Wow I found 7 - 12 RX8's!
07-15-2003, 11:02 AM
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Wow I found 7 - 12 RX8's!
I e-mailed a local dealership and got this reply:
WE HAVE ABOUT 7 TO 12 RX8 COMING IN ABOUT 1 1/2 TO 2 WEEKS (sooooo that's how long it will take I guess).
WE HAVE ABOUT 7 TO 12 RX8 COMING IN ABOUT 1 1/2 TO 2 WEEKS (sooooo that's how long it will take I guess).
07-15-2003, 11:20 AM
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Sweet, I just talked to this dealer, they seem to KNOW something!
Said he could get me like 7.5% lease rate, probably buy out my current car. They are motivated to sell, sell sell!
Said he could get me like 7.5% lease rate, probably buy out my current car. They are motivated to sell, sell sell!
07-15-2003, 03:26 PM
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What an Ottawa dealer that actually knows something,OK Wing, spill the beans!!!:p Who are they?
At 7.5%, it's not bad much better then the ludicrous 9.1% posted on Mazda's site. I'm still considering financing on my line of credit (prime +1).
At 7.5%, it's not bad much better then the ludicrous 9.1% posted on Mazda's site. I'm still considering financing on my line of credit (prime +1).
07-15-2003, 03:30 PM
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I sent you a PM mac. And Royal bank actually has 7.05% for buy-back on 48 months with a residual of $15K. VERY low residual, but I guess you only do the buyback if you want to buy.
The dealer said they can do that as well.
The dealer said they can do that as well.
07-15-2003, 04:28 PM
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Check your PM!
The Royal Buy back is intriguing, I've asked my accountant to look into it to see if it is considered a lease or financing if the company buys it. I might get an even lower rate (my great credit rating must be worth something
The low residual might could play into my favour (ie the company leases the car, but I buy it out at the end of term). This works great with a real lease but since this is really financing with a balloon payment it may not work for me.
The Royal Buy back is intriguing, I've asked my accountant to look into it to see if it is considered a lease or financing if the company buys it. I might get an even lower rate (my great credit rating must be worth something
The low residual might could play into my favour (ie the company leases the car, but I buy it out at the end of term). This works great with a real lease but since this is really financing with a balloon payment it may not work for me.
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