- Jun 23, 2001
- 27,730
- 8
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My 2000 Corolla is getting long in the tooth, 160K miles on it. Starting to nickel and dime me in repairs, replacements, etc.
Figured, I'd go take a look at some newer vehicles since I generously received a 1000 dollar inheritance from a deceased grand parent.
I'm mostly looking at econobox cars, in the same vein as the Corolla. Honda Fit, Toyota Corolla, Ford Focus, Fiesta, what not.
And after 5 hours at the Honda dealership, I think they were trying to rip me off. First, I test drove an Insight Hybrid, but with a sticker price of 22K, it was out of my price range. And I didn't want a hybrid for a variety of reasons. Test drove a 2010 Fit next, which I did like. Little noisy at highway speeds, but its a nice vehicle and highly rated in this class of vehicle. But, with a sticker price of 15,995, 8.8% sales tax, 1690 in accessories, with a 7.6% APR, it was 19K out the door with 24K total paid, 342/month. At a 66 month term.
At 342/month, thats workable within my budget without forcing me into a top Ramen diet, but I was cool towards the sticker pricing and they refused to budge. My dad was more blunt, and blatantly said they were ripping me off.
Since it was so close to the price of a new 2013 Fit, I asked them to run the numbers for that. Which ended up being 0.9% APR, with slightly less than 18K out the door, with 306/month at a 60 month term. Clearly, better, but again, they refused to budge on the sticker price.
Each of these had a 1000 dollar down payment, and a 1000 trade in.
I ended up leaving, stating I wished to test drive other models and do some more research before I committed to having a car payment again.
Does AT Garage think I was getting ripped off, or poorly dealt with the 2013 figures?
Figured, I'd go take a look at some newer vehicles since I generously received a 1000 dollar inheritance from a deceased grand parent.
I'm mostly looking at econobox cars, in the same vein as the Corolla. Honda Fit, Toyota Corolla, Ford Focus, Fiesta, what not.
And after 5 hours at the Honda dealership, I think they were trying to rip me off. First, I test drove an Insight Hybrid, but with a sticker price of 22K, it was out of my price range. And I didn't want a hybrid for a variety of reasons. Test drove a 2010 Fit next, which I did like. Little noisy at highway speeds, but its a nice vehicle and highly rated in this class of vehicle. But, with a sticker price of 15,995, 8.8% sales tax, 1690 in accessories, with a 7.6% APR, it was 19K out the door with 24K total paid, 342/month. At a 66 month term.
At 342/month, thats workable within my budget without forcing me into a top Ramen diet, but I was cool towards the sticker pricing and they refused to budge. My dad was more blunt, and blatantly said they were ripping me off.
Since it was so close to the price of a new 2013 Fit, I asked them to run the numbers for that. Which ended up being 0.9% APR, with slightly less than 18K out the door, with 306/month at a 60 month term. Clearly, better, but again, they refused to budge on the sticker price.
Each of these had a 1000 dollar down payment, and a 1000 trade in.
I ended up leaving, stating I wished to test drive other models and do some more research before I committed to having a car payment again.
Does AT Garage think I was getting ripped off, or poorly dealt with the 2013 figures?