Posted on May 29, 2016
Do Air Force Academy Seniors Still Buy Brand-New Cars To Keep On Campus?
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Retired Army Col. John Cole bought, back in 1977 ,a 1977 Corvette Stingray that was supposed to go to a Senior at the Air Force Academy. He got a deal because the Senior cancelled his order and luckily Col. Cole was stationed at Fort Carson. I am not sure if this trend or tradition continues to this day. Does this also happen at other schools like the USMA?
Edited >1 y ago
Posted >1 y ago
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First Class (senior) year was the first year that Midshipmen could have a vehicle within overnight liberty limits. Lending institutions knew that and would offer low-interest loans that most used to buy cars. The Midshipmen would form buying blocks. When you walk into a dealership and say "I've got a list of 200+ Midshipmen that already have arranged financing and we're all buying Dodges" you command a lot of attention. We we're buying cars at 25%-30% off MSRP.
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LTC (Join to see) Apologies, no relevant knowledge on Academy car purchases. I came through the NROTC pipeline, although USAA's career starter loan was open to us ROTC commissionees in 2007 as well. Great program, they bought themselves a customer for at least 9 years.
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