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Got a Quick Question for a Car Dealer?

2394 messages,  Last post on Nov 03, 2009 at 11:03 AM

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What is this discussion about? Car Buying, Car Selling


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#972 of 2394
Re: lease property tax [traindriver] by jwilliams2
May 01, 2009 (7:49 pm)
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Replying to: traindriver (May 01, 2009 6:39 pm)

Well, on the other hand, if you leased in early January, you would have no taxes due for the first year. See, it all balances out.
#973 of 2394
Re: lease property tax [jwilliams2] by traindriver
May 02, 2009 (2:56 am)
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Replying to: jwilliams2 (May 01, 2009 7:49 pm)

See, it all balances out.
 
Yes, If that is how it works then I suppose so.
#974 of 2394
Re: lease property tax [jwilliams2] by kyfdx HOST
May 02, 2009 (10:15 am)
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Replying to: jwilliams2 (May 01, 2009 7:49 pm)

Exactly... and, for lessees, you almost always only have one car at a time... So, you end up paying the tax on one car, each year... As noted, it all balances out..
 
You do have to be careful if you are making transactions around January 1st... You don't want to buy a car on December 30th, and sell the old one on January 2nd... You'll pay property tax on both cars the next year..
 
I actually turned in a lease on December 31st, once... then, bought the next car on January 5th... No property tax that year!
 
Of course, on real estate, property taxes are pro-rated... just like everywhere else..
 
regards,
kyfdx
#975 of 2394
Zero Interest Financing by billsbuddie
Jun 11, 2009 (3:57 pm)
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I have a "general question". When a car company has a "low interest" rate does the dealer participate in the price? In other words, how much does it cost the dealer when he does a "MSRP" sale of a new car at zero interest?
Does the dealer really care what the interest rate that a customer pays on a loan actally is? I mean a loan with the manurfacturer and not the friendly finance company that is kicking back to the dealer.
Is it worth it to "push" for the low interest rate after negotiating a good price for a car, does the dealer have options?
#976 of 2394
Re: Zero Interest Financing [billsbuddie] by boomchek
Jun 12, 2009 (8:49 am)
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Replying to: billsbuddie (Jun 11, 2009 3:57 pm)

Usually it doesn't cost the dealer anything to participate in subvented financing. Soemtimes however it does cost a dealer to participate in rebates. Part of an advertised rebate might be coming from a manufacturer, and part of it may be a dealer contribution out of their markup.
#977 of 2394
Re: Zero Interest Financing [boomchek] by billsbuddie
Jun 12, 2009 (12:08 pm)
Reply

Replying to: boomchek (Jun 12, 2009 8:49 am)

Thanks for your answer. So the dealer stands a chance to really make some money on a low interest full MSRP sale? If that's the case then it probably is worth negotiating a price based on Edmunds TMV and then asking for the low interest as well.
#978 of 2394
Re: Zero Interest Financing [billsbuddie] by volvomax
Jun 12, 2009 (12:21 pm)
Reply

Replying to: billsbuddie (Jun 12, 2009 12:08 pm)

Keep in mind that sometime the TMV price includes rebates that you may not get w/ a low APR offer.
#979 of 2394
Re: Zero Interest Financing [billsbuddie] by jipster
Jun 12, 2009 (12:49 pm)
Reply

Replying to: billsbuddie (Jun 12, 2009 12:08 pm)

worth negotiating a price based on Edmunds TMV
 
Edmunds TMV is an average. I'd try to go lower.
#980 of 2394
Re: Zero Interest Financing [jipster] by jb_turner
Jun 12, 2009 (6:29 pm)
Reply

Replying to: jipster (Jun 12, 2009 12:49 pm)

Just go with the best OTD price. We all pay it.
#981 of 2394
Trade-down...cash back? by javacup
Jun 15, 2009 (6:16 am)
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I fully own a car with a trade-in value of about $14k. I want to buy a car for about $10-$11k. How does this work....will I sit down, make the deal, and the dealer will give me a check for $3K? How uncommon is this? Any tips on how I should do this would be appreciated.

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