Hi, I'm new here but have been lurking for quite a while. I would really appreciate your feedback! I'm not sure what the smart thing is to do regarding price/interest rate and whether or not to keep my car for a while and wait.
I've been eyeing the CX 3 to replace my Toyota Rav4 and have mixed feelings about trading in my car since I love it. But it's a 2004 and has 178,000 miles on it. I'll be needing to throw in another $400 soon for brakes and miscellaneous things, as well as new tires in the near future. If I wait my trade-in value goes down as well.
I just test drove a CX 3 and really enjoyed it. It was a red GT. It was smaller than I expected, especially the cargo area. But it's just me, so I think I would be fine.
The dealer quoted me a price but not sure if the MSRP is negotiable - the price they quoted was the True Car value. They also added in an administration fee of $600, which I was told was non-negotiable. I was also told that new models do not get a lower interest rate -- I was expecting somewhere around 1.9% for a new car vs. a higher rate for a used car. Is this normal? I think I should check out other dealers, but not sure I want to sit through the negotiation for another few hours.
Sorry for the long post. I appreciate any thoughts you can provide! Also, just realized I posted this to new introductions. Not sure where to post and how to do that, sorry!
I've been eyeing the CX 3 to replace my Toyota Rav4 and have mixed feelings about trading in my car since I love it. But it's a 2004 and has 178,000 miles on it. I'll be needing to throw in another $400 soon for brakes and miscellaneous things, as well as new tires in the near future. If I wait my trade-in value goes down as well.
I just test drove a CX 3 and really enjoyed it. It was a red GT. It was smaller than I expected, especially the cargo area. But it's just me, so I think I would be fine.
The dealer quoted me a price but not sure if the MSRP is negotiable - the price they quoted was the True Car value. They also added in an administration fee of $600, which I was told was non-negotiable. I was also told that new models do not get a lower interest rate -- I was expecting somewhere around 1.9% for a new car vs. a higher rate for a used car. Is this normal? I think I should check out other dealers, but not sure I want to sit through the negotiation for another few hours.
Sorry for the long post. I appreciate any thoughts you can provide! Also, just realized I posted this to new introductions. Not sure where to post and how to do that, sorry!
