Yea, I am gunna spend 3 figures, to save 4 figures, on a 5 figure Jeep, is how I figure it.
Yes, sorry about that. Updated.
Petersen’s financing is at 5-6% and you must finance the entire purchase. That’s going to eat into your savings pretty quickly.
The difference between $45k financed at 3% and 6% is about $60 a month. 6 months of that is $360, or about .8% of the total purchase. So, knock about a percent off of the "below invoice" savings. Only $240 at 5%, so about half a percent. Just make sure to refi asap.
Exactly this. Use a calculator. There is also nothing that says you have to make minimum payments either. You can make as large of payments as you like and chop that interest down. Still the best deal in the country.
The Florida dealers are notoriously bad, price-wise, and especially fee-wise. Craig will be worth the drive. Even though his dealer fee is $700, there will be no games.
I just picked up my 19 Wrangler Rubi up from Mike Knight at Suresky in Goshen. He was so easy to work with and gave me a great deal right up front. Kept in contact with me throughout the entire process. I know he sells a lot of us on here. He told me he has done right around 20 factory orders for many of us. All at 5% regardless of trim or options. I like the fact that not only was he very transparent, the rest of the staff was a pleasure to deal with as well. Suresky was a bout a 2 hour drive for me but it was worth it. It beat shopping around for months and trying to squeeze any extra dollar I could just to honestly save pennies in Jersey.
