- #649 of 740
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Re: How does the transaction take place on a buyout from MBF? [jprescott1]
by kyfdx HOST
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Oct 23, 2008 (7:04 am)
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Replying to: jprescott1 (Oct 22, 2008 4:07 pm)
Usually, when you buy a car, the seller has to fill out an odometer statement. My guess is there might be a fly in the ointment somewhere along the line, if you do indeed purchase the car from them.
But.. If I'm negotiating, and am asked for the mileage, I'd just say that it looks like I'll come in just under my allowance, without answering specifically. Maybe, they'd just assume a certain amount. Once you've agreed to a deal, then maybe no one will take notice.
But, I certainly wouldn't lie about it. They may be able to extrapolate an approximate amount from your service records. I'd just be coy... and see what happens, first.
regards,
kyfdx
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- #650 of 740
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Re: Sept/Oct Wholesale Prices for '06 R500 [irishrogue1]
by stevesmer
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Oct 23, 2008 (9:12 pm)
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Replying to: irishrogue1 (Oct 23, 2008 5:37 am)
Hi - would you have R350 #'s available as well? I have an 06 R350 that will be due next month and I have been watching this site for awhile. I will post what I can negotiate. Thanks
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- #651 of 740
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Re: How does the transaction take place on a buyout from MBF? [kyfdx]
by jprescott1
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Oct 29, 2008 (8:06 am)
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Replying to: kyfdx (Oct 23, 2008 7:04 am)
Called in today. Rate is negotiable. Sounds like it's fixed out at 90 days. I got a very reasonable buyout rate. No inspection necessary. I cut a check and it's over. $27,648 out the door includes ALL fees and tax. $25,500 is base rate at maturity. 60% depreciation over 27 mos. Ouch!!
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- #652 of 740
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Re: How does the transaction take place on a buyout from MBF? [jprescott1]
by irishrogue1
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Oct 29, 2008 (8:20 am)
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Replying to: jprescott1 (Oct 29, 2008 8:06 am)
THAT IS GREAT NEWS. $25,500 is pretty much right were the price should be based on auction values right now. when is your 27 mo lease up?
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- #653 of 740
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Re: How does the transaction take place on a buyout from MBF? [jprescott1]
by shorebound
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Oct 29, 2008 (9:19 am)
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Replying to: jprescott1 (Oct 29, 2008 8:06 am)
When you say rate, are you talking about the interest rate or the $ buyout? How many miles did you have on the car? What interest rate did you get?
Thanks.
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- #654 of 740
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Re: How does the transaction take place on a buyout from MBF? [jprescott1]
by lklein1
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Oct 29, 2008 (9:25 am)
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Replying to: jprescott1 (Oct 29, 2008 8:06 am)
Can you tell me what you said or who you had to talk to get the buyout down? I will be calling one last time beginning of November. I will be a cash buyer so not concerned on interest rate. My lease is up Nov 21 and the people keep calling to schedule the inspection.
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- #655 of 740
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by irishrogue1
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Oct 29, 2008 (9:27 am)
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I emailed MB financial from my online account for lease end options and just got quoted a buyout of 27,459 incl taxes/fees. finance rate of 7.89% for 60mos. credit union rate is 5.75% for 60mos on used car.
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- #656 of 740
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Re: [irishrogue1]
by lklein1
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Oct 29, 2008 (9:37 am)
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Replying to: irishrogue1 (Oct 29, 2008 9:27 am)
Okay I'm convinced MB Finacial hates me since my quote has been $28,900 NOT INCLUDING Taxes and Fees and I only have a measly little R350.
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- #657 of 740
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Re: [lklein1]
by irishrogue1
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Oct 29, 2008 (9:42 am)
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Replying to: lklein1 (Oct 29, 2008 9:37 am)
have you contacted them recently?? perhaps #s just got adjusted. i just got mine today...
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- #658 of 740
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Re: [irishrogue1]
by lklein1
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Oct 29, 2008 (10:58 am)
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Replying to: irishrogue1 (Oct 29, 2008 9:42 am)
Okay, I just filled out the online request. Maybe that will give me a different answer.
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