Well, those 86,500 Dodge Rewards Visa Points I accumulated since 2004 mostly modifying my Neon SRT-4 certainly worked out well for me.
Those 86,500 points worked out to be worth $850.
So the total price of $21,986 (including fees) for the black CSRT originally computed to a payment of $435.24
but subtracting $850 from that for the Dodge Rewards Visa Points reduced the balance financed to $21,131
which computes to a payment of $418.31
I know it's only a $16.93 difference
but somehow $418 seems alot better than the previous payment of $435
and since I'm running a Ponzi scheme here
$16.93 per month over 60 months just happens to compute to an astonishing $1015.80 !!!
So I get the value of the points back again...and more!
Also, I ran an "upside down" check and even with 20% instant depreciation, this deal is so good, the loan is never upside down, even during the first month.
All of a sudden, I feel like maybe I'm pretty good at high finance! :bigthumb
