Price negotiated from MSRP

[Roddog2220]

The 0% for 84 nukes all incentives. As I said earlier, if they decide to keep the incentives with the 0% I'd be down to my local dealership to buy their fully loaded Laramie.

but it doesnt not nuke the dealer markdowns, just incentives

 

[Roddog2220]

When I was in the dealer a few weeks ago, I could have forgone about $1k in rebates to utilize 0% on 36 months (2020 1500), so I would not have lost all incentives.

Automakers offer no-interest loans, deferred payments as dealerships struggle

While car makers boost incentives with no-interest loans and deferred payments, some auto dealers just hope to survive the outbreak

amp.detroitnews.com

I think it's not a bad idea to wait a little bit longer for a vehicle as prices are only going to get better in the coming weeks/next month.

who offered 0 for 36 months?

 

[Mitchrob85]

who offered 0 for 36 months?

This was the pre-corona deal ram had on their 2020s. The only 0% financing for longer than 3 years they had was on 2019s; 2020s had 0% for 36 months. Now it's 0% for 84 months on both.

 

[SilverSurfer15]

If there is a negative equity situation, the best option is keep the vehicle. All you are doing is rolling it over into your loan, and getting yourself deeper into debt and have more negative equity on the new one. Lots of people do it but it is a stupid decision financially.

and continuing to pay money into something you don’t want for months or years so you can “break even” is a good financial decision? The truth Is you’ve lost the money already. you have to stay in the vehicle AWHILE to really average down the monthly ownership cost.

 

[Roddog2220]

Left ford dealer today, almost bought a king ranch lol. Still might. They were REAL aggressive. 41k trade offer on my truck which has been around 38 previously. 19% off the truck with 0%. It’s a 2019 though, which ford doesn’t have many left. Their 2020 deals aren’t good yet.

what were the numbers on you deal?

 

[Roddog2220]

This was the pre-corona deal ram had on their 2020s. The only 0% financing for longer than 3 years they had was on 2019s; 2020s had 0% for 36 months. Now it's 0% for 84 months on both.

ill take 0 percent for 36, are they still offering?

 

[ktl5005]

and continuing to pay money into something you don’t want for months or years so you can “break even” is a good financial decision? The truth Is you’ve lost the money already. you have to stay in the vehicle AWHILE to really average down the monthly ownership cost.

Very true, both options suck what what is worse? being under water by $2000-$4000 or under water by $6000-$8000???

The reason question is, how did you even get yourself into that position first anyways?

 

[Mitchrob85]

ill take 0 percent for 36, are they still offering?

Looks like they are also offering 36 months at 0% with and additional $4k cash allowance.

 

[YellowSled]

Im new and will make intro later in correct forum. Just put down payment on a new 2020 Limited.
Sticker $62,730
Sale price $54,902 (before tax title and such)
-$7,828 off sticker

Got the 84/0% with no payments for 3 months.

 

[Ddmac]

That is a great deal. Bought my 2019 Longhorn in November and didn’t get near that kind of deal.

 

[Roddog2220]

Im new and will make intro later in correct forum. Just put down payment on a new 2020 Limited.
Sticker $62,730
Sale price $54,902 (before tax title and such)
-$7,828 off sticker

Got the 84/0% with no payments for 3 months.

yep, im looking at ones that are dealer discounted up to 10k, you can get that along with 0 percent

 

[Willwork4truck]

Im new and will make intro later in correct forum. Just put down payment on a new 2020 Limited.
Sticker $62,730
Sale price $54,902 (before tax title and such)
-$7,828 off sticker

Got the 84/0% with no payments for 3 months.

when you take delivery make sure you see if the $250 rebate applies to you, google "Bonus Drive". Hundreds of us have gotten one, takes 6-8 weeks.

 

[ktl5005]

Im new and will make intro later in correct forum. Just put down payment on a new 2020 Limited.
Sticker $62,730
Sale price $54,902 (before tax title and such)
-$7,828 off sticker

Got the 84/0% with no payments for 3 months.

That's a killer deal. Was that dealer discounts below MSRP b/c the 0% nukes the incentives.

 

[YellowSled]

well its a no go for now. Dealer wont take the POA, so gotta wait till i get back stateside.

 

[SilverSurfer15]

well its a no go for now. Dealer wont take the POA, so gotta wait till i get back stateside.

you can get that discount pretty regularly so you should be cool when you do do buy. Aside from missing the 0% 84 deal lol.

 

[Roddog2220]

That's a killer deal. Was that dealer discounts below MSRP b/c the 0% nukes the incentives.

a killer deal? depends on where you are, i would laugh at the dealer offering me that with what is going on right now

 

[2020RamSport]

and continuing to pay money into something you don’t want for months or years so you can “break even” is a good financial decision?

Actually, it is; that's the only way to get out from being underwater. Debt free is the way to be!

 

[Roddog2220]

Actually, it is; that's the only way to get out from being underwater. Debt free is the way to be!

debt free is the way to be???? or you could borrow money at 0percent and draw 8-10!!

 

[BugGuy]

a killer deal? depends on where you are, i would laugh at the dealer offering me that with what is going on right now

I didn't think it was that great of a deal either, (espeically with what's going on). I just didn't want to crap on the guys deal. lol

 

[Willwork4truck]

debt free is the way to be???? or you could borrow money at 0percent and draw 8-10!!

If you could safely draw 8-10% like back in the early 2000’s maybe yes but now at .05% interest? Nope.
A paid truck is way better than a debt, pyramid scheme real estate buyers notwithstanding. But then I’m in my 60’s and hate debt. Taught too many years ago to avoid it for anything but a house, and to pay that off early.
(floodgates are now open for the invest the money responses...).