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I was negotiating the total price of the car. I guess the missing bit of information is the term (both prices were the same) and the amount down (both were $0).
by ryanwaggoner 17y ago
I was negotiating the total price of the car. I guess the missing bit of information is the term (both prices were the same) and the amount down (both were $0)....I also don't really finance.
Huh? If you don't finance and both of the cars were the same price, how does the difference in term mean anything?
- krschultz 17y agoSorry, what I meant to say was that the term was constant across both, and the monthly payment varied. So you can compare the monthly payments as a proportional representation of the total price. Where as the other commenter implied I got hoodwinked when the dealer lowered my monthly payment by lengthening the term.
- mrkurt 17y agoOh, I wasn't trying to imply that. I was just curious how you'd negotiated. People often "lose" when they're negotiating a monthly price versus walking into a dealership having already shopped for financing, and then negotiating a cash purchase price. That said, if you pay cash for cars, I really don't understand the monthly prices in all of your posts. It just adds confusion.