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Well i am to be a new 5th gen owner.. check out how much the dealer is giving me

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Old 05-05-2003, 08:50 PM
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Well i am to be a new 5th gen owner.. check out how much the dealer is giving me

hey guys:

my car is in the process of being sold. i took it to a nearby dealer and he looked at the car and gave me this awsome price:

$13,500!!!

this is an awsome price considering how much is wrong with my car. and on top of that price he said he would take off my ayb agx struts and springs, and my rsb for no extra charge. so i can sell those on here or ebay! so that brings it up to about 14,000, and then once i take my intake off i will sell it for about $150 (apexi and fcp) and then he told me to get some money back from the body shop i took it to because they did a bad job fixing it because the bondo is craking already. so all in all i will get approx $14,250!!! that is awsome! here are the things wrong:

big crack in windsheild
rear passenger door opens/closes rough
alot of rattles from trunk
check engine light on
drive selector park sensor is bad (i said it was fail safe for my aftermarket alarm)
and wear in the leather seats.

so after all that i still got the price! is that sweet or what?! so now he is looking for a 2001 maxima 20th anna. fully loaded, 5spd, in either black or majestic blue. oh i can't wait. i really hope he finds it in blue, but it is so rare so i don't think so. well thats my story!

Chris
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Old 05-05-2003, 08:52 PM
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opps

lol, opps i forgot to tell you what car i have..

98 maxima
black w/ grey leather
fully loaded even with passener side airbags
rims/perfomance tires
65,000 miles
auto tranny
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Old 05-05-2003, 09:03 PM
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where is this dealership i might take a ride there
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Old 05-05-2003, 09:13 PM
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Originally posted by 97MaximaSE
where is this dealership i might take a ride there
it is in johnston, Rhode Island
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Old 05-06-2003, 06:23 AM
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it will only be a good trade in when you know the price of the new purchase. there are two sides of the dealer spectrum.
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Old 05-06-2003, 06:46 AM
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hey man, we need to talk. I'm up in Boston area but my folks are in Johnston and I come down on the weekends. I may be interested in some of your parts (no Ebay hassles or shipping). Unless I visit the same dealership and he gives me that much for my car...hahaha.
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Old 05-06-2003, 07:31 AM
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i wouldn't get your hopes up too high until you sign the papers.

for any dealer to give anything close to $13,500 on a trade in for a 98 maxima has to be shady to say the least. hopefully it works out for yout though.
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Old 05-06-2003, 03:57 PM
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i hear ya.. i was offered 3 thousand for my 97 with 112k miles....ask the dealership if they will give me 10k and i will drive there and buy a new car

Originally posted by bgod
i wouldn't get your hopes up too high until you sign the papers.

for any dealer to give anything close to $13,500 on a trade in for a 98 maxima has to be shady to say the least. hopefully it works out for yout though.
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Old 05-06-2003, 05:10 PM
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Originally posted by bgod
i wouldn't get your hopes up too high until you sign the papers.

for any dealer to give anything close to $13,500 on a trade in for a 98 maxima has to be shady to say the least. hopefully it works out for yout though.

well the dealer is very popular and is well known in RI. i was shocked as heck when i heard how much he was giving me, but i played it off that i was alittle upset because i payed "$15,000" for it. i really payed 10,500, but what is a little white lie. but i made him write down his price for my car, and sign it. also i made him sign where he would take my parts off for free. so i think i coved my bases pretty well. hopefully it will go according to plan in next few weeks.

chris
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Old 05-06-2003, 05:34 PM
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Take the money and run! Oh, and tell them I will be driving my wifes 98 GLE in good condition over this weekend. $13,500. wow!
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Old 05-06-2003, 05:37 PM
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Which dealership in Johnston? Are you sure your not paying too much for the new car?
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Old 05-06-2003, 06:18 PM
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yeah they are sometimes desperate to sell cars, especially lately. i went to the dealer just to drive the '02 6spd for fun. i was not even thinking about buying one but I told them I would trade in my Max. They looked it up in the book and it said my car was worth like 6 grand for trade in. I said I needed at least 10k for it. Dude brought his manager over and said ok we'll give you 10k. i was like NO ****!
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Old 05-06-2003, 06:39 PM
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There is no way you are getting $13,500 for your trade, retail isnt even that high. This guy would have to be a moron to buy your car for more then 9 grand. It costs money to refurb a car and resell it, I know I work for a lexus dealership and maxes get traded in all the time. Hell we traded in a 2002 SE with 30k miles last week for 13k, theres no way your getting 13,500 for a 98.
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Old 05-06-2003, 07:12 PM
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Originally posted by kxmike
Which dealership in Johnston? Are you sure your not paying too much for the new car?
no, i told them i am not going to pay any more then 20,000 and they said that would not be a problem. so maybe i just got lucky. i mean he even told me he is giving me an awsome deal by offering me that much for the car, especialy seeing how much he has to do to fix the minor problems. so i don't know... if i have the price in writing, he can't go lower can he?
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Old 05-06-2003, 07:35 PM
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no, but he can tack on the extra money hes "losing" onto the price of the new car. Seriously man, you wont get 13,500 for your car. When it comes to cars, usually a deal that sounds to good to be true...usually is...



