[cuban335i]

hey guys,
thanks for all the suggestions, but we ended up actually going with a 2011 white suburban (the top of the line trim style) because we got a crazy deal (msrp was 58k and we got it for 3.5k under msrp + free extended 100k mile warranty + no first payment until april + 2.9% financing for 60 months + they gave us 1.5k more for our trade in (a 2005 suburban with a southern comfort conversion) than origionally appraised for). The payment came out to be in the high $600's for a full finance, which is sick

the reason for this is: my mom will be getting a 2011 750li x-drive individual package, LOADED very soon and we already have a 2011 Range Rover HSE, so we just stuck with the utilitarian car (because that's really all that it'll be for) that we can beat up instead of ANOTHER luxury car..

[Silver-Bolt]

Originally Posted by cuban335i

hey guys,
thanks for all the suggestions, but we ended up actually going with a 2011 white suburban (the top of the line trim style) because we got a crazy deal (msrp was 58k and we got it for 3.5k under msrp + free extended 100k mile warranty + no first payment until april + 2.9% financing for 60 months + they gave us 1.5k more for our trade in (a 2005 suburban with a southern comfort conversion) than origionally appraised for). The payment came out to be in the high $600's for a full finance, which is sick

the reason for this is: my mom will be getting a 2011 750li x-drive individual package, LOADED very soon and we already have a 2011 Range Rover HSE, so we just stuck with the utilitarian car (because that's really all that it'll be for) that we can beat up instead of ANOTHER luxury car..

Your family appears to quite the baller yet you finace a Suburban?

[MisterSkiMask]

Originally Posted by Silver-Bolt

Your family appears to quite the baller yet you finace a Suburban?

Cheap money is cheap money

[cuban335i]

Originally Posted by Silver-Bolt

Your family appears to quite the baller yet you finace a Suburban?

What's the point of paying for it cash up front? Even though it is just a suburban, it's msrp was still 58-59k (M3 price range). That's a stupid statement. We were going to put 20k down on top of our trade in, but since its a little christmas surprise for my dad, my mom didn't want to do that because he might find out somehow in the next 10 days that 20k is missing from one of his bank accounts. also, my parents don't like spending a lot of money on cars, they put their money into other things that they enjoy more.

[JIM E92]

Touareg TDI 406 lbs ft. at 1750 RPM. That ought to put a smile on your face. If not the sublime interior should. Need more storage, get a Thule box on the roof, take it off when commuting. It also gets 25 MPG on the highway.

[MikeyV]

Jim you can't fit 7 in a Touareg, even five adults is stretching it, plus they have already bought a Surburban.

[Coni]

Originally Posted by cuban335i

hey guys,
thanks for all the suggestions, but we ended up actually going with a 2011 white suburban (the top of the line trim style) because we got a crazy deal (msrp was 58k and we got it for 3.5k under msrp + free extended 100k mile warranty + no first payment until april + 2.9% financing for 60 months + they gave us 1.5k more for our trade in (a 2005 suburban with a southern comfort conversion) than origionally appraised for). The payment came out to be in the high $600's for a full finance, which is sick

the reason for this is: my mom will be getting a 2011 750li x-drive individual package, LOADED very soon and we already have a 2011 Range Rover HSE, so we just stuck with the utilitarian car (because that's really all that it'll be for) that we can beat up instead of ANOTHER luxury car..

Looks like your family enjoys a bunch of great cars

Sounds like you got a great deal! The Suburban will be really nice to ride in, its really plushie inside, if that makes sense haha

Originally Posted by cuban335i

What's the point of paying for it cash up front? Even though it is just a suburban, it's msrp was still 58-59k (M3 price range). That's a stupid statement. We were going to put 20k down on top of our trade in, but since its a little christmas surprise for my dad, my mom didn't want to do that because he might find out somehow in the next 10 days that 20k is missing from one of his bank accounts. also, my parents don't like spending a lot of money on cars, they put their money into other things that they enjoy more.

+1 financing cars right now is a fantastic way to go, because money is literally free cuz of the economy. The great deal probably doesn't hurt either.

[Artmasterx]

Originally Posted by cuban335i

What's the point of paying for it cash up front? Even though it is just a suburban, it's msrp was still 58-59k (M3 price range). That's a stupid statement. We were going to put 20k down on top of our trade in, but since its a little christmas surprise for my dad, my mom didn't want to do that because he might find out somehow in the next 10 days that 20k is missing from one of his bank accounts. also, my parents don't like spending a lot of money on cars, they put their money into other things that they enjoy more.

I'll ignore the implication of the last comment that financing a car doesn't equate to spending money... you seem like bright guy and I am sure didn't mean that.

Financing = more liquidity (compared to straight up purchase). I certainly am a big fan of liquidity, and the banks have certainly shown us the perils of not having it over the past two years. To me, it's worth paying 3% to have the additional cash... 8% maybe not, but 3% yeah.

[cuban335i]

Originally Posted by stingray23

congrats. you got a great ride in the Suburban.

thanks bro!

Originally Posted by MikeyV

Jim you can't fit 7 in a Touareg, even five adults is stretching it, plus they have already bought a Surburban.

+1

Originally Posted by Coni

Looks like your family enjoys a bunch of great cars

Sounds like you got a great deal! The Suburban will be really nice to ride in, its really plushie inside, if that makes sense haha

+1 financing cars right now is a fantastic way to go, because money is literally free cuz of the economy. The great deal probably doesn't hurt either.

lol yea they do. Yea if if wasn't for such a good deal, we probably would have gone with the Q7, but we couldn't turn that deal down.

Originally Posted by Artmasterx

I'll ignore the implication of the last comment that financing a car doesn't equate to spending money... you seem like bright guy and I am sure didn't mean that.

Financing = more liquidity (compared to straight up purchase). I certainly am a big fan of liquidity, and the banks have certainly shown us the perils of not having it over the past two years. To me, it's worth paying 3% to have the additional cash... 8% maybe not, but 3% yeah.

And of course I know that when financing a car, you end up spending more in the long run, but it is definitely better to have more liquid assets than have all your money put into a big truck that can get crushed any time you take it out on the street. I guess I must have either written that statement poorly or you misunderstood it. and yea we got it for 2.9% financing.

[lyndon_h]

congrats on the purchase. Its hard to beat GM's for large SUVs. They are large, very reliable and can be optioned with every feature available (if you "need" those options).

[MisterSkiMask]

Another thing to consider with 100% finance, is if you have Gap Ins. and wreck it, you are out almost nothing.

[acnhdernegw]

oh no you need GL in the house

[freshwhite335]

As much as I love the GL and would buy one any day, for what the OP needed there really isn't anything better than a large GM SUV.