Why are people this...stupid?
So if any of you read my journal, you know that today I was going to look at a new car for myself. (If you dont like really long explanations, skim ahead because Ive got a doozy here.)
Now, lets not overlook that i'm not looking at a new new car, i'm looking at a new used car.
Basically, I want a car thats quieter, more fuel efficient, and less likely to die sometime soon. Now, my car is by no means dead. It's a 1994. Its a decade old. Some TLC could make the car quite nice. Plus, its rare. Now the model and trim of the car are not rare, the actual car is rare.
The 1994 Mustang GT isnt all that hard to find.
My car isnt a normal GT. When the first owner bought it from Ford, they ordered Ford Racing parts factory-installed.
They also ordered a special version of the 5.0 liter engine. They ordered the H.O. version. High Output. This means the engine sitting under the bonnet of my car makes more power than many, many other mustang GTs of its age.
This alone doubles the sellable value of the car in most cases. In good condition, the car still costs more than a brand new baseline mustang. Almost as much as a new GT. Yes, its that good. You can be in my car, sitting at a red light, next to just about any stock mustang cobra from 94+, and if he spins his tires, even a little, and you dont, you will beat him.
Now, this isnt exactly easy to explain to a used car salesman. The one I talked to, had this little reference guide that he clutched like a bible. It didnt give little options like that for the car. It just listed the trim levels v6 coupe/convertable all the way up to Cobra coupe/convertable. With values based on mileage/condition.
My dad was with me, and we tried to explain that this car, is worth at least $5000 or $6000. (Its really worth a little more than that, most likely). Of course, his little book only said it was worth like 3900. And yes, a normal GT is worth that.
The car i'm looking to get, is a 1997/98 Nissan 240sx. I fell in love with the older version of this car, and after realizing that I really didnt need another car that was a decade old, I decided on a 97/98. Now, this is the first one Ive seen at a dealer in AL. Its in pretty darn good shape. it runs nice, I drove it, and I even broke the rear tires loose to see how easy it was. (I cant help it, I accelerate to the speed limit pretty fast when I drive.)
Now, he's asking 8500. He'll take 8000.
I offered him my car and 2k cash. On the spot, right there, for a straight trade. He takes my pink slip and two grand, I take his pink slip, and we're both happy.
But because my car isnt listed in his little book, for as much as the entire mustang community knows it is, he wont take a deal like that.
So I say "Fine, i'll finance the rest." Only to find out the pissant doesnt have a finance office open on Saturdays. Now, if you work normal hours, when are you gonna find time to go look for a car? The weekend right? Thats right, the weekend. Just how much business do you think this fucks up for him? Probably alot. Oh, and to make matters worse, he cant finance less than 5k. Well that rules out using my car as a trade-in at all.
This leaves me with two options:
-Go to my bank, see if they'll finance me the balance of the sale price of the car, after he gets my trade-in, or possibly, if I have to: finance the remaining balance after my trade-in, and my 2k cash. Which is like a seriously small-ass loan.
-Or I can wait like, two months until I have 4500ish Cash, and walk in with the cash, and my car, and say "Gimme, bitch."
The inherant problem with the second route, is that the car will still have to be there when I get the money saved.
The interesting part of the first method is, I can even try to finance the value of the whole car, then try to sell my car to an enthusiast. 8k loan. Minus my 2k cash = 6k to pay off. Sell my car for 6k = paid off loan as soon as my car is sold.
I dunno now, i'm just kinda annoyed at the punk-ass salesman/owner, and now that Ive typed all that out, i've blown off some of the steam.
I'd actually like replies to this, so feel free.
Now, lets not overlook that i'm not looking at a new new car, i'm looking at a new used car.
Basically, I want a car thats quieter, more fuel efficient, and less likely to die sometime soon. Now, my car is by no means dead. It's a 1994. Its a decade old. Some TLC could make the car quite nice. Plus, its rare. Now the model and trim of the car are not rare, the actual car is rare.
The 1994 Mustang GT isnt all that hard to find.
My car isnt a normal GT. When the first owner bought it from Ford, they ordered Ford Racing parts factory-installed.
They also ordered a special version of the 5.0 liter engine. They ordered the H.O. version. High Output. This means the engine sitting under the bonnet of my car makes more power than many, many other mustang GTs of its age.
This alone doubles the sellable value of the car in most cases. In good condition, the car still costs more than a brand new baseline mustang. Almost as much as a new GT. Yes, its that good. You can be in my car, sitting at a red light, next to just about any stock mustang cobra from 94+, and if he spins his tires, even a little, and you dont, you will beat him.
Now, this isnt exactly easy to explain to a used car salesman. The one I talked to, had this little reference guide that he clutched like a bible. It didnt give little options like that for the car. It just listed the trim levels v6 coupe/convertable all the way up to Cobra coupe/convertable. With values based on mileage/condition.
My dad was with me, and we tried to explain that this car, is worth at least $5000 or $6000. (Its really worth a little more than that, most likely). Of course, his little book only said it was worth like 3900. And yes, a normal GT is worth that.
The car i'm looking to get, is a 1997/98 Nissan 240sx. I fell in love with the older version of this car, and after realizing that I really didnt need another car that was a decade old, I decided on a 97/98. Now, this is the first one Ive seen at a dealer in AL. Its in pretty darn good shape. it runs nice, I drove it, and I even broke the rear tires loose to see how easy it was. (I cant help it, I accelerate to the speed limit pretty fast when I drive.)
Now, he's asking 8500. He'll take 8000.
I offered him my car and 2k cash. On the spot, right there, for a straight trade. He takes my pink slip and two grand, I take his pink slip, and we're both happy.
But because my car isnt listed in his little book, for as much as the entire mustang community knows it is, he wont take a deal like that.
So I say "Fine, i'll finance the rest." Only to find out the pissant doesnt have a finance office open on Saturdays. Now, if you work normal hours, when are you gonna find time to go look for a car? The weekend right? Thats right, the weekend. Just how much business do you think this fucks up for him? Probably alot. Oh, and to make matters worse, he cant finance less than 5k. Well that rules out using my car as a trade-in at all.
This leaves me with two options:
-Go to my bank, see if they'll finance me the balance of the sale price of the car, after he gets my trade-in, or possibly, if I have to: finance the remaining balance after my trade-in, and my 2k cash. Which is like a seriously small-ass loan.
-Or I can wait like, two months until I have 4500ish Cash, and walk in with the cash, and my car, and say "Gimme, bitch."
The inherant problem with the second route, is that the car will still have to be there when I get the money saved.
The interesting part of the first method is, I can even try to finance the value of the whole car, then try to sell my car to an enthusiast. 8k loan. Minus my 2k cash = 6k to pay off. Sell my car for 6k = paid off loan as soon as my car is sold.
I dunno now, i'm just kinda annoyed at the punk-ass salesman/owner, and now that Ive typed all that out, i've blown off some of the steam.
I'd actually like replies to this, so feel free.