Car Market Crash Deal MEGATHREAD

[Buster]

It's a good thing they don't build the rate benefit into the sale price.

[killramos]

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It's a good thing they don't build the rate benefit into the sale price.

Nah man. It’s a DEAL

[Buster]

People don't realize that "0.99% interest!!!11!!"

is really just you getting 4-squared without knowing it.

[killramos]

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People don't realize that "0.99% interest!!!11!!"

is really just you getting 4-squared without knowing it.

It’s the dealer realizing that the other 3 squares were never important.

The only square that ever matters is the “WUTZ TEH PEYMUNT”

[bjstare]

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People don't realize that "0.99% interest!!!11!!"

is really just you getting 4-squared without knowing it.

People are pretty stupid.

[ExtraSlow]

I mean, yeah sometimes, but not really.

If the manufacturer decides to put out a promotional rate on a certain model, let's say for 1 month, the MSRP didn't change and the dealer invoice price didn't change for that month. So the cost to the buyer who planned to finance the vehicle, can change a worthwhile amount based on these promotions.

Different story of you are talking about "houzzof Caz zzerozz pacent salezz eventzzz!"

The two things are not the same.

[shakalaka]

If the offer is X cash off and regular interest rate or no cash off and 0.99% then sure what buster is saying makes sense. Which lot of manufactures do on one year older models. But if it's a brand new model that you can walk in with cash and can barely get them to move on the price even then, the .99% is absolutely a bit of a deal. Also, people assume just cause it's .99 they won't move on the price...they always do a few g's no matter what, and even if you were a cash buyer, they aren't going to suddenly drop 10k-20k off the msrp on a brand new, current year vehicle typically speaking.

[max_boost]

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0.99% on Broncos

It’s happening!

broncos are very cool looking
no idea how they drive tho lol

[ExtraSlow]

Better than the jeep or a G-wagon, but not as good as car-based SUV's.

So, mediocre.

[ercchry]

They drive better than they have any right to with 35” A/T’s

[mr2mike]

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broncos are very cool looking
no idea how they drive tho lol

We all got the 2hr test drive viewing back in 1994.
You think Ford honestly changed anything on the chassis since then?
They added a screen and bluetooth.

[Buster]

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If the offer is X cash off and regular interest rate or no cash off and 0.99% then sure what buster is saying makes sense. Which lot of manufactures do on one year older models. But if it's a brand new model that you can walk in with cash and can barely get them to move on the price even then, the .99% is absolutely a bit of a deal. Also, people assume just cause it's .99 they won't move on the price...they always do a few g's no matter what, and even if you were a cash buyer, they aren't going to suddenly drop 10k-20k off the msrp on a brand new, current year vehicle typically speaking.

0.99% is dropping the price. That's the thing.

It's just a way to do it that doesn't seem to signal to the market that sales are soft. And apparently it works.

[shakalaka]

Oh I agree that these interest rates are a signal that market is getting soft for sure. I just know from experience and a lot of it that for the current year car, early on in the year, majority of manufacturers will simply not drop the price off MSRP by THAT much...that it makes some sense that you at least get an aggressive interest rate, while still trying to negotiate as much below msrp as you can.

[ExtraSlow]

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0.99% is dropping the price. That's the thing.

I thought you were saying something totally different.

[Buster]

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Oh I agree that these interest rates are a signal that market is getting soft for sure. I just know from experience and a lot of it that for the current year car, early on in the year, majority of manufacturers will simply not drop the price off MSRP by THAT much...that it makes some sense that you at least get an aggressive interest rate, while still trying to negotiate as much below msrp as you can.

You're describing a four square

[shakalaka]

All this fuckin car talk makes me want to get another one…I guess it’s time I acknowledge that I am addicted to this shit. Dunno how am I going to tough it out for the next 2 years or so without getting rid of either of my current vehicles.

[ExtraSlow]

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All this fuckin car talk makes me want to get another one…I guess it’s time I acknowledge that I am addicted to this shit. Dunno how am I going to tough it out for the next 2 years or so without getting rid of either of my current vehicles.

Yeah.

[killramos]

Car talk?

Here I thought we were arguing whether or not cut rate financing is the same as lowering the price.

I get the sense you like buying cars a lot more than you like cars themselves lol

[heavyD]

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https://www.ford.ca/suvs/bronco/pric...gnav=vhpnav-io

Everything but the Raptor is fair game

I think there's a surplus of Broncos at dealerships right now. I guess manufacturing finally caught up and exceeded demand.

[Xtrema]

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I get the sense you like buying cars a lot more than you like cars themselves lol

It's just like photography hobby, 80% of the thrill is buying gears.