Eric
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Old 05-06-2003, 08:21 PM
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you guys are wrong. he could get that money for his car. dealers are desperate right now.
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Old 05-06-2003, 08:54 PM
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Originally posted by luckee2bhere
you guys are wrong. he could get that money for his car. dealers are desperate right now.
desperate for...a 6 year old car...or soon to be 6...two generations old...? please explain...I'm by that comment
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Old 05-07-2003, 05:38 AM
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Originally posted by nupe500


desperate for...a 6 year old car...or soon to be 6...two generations old...? please explain...I'm by that comment
ive talked to alot of people. heres the deal. we all know its about turnover in their business and we all know that the 4th gen is a great car. People dont care that its the old model. The 4th gen has such a good reputation. I was told and I quote,"People love those cars. I would have no problem selling it," by the dealer. Thats why they can afford to not make a huge profit on his car because they will make money off him from the 5th gen.
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Old 05-07-2003, 06:24 AM
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ok...Sometimes dealers are able to SHOW you more money for the trade.I do work for a Honda dealership in sales,so there may be a chance that the numbers may be real.The main problem is here that there is no car to be bought here...The blue Maxima is not on the lot yet.Now,your salesman may be able to locate some leases turn in,that he may get for you,but sometimes the turn in value is not good( too high to make a profit,so the car goes back to the lease company).When they get the right car,the selling price may be very high due to "trade in value showed". I hope ,that the deal goes in your favor,but remember that those guys are there to make some kind of profit.Good luck with your numbers.
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Old 05-07-2003, 06:55 AM
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luck2bhere, sorry but you're way off. dealers are desperate, definitely these days. however, they're not desperate to lose money. any sane salesmen would know that turning around a 98 maxima on a $13,500 trade in for any profit is almost hopeless.

you do realize that 5th gen. maximas are selling at dealers right now for close to that price. 2000-2001
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Old 05-07-2003, 11:19 AM
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Originally posted by bgod
luck2bhere, sorry but you're way off. dealers are desperate, definitely these days. however, they're not desperate to lose money. any sane salesmen would know that turning around a 98 maxima on a $13,500 trade in for any profit is almost hopeless.

you do realize that 5th gen. maximas are selling at dealers right now for close to that price. 2000-2001
man i dont think too many people know what a car SHOULD be worth better than me. i know its alot of money for that car. no ****. i would be happy if i could get 10k for my car right now and its mint. 1998 SE 95k miles.

if i am wrong then the dealer i talked to was making **** up
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Old 05-07-2003, 01:00 PM
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dude...Dealers are not desperate to sell a car that is NOT on the ground.Many times they are not desperate to sell one that s On the ground. I hope that our guy (maxima.org member)gets the deal for those figures. Remember that a car dealership is not a charity organisation. Now take in consideration that the dealer is going to take the aftermarket suspension off,and install the stock one.Who s going to pay for that?I don t thing that the salesman go in the shop and do it himself(no matter how desperate he may be)or pay $ 65/hr. to be off. The car to be sold (the blue one )is going to have astronomical figures...or the dealer would get out the deal because the simple reason that they didn t find the right car.
I bought a 99 Gxe 5 speed for 9 k in New Brunswick with 37k.I had to travel 3 hrs but I got it and is great.There is a difference here.
Again,I hope that the figures are rea for our friend. Good luck.
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Old 05-07-2003, 01:22 PM
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OK, let's say the car is worth $10k. Even if the dealer tacks $3k to the price of the new one, he still makes out. Chris, it does sound a little shady. Be careful, make sure this guy is better than the last dealer. BTW, you still haven't said what dealer it is.
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Old 05-07-2003, 05:40 PM
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To note, what really counts, is when you're on the that final signing block. I've seen cars being sold, and the salesman/manager/Mr. Nissan himself promise such and such figures, but the final bill of sale didn't reflect what was being said. When it comes down to that final bill of sale, watch the numbers...and immediately stop if you find a number off. It does happen. Even an extra thousand being tacked on isn't unusual. The numbers count on the final bill of sale. I guess for most yuppies buying a car on credit, what's an extra thousand? Though I guess if you buy cars in cash...then a thousand does friggin count.
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Old 05-07-2003, 07:32 PM
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Originally posted by erty67
OK, let's say the car is worth $10k. Even if the dealer tacks $3k to the price of the new one, he still makes out. Chris, it does sound a little shady. Be careful, make sure this guy is better than the last dealer. BTW, you still haven't said what dealer it is.
the dealer is well known ed, thank god! lol, i don't think this transaction will be anything like my last one, or i will kill him. but the name of the dealer is called shannon motors and it is not a little hole in the wall operation. yay! but i don't think he is going to screew me, but i could be wrong.

