

The 4 Square |
Our software helps you save money. It will help you make the "right deal" and
keep your hard earned cash in your pocket. |


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The 4 square is the form that most car dealers use to negotiate with. It's
simplistic design fools a lot of car buyers into a false sense of security because
it appears non-threatening. |
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To provide you a better idea let's take a look at an example. See if you can
find the hidden profit below. Assume MSRP $ 27,900, and a credit score
of 650. |
Selling Price
Trade
Allowance |
Down Payment
Monthly
Payments |
$28,300 |
N/A |
$ 4,600 |
$ 550 - 575 |
Okay the obvious profit is in the above MSRP price. But is there any more profit
in the deal? If so, how much and where is it? |
Assume that the new car has an invoice of $ 25,500. With a credit score of
650 the car buyer qualifies for a competitive auto loan currently about 6%.
So is it a fair deal? Let's see: |
You should pay about $ 26,000 for the car. With a 6% loan at 60 months your
payments should be about $ 455 a month after putting $ 4,600 down. |
The trick is to know invoice, your credit score, and how to calculate your bottom
line. Additionally you'll need to know your term on the new loan.
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Need a little help making your car deal? Take a look at our sample reports: The Purchase Order | The Installment Contract. Our members enjoy simply
pointing and clicking their way to great deals. |