buying

peacepeace Member Posts: 1
edited July 2019 in Toyota
I was offered the following deal for purchase a 2019 rav4 AWD: 3,164 toward a new vehicle, zero cash out of pocket, interest rate of 5.15%, with my 2011 rav4 trade in,,,is this a good deal?

Comments

  • MichaellMichaell Moderator Posts: 255,558
    peace said:

    I was offered the following deal for purchase a 2019 rav4 AWD: 3,164 toward a new vehicle, zero cash out of pocket, interest rate of 5.15%, with my 2011 rav4 trade in,,,is this a good deal?

    MSRP?
    Selling price?

    There is no supported APR for the RAV4, but I do see $1250 rebates available if you take the "standard" finance rate. Don't know what that is, however.

    Do you know what bank this offer is through?

    Is the $3164 the equity in your current car? You should take it to CarMax and see what they offer you.

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