Quote:
Originally Posted by dgoldenz
Good thing there’s more than one car out there. If the deal sucks, buy it instead or find another car. Nowhere did I say 1% is the best deal possible. Rule 1 of buying/leasing a car - do some damn research.
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You said anything over 1% and "you're getting hosed". That's not necessarily true. What constitutes a "good deal" vs. a "bad deal" varies by car.
Now if you want to talk in general terms and say I'll buy whatever shitbox I can get my hands on regardless of if it meets my personal needs/desires or not, as long as it meets the 1% rule, then sure. But even in that situation, 1% doesn't automatically mean it's a good deal on that particular car if people are typically able to achieve 0.7%. In that case 1% would actually be overpaying.
The "1% rule" is fundamentally flawed. I can agree with you on the "do some damn research" part. The entire goal is to see what others are paying for the same car, around the same timeframe and general region as you - to give you a sense of what's possible.
Here's something to blow your mind - The same car can simultaneously be a good deal and a bad deal at 1%, depending on who's leasing.