Some guy I know of just bought a Cobalt SS... he ended up getting financed for like $30K total?? And he just went to trade it in the other day on an older Z06 at a dealer and they only wanted to give him $21K for it. The kid just got the thing a few months ago....

???????????

 

I hope that 30k included rolling over a previous loan into the new one or something. Since he is trading in a car he just bought he probably did. Its a great way to make sure you are forever upside down on your loans.

Also as soon as any car leaves the lot its value drops because its no longer new.

 

in :CAN:? if its american 30k for a cobalt is rape...unless he had neg rolled into it. Also everyone knows onces if off the lot, conside like 5k or more off the price.

 

ss/tc one but either way thats still too much its more like 27k at the most

 

My understanding did NOT roll over another payment. LOL

 

no way a dealership offered him $21k on a trade in for a cobalt. $30k i can see happen if he was upside down on his previous car when he traded it in.

 

Thank You I didn't think so!!!

 

Every time one of those "What are your payments?" threads comes up, its fun to do the math and see what people are really paying. There are almost always several people paying over 30K.

 

ouch

 

I paid 7600 Cash for my 06 LS
I was looking at an SS but the thing was like 12,000 after taxes

Oh well, wishful thinking I guess.
As for the 30k vehicle, that is insane.

Never buy a car new, never.
Unless you have cash to throw away and will be top heavy and not belly up.

 

30k is a evo price he got raped.

 

Thanks guys I didn't think and I sooooo would do anything to call this guy's bluff and to laugh at him but really it comes down to KARMA for him and this is a good example if anyone ever doubts that....

KARMA finally got this guy!

 

yeah, that seems a bit high.

i mean, perhaps if you figured interest, that would make sense.

 

when i got my car i had a loan rolled over for a trade in..04 lincoln ls..and i ended up paying $28,000 for everything..sucks but i love my car