Went to laurie Williamson GM today to look at a truck

[Mattones]

So I went to the laurie Williamson GM Dealer in Sauga today and priced out a 2009 GMC Canyon. I delt with a good sales person. I told him i was either buying new or used and not 100% sure. He took me in and showed me some 09's. Priced one out and with executive pricing it would run me $30k. And if I were to pay cash i would get $4,500 off.. Then the truck would be truck $25k. If i recall it was 0.9 to finace for 60 months. With banks so high i doubt i'll finance through the bank. But i guess it wont hurt to go in an check.

Would it be worth going going with the bank just to get that $4500 off or would i end uo paying that to the bank in the end?

Tough to decide. If i wanna buy new or used. I can't get over that freight charge of $1200!!

[fireguy9]

If you have a heloc or secure borrowing acct,,,, its prime +1 =4%

[PMM1]

Hi

So I went to the laurie Williamson GM Dealer in Sauga today and priced out a 2009 GMC Canyon. I delt with a good sales person. I told him i was either buying new or used and not 100% sure. He took me in and showed me some 09's. Priced one out and with executive pricing it would run me $30k. And if I were to pay cash i would get $4,500 off.. Then the truck would be truck $25k. If i recall it was 0.9 to finace for 60 months. With banks so high i doubt i'll finance through the bank. But i guess it wont hurt to go in an check.

Would it be worth going going with the bank just to get that $4500 off or would i end uo paying that to the bank in the end?

Tough to decide. If i wanna buy new or used. I can't get over that freight charge of $1200!!


Do the math, 60 months 25 K financed at 6% = 482.47*60 =28948 or there abouts. So you pay the bank $3948 interest and you are about $550 ahead.

PMM

[Birdman]

Double check with your dealer. There was a promotion on the go where if you used "dealer financing" - NOT GMAC - there was an additional $3000-$4000 in incentives.

The rate was around 8%, but you could take the loan then pay it off in a couple of months.

Ask about the incentives again. I just priced a canyon and it was $5800 off with an additional $1000 loyalty if you have a current lease. I'll be checking with a second dealer on Monday so I'll double check that.

Employee pricing on that model is $4000-$5000 off MSRP, so shoot for that.