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Originally Posted by Scott McD
Yeah i spoke to one particular car dealer who seemed to be desperate to show me the mega deals they had. When i questioned him on a few things it turned out he didn't actually have anything of interest and was just trying to use covid as an excuse to sell cars without actually having anything worthwhile on offer...
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we bought a car in May. the finance guy actually explained to us that the incentives are a bad deal because you end up with a higher interest rate (and spend more in the long run). we got cash back, which we added to the down-payment.
most dealers were doing 0% interest a few months ago. we got a rate of 2.5%. pretty cheap money.
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