Big Mike said:
My problem is living in Hillary's state my sales tax is 8%..So when we add tax, reg, and freight we are looking at MSRP or slightly more.....I'm thinking of going in there Monday morning and saying under 7k out the door..At least that way I'm legal with tax and reg.......Or I could just go to PA and save tax and reg, but the quad won't be legal here in NY....At 41 next week I'm to old to be running from the law !!!
One thing I did learn from this is DO NOT finance thru the dealer..To make a long story short over Memorial day weekend I was approved thru the dealer for a 700 w/no money down..Interest rate was like 14%.....Now my credit ain't great, but its not that bad !!! Needless to say I backed out of that deal...My credit union on Friday pre-approved me at 5.25% interest....How much kick back are the dealers getting from the banks ?? Something to think about also when they cry poverty... :lol:
Financing through the dealer isn't always the wrong thing to do. Often it's the best leverage you have in reducing the total price because Raptors sell well.
The dealer I purchased mine from explained that it gets smiled upon from on high each time it sells factory financing - but he'd compensate me for it. So I financed through Yamaha and transferred the loan before having to make my first payment (which wasn't for six months). In exchange he knocked off $500 from the purchase price and did away with the factory set up charge (a couple hundred) since I took a floor model that day. The one I picked had tiny scratches on the plastic heel guards and a rub on a fender from people climbing on and off it. "You'll get those anyway," he said. To which I replied "True. But they shouldn't already be on a quad I'm considering spending thousands on to purchase new."
The bank I transferred the loan to, like most banks, offered a zero percent interest on account transfers (for the first six months) AND I wouldn't have to make my first payment for six months. I dropped a bunch of cash into the account and paid it waaay down to save on interest.
... don't let dealers try to "compensate" you with a service manual that you can download off the Internet. Instead have him/her assign a price to the manual and subtract it from the total - unless you need some riding gear; the price of the manual can be applied to that too.