Jesus Christ yeah, all the BMW/Merc/Audi always have some shitty lease deal to get the povos in the door, and it's always on some trash car like the CLA250 or the 320xi.
"Lease an A4 for only $499 a month!"
>30 month lease with $7k down
>Tax and fees not included
Aren't you the trip fag who answered all my questions about the Honda CX500? Ended up buying a Suzuki Bandit 600S, but I still think about that sweet CX500 that got away.
On your 17k/yr welfare cheque?
yes sir.
good to know. I will keep that in mind. I don't know much about anything, but I know I am really good at buying and selling cars.
They don't care about cars, some do but most don't. In your interview tell them you like cars but you like money even more and that's what you're there for. They want to see drive and motivation to close, it can be done with limited time at the dealership but you'll be married to your phone for emails and such. You're expected to be constantly selling or generating leads
the 20% rule i'm not much a fan of because it applies to to paying in cash for a car which few people do, understandably, a well managed auto loan is fine
BUT, 15% of your monthly incoming going to your entire car hobby or car use, makes more sense.
if all your car(s) payment(s) gas, insurance, and average maintenance costs exceeds 15% of your post-tax monthly income, be careful or find a way to downsize
For example
>i earn roughly $3400 a month after taxes but before other expenses
>between my miata and 540i i spend like $500 total for insurance, maintenance, and gas on average.
>that's just below the $510 theoretical ceiling, and that makes sense because if i do some big expensive maintenance job on either car i can really feel it in my budget BUT it doesn't disrupt it hugely
if i instead had one car i pay like $300 a month on in payments and $120 in insurance but it was under warranty, that would work too
speaking of which, man i hope this is just a stuck valve and not a bent valve or dead piston rings
1.9% apr
net liquid worth? It's worth like 200% of it. But worth about 5% of my assets
Only costs about half a week's pay
WHat's insurance for two cars? Probably more than $120. Even my 27 y/o shitbox truck is 70 a month and I have a perfect record, 25+ years. Cars don't make much sense financially for the vast majority of people so I'm not hating.
If I needed a car tomorrow I'd buy a 2-3 y/o 8k Impreza
But how much did you put down, genius?
Man, these 72 month loans are scary. You might think it's nice because low payments, but over the lifetime of that loan, you're paying way more than the car is worth because of interest.
84 month loans also exist and yes people do routinely get them