Considering a 2015 Prius 2. Advertised price otd is $20,500 +300 tax so $20,800 OTD. This price is great, however the price if i take advantage of the 0% apr is $24,267. Any thoughts? It is obvious I will have to settle for a 1.9% rate, which is annoying they won't offer that price.
At least here in California the deal to the public is $3K instant rebate OR $1K rebate + 0% financing, so the difference should be closer to that. usually the dealer gets some kick back from financing through TFS as well
I'm writting this on a crappy i-thingy and I don't have time to pencil it out for you, but there's a reason that most financial advisors will tell you to pre-qualify for a 1.25-percent bank loan (or whatever your locar rate is) instead of dealing with the teaser rate. Beware the dealers in SC. When I was there as a squid, they were horrible. IIRC, they're unloading G3s on the left coast for 19 and change plus TTL. Your deal is close enough. Go to a CU, or a local or regional (small) bank and see wht their rates are based on your credit. Negotiate an OTD deal. No admin fees..... No tax... No last doc fees.... No warranties.... No insurance or GAP.... No 'optional' crap..... I give you "X" You give me the car. Good Luck!
