newbie girl with questions-long post

[a6pk2go]

Originally Posted by mwaussie

Thanks for all the replies everyone. Of course answers always lead to more questions. My boyfriend used to work at Henna as a service advisor so I'm hoping I can get some insider tips there. I'm not afraid to crawl around under the hood of a car, so I usually do pretty well dealing with the occasional dork who wants to pull one over on me because I'm a girl. I'll still be dragging my boyfriend along as backup though.
I'm still a little ditzy on the trade-in thing. KBB says my cars value is about 29k. I'm assuming GM will credit that towards the price of the camaro. But I still owe 18k on my infiniti. So how is the financing on my infiniti resolved?
I saw there is an option to ad a subwoofer. I have a 12 inch punch and alpine amp in my infiniti that I love. Does the upgraded stereo package with the 2SS include a sub?
Any feedback on dealerships in Houston or San Antonio? Is there anywhere that I could actually see a camaro besides an auto show?
As far as allocation...Is there a waiting list if all the cars have already been ordered?
Thanks everyone!

Dealers are supposed to be getting a V6 at their dealerships next month. You may need to talk to your local people to see when/if they know when they should be getting them in. I would think most of the dealers would be able to get them by the middle of the month or just a little later. More and more are showing up on the roads so you never know unless you ask.

Good Luck!!!

If you don't already have a dealer and don't mind driving to Grapevine, TX which is just up the road from you I HIGHLY RECOMMEND CLASSIC CHEVROLET .......just ask for Mike or Erik. They do close at 7PM during the week though.

[roadie2991]

Originally Posted by mwaussie

I'm still a little ditzy on the trade-in thing. KBB says my cars value is about 29k. I'm assuming GM will credit that towards the price of the camaro. But I still owe 18k on my infiniti. So how is the financing on my infiniti resolved?

Assuming that the 29k is trade-in value, then they would pay off your 18k balance on the Infiniti and show 11k towards the Camaro. The sales tax would be based on the Camaro price (approx. 36k) minus 11k = 25k.

36,000 - 11,000 = 25,000 x .0825 = Est. Sales Tax of $2,062.50
Amount to finance: 25,000 + 2,062.50 = $27,062.50 + title & registration fees

I did a few calculations on kbb for you and it looks like you could come out about $1,800 better if you sell it yourself. But you would pay about $900 more in sales tax for a net gain of $900. However, under the economic stimulus bill you would gain some additional value in the deductibility of sales tax on auto purchases. You would have to talk to an accountant to determine exactly how much that would translate into.

Hope this helps!

[demian_ls1]

Just remember KBB is a guide and only gives you an idea of the value of your vehicle.

I usually find KBB and Edmunds at "Excellent" is usually 1000-1500 dollars higher than the actual value.

Make sure you select "Trade-In" value...

I don't know what year your g35 is but I'm not sure it's worth 29k.

The Dealer can help you with your payoff on your Infiniti and use the rest toward the purchase of the Camaro.

You can get a bit more money trying to sell the car on your own but keep this in mind... It is a huge pain in the ass!