Edmunds Members - Cars and Conversations (Archived)

oldfarmer50

houdini1 said:

stickguy said:

Got a link to it?

I am using a chromebook and don't know how to post a link on it. I just checked Cargu and in my area Kia dealers are consistently knocking $8,000. off a $32,000. sticker price on the Optima EX Premium.

On my local dealer’s site I’m not seeing any MSRP over $28k or discounts over $4k.

Sandman6472

We got our refund from Safeco last week, $46.50 for both cars. as happy to get it as or $2400 hasn't come in yet nor has my approval for unemployment, I've been in "pending" mode since April 5th!! Very annoying.
Been 2 months now with no haircut. I go to a regular barber shop in Margate, Mike might know where it is. Called an hour ago, still closed!! Looking a bit scruffy but can always wear a hat when I have to go out.

benjaminh

deleted

oldfarmer50

jipster said:

No deal. $500 apart. I came up $800. Maybe I'm being too jippy?

One of these guys might just blink and call you. Don’t give up.

driver100

tjc78 said:

Way back in January of 2005 when my Grandfather was getting his 2004 Grand Marquis I made him walk out over $500.
Pop called me the next day and said, shouldn't I just do it? I said yeah, $500 isn't worth it. He really liked the car and in the end it was the last car he bought and drove it for nearly 7 years and then I kept it another 4. It was also very reliable and caused him not one day of problems.

$500 then is probably equal to $1000 today. But still, Driver Amortization Rationalization Plan.......about $130 a year for a car he loved for 7 years ($500 over 7 years - $78 a year). Yes, some of us overpay, but, in the big scheme of things, does it really matter....usually not. In this case your Dad got what he wanted and enjoyed it. And, if they didn't come down a bit from that $500, chances are there wasn't much room to go anyway.

oldfarmer50

jipster said:

Guy said I was trying to steal the car. Lol

You should have responded “sure I am, why do you think I’m wearing a mask?”

abacomike

oldfarmer50 said:

jipster said:

Guy said I was trying to steal the car. Lol

You should have responded “sure I am, why do you think I’m wearing a mask?”

Now that's funny! 🤪😜😛

jipster

stickguy said:

Would it be mean if I called the dealer and started asking about that Accord?

Tell them it's only worth $27,500 and you're not paying a penny more!

I'll have the details in a bit.

Michaell

But, I like the idea of waiting until May - it is a gamble though, possibly less inventory available.

I'm talking about the weekend after next - not the middle or end of May. With the CPO, there is always a risk of someone swooping it and grabbing it for that extra $500, but on a new unit, there should be lots of inventory.

Lots of websites suggest you go in on the last day of the month to make your best deal. We did that on the Outback - picked it up 2/28/15.

But, the promotions and incentives don't always coincide with the calendar month. For April, the Honda programs expire on Monday, 5/4. So, the weekend before (5/2 or 5/3) would be the right time to go in and try to get the sale that gives the dealer a volume related bonus.

28firefighter

I've bought other times of the month successfully, but we bought our Outback literally within 2 hours of the end of the day, end of the month, end of the quarter. It definitely made a difference.

Sandman6472

I think somethings up and predict he'll have it by tomorrow! Hey, I'm always the optimistic one!!

oldfarmer50

benjaminh said:

qbrozen said:

Michaell said:

qbrozen said:

If that's the case, I fail to understand why they couldn't drop a lousy $500. Jip, show them the math and say "ok, I'll pay your asking price of $26.5k, plus $1590 in tax, plus $xx titling/dmv, plus $250 doc fee = $xx,xxx."

And, the dealer is probably thinking "why doesn't the 'ol jip just bump his offer by $500 so we can close this deal."

Oh, I'm sure they think everyone should come in and pay exactly what they are asking. LOL. But to accuse him of stealing over $500? C'mon now! Maybe they shouldn't be cutting their hair so close in the first place.

They dropped the asking price for the car $2000 two days ago.

