extended term finance cash for 09 vibe

Ontario
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ward
Posts: 3
Joined: Tue Oct 21, 2008 3:32 am

extended term finance cash for 09 vibe

Post by ward »

Want to buy 09 vibe and take advantage of $2,500 cash rebate for extended term finance (72 month+), which is listed in carcostcanada report. Has anybody used this kind of incentive before? Want to know the details like max down payment (the more the merrier), rate, how quick we can pay off the debit (as quick as possible). This offer ends Oct 31.
kowell
Posts: 469
Joined: Mon Mar 31, 2008 10:19 pm

Re: extended term finance cash for 09 vibe (ward)

Post by kowell »

Best way to get your answer would probably be a quick trip to the dealer.
2009 Vibe 2.4L 1SC - Red Hot Metallic
2011 Sienna V6 CE - Sky Silver
PMC
Posts: 31
Joined: Tue Sep 30, 2008 12:15 am

Re: extended term finance cash for 09 vibe (ward)

Post by PMC »

The $2500 (It's $3,000 if you get a 2.4l engine) is if you do long term outside financing through your bank etc. So the terms are up to the bank, not GM. All they want is confirmation that you're financing this (you can't just take the discount and pay cash, I checked).This is there way of encouraging you not to take their 0% purchase financing I guess. If you look in the long term with what you'll pay in interest, the 0% offer currently on the table will save you money overall (but your monthly payments will probably be more because of the longer term).
kenwood
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Joined: Sun Feb 17, 2008 12:06 am

Post by kenwood »

I took advantage of this deal and dealership told me i can pay off the rest after 60 days.
ward
Posts: 3
Joined: Tue Oct 21, 2008 3:32 am

Re: (kenwood)

Post by ward »

Some dealers said you can pay off the rest after the 1st month.
kenwood
Posts: 11
Joined: Sun Feb 17, 2008 12:06 am

Post by kenwood »

I was told that by law you can pay off after 60 days. You can try paying off after 30 days but no guarantee there will not be any penalties.
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metaxa44
Posts: 239
Joined: Sun Oct 19, 2008 10:29 am
Location: Markham Village , Ontario

Re: (kenwood)

Post by metaxa44 »

I used GM's financing...
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