Bought a 01' cobra......Sweet - Page 2

1BAD89 · 07-16-2002, 09:28 PM

Quote:

They tried to stick me with $735.00 per month. I negotiated it down to $500.00 per month.

I don't get it..... on 5 year note compared to a 3 year note? If they were both 5 year notes, that would be a difference of $14,100. They just add another year or what?

Mercury · 07-17-2002, 02:15 AM

Hey Dark 5.0...What was the intrest rate??

Dark_5.0 · 07-17-2002, 07:44 AM

I got a 6.9% interest rate.

It has 3.27 gears.

I analyzed there deal and iliminated the.

-If I die its paid for option.
-Free oit changes
-Protection for if its totaled and I owe more than what I get they pay off the remainder.
-etc....

And I beat them way down on the price of the Cobra, and magicaly the payment went from 735 to 500 after 4 hours of negotiating. What I got is called a stripped deal, that is where all you are paying for is the car and not all the BS services that they get payed to sell you. I ended up having to put 1500 down with my truck I traded in to get them to take the deal.

1bad89- Both the 735 and the 500 are based on a 5 year deal.

The best part is my insurance only went up 10 bucks.

Later,

SilverGT02 · 07-17-2002, 08:22 AM

You think your 01 is fast, I was talking to a guy at a meet last week that just traded his 01 in for an 03...says there is no comparison...Start saving those pennies

Anyway you look at it, thats a sweet car....good luck with it

How many miles did it have and what did it run you?

SilverGT02 · 07-17-2002, 08:24 AM

7000 miles..just read it...sorry

Dark_5.0 · 07-17-2002, 09:54 AM

Quote:

Originally posted by SilverGT02
You think your 01 is fast, I was talking to a guy at a meet last week that just traded his 01 in for an 03...says there is no comparison...Start saving those pennies

Anyway you look at it, thats a sweet car....good luck with it

How many miles did it have and what did it run you?

Yes, I do think it fast......And yes the 03's are faster. There is always something faster. All I wanted was a sports car for a weekend cruiser and I would have spent 10,000 dollars more for a 03'...

Here in a few monthe my 88GT will smoke the 03's.

Coupe Devil · 07-17-2002, 10:11 AM

I dotn like you anymore, im jealous.I want one....

Brad

07-17-2002, 11:10 AM

Sounds like they were really trying to sock it to ya. I never buy anything but the vehicle.

SilverGT02 · 07-17-2002, 12:13 PM

Dark 5.0,

I hope you didnt take offense to my post. I didnt mean to dog your car in any way..just pumping up what a good job Ford is doing by making improvements...

Dark_5.0 · 07-17-2002, 12:38 PM

I know

........

The Deuce · 07-17-2002, 12:53 PM

Dude, nice car. What did they end up telling you the purchase price of the car was? I ran the numbers and sounds nice and expensive. I would have just walked out when they offered the $735 a month for 5 years. Lets just say you could have gotten an '03 if the interest rate was true.

Let me know, I'm always suspicious of dealers and their lies.

Dark_5.0 · 07-17-2002, 01:49 PM

The 03' Cobra's are selling for $39,500.00 here in Odessa. Thats 13,000 more than what I paid.

The Deuce · 07-17-2002, 02:13 PM

I was hoping you would say that. At 6.9%, the $235 a month difference ($735-500) works out to be almost $12,000. Sounds like you ended up actually getting 6.9% in the end, what were they telling you were the numbers to get to that original payment?

Doug McGinn · 07-17-2002, 02:20 PM

Their sellin them for 39,500?
Im looking at my window sticker right now and MSRP is 34,750
and that includes the 1000 dollar gas guzzler tax.
Of course its a coupe also not a convertible.

The Deuce · 07-17-2002, 04:09 PM

Doug,
Some places charge 5k as either a "Market Adjustment" or just to help make up the SVT franchise fee, becuase they don't sell that many and the margin is small. At least those are the excuses they give.

Doug McGinn · 07-17-2002, 04:44 PM

well then i would say its worth your time to hop a plane and fly somewhere else to purchase the car and then drive it home.
Hell even get a trailor and drive both ways you would be money ahead.

silver_pilate · 07-17-2002, 06:44 PM

Sweet purchase, man.

So...when you gonna cruise up here and let me drive it?

A buddy of mine had an order for a '03 Cobra but backed out of the deal when the dealership got it. He had connections at the dealership and got it locked into the MSRP from Ford without any further dealer mark-up. He said the monthly payments kinda scared him away after he seriously thought about it. I can understand as he has a wife and kids. But, MAN!! I wish he would have got it because he would have let me drive the thing!

--nathan

Dark_5.0 · 07-18-2002, 07:30 AM

Quote:

Originally posted by silver_pilate
Sweet purchase, man.

