Submitted by Silly_willy__ t3_z6x03s in personalfinance
Silly_willy__ OP t1_iy3kn4w wrote
Reply to comment by TROLLMEIZTER in Financing a new car? by Silly_willy__
So how do I get it to a monthly payment I can afford though if I don’t negotiate it?
mystinkyfingers t1_iy3n5io wrote
Go online and find a loan calculator. Play around with it and see what you can afford. Familiarize yourself with how the interest rate and the length of the loan affect the payment. The big thing you're negotiating is the price and interest rate.
Silly_willy__ OP t1_iy3ns4d wrote
Can you negotiate price on a new vehicle? Or are you negotiating the add ons?
mystinkyfingers t1_iy3ocli wrote
Maybe you can try to negotiate both but they don't have to. Most Hondas have a waiting list to get a new one.
elidefoe t1_iy3o3uz wrote
You don't negotiating payments, you negotiate the price out the door. Payments are easier to digest, $20000 or $350 a month.
I would contact a local muffler shop I had the same issue a few years ago. Dealership wanted 2k for replacement catalytic converter, local muffler shop was $350. Honda's are good cars and can last 250k miles. It will be cheaper to maintain for a bit longer, car prices are coming down.
autonerd1 t1_iy40my1 wrote
He/She is saying negotiate the final out the door price aka the big number. Negotiating the monthly payment does nothing as they can change how long you will pay the car for her to lower a monthly payment.
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