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S-197 Mustangs
Recent buyers...what have you been paying?
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<blockquote data-quote="David Hester" data-source="post: 7454146" data-attributes="member: 6794"><p>Invoice is not bad for a car you really want. MSRP seems to be about 10% above invoice.</p><p>We just bought an '08 Lincoln for invoice less rebate from Ford.</p><p> Dealer gets an extra $700 for selling the car. Most dealers won't let you have the $700. (Invoice less $700 is REAL close to what they pay).</p><p>We did get the $4,500 rebates from Ford, though, so if we pay it off in 2 years like I plan, we REALLY did get the car for under invoice.</p><p>On the 0%. You have to decide if you are going to take the full 48-60 months to pay off. </p><p>My dealer looked at both ways. </p><p>0% you pay Invoice $35,000 (better than MSRP $38,600).</p><p>BUT if you can pay off early...</p><p>We got invoice less $4500 in rebates and paid $5,000 down.</p><p>5.99% interest for 48 months works out to $4,600...so we pay $100 more than invoice total.- would have been better to take the 0% and pay longer.</p><p>If we pay off in 24 like I plan, I only pay tad over $2,900 interest.</p><p>I save $1,600 under invoice.</p></blockquote><p></p>
[QUOTE="David Hester, post: 7454146, member: 6794"] Invoice is not bad for a car you really want. MSRP seems to be about 10% above invoice. We just bought an '08 Lincoln for invoice less rebate from Ford. Dealer gets an extra $700 for selling the car. Most dealers won't let you have the $700. (Invoice less $700 is REAL close to what they pay). We did get the $4,500 rebates from Ford, though, so if we pay it off in 2 years like I plan, we REALLY did get the car for under invoice. On the 0%. You have to decide if you are going to take the full 48-60 months to pay off. My dealer looked at both ways. 0% you pay Invoice $35,000 (better than MSRP $38,600). BUT if you can pay off early... We got invoice less $4500 in rebates and paid $5,000 down. 5.99% interest for 48 months works out to $4,600...so we pay $100 more than invoice total.- would have been better to take the 0% and pay longer. If we pay off in 24 like I plan, I only pay tad over $2,900 interest. I save $1,600 under invoice. [/QUOTE]
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