re: Who is the national market for $80k suv's?

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but I goddam guarantee you that if you were a buyer, and negotiated a sales price to purchase the vehicle at 80k for 0% financing over 4-5 years, you could then go back to the dealer and say "actually, I can pay all cash upfront, but I'd like to negotiate a lower purchasing price," the dealer would listen. They have the same basic understanding of the time value of money as you do.

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Um. No

Oddly enough, dealers are rewarded by the manufacturer for financing, even at 0%.(keep in mind, the dealer isn't issuing the financing". Many people think being a cash buyer makes you more attractive to new car dealers. This is false. Yes. I'm aware this goes against what most people have been told. Like so many things, most people have been told wrong.

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Not sure I understand your point here - if they had financed the home with a traditional mortgage, they'd still be 260k underwater on the home.

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Well, if you HAVE the 500K cash, it can still work for you. If the seller has your 500K, it cannot.

Yeah, you're underwater in the home, but you still have $260K you can deploy.