pncguy,
My deal on 11/2/15 was very similar to yours except the finance charge was 3.99%, for some reason I got a $6,000 rebate and the only tax credit in Florida is the $7,500 federal credit? The tax credit timing is good for me because doing a rough calculation my withholding was short this year. Without buying the car I would have sent Uncle Sam a Check for $4,000 with my 2015 income tax return now they send me a refund.
After I got it home I called the dealer the next morning. The sales manager told me if I wanted the 0% I needed to come back and redo the contract and pay $2,000 more.
I paid the loan off after 5 days. I hate car payments. Had it been at 0% there was a 50/50 chance I still would have paid it off.
FULL DISCLOSURE. Here is my sticker price and all details:
$ 35,120 RETAIL BASE PRICE
+$ 190 SPLASH GUARDS
+$ 395 PEARL WHITE PAINT
+$ 180 FLOOR MATS AND CARGO AREA MAT
+$ 1,570 PREMIUM PACKAGE (Around View Monitor and BOSE 7 Speaker Audio System)
+$ 850 DESTINATION CHARGE
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$38,305 TOTAL MSRP on Factory window sticker
$33.859 Agreed on price before Fees, Sales Tax and before the $6,000 rebate applied as down payment
FEES;
+$799.00 Dealer Doc/handling/profit fee
+$198.00 Electronic Registration Fee
+$ 1.50 Lead Acid Battery Fee
$ 5.00 NEW TIRE FEE
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$34,859.19 TAXABLE SUBTOTAL
+$ 2,141.00 FLORIDA STATE SALES TAX
+$ 143.14 TITLE, REGISTRATION AND LICENSE FEES
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$37,143.90 TOTAL SALE PRICE
- $6,000.00 REBATE
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$31,143.90 BALANCE FINANCED WITH NOTHING OUT OF POCKET (Sign and Drive)
489.63 monthly payments for 72 months
(Had I NOT ALREADY PAID OFF LOAN to avoid $3,999 in interest)
7,500 expected federal tax credit
