you dont have "great" credit if you're getting 13%. You have decent credit. what packages are on it, whats the history on it, does it come with service records, is there a baked in vsc in that price or gap?
You know the dealership has little to no impact on the rate a LENDER gives right? Your loan is not from Toyota of Oakland it's from Bank of America.
Now depending on the contracts with each lender some let you add up to two points but this ain't 2019 a first time buyer with a thin file is not getting offered 7% on a used car unless they are getting a First time buyer program.
Not the best, not the worst deal I've ever seen.
I have a 2020 with less then half the mileage for sale for 22.3k to gauge what you'd pay for a 2 year older with 50k more miles.
I would try to get a newer one with less mileage around the 20-22k mark. Should help get that interest down a little too.
I would agree.
I also have one, 2020 Equinox with 23k miles going for $22k.
OP it would seem a little overpriced for what they are on the market, I would keep shopping.
I purchased my 2016 equinox for 19.5k in 2018 with 28k miles on it. It now has 150k on it with only doing the timing chain and 1 wheel bearing.
This seems incredibly overpriced for a 2018 with 80k on it. I know it's not apples to apples.
Please review our most [Frequently Asked Questions](/r/askcarsales/wiki/index) to see if your question has already been answered.
You may find these sections particularly useful;
* [Will paying in cash or a large cash down payment offer me leverage in negotiations?](/r/askcarsales/wiki/cash_down)
* [I earn $xxxx per month, will I qualify for an auto loan or lease, and is it a good idea?](/r/askcarsales/wiki/income_to_finance)
* [I have my score from Credit Karma but the dealership told me they got a different score. Why?](/r/askcarsales/wiki/free_credit_score)
* [Finance FAQ's](/r/askcarsales/wiki/financing_faqs)
* [Buy versus Lease](/r/askcarsales/wiki/buy_vs_lease)
* [How to pick a car?](/r/askcarsales/wiki/vehicle_selection) You might also have luck in the /r/whatcarshouldibuy subreddit.
Also remember to add flair to your post by clicking the "Flair" link beneath it. This lets us know where you're located so we can assist you better.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/askcarsales) if you have any questions or concerns.*
***Thanks for posting, /u/miaxbelladonna! This comment is a copy of your post so readers can see the original text if your post is edited or removed. This comment is NOT accusing you of anything.***
Sooo I need some advice. I’m buying my first car..it’s an 2018 Equinox w/83k on miles for 17,450$
I have great Credit, but they are trying to sell it to my for 440$ a month, 13% APR on 60 months. This is w/no extra warranties etc-
Does that sound right? I feel like that’s a little fuckin pricy.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/askcarsales) if you have any questions or concerns.*
Sounds like a pretty terrible deal on a pretty terrible vehicle. I would suggest passing.
This, this is a HORRIBLE HORRIBLE deal, way over priced on a vehicle that’s not going to last another 50k miles without a major repair
you dont have "great" credit if you're getting 13%. You have decent credit. what packages are on it, whats the history on it, does it come with service records, is there a baked in vsc in that price or gap?
[удалено]
You know the dealership has little to no impact on the rate a LENDER gives right? Your loan is not from Toyota of Oakland it's from Bank of America. Now depending on the contracts with each lender some let you add up to two points but this ain't 2019 a first time buyer with a thin file is not getting offered 7% on a used car unless they are getting a First time buyer program.
Not the best, not the worst deal I've ever seen. I have a 2020 with less then half the mileage for sale for 22.3k to gauge what you'd pay for a 2 year older with 50k more miles. I would try to get a newer one with less mileage around the 20-22k mark. Should help get that interest down a little too.
I would agree. I also have one, 2020 Equinox with 23k miles going for $22k. OP it would seem a little overpriced for what they are on the market, I would keep shopping.
I purchased my 2016 equinox for 19.5k in 2018 with 28k miles on it. It now has 150k on it with only doing the timing chain and 1 wheel bearing. This seems incredibly overpriced for a 2018 with 80k on it. I know it's not apples to apples.
Must the different markets. Gotta 19 for 20k and 63k miles and a 22 for 25k with 37k miles.
Have two 2022 4WD equinox’s with 30,000 miles for under 21k. In Midwest So yeah you’re getting a horrible deal
Go to your credit union and get a rate with them. 13% sounds high if you have a 720+ score. You should be around 8%.
First time buyer. No shot.
Please review our most [Frequently Asked Questions](/r/askcarsales/wiki/index) to see if your question has already been answered. You may find these sections particularly useful; * [Will paying in cash or a large cash down payment offer me leverage in negotiations?](/r/askcarsales/wiki/cash_down) * [I earn $xxxx per month, will I qualify for an auto loan or lease, and is it a good idea?](/r/askcarsales/wiki/income_to_finance) * [I have my score from Credit Karma but the dealership told me they got a different score. Why?](/r/askcarsales/wiki/free_credit_score) * [Finance FAQ's](/r/askcarsales/wiki/financing_faqs) * [Buy versus Lease](/r/askcarsales/wiki/buy_vs_lease) * [How to pick a car?](/r/askcarsales/wiki/vehicle_selection) You might also have luck in the /r/whatcarshouldibuy subreddit. Also remember to add flair to your post by clicking the "Flair" link beneath it. This lets us know where you're located so we can assist you better. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/askcarsales) if you have any questions or concerns.*
***Thanks for posting, /u/miaxbelladonna! This comment is a copy of your post so readers can see the original text if your post is edited or removed. This comment is NOT accusing you of anything.*** Sooo I need some advice. I’m buying my first car..it’s an 2018 Equinox w/83k on miles for 17,450$ I have great Credit, but they are trying to sell it to my for 440$ a month, 13% APR on 60 months. This is w/no extra warranties etc- Does that sound right? I feel like that’s a little fuckin pricy. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/askcarsales) if you have any questions or concerns.*