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Message

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

Posted on 6/18/22 at 1:06 pm to
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59757 posts
Posted on 6/18/22 at 1:06 pm to
You guys need to put out more doughnuts in the waiting room
Posted by deltaland
Member since Mar 2011
90880 posts
Posted on 6/18/22 at 1:09 pm to
I’ve stared at that gif for 5 minutes
Posted by Them
People's Republic of Bozeman
Member since Nov 2008
11138 posts
Posted on 6/18/22 at 1:09 pm to
If you have good credit and can get a great rate through a credit union or whatever, I’ve never seen the point of a private individual(business is different) paying $30,000+ cash for a car unless you have so much money you could buy 10 of them.

Keep the cash, drive the car. I’d rather have $35k in the bank to do whatever I want with rather than tie all of that up in a vehicle.

I’m not a business major, so maybe I’m missing something, but that’s how I’ve always looked at it.
Posted by SixthAndBarone
Member since Jan 2019
8308 posts
Posted on 6/18/22 at 1:11 pm to
A gallon of milk doesn’t cost $50,000. Nice comparison, dummy.
Posted by kcpizzle
Member since Mar 2022
560 posts
Posted on 6/18/22 at 1:12 pm to
I swear, we deal with this shite EVERY DAY. After giving them a price...."What if I pay cash??". People are fricking stupid.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 1:13 pm to
quote:

A gallon of milk doesn’t cost $50,000


Not yet
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66478 posts
Posted on 6/18/22 at 1:16 pm to
Damn. A car salesman. What a shitty job.
Posted by WMTigerFAN
Ouachita
Member since Feb 2005
4480 posts
Posted on 6/18/22 at 1:17 pm to
I sell manufactured houses. Get this question time. I typically say “sure” but the reality is it’s all a cash deal as far as we’re concerned, the lenders cut us a check just as you would.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45851 posts
Posted on 6/18/22 at 1:20 pm to
Cash when you are paying a contractor to do work at your house is king.
Posted by Spasweezy
Unfortunately, Louisiana
Member since Jan 2014
6621 posts
Posted on 6/18/22 at 1:21 pm to
Car salesmen are the worst.
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
10575 posts
Posted on 6/18/22 at 1:24 pm to
quote:

Paying cash does nothing for the dealership. We prefer you finance. We make more money when you finance