Re: Who likes hatchback cars?

"Mike Hunter" <mikehunt2@xxxxxxxxxxxx> wrote in message
news:L8KcnbY2OegADJ7ZUSdV9g@xxxxxxxxxx
Have you purchased a new vehicle recently? Do yourself a favor, go out
into
the real world and compare the total cost of driving home different
brands.
Pontiac dealers offer better trade prices than Toyota dealers, have fewer
'required' options and GM offers better interest rates. Do you have an
idea
that it costs almost $1,800 more to pay off a 4 yr 5.9% loan then a 2.9%
loan? GM as been selling the Vibe as low as ZERO, for several thousands
less in interest
mike hunt

For those that don't pay cash, access to cheap loans is helpful, and a smart
customer will realize this. Of course, right now, the GM deals on Vibe are
about 5.9% for 4 years (Edmunds), so what't this "2.9%" you're going on
with? Were you comparing a 4 year 5.9% loan to a 2 year 2.9% loan? That
won't fly. Presuming you were just mistaken about what's presently
available and meant 4 years on both, the difference would be more in the
neighborhood of $1200.

But, since GM isn't offering 2.9% on 4-year loans, let's return to the real
world and consider a 4-year, $18K load at 8% from the local bank, which is
$439/month, to a 4-year, $18K loan from GMAC at 5.9%, which is $422/month or
about $800 over the life of the loan.

Of course, if you take the GM financing deal, don't you lose your "customer
cash?"

But, look, Toyota's offering "customer cash" or 4.75% (Edmunds). And let's
now consider that the Matrix is cheaper...

Vibe $18K, 5.9%, 4 years = payments of $422/month.
Matrix, $17K, 4.75%, 4 years = payments of $390/month

So, the Vibe is $32/month more for 48 months or $1,536 more, total, in
payments.

Well, at least we are getting closer to your $1,800 figure. Here's a
thought, the sales tax on $18,000 will be higher than the tax on $17,000.
That gets us even closer to your $1,800 figure. Happy?

"Mark" <bogusmailmark@xxxxxxxxx> wrote in message
news:1141075890.179779.295710@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Mike -

I really hate to tell you this ;-) , but KBB also claims that
consumers are paying MORE for new Vibes.

$16,650 vs $16,514 for a 2WD manual in both cars (in order to compare
apples to apples), looking at the new car blue book value.

Check it out for yourself.


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