once you know what the lowest one is, bring that in and most likely, I can beat it." Originally, I was pricing the 6MT TL with Navi and Full Underbody Spoiler and Deck Lid Spoiler. So I asked him for a quote on that and also a quote on the A-Spec with Install. His reply? "Why would you want the A-Spec, its only for 'enthusiastic' drivers... Are you sure you are an 'entusiastic driver'?" So at this point I was kinda pi$$ed but I let it go and moved on with my search. Once I got my lowest price, I called him, and sure enough, he was able to beat it.

So I went to the dealer to look at the car with my parents since my father is co-signing on the loan and the car is going under his name so my insurance won't be so much... and I put a deposit down on the car that I was told was refundable. A week later I was having second thoughts for two reasons, 1. I was getting a very uneasy feeling about the dealership itself (kinda like the used car salesman feeling), and 2. I was able to get a local dealer to match and it ended up being a better deal due to free oil changes for the life of the car and free 6 month 6,000 mile warranty extension. So I called Yuri, who I signed the order form with, and he told me that he couldn't approve a deposit refund and that I needed to speak with the Sales Manager, Patrick. So I called Patrick and he wasn't very cooperative at all. Basically he was like, "You left the deposit, its not refundable, you signed something that said non-refundable, so sorry I can't help you. " He told me to think about it and call back the next day since I would probably have changed my mind and I called back and told him that I changed my mind, and again, was told that I could NOT get my deposit back. So I was so frustrated at this point I had a family member call and my family member was told by the receptionist there that she'd never heard of someone not getting their deposit back and she didn't know why I was being told that. So I called and asked to speak to the General Manager, Mike, and he was basically like Patrick. So I kept calling back and told Mike that I was not comfortable with his dealership and that is the reason I was changing my mind about the car, since we ARE talking about a very big purchase here... So finally Mike calls me and tells me that he's going to refund my deposit and that he's going to offer a $500 discount of the negotiated price of the car and a $500 discount on the negotiated price of the A-Spec. Ok so that did sway me to stay with them but there is more....

I was supposed to pickup the car no later than June 15th and I still don't have it. Yuri tells me that there is probably an additional two week from today delay and that the care is in, but the A-Spec complete package is not. He said their was a shortage on the side and rear underbody spoilers in Anthracite and that he was able to get the front underbody spoiler from another dealer out West...

So I try to use this delay to my advantage and tell him that I should benefit from this in some way, perhaps free trunk tray and wheel locks. So Yuri tells me that he can't "throw them in" but can get me a great deal on them. This was the deal he gave me, and hold onto your seats:

And I QUOTE: "The trunk tray is 'worth' $250 but I'll sell it to you for $200 and the wheel locks are worth $79 and I'll sell them to you for $50"

Anyone that has priced the TL online at Acura.com knows that the trunk tray retails for $99 and the Wheel locks retail for $49. He was totally trying to rape me on the price and tried to tell me that that was the best he can do. Meanwhile, on curryacura.com under TL accessories, you can purchase the trunk tray for $84 and the wheel locks for $39.

In addition, you guys already know the story about the financing issue with them ("I can't give you the 3.9% rate you were approved for unless you finance over $30K. If its under $30K, expect your rate to increase.")

All in all, my point is that they are SUPER SHADY and that is a really good reason NOT to go with them. If I hadn't already put down the deposit on the A-Spec to have them install all the Aspec stuff so I can get my car ASAP I probably would have just given up on buying the TL just because of my horrible experience with them.

Maybe its because I'm female but the other guy that replied to this post seemed to have negative experiences with them also.

Oh, and another thing.. You better believe I'm going there with a checklist and if I'm not 150% satisfied I'm walking... They better not try to change the rate or the price of the car on me...

 

Wow, thanks for sharing that with us. And from all the good things I've heard about Curry, I thought I finally found a dealership worth working with.

I hope someone from Curry is reading this because you probably just lost a future sale...

There's nothing worse than a lying car salesman. No wait, a General Manager who not only condones such practices but engages in them himself. You should be ashamed of yourselves, Curry Acura!