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re: Myth about paying cash for cars
Posted on 8/8/14 at 11:20 am to seeLSUrun
Posted on 8/8/14 at 11:20 am to seeLSUrun
Nah, everything was good enough for them to wash it and stick it on the lot. Nothing wrong with the paint, interior, or mechanically. Everything worked on it, never been wrecked, no stains or torn driver's seat leather, and tires had about 10,000 miles. Fwiw, it was an 05 Tahoe Z71 with 135,000 miles. Pretty basic sale on that. I just sold it for $9k because I needed the money to buy another truck quickly.
This post was edited on 8/8/14 at 11:22 am
1
Posted on 8/8/14 at 11:29 am to Hammertime
Quickly huh? Mwahahaha
But seriously, let any information you receive during the buying process sink in before making a decision.
But seriously, let any information you receive during the buying process sink in before making a decision.
Posted on 8/8/14 at 11:35 am to seeLSUrun
I plan on heading out with cash today and buying a truck within an hour. The guy has it priced well, and I can respect that. He doesn't need to budge and I'll still buy it.
I just wish the mf'er would call me back soon. I can't stop playing with this fat stack of hunnys
I just wish the mf'er would call me back soon. I can't stop playing with this fat stack of hunnys
Posted on 8/8/14 at 11:37 am to Hammertime
Come pick me up and I'll negotiate for you. Give me either $75 or the equivalent of that in handjobs (value per HJ at my discretion)
ETA: I bet you I can devalue his truck at least $500 in 5 minutes. The infamous silent walk around has destroyed many a value. But it's awesome that you are happy with the price, that's the key as a customer. If you believe you got a good deal then you did
ETA: I bet you I can devalue his truck at least $500 in 5 minutes. The infamous silent walk around has destroyed many a value. But it's awesome that you are happy with the price, that's the key as a customer. If you believe you got a good deal then you did
This post was edited on 8/8/14 at 11:40 am
Posted on 8/8/14 at 11:42 am to seeLSUrun
Eh, I might try for $500, but if he knows what he has, he won't budge. I am not gonna do the whole haggling thing over $500. #1 I don't doing like it, and #2 it is priced well
You want a hand job from a dude?
You want a hand job from a dude?
Posted on 8/8/14 at 11:44 am to Hammertime
quote:
You want a hand job from a dude?
Maybe he's been hanging around a bunch of Aggies.
Posted on 8/8/14 at 11:45 am to Hammertime
quote:
Eh, I might try for $500, but if he knows what he has, he won't budge. I am not gonna do the whole haggling thing over $500. #1 I don't doing like it, and #2 it is priced well
There's a few ultimate truths in sales, one is "if you don't ask you won't get it"
If he says no, he says no. It doesn't hurt to walk around, touch any scratches (if you can feel it with you thumbnail it can't be buffed out) check tire treads, if they match, etc.
Posted on 8/8/14 at 11:48 am to seeLSUrun
Like I said though, if he knows what he has, he won't budge. I am gonna throw $13k cash at him and see what happens, but I wouldn't have a bit of trouble adding 5 more hundreds to that stack.
Posted on 8/8/14 at 12:02 pm to Hammertime
Is it a private seller?
Posted on 8/8/14 at 12:16 pm to seeLSUrun
Yeah, I'm pretty much done fricking with dealerships. They are way too proud of their used cars and don't budge much at all. They also won't give you shite on a trade.
Buying/selling to an individual is just so much easier than with a dealership. It's just title, cash, and drive away
Buying/selling to an individual is just so much easier than with a dealership. It's just title, cash, and drive away
Posted on 8/8/14 at 12:19 pm to alajones
I paid close to $20,000 in cash for mine, no problems on either side.
Posted on 8/8/14 at 12:30 pm to swanny297
quote:
I prefer to use someone elses money at a low interest rate, and let mine sit and earn..especially at 0% for 60mnths...
Bad thought process. You're a salesman's dream client.
Posted on 8/8/14 at 12:34 pm to Supermoto Tiger
quote:
Bad thought process
So you're saying it is not smart to refrain from paying cash in full on a new vehicle and instead get 5 years 0% loan and pay monthly while keeping your cash invested during the loan?
Posted on 8/8/14 at 12:34 pm to Supermoto Tiger
quote:
Bad thought process. You're a salesman's dream client.
How is it a bad thought process, and what does the salesmen gain from that?
Posted on 8/8/14 at 12:37 pm to jose canseco
Zero percent loans are free money. Why the hell wouldn't you do that?
Posted on 8/8/14 at 12:46 pm to alajones
Fwiw the last 3 vehicles ive bought I paid cash. Each time they gave me a price. Each time I said "get me out the door at x amount and ill write a check right now. Each time they got me out the door at that price.
I agree they'd rather finance bc they make more in the long run. But I've never met a single one that turned down cash on the spot for less than they were asking.
I agree they'd rather finance bc they make more in the long run. But I've never met a single one that turned down cash on the spot for less than they were asking.
Posted on 8/8/14 at 12:46 pm to DownshiftAndFloorIt
quote:
Zero percent loans are free money
Im happy our dealership never offers this...and I can tell you why.
Zero percent loans, free money, is just false. You're paying interest; its just not shown.
What I dislike about our process is it's so straight forward...the customer usually thinks there's more to it. Many customer have come out of finance very surprised there were no hidden fees and or added fees. Its simple...show them everything up front, and you'll never have an issue. So yes, I do agree that some dealerships give the rest of us a very bad name (there is a local dealer that throws in an 800.00 convenience fee
) Posted on 8/8/14 at 12:47 pm to Coach Guidry
Is negotiating over email a possible tactic?
I am just worried that I will do that, then drive 200+ out to wherever the dealer is and they change the price on me when I get there after driving that distance.
I am just worried that I will do that, then drive 200+ out to wherever the dealer is and they change the price on me when I get there after driving that distance.
Posted on 8/8/14 at 12:49 pm to goldennugget
quote:
goldennugget
Very simple. Print out the emails. If numbers change upon arrival; tell them you expect them to honor it.
Now when doing emails...please ensure they are including everything. Most internet sales numbers are low prices to get you into the door.
Posted on 8/8/14 at 12:51 pm to Coach Guidry
quote:
I agree they'd rather finance bc they make more in the long run
While this is true...any dealer focused on the long run won't be there for the long run.
This business is a NOW business. You have cash in hand, ready to buy, then lets do it.
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