car buying help
  1. Welcome to 9th Gen Civic Forum : 2012 Honda Civic Forums - 9th Generation – General discussion forum for 9th Gen Civic

    Welcome to 9th Gen Civic Forum : 2012 Honda Civic Forums - 9th Generation - a website dedicated to all things 9th Gen Civic.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join 9th Gen Civic today!
     
+ Reply to Thread
Results 1 to 2 of 2

Thread: car buying help

  1. #1
    Junior Member
    Join Date
    Apr 2012
    Posts
    1

    car buying help

    looking to buy an lx or ex sedan... talked to a dealer today and said that because i am upside down in my current car loan, i cant get finanaced through honda (as i knew) because the difference is more than 10% of the car purchase price. i will get about 3500 for trade in i am figuring. the salesman told me that because i will be financed through a bank, 'honda will knock 1500 of the price'....hmmmm
    now this got in my head... instead of doing that deal on an LX, why not pay full price for a EX if they will give me more for my trade (honestly i'd have to get 4300 for a trade and i know the car max trade in value is probably 3500-3800) i just want the 1.99% interest rate honda is offering. if i couldn't do this, i'd be just getting a lx, because of the higher bank interest rate. i would pay about the same in either deal and way less in financing costs for the ex at the lower interest rate.

    does this deal just sound like wishful (crazy) thinking on my part, or do actually think theyd go for it? thoughts please...

  2. Remove Advertisements
    9th Civic
    Advertisements
     

  3. #2
    Member
    Join Date
    Mar 2012
    Location
    S.F. Bay Area
    Posts
    72
    i'd say hold off on the buy... straighten out your finances first and by then you would have saved up some money and also can get a lower interest rate through honda. i bought mine with 0% apr and its great that i dont have to pay extra.
    2012 CBP Si

    K24z7 Crew Member #20

+ Reply to Thread

Quick Reply Quick Reply

Register Now

Please select your insurance company (Optional)

Similar Threads

  1. What do you least like about buying a new or used car?
    By Hondapwr in forum Water Cooler
    Replies: 16
    Last Post: 08-26-2012, 05:28 PM
  2. Best buying experience ever!
    By bento in forum California
    Replies: 11
    Last Post: 11-02-2011, 05:14 AM

Tags for this Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBadvanced CMPS v4.1.2