THANK YOU F&I GUY!!!!

[BizCredit]

I "Got" the car @ 6.99 , $459 a month... Now, this does not include the 100,000 warranty... nor the small change i was going to put down...

 

So I lowered the payments $40 per month from my original quote!!

 

so... unless I missed something...

 

Total Amount Financed is Like $31,500

Its a balloon.. SmartBuy... residual is $17,000?? I told ya earlier, I don't find the paper now...

 

It's a 48 Month Balloon w/leaslike payments (plus $20 more for taxes..)

 

So unless I'm getting screwed royally somewhere, Did I get a good deal? They want to date the deal today, "retail contract" the car to honda in my name today, and are fedexing me the docs which they want back monday.

 

Does this make any sense?? Did I miss something?

 

At Honda.com the financing specials I found were all on the 2003's... this is a 2004.

 

I was supposed to recieve the paperwork today in the mail via airborne express.. it did not arrive... I wonder if they feel that they want "out" and did not send the paperwork? Or perhpas it will arrive tomorrow?

 

Thanks so Much for all your help!!

 

:idea: :idea: 8) :idea:

[the F&I car guy]

6.99% sounds like a good deal...and you can't beat a $449 payment on a $31000 car w/0 dwn.....looks like you got about another $1000 in savings.....told ya end of the month is the BEST TIME TO BUY....CONGRATS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[BizCredit]

$459 is my payment... did you mean that I should be paying even less?

 

thanks!

 

(above post was edited..)

[the F&I car guy]

no...i fixed it...you did great!!!!!....i thought it was no computer for you TODAY?????

[BizCredit]

until nightfall...... from sundown to sundown....

[the F&I car guy]

well you were missed ...welcome back

[BizCredit]

[the F&I car guy]

hope that guy had GAP insurance!!!! LOL

[stevefromny]

wait $459? i assume u took something like a 72 month lease?

[the F&I car guy]

wait $459? i assume u took something like a 72 month lease?

 

he did a 48 month...no $$$$ down

[stevefromny]

wait $459? i assume u took something like a 72 month lease?

 

he did a 48 month...no $$$$ down

but he said Total Amount Financed is Like $31,500 .... $459 X 48 = $21984??? If I plan on buying an 04 WRX (27k out the door), with my scores (Im an AU now on 5 cc's with about 20-30 years of good history so maybe they've gone up what do u think??) now, so is there some kind of math in there that is giving me different numbers? I figured that if I got lucky and got a 6.9% apr (do u have an estimate to ur experience?), and then put 5 grand down (do i even need to put that much down?) then I'd be looking at about 420-450 a month for 60 months!!! Am I adding wrong??

[the F&I car guy]

you have to remeber the residual on the vehicle.....on a 48 mo lease probably 40% or so....and honda has on of the highest residuals of all cars