Picked up our 600 yesterday!
#16
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12Pack, that will normally be true. You will generally (not always) be better off by taking 0% instead of the rebate, because you will save more than the rebate in interest over the life of the loan (depending, again, on loan amount and term).
Do an amortization of the same loan amount at 0% and whatever interest rate, and see how much interest you will pay.
THat is why 0% PLUS a rebate is such a good deal.
Do an amortization of the same loan amount at 0% and whatever interest rate, and see how much interest you will pay.
THat is why 0% PLUS a rebate is such a good deal.
#17
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Agreed, as there can be a big difference in interest comparing 0% for 36 months or 72 months, what Dodge is offering for the Caravan's right now. ($3500 or $4500 back)
Gee, by the time I order, if a certain senator from MA is living at 1600 Penn Ave, and the economy starts to tank, 0% for 72 might be offered for the HD's.
Wouldn't it be ironic if when the current rebate/incentive offers expires next week, Dodge sees not many HD's are selling in the northeast (due to supply as you know) so they offer a regional 0% for 60 months? Wouldn't that break your heart for the wait they're putting you through in your ram doesn't arrive by then?
Gee, by the time I order, if a certain senator from MA is living at 1600 Penn Ave, and the economy starts to tank, 0% for 72 might be offered for the HD's.
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Wouldn't it be ironic if when the current rebate/incentive offers expires next week, Dodge sees not many HD's are selling in the northeast (due to supply as you know) so they offer a regional 0% for 60 months? Wouldn't that break your heart for the wait they're putting you through in your ram doesn't arrive by then?
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#18
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If anything, just the opposite will happen. There ar no 600s to go around, so dealers will be able to gouge with the few they have. In other words, you just can't "walk" to the next dealer, like you could with a Neon or Intrepid.
Supply and demand, my friend. Right now, there is no supply, but there is demand.
Next time, I go with Tomeygun.
Supply and demand, my friend. Right now, there is no supply, but there is demand.
Next time, I go with Tomeygun.
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#19
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Originally posted by wexman
If anything, just the opposite will happen. There ar no 600s to go around, so dealers will be able to gouge with the few they have. Supply and demand, my friend. Right now, there is no supply, but there is demand.
Next time, I go with Tomeygun.
If anything, just the opposite will happen. There ar no 600s to go around, so dealers will be able to gouge with the few they have. Supply and demand, my friend. Right now, there is no supply, but there is demand.
Next time, I go with Tomeygun.
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#20
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Originally posted by dcorneli
Supposedly, you have to pick the truck up within 5 days of it arriving at the dealership to maintain qualification (you may want to doublecheck that).
Supposedly, you have to pick the truck up within 5 days of it arriving at the dealership to maintain qualification (you may want to doublecheck that).
#21
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Originally posted by wexman
12Pack, that will normally be true. You will generally (not always) be better off by taking 0% instead of the rebate, because you will save more than the rebate in interest over the life of the loan (depending, again, on loan amount and term).
Do an amortization of the same loan amount at 0% and whatever interest rate, and see how much interest you will pay.
THat is why 0% PLUS a rebate is such a good deal.
12Pack, that will normally be true. You will generally (not always) be better off by taking 0% instead of the rebate, because you will save more than the rebate in interest over the life of the loan (depending, again, on loan amount and term).
Do an amortization of the same loan amount at 0% and whatever interest rate, and see how much interest you will pay.
THat is why 0% PLUS a rebate is such a good deal.
I worked the numbers all which-a-ways in Excel, and the $2000+0% was always the better deal -- that is, unless you're paying cash!
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#22
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Actually, 0% IS paying cash, just paying it over time.
So, if you are just going to write a check, take the BIGGER rebate, if it's an either/or choice.
If I am not successful in getting the dealer to honor the 0+, the I probably will taker the bigger rebate, and pay the rest in cash.
So, if you are just going to write a check, take the BIGGER rebate, if it's an either/or choice.
If I am not successful in getting the dealer to honor the 0+, the I probably will taker the bigger rebate, and pay the rest in cash.
#23
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Originally posted by wexman
If I am not successful in getting the dealer to honor the 0+, the I probably will taker the bigger rebate, and pay the rest in cash.
If I am not successful in getting the dealer to honor the 0+, the I probably will taker the bigger rebate, and pay the rest in cash.
But hey, if you're going to pay cash, $3,500 off is pretty sweet.
#24
It's my pot and I'll stir it if I want to. If you're not careful, I'll stir your's as well!
dcorneli, if it were me I would write a short letter to the president of that dealership outlining what happened. If his guy is doing something illegal he may not be aware of it and will thank you. In any case the president needs to know that customers such as you are savvy enough to go thru the steps to right the wrong.
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In any case the president needs to know that customers such as you are savvy enough to go thru the steps to right the wrong.
Scott, I'd hedge against that possibility by having the dealership go ahead and call the Program Headquarters number ahead of time
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