I remember years ago I was tracking a used car at a dealer. It was substantially overpriced so it wasn’t really on my list. Then they dropped the price $1000 which put it within striking distance. I went and made an offer. The salesman almost had tears in his eyes and said “but you know we just dropped the asking price $1000?”.

I responded: “if you hadn’t I wouldn’t have bothered talking to you at all”. Just dropping the price doesn’t determine the value.

driver100

Michaell said:

But, I like the idea of waiting until May - it is a gamble though, possibly less inventory available.

I'm talking about the weekend after next - not the middle or end of May. With the CPO, there is always a risk of someone swooping it and grabbing it for that extra $500, but on a new unit, there should be lots of inventory.

Lots of websites suggest you go in on the last day of the month to make your best deal. We did that on the Outback - picked it up 2/28/15.

But, the promotions and incentives don't always coincide with the calendar month. For April, the Honda programs expire on Monday, 5/4. So, the weekend before (5/2 or 5/3) would be the right time to go in and try to get the sale that gives the dealer a volume related bonus

.

I generally agree....that is only a week and a half away....May 3rd is a Sunday though. I think the gamble is this sale may have started before or in early days of the virus, now that sales are really slowing down the price after May 4th may go down even more. In fact, like oil, they might be giving away cars by then, or at least reduce the Accura or the Hybrid Accord even more. That is the gamble part....buy now or at the end of the month, but miss an even larger sale which is what always happens to me.

oldfarmer50

Sandman6472 said:

We got our refund from Safeco last week, $46.50 for both cars. as happy to get it as or $2400 hasn't come in yet nor has my approval for unemployment, I've been in "pending" mode since April 5th!! Very annoying.
Been 2 months now with no haircut. I go to a regular barber shop in Margate, Mike might know where it is. Called an hour ago, still closed!! Looking a bit scruffy but can always wear a hat when I have to go out.

I’m in the same boat. I got so frustrated with UI that I wrote them a letter today. Email and phone gets nothing.

For people on social security I heard the checks will take more time because SS needs to hand over your information to the IRS. Hopefully that will give the IRS direct deposit info so they don’t have to mail paper checks.

I’m not holding my breath.

abacomike

Michaell said:

jmonroe1 said:

Man, so close yet so far. I think the ole @jip should shoot for 3 free oil changes and first shopping cart ding coverage then take it home and wax it, already. I'll even throw in a nice micro fiber rag to get this done. Maybe more contributions from his poster buddies would also help. So let him know how you'll pitch in.

jmonroe

What, you think all this advice is free?

We've been paying his dues, under the table....

Michael, I sent you a message.

driver100

abacomike said:

Michaell said:

jmonroe1 said:

Man, so close yet so far. I think the ole @jip should shoot for 3 free oil changes and first shopping cart ding coverage then take it home and wax it, already. I'll even throw in a nice micro fiber rag to get this done. Maybe more contributions from his poster buddies would also help. So let him know how you'll pitch in.

jmonroe

What, you think all this advice is free?

We've been paying his dues, under the table....

Michael, I sent you a message.

Hope it's not about me

imidazol97

Not to change the subject, but are RMD requirements waived completely for 2020 now? No withdrawals required from IRA or 401K accounts for the year?

abacomike

driver100 said:

abacomike said:

Michaell said:

jmonroe1 said:

Man, so close yet so far. I think the ole @jip should shoot for 3 free oil changes and first shopping cart ding coverage then take it home and wax it, already. I'll even throw in a nice micro fiber rag to get this done. Maybe more contributions from his poster buddies would also help. So let him know how you'll pitch in.

jmonroe

What, you think all this advice is free?

We've been paying his dues, under the table....

Michael, I sent you a message.

