What financing option did you choose?

Whis · 10-26-2015, 01:52 PM

Assuming you didn't lease or buy outright, what was your interest rate? Down payment? Number of months?

Obviously include your trim with options...

I can't believe there isn't a thread about this, maybe I missed it

Tr6 · 10-26-2015, 01:58 PM

You need the official invoice for it and none of us have it just yet. You'll get the answer to your question this or next week at the earliest. Invoice is sent to dealerships right before or during the vehicle shipment (sometimes AFTER the vehicle arrives). Also, the interest rates which has the biggest impact of the monthly payment is completely personal. The number of months will be the only "similar" number.

Whis · 10-26-2015, 02:17 PM

Quote:

Originally Posted by Tr6

You need the official invoice for it and none of us have it just yet. You'll get the answer to your question this or next week at the earliest. Invoice is sent to dealerships right before or during the vehicle shipment (sometimes AFTER the vehicle arrives). Also, the interest rates which has the biggest impact of the monthly payment is completely personal. The number of months will be the only "similar" number.

So no one has actually bought the car, just ordered then?

Also people can share interest rates if they want, not sure what you are implying by "personal"

Tr6 · 10-26-2015, 02:23 PM

Quote:

Originally Posted by Whis

So no one has actually bought the car, just ordered then?

Also people can share interest rates if they want, not sure what you are implying by "personal"

Correct, We all just "pre ordered" it without having the actual price. You can however estimate the price and make your own build via the link below.

http://www.camaro6.com/forums/showthread.php?t=420633

As for personal, sorry. I didn't mean as in "it's none of your business" lol. I meant as in "Mine will be 9%, Joe's will be 1%, Shelly's will be 4% etc". The fluctuation of it will be "per person aka personal".

Dreng · 10-26-2015, 02:59 PM

Well I am looking at about 15k down at 2% for 2ss with npp and white interior. With my negotiated rate will put me about 450 to 475 for 5 yeas.

Whis · 10-26-2015, 02:59 PM

Quote:

Originally Posted by Tr6

Correct, We all just "pre ordered" it without having the actual price. You can however estimate the price and make your own build via the link below.

http://www.camaro6.com/forums/showthread.php?t=420633

As for personal, sorry. I didn't mean as in "it's none of your business" lol. I meant as in "Mine will be 9%, Joe's will be 1%, Shelly's will be 4% etc". The fluctuation of it will be "per person aka personal".

Oh cool and thanks for the link!!

Tr6 · 10-26-2015, 03:19 PM

No problem, happy to help.

joemosfet · 10-26-2015, 03:57 PM

We can always estimate based on information known and a little bit of math.

I pretty much know what the dealer will have paid, and I know what I want to pay, so...

Not sure of interest rates but my credit is excellent, so I just used the values that the online estimator had. Hopefully its lower.

Whis · 10-26-2015, 07:46 PM

Thanks for all the useful info. That is a brutal monthly payment also! But worth it

Also my dealer told me I can contract as long as I have a VIN #? Is this real?

mattyb65 · 10-26-2015, 09:10 PM

Sweet spreadsheet. Is there somewhere where I can access that or is it just something you made?

Quote:

Originally Posted by joemosfet

We can always estimate based on information known and a little bit of math.

I pretty much know what the dealer will have paid, and I know what I want to pay, so...

Not sure of interest rates but my credit is excellent, so I just used the values that the online estimator had. Hopefully its lower.

Whis · 10-27-2015, 01:48 PM

Any answer for my VIN # Question? Can you really contract after it? If so, who here has done that?

joemosfet · 10-27-2015, 01:56 PM

Quote:

Originally Posted by mattyb65

Sweet spreadsheet. Is there somewhere where I can access that or is it just something you made?

Just something I made in google sheets based off information already known. It only has my options on there, so probably should make your own, though if you really want I can send you a link to it, and you can just plug things in. Send me a PM.

Quote:

Originally Posted by Whis

Any answer for my VIN # Question? Can you really contract after it? If so, who here has done that?

While technically possible, often the finance company will want to know factory invoice price vs financed amount in order to gauge risk, or require GAP coverage. Since the invoice isn't available and there are no similar vehicles that the dealer can use to compare dealer price on, the dealer is taking a bit of risk when agreeing to a price.

drivingagain · 10-27-2015, 02:34 PM

I am curious how you came up with employee pricing and dealer pricing. I have read many invoices and the cost is invoice minus hold back and it is usually a percentage. The invoices I used to read it had the hold back in the bottom left hand corner. I only worked for a chevrolet store for a few months (not my cup of tea) and learned employee pricing was usually $200 over invoice. This is why when people would walk in and ask for employee pricing or the employee's would ask they would give the same price. From what you are saying does not make sense. Now I worked for import car manufacturers for a lot longer and basing a lot of my knowledge on that as well.

