PhinHater Posted November 7, 2008 Share Posted November 7, 2008 The salesman wants me to put down $1500 - I don't want to. I can put down $400 tops - I have a wedding to save for. Anyone have any experience dealing with something like this? He is going to call me after 12 today to try and see what he can do for me. Link to comment Share on other sites More sharing options...
Bob Posted November 7, 2008 Share Posted November 7, 2008 Tell him you've been talking to another dealer and you're not sure you're interested in his deal, anymore. They hate to see you walk. If they think you're serious, they'll cave, They'll just get it from you some other way. Maybe Thor will pop in. He's my go-to guy for questions about donuts, personal lubricants and used cars. Link to comment Share on other sites More sharing options...
freestater Posted November 7, 2008 Share Posted November 7, 2008 Yeah, whatever you do, don't call back until tomorrow. Link to comment Share on other sites More sharing options...
afosomf Posted November 7, 2008 Share Posted November 7, 2008 tell him you want the Supplier Price for the car Link to comment Share on other sites More sharing options...
ECURB Posted November 7, 2008 Share Posted November 7, 2008 How is your credit? The only reason why they would care how much you put down is because the bank won't approve the full amount of the loan. In other words... the bank will loan MAX 110-120% of the book value on the car... Lets say you bought a car for $12,000 The book value is most likely about $10,000 Add in sales tax, doc fees, reg fees, ect ect Your way over the allowance that the bank will go... so they are most likely saying you need to put more money down to get there... Now of course in some cases the dealer can discount the car to make up the difference, in which case playing hardball will help you... but sometimes the bank ONLY wants the difference to be in CASH down... so you are not just "renting" a car from them... you need to invest in it... If you want, give me some more details about it and I will try to help you. On a side note...the dealership actually will make MORE money if you put less down, you are financing more... so they wouldnt just ask for more money down to have fun with you... lol Link to comment Share on other sites More sharing options...
ECURB Posted November 7, 2008 Share Posted November 7, 2008 tell him you want the Supplier Price for the car What the heck is the "supplier price"? lol Link to comment Share on other sites More sharing options...
ECURB Posted November 7, 2008 Share Posted November 7, 2008 Yeah, whatever you do, don't call back until tomorrow. That doesnt help, ESPECIALLY if this is a bank approval issue... the deal will get pushed to the side and they will assume he is an ******* who doesnt really want the car. Link to comment Share on other sites More sharing options...
Thor99 Posted November 7, 2008 Share Posted November 7, 2008 Maybe Thor will pop in. He's my go-to guy for questions about donuts, personal lubricants and used cars. Boston Creme, Astroglide, and go at the end of the month. Link to comment Share on other sites More sharing options...
ECURB Posted November 7, 2008 Share Posted November 7, 2008 Boston Creme, Astroglide, and go at the end of the month. That can help... unless of course the gross is down and they need to hit a couple home runs before they close it up... Link to comment Share on other sites More sharing options...
Bugeater Posted November 7, 2008 Share Posted November 7, 2008 Try putting him in a choke hold. Link to comment Share on other sites More sharing options...
Maxman Posted November 7, 2008 Share Posted November 7, 2008 Bring in the article showing Ford's recent losses. Then say let me know when you are ready to talk serious? Link to comment Share on other sites More sharing options...
Borgoguy Posted November 7, 2008 Share Posted November 7, 2008 Boston Creme, Astroglide, and go at the end of the month. This is a man of letters, folks. Glad to say my wife appreciated your recommendation, sage. Link to comment Share on other sites More sharing options...
afosomf Posted November 7, 2008 Share Posted November 7, 2008 What the heck is the "supplier price"? lol rate they give big companies, like IBM for one Link to comment Share on other sites More sharing options...
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