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re: There is no such thing as a cash price at a car dealership

Posted on 6/18/22 at 12:53 pm to
Posted by Scruffy
Kansas City
Member since Jul 2011
72193 posts
Posted on 6/18/22 at 12:53 pm to
quote:

I guess what OP is saying then is to finance and get the “better” price and then pay it off early if you have the cash
Yep.

That’s Scruffy’s plan.
Posted by Scruffy
Kansas City
Member since Jul 2011
72193 posts
Posted on 6/18/22 at 12:54 pm to
quote:

No, you likely lost money.
Explain the math here.

I hate car shopping.
This post was edited on 6/18/22 at 12:55 pm
Posted by ThatTahoeOverThere
Member since Nov 2021
3644 posts
Posted on 6/18/22 at 12:54 pm to
quote:

quote:
Houses usually go up in value and autos go down. House is an investment, a car black hole.



It's also hard to pay for a house without having a car in most of this country.

So your point?


No. Your point?
Posted by calcotron
Member since Nov 2007
8314 posts
Posted on 6/18/22 at 12:54 pm to
Why don't you cut the usury BS and take my cash so I don't have to sit in your shitty office smelling your nasty cigarette reeking hair and clothes for 3 hours while the guy who can't get a job at a real bank finds places to sneak fees in because my credit is too good for you to make any money off me. And take your damn dealer markings off my shite, you want me to advertise you can pay me.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 12:55 pm to
quote:

Explain the math here


Time value of money, really simple.


And that's before we talk about any incentive as the dealership, which you will almost certainly lose by paying cash.
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
5130 posts
Posted on 6/18/22 at 12:56 pm to
I pay cash at dealerships just to piss y’all off. It’s cheap entertainment for me.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 12:56 pm to
quote:

Why don't you cut the usury BS and take my cash so I don't have to sit in your shitty office smelling your nasty cigarette reeking hair and clothes


Don't go to a buy today pay tomorrow used car lot
Posted by ThatTahoeOverThere
Member since Nov 2021
3644 posts
Posted on 6/18/22 at 12:57 pm to
Not on the selling price. People want money off the selling price because they're paying cash.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63225 posts
Posted on 6/18/22 at 12:57 pm to
quote:

Time value of money, really simple.



That's not trending in a way that proves your point right now.

Also, do yall discuss payment methods with the dealer before you agree on a price? Why would you do that?
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 6/18/22 at 12:57 pm to
How do you view folks who leverage one dealership against the other via email, regarding price?
This post was edited on 6/18/22 at 12:58 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 12:57 pm to
quote:

I pay cash at dealerships just to piss y’all off. It’s cheap entertainment for me.


It's actually not cheap at all.

But you're lying so it doesn't matter
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 12:57 pm to
quote:

That's not trending in a way that proves your point right now.


He specifically said 3%.
Posted by ThatTahoeOverThere
Member since Nov 2021
3644 posts
Posted on 6/18/22 at 12:58 pm to
The only one you piss off is the finance manager. I could care less.
Posted by DeltaTigerDelta
Member since Jan 2017
11351 posts
Posted on 6/18/22 at 1:00 pm to
quote:

Houses usually go up in value


So if you pay a lower cash price instead of financing, you make more money when you sell. Math 101.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30622 posts
Posted on 6/18/22 at 1:01 pm to
Car salesmen are scum. Every part of the process is an attempt to rip the buyer off. Can’t wait til Ford shuts down independent dealerships for charging over MSRP and goes Tesla model
This post was edited on 6/18/22 at 1:01 pm
Posted by ThatTahoeOverThere
Member since Nov 2021
3644 posts
Posted on 6/18/22 at 1:01 pm to
I understand it as long as we're comparing apples to apples. You get people that say "there's one just like it at so n so for less".

What they dont understand is its a different trim or there are features lacking on the other one. You have to break it down
Posted by GeauxJeaux78
Member since May 2020
755 posts
Posted on 6/18/22 at 1:03 pm to
That ain't Math 101
Posted by armsdealer
Member since Feb 2016
11533 posts
Posted on 6/18/22 at 1:04 pm to
Eh, car dealerships I dealt with didn't care how I paid. The finance guy gets a little pissy when you pull out a cashiers check made out with the OTD number you got before you arrived and before they could sell you a bunch of crap but the salesman/sales managers don't care. I have had a sales manager tell finance to NOT try to sell me any crap and they got mad when they did anyway. Whatever, I hope the dealerships die a quick death with direct sales anyhow.
Posted by ThatTahoeOverThere
Member since Nov 2021
3644 posts
Posted on 6/18/22 at 1:04 pm to
Another thing is we live in a credit world so paying cash does nothing to boost your credit. Credit is like muscle, if you don't use it, you lose it. Keep your credit strong.
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 6/18/22 at 1:05 pm to
quote:

We prefer you finance
no shite, you try and tack on bullshite down the line in partnership with the bank.

Set a price and frick off if you don't like how it's paid
This post was edited on 6/18/22 at 1:05 pm
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