Oh my goodness, we just bought a 2010 Corolla!!
During the bargaining process, which started Saturday, I didn’t let myself feel a thing emotionally. I tell you, not a thing. Guess how I know?? Because ALL OF IT hit me when our car dealer, Sal, walked us out the parking lot and handed us the keys. All of a sudden, I wanted to hug him, hug Jesse, hug the random old people buying an Avalon, maybe even kiss the grandma. Everything and everyone. All at once.
If you’ve been following our blog, then you know how we’ve had the WORST luck with our VW Passat. We still have to sell it, but our first car payment with the new car isn’t until middle of December, so we have time to put that bucket of bolts on Auto Trader or walk into Carmax.
The best part about our deal? Yeah, there was not a chance we were able to save up 20k, so we weren’t able to walk away without a car payment. I’m sure Dave Ramsy would NOT approve.
The dealership was, however, offering 0% APR financing for the entire length of the loan. So we are not paying a DIME of interest on this car! I think that even good ole Dave would have to admit that’s at least the second best case scenario.
Plus, for $2 more/month, we have unlimited roadside assistance and bumper to bumper coverage up to 90,000 miles. And since the car only as 45 miles on it now (40 of which JESSE AND I put on the car while testing and driving it home), I think that will be a long time in coming!
We are taking a poll as to the name: What do you think??