Hope it's not about me

Why so paranoid, driver? There are almost 5 billion other people in the world! 😜🤪😛

Sandman6472

The wife thinks ours will come in the mail since only I'm on social security and now, they just keep the whole bloody thing! Since she always pays our refunds forward due to her quarterly taxes, doubt it'll come to our joint account. Anyways, my s s check used to come to my own personal account since my postal pension goes into our joint checking. Thank G-d for that pension tough as it pays all the overhead...and then some. Still living below our means so only slightly worried but would like to get what we're supposed to get. And I've been working part time since January 13, 2013 and am used to getting a pay check every week or now, every two weeks. It goes into that "rainy day account" but still, miss it all the same.
Hoping that we'll be called back by May 1st or so as there are a whole mess of vehicles that need to be moved before we can get back to normal business operations. Assuming your neck of the woods is also in the same postion to.

andres3

If auto insurance companies are kicking back 15 to 25% surely the government can refund the same to property taxes that mostly fund closed schools. It is an outrage the government is not talking about refunding the people for their hard earned tax money that went to ..... "nothing."

However, I can honestly say I wasn't holding my breath about being told my tax money went to fund the schools, but that there would be no refunds for closing them down. At least in San Diego, they are getting 1 hours worth of work 5 days a week out of the teachers through a "Zoom" class. 1 hour.

No need to clean the schools. No need to take out the trash. No need to repair wear and tear items. No need to waste electricity/gas heating/cooling/lighting the schools.

What's all this new-found windfall cash going to? Will our schools suddenly have as much real wood lining as the traffic courtrooms in the near future?

roadburner

What I hate is when I make an offer and it’s immediately accepted. It’s even happened at work with a couple of plea offers; I made what I thought were some fairly tough offers and I was certain the defense attorneys would balk and make counter offers but they accepted them without the slightest complaint.
I always wonder how much I left on the table.

tommister2

Toyota updated their incentives today. Now offering 0% for 60 months on a few models. They also increased the rebates. Along the lines of what @Michaell suggests, I think incentives might continue to improve through the summer. Doesn’t directly help on a CPO car...

Sandman6472

As long as both sides feel the deal is fair, why look back? Sometimes, it's just worth it to get things over with, and move on to the next thing. If one keeps going over every single detail, it can drive one crazy but as long as each sides feels somewhat happy, it's all worth it. One also needs to take into account one's time and all the emotional effort put in. Like my grandma used to say, "one needs to get out of the pot already and serve the meal"! She used some more colorful language but I got the meaning. Like I told my daughter after she had her first accident and needed to buy a new vehicle, in a week or two, this will all be old news and you'll have moved onto something else! And that's exactly what happened. That was mid December and here we are in the end of April, all this staying at home business and now, you're moving into a new apartment!
She's a first responder, working in a hospital in Kendall Florida. And trust me, she's over having to replace her first vehicle.

andres3

imidazol97 said:

oldfarmer50 said:

With all the steering wheels I handled I wouldn’t be surprised if I was exposed. Some of those vehicles were biohazards regardless.

Yup. And those would be hands from folks who have been traveling contacting others who were traveling.

My son flew several different places on business. He occasionally had flu-like symptoms. But since 80% seem not to have debilitating symptoms sending them to the doctor or after hours care, nothing stood out until March when testing started and the obvious rapid increase in cases found among those whom doctors thought had appropriate symptoms for testing. Most cases appear not to have been tested.

I'd pay to have the test run for my antibodies because of the cough and aches I had that I saw the doctor for earlier. Because we bumped elbows with lots of people from the tech area side of town and around the base at Chick Fil A, someone there may have passed it along and I caught it.

I certainly wouldn't wish on folks at risk to catch the Virus from others as punishment, whether it's reduced immune systems or being overweight or diabetes.

We want everyone to be around to buy all those cars they'll finally be allowed to build after some governors decide they have to open up businesses.

Maybe someone that's a real fan boy can put in their Will they want to be buried inside "insert favorite car brand/model here" when they die.

andres3

roadburner said:

What I hate is when I make an offer and it’s immediately accepted. It’s even happened at work with a couple of plea offers; I made what I thought were some fairly tough offers and I was certain the defense attorneys would balk and make counter offers but they accepted them without the slightest complaint.
I always wonder how much I left on the table.