So...when you gonna cruise up here and let me drive it?

A buddy of mine had an order for a '03 Cobra but backed out of the deal when the dealership got it. He had connections at the dealership and got it locked into the MSRP from Ford without any further dealer mark-up. He said the monthly payments kinda scared him away after he seriously thought about it. I can understand as he has a wife and kids. But, MAN!! I wish he would have got it because he would have let me drive the thing!

--nathan

If you are ever down this way let me know and we will go LS1 hunting, They are in season right now

Later,

silver_pilate · 07-18-2002, 10:42 AM

Cool deal....

Next semester I may be going down to Odessa for some research. I'll look you up if I do.

--nathan

07-17-2002, 02:15 AM	#22
Mercury The Redneck James Bond Join Date: Sep 2000 Location: Fayetteville NC Posts: 1,707	Hey Dark 5.0...What was the intrest rate?? __________________ 64 1/2 "D" code Red Mustang Coupe. Red Baron, 2000 Perf Red Mustang GT. 5spd. Stage 2 CNC heads with Large Valves, Comp Cams (270-274 dur .550 lift), Forged Crank, DRP pistons, Manly H-beams, Pro M 87 mm Mass Air, 24lb Inj, 75mm TB, Plenum Spacer ,Long Tube Headers, Homemade H-pipe, 2 chamber Flows, 4:10's, Steeda Tri-Ax, LKW 70/30's, Eibach Drag Springs, Steeda SubFrames, Battle Boxes, Rear Girdle, Adj uppers, Alunimum Drshft, Southside Lift Bars. Project Cars, 64 1/2 6cyl coupe, 1930 Model A Nostalgia Rod.

07-17-2002, 07:44 AM	#23
Dark_5.0 Registered Member Join Date: Apr 2001 Location: Staging lane Posts: 4,337	I got a 6.9% interest rate. It has 3.27 gears. I analyzed there deal and iliminated the. -If I die its paid for option. -Free oit changes -Protection for if its totaled and I owe more than what I get they pay off the remainder. -etc.... And I beat them way down on the price of the Cobra, and magicaly the payment went from 735 to 500 after 4 hours of negotiating. What I got is called a stripped deal, that is where all you are paying for is the car and not all the BS services that they get payed to sell you. I ended up having to put 1500 down with my truck I traded in to get them to take the deal. 1bad89- Both the 735 and the 500 are based on a 5 year deal. The best part is my insurance only went up 10 bucks. Later, __________________ 92' LX-Big brakes, Lots and lots of suspension, GT40X heads, Ported cobra intake, stock cam, Vortech SC trim. 00' Lightning-Stock 88'CRX-13 second ego killer Last edited by Dark_5.0; 07-17-2002 at 07:51 AM..

07-17-2002, 08:22 AM	#24
SilverGT02 Registered Member Join Date: Jun 2002 Location: Long Island NY Posts: 85	You think your 01 is fast, I was talking to a guy at a meet last week that just traded his 01 in for an 03...says there is no comparison...Start saving those pennies Anyway you look at it, thats a sweet car....good luck with it How many miles did it have and what did it run you? __________________ 2002 GT Convertible Premium pkge, MACH 1000 system Remote Starter, Billet interior dress up kit

07-17-2002, 08:24 AM	#25
SilverGT02 Registered Member Join Date: Jun 2002 Location: Long Island NY Posts: 85	7000 miles..just read it...sorry __________________ 2002 GT Convertible Premium pkge, MACH 1000 system Remote Starter, Billet interior dress up kit

07-17-2002, 10:11 AM	#27
Coupe Devil Moderator Join Date: Mar 2001 Location: Myrtle Beach SC Posts: 1,643	I dotn like you anymore, im jealous.I want one.... Brad __________________ 1990 GT, 347, TFS TW Heads, TFS Cam, TFS Track heat, Twin turbos, FMIC, T5. Built Ford Tough Moderator

07-17-2002, 11:10 AM	#28
rbatson Guest Posts: n/a	Sounds like they were really trying to sock it to ya. I never buy anything but the vehicle.

07-17-2002, 12:13 PM	#29
SilverGT02 Registered Member Join Date: Jun 2002 Location: Long Island NY Posts: 85	Dark 5.0, I hope you didnt take offense to my post. I didnt mean to dog your car in any way..just pumping up what a good job Ford is doing by making improvements... __________________ 2002 GT Convertible Premium pkge, MACH 1000 system Remote Starter, Billet interior dress up kit

07-17-2002, 12:38 PM	#30
Dark_5.0 Registered Member Join Date: Apr 2001 Location: Staging lane Posts: 4,337	I know ........ __________________ 92' LX-Big brakes, Lots and lots of suspension, GT40X heads, Ported cobra intake, stock cam, Vortech SC trim. 00' Lightning-Stock 88'CRX-13 second ego killer

07-17-2002, 12:53 PM	#31
The Deuce Registered Member Join Date: Apr 2002 Location: Atlanta, GA Posts: 2,325	Dude, nice car. What did they end up telling you the purchase price of the car was? I ran the numbers and sounds nice and expensive. I would have just walked out when they offered the $735 a month for 5 years. Lets just say you could have gotten an '03 if the interest rate was true. Let me know, I'm always suspicious of dealers and their lies. __________________ 1997 Mustang GT "The Freak" - 13.80 @ 101.70, 2.07 60' 1995 Honda VFR750 - not much @ really fast (actual data pending.) 1964.5 Mustang 289 Rice Haters Club Member #13

07-17-2002, 01:49 PM	#32
Dark_5.0 Registered Member Join Date: Apr 2001 Location: Staging lane Posts: 4,337	The 03' Cobra's are selling for $39,500.00 here in Odessa. Thats 13,000 more than what I paid. __________________ 92' LX-Big brakes, Lots and lots of suspension, GT40X heads, Ported cobra intake, stock cam, Vortech SC trim. 00' Lightning-Stock 88'CRX-13 second ego killer

07-17-2002, 02:13 PM	#33
The Deuce Registered Member Join Date: Apr 2002 Location: Atlanta, GA Posts: 2,325	I was hoping you would say that. At 6.9%, the $235 a month difference ($735-500) works out to be almost $12,000. Sounds like you ended up actually getting 6.9% in the end, what were they telling you were the numbers to get to that original payment? __________________ 1997 Mustang GT "The Freak" - 13.80 @ 101.70, 2.07 60' 1995 Honda VFR750 - not much @ really fast (actual data pending.) 1964.5 Mustang 289 Rice Haters Club Member #13

07-17-2002, 02:20 PM	#34
Doug McGinn Registered Member Join Date: May 2002 Location: Nebraska Posts: 63	Their sellin them for 39,500? Im looking at my window sticker right now and MSRP is 34,750 and that includes the 1000 dollar gas guzzler tax. Of course its a coupe also not a convertible.

07-17-2002, 04:09 PM	#35
The Deuce Registered Member Join Date: Apr 2002 Location: Atlanta, GA Posts: 2,325	Doug, Some places charge 5k as either a "Market Adjustment" or just to help make up the SVT franchise fee, becuase they don't sell that many and the margin is small. At least those are the excuses they give. __________________ 1997 Mustang GT "The Freak" - 13.80 @ 101.70, 2.07 60' 1995 Honda VFR750 - not much @ really fast (actual data pending.) 1964.5 Mustang 289 Rice Haters Club Member #13

07-17-2002, 04:44 PM	#36
Doug McGinn Registered Member Join Date: May 2002 Location: Nebraska Posts: 63	well then i would say its worth your time to hop a plane and fly somewhere else to purchase the car and then drive it home. Hell even get a trailor and drive both ways you would be money ahead.

07-17-2002, 06:44 PM	#37
silver_pilate DURKA DURKA!! Join Date: Sep 1997 Location: Lubbock, TX...(TX panhandle) Posts: 1,418	Sweet purchase, man. So...when you gonna cruise up here and let me drive it? A buddy of mine had an order for a '03 Cobra but backed out of the deal when the dealership got it. He had connections at the dealership and got it locked into the MSRP from Ford without any further dealer mark-up. He said the monthly payments kinda scared him away after he seriously thought about it. I can understand as he has a wife and kids. But, MAN!! I wish he would have got it because he would have let me drive the thing! --nathan __________________ '91 GT, Coast 347, 9.5:1 compression, full intake, Wolverine 1087 cam, exhaust, Keith Craft ported Windsor Jr. Irons (235 cfm intake, 195 cfm exhaust), AOD, PI 3500 converter, Lentech valve body, 3.73's (4.10's in the works), and Yokohama ES100's out back. Daily Car: '04 Infiniti G35 Sedan 6MT

07-18-2002, 10:42 AM	#39
silver_pilate DURKA DURKA!! Join Date: Sep 1997 Location: Lubbock, TX...(TX panhandle) Posts: 1,418	Cool deal.... Next semester I may be going down to Odessa for some research. I'll look you up if I do. --nathan __________________ '91 GT, Coast 347, 9.5:1 compression, full intake, Wolverine 1087 cam, exhaust, Keith Craft ported Windsor Jr. Irons (235 cfm intake, 195 cfm exhaust), AOD, PI 3500 converter, Lentech valve body, 3.73's (4.10's in the works), and Yokohama ES100's out back. Daily Car: '04 Infiniti G35 Sedan 6MT

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