So after spending 4.5 hours at Down Town Toyota, I am the proud owner of a charcoal gray 2010 Prius.
I went down to buy a 2008 model with 28,000 miles for $19,900 but because I took time this morning to eat breakfast, clean out my car (for a trade in) and visit my bank, I was too late and someone got the car right our form under me while I was starting paperwork.
That is just plain poor salesmanship to tell someone that they can get a car and then offer it to someone else after they (I) call ahead and say they are coming down to start the paperwork. Bleh.
Anyway, eager to not have me leave empty handed, the salesman (Joe) said that they had several new Priuses (Priusii?) for only $2,000 more than the one I had wanted. Of course, they didn't have all the bells and whistles: no GPS navigation, no USB input for my iPod, no Bluetooth system. But for the price ($24,000 - a $200 trade in and $500 down payment), is a flipping Prius. I ended up having to get my parents to co-sign so I could get a reasonable rate. Because I have my credit cards maxed out (just started paying them down last month) my credit score is abysmal right now and this is my first big loan, so I don't have any history to reassure banks. I was flatly refused by Chase for a pre-approved loan and I was offered 14% interest if I paid $5,000 for a down payment. If my dad hadn't been there I would have walked out then. But he agreed to co-sign and I got 7% interest with the afore mentioned $500 down which I am much happier with. (I don't have five grand laying around, do you?) In about 6-7 months when the loan has been added as a good thing on my credit report I am going to try to refinance with Chase for a better interest rate (5-6% hopefully) and no co-sign (my parents don't need to be responsible for my purchase).
Anyway, more about the car: it does have an auxilary in jack, so I can plug in my ipod to the speakers, I just can't control/charge it from the stereo system. Which is ok. The engine in the new 2010 is a 2.4 liter instead of the 1.8 that my father's 2005 Prius is. The engine is more powerful and yet somehow also more fuel efficient. The car also has several driving modes: "Eco" for slower acceleration (actually dampens the effect of the pedal) but better fuel economy, "Power" for faster acceleration and overall power at the cost of efficiency and "EV" which is electric only. This EV mode has to be turned on while the gas engine is off (like when you are driving down the street without accelerating) and turns itself off if you stomp on the accelerator or go over 25 mph. It would be nice for in parking garages where you dont want emissions, or early morning as you are pulling away from a house so the engine doesn't bother anyone.
I am very happy with the purchase and especially happy to be rid of my old car. For those of you who haven't ridden in it before, it sqeals going around corners, the windows don't roll up/down very well and it smells strongly of vinegar. Plus the trunk is a pernicious rust infestation and the battery occasionally gets drained for no apparent reason (sometimes in just 15 min!). So yeah, having a new car with no mechanical problems is so amazing. Just being able to roll my windows down without worrying about whether or not I can get them back up is wonderful. Plus there is the fact that the Prius is just a fancy car. I am thinking about getting a vanity plate for it since a co-worker has one for his Honda Fit. His is GEEK-FIT, I want to get one that says CAR-CDR (a lisp reference for the non-computer geeks).
Well, thats all for now. Have to go pick up my brother from work so he can see my new car. Hee hee!
I went down to buy a 2008 model with 28,000 miles for $19,900 but because I took time this morning to eat breakfast, clean out my car (for a trade in) and visit my bank, I was too late and someone got the car right our form under me while I was starting paperwork.
That is just plain poor salesmanship to tell someone that they can get a car and then offer it to someone else after they (I) call ahead and say they are coming down to start the paperwork. Bleh.
Anyway, eager to not have me leave empty handed, the salesman (Joe) said that they had several new Priuses (Priusii?) for only $2,000 more than the one I had wanted. Of course, they didn't have all the bells and whistles: no GPS navigation, no USB input for my iPod, no Bluetooth system. But for the price ($24,000 - a $200 trade in and $500 down payment), is a flipping Prius. I ended up having to get my parents to co-sign so I could get a reasonable rate. Because I have my credit cards maxed out (just started paying them down last month) my credit score is abysmal right now and this is my first big loan, so I don't have any history to reassure banks. I was flatly refused by Chase for a pre-approved loan and I was offered 14% interest if I paid $5,000 for a down payment. If my dad hadn't been there I would have walked out then. But he agreed to co-sign and I got 7% interest with the afore mentioned $500 down which I am much happier with. (I don't have five grand laying around, do you?) In about 6-7 months when the loan has been added as a good thing on my credit report I am going to try to refinance with Chase for a better interest rate (5-6% hopefully) and no co-sign (my parents don't need to be responsible for my purchase).
Anyway, more about the car: it does have an auxilary in jack, so I can plug in my ipod to the speakers, I just can't control/charge it from the stereo system. Which is ok. The engine in the new 2010 is a 2.4 liter instead of the 1.8 that my father's 2005 Prius is. The engine is more powerful and yet somehow also more fuel efficient. The car also has several driving modes: "Eco" for slower acceleration (actually dampens the effect of the pedal) but better fuel economy, "Power" for faster acceleration and overall power at the cost of efficiency and "EV" which is electric only. This EV mode has to be turned on while the gas engine is off (like when you are driving down the street without accelerating) and turns itself off if you stomp on the accelerator or go over 25 mph. It would be nice for in parking garages where you dont want emissions, or early morning as you are pulling away from a house so the engine doesn't bother anyone.
I am very happy with the purchase and especially happy to be rid of my old car. For those of you who haven't ridden in it before, it sqeals going around corners, the windows don't roll up/down very well and it smells strongly of vinegar. Plus the trunk is a pernicious rust infestation and the battery occasionally gets drained for no apparent reason (sometimes in just 15 min!). So yeah, having a new car with no mechanical problems is so amazing. Just being able to roll my windows down without worrying about whether or not I can get them back up is wonderful. Plus there is the fact that the Prius is just a fancy car. I am thinking about getting a vanity plate for it since a co-worker has one for his Honda Fit. His is GEEK-FIT, I want to get one that says CAR-CDR (a lisp reference for the non-computer geeks).
Well, thats all for now. Have to go pick up my brother from work so he can see my new car. Hee hee!
Current Mood:
ecstatic
Leave a comment
