Type R owners are lucky. It's the first model to be released in the western market with a limited production of only 40k units worldwide, even luckier if you got one of those 1k limited editions. Resale value is one of the highest. This is literally a very special car to be coveted for years to come. It's much more valuable than most cars in its segment.
Great advice! I myself just got in contact with a local Honda dealer to say that I was interested in the 2023 type R and they asked me for a 500$ deposit which I did and they'll let me know when they have more news (Canada)
Great Info Sir.... Just went through this a month ago buying my wife's new 2022 X5 M... I made a few mistakes...No Joy!!!....But, it all worked out in the end...My money man said just pay the thing off immediately....Since BMW(Financed through BMW Financial)didn't have any hidden penalties to do so...Appreciate the great content Sir...Have a good one.
Nice video, I plan on grabbing a boost blue or sonic grey Type R soon. I’m kind of waiting on the 11th gen to see if I would rather have that but we’l see. Either way it’ll be a huge upgrade from my 10th gen Si
good informative video. Here is some feedback, white subtitles when your wearing a white shirt on top of white garage walls doesn't make for a good combination. i had to pause the video whenever your subtitles came up.
Question from a novice. Is it typical that a dealership will let you make larger payments on an in house loan? For either a new or used car? The obvious goal is to pay off the car as early as possible.
Well I wouldn’t say larger payments in general. A lot of factors come into consideration such as your current debts and income. Do you have good history? A credit union will consider things more on a personal basis and look at each situation differently. Banks typical run things through score algorithms and then it says yes or no. Dealerships sometimes are connected to a large variety Banks and Credit Unions which they take your information down and submit your application through several of them. They will usually present you the one with the best profit for them. That’s why if you say no they will go back and look at the list with better interest rates and keep going down until you agree. That’s why the financing can take longer but also why people feel it’s easier to get approved at the dealer and chances or getting a loan approved. It’s just they are the middleman is doing the legwork for you instead of visiting tons of banks yourself.
Question: if you buy your car out of state what hurdles do you have to go through to get it registered? I’m in SF, CA. I know Cali got the 50 state emissions thing.
For California. They will need a VIN inspection Filled out on a specific form. CHP office can schedule it but they’re usually weeks out. There are third party companies that can come to your home or business and do it. Then you will also need a smog. Even a brand new car will need smog. You’ll take those items along with title paperwork if you have it (sometimes it takes a few days and it’s sent directly to the DMV from out of state dealership) Bill of sale to the DMV. They will collect sales tax if it wasn’t already collected and registration fees and issue plates.
I went to me dealer. Put down $2000 to get on the list. When they called me 2 years later, I had saved the cash for the vehicle. Walked in, wrote a check and drive out. As I was writing the check, some D-bag put his child in the back seat and tried to buy it
