Should I Get This Car? UPDATED

[Normchacho]

StarOcean said:

Normchacho said:

No no no no no no no. Even if the car was fine, DO NOT buy a car from that dealership. There is all kinds of bad vibes coming from this whole situation.

1. I'd recommend getting your financing situation squared away from a bank BEFORE you go to a dealership (by that I mean, make sure you've been approved for a loan from a reputable place so that you can just pay the dealership cash and finance through the bank). Used car places are very hit and miss and some won't hesitate to take advantage of you. Especially if you're new to buying a car.

2. Go with something that's going to be cheaper to maintain and that's going to be more reliable. BMWs are great, but it's going to be pretty expensive to own.


Oh, and did they tell you the term and APR for the loan? Because...$270 for a car that costs $10,500 is pretty high. That's like 48 month at 16-17%. Which, considering your credit...doesn't seem too crazy...but it could also be 60 months at like 23-24%. Then you're stuck paying for an 8 year old car for 5 years.

 

Source: I used to sell cars/been a car guy my whole life.

Ok so avoid them. But what do I do tomorrow? Tell them I'm not interested? Those guys kind of freak me out, if not because they were very unprofessional being like, "You aren't leaving this lot until you own a fucking car!" and (they were referring to a customer who had walked out on them) "Oh that motherfucker ain't coming back, is he? Fuck that asshole." just didn't seem very... customer friendly XD but I can just say I'm no longer interested? It's hard to do since they brought the banker in and spent 2hrs to get me a car and were like "Dude, we got our banker friend here to help you get a car. Man, least you can do is be respectful and hear him out, man." -obvious guilt tripping but It works x~x

Yeah, call them and tell them you're no longer interested in the car. They are deliberatley trying to push you hard to buy the car but you need to be your own advocate because nobody else will. If they give you a hard time (which it sounds like they will) hang up on them and never speak to them again.

 

and like I said, did they give you more specific details on the loan itself?

 

Oh! and also check NADA.com. That's the sight that a lot of dealers use when pricing their used cars (it's the National Auto Dealers Association website).