r/askcarsales • u/Fit-Elk-2478 • 1d ago

US Sale Finance Rates

Just looked into purchasing a new Grand Highlander, when the salesman came to talk price the preprinted sheet he was using only had 4.99 and 5.99% listed when asked he Anaïs those are the only rates they offer and couldn’t go lower.
Is this normal or a trick/scam?

0 Upvotes

25% Upvoted

13 comments sorted by

10

u/WeekendFarmer4240 Vendor 1d ago

Because those are the rates for that car.

Not a scam.

Please see dictionary

3

u/DavefromCA Former Sales 1d ago

"Please see dictionary"

LOL

7

u/DavefromCA Former Sales 1d ago

Why would an interest rate be a scam or trick?

Did you shop for money?

5

u/NemesisOfZod Retired Internet Sales Director 1d ago

Why, exactly, would this be a scam?

-4

u/Fit-Elk-2478 1d ago

Seemed odd that they would only offer two different rates that’s it

7

u/NemesisOfZod Retired Internet Sales Director 1d ago

Would you prefer that they had offered you 12.5% and 21.9% as options instead of manufacturer subvented rates?

3

u/paintedwoodpile Internet Manager 1d ago

How many rates should there be?

6

u/JRGonzo89 Former Toyota and Scion Sales 1d ago

Might want to look up the definitions of those words you are using.

0

u/Fit-Elk-2478 1d ago

Just saying it was odd that there were only two rates available and no negotiation either way

1

u/gganew Ford General Sales Manager 1d ago

Next time tell them to come out with a higher rate, so you can negotiate and feel good for yourself.