First, "It is not free money because (1) you are not getting nearly as much $$$ for your trade in," Nonsense. You control your trade-in. If you don't like what they offer, walk away. Or better yet, sell it yourself -- you'll get a better deal. No one has to have a trade-in, and you don't have to passively bend over for the dealer, either. Didn't they mention that in the WSJ article you read that gave you your expertise in this area? "(2) because the price of the new car has increased and the price of used cars have decreased A LOT since 0% financing was first offered, your new automobile is depreciating much, much faster the instant you drive it off of the lot," You are so thick-skulled that you can't get this through your head: some people want to buy new, and that's that. You are arguing against one thing, buying a new car, and lumping in 0% financing with your impassioned belief that only fools buy new cars. Decouple the two things and you might learn something. "(3) GM has increased the sticker price of their automobiles because of the lost revenue they used to make off of financing a vehicle." This is actually true. However, 1)sticker price means nothing if you know how to negotiate; 2) this argument again ignores the fact that some people want to buy new, and are willing to pay a premium for that privelege, in which case we return to 2), above. Does that penetrate, Mr. Toughguy Blood? Finally, your original stupid argument droned on and on about how no one should take out a loan for longer than 4 years and a bunch of other drivel I can't be assed to go back and read again. It revealed that you are so dense about credit that you didn't even understand that a 0% loan has value; instead you are worried about the extra year and how that extra year might lead to default and other stupidities. At least you seem to have given up on that nonsense.
Thank you. Though I did make an error. I meant to say that *used* car pricing is more subjective than *new* car pricing. -ingenue
OK ... I will be the first to tell you that your argument has technical merrit. Happy now? It's you attitude that has you in trouble. Nobody around here cares how much you know until they know how much you care, and you don't.
Don't tell him we switched to Imagine, marc!!!!!! He's not done his thread reading homework, tisk tisk. Flick flick! Congrats on your approval, tix, that's a great rate and GM has some fine vehicles, you won't be disappointed! Sassy
You need to have that made into a sampler, fave Butch growling dude! hmmmmm or a fortune cookie! ;-) Sassy
Congrats, Tix! Thank you for sharing your experience and your scores so that others on the board may benefit from them I am very happy for you! What model are you planning to purchase? Wonder why Mr. Blood didn't assume (ass/u/me) that you were buying a new car to impress your friends like he did me? I guess he knows you are less vain than I am ???!! (patting Tix on the back, belting out Kumbaya as loudly as I can!)
Johnny would probably fit in nicely on the MSN or TMF boards, where bashing is considered helpful. Obviously, a positive atmosphere is a negative in his not-so-humble opinion. Just wait until he asks someone to help him, cause sooner or later we all need a little help.
Kumbaya arr. Neil Ginsberg A fun, upbeat, different treatment of this favorite campfire song. The piano gives it real oomph. Enjoy! SATB - piano SBMP 405 see the music Kumbaya was written as Come By Here by Martin V. Frey in the 1930s. A missionary couple traveling to Angola, South Africa, taught the song to the natives there. The words changed to their native dialect and Kumbaya was born. When the song returned to the United States, it retained the new words and has since been thought to be a folk song of South African origin titled Kumbaya. Kumbaya my Lord, Kumbaya. Someone's crying, my Lord, Kumbaya..... Someone's singing, my Lord, Kumbaya.... Someone's praying, my Lord, Kumbaya..... O Lord, Kumbaya.
LOL George, I was just going to ask someone to post the words so I can sing along too, and I get to the end of the post, and there they are. Thanks. Now I don't have to mouth them around the campfire!!
I worked for pepsi up until August, I was an auditor. They treat their employees like crap. Constantly taking money from their paychecks (never took any from me, but every payday I had to deal w/ about 60 pissed off drivers, salesmen) Anywhoo, I know that had nothing to do w/the post but anyway, congrats on the car.
Re: 0% keepmine | 886 posts since Aug 2001 152.163.206.202 | 10.13.2002 @ 18:35 I'll agree with JB about 1 thing. Zero percent is not free money if the underlying asset drops 40% in price in 2 years. Free money is zero percent interest and the asset appreciates in value. ============ Yeah and it's not free if the price is jacked up on the product either/
You would NEVER know if you got a good deal on a car anyway...there are some PAYBACKS that are known, BUT THERE ARE ALSO DEALER PAYBACKS THAT ARE KEPT HUSH~HUSH... You could get $2,000 under the "STICKER" and the DEALER could still clear $5,000 and you would NEVER know... "DEALER INVOICE" means NOTHING either if they show it to you...
