Buying new truck
- Thread starter Eric
- Start date
Thanks for the advice guys. Credit union trick sounds good 
To be honest, the only credit I have at all is 60 months in which my father co-signed for me on my car. My FICO is about 712 or 714.
On a side note, the auto repair shop called me and said he was suprised as hell that my insurance company didn't total-out/salvage my car by now. He asked me if the inspector cranked on the car and I told them they didn't. Rod is all bent out of whack and said replacing the engine would be more than the value of the car and would call the insurance company back. So I'm waiting to see what the insurance company says...
To be honest, the only credit I have at all is 60 months in which my father co-signed for me on my car. My FICO is about 712 or 714.
On a side note, the auto repair shop called me and said he was suprised as hell that my insurance company didn't total-out/salvage my car by now. He asked me if the inspector cranked on the car and I told them they didn't. Rod is all bent out of whack and said replacing the engine would be more than the value of the car and would call the insurance company back. So I'm waiting to see what the insurance company says...
tripp
MASTER SHAKE
The dealership is limited to the amount of profit available to them on an employee pricing deal. Only way to make up profit for them is to try and undervalue your trade in..(which you dont have so that will not work) or make it in the back with the f&i department.
A little on rate a warranty and some credit life and accident and health and the profit margin is back up.
A little on rate a warranty and some credit life and accident and health and the profit margin is back up.
You're absolutely correct.john tripp said:
I did originally put a 'trade in' in the deal. And they ony wanted to give me $3000 when the KBB is a little bit over $4000 (before it got flooded out).
I will be bargaining in the extended warranty and re-tinted windows but you bet your ass I'll decline that rip-off 'life insurance' crapola.
I now have a sheet printed out I take with me that has all the rates/mos/costs in a little table for reference while I'm out looking. Anyone know the APR formula off-hand?
scottsins
Official BOTL Consigliere
there's no such thing as a japanese truck!
kidding to all toyota truck owners. seriously though, vipe, you're a Texan.
Looks wise, I think that Dodge trucks are tops. also you could go for one of these, for the most "protection":
http://www.truckcityford.com/Commercial.aspx
commercial pickup. likely gets about 3 mpg.
kidding to all toyota truck owners. seriously though, vipe, you're a Texan.
Looks wise, I think that Dodge trucks are tops. also you could go for one of these, for the most "protection":
http://www.truckcityford.com/Commercial.aspx
commercial pickup. likely gets about 3 mpg.
GuyMcBeerdrinker
poonsmith
sounds like the finance guy is trying to fuck you. I wouldn't put it past them. when I was in college one of my room mates bought a car. they were charging him like 8%. a few days later another friend called me and asked "hey did travis just buy a new car?" "yeah, how do you know?" "well I work at the dealership, and I was doing some paperwork and saw his name. does he know he got approved for 5.9% and they are charging him 8%. you never heard this from me but he needs to have that shit straightened out"
my friend at fmc wouldn't be able to do anything, they/he deals directly with the dealerships. I believe he's the one that actually finances the purchases of the cars from the factory to the dealerships, so he doesn't deal with customers. he can get you an x-plan price, that's about it. right now you can get a-plan (which is better than x-plan) from the dealership.
if I were you I would have gone to a different dealership. give dub miller a try.
my friend at fmc wouldn't be able to do anything, they/he deals directly with the dealerships. I believe he's the one that actually finances the purchases of the cars from the factory to the dealerships, so he doesn't deal with customers. he can get you an x-plan price, that's about it. right now you can get a-plan (which is better than x-plan) from the dealership.
if I were you I would have gone to a different dealership. give dub miller a try.
With the GM deals going on now I'm getting a 2005 Chevy HD 3/4 ton diesel crew cab for less than my 2002 cost me. With this employee pricing my buddy who owns the dealership sold 39 of 40 3/4 ton diesel and larger trucks this month and over 100 1/2 & 3/4 ton gas models. He also says the extra ins. and extended warranty is where they make the money.
PetersCreek
Brother Borealis
Here's my recently purchased (April 29th) Dodge 1500 Quad Cab with Hemi...
The mountain was part of the optional Alaska package. Haulin' that hunk of rock around even gives the Hemi a workout.
There's a lot of good information out there on the net about buying a new vehicle...things you need to know that a dealer doesn't want you to know. It really helped me out. I the deal for about 3.5% over invoice, then knocked off for the factory-to-consumer rebate. Decline the extended warranty and bought my own for half the price.
The mountain was part of the optional Alaska package. Haulin' that hunk of rock around even gives the Hemi a workout.
There's a lot of good information out there on the net about buying a new vehicle...things you need to know that a dealer doesn't want you to know. It really helped me out. I the deal for about 3.5% over invoice, then knocked off for the factory-to-consumer rebate. Decline the extended warranty and bought my own for half the price.