Yes, this is good advice. I should have followed that, but all in all it worked out alright for me. I didn't put no $20k down on mine, Jesus hell haha. That's like a house downpayment LOL. But badass all the same to have done that. I had $4k down, but I kind of dumbassed my way through pure luck by not divulging that. I did tell him what I owed on my trade-in car before anything was offered and then was expecting him to offer me exactly what I needed to pay that loan off. He gave me $2k more to work with, and it was exactly what I had looked up what my car ought to bluebook for trade-in value. Then it occurred to me that I hadn't even let him in on the fact that I had money already to put down. I'd expected them to try to lowball me for only the loan payoff and that I'd have to haggle my way up to bluebook, but because he didn't ask if I was putting money down and I didn't divulge that until a price was offered for my '06. I'm pretty sure if he knew that I already had some funds to put down first before we discussed my trade-in, I'd have gotten lowballed below bluebook.
Not necessarily so. I bought a new 16 GT a few weeks and sold my old GT to a private party. I wrote up a hill of sale for the old GT that showed the sales price and they took that amount off my new GT when I paid taxes on it last week. Saved me about $1000 in taxes.
This. This is why there's such a high ADM right now. The base GT350 with no options is under 50K US dollars, yet it's the same power plant as the higher spec'd R (obviously there's the difference in weight, aero, suspension). But same power plant.