GenVibe - Community for Pontiac Vibe Enthusiasts

A post by cptnsolo77 caused me to check with my credit union - turns out I made my final payment on the Vibe on 9/4.

I guess the title will be coming soon in the mail.

Congrats

How much did you overpay, if you don't mind sharing?

Congratulations!

Another "feel good" story Congrats & keep it now for a Long time!

Glad I was able to " influence" you LOL....Congrats

Nasmfell wrote:How much did you overpay, if you don't mind sharing?

I financed $12,124 at 3.9% on a 5-year loan. Pmts were $223 a month and the total cost was going to end up at $13,380. I paid $250 a month instead, paid $559 extra about two months ago, then another $250 and a final payment of about half that and it was paid off after 50 months. I think my total pmts came to about $13,227.

The price on the car was $18,423, I got over $4k off using points on a GM Mastercard and put down something over $2k and financed the rest.

Kincaid wrote:

Nasmfell wrote:How much did you overpay, if you don't mind sharing?

I financed $12,124 at 3.9% on a 5-year loan. Pmts were $223 a month and the total cost was going to end up at $13,380. I paid $250 a month instead, paid $559 extra about two months ago, then another $250 and a final payment of about half that and it was paid off after 50 months. I think my total pmts came to about $13,227.

The price on the car was $18,423, I got over $4k off using points on a GM Mastercard and put down something over $2k and financed the rest.

Thanks. Not too bad.

The GM card savings is what made me pull the trigger - the Vibe was a sentimental favorite of mine but I had it pegged as my third choice at the time behind the Mazda 5 and Hyundai Elantra Touring. I could not pass up that huge savings and was very pleased that GM decided to spur sales by letting us cash all of the points at once.

BTW, just passed 54k miles, no repairs or problems (other than the rattle in the steering column).

Kincaid wrote:BTW, just passed 54k miles, no repairs or problems (other than the rattle in the steering column).

Same here I kinda got used to the steering wheel column rattle now, been so long lol

BTW, I was a total noob when I bought the vibe, my first new car. I did not even haggle the price at all and I was paying 7.9% interest. I've now learned that it's pretty damn high. At the time I thought it was pretty low considering my credit card APR was at around 20% lol I've learned my lesson and will be smarter on my next new purchase. I bet I was an easy customer for that GM dealer =/

Kincaid wrote:The GM card savings is what made me pull the trigger - the Vibe was a sentimental favorite of mine but I had it pegged as my third choice at the time behind the Mazda 5 and Hyundai Elantra Touring. I could not pass up that huge savings and was very pleased that GM decided to spur sales by letting us cash all of the points at once.

BTW, just passed 54k miles, no repairs or problems (other than the rattle in the steering column).

I could have written that post - Jan. 2009 - $13,153.63 net out the door for a 1.8 base at /power pkg after discounts, rebates etc. Was really not in the market for a car. If not for that I'd probably have kept driving my 2003 Vibe that had only 33,000 miles - sold that for $9,500. But gaining 6 model years and starting miles from zero was a bargain I could not refuse for a $3,653.63 out of pocket difference. I also have that steering wheel rattle. Only 25,000 on my '09 though.

lowincash wrote:BTW, I was a total noob when I bought the vibe, my first new car. I did not even haggle the price at all and I was paying 7.9% interest. I've now learned that it's pretty (removed) high. At the time I thought it was pretty low considering my credit card APR was at around 20% lol I've learned my lesson and will be smarter on my next new purchase. I bet I was an easy customer for that GM dealer =/

My first car out of college I financed for 14%! I wish I had done my research and asked around to understand what I was getting into. I wonder how much I paid on that car before I was done? I negotiated the price down about $1k or so but then gave it all back and more by buying an extended warranty that I never needed.