Wednesday, December 15, 2010

Our new car!

So, after looking around for a whole week, Phil and I found a car we both fell in love with at a Right Price Auto liquidation sale in Idaho Falls- a 2010 Hyundai Sonata. Our budget was originally $8,000-$10,000 and this car was $16,000. I wasn't too thrilled about the price, so I did my research and found the exact same car at a Utah dealership for only $13,000. I figured I would use this information to get the best deal out of this as I could. Well, the salesman was so intent on getting our business, he lowered the price to $15,500 with an APR of 8% and a payment of $300/month. We were thrilled with the APR because on my last car, my APR was 22%, but I did not like the price and asked to get a better deal or we would walk. I've never played hardball before, so I was really nervous about what might happen. The salesman left to talk to the manager and came back with this offer- $15,000, APR of 6.99% and a much better monthly payment. This was such a steal, we couldn't resist, so we went for it. Plus, I found out the Utah dealership sold the car I was interested in, so good thing I didn't go with them! This car is great, it has only 29,000 miles on it, lots of features and I love the blue color. Plus, we didn't have to put any money down and didn't need a co-signer. Plus plus, we get a free CarFax report on it since we bought it and won $35- yes, they pay you to buy a car! Merry Christmas to us!

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