everyone is so neg. about this! i guess i can understand why, but maybe my luck is turning around finally. i think i deserve it... it have had it pretty rough in the 7 months. ed can vouch for that! well i will let you all know what is going on as soon as i buy the car. i might even hop into the new car as early as the weekend... probably not though.

i told the guy if they do not have the blue maxima, then i will settle for a black one. i just wanted to be diffrent and have the majestic blue. plus i really like the color.

Chris
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Old 05-07-2003, 07:46 PM
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Originally posted by Blkmax95c


the dealer is well known ed, thank god! lol, i don't think this transaction will be anything like my last one, or i will kill him. but the name of the dealer is called shannon motors and it is not a little hole in the wall operation. yay! but i don't think he is going to screew me, but i could be wrong.
I've heard of them....usually good things Still watch out though. Buy here/Pay here places are known for sneaking in a little extra $$$.


everyone is so neg. about this! i guess i can understand why, but maybe my luck is turning around finally. i think i deserve it... it have had it pretty rough in the 7 months. ed can vouch for that!



i told the guy if they do not have the blue maxima, then i will settle for a black one. i just wanted to be diffrent and have the majestic blue. plus i really like the color.

Chris
Nothing wrong with black Good luck! hopefully, you'll have better luck with this one than you have had with the one you have right now.
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Old 05-07-2003, 08:10 PM
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He is definitely adding on the price of the new car. That old bait and switch is such an ugly tactic. I used to work at a Toyota dealership in Alabama that was world-famous for it, especially when they'd have those whacky sales with this guy called the "Slasher." I bought my 99 GXE auto from a Dodge place for 12000 with only 39,000 this January, so I have trouble believing your 98 is worth that kind of money.
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Old 05-07-2003, 08:27 PM
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I will bring my 96 up there..maybe they will give me 11 grand...ahem..
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Old 05-09-2003, 01:46 PM
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well i am also leaving on my rims and almost a $1000 worth of tires. so maybe that is also a reason why he is offering me that much. i went in there the people that were buying/looking at cars were mostly kids 18-25. so i think he would have no problem selling my car for a little higher price. well thats just my 2 cents.

Chris
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Old 05-10-2003, 01:46 AM
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sorry to burst your bubble cuz- but the guy is BSing you! im just trying to help you here. i'd never step foot in another deal with this sheisty guy.

don't get your hopes up. likes others have stated, it's the old bait and switch, the AE will cost you your right nut, etc.

most likely he is setting you up for a new car sale (or an overpriced used one). the rims, tires, etc mean jack to dealers. your car will most likely go to auction anyways. your car, no offense, sounds like a bucket (in their eye). riced cars are difficult to sell and downgrade the dealership.

if someone tells you dealers are desperate- they have NO CLUE! why the f*ck would they want to loose money.

go to edmunds.com and check out their 'car buying ' section. articles like "life as a salesman" will open your eyes at least a little to the dirty business of car sales.

carbuyingtips.com is also a must read.
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Old 05-10-2003, 05:13 AM
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Ok guys....in Chris' defense, his car is in nice shape and it is not "riced" out. I know of this dealer, and they would probably sell his car, just at another lot. They have three lots around the state. As for getting raped on the price of the AE, it will probably be a little higher in price than it would be at another dealer.


Chris,
As long as they find you what you are looking for and the overall balance in price is good, go for it. Just be careful of what others have mentioned. The secret IS to raise the trade-in price to suck you into dealing with them. A dealer like Shannon Motors knows what your car is worth. They will probably put it on one of their lots for the $13.5k they offered you, and sell it to a kid w/ no credit. Just make sure that you don't get caught up the price. Watch out for what you'll be financing and make sure the $ adds up the way it should. Also, do a carfax on whatever they find you. Buy here/payhere places are good for selling cars that have been in accidents. Good luck
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Old 05-10-2003, 05:38 AM
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Just like others have said, the dealer will make it up in the car sale. My dad has a 87 Accord that's probably worth $300-$400 but a dealer told him $2000 as a trade-in (my mom was like trade it in now but I told my dad no =P). The prices on their used cars were like $3000 over their value.

