Houston Texas Honda dealer

Q: My Houston Texas Honda dealer is offering an option between 0% financing and a three thousand dollar rebate on the car I want, but I can only choose one of those. Which should I pick.

A: I bought a Honda Accord a couple of months ago from a Houston Texas Honda dealer, so I’ll just tell you how I saved. Maybe it was the same Houston Texas Honda dealer, too, because I was also given the choice between 0% APR and the three thousand dollar rebate.

Anyway, the MSRP of my 2007 Honda Accord was $19,287. I haggled with the Houston Texas Honda dealer to get the price down to $17,287, and then I chose 0% financing. My monthly payment to the Houston Texas Honda dealer is $288 each month, and so in the end I’ll end up having paid $17,287.20–which is only twenty cents more than what I bought the car for.

A: I did kind of the same thing. I got a Honda Accord from my Houston Texas Honda dealer, but I chose the rebate. My APR was much higher than the other poster’s, 4.9%. In the end, though, all I ended up paying was $15,938.