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trying to buy a new car |
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i blogged about a car last year (ME WANT) and since then, the year has been decent, despite my going through several bad beats involving not so small sums of money, etc (stolen wallet on the way to the bank = -2k, ftp account hacked = -3k, strippers = -1k, passing out in the middle of the shadiest city in the southern US = -250 cash + unauthorized charges on my cards, and more that i can't fully recount).
i haven't really touched online poker yet, but live really took off this past month and i've managed to luckbox my way back into 2/5 from an 8 buy-in shot at 1/2, and the good run continued. i've set aside a major portion of that 2/5 bankroll to pay for 50% down on the car, but i'd be forced to move down to like 1/2 for a while if i wanted to maintain a solid br for my stakes.
it was a tough choice because while staying at 2/5 is definitely hugely profitable, i had no easy means of getting around from point A to point B atm + i didn't want to catch the bus every other day for 2 hrs of commute time. i also didn't want to continue relying on hospitality of my friends in New Orleans, where i stayed for basically free during my repetitive trips.
i plan to pay for the rest of the car with 0% interest over 36 months cuz i have sick good credit after blowing through my ridiculously awesome scholarship and most of my poker profits by paying off my credit card. i hope to pay it all back asap because i don't know what's going to happen pokerwise in the future and i'd hate to rely on my parents to rescue me if something did actually happen.
i settled on this one trim:
2.0T Premium 6-speed Manual Transmission, $25,125 MSRP
i'm still negotiating for a good price at the ONLY Hyundai dealership in town, but it's a fun process, even though some absolutely despise haggling. before i went to the dealership i looked up the MSRP, the invoice price (dealer's cost + rebates for dealers + other kickbacks and bonuses), and the Edmunds.com True Market Value. the salesman, after giving me this weird, tugging power handshake that he was obviously trained to do, actually came up with a bullshit price offer that was almost 8% OVER MSRP, stating that the genesis coupe is actually a very popular item right now, and the market demand is reflected in the price. it was an interesting point, but sort of moot when i have a friend who passes by that dealership every morning and night for work, only to see that silver design sitting on the grass for about a month now. all the other designs were sold and gone but that silver one stayed throughout. i gave him a sort of ballsy counteroffer at the researched invoice price of $23.5k. there is at least a 2% holdback (3% for American cars) on that amount, which is paid to the dealer when the car is sold, so i knew that the dealer can still profit if selling at the invoice price.
at this point, the salesman said there was no way he could sell it to me at invoice price and profit, so i explained to him that the car has been sitting at the dealership for some time now and that there was ABSOLUTELY no way he'd profit by letting the car sit there, whereas he could still profit if he sold it to me at the price i offered, telling him, "you know, i'm by no means interested in the price you offer, but i am extremely interested in the car itself, so i could get rid of it for you asap if you'd sell it to me." the guy replied by saying, "well, this is the only hyundai dealer in town and it's the best price we can offer." so i told him, "i'm already aware of that, sir, but i already looked up most of the dealerships in this state and several in Houston and Mississippi, and i'm pretty damn willing to make the 4 hour trip to Houston this weekend if the deal didn't work out, and it looks like it won't. good day"
as i was getting up to leave, he stood up and said that he needed to check with the manager before i left. he came back with a "final" offer that immediately slashed the initial price by almost two grand within ten minutes of negotiations (rofl). he also brought back some laughably bullshit comment about how there are only 21 2.0 Turbo Manual Transmission Genesis Coupes in the country and ZERO in Houston, when i've already called up and checked the inventory in Houston before even leaving the house. well, even at the slashed price, i still had no plans to buy the car at MSRP so i took the offer he gave me and promptly left.
the plan is to take this offer written on paper and contact other dealers that i've located and use that to drive the prices down a bit before going back to the dealership in town later this week with a new set of competing offers, while the car just sits there like it has been sitting for the past 4+ weeks haha.
once the deal sets at my offer, there is another nice bonus that i'm not mentioning to the dealers until the very last moment. the manufacturer is offering a rebate program ONLY for graduates and upcoming graduates for $400 dollars, so if i get a deal at around invoice price, in the end i will have actually paid several hundred dollars BELOW invoice, which would be an extremely awesome deal.
hope it doesn't fall through! ^__^
*crosses fingers*
in the meantime, i'm trying to figure out how to drive a manual transmission.
god that thing is fckin tilting me.
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| | Last edit: 16/06/2009 02:28 |
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CrownRoyal United States. Jun 16 2009 03:23. Posts 11385 | | |
you could get so much sexier of a vehicle for 23k  |
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CrownRoyal United States. Jun 16 2009 03:24. Posts 11385 | | |
as for haggling with car dealers just make sure they get ur phone number and you offer them something ridiculous and be firm about it.
they will call you until they sell the car at whatever profit they can turn. |
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CrownRoyal United States. Jun 16 2009 03:24. Posts 11385 | | |
i want to brag that I bought my truck for less than trade in on kelly blue book and the dealer admitted he was losing money on it, lolol |
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thumbz555 United States. Jun 16 2009 03:43. Posts 3281 | | |
23.5k for a Hyundai? Meh. Buy a used porche boxter for like 18k. Now that's +EV |
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lazymej Canada. Jun 16 2009 04:16. Posts 2897 | | |
You seem pretty set on this car and have been for a while, so I'll just say that the Genesis is impressive for what it is and I'll stop there.. 
Manual is easy, just keep practicing and it'll become second nature. |
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i have troubles driving automatic xD! |
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d.Apollo United Kingdom. Jun 16 2009 04:32. Posts 741 | | | |
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lazymej Canada. Jun 16 2009 06:18. Posts 2897 | | |
Np, ricetastic hateration and fanboyism pisses me off.
Very nice car panorama.
I'm in love with G35 coupes  (is that a drooling smiley?), they are so sexy. The sedans, not so much. But indeed that is a ridiculous price. |
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| Im only good at poker when I run good | |
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Chewits United Kingdom. Jun 16 2009 07:20. Posts 2539 | | |
lol, dam its all manual gearboxes in UK. you do get some automatics but the majority of the population drive manuals. I think I would get bored driving an automatic O_O |
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| I am a degen. Do not believe in any of my advice. | |
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TheTank United States. Jun 16 2009 09:37. Posts 830 | | | |
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| sigh...its like they are throwing money out of a helicopter and i dont have any hands...so i just break even. | |
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Achoo Canada. Jun 16 2009 11:10. Posts 1454 | | |
I like how you bargain prices, youre a sucker if you buy stuff at the price they are tagged. Everything i buy i bargain the price until i reach the lowest possible one, if i dont feel like i ve saved a lot of monies on my purchase i wont buy, its like a sport to me. Good luck on that, and nice car btw. |
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| Odds are exactly 50%: it either happens or not | |
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thewh00sel  United States. Jun 16 2009 12:08. Posts 2734 | | |
Lol I'm such a sucker. I've bought 3 cars with my own money and just snapcalled whatever was quoted by the dealer. I think avoiding the annoyance of talking to scummy car salesmen is worth just paying more and getting out of there lol. |
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| A government is the most dangerous threat to man’s rights: it holds a legal monopoly on the use of physical force against legally disarmed victims. - Ayn Rand | |
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Highcard Canada. Jun 24 2009 14:57. Posts 5428 | | |
| | On June 16 2009 11:08 thewh00sel wrote:
Lol I'm such a sucker. I've bought 3 cars with my own money and just snapcalled whatever was quoted by the dealer. I think avoiding the annoyance of talking to scummy car salesmen is worth just paying more and getting out of there lol. |
ha that is what they want |
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| I have learned from poker that being at the table is not a grind, the grind is living and poker is how I pass the time | |
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