Good
Deals On 2001
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Vehicles
Are Cropping Up Everywhere
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You
can hardly turn on the television, pick up a magazine and or
newspaper without seeing a great deal on the purchase or lease of
many popular vehicles. This has been going on in many
areas for months. Why is this, you might be
wondering? Well the answer is very simple.
Americans
have not been buying or leasing cars at the rates that they were
just a year ago. As such, many manufacturers are offering deep
discounts to get people into cars that are sitting on lots in many
parts of the country.
Why you
might ask yourself? Again the answer is somewhat simple.
The stock market is down, 401K values are (down in general) and
people are not being swayed into tremendous spending by the
recent interest rate cuts. Thus, people are not buying or
leasing a lot of new cars.
From the
manufacturers point of view, this is a problem. The 2002
models will be out in full force soon. They need to clear the
dealers' lots of the 2001 models, so there will be space for the
2002 models.
If you are
looking to purchase a new vehicle, this might be a good time to make
an incredible deal on the current year's model. Here are a
couple of deals that have been running lately and they sound
impressive, especially if that is the vehicle you want to
purchase:
-
One manufacturer is offering to
put you in a new car now, let you drive it for a full year with
a minimal amount of upfront fees. You do not make an
actual payment for a full year. Of course this applies to
existing inventory. * ++
-
Another manufacturer is
offering you its top of the line sports utility vehicle for 0%
financing for 48 months. You do the math on a vehicle that
sells for about 50,000 without any finance charges for a full
year. That is some savings. *
++
*
Some of the deals available require specific qualifications.
The use of the language of an add is for illustrative
purposes.
++
We
do not recommend or intend to recommend that you make a purchase
from any specific manufacturer.
REMEMBER:
Select
a dealer that shows you respect and speaks to you in a manner that
makes you feel comfortable. Do
you homework and we hope you have a pleasant experience if you
purchase or lease a new vehicle.
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| Michael R. Jolivette has
been in the automotive industry for over 20 years. He has been the
manager of a automotive store and repair shop in a national
chain for 17 of
those years. Mike will be providing tips and answering questions on
a regular basis in FAVOC. So email us with your automotive interest
at FAVOC
Magazine. |
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We are in need of some auto
repair stories for this section. If you have some learn from
my experience stories, we need to hear from you. We would like
to consider them for a future issue of FAVOC
Magazine.
SUBMIT
AN ARTICLE!
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Buying
A New Car
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Part
4
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Many of you are aware that we began a story on purchasing a new
car in our inaugural issue of FAVOC Magazine.* This
story concerns the purchase of a PT Cruiser by
Chrysler.** |
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We have a normal person purchasing the vehicle with a few custom
items following general purchasing procedures. We will keep
you updated on the process as it occurs. |
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The buying process was
started in
September, 2000 and we do not have a PT
Cruiser at our customer's home as of yet. We will
continue to keep you posted on the
process. As we stated in part one of the article, we have a minority owned dealership that we are
purchasing from and we will report on various aspects of the
saga as it continues to unfold. |
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As a reminder, when the deal was negotiated and the $500.00 deposit left, we were promised
(in writing) that we would be paying MSRP with none of the ridiculous
markups that some dealers place on cars. Chrysler has
encouraged their dealers to sell the car for MSRP, they do not
approve of the markups according to several sources. We are about to
find out how the process works and if MSRP can be fudged. Our
common sense says no it can't and it won't. We believe, for
now anyway. |
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| We
have not made a recent phone call because we want to see if
they will figure out that they have our money and contact us.
Thus far, nothing. We will contact them within the next couple
of months, because more than a year is problematic. We are hoping to get one
soon. |
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Follow us, as we continue to wait patiently for our PT Cruiser story to
culminate. Author revealed when the story is complete.
More details of our adventure in the next issue of FAVOC.
If you have any interest in the
vehicle on a personal level go to the website of Chrysler.
They have loads of information about the
car available for you to view and/or download. |
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**
Please remember that any results that are reported
does not mean that the experience is the customary practice of
any dealership or Chrysler as a whole. We are just sharing one
limited viewpoint about the buying process. We will report the pros and/or cons
accurately of our experiences. This article is not intended as
a recommendation or non-recommendation of the Chrysler PT Cruiser. |
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If we
have any PT Cruiser owners in the world of FAVOC, please share your
experiences with us about the purchase process. That
story will be run, when after this one culminates. |
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