My opinion from limited traffic court attorney exposure is their only interest is appearing like they did something and accepting an offer/plea deal accomplishes that, while fulfilling their #1 motivation, spending as little time on your case as possible. I feel like the only way around this #1 motivation for lawyers is to be rich enough to offer them an hourly contract to be billed hourly as needed not to exceed 100 million dollars. But flat fee contract and your back to #1 motivation.

I feel like Defense Attorney's have tried to talk me into moving my line in the sand to make their job way too easy; sort of like a realtor selling your house. Oh sure, lower the price 20% if you need to; that'll make your job selling it easier.

One thing I will give them credit for, on the case where I was dead set on winning 100% or going to trial and losing as an alternative, I made it pretty clear we were not "plea dealing" on that case. I'm glad they didn't even try and call me for a deal on that one, because even a $0.01 fine with no points would have honestly been rejected by me in favor of a trial with the officer present. It behooved them that they didn't even try or ask to force me to say that or repeat myself that I'd rather lose in Court at the County Seat than win at the wrong courthouse. Anyways, the result of that one was dismissal, $0.00 being better for fines paid than even a 1 cent plea deal.

snakeweasel

jipster said:

stickguy said:

Would it be mean if I called the dealer and started asking about that Accord?

Tell them it's only worth $27,500 and you're not paying a penny more!

I'll have the details in a bit.

Sounds a lot like the Hank Hill special price.

andres3

graphicguy said:

jipster said:

Acura wouldn't go for my offer. Here was their reply.

"Thanks. I appreciate the opportunity, however, I am already $1500 under cost using Acuras $5,000 dollar incentive to purchase. You can either use the $5,000 incentive or use the .9% with only a $1,500 incentive. That leaves me with no room. We are eager to sell cars at this time but we have to be smart about it too."

Really not interested to lease. You'd think the S.M would have tried.

I did come across the Subaru Legacy when browsing the other day. It seems to get really good reviews. Doubtful though.

Honda Worlds owner sent me an email asking why I didn't buy, said we couldn't meet on price, but feel free to try to earn my business.

Sounds like you’ve hit the bottom with Acura if they won’t accept your offer in today’s climate. Good luck the rest of the way. Enjoy reading about your search.

Are we talking one greedy Acura dealership? Try the next 9 closest Acura dealers. My money is one one of them biting.

andres3

roadburner said:

Hey jip! Buy my M235i for $18,500; it has one year of CPO warranty left and it has a really decent automatic that doesn’t suck hard and long like every CVT I’ve ever driven.

How many miles on that M235i these days? If Jip says no to 18,500, you should ask the rest of the clan here about $18K even.

stickguy

imidazol97 said:

Not to change the subject, but are RMD requirements waived completely for 2020 now? No withdrawals required from IRA or 401K accounts for the year?

Correct. This article does a good job explaining it. Of course, with everything related to taxes, there are oddities and exceptions! This is the key piece:

the new CARES Act allows account owners to skip both their 2019 RMD if it was their first year and had not yet made an RMD by April 1, 2020, and their 2020 RMD.

https://www.forbes.com/sites/jamiehopkins/2020/03/30/cares-act-drastically-changes-required-minimum-distribution-rules-for-2020/#48904cd19a07

jipster

Sorry to keep you guys hanging. Busy day. Bad news, as you know, the sales manager did not accept my offer. It was really disappointing as I thought I had an acceptable offer. I didn't particularly care for the sales manager attitude towards the end of the negotiation...and with how he presented what turned out to be their final offer. I have not discounted making another offer on the car. Maybe tomorrow...split the difference....only $500 off. Here's how it unfolded.

When I arrived the silver Accord EX-L was prepped and in front of the showroom window. It looked good in silver with the black grill, wheels and interior trim. Salesman comes out, hands me the keys ,says he careful. O.k, well, I'm off then.

First off, that stereo in the EX-L was awesome! I posted yesterday, you can't miss what you never had, well, this stereo would be something you'd miss. The crispness and clarity were several levels better than the EX.

