re: Buying a car with cash

I believe dealers have similar cash disclosure rules for money laundering as banks. Above a certain amount they have to file a report.

long but this is how i work the deal ...
i have done this at least six times...

Does paying with cash impact my leverage when negotiating the price?

as op said no it actually hurts because they want the financing....

so here is what you do..... it works and it is how i always have bought my cars once i was able to pay cash..

go in and negotiate a price....if trading in now us the time to work that in also...they play a game and will give you more for your trade in but knock less off the msrp or the opposite game depending on how they see you leaning.

once done with that work the discounts: loyalty discount, military, first responder...

now work the discount for using their financing....do not tell them you are paying cash....check the contract to make sure no prepayment penalty.!!!!!!!!.....

buy the car and at the end look at the finance guy and be honest...say you know i am going to pay this off very early is there something i can do to make sure i do not po the finance guys ... the dealearship does not own the cars....the finance company does...better dealerships get better deals and vehicles

all about moving the product...which really is not the car but the loan...

at the end the finance guy usually asked if i would do a courtesy wait of two months before paying off so i would not create a red flag at the finance company...

yeah you give them two months of interest so factor that into your price