User Tag List

Closed Thread
 
Thread Tools Rating: Thread Rating: 2 votes, 1.50 average. Display Modes
Old 01-23-2019, 02:38 PM #31
Dillusion Dillusion is offline
Senior Member
 
Join Date: Aug 2018
Location: Hawaii
Posts: 1,030
Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light
Dillusion Dillusion is offline
Senior Member
 
Join Date: Aug 2018
Location: Hawaii
Posts: 1,030
Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light Dillusion is a glorious beacon of light
Quote:
Originally Posted by 2016 4Runner SR5 View Post
Friend of mine is a car salesman. They make $ by offering you financing. If you pay cash, they will not negotiate as well with you since they're losing $ on the finance side. Finance it but be sure to get in writing that there is no penalty for paying it off early. Wait for the first statement to come through and pay it off in full. You will likely get a better deal that way and you will own your vehicle just the same.
Since this thread was brought back I don't believe this one bit. I'm not sure how they do business where you are at but

1. Don't get into any financing questions until after the amount is agreed upon. I sure as hell don't discuss how I'm going to pay until after I know how much I'm spending.

2. Do people actually finance through the dealer? Every single person I know does it through their preferred credit union.

3. Cash is king. Any dealer will gladly take your money immediately to guarantee a sale.
__________________
2018 TRD OFF ROAD
My Build
Dillusion is offline  
Old 01-23-2019, 02:49 PM #32
Bumbo's Avatar
Bumbo Bumbo is offline
Senior Member
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Bumbo Bumbo is offline
Senior Member
Bumbo's Avatar
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Quote:
Originally Posted by 2016 4Runner SR5 View Post
Friend of mine is a car salesman. They make $ by offering you financing. If you pay cash, they will not negotiate as well with you since they're losing $ on the finance side. Finance it but be sure to get in writing that there is no penalty for paying it off early. Wait for the first statement to come through and pay it off in full. You will likely get a better deal that way and you will own your vehicle just the same.
Not my story, but a family members…

He went in to buy a new Honda, looking a bit shabby and broke, spoke a lot about financing and “trying to get his payments down” . He basically he drove down the principal and the dealer tried to pull a shady but putting in a high interest rate on the contract. They were going to make some good money though financing. A few days after buying the car, he walked in the handed them a check. The dealer ship was pretty pissed, but there was no penalty for early payment. It is possible to work a dealer though the loan process.
Bumbo is offline  
Old 01-23-2019, 02:58 PM #33
Bumbo's Avatar
Bumbo Bumbo is offline
Senior Member
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Bumbo Bumbo is offline
Senior Member
Bumbo's Avatar
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Quote:
Originally Posted by Dillusion View Post
Since this thread was brought back I don't believe this one bit. I'm not sure how they do business where you are at but

1. Don't get into any financing questions until after the amount is agreed upon. I sure as hell don't discuss how I'm going to pay until after I know how much I'm spending.

2. Do people actually finance through the dealer? Every single person I know does it through their preferred credit union.

3. Cash is king. Any dealer will gladly take your money immediately to guarantee a sale.
I believe it, but maybe not in modern day sales… that story I told was 18 years old.

That said, I have not been successful at working a dealership like that. Nor do I buy cars often enough to get the chance to try. I’m sure they have learned things over the years as well.
Bumbo is offline  
Old 01-23-2019, 03:28 PM #34
thennen's Avatar
thennen thennen is offline
Senior Member
 
Join Date: Aug 2018
Location: Ohio
Posts: 1,596
thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold
thennen thennen is offline
Senior Member
thennen's Avatar
 
Join Date: Aug 2018
Location: Ohio
Posts: 1,596
thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold
Quote:
Originally Posted by Bumbo View Post
I believe it, but maybe not in modern day sales… that story I told was 18 years old.

