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Automotive News & Views I Traded My Clunker For $3500/$4500, and Bought A...
99 messages, Last post on Sep 29, 2009 at 6:01 AM
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Replying to: tomcatt630 (Jul 16, 2009 7:28 am) I do hear dealers now advertising the program - so far Ford and Hyundai around here.
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Replying to: fezo (Jul 16, 2009 10:02 am)
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Replying to: anythngbutgm (Jul 17, 2009 9:31 am) "While the CARS Act makes transactions on and after July 1 potentially eligible for credits under the CARS program, interested dealers and consumers may want to wait until all of the detailed issues that must be addressed in the implementing regulations are resolved and the final rule is issued. Issuance will occur around July 24." cars.gov |
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Got a guy here at work with a 2003 Tahoe that is looking forward to the CfC campaign. Apparently, last years gas hikes and multiple repairs have scared him into a Hyundai Sante Fe. I can't believe he's getting 13mpg with it, what a pig! Amazingly, the dealer caught on to, and lowballed his trade to 3500 dollars trade so a few more weeks.... I didn't even realize Hyundai was offering the program before yesterday! 
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Replying to: anythngbutgm (Jul 17, 2009 11:41 am) |
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Well here's my deal 2009 Ford Escape XLT FWD MSRP: $24,975 Sun and Sync package(4 cylinder) Taxes Fees and plate transfer 1459.00 Rebate on 2009 Escape -$1000.00 Ford Rebate and special financing -$1500.00 0% Financing for 36months Z-plan discount -$2364.00 Trade-in Value 96 Taurus SHO -$4500.00 Total out the door $17,070.00 or $474.17 per month.
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Just put a down payment on one yesterday heres the breakdown: 18,736 car 670 destination 1625 NYS Sales Tax 230 Registration fees 199 Dealer fees total= 21,463 - 4,500 CFC = $16,963 ***The C4C program has been delayed till Monday the 27th, so I can't pick up the car till Monday Oh the dealer is giving me the credit AFTER sales tax is applied....Does anyone else have a dealer that is applying the rebate to the MSRP?
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Replying to: jayviking (Jul 25, 2009 4:17 am) |
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I had what appears to have been the archetypical clunker, a '94 Dodge Ram 1500 pickup. Close to 150k miles, running but with a transmission that slips occasionally. Lots of other things that would've had to be done (brakes, tires, etc.) if I wanted to bring it up to my standards. Definitely not worth putting any money into it unless I had no other choice. I barely used it--it was a "third car" in a two-driver household. EPA combined mileage is 13mpg. So I sold our second car ('99 Civic) and C4C'd the truck. These two actions, combined, gave me a lot of up-front leverage on a new car. I would've looked seriously at the Ford Fiesta had one been available (especially if Ford could bring us the DIESEL!) Most of the larger compacts (new Civic, Focus, Cobalt, Corolla, Elantra et al) are good solid cars, but they didn't much appeal to me. The only one that did (Mazda 3) was hard to find with a stick--plus I didn't want the bigger engine, and that's standard equipment on the hatch version in the US. (One automotive area where our friends in Canada have greater choices.) So I settled on a Honda Fit Sport 5MT, and so far I'm very happy with it. It's fun to drive and more economical than anything I've ever owned. The dealership folks were friendly but not particularly helpful--they knew they had a high-demand car, and they weren't interested in negotiating. The dealership was so packed that salespeople didn't have room to work--they were working deals on any spare surface they could find, including the service desk and the coffee table in the waiting room. They led with Edmunds TMV, but then proceeded to try to tack on a bunch of additional things, including (get this!) a $500 "road hazard warranty" on the tires and wheels. I politely but firmly declined the add-ons ("but sir, I don't know how to take that out of the computer" he protested) and we eventually came to an amicable resolution. The deal took longer than necessary but I have what I wanted at a price I was willing to pay.
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