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Message
Myth about paying cash for cars
Posted on 8/6/14 at 4:41 pm
Posted on 8/6/14 at 4:41 pm
Why do buyers think that they are entitled to some drastic discount off of sticker price because they are paying cash? And I mean ENTITLED. Not like just trying to get a good deal.
Does everyone here realize that the dealership actually makes less money like that? They make more money financing cars, not selling them as cash deals.
I hope this clears some things up for a lot of people.
Does everyone here realize that the dealership actually makes less money like that? They make more money financing cars, not selling them as cash deals.
I hope this clears some things up for a lot of people.
43
Posted on 8/6/14 at 4:43 pm to alajones
duh
Posted on 8/6/14 at 4:43 pm to alajones
Because some dealerships will offer low interest rates on their financing but will just roll that into the cost of the vehicle.
Posted on 8/6/14 at 4:44 pm to alajones
Cash is king!
Posted on 8/6/14 at 4:44 pm to alajones
quote:
I hope this clears some things up for a lot of people.
Not really. It is all still thievery in one form or another.
Posted on 8/6/14 at 4:44 pm to alajones
quote:
Does everyone here realize that the dealership actually makes less money like that?
Do car salesman realize buyers don't give a frick about how much the dealership makes?
Posted on 8/6/14 at 4:44 pm to alajones
You mad bro?
Posted on 8/6/14 at 4:45 pm to Bigpoppat
quote:
buyers don't give a frick about how much the dealership makes
Posted on 8/6/14 at 4:46 pm to alajones
Thanks for clarity. Dirty, evil car dealers trying to make money. Debils!
Posted on 8/6/14 at 4:46 pm to alajones
my first concern when buying a car is making sure dealership makes max profits.
Posted on 8/6/14 at 4:46 pm to alajones
I would think $26500 in hand now is worth more than $29500 5 years from now.
Posted on 8/6/14 at 4:47 pm to Ton Chou
car dealerships dont want you to pay cash.. their money is made on interest
This post was edited on 8/6/14 at 4:48 pm
Posted on 8/6/14 at 4:47 pm to jrodLSUke
quote:
Because some dealerships will offer low interest rates on their financing but will just roll that into the cost of the vehicle.
true dat
Posted on 8/6/14 at 4:47 pm to alajones
You in car sales? Look at it this way, sales are about statistics right? Give the cash buyer a good deal and get him out of there. He is obviously ready to buy so get the deal done fast. Faster you get him a deal and get him out, the sooner the sucker you're looking for will walk into the door willing to pay a 23% finance rate.
Posted on 8/6/14 at 4:49 pm to alajones
quote:
Why do buyers think that they are entitled to some drastic discount off of sticker price because they are paying cash? And I mean ENTITLED. Not like just trying to get a good deal.
Does everyone here realize that the dealership actually makes less money like that? They make more money financing cars, not selling them as cash deals.
I hope this clears some things up for a lot of people.
1. If a buyer is not looking to get the max product for the minimum amount of investment possible then that buyer is an idiot.
2. As the buyer, I don't give a shite how much profit the dealer makes. If the dealer thinks the consumer cares or should care about this, then the dealer is an idiot.
Posted on 8/6/14 at 4:49 pm to oleyeller
I'm paying $700 to borrow $27500 of their money for 5 years right now. I would think they could invest $25 k and come out ahead on the deal.
Posted on 8/6/14 at 4:50 pm to Ton Chou
quote:
I would think $26500 in hand now is worth more than $29500 5 years from now.
You think the dealership gets your payment each month?
Posted on 8/6/14 at 4:51 pm to mouton
quote:
You think the dealership gets your payment each month?
Maybe he bought from one of those "buy here, pay here" places.
Posted on 8/6/14 at 4:52 pm to NewIberiaHaircut
I never hate on buyers for getting the best deal they can or shopping us. I get it. I just don't get someone thinking that "I'm paying cash today" means I insult them by not slashing the price thousands of dollars.
Posted on 8/6/14 at 4:53 pm to alajones
I'm O-T rich, bitch!!! I only deal with the sales manager. Not some piss ant salesman!
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