Whis · 10-27-2015, 02:43 PM

Quote:

Originally Posted by joemosfet

Just something I made in google sheets based off information already known. It only has my options on there, so probably should make your own, though if you really want I can send you a link to it, and you can just plug things in. Send me a PM.

While technically possible, often the finance company will want to know factory invoice price vs financed amount in order to gauge risk, or require GAP coverage. Since the invoice isn't available and there are no similar vehicles that the dealer can use to compare dealer price on, the dealer is taking a bit of risk when agreeing to a price.

Thanks man! Hey, unrelated... I see you are in CO and have an order out. Are you garaging it or putting winter tires on? All seasons? If so, which?

10-26-2015, 01:52 PM	#1
Whis Drives: 2016 2SS Hyper Blue Join Date: Oct 2015 Location: Kansas, soon! Posts: 995	What financing option did you choose? Assuming you didn't lease or buy outright, what was your interest rate? Down payment? Number of months? Obviously include your trim with options... I can't believe there isn't a thread about this, maybe I missed it

10-26-2015, 01:58 PM	#2
Tr6 The Dogfather Drives: #1 off the line for a customer. '16 Join Date: Oct 2015 Location: Andover, KS Posts: 2,621	You need the official invoice for it and none of us have it just yet. You'll get the answer to your question this or next week at the earliest. Invoice is sent to dealerships right before or during the vehicle shipment (sometimes AFTER the vehicle arrives). Also, the interest rates which has the biggest impact of the monthly payment is completely personal. The number of months will be the only "similar" number. __________________ 2SS, Garnet Red with Adrenalin red, NPP, MRC M6 coupe #33 off the line #1 order for Customer. Build thread HERE! Story of my delivery HERE!

10-26-2015, 03:19 PM	#7
Tr6 The Dogfather Drives: #1 off the line for a customer. '16 Join Date: Oct 2015 Location: Andover, KS Posts: 2,621	No problem, happy to help. __________________ 2SS, Garnet Red with Adrenalin red, NPP, MRC M6 coupe #33 off the line #1 order for Customer. Build thread HERE! Story of my delivery HERE!

10-26-2015, 03:57 PM	#8
joemosfet Drives: 2014 Camaro SS Join Date: Mar 2014 Location: Colorado Posts: 1,006	We can always estimate based on information known and a little bit of math. I pretty much know what the dealer will have paid, and I know what I want to pay, so... Not sure of interest rates but my credit is excellent, so I just used the values that the online estimator had. Hopefully its lower. __________________ SOLD: 2014 Camaro Coupe 2SS/RS M6 Blue Ray Metallic, NPP, Nav 2014 Stingray Premiere Edition Coupe #142/500 Z51 3LT M7 Laguna Blue, Magride, NPP, Exposed Carbon Fiber Roof, Carbon Fiber Dash, Suede Wrapped Interior Canceled: 2016 Camaro Coupe 1AK37 2SS Coupe, G7E Garnet Red, BRJ Adrenaline Red Trim, F55 Magnetic Ride, NPP Exhaust, CF5 Sunroof, 56R Gray Split spoke w/ machined face, RN2 LPO Illuminated Bowtie, VYW Premium Floor Mats, W2D LPO Cargo Net

10-26-2015, 02:59 PM	#5
Dreng Drives: 13 Camaro Join Date: Aug 2015 Location: Dallas Posts: 563	Well I am looking at about 15k down at 2% for 2ss with npp and white interior. With my negotiated rate will put me about 450 to 475 for 5 yeas.

10-26-2015, 07:46 PM	#9
Whis Drives: 2016 2SS Hyper Blue Join Date: Oct 2015 Location: Kansas, soon! Posts: 995	Thanks for all the useful info. That is a brutal monthly payment also! But worth it Also my dealer told me I can contract as long as I have a VIN #? Is this real?

10-27-2015, 01:48 PM	#11
Whis Drives: 2016 2SS Hyper Blue Join Date: Oct 2015 Location: Kansas, soon! Posts: 995	Any answer for my VIN # Question? Can you really contract after it? If so, who here has done that?

10-27-2015, 02:34 PM	#13
drivingagain Drives: 2015 Tiger XCX,2016 Camaro 1SS,LBZ! Join Date: Sep 2015 Location: Palm Coast, FL Posts: 1,311	I am curious how you came up with employee pricing and dealer pricing. I have read many invoices and the cost is invoice minus hold back and it is usually a percentage. The invoices I used to read it had the hold back in the bottom left hand corner. I only worked for a chevrolet store for a few months (not my cup of tea) and learned employee pricing was usually $200 over invoice. This is why when people would walk in and ask for employee pricing or the employee's would ask they would give the same price. From what you are saying does not make sense. Now I worked for import car manufacturers for a lot longer and basing a lot of my knowledge on that as well.

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