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I Got A New Car…FOR FREE!!!

March 25, 2013

Yeah not even kidding.  This is awesome.  But part of it is sad, but mostly awesome.  It was stressful and emotional and I don’t want to have to buy a new car for the next decade now.  I learned a few tricks and will definitely share them with you but first, let me shout out a tribute to my old love, the Xterra.

Old Yeller

This car was given to me a few years ago as a present from my mom.  She did something that I see as really idiotic but God love her, she’s still my mother so I let her do what she wants (not like I could tell her otherwise.)  She paid off this sweet muddin’ machine and immediately went out and

My beautiful old girl

My beautiful old girl

bought a brand new car.  I’ve had it ever since, taking it off road, getting to kayak sites and burning through my wallet.  At 14mpg, this puppy was a golden gas guzzler.  This car definitely had sentimental value as it took me and a U-Haul trailer all the way across Tennessee, through the Appalachian Mountains and almost to the Atlantic Ocean so I could go be with the love of my life.  I had a lot of good times in this car and it was hard to let it go, but I had to have the future in mind.  The thing about us personal finance bloggers is, we all have the same mind set of looking at things in a long term perspective.  I don’t see the gas prices in this country dropping anytime soon, so I had to drop the 14mpg fun wagon and get something way more fuel efficient.

Ride The Lightning!

Boom! Brand spankin new 2012 Honda Civic 2 door coupe.  41mpg on the highway and I’m averaging 28mpg on my 5 minute drive to work. THIS CAR IS AWESOME!!!  When I was shopping I wasn’t concerned with sales gimmicks like a sunroof or bluetooth and such but now that I have them, I have no clue how I drove any car before this.  It has an Eco button that makes my lead foot become non existent and it looks damn good.  I can’t not rave about this car.  From the search to the surprise that was thrown my way to the negotiating to the actual deal.  I just can’t believe how lucky I actually got.  I’m not going to lie, I had A LOT of help.

The Hand Is Dealt

So after minor things slowly chipping away at my emergency fund with Old Yeller, I get a call from my dad telling me that he wants to help me buy a car.  At this point, I’m speechless because my parents have never been in the position to do something like this for me and I have paid for everything myself since I became a legal adult.  So he says to me “I’m willing to put $1,500 down and I’ll send you $200 a month for a note but I want it in your name only and I want you to get something that has really good mpg.”  I was like..OKAY!!  So the woman and I start shopping and we’re absolutely clueless on what the salesmen are saying and throwing at us.  But lucky for me, I can smell bullshit.  So I use one of the aces up my sleeve and get the woman’s dad in on things.  He works for SAS and negotiates multi-million dollar deals as a senior sales executive so he knows some things.

The Flop

We end up getting Kia and Honda duking it out for my money and seeing who will work the better deal and Kia had a damn good deal on the table for a decked out Used 2011 Sorento with only 30k+ miles on it.  And when I say decked out, this thing was blinging on the inside with black wood for the interior and every bell and whistle you could want.  But was it for me?  I couldn’t stop thinking about the 2013 Civic that was HOT and even though the deal was amazing  I just kept thinking about the Civic.  But then I had some advice from the old man and asked Honda something…

The Turn

The Hotness

The Hotness

The 2013 Civic just wasn’t going to work out price wise even though it was perfect.  I took this thing for a test drive and everything from the eco button to the giddy up it had when I put the pedal down to the sexy blue color was absolutely magnificent.  But then I asked the golden question: “Do you have any new 2012’s left on the lot that are the same trim level and possibly a darker color?”  And lo and behold my new baby was found.  The woman’s dad worked them down to a $216 a month note which meant I would be getting a brand new car for $16 a month and we were going to get it for 0.9% interest for 60 months which is ridiculous.  My salesman, whom I was slowly wearing down since we were on day 2 of hard negotiation sets me up with a test drive and all is right in the world.  I go home drooling about this car and not able to sleep while bugging the woman about it all night.  The next day I go to the dealership alone, ready to be Mr. Suave and in charge.  The morning starts off great because I get my trade in value up from $3,500 to $4,250 and hot damn it felt good to be a hard ball negotiator.  We start the paperwork and my credit isn’t anywhere near established enough to get the 0.9% so my salesman says he can mail all the paperwork to my dad in Arkansas and everything will be fine but I needed to go ahead and fill out the co-applicant information.  That’s where the red flag went up for me.  I was sure my dad knew about this and that it had to happen but I remembered him saying he wanted it in my name only so I call him and let me tell ya, he ain’t happy.  He bumps the down payment to $3,000 to see if that’ll help and it doesn’t but there’s nothing left on the table money-wise so we have to eat it and get his name on the title.  We start to go through with it.  Not 5 minutes later I get a phone call from him that rocked my world…

The River

“Offer him $14,000 and your trade in, out the door.”  I lost all of my composure that I had retained for hours that day.  Sweat started to form on my forehead as I tried to comprehend what he was telling me.  I just gave the phone to the salesman and said, he has something to tell you.  The salesman is telling my dad there isn’t anymore room to negotiate and blah blah blah and then he takes my cell phone and goes into his manager’s office.  At this point in time, the dealership is closed so I’m walking around pacing and I became the equivalent to a fart in a windstorm. because I have no idea what they’re saying to each other.  I can’t even hear the salesman talk because he went to his manager’s office and I don’t have my phone to text anyone and find out WTF is going on…

The Royal Flush

My salesman comes back out, no one on the phone and says “Ok here’s what happened.  He wants to pay $14,000 plus your trade in for out the door blah blah blah and we just can’t do that, there’s still $1,600 left that someone would have to eat. So he offered $15,000 and it’s in my manager’s hands right now.”  He gives me back the phone and we wait for the computer to confirm or deny.  While were waiting, my salesman gets a call from his manager saying he has to call the regional manager to see if this can be approved because it’s beyond him.  What he really meant is, “We’re going to lose money on this deal so I have to get his permission to take the loss because I don’t want to get my ass chewed out.”  BOOM! The deal comes through $15,000 + my trade in =tags/title/doc fee/taxes and everything OUT THE MAH F’N DOOR! My salesman shakes my hand and says congratulations and that he has never seen a deal like this happen because they took a $200 loss on the car (He showed me the original factory invoice and everything!)

I love this car, I loved the rush of getting it and the roller coaster ride it took me on.  Everything worked out and I’m driving it like I stole it every day that I can.  It was snowing the day I picked it up so excuse the dreariness of the picture but after this long read, if you stuck with me, here is my free car 🙂

Ride the lightning!

Ride the lightning!

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