My dad wanted a truck and they said $6000 plus $2000 trade-in so $4000 final. That truck was probably worth $2500-$3000 so they were probably making $1000-$1500 on the truck plus the Accord. The funny part was that they wouldnt go down on the price of the truck when we went in to negotiate.

If we would have said that we didnt have a trade-in, they would've went down to like $4000 and we would end up with 2 cars instead of one =P We didnt buy it - my dad's going to sell it near the end of this year.

- Jatan
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Old 05-10-2003, 09:12 AM
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When the 2k3's came out, I went down to the dealer to look at them.

They offered me $15k for my GXE Auto, and said I could remove all my mods before I brought it in, as long as I still have all the OEM Equipment. (Which I do)

So I was all psyched. I said "OK then, let's look at the 2k3's!"

They said "Sure!, and we'll give it to you at our "Costco value price" ($100 over invoice). I was thinking "WOW! This is awesome!"

So they put the numbers together and came back for a 2k3 with 18 miles on it, black on black SE for $29,900!!!

I was like
"WTF!? You said $100 over invoice"
They said
"That is invoice"
I said
"OK, let me see the invoice"
They said
"Sorry, our computers are down right now"

So I said no and left.

I called another dealership that day and talked to their fleet manager who I had met on a personal level at a previous time, and who knew I knew my stuff and couldn't be lied to.

I asked what the invoice price on the same car is. He said "$23,500".....

Moral of the story:
Dealerships suck.
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Old 05-10-2003, 09:37 AM
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Originally posted by MaxAppeal
sorry to burst your bubble cuz- but the guy is BSing you! im just trying to help you here. i'd never step foot in another deal with this sheisty guy.

don't get your hopes up. likes others have stated, it's the old bait and switch, the AE will cost you your right nut, etc.

most likely he is setting you up for a new car sale (or an overpriced used one). the rims, tires, etc mean jack to dealers. your car will most likely go to auction anyways. your car, no offense, sounds like a bucket (in their eye). riced cars are difficult to sell and downgrade the dealership.

if someone tells you dealers are desperate- they have NO CLUE! why the f*ck would they want to loose money.

go to edmunds.com and check out their 'car buying ' section. articles like "life as a salesman" will open your eyes at least a little to the dirty business of car sales.


carbuyingtips.com is also a must read.
I agree My uncle is a new car salesmen at a big delership down here " colonial nissan" they are scum... " the dealership,uh my uncle needs the money", I've seen all the **** they pull,, be careful guy!
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Old 05-10-2003, 11:57 AM
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Not too sure if they do this in the U.S. but in Canada, if you trade in your car...say $10 000 and buy a $20 000 car. The Taxes on the New car will only be applied to $10 000, as taxes on the old car has been paid.

That way if a dealer is giving you 2000 above what you think you should get, you will save the taxes on that amount. May help offset the bump up in cost of the new car. Makes sense?
 
Old 05-10-2003, 05:13 PM
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we do that at my dealership all the time, they say they want more for their car and we just add that on to the final price, most of the time.
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Old 05-10-2003, 08:59 PM
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Originally posted by MaxAppeal
sorry to burst your bubble cuz- but the guy is BSing you! im just trying to help you here. i'd never step foot in another deal with this sheisty guy.

don't get your hopes up. likes others have stated, it's the old bait and switch, the AE will cost you your right nut, etc.

most likely he is setting you up for a new car sale (or an overpriced used one). the rims, tires, etc mean jack to dealers. your car will most likely go to auction anyways. your car, no offense, sounds like a bucket (in their eye). riced cars are difficult to sell and downgrade the dealership.

if someone tells you dealers are desperate- they have NO CLUE! why the f*ck would they want to loose money.

go to edmunds.com and check out their 'car buying ' section. articles like "life as a salesman" will open your eyes at least a little to the dirty business of car sales.

carbuyingtips.com is also a must read.
The Edmunds.com article is cool. thanks for pointing it out.
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Old 05-12-2003, 10:12 AM
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Originally posted by joaquink


The Edmunds.com article is cool. thanks for pointing it out.
yeah, this article is pretty cool and informative, but way to long. it is like a feakin book. but i don't think that all dealerships are like that are they? maybe i am just nieve. oh well, i just hope it turns out for the best.

Chris
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