I thought the gray leather seats gave the car a more luxurious look. The leather seats were comfortable, but not AS comfortable as the upholstered seats in the EX. The gray and black trimmed interior was sharp. I liked the infotainment set up. Not overly complicated, not too many buttons scattered everywhere...easy to use....Jipster friendly.

I took the usually route during the test drive as I had the other 4 test drive from this dealership. LOL.
Well, I did take a detour down River Road, driving along side the mighty Ohio River. Beautiful day, so the drive was really nice. Same engine and trans as 2 other Accords Ive test driven, but this one felt a little better. Maybe it was the leather seats? Anyhow, I really liked the way the car drove. Smooth, comfortable, quiet interior...yeah, it's no speedster, but plenty of power for my usual conservative driving habits, and a little bit extra when I want to get squirrelly. ;-)

So, I call my wife, tell her I really like the car, and I'm thinking of making an offer. Wife works at home, wants me to drive it home so she can look at it. I call the dealership and ask for an extended drive. They say sure. Mrs. Jip really likes the car too. Takes it for a spin around the neighborhood.

O.k, what to offer. After reading prior comments here (yes, it's all your fault. LOL), AND some research, times being what they are...I'm thinking $27,500 OTD could do it. I'll go up to $28,000 if need be.
So I tell salesman I'd like to see their OTD price for the car. He comes out with a price of $28,900...roughly. I offer my OTD price.of $27,500. . Sales dude tries to build value in the product...only 1,200 miles, warranty etc. I counter with its a used car/preowned, tell him how I got where I am. He says he'll present the offer, but S.M probably won't take it. S.M comes out. Jokingly makes the comment I'm trying to "steal another car" from him. I laugh, trying to butter him up, but the comment is questionable.

S.M talks about how there's no way they could sell the car for that. Says I'm getting a 4 year/48 month bumper to bumper on the certified (I actually did not know this, if true) instead of the 3/26. Also says I get the lifetime powertrain warranty, then catches his mistake, or sees that I know, and says that's for new and used cars. I say 7 year/100,000 miles with certified. Yep. He's talking about how their price is solid, discounted, how Im getting a new car (no it's not) , and with a better warranty. Good points I admit. I blurt out I'll pay $28,000. I bumped it $500. S.M freezes in mid thought, says doesn't hurt to check. Don't know who he's checking with? He's the S.M. So he comes back out, (I'm staying outside this whole time), and says "He'll go $28,500 for the heck of it", something like that. It really wasn't a bad comment, just struck a nerve with me. I shake my head no. Wish I'd say, split the difference? S.M made no effort to further sell the car. I say okay. I'll think about it. Mention the Mazda 6. As he walks away, says thanks your business. ?

I thought I had this one. So disappointed. I guess it's a bit of a pride thing now. If they throw me a bone, I'll buy it tomorrow. Split the difference. $100 off. 5 oil changes. A nice cold beer. Something.

So, I may go see the Mazda 6 again tomorrow. May text the Honda salesman. Stay tuned.

Sorry, I haven't had the time to respond to previous comments. Hope the above answered most questions and issues. If not, fire away.

28firefighter

$28,5 is in the margin of error factoring in dealer doc fee and registration. Feels like a strong deal to me...

carnaught

@jipster, sounds like you really like it and it is the EX-L. Consider one last offer by phone, going up $200, best and final. If the answer is no, move on and don’t look back.

My $.02.

graphicguy

Give you credit @jipster, you’re going to the mat.

Sounds like you’ve hit rock bottom with the dealer. Given how much you and your wife like the car, I wouldn’t let that $500 stand in the way. It’s a car purchase, not a boxing match. Pride has no bearing on the deal.

Sure, fire back some oil changes (costs them less than they’ll cost you) and a compete detail or two for the first couple of years.

Take solace in the fact that you DID INDEED TAKE THEM TO THE MAT. You’re getting a very good deal. The rest is all noise. You’ll be loving the car long after the deal details are forgotten.

