G
Guest
·Hi All
I just bought today a "2011" equinox, LTZ, V6 AWD.
If you recently purchased a 2010 clear out and took advantage of the employee pricing you may have got taken for a ride....if you are planning on buying one of the remaining 2010 models...DON'T. This comment applies for Canadian's only as I don't know what pricing and interest rates are currently in effect in the US! I imagine this could similarly apply to the US folks too.
Here's why. I have been looking at the equinox for the past month. I was hesitating between the 4cyl or the 6cyl. When I was ready to pull the trigger the dealer let me take an Equinox home over night and have for an entire day. All along I was led to believe that the 2011's "weren't available yet" or "rare to come by" or "very limited on the different trim levels"...you most likely would have to order it and wait 4-6 weeks for delivery!!!
When I decided exactly what I wanted, trim level, int. color, ext. color, options ect... the sales person searched high and low. When it was finally determine that, that particular model was nothing available in a 2010 he all of a sudden realized that he had a bunch of 2011's right on the lot hidden out back and that other dealers had a bunch of them too!
Wait...it gets better and this is why you may have been taken for a ride buying a 2010 model within the past month or so.
1. Whatever amount of money you think you saved $1800-$3500 depending on the trim level....your vehicle is already worth that much less becasue it's now considered 1 year old and even if you went to sell it many years from now it will still be 1 year older and fetch that much less money.
2. Unless you paid for it in cash, what ever you think you saved you loose it back on the interest rate. Right now on 2010 models the finance rate is 5.79% on any term between 12 and 60 months. On the 2011's...the vehicles we're led to believe aren't quite avilable yet...is only 2.9% on a 48mth and 3.9% on a 60mth.
Basicay at the end of the day your payment will be virtually the same (within a few bucks) only you got stuck with a 2010 or you got a 2011.
I got the 2011 at 2.9% for 48nmth......and yes there are plenty around...they just don't tell you...and of course won't tell you of the lower interest rates on the 11's that would wash out the "employee pricing" savings your think you're getting on the 2010
Hope this helps anyone looking to buy a Equinox/terrain very soon. Insist on a 2011 and the better interest rate!
I just bought today a "2011" equinox, LTZ, V6 AWD.
If you recently purchased a 2010 clear out and took advantage of the employee pricing you may have got taken for a ride....if you are planning on buying one of the remaining 2010 models...DON'T. This comment applies for Canadian's only as I don't know what pricing and interest rates are currently in effect in the US! I imagine this could similarly apply to the US folks too.
Here's why. I have been looking at the equinox for the past month. I was hesitating between the 4cyl or the 6cyl. When I was ready to pull the trigger the dealer let me take an Equinox home over night and have for an entire day. All along I was led to believe that the 2011's "weren't available yet" or "rare to come by" or "very limited on the different trim levels"...you most likely would have to order it and wait 4-6 weeks for delivery!!!
When I decided exactly what I wanted, trim level, int. color, ext. color, options ect... the sales person searched high and low. When it was finally determine that, that particular model was nothing available in a 2010 he all of a sudden realized that he had a bunch of 2011's right on the lot hidden out back and that other dealers had a bunch of them too!
Wait...it gets better and this is why you may have been taken for a ride buying a 2010 model within the past month or so.
1. Whatever amount of money you think you saved $1800-$3500 depending on the trim level....your vehicle is already worth that much less becasue it's now considered 1 year old and even if you went to sell it many years from now it will still be 1 year older and fetch that much less money.
2. Unless you paid for it in cash, what ever you think you saved you loose it back on the interest rate. Right now on 2010 models the finance rate is 5.79% on any term between 12 and 60 months. On the 2011's...the vehicles we're led to believe aren't quite avilable yet...is only 2.9% on a 48mth and 3.9% on a 60mth.
Basicay at the end of the day your payment will be virtually the same (within a few bucks) only you got stuck with a 2010 or you got a 2011.
I got the 2011 at 2.9% for 48nmth......and yes there are plenty around...they just don't tell you...and of course won't tell you of the lower interest rates on the 11's that would wash out the "employee pricing" savings your think you're getting on the 2010
Hope this helps anyone looking to buy a Equinox/terrain very soon. Insist on a 2011 and the better interest rate!