HELP! GT2 DEAL

[jeaminkim20]

ok final numbers.

GT2 AWD CERAMIC SEILVER with red int


MSRP: 54,500
SELL PRICE: $51,072.33
SALES TAX: $4,532.67 (NY)
FEE: $495
3k down payment
REBATE: $4750( not taxable and comes off at end)
3.9% at 66 months = $816.44 for 66 months.

This is extremely confusing. Does this make sense. When I do the calculation, i come up to $760. sales manager said it was like $5,500 in interest at 3.9 apr which i think is wrong.



Other option is
MSRP: 54,500
SELL PRICE: $51,072.33
SALES TAX: $4,532.67
FEE: $495
3k down payment

REBATE: $2000( not taxable and comes off at end)

0% at 66 months = $778.03



Of course the 0% is better but can you guys confirm if $816.44 is right for the first deal?

And overall, is this a good deal?

 

[jasonvt]

https://www.calculator.net/loan-calculator.html

You can put your exact numbers in to check the rate. Yes, the interest will be over 5500. You’re paying 2750 less for the car with 3.9 but save 5500 in interest so the 0% deal is better


Sent from my iPhone using Tapatalk

 

[spider55]

0% APR is the best way to go but 816.44 a month is crap, if they can't do better then that go somewhere else. I know you want the car, do what a guy here in Arizona did go to another state an buy. I'm telling you, you can get a better deal out there.

 

[robz32]

That is a crappy deal. Have you tried other dealers?