AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAARGH.

[bzarcher]

Car dealership asked me to come up again about my car and buying it back.

We were there by 10.

Had agreed to a deal by 12.

At 1 they said there was a 'small problem' with financing.

They kept telling us to wait until 4:30, when they told me that it couldn't be done for the payments I wanted despite having agreed to it earlier in the day, because they couldn't get the financing rate needed.

Another day wasted AND I blew getting to the TF in time.

FUCK!

Comments

[gigerlicious.livejournal.com]

Just out of curiosity, if you're willing to share, what kind of financing rate were you asking for?

[bzarcher.livejournal.com]

3.9 APR.

[gigerlicious.livejournal.com]

Most folks are trying to unload their 2004 stock right now. If you are able to swing a deal like that buyback dealy you were talking about, chances are they won't also cut you a deal on your financing.

But this is something I talk about a lot with folks - haggling over even 1-2 points on an APR is rather pointless. At most that's what, a grand? Far easier to commit to the higher APR the bank or company offers and just milk a grand out of the dealership in rebates or extras. Why squeeze the stone for juice when there's an orange available?

[bzarcher.livejournal.com]

Honestly? Because they came back with a 7.9% APR, which raised a decent payment ($320) to something I wasn't comfortable with. ($415.) I'd already worked the rebates and such as well as I could (and this was a 2005 - No 2004 Vibes were availible with a stickshift, at least at this dealership.)

[gigerlicious.livejournal.com]

Whoa. I didn't realize the difference between APRs was so huge. I can see why the deal turned sour.

[bzarcher.livejournal.com]

Yeah. :D

If they'd come back with 4.9 or 5.9, I'd have jumped and said thank you. But a four percent swing to the pip was just a bit too much for me to be comfortable with.