Think im in good shape.

[hildrethj01]

Here is the deal. Been saving for a car that i want. Found a dealership that is selling one for 12k. This will be the first car that I buy from a dealership. This is what i will have when I go see if I can get it. $7,500 to put a down payment. I have a CS over 700. Pretty sure I can get it but will be asking if I can do a 4to 5 year loan but I can pay it off in a year

 

[Bulljacket]

Here is the deal. Been saving for a car that i want. Found a dealership that is selling one for 12k. This will be the first car that I buy from a dealership. This is what i will have when I go see if I can get it. $7,500 to put a down payment. I have a CS over 700. Pretty sure I can get it but will be asking if I can do a 4to 5 year loan but I can pay it off in a year

With that down payment and a CS above 700 you will get a car, you just have to make sure you get the deal YOU want. I'd say you will.

 

[safellows1967]

Tell them you do not want extended warranty or any other add ons....

 

[railin93]

if they dont want to give you what you want with your position walking in, get up and head for the door....guaranteed the sales guy will be chasing your tail to the door to keep you there....best of luck!

 

[safellows1967]

if they dont want to give you what you want with your position walking in, get up and head for the door....guaranteed the sales guy will be chasing your tail to the door to keep you there....best of luck!

^^^^^^^Absolutely!

 

[NY63]

If you can wait, wait until you have enough cash to pay in full. Car payments, even if manageable, are a serious drain on your wealth-building. If you must have a car now, I recommend you buy what you can afford. If you are dead set on getting this car, don't allow your emotions to guide your actions. People in sales can smell that and will capitalize on your desire for the vehicle. If financing, work with a credit union such as Associated Credit Union. Their current rate for auto loans is as low as 1.79%. https://www.acuonline.org/home/home

 

[bsmith104]

Tell them you do not want extended warranty or any other add ons....

THIS!!! I got screwed so hard on my warranty I'm still cussing that sales douche

 

[Leatherhead]

Tell them you do not want extended warranty or any other add ons....

x2!!!!

THAT is where they make their pocket money.

 

[Gadgetsrfun]

If you can wait, wait until you have enough cash to pay in full. Car payments, even if manageable, are a serious drain on your wealth-building. If you must have a car now, I recommend you buy what you can afford. If you are dead set on getting this car, don't allow your emotions to guide your actions. People in sales can smell that and will capitalize on your desire for the vehicle. If financing, work with a credit union such as Associated Credit Union. Their current rate for auto loans is as low as 1.79%. https://www.acuonline.org/home/home

Dave Ramsey speak.. I like it..

 

[aloo1]

Why finance the remaining for 4-5 years? Some credit unions will have a lower rate for 24-36 month terms rather than 48-60 months. You already plan to pay it off in a year anyways so the term you finance should only be an interest rate tool b/c lowering a monthly payment for you isn't a concern b/c you will make larger payments on your own anyways b/c you only want to pay on it for a year.