Hi Everyone, I'm a new poster here...
My husband and I put a deposit on a 2011 Dodge Ram R/T at an Ontario dealership today. It's an amazing truck but I'm having some heart palpitations over the price and financing. The truck is for my husband and it's his "dream" truck... so obviously he's quite happy with the price!!
Through my work we are getting "preferred" pricing but I'm not sure if it's actually a good deal or not. I'd love some feedback from experienced Dodge buyers if possible. Here are the vehicle details:
-2011 Dodge Ram RT, black
- Tinted windows
- Fiberglass tonneau cover
- KNN air filter system
-Flowmaster exhaust upgrade
- Leather seats and dashboard
- Full media control system and NAV
The total price including 13% tax (grrr) and freight is: ~$38,000. Thoughts??
Also, I was really shocked at the financing... Dodge is offering 5.99% on a term up to 8 years. I find this absurd when other new vehicles have "special" financing anywhere from 0.99% to 3%. I know my bank couldn't get anywhere near 6% (usually banks are 7-10%) but it eats me alive knowing that we could save $100's of dollars/month financing if we purchased another vehicle at 1-2% financing (but of course, my husband ONLY wants the RT... don't blame him really, we looked at a few others and they just weren't the same
The sales person said he couldn't budge on the financing rate because it was set by head office. I pushed it a bit but nothing. Has anyone ever got a reduction on "standard" financing? The sales person did mention new incentives come out every month, so it's possible the financing could be lower as of July 1st if we waited.... but we risk losing the vehicle and there aren't very many available. My husband doesn't want to wait, I would though. Any "insider" insight on if the interest rates will change???
Sorry for the long post, but I would appreciate any feedback!