Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
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Quite often you can get the rebate OR the special financing.
I'd run the numbers and see what makes more sense to you. If you do take the 3.9%, unless the finance company requires it (Volvo used to require 40% Down for their 0% apr) I'd finance everything you can at that rate, and put your down payment in a CD or mutual fund or something...
Bill
Car_Man
Smart Shoppers / FWI Co-Host
Also, is it true that Toyota has no holdbacks on their 2001 vehicles? I noticed that when I was looking at the information on the 2001 4Runner.
I live in Florida, if that affects the answer(s) to my questions.
Thanks in advance.
Car_Man
Smart Shoppers / FWI Co-Host
Thank you for your quick response. One last question, how would I be able to find out if this incentive is in effect in my region?
Thanks.
Car_man
Co-Host Smart Shoppers / FWI
As far as the price that you were quoted on this car goes, I would say that it looks to me as though it is a pretty good deal.
Car_Man
Smart Shoppers / FWI Co-Host
Jim
The floorplan fee has to do with the costs involved for keeping the car in stock. Dealers do in fact have to pay interest and insurance on a car in their possession until it's sold. This appears to be a set minimum by the manufacturer so that they receive some money on every car delivered to a dealership. Port prep is usually applied to a car that is coming from Europe or Asia, and is to offset the cost of "unpacking" the vehicle from the boat that delivered it.
Hope that helps
kcram
Co-Host - Smart Shopper & FWI Conferences
edmunds.com Town Hall
I went to a Ford dealer today to purchase a Ford Focus, and in our negotiating we got into the issue of the holdback. They told me that THEY would not get the 2% holdback (if they had to get the car I wanted from another dealer)... that this OTHER dealer would get it instead. Does that make any sense? Is it because the car is coming off the "other guy's" lot?
keeps the holdback on the car he trades to the other dealer to get your car...in turn, that
dealer keeps the holdback on the car he sends to
your dealer. At least, that is how it is done in Calif.
Car_Man
Smart Shoppers / FWI Co-Host
I am shopping for the above SUV's here in the Knoxville, TN area. Do you have any updated info on rebates, interest, and incentives that aren't on the main site yet?
Thanks,
wlittlej
In your area of the country, Ford currently has $1,500 consumer cash that may be combined with 0.9% - 5.9% financing or 0.9% financing for up to 60 months on the 2000 Explorer. In addition to these incentives there is $750 dealer cash on 2000s. On 2001 models, Ford currently has $1,500 consumer cash, $1,000 of which may be combined with 5.9% - 7.9% special financing or 2.9% - 5.9% stand-alone financing.
I think that this should answer all of your questions, but if you think of anything else please don't hesitate to ask.
Car_Man
Smart Shoppers / FWI Co-Host
Car_Man
Smart Shoppers / FWI Co-Host
Thanks for your prompt reply. I am getting inconsistent and confusing info from the local dealers. Could this be intentional? Anyway, I now go into the fray with yet another Edmunds.com arrow in my quiver.
Thanks,
Will
wlittlej
Car_Man
Smart Shoppers / FWI Co-Host
Car_Man
Smart Shoppers / FWI Co-Host
How often does Edmund's update their info?
Where do they get their info?
Do they check the accuracy of the info? How?
Some straight answers would be nice.
Car_Man
Smart Shoppers / FWI Co-Host
1. Info on the 2001 Nissan Pathfinder is/was non-existent. The only thing that FINALLY showed up was a $500 dealer incentive (even though the program has been in effect since 12/1). Nissan is actually running a customer $1000 back now according to radio ads. Edmunds has no info on this.
2. 2001 Jeep Grand Cherokee Limited: I get different amounts depending on which web site you goto (JD Power, etc.). Again, Edmunds seems to be lacking the most info. Any insights you can give on an ACCURATE amount would be great.
Thanks!
When does it expire?
In about 10 days I'll be purchasing a PF in the Baltimore area (or I may be even buying in Canada) and would like to get this incentive.
Please contact me via email at: bunting44@hotmail.com or post here, of course!
Thanks for any help-
Mike
Until 1/02/01 you should be able to get $1000 off of a PF, but I'm pretty sure it's only a regional program for the states CT, MA, ME, NH, NJ, NY, PA, RI, VT.
I talked to a local dealer and he told me that as long as the order was placed before then and the car picked up within 7 days, I could wait until the last second. But with all the incentives DC is offering on the 2001 Jeep GCL, I can pick up a better loaded vehicle for about the same money.
Don't get me wrong, I think the PF is a fine vehicle, but there are certain luxury features on the GCL that I wish the PF offered. As I hit 40 (this April) I'm leaning more and more towards comfort .
Good Luck.
The carmakers make the incentives very confusing so dealers and consumers miss them, thus saving the manufacturer millions.
Rich
At the same time, if so called consumer education sites, like Edmunds, misses a rebate then I as the consumer possibly left money on the table during the deal. There goes the value of the site. Also, with a given rebate in effect, I could have possibly gotten "more" car for the same dollar.
TC
I think I have a dealer in Maryland (Tischer Nissan) that is willing to work with me on this incentive. He didn't say straight out that he would, but we are discussing it (via email) now.
I too have found it almost impossible to stay updated on these incentives. I really don't know who to blame though. It would be nice if the manufacturer (Nissan, Chrysler, etc.) updated their own web sites to include the current offers/incentives that they are offering. This would make things alot more easier IMO.
Again, thanks for the info Tony. Glad I could get it somewhere!
Rich
$1000 dealer incentive on Sable Duratec. Three
Georgia dealers say only $1500 rebate available.
Can you comment on this CarMan? Thanks!
As far as the 2001 Jeep Grand Cherokee Limited is concerned, DaimlerChrysler currently has 0.9% financing for up to 36 months, 3.9% for 37 to 48 months, and 4.9% for 49 to 60 months or $1,000 Retail Dealer Cash or $3,000 Lease Cash. Additionally, they recently enhanced the existing Owner Loyalty program on this truck to $2,000. These incentives amounts should be available in all parts of the country, except for in Detroit.
This should answer both of your questions, but if you think of any others please don't hesitate to ask.
Car_Man
Smart Shoppers / FWI Co-Host
Car_Man
Smart Shoppers / FWI Co-Host
"As far as the 2001 Jeep Grand Cherokee Limited is concerned, DaimlerChrysler currently has... $1,000 Retail Dealer Cash or $3,000 Lease Cash... These incentives amounts should be available in all parts of the country, except for in Detroit."
This is just plain incomplete and wrong... I know because I can go to Carsdirect.com and purchase this vehicle for about $2000 below invoice.
When you go to JDPower.com, this is the info you get on the model:
-------------------
Dealer Incentive
Expires: 4/3/01
Incentive Amount: $2,000.
2001 Grand Cherokee Limited 4WD 4 Dr Sport Utility
-----------------
And then on JeepUnpaved.com you get this:
----------------
Grand Cherokee
U.S. cash allowance of $1,500 on 2001 models available through 4/3/01
-----------------
For a total of about $3500! And the dear incentive on JDPower has been posted for at least a few weeks, Edmunds has never picked up on it.
I still stand by my statement that the info on Edmunds.com is severely flawed unless you can prove otherwise.
TC
Car_Man
Smart Shoppers / FWI Co-Host
Thanks for your time and patience with this dialog.
TC
Last month I saw a nationally advertised lease on a 2001 Land Rover Discovery II SD for $399 per month with $1,995 down for 36 months and with 10,000 miles per year. Even though Land Rover's lease program just expired, I believe that their January program is almost identical to the one that they had in effect last month. So this payment should give you a good idea of what these trucks are leasing for right now.
If you would like, give me the full MSRP of the exact truck that you are interested in and the price that the dealerships that you have spoken with would be willing to sell it to you for and I would be glad to let you know what your approximate monthly lease payments should be.
Talk to you soon...
Car_Man
Host Smart Shoppers / FWI Message Boards
These prices are suppose to include X Plan pricing, which I am eligible for. The X plan pricing is 4% of MSRP added to the invoice price of $33,707 (which includes the $645 destination).
I find this whole lease negotiating process to be very confusing and very frustrating!
I have another question, if you don't mind. How should this lease be calculated considering the X Plan price? Should the lease calculations be based off of the X Plan or MSRP? It seems that they are only using the MSRP. Can you explain how to calculate a lease with the info I've provided? Thanks.
I would be happy to explain to you how to calculate monthly lease payments. I published a fairly detailed explanation on how to calculate lease payments a while ago here in the Finance, Warranty, and Insurance Message Board. Unfortunately, in searching for it I now realize that it was wiped out in our transition to the new Town Hall. So, I will create a new topic where I will again explain how to calculate lease payments. Keep an eye out for it on this Board.
Car_Man
Host Smart Shoppers / FWI Message Boards
Thanks Much,
Joshua
Car_Man
Host Smart Shoppers / FWI Message Boards
Car_Man
Host Smart Shoppers / FWI Message Boards
Do you have ANY updates on what they are gonna do from today on ? I'd appreciate ANY info you may have as I don't want either of these cars to slip away after all the time and trouble I have taken to track them down. Dealers are USELESS when it comes to finding a specific car equipped the way you want. If they don't have it on the lot, too bad buddy, go find one yourself is their attitude it seems.
Floridian