Posted by gun guru on December 22, 2010 at 17:13:24 from (24.180.85.120):
In Reply to: Dealer invoice question posted by bobnikcorson on December 22, 2010 at 16:44:53:
The wife and I just bought a new Ford Escape 3 weeks ago. It was $23,300 out the door. We financed $17k for 3 years at 0 % interest. I like riding on Ford's money cause they have billions more then I ever will. We traded in the old car to the Ford dealer.
I was told that the dealer invoice is (the price you see on the paperwork from the manf.) is about 5-10 % more then what the dealer paid for the car/truck. The banks are in bad shape cause of the housing mess, but they cant give out car loans cause I can get the money for 0 interest and the banks lose out.
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