28firefighter

graphicguy said:

Give you credit @jipster, you’re going to the mat.

Sounds like you’ve hit rock bottom with the dealer. Given how much you and your wife like the car, I wouldn’t let that $500 stand in the way. It’s a car purchase, not a boxing match. Pride has no bearing on the deal.

Sure, fire back some oil changes (costs them less than they’ll cost you) and a compete detail or two for the first couple of years.

Take solace in the fact that you DID INDEED TAKE THEM TO THE MAT. You’re getting a very good deal. The rest is all noise. You’ll be loving the car long after the deal details are forgotten.

This.

stickguy

yeah, that is close, and even at their price sounds like you are getting a good deal. Plus you made the mistake of showing the wife and having her drive it. You know if you bring home something else she does not like as much you will be hearing about it for a long, long time.

most likely if you go back and ask for the bone you will get it. Not as likely they call and offer it, but it is possible. But as much as you seem to like this car, do you really want to get something else that you will likely compare to the Accord and say "what if?"

nyccarguy

Win or lose, way to go @jipster. Great write up too!

driver100

abacomike said:

Michaell said:

jmonroe1 said:

Man, so close yet so far. I think the ole @jip should shoot for 3 free oil changes and first shopping cart ding coverage then take it home and wax it, already. I'll even throw in a nice micro fiber rag to get this done. Maybe more contributions from his poster buddies would also help. So let him know how you'll pitch in.

jmonroe

What, you think all this advice is free?

We've been paying his dues, under the table....

Michael, I sent you a message.

Hope it's not about me

abacomike said:

driver100 said:

abacomike said:

Michaell said:

jmonroe1 said:

Man, so close yet so far. I think the ole @jip should shoot for 3 free oil changes and first shopping cart ding coverage then take it home and wax it, already. I'll even throw in a nice micro fiber rag to get this done. Maybe more contributions from his poster buddies would also help. So let him know how you'll pitch in.

jmonroe

What, you think all this advice is free?

We've been paying his dues, under the table....

Michael, I sent you a message.

Hope it's not about me

Why so paranoid, driver? There are almost 5 billion other people in the world! 😜🤪😛

It's all about me though!

driver100

andres3 said:

imidazol97 said:

oldfarmer50 said:

With all the steering wheels I handled I wouldn’t be surprised if I was exposed. Some of those vehicles were biohazards regardless.

Yup. And those would be hands from folks who have been traveling contacting others who were traveling.

My son flew several different places on business. He occasionally had flu-like symptoms. But since 80% seem not to have debilitating symptoms sending them to the doctor or after hours care, nothing stood out until March when testing started and the obvious rapid increase in cases found among those whom doctors thought had appropriate symptoms for testing. Most cases appear not to have been tested.

I'd pay to have the test run for my antibodies because of the cough and aches I had that I saw the doctor for earlier. Because we bumped elbows with lots of people from the tech area side of town and around the base at Chick Fil A, someone there may have passed it along and I caught it.

I certainly wouldn't wish on folks at risk to catch the Virus from others as punishment, whether it's reduced immune systems or being overweight or diabetes.

We want everyone to be around to buy all those cars they'll finally be allowed to build after some governors decide they have to open up businesses.

Maybe someone that's a real fan boy can put in their Will they want to be buried inside "insert favorite car brand/model here" when they die.

I have in my will that if I die Mrs D100 can't give my car to her new boyfriend.

cdnpinhead

This is so not the way I buy vehicles, but it's interesting (to a point) to watch.

Different strokes. . .

driver100

Jip, I give you a lot of credit, no one could have done better.
Maybe you should check the Mazda again, just for your own peace of mind...make sure.
Try splitting the difference, or to maintain some pride, do like the guys say, $500 but throw in floor mats, 3 oil changes, license plate frame....something.
I think you went as far as you can go, not all deals can end in a loss for the dealer......and that $500 extra adds how much to your monthly payment......$9 for 5 years for an almost perfect car.
Your other option is to do an email blast.....ready to buy Accord....$27000....$20 down payment immediately to hold it for 24 hours until I get there.