That said, I have not been successful at working a dealership like that. Nor do I buy cars often enough to get the chance to try. I’m sure they have learned things over the years as well.
To update (I thought I had done so months ago - maybe I did elsewhere), I did end up buying a 2019 TRDOR, Nautical Blue, for $38.7k out the door. It ended up that I had two dealerships with the same truck (one had running boards, mine doesn't), and I was able to get them each to that same price over the phone. Went with the one closer to where I live.

Since I was looking to establish a relationship with the new dealership, I wasn't interested in pissing anyone off by playing money games. Maybe I could have saved a couple hundred bucks by doing so, but I didn't. Wrote a check instead.

A funny thing in all this - the very first time I ever drove one of these was when I bought this off the showroom floor and drove it into a thunderstorm. First vehicle I ever bought without a test drive. Really, the months of education I got here at T4R prior to purchase was invaluable, and even though I knew I wanted a 4R, the info I got here made me confident enough to buy without driving.
thennen is offline  
Old 01-23-2019, 03:36 PM #35
Bumbo's Avatar
Bumbo Bumbo is offline
Senior Member
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Bumbo Bumbo is offline
Senior Member
Bumbo's Avatar
 
Join Date: Aug 2016
Location: CA
Posts: 3,529
Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of Bumbo has much to be proud of
Quote:
Originally Posted by thennen View Post
T
Since I was looking to establish a relationship with the new dealership, I wasn't interested in pissing anyone off by playing money games. Maybe I could have saved a couple hundred bucks by doing so, but I didn't. Wrote a check instead.
I used to think this was important… but it doesn’t appear to matter at all.

Most dealership service department doesn’t give two hoots where you bought the truck. Service and Sales are often times very fragmented even in goals and attitude. Having friends who work at dealers confirm this.

That said, working often with the same service advisor and giving the same dealer business has shown some benefits over the years. But nothing significant enough in savings where I don’t take my truck to a private independent mechanic for most of my needs. I have an even better working relationship with a local person who services a lot of my cars assuming I am not doing the work myself.

Last edited by Bumbo; 01-23-2019 at 03:39 PM.
Bumbo is offline  
Old 01-23-2019, 04:43 PM #36
thennen's Avatar
thennen thennen is offline
Senior Member
 
Join Date: Aug 2018
Location: Ohio
Posts: 1,596
thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold
thennen thennen is offline
Senior Member
thennen's Avatar
 
Join Date: Aug 2018
Location: Ohio
Posts: 1,596
thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold thennen is a splendid one to behold
Quote:
Originally Posted by Bumbo View Post
I used to think this was important… but it doesn’t appear to matter at all.

Most dealership service department doesn’t give two hoots where you bought the truck. Service and Sales are often times very fragmented even in goals and attitude. Having friends who work at dealers confirm this.

That said, working often with the same service advisor and giving the same dealer business has shown some benefits over the years. But nothing significant enough in savings where I don’t take my truck to a private independent mechanic for most of my needs. I have an even better working relationship with a local person who services a lot of my cars assuming I am not doing the work myself.
For the past several decades I've done pretty much all my own service work. So what paid off for me over time wasn't labor costs, but parts costs. The parts guy routinely marked off 20-25%. On my 1988 4Runner, I even got two sets of tires, on wheels, already balanced, that had been removed from other new trucks to upgrade. Those sets cost me $175 each set, which was several hundred dollars in my pocket. So that's partly what I'm after. Plus, good relationships in general never hurt :-)
thennen is offline  
Old 01-25-2019, 01:42 PM #37
BrianSD_42's Avatar
BrianSD_42 BrianSD_42 is offline
Elite Member
 
Join Date: Jan 2011
Location: San Diego
Age: 41
Posts: 11,437
Real Name: Instagram: briansd_97r
BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice
BrianSD_42 BrianSD_42 is offline
Elite Member
BrianSD_42's Avatar
 
