2020 GT2 AWD - Advice Needed

[Jertom08]

Sure, please see attached pics. I was able to complete my buy-out in under 30 days. Just waiting on the title and lien release now. Should arrive any day now.

Is it worth me trading in my truck and them buying it out? They are giving me payoff. Dealer said if I remove the trade I lose equity and payments will go up. Or I can sell it to Carvana and pocket $454. Below is what I have right now from the dealer on a 2020 GT2 Awd.

 

[Lonz]

Is it worth me trading in my truck and them buying it out? They are giving me payoff. Dealer said if I remove the trade I lose equity and payments will go up. Or I can sell it to Carvana and pocket $454. Below is what I have right now from the dealer on a 2020 GT2 Awd.

I would not trade-in. Clouds the deal. Tell them you want the dealer discount at $5,387, which is 10% off of MSRP. Looks like their doc fee is $799, which sucks. That's really high. Doc fees in my area are usually around $199. Also, what exactly is the Non-Tax Fee? If this includes the $650 lease acquisition fee, then I would understand. Bottom line, here's how you want the numbers to shake out:

MSRP: $53,870.

Discount: $5,387.

Lease Rebate: $10,450.

Price Before Taxes & Fees: $38,033.

Admin / Doc Fee: $799.

Lease Acquisition Fee: $650.

Tax: $313.

Adjusted Capital Cost: $39,795 (this is your TRUE price paid for the Stinger, and the amount you'd need to pay to buy-out the lease).

Bottom line, focus ONLY on the Adjusted Captial Cost, and definitely NOT the monthly payment.

Hope this helps!

 

[Jertom08]

I would not trade-in. Clouds the deal. Tell them you want the dealer discount at $5,387, which is 10% off of MSRP. Looks like their doc fee is $799, which sucks. That's really high. Doc fees in my area are usually around $199. Also, what exactly is the Non-Tax Fee? If this includes the $650 lease acquisition fee, then I would understand. Bottom line, here's how you want the numbers to shake out:

MSRP: $53,870.

Discount: $5,387.

Lease Rebate: $10,450.

Price Before Taxes & Fees: $38,033.

Admin / Doc Fee: $799.

Lease Acquisition Fee: $650.

Tax: $313.

Adjusted Capital Cost: $39,795 (this is your TRUE price paid for the Stinger, and the amount you'd need to pay to buy-out the lease).

Bottom line, focus ONLY on the Adjusted Captial Cost, and definitely NOT the monthly payment.

Hope this helps!

$738 is acquisition and plates. So with the trade i'm saving on taxes essentially and getting the extra $750 that makes up the total rebates of $10,450. Would it make more sense to keep the trade and bump up the discount to $5387?

Or remove trade, bump up the discount to $5387 (+528), but decreasing rebate to $9700 (-750)?