I just got offered $25,705 +$80 doc fee and tax (I'm registering the car afterwards in another state, as I'm military) on a base MT SE . Only catch is I have to finance at the "standard rate" and can't pay off the loan for 4 months.
Am I wrong in thinking this is a great deal, especially in the SF Bay area?
Also, I haven't brought the Partner program up to the dealer at all yet, so that offer is without it. Is there any reason at all that I can't surprise them with it once I go to sign the paperwork and get another $500 off?
Thanks
Don't fall for the "you cant pay it off before x months scam".. thats only a ploy for the dealership to get their kickback or whatever else deal they cooked up with the lender.. i was told the same to not pay off before 3 months, and as soon as i found out that the bank had the loan on their books, it was paid off that same day.
When i pressed the dealer originally about payoff early they kept saying the 3 months but i found out it wasnt anything in writing, but more of a courtesy so the dealer gets some extra money.. I think they already make their money from their bs fees...
All in all, cost me a total of $30 in interest for 10 days. If your in a position to pay off immediately, you should do that. You dont owe anything to the dealer and its only business afterall.
2017 Autobahn DSG
31.5K excluding tax title and registration
Which deal is better? This is for a 17 Sport trim with DSG trans
I have the cash to pay off my trade to not carry over equity - just haven't told the dealership that.
1/ Using all the available cash incentives from VW
Sale price $25200
Trade equity ($8600)
Sales tax $912
Doc Fee $135
Registration $162.75
Payment $534.91 for 72 months with $0 due at signing (2.79% financing thru Citadel)
2/ Using 0% financing thru VW
Sale price $26700 (I lose $1500 in rebates but get 0%)
Trade equity ($8600)
Sales tax $1002
Doc fee $135
Registration $162.75
Payment $522.37 for 72 months
I would read the fine print and see if there's a statute on refinancing your rate, and see if you can get a decent new car rate through a credit union. Either way, those are pretty good numbers.
Which deal is better? This is for a 17 Sport trim with DSG trans
I have the cash to pay off my trade to not carry over equity - just haven't told the dealership that.
1/ Using all the available cash incentives from VW
Sale price $25200
Trade equity ($8600)
Sales tax $912
Doc Fee $135
Registration $162.75
Payment $534.91 for 72 months with $0 due at signing (2.79% financing thru Citadel)
2/ Using 0% financing thru VW
Sale price $26700 (I lose $1500 in rebates but get 0%)
Trade equity ($8600)
Sales tax $1002
Doc fee $135
Registration $162.75
Payment $522.37 for 72 months
Question...The trade equity, you are upside down $8600 on the trade? (As in you owe more than what it's worth)