I recently purchased a vehicle from a forum dealer that is very well known. He was spectacular however, his finance guy was a total tool. I asked him if he had a rate similar to Kerbeck’s special 2.14% and he totally trashed them and said that it’s not valid on two door cars and they buy the rate down blah blah blah. I know he was BS’n me because I bought from Kerbeck two years ago when they had a 1.9% offer with PNC bank and it was 100% legit with no strings and of course it’s valid on two door vehicles. Idiot. I don’t care how they get the rate with the bank, if they buy it down or not, as long as I get the rate without any fees to me, then I am a satisfied buyer which I was. I told the finance guy that I don’t appreciate him trashing a competitor for no reason, I was pretty PO’d about that approach. I would have killed the deal if it wasn’t a custom order. I’ll never buy from that dealer again because of his finance guy’s tactics.

No strings - no fine print. Pretty basic loan actually. Just a 2.14% rate when everyone else is 3% or so. I went thru them and am happy. The only thing I had to do was make sure they added gap coverage, which wasn’t included unless requested.

Gap - because values drop faster than your loan. Basic math and a good idea for coverage.

Especially since this car is a daily driver. It’s on the road 15,000 miles a year. If something happens, it’s paid off and I upgrade. Simple insurance for some peace of mind.

I’ve spent over 20 years in the profession and never make negative comments about my competitors. I told him to his face that I don’t like people who disparage their competitors. Having dealt with Kerbeck I knew their rate was great with no strings provided you qualify which isn’t very difficult. It’s not like it was only reserved for people with unrealistic credit scores or only reserved for purple cars. If my purchase was a car off the lot I would have walked right there but it was a factory order and that wouldn’t have been right to do to the dealership over the actions of one moron.

I was planning on buying my first ever vette this fall zeroing in on Ferbecks offer. What has had me leaning towards new was it seemed the used cars I've investigated were so close to new prices the new just made more sense. So why does the new car depreciate but the used one holds it value? 🤔

dave if you must finance $40k and must sign for 60-72 months but there are no prepayment penalties what is to stop someone from taking the financing and then paying it off when they want? Say I wanted to finance only $25k. Seems to destroy the $40k threshold requirement.