Michaell

You’ll be loving the car long after the deal details are forgotten.

I use that statement frequently when folks ask about the deals they struck.

Usually, though, it's for not-so-great deals.

stickguy

I freely admit I hate to spend money I don't have to, but when I am buying something, the most important thing to me is to figure out what we actually want/need, and figure out how to get that (assuming it is within reasonable budget). Settling for something less, just because it is a little cheaper (or from some perceived price difference of what it costs vs. what I want it to cost!)

jipster

Thx for the comments. Been going back and fourth on seeing the Mazda 6 again. I'll reevaluate in the morning. Probably. Maybe.

Also, thought about taking another look at the Kia Optima. The first two I looked at were the lower trim models. The SE looked really nice in leather. The deals I've seen on the Optima are usually around 4k ...occasionally 5 k off..plus I get another 1k off for being a current Kia owner.

But, it all boils down to if the dealership wants to throw me a bone on that Accord.

stickguy

21-22K on a brand new Optima SE would certainly be good value. If you like it of course! Doesn't hurt to look.

qbrozen

I gotta say that $28.4k seems right to me, at which point $100 is nothing.

$26.5k + 6% tax + $300 fee = $28,390

Heck, in NJ, you’d have 6.625% tax, plus $300 dealer fee (at least), plus $280 DMV.

28firefighter

If they’re at $28,5 and he likes it, @jipster should jump.

oldfarmer50

roadburner said:

What I hate is when I make an offer and it’s immediately accepted. It’s even happened at work with a couple of plea offers; I made what I thought were some fairly tough offers and I was certain the defense attorneys would balk and make counter offers but they accepted them without the slightest complaint.
I always wonder how much I left on the table.

I suppose that’s because the defense attorney knows all the other stuff his client did that he didn’t get charged with. Sort of like a guy trading in a car where the dealer doesn’t know that the tranny is about to fail. He’s glad to take the offer.

oldfarmer50

stickguy said:

imidazol97 said:

Not to change the subject, but are RMD requirements waived completely for 2020 now? No withdrawals required from IRA or 401K accounts for the year?

Correct. This article does a good job explaining it. Of course, with everything related to taxes, there are oddities and exceptions! This is the key piece:

the new CARES Act allows account owners to skip both their 2019 RMD if it was their first year and had not yet made an RMD by April 1, 2020, and their 2020 RMD.

https://www.forbes.com/sites/jamiehopkins/2020/03/30/cares-act-drastically-changes-required-minimum-distribution-rules-for-2020/#48904cd19a07

I’m not concerned about RMD since my IRAs are all Roths. What I worry about is since I funded for 2020 based on my full anticipated salary I might be over funded based on my now reduced 2020 earned income.

ab348

Jip: great account of yesterday. Maybe you shouldn't have got the raw red onions on the sub sandwich which probably made them want you to leave the showroom early. :laughing:

I thought you drove the Optima and didn't like it? In any event, my only advice is once again: don't buy anything that Mrs. Jip will not be happy about long term! A couple of hundred dollars is a sound investment to ensure a happy wife.

dino001

jipster said:

Sorry to keep you guys hanging. Busy day. Bad news, as you know, the sales manager did not accept my offer. It was really disappointing as I thought I had an acceptable offer.

and yadda, yadda, yaddda..

I guess it's a bit of a pride thing now. If they throw me a bone, I'll buy it tomorrow. Split the difference. $100 off. 5 oil changes. A nice cold beer. Something.

Sometimes "points of pride" get in the way of getting \good things done, but of course there are limits to what we can all endure. Jip, who wants this more, you or them? Or perhaps neither? Our old long-gone friend Bobst always said you don't know if the offer is too low until you walk and they don't stop you. Then he was willing to come back or adjust his numbers when he saw that they truly let him walk.