towsw001 Member 67 Member For: 12y 6m 25d Gender: Male Location: Adelaide Posted 09/07/12 01:57 PM Share Posted 09/07/12 01:57 PM I'd agree. That sounds like an awesome deal if they pay out your loan. Shop around for a better interest rate and then make the deal beat that too. Also make sure that the interest rate is fixed for the five years and there isnt any fees if you pay extra off.My interest rate is 8.48% fixed for life of loan, and I can pay it off with no fees. But if I want to withdraw the extra ive paid on it I can do that too. Which means I can pump my money into my loan to reduce the interest and if I need to withdraw any in an emergency its all good.Parking is simple, just reverse it everywhere, easy with the mirrors and reverse camera. Id also get an inspection on any used car. That way you can have things like brake pads, bushes, tyres and leaks checked and factor that into your budget. 2 Link to comment Share on other sites More sharing options...
dre Resident idiot. Donating Members 2,068 Member For: 14y 2m 23d Gender: Male Location: Melbourne Posted 09/07/12 10:49 PM Share Posted 09/07/12 10:49 PM You have got yourself a great deal. I'd try and match your old repayments and cut down the length of the new loan. By the end you should have a much better car for virtually no extra cost. Link to comment Share on other sites More sharing options...
upthefords Donating Members 29 Member For: 15y 7m 4d Gender: Male Location: Gold Coast Posted 09/07/12 11:08 PM Share Posted 09/07/12 11:08 PM There probably making 4-5k in the ford I reakon ..... They nornally get trade in cars for a nick ! Have you tried selling your car privately - you would get alot more for it, then you could go in there and negotiate the price on the ge6. Link to comment Share on other sites More sharing options...
Paulie2256 Donating Members 7,441 Member For: 16y 21d Gender: Male Location: SE Melbourne Posted 09/07/12 11:28 PM Share Posted 09/07/12 11:28 PM Selling a car privately is tough at the moment. Could be months before he gets rid of it. I say do the deal. Link to comment Share on other sites More sharing options...
tab Sucker Moderating Team 32,303 Member For: 20y 7m 18d Gender: Male Location: Brisbane Posted 09/07/12 11:33 PM Share Posted 09/07/12 11:33 PM ...but still ask for a bit more. Have never met a salesman that gives their best deal first-up.Don't worry about the parking either, piece of piss with the reverse camera and sensors. Side mirror that automatically dips when reversing too which is awesome for parallel parking. Link to comment Share on other sites More sharing options...
wombatG6ET Bronze Donating Members 707 Member For: 12y 6m 1d Gender: Male Location: cherrybrook Posted 09/07/12 11:37 PM Share Posted 09/07/12 11:37 PM Buy it, I just bought a 09 G6E turbo for 32,000 with 55,000 on the clock awesome car you have got a great interest rate and I don't think you wound get 19,000 for your old car if you sold it private Good deal mate Link to comment Share on other sites More sharing options...
bjc Donating Members 2,823 Member For: 21y 3m 10d Gender: Male Location: Townsville Posted 10/07/12 01:39 AM Share Posted 10/07/12 01:39 AM Is the loan interest reduceable as I dont think Fords finance do interest reduceable loans?if you dont know what interest reduceable means then I can answer it or someone else will. Link to comment Share on other sites More sharing options...
ZackyD Member 6 Member For: 12y 5m 4d Posted 10/07/12 02:57 PM Author Share Posted 10/07/12 02:57 PM Not to sure what that means mate, are you refering to being able to pay off the loan early? Sorry~ Link to comment Share on other sites More sharing options...
dre Resident idiot. Donating Members 2,068 Member For: 14y 2m 23d Gender: Male Location: Melbourne Posted 10/07/12 09:35 PM Share Posted 10/07/12 09:35 PM Don't think ford do finance here anymore. Most seem to use alphera (BMW finance) if so then yes you can reduce the total interest on the loan by paying it off early. Link to comment Share on other sites More sharing options...
tuono Member 312 Member For: 14y 1m Posted 10/07/12 09:58 PM Share Posted 10/07/12 09:58 PM So handy being able to get info and opinions on stuff like this. It is confusing and nothing worse than a young bloke getting screwed by a bullsh*tting salesman by not fully understanding what's going on. Because they never explain it properly! Mainly cause they cant! Good idea asking the question first mate. It pays. 1 Link to comment Share on other sites More sharing options...
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