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Old Feb 18, 2008 | 08:43 PM
  #16  
bfdd's Avatar
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Originally Posted by carnivalkid
yeah rolling over neg. equity is a big thumbdown. IMO.
pretty soon the XI will come out and you will want that, thanks to the new X markups at the dealer you will add on more debt. i know i wouldnt want to pay 70k for the XI.
i was just at mitsu yesterday my friend is a carsalesman.
they sold 10 in a little over a week...
and most people were walking out the door with minimal down and 750minimum a month with average 5k dealer markup. most had 8-900 carpayments on 60 months.
insane. also they are pushing IX MRs for around 29k

u know the evo X will be popular. and you know they will make them for a while.... not like its a limited run and you can always get a dealertrade for what you want.... why not wait 10-12 months and see where the market is at... and where you are at. i hate dealermarkup. JERKS
That's just crazy 5k dealer markup? I'd never pay ANY mark up. MSRP is the most I'd ever pay for a vehicle. If you look hard enough, maybe not for in the case of evos, but you can always find a great deal. I got my 07 back in March of 07 10k off the sticker cause they wanted to move it. Paying a premium because a dealer deams it necessary is stupid, especially that high when there's dealerships like Socal Mitsu who are willing to work with anyone anywhere and get it shipped to them. I'm pretty sure they'd save a few thousand going that route and getting it shipped to their place.
Old Feb 18, 2008 | 08:43 PM
  #17  
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Originally Posted by rrchris
So I'm in the process of working out a deal on my New 08 GSR SSS, but I think I can work the dealer a little more. I was just wondering what you all are paying monthly for your evo's? I got screwed on my last purchase and owe quite a bit, so i have alot of negative equity that will roll over. I guess I can always just accept the high monthly payment now and pay more monthly until I can refinance.
If you are haggling over monthly payment, you are looking to get screwed yet again. Haggle over the price of the car and only the price of the car -- once you start bringing in trade in numbers and what you are willing to pay a month, they've got you!
Old Feb 18, 2008 | 10:04 PM
  #18  
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Great advice guys! Thanks again
Old Feb 18, 2008 | 11:59 PM
  #19  
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O.k. this is for the OP..

He asked a question.. just answer it people!!!

If you don't own/ make payments on an X buttout..

For me..

It was $39,000 out the door- inc. Nav and SSS and Tax, Lic. etc.
-$1000 down from old car trade in
-6.5% (I have a credit score of roughly 680, which falls into a "Teir 2" or "Teir B" interest rate <-- that is second only to a "Teir 1" or "Teir A" which is the best rate you could find.
-$650 mo. for 6 years

It calculates to $46,800 because of total finance charges..

There is my answer to your question.

Last edited by syr00; Feb 19, 2008 at 12:03 AM.
Old Feb 19, 2008 | 01:44 AM
  #20  
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r u asking specifically about the X? Cuz if u arnt, theres a thread on 'Evo General' section with the said topic
Old Feb 19, 2008 | 02:47 AM
  #21  
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Consumer reports are your friend.
Old Feb 19, 2008 | 05:52 AM
  #22  
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Originally Posted by syr00
O.k. this is for the OP..

He asked a question.. just answer it people!!!

If you don't own/ make payments on an X buttout..

For me..

It was $39,000 out the door- inc. Nav and SSS and Tax, Lic. etc.
-$1000 down from old car trade in
-6.5% (I have a credit score of roughly 680, which falls into a "Teir 2" or "Teir B" interest rate <-- that is second only to a "Teir 1" or "Teir A" which is the best rate you could find.
-$650 mo. for 6 years

It calculates to $46,800 because of total finance charges..

There is my answer to your question.


Thats what I'd say he's looking for. Good post!
keep them coming!
Old Feb 19, 2008 | 06:13 AM
  #23  
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Thats exactly what I'm looking for, sorry I should have been more specific.

Thanks!
Old Feb 19, 2008 | 06:43 AM
  #24  
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5 years you are looking at $700/mo. If you are upside down on your other loan you are just getting into deeper ****.
Old Feb 19, 2008 | 07:03 AM
  #25  
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start getting the overtime i guess.
Old Feb 19, 2008 | 07:56 AM
  #26  
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I will have to agree with all those who posted before, that my payments will not really help you, but here they are anyway:

Paid MSRP on a GSR with SSS: $34,990
Trade in: $3500
Downpayment: $24,000
financed the rest: 5%
credit score: >720
Payments: $204/month for 60 months.

I dont know what that does, but hope it helps!
Old Feb 19, 2008 | 08:35 AM
  #27  
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^ my gosh a down payment of 20k? LOL
wow u musta saved up or ur rich HAHAHHA

i should do that...that monthly looks very easy to manage LMAO
Old Feb 19, 2008 | 08:45 AM
  #28  
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go to edmunds.com , and use their finance calculator... Then you can play with rates , roll in negative equity , etc.... To see how it affects payments... Its dead on
Old Feb 19, 2008 | 08:52 AM
  #29  
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To the OP. If you cant figure this out on this reply ^^^ maybe you shouldnt buy another car, you should work on your math....


BTW can you tell me what cha smoking, cuz I wanna hit of that too

Last edited by redteam22003; Feb 19, 2008 at 08:55 AM.
Old Feb 19, 2008 | 11:12 AM
  #30  
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Originally Posted by rrchris
So I'm in the process of working out a deal on my New 08 GSR SSS, but I think I can work the dealer a little more. I was just wondering what you all are paying monthly for your evo's? I got screwed on my last purchase and owe quite a bit, so i have alot of negative equity that will roll over. I guess I can always just accept the high monthly payment now and pay more monthly until I can refinance.

I know this is kind of personal, but maybe you guys could give me a bit of a range that you all pay monthly?

Thanks!

Maybe if you can post up some numbers, on what car you have, How much your loan is, how much you still owe on your car and how much negative equity you have we can try to figure out for you what would be the best way to go.

Some of the guys here is saying pay more off on you Equity befor you buy a new car. We don't know how much more you still owe on your current car ect.
Its can be 2 years down the line until you are out of Negative equity,but at the same time your car is dropping in value.And you are paying 2 more years interest in your loan. Alot of thing factor into what's the best deal for you right now.


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