Hey! I am just checking with the super-d-duper awesome Hackr community if what I am offering the dealer is reasonable based on all y’alls experience:
Hellcat Widebody 2018
Base price: 64295
Widebody performance package 6000
Demonic red seats 250
Automatic 2995
Power sunroof 1995
Painted black satin hood 1995
Engine block heater 95
Summer tires 695
Black brake calipers 495
Gas guzzler 1700
Destination charge 1095 Total price on sticker 81,610
(They have the windows tinted already AND they have a 3M front end wrap that they do not even mention in the price, both of which I was going to do anyways)
I was going to offer the following:
5k off for a total of 76,610
Money factor 0.001
A reasonable document fee
A reasonable acquisition fee (I won’t mention fees unless they do first!)
12,000 miles/year
36 month term
zero drive off
Residual 70%
Oklahoma tax is 3.25%
Title fee 11
Registration fee 96
~$773/month
This puts me at a monthly payment of a little under 1% of the MSRP, which I think makes this a fair deal.
What do you think of this offer I will be presenting tomorrow? Am I being unrealistic because it’s a Widebody Hellcat? I do a dealer search and widebody Hellcats are few and far between. Should I be expecting to pay a premium on a first year widebody hellcat? Or is this a totally reasonable offer?
good luck padawan. but going into a dealer offering that will most likely result in great disappointment as they will not say, sure, docfry, we’ll give it to you for $773 month and 0 drive off. not even. after. 10 hours.
Ok, now that I understand this a little better and I got some real tangible numbers from the dealer, what do y’all think of this for a 2018 Widebody Hellcat:
Sales price 83610 (more expensive than other hellcats due to window tinting, summer tires, custom hellcat logo, black satin hood, 3M front end protection, etc ----> and they won’t budge on the price! Another dealer I called for a different widebody said they won’t budge either!)
Money factor 0.00011 (yeah, pretty close to zero!)
12,000 miles, 36 months
Residual 61%
Oklahoma sales tax 4.25% (I’m in one of those states that has to pay taxes on the ENTIRE amount of the vehicle)
Monthly rate ~1071 per month (taxes rolled in)
Now, I called my bank and they are offering a loan at 3.99%, no money down, 84 months, $1142 per month.
So, for those experienced in leasing since I have never done so, why would I lease if I can buy for almost the exact same price? Is there a true advantage? Especially, since I have to pay tax on the FULL value of the car anyways…? I still have much to learn.
Thanks so much for the help! I hope to pay it forward one day!