Talk about spending money.
I just spent $18,900.00 on my new Matrix. I needed a new car because my previous one was having mechanical issues.
I didn't want to deal with it anymore and this deal should permit me to live trouble free for a good while.
Talking about finances: I managed to get myself a good deal.
I got 2.9% on a $18,000.00 loan and payed the rest as the "down payment."
The breakdown on my costs are the following:
$18,900.00 purchase price
$945 (5% sales tax)
25 (transfer registration fee)
50 (new title fee)
298(document fee-financing applic. fee)
GRANd TOTAL:
$20,218.00
DOWN PAYMENT IN CASH $2,218.99
LOAN AMOUNT $18,000.00
Special rate financing at 2.9%.
My next 60 monthly payments will be $323.03 each month.
(PLUS INSURANCE).
Hope this gives an insight into the hidden extra fees associated with purchasing a car.
I will discuss "Negotiating the price" momentarity...but believe me...the better prepared you are the better you can handle the situation..with NO SURPRISeS..
I got grilled for a good amount of time before they gave me the price I go..
...I feel like I got a good deal...considering the options in the car.
They were asking $22,259.00 & I got it for $18,900.00; a reduction of $2259.00
Oh well, I am spending a lot of money...and getting in more debt...in the end I am doing it all for Barack Obama.
I am helping stimulate the economy...
...now if I could only stimulate a pay raise soon....
-More to come-
I just bought a MATRIX 2009!!
February 9th, 2009 at 12:51 am
February 9th, 2009 at 12:53 am 1234140804
February 9th, 2009 at 04:20 am 1234153227
February 9th, 2009 at 04:20 am 1234153249
February 9th, 2009 at 09:44 pm 1234215858