Join Date: Jan 2011
Location: San Diego
Age: 41
Posts: 11,437
Real Name: Instagram: briansd_97r
BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice BrianSD_42 is just really nice
Quote:
Originally Posted by 96RedRunner View Post
Curious what you thought of doing that. Investing the $25k in the last 10 yrs
he could have recouped interest on loan and gained a compounded profit.
To each his own of course.
@96RedRunner sorry for the late response. I thought it was a ridiculous idea. Some dealerships were offering 1% loans for new cars and yes for sure he could have done much better things with the money.
.
__________________
Those he commands move only in command, Nothing in love. Now does he feel his title, Hang loose about him, like a giant’s robe, Upon a dwarfish treasonous thief.
BrianSD_42 is offline  
Old 10-31-2020, 03:46 AM #38
JLTD JLTD is offline
Member
 
Join Date: Apr 2013
Location: South of Denver
Posts: 497
Real Name: Mike
JLTD has a spectacular aura about JLTD has a spectacular aura about JLTD has a spectacular aura about
JLTD JLTD is offline
Member
 
Join Date: Apr 2013
Location: South of Denver
Posts: 497
Real Name: Mike
JLTD has a spectacular aura about JLTD has a spectacular aura about JLTD has a spectacular aura about
Quote:
Originally Posted by 2016 4Runner SR5 View Post
Friend of mine is a car salesman. They make $ by offering you financing. If you pay cash, they will not negotiate as well with you since they're losing $ on the finance side. Finance it but be sure to get in writing that there is no penalty for paying it off early. Wait for the first statement to come through and pay it off in full. You will likely get a better deal that way and you will own your vehicle just the same.
Truth here.

I used to work with a guy that previously did auto financing. In addition to the above I recall that he also said that if you can make a couple percent more, then finance and invest the cash.
__________________
Between outfits.
JLTD is offline  
Old 06-23-2021, 12:13 PM #39
shoong's Avatar
shoong shoong is offline
Member
 
Join Date: May 2021
Location: Los Angeles, CA
Posts: 52
shoong is on a distinguished road
shoong shoong is offline
Member
shoong's Avatar
 
Join Date: May 2021
Location: Los Angeles, CA
Posts: 52
shoong is on a distinguished road
Quote:
Originally Posted by adelenew View Post
How can one make money online now?
you can still make money online. just depends on what your expectations are. can you still make $500 - $1000/mo? sure. is it easy? moderately. Can you make $100,000/mo online? sure. is it easy? no, but it's doable.
shoong is offline  
Old 06-26-2021, 04:09 PM #40
Carten's Avatar
Carten Carten is offline
Member
 
Join Date: Mar 2020
Location: USA
Posts: 46
Carten is on a distinguished road
Carten Carten is offline
Member
Carten's Avatar
 
Join Date: Mar 2020
Location: USA
Posts: 46
Carten is on a distinguished road
Quote:
Originally Posted by Dillusion View Post
Since this thread was brought back I don't believe this one bit. I'm not sure how they do business where you are at but

1. Don't get into any financing questions until after the amount is agreed upon. I sure as hell don't discuss how I'm going to pay until after I know how much I'm spending.

2. Do people actually finance through the dealer? Every single person I know does it through their preferred credit union.

3. Cash is king. Any dealer will gladly take your money immediately to guarantee a sale. But there are of course really dependable companies on the market.
3 golden rules!

Last edited by Carten; 07-01-2021 at 01:32 PM.
Carten is offline  
Old 07-19-2021, 02:05 PM #41
thelongestmile thelongestmile is offline
Junior Member
 
Join Date: Jul 2021
Location: Portland, Oregon
Posts: 15
thelongestmile is on a distinguished road
thelongestmile thelongestmile is offline
Junior Member
 
Join Date: Jul 2021
Location: Portland, Oregon
Posts: 15
thelongestmile is on a distinguished road
If you've got good enough credit to get a low rate (~2% or lower), there's nothing wrong with financing. The financing costs are negligible, and I'd rather have $40k+ cash on hand for other, higher-yield investments rather than tying it up in a depreciating asset.
thelongestmile is offline  
Old 07-22-2021, 12:51 AM #42
oliviamoon's Avatar
oliviamoon oliviamoon is offline
Junior Member
 
Join Date: Jul 2021
Location: USA
Posts: 3
oliviamoon is on a distinguished road
oliviamoon oliviamoon is offline
Junior Member
oliviamoon's Avatar
 
Join Date: Jul 2021
Location: USA
Posts: 3
oliviamoon is on a distinguished road
That's an interesting topic
oliviamoon is offline  
Old 07-22-2021, 01:18 AM #43
2021nightshade4x4 2021nightshade4x4 is offline
Senior Member
 
Join Date: Apr 2021
Posts: 1,283
2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice
2021nightshade4x4 2021nightshade4x4 is offline
Senior Member
 
Join Date: Apr 2021
Posts: 1,283
2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice 2021nightshade4x4 is just really nice
Quote:
Originally Posted by oliviamoon View Post
That's an interesting topic

Let’s bump this and see where it goes, post pandemic


Sent from my iPhone using Tapatalk
2021nightshade4x4 is offline  
Old 07-27-2021, 04:03 PM #44
Adesanja Adesanja is offline
Banned
 
Join Date: Feb 2020
Location: USA
Age: 34
Posts: 32
Adesanja is on a distinguished road
Adesanja Adesanja is offline
Banned
 
Join Date: Feb 2020
Location: USA
Age: 34
Posts: 32
Adesanja is on a distinguished road
Quote:
Originally Posted by shoong View Post
you can still make money online. just depends on what your expectations are. can you still make $500 - $1000/mo? sure. is it easy? moderately. Can you make $100,000/mo online? sure. is it easy? no, but it's doable. When you start a new online store I strongly recommend to build it on dependable things. That will save you tons of money.
Any ideas how to do that?

Last edited by Adesanja; 07-28-2021 at 02:24 AM.
Adesanja is offline  
Old 07-27-2021, 06:52 PM #45
shoong's Avatar
shoong shoong is offline
Member
 
Join Date: May 2021
Location: Los Angeles, CA
Posts: 52
shoong is on a distinguished road
shoong shoong is offline
Member
shoong's Avatar
 
Join Date: May 2021
Location: Los Angeles, CA
Posts: 52
shoong is on a distinguished road
Quote:
Originally Posted by Adesanja View Post
Any ideas how to do that?
sell something on amazon
go to estate sales and flip items online
coding
ui/ux work
notary

list goes on. what are your skills, what are your interest, what is your tolerance level on losing money, what is your tolerance if your business takes off? can you scale quick enough? etc etc. There isn't a blueprint for one person that says "go to do this and you'll be guaranteed this much money". everyone's lives are different, people are good at different thing, you just need to figure out what suits you and go do it.
shoong is offline  
Closed Thread

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
New, Not super cary savvy. Valve cover question. jonnychestnuts 3rd gen T4Rs 15 04-23-2015 08:02 PM
Too much money for an '84? 65patrol General Discussions 4 10-15-2014 08:17 AM
Are there any tech savvy or computer IT members? VoodooTitan Off Topic 15 07-13-2014 10:46 PM
Savvy me up on lift/tire options Bobcat Sig 5th gen T4Rs 14 09-06-2012 06:45 PM
If I only had the Money JAC Classifieds - buy & sell (no commercial ads please) 0 05-22-2010 04:13 PM

Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 11:22 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO (Pro) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
***This site is an unofficial Toyota site, and is not officially endorsed, supported, authorized by or affiliated with Toyota. All company, product, or service names references in this web site are used for identification purposes only and may be trademarks of their respective owners. The Toyota name, marks, designs and logos, as well as Toyota model names, are registered trademarks of Toyota Motor Corporation***Ad Management plugin by RedTyger
 
Copyright © 2020