2011+ Camaro or Mustang?

Yaj Yak

Gladys
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tumblr_lq298ka2Gx1qba0x7.gif
 

Dasfinc

Ready for the EVlution
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Yaj Yak

Gladys
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What kind of interest rates are there on used cars now? It could be worth an extra couple grand to get 0% on a brand new one if he plans to make normal payments on it

I think you can find 2-3% ish used... are new manufacturers offering 0% right now?


edit... you can get 48 months 0% on 2014 mustangs plus $1k cash back.

0% APR for 48 mos.
Ford Credit Financing

PLUS
$1,000
Bonus Cash


OR
$3,000
Cash Back




my credit union offers this right now for new or used...

Loan Terms & Conditions Term APR as low as
New and Used Cars, Trucks, and Vans Purchase or Refinance 2007 – 2013, The year of the vehicle will determine the term of the loan

36 months 1.74%
48 months 1.74%
60 months 2.49%
72 months 2.49%
84 months 4.19%
 

Yaj Yak

Gladys
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So say 28 out the door new 0% for 48 vs 25k out the door with 1.75% interest for 48 what one cost more in the end someone smart figure it out, I don't math like that lol

I just did it... the 1.75% interest on the used wins by a few grand.

but also- there is a different way to do this as well- ford currently offers up to $3k cash back. so say you could get the new mustang for 25-26k out the door with the cash back- and then finance through a credit union for 1.75%, you are much closer to the price of the used car doing it this way... and i'd probably give the nod to the new car with my own financing and the 3k back
 

Yaj Yak

Gladys
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May 24, 2007
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Niche score of 2,363
You have to watch the dealers "0%" bring someone that is good with numbers (accountant, CPA, etc) as the dealer will try to sneak finance charges or BS charges in there without you realizing it.

that was off of Ford's website... so that would be a true 0% being available.. but at the same time- finance shenanigans can happen anywhere at any point
 

1quick

TCG Elite Member
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Jan 29, 2008
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coal city
I just did it... the 1.75% interest on the used wins by a few grand.

but also- there is a different way to do this as well- ford currently offers up to $3k cash back. so say you could get the new mustang for 25-26k out the door with the cash back- and then finance through a credit union for 1.75%, you are much closer to the price of the used car doing it this way... and i'd probably give the nod to the new car with my own financing and the 3k back

I would probably spend 2k extra just to have brand new that no one else has ripped on
 
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