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Message
re: Paying cash for a new car
Posted on 8/28/13 at 10:49 am to sneakytiger
Posted on 8/28/13 at 10:49 am to sneakytiger
quote:
Well my thinking was if paying cash got me 10-15% back on the sale price it might be worth it.
Yea, that ain't happening. Why would they give you a discount to not make money on the backend?
1
Posted on 8/28/13 at 11:57 am to LNCHBOX
Paid cash for my last new truck ('06) but waited till after we agreed on price (when they started explaining finance options) to tell them.
Bought a new car for my daughter ('04) and when I said I wanted to pay cash they informed me I could save $5,000 financing through ford. I financed the minimum allowed and paid it off after the first statement.
You don't save anything but hassle paying cash.
I've found you can fly to Houston, buy a vehicle, drive back, and still save several thou over any local dealers (NO, BR, Cov, etc). They can't compete.
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