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Old 01-26-2009, 03:38 PM
 
Location: South Park
228 posts, read 841,807 times
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FYI...today i found that the price of used cars is quite similar to new cars...very small difference at the few dealerships I was at and it almost made no sense to buy used when the new prices were so competitive.
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Old 01-26-2009, 03:59 PM
 
1,163 posts, read 1,960,070 times
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Quote:
Originally Posted by DBGNCSU05 View Post
Just make sure you avoid Honda of Concord. They will take you for a ride!
Details please!
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Old 01-26-2009, 04:02 PM
 
1,163 posts, read 1,960,070 times
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Quote:
Originally Posted by jmm051 View Post
With the economy sagging I keep hearing about great deals at the dealerships and I am wondering the truth behind it..
Has anyone looked/purchased recently? Did you find good deals or is it more of a hype? If you are finding/hearing about deals, what brands/models?
For new cars, there are lots of good deals out there.

It really depends on the dealer for used cars. Some "get it" with respect to the economy. Others don't. The ones that don't will go under if they don't start slashing prices.

Individual owners are not moving much. Most are probably upside-down on their cars and don't have enough free cash to sell their cars.
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Old 01-26-2009, 08:22 PM
 
Location: Back in the Mitten. Formerly NC
3,819 posts, read 5,171,623 times
Reputation: 5259
I will second Lake Norman Chrysler. I qualify for a GM discount via my father. Randy Marion quoted me $450 a month for an 09 Malibu. Somehow, a $22K window sticker price with my discount, ended up being $25K in financing I did have to roll $1100 into my financing to break my lease, but still, my with the discount, it should not have been that high.
Lake Norman CJD got me into an 08 Charger for $307 a month. Window sticker was $24K and I financed $19K. That included my $1100 to break my lease. However, I did up my downpayment from $0 to $800.
Oh, and both loans were 72 months.

Last edited by jaynarie; 01-26-2009 at 08:30 PM.. Reason: add in loan length
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Old 01-26-2009, 08:27 PM
 
Location: Back in the Mitten. Formerly NC
3,819 posts, read 5,171,623 times
Reputation: 5259
To enter my 2 cents into the new/used debate, right now, most companies are offering such good rebates, if makes more sense to buy new. Of course it depends on the make and the model, but for the large part, buying new is better right now.
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