- #18 of 838
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Re: market rate adjustment [snags]
by abang
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Nov 05, 2006 (2:38 pm)
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Replying to: snags (Nov 05, 2006 4:08 am)
The market adjustment is just a rip off. Those crooks jack up the price and then attempt to convince you that you're getting a good deal when they offer to sell it to you at factory sticker price. Don't fall for it.
I just got my loan approved for a Mitsubishi XLS with the 3.9% financing for 48 months. I'm getting the car at invoice from Ray Reece Mitsubishi in Portland, Oregon. I'm just waiting for a deep blue color to show up, so far none are available for $500 miles.
Please read the articles on how to shop for a new car here at the Edmunds web site. I followed it. When you deal with an internet sales person at a dealership, the buying process is mostly easier.
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- #19 of 838
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Re: I bought one! [rcpax]
by ghettofabulous
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Nov 05, 2006 (5:54 pm)
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Replying to: rcpax (Nov 05, 2006 2:43 am)
I got the aqua color and paid $27,808. With sales tax, prep fee & license, total was $30,403. Financed for 5 years at 4.9%. The greatest for me is that my daughter's boyfriend works for a mitsubishi dealer and made my car buying experience virtually painless. All I had to do was tell him what I wanted and come in, test drive, and sign. By the way, the aux jack is at the bottom of the console in the back. Hooked up a cable to my ipod and now I'm a happy camper.
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- #20 of 838
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Re: I bought one! [ghettofabulous]
by ghettofabulous
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Nov 05, 2006 (5:57 pm)
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Replying to: ghettofabulous (Nov 05, 2006 5:54 pm)
The sticker on the window had the car listed for $29,255 and there was a dealer's mark up of $1995, so they were asking $31,545 total prior to tax, license, etc.
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- #21 of 838
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Re: I bought one! [ghettofabulous]
by rcpax
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Nov 05, 2006 (7:32 pm)
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Replying to: ghettofabulous (Nov 05, 2006 5:57 pm)
You wouldn't happen to have bought it from a south holland IL dealer, did you? I just saw that very same color with the exact same trim and options. And almost the same offer
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- #22 of 838
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Re: I bought one! [rcpax]
by ghettofabulous
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Nov 06, 2006 (12:11 am)
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Replying to: rcpax (Nov 05, 2006 7:32 pm)
No, I live in Southern California
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- #23 of 838
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Re: I bought one! [ghettofabulous]
by tester1
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Nov 06, 2006 (9:03 am)
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Replying to: ghettofabulous (Nov 05, 2006 5:57 pm)
May I ask what is the difference between MSRP ( including destination fee) and price you pay before TAX and Document fee? And since I am in S Cal too, can you provide the dealer's name? Thanks
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- #24 of 838
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Re: I bought one! [ghettofabulous]
by xcell
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Nov 06, 2006 (6:39 pm)
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Replying to: ghettofabulous (Nov 05, 2006 5:54 pm)
I got the aqua color and paid $27,808. With sales tax, prep fee & license, total was $30,403. Financed for 5 years at 4.9%. The greatest for me is that my daughter's boyfriend works for a mitsubishi dealer and made my car buying experience virtually painless. All I had to do was tell him what I wanted and come in, test drive, and sign. By the way, the aux jack is at the bottom of the console in the back. Hooked up a cable to my ipod and now I'm a happy camper
Fab...
Was this Outlander a 4Wheel Drive at $30,403.00 OTD?
Congrats on your new purchase!
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- #25 of 838
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Re: I bought one! [xcell]
by ghettofabulous
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Nov 06, 2006 (9:51 pm)
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Replying to: xcell (Nov 06, 2006 6:39 pm)
It's a 2wheel drive.
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- #26 of 838
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Am I being ripped off?
by abang
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Nov 06, 2006 (10:56 pm)
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When the Mitsubishi salesman quoted me the monthly payment on the Outlander with the special financing, I checked his figures against my calculations using a financial calculator and his quote for the monthly payment is a few dollars higher than what I calculate. Is this another way of padding his profit or is there some "special" method of calculating car payments?
Granted a few dollars may not appear a big deal but multiplied over the length of a 5 year loan adds up to a few hundred bucks.
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- #27 of 838
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Re: Am I being ripped off? [abang]
by dodo2
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Nov 07, 2006 (12:52 pm)
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Replying to: abang (Nov 06, 2006 10:56 pm)
It looks like you are getting ripped off. Redo the calculations, step by step, with the salesman. I know they are using this trick to get more money of you. They hope that you wouldn't care to pay 2-3 bucks more, but yes, they add up to couple of hundreds over the term of your loan.
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