Is this a good Finance Price?

[buffy3444]

Is this a good deal? MSRP is $43800. $5500 down with a $2000 trade in. $544/month for 75 months.

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[buffy3444]

Is this a good deal? MSRP is $43800. $5500 down with a $2000 trade in. $544/month for 75 months.

I want to add that my trade in is a hunk of junk so they are giving me a really good price for that.

 

[adbeck]

It’s hard to say without knowing how much taxes/tags/fees/etc your state charges. The dealership usually want to work by what your payment is, but it’s better to know what you are actually spending on the vehicle.

 

[kevman65]

If you are paying MSRP then no, it is not a good price.

With the current situation and the way big ticket sales are flat, most dealerships are offering Friends and Family pricing, which is figured from invoice not MSRP.
Offers of 0% or near 0% financing are increasing also, more models being opened up.

Also, take into consideration, 2020 models are near year end and 2021's will be due soon. Things are going to be weird on "next" year models.

 

[jadmt]

well in payments you are paying $40800 so add the $7500 for trade and down so total payment for vehicle is $48,300. so if you subtract the 7500 from the msrp (nobody should be paying msrp) you are paying 3.8% on the loan which is a decent interest rate

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