Car dealer forcing me to pay the full amount before car delivery

[rapchik]

22 minutes ago, Raithu_bidda_ said:

🤪🤪 kakruthi lo kamandalam credit card max 5k for car buying for crv it would be 3k 

car buying ki CC endhi.. bhayya chepindhi gatiga 3-4 cc apply cheyi indivually..u will easliy get 7k-8k balance becoz babu degara 30k down chesthundu ante..min 60k undali..CC vadu easy ga isthadu...tesukoni meliga katukovachu CC ki ani

[Raithu_bidda_]

4 minutes ago, rapchik said:

car buying ki CC endhi.. bhayya chepindhi gatiga 3-4 cc apply cheyi indivually..u will easliy get 7k-8k balance becoz babu degara 30k down chesthundu ante..min 60k undali..CC vadu easy ga isthadu...tesukoni meliga katukovachu CC ki ani

Ayina usa lo Cash tho car buying andi idi ado mana time bokka thread tapinchi 

credit score vunapudu honda vade 0.9 apr tho car istadu payments akkuva anuko he can pay 5k with credit card 

my cars apr is 4.79 at 75 months credit score is 600 when I bought 

no car dealer forces for cash payment in case he gets cut from banks if they send customers to the banks for loans 

[rapchik]

1 minute ago, Raithu_bidda_ said:

Ayina usa lo Cash tho car buying andi idi ado mana time bokka thread tapinchi 

credit score vunapudu honda vade 0.9 apr tho car istadu payments akkuva anuko he can pay 5k with credit card 

my cars apr is 4.79 at 75 months credit score is 600 when I bought 

no car dealer forces for cash payment in case he gets cut from banks if they send customers to the banks for loans 

cash payments ani manavadu thondhra padthundu anthe... akada vadu deal close ki..month ending time... so manodu bank nudi loan approval letter tesuko poyina fine... edho 30k pedthuna ani garvapadthu ..bayapadthunadu bhayya...kontha poradu anukunta... lekapothe paisal antha downpayment chesthe use em undadhu ani telvadhu

[Raithu_bidda_]

Just now, rapchik said:

cash payments ani manavadu thondhra padthundu anthe... akada vadu deal close ki..month ending time... so manodu bank nudi loan approval letter tesuko poyina fine... edho 30k pedthuna ani garvapadthu ..bayapadthunadu bhayya...kontha poradu anukunta... lekapothe paisal antha downpayment chesthe use em undadhu ani telvadhu

Ee month kaka pothe next month kaka car akadiki podu ... they will keep on calling until you buy .....this is just dealerships trick to close the deal fast because our bakara can sought out new options don’t fall these tricks be firm when dealing with dealers 

[Raithu_bidda_]

3 minutes ago, rapchik said:

cash payments ani manavadu thondhra padthundu anthe... akada vadu deal close ki..month ending time... so manodu bank nudi loan approval letter tesuko poyina fine... edho 30k pedthuna ani garvapadthu ..bayapadthunadu bhayya...kontha poradu anukunta... lekapothe paisal antha downpayment chesthe use em undadhu ani telvadhu

Loan process is just 2 to 3 hour when I purchased I had every thing online just went to dealership signed and got the car 

 

by the way TS don’t forget tire protection, paint protection etc for 800$ they sound silly but worth they will refund you if you sell the car 

[hello987]

3 hours ago, Ara_Tenkai said:

eroju or tomorrow motham pay cheyamantundu..becoz thanaki month end sales lo chupinchukodaniki... 

edaina problem avuthunda... motham cash teesukoni car ivvakapothe ela ani small doubt... malli antha pedda showroomlo ala chestara ani doubt...

what is your opinion??

cash tho car kontunnaava??? 0.000001% kuda aa pani cheyaru....great going buddy...

[phatposts]

28 minutes ago, rapchik said:

car buying ki CC endhi.. bhayya chepindhi gatiga 3-4 cc apply cheyi indivually..u will easliy get 7k-8k balance becoz babu degara 30k down chesthundu ante..min 60k undali..CC vadu easy ga isthadu...tesukoni meliga katukovachu CC ki ani

Not exactly what you said. Or I might have understood differently.

My idea is :

Apply for 3-4 new cards that have great rewards  but will have minimum spend of $4000 average

Avg rewards value for each card is $500

Assuming you applied for 4 cards you knock off the minimum spend requirement (MSR) very easily and get to keep the $2000 in rewards.

I personally like this approach but every one has their own style.

 

[Ara_Tenkai]

7 minutes ago, hello987 said:

cash tho car kontunnaava??? 0.000001% kuda aa pani cheyaru....great going buddy...

konchem explain cheyava please... na deggera cash undi... savings lo peedaga interest radu... car loan tho konte DCU lo kuda 2.99% APR undi... so ela chusa benefit e kada...

[Ara_Tenkai]

2 minutes ago, phatposts said:

Not exactly what you said. Or I might have understood differently.

My idea is :

Apply for 3-4 new cards that have great rewards  but will have minimum spend of $4000 average

Avg rewards value for each card is $500

Assuming you applied for 4 cards you knock off the minimum spend requirement (MSR) very easily and get to keep the $2000 in rewards.

I personally like this approach but every one has their own style.

 

I like your Idea buddy... I will try that... thanks... but i dont know if they let me use CCs on buying the car...

[hello987]

7 minutes ago, Ara_Tenkai said:

konchem explain cheyava please... na deggera cash undi... savings lo peedaga interest radu... car loan tho konte DCU lo kuda 2.99% APR undi... so ela chusa benefit e kada...

adhe cash vere chota invest chesthe ee loan mida unna interest kante double vasthadi...

[Ara_Tenkai]

Just now, hello987 said:

adhe cash vere chota invest chesthe ee loan mida unna interest kante double vasthadi...

invest chese anthe thelivi ledu bro... telivi lekunda risk cheyalenu... I just want a simple life... dont have to earn in crores... salary chalu...migatha danta bagwan ke hath mein...

[MusuguVeiMazzaChei]

Dont fall to Dealer tricks .

Dont hurry yourself.

When you can get loan for 1-2%  why do u want to put so much money on a depreciating asset ?

paying using CC  is bad idea as you might hit with credit inquries and can damage your credit score .

Ayyiga loan apply chesko then  invest that money in long term stocks or index funds or atleast indian banks (7% interest vastundhi)  or real estate.

[MusuguVeiMazzaChei]

5 minutes ago, Ara_Tenkai said:

invest chese anthe thelivi ledu bro... telivi lekunda risk cheyalenu... I just want a simple life... dont have to earn in crores... salary chalu...migatha danta bagwan ke hath mein...

simple put 90% money in (SPDR S&P 500 ETF Trust) and rest 10% in bonds if you dont have knowledge.

But dont be afraid if you see short term looses .Put their and forget for 5 yrs ..your avg returns should be atleast around 10%

i'm Not an expert but Mark Cuban and Warren buffet ide suggest chesaru if your a begginer

[Ara_Tenkai]

3 minutes ago, MusuguVeiMazzaChei said:

simple put 90% money in (SPDR S&P 500 ETF Trust) and rest 10% in bonds if you dont have knowledge.

But dont be afraid if you see short term looses .Put their and forget for 5 yrs ..your avg returns should be atleast around 10%

i'm Not an expert but Mark Cuban and Warren buffet ide suggest chesaru if your a begginer

thank you... I will try...

[rapchik]

21 minutes ago, phatposts said:

Not exactly what you said. Or I might have understood differently.

My idea is :

Apply for 3-4 new cards that have great rewards  but will have minimum spend of $4000 average

Avg rewards value for each card is $500

Assuming you applied for 4 cards you knock off the minimum spend requirement (MSR) very easily and get to keep the $2000 in rewards.

I personally like this approach but every one has their own style.

 

thats actually good idea...but nuvu okesari ani cards apply chesthe Credit history kuda dhobuthadhi..i mean by few points..apudu loan Apr perge chances kuda unayi