The Federal Tax Credits Blog

Posts Tagged ‘car-buying’

Question: Is their Quote on 2009 Toyota Tacoma FAIR?

HI all, I am an new regal immigrant in US and first time trying to buy a car.
I went to Toyota and get a quote 09 Tacoma D-cab long, TRD sports w/JBL. they said base 27,075 + TRD 3,375 + Manu/Delv/Proc/Hndle Fee 795 = MSRP + ADM Fee 579.50 + Tax 7% + Title 21 = 34,073.21. They reduced it on 33,500 out-door price as they expect the rebate for 09 will probably be 1,000, but they said it depends on the market situation nex year. They can’t guarantee it. it might be 1,000, 1,500, 2,000, or nothing. if nothing, price will be + 1,000.
Because it is special order, they needed to charge me 500 deposit that time to the factory to start assenble it, and I agreed to pay. it will be ready on mid Jan 09. Could I still have a space to nego on this at the time to finally get purchase? Or is it about fair quote?
We haven’t make any documents or sign at all but paid 500 by credit card.
Please advise me.

Answer: The deal itself is probably okay. It is hard to quibble over a $1000 on a $34,000 truck. I would be more concerned that this is your first vehicle and you are paying quite a bit. I don’t know your circumstances but can you afford the payments? A lot depends on what financing is being offered. Toyota has some good rates on some vehicles but not every model. If you can get your loan through your credit union, you may save money in the long run. You have to look at the total cost not just the vehicle price.

Electric cars widely available in Canada by 2012: automakers

Fully electric vehicles should be widely available to Canadian consumers within two years, with offerings in the pipeline from Nissan, Ford, Toyota, Mitsubishi and others, automakers say.

ClimateGate: the Fraud of “Global Warming” and “Climate Change” — by Marc Morano of Climate Depot

When it comes down to buying a car then you need to do something just to keep your options open. Let us look at it this way, if you are requiring a car loan then your credit history should be evaluated and at that point you will know how much you can take as a loan.

If your credit line was bad then you can’t get a large loan and this means that you have to choose between a smaller numbers of cars. However, if you took certain precautions towards your credit instantly then when you decide to buy a new car you will find yourself in a good position to get the car finance you want.

The first thing you need to do is to keep your credit balance in shape, you need to pay your dues in time, if you are late for paying this then it will be written in your report and this will affect your chances when you go for a loan.

If there is any dispute of any kind about your payment then you need to settle it down at least a month or two before you think of applying for a loan as this will reduce your chances majorly.

It is very useful if you went for a car loan approval just before you hit the show room as this will make you in a better position when you negotiate with your agent for many reasons; let me name some of them. The first reason you are showing commitment, this means that you are ready to buy and in the sales field this is called a pre – closed deal as the client is half – way already. All you have to do, as an agent, is to convince him with your merchandise.

The second reason is that you are showing that you have the ability to buy, and this is also a good incentive for the agent to give you the best price as he knows that you have the capabilities and the money to buy the car. Another reason is that you are putting yourself in the comfort zone, and you will save yourself hundreds of presentations that are away over your budget and let the agent concentrate on the cars within the budget only.

When you are buying a car, the credit history is your back bone. If it is good then you will be able to choose but if it is bad and contains lots and lots of reports then probably you will have to accept any car that you can afford and you can kiss your dream car good bye as you won’t be able to get it unless you work hard on your credit.

Final day to get that tax break for buying a new car

Final day to get that tax break for buying a new car

GloriousNationalParty(GNP)Briefing02/15/2009