Originally Posted by clearsector

Interesting, never looked at it that way. Looking at it from a mathematical perspective, the true reason for putting down is to lower the monthly and pay less interest in the long run.
Although you can always put your downpayment and invest it where the return is higher than your interest rate which technically makes the price for your purchase less.
I don't see the logic on why a dealer would get incentives on down payments.. I would've thought the opposite since they make more off you in the long run w/o a down.
Thanks for the heads up!

Originally Posted by GFrnk69

Well im going to be honest with u. I work at a Honda dealership and Down payments are nothing more than commission for us (the salesman) cause the Closer will just take that money and make it dissapear in ur monthly payments bringing the monthly payments down very little. Keep ur 6k invest it and put 0 down. The salesman is gonna try his heart out for u to put a down payment. But I wouldnt. Hope this helps

-Frank

Originally Posted by clearsector

right.. invoice on a base model is $25,860 which makes it about 28k after cali taxes..
damn it.. why cant i settle for a base model?! lol
I think im going with this price though... if i can save $500 more later im not going to lose sleep over it.. I need a form of transportation asap
good luck with your basement shopping!