Am I getting the best Deal?????

[Fatbeard]

I picked up my new 2004 Saturn Vue on Saturday. It is the V6 with a power sunroof and floormats.

Sticker Price was $24,323

$3,000 Dollar GM loyalty

$2,000 Dollar Trade In

$1,000 Dollar Down payment

4.1% Interest Rate

60 Month loan @ $375 / Month

I haven't actually signed any papers yet and I was wondering if i got a good deal compared to some other saturn Vue Buyers. I go back to sign the papers tomorrow and i would love any info you guys could give me on how to get these payments lower.

Thanks,

Josh


By the way I love my new VUE. Unfortuneatley not as much as my Wife

[protonixo]

while a $3000 incentive may seem like a lot, it has been higher in past months....in april, incentives were like up to $4500 or so (QVC, Truckfest, etc)...not trying to discourage you though...

not sure if some of the other offers apply to you but look at this thread..

http://www.saturnfans.com/forums/sho...threadid=38028

[slowneo]

Is that 1000 down your money or "downpayment assistance" from Saturn?

[MikeF]

4.1% interest rate is rather harsh. Although itnerest rates are on the rise.

The loan you described will cost about $2,000 in interest over its life. So that ate up 2/3rds of the GM Loyalty program.

I bought my Vue last month with the 0.0% interst, however June wasn't a good month for non-GM incentives.

Check to see if you waive the "$1000 down payment assistence" if you can get a better interest rate.

If you waive the $1000 and get the 0.0% (if available), that will save you $1000.

-Mike

[ricksLS1]

I read in USATODAY that GM is rasing their incentives on 2004's. You may want to check. You may want to see if you can get a better rate. 4.1 dosen't sound to bad compared to a bank. Maybe take a shorter term loan to reduce the intrest but you would have higher payments or put more down.

[sspeer]

I'm sure the rebates will go up as the 2005s get ready to roll, but then you need to think about the resale difference for a year newer car versus the incentive bonus. If you keep your vehicles for a while, then go for the incentives.

Since you're looking at the V6, the 05 changes may factor in as well, the chrome bezels in the headlamps, door handles, and the body colored mirrors..

[chadbt]

$2000 trade in? You must be trading in a 2003 VUE.

[rickpa75]

I am about to purchase an 04' RL and have actually learned a lot from reading this forum as well as checking out the townhall talk on Edmunds.com

So far, my plan is this:
1.) Drive-ahead program is active thru August. Give back 2002 Corvette (which I lost my shirt on - never lease a Vette)
2.) Owner loyalty - even though I leased, I'm still allowed to get the $3000.
3.) Flex Vouchers - you can get up to 6 - valued @ $250 each. (Might as well try for them all - don't know if you don't try)
4.) 0.0% GM Financing

There is also a phantom $750 discount you can get if the dealer already prepped and Installed dealer options. Never pay for those....

So, In all, I should get my fully-loaded VUE RL for somewhere in the $26k range, which come to under $450 month.

[sspeer]

Are you getting out of the Corvette lease early? or did you have an open end lease?

[rickpa75]

Yes - my lease was supposed to go until January 05', but looking at the tires - they probably won't last that long and I'm not giving GM my car back with $1200 worth of new rubber. Plus - it's time.....I love the car, but it just isn't suitable for my everyday driver AND if I want to buy it at the end of the lease, I'd have to pay more than the car is worth. Just plain idiotic.

[sspeer]

I had a 98 Z24 I may have kept, but it was upside down in value and Illinois ends up taxing you again when you buy it.

Is it possible to find used tires? or cheaper tires? not sure what the rules are on that

[rickpa75]

I could put used, but they have to have a certain level of tread left....(not exactly sure the measurment - but I'm still good). With the 0.0% financing, I know that won't last forever - especially with the Feds upping the rate last week and supposedly again in August, I figure now is a good time to buy and stop paying the extra insurance costs as well associated to the Vette. It's a hard move, but I need to think about the bottom line....plus I'll wait till the winter and pick up an older Vette - then that insurance will only be around $300 a year!

[snowdog]

GM summer bash er something like that just started with $5000.00 off most models!!!!!!!!!!!

[vue0404]

Regardless of how many discounts, or low financing, or other incentives, why do I always feel like I got screwed the second I walk out the dealers front door?