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Ford Five Hundred/Mercury Montego Prices Paid and Buying Experience - READ ONLY

149 messages,  Last post on Dec 08, 2007 at 11:24 PM

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What is this discussion about? Ford Five Hundred, Mercury Montego, Sedan


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#90 of 149
what do you guys think by poconosms1
Jul 20, 2006 (7:36 pm)
I've been looking at the 500 for over a month.
 
500 SEL AWD - has the moon roof, trip computer
 
Here's the latest deal
 
retail 27.675
savings 2000
rebate 1000
adj sales price 24675
 
at 70 months 1.9 I have a 388.37 per month payment
 
The first offer did not include the 2000 savings. Today they offered a 385 per month price. I countered with a 370 hoping to it or 375 per month.
 
The dealership is the number one sales dealership in PA Mcafferty, so I know they purchase below invoice. They had at least 8 500s on their lot.
 
Should I hold out for the 370-75?
#91 of 149
Re: what do you guys think [poconosms1] by luvmbooty
Jul 20, 2006 (9:43 pm)

Replying to: poconosms1 (Jul 20, 2006 7:36 pm)

A 2006 SEL AWD base invoice is $23,972. A moonroof cost them $779. Destination charge is $700. Rebate is $1,000. Add all this up and total cost comes to $24,451. I would try for $23,951. See if other dealers will beat their price.
 
How much tax do you pay in PA? How much down payment? Any trade?
 
NY state is 8.38%. If you put $5,000 down. No trade in.(Never trade, they will try and give you less than it's worth to make thier money back) 70 months with a 1.9 APR, your payments would be per month: $326
#92 of 149
Re: what do you guys think [luvmbooty] by poconosms1
Jul 21, 2006 (2:29 am)

Replying to: luvmbooty (Jul 20, 2006 9:43 pm)

no trade and no down payment.
#93 of 149
Re: what do you guys think [poconosms1] by luvmbooty
Jul 21, 2006 (7:17 am)

Replying to: poconosms1 (Jul 20, 2006 7:36 pm)

At $388.37 per month for 70 months with a 1.9 APR, your actually paying $23,455. If you hold out for $370 your actually paying $22,455. So your total savings would be $4,000 plus the rebate is $5,000 off retail. Sounds like a sweet deal!
#94 of 149
Re: what do you guys think [luvmbooty] by poconosms1
Jul 21, 2006 (7:48 am)

Replying to: luvmbooty (Jul 21, 2006 7:17 am)

that's what I holding out for. (actually, I'll probably buy at 375-380.
#95 of 149
Re: what do you guys think [poconosms1] by cccompson
Jul 21, 2006 (2:04 pm)

Replying to: poconosms1 (Jul 21, 2006 7:48 am)

While I hope I'm wrong, I don't believe they'll meet your terms.
 
Am curious as to why you aren't trying to buy this at zero percent for 60 months - at your already quoted price your montly payment would be about $410.
#96 of 149
Re: what do you guys think [cccompson] by poconosms1
Jul 21, 2006 (8:20 pm)

Replying to: cccompson (Jul 21, 2006 2:04 pm)

well, they offered 385, down $4. I told them 380 and I'll buy. The current car I own is 17 years old, 270k a six year loan is nominal for me at 1.9%. My wife's car I paid off in 4.5 years anyway.
#97 of 149
Re: what do you guys think [poconosms1] by poconosms1
Jul 24, 2006 (6:09 am)

Replying to: poconosms1 (Jul 21, 2006 8:20 pm)

They are now at 384 and threw in a paint and leather protector package for free. I accepted. I'll post my thoughts about the vehicle after I've been driving it for a while
 
end price - 24,450 with moonroof, safety package, and leather seats.
#98 of 149
Re: what do you guys think [poconosms1] by luvmbooty
Jul 24, 2006 (10:14 am)

Replying to: poconosms1 (Jul 24, 2006 6:09 am)

Congradulations! Hope it works out!
#99 of 149
Re: what do you guys think [poconosms1] by cccompson
Jul 24, 2006 (2:27 pm)

Replying to: poconosms1 (Jul 24, 2006 6:09 am)

Glad it worked out for you. $24,450 on a $27,675 sticker, uh?
 
I guess the ads here in Columbus of $3500 off MSRP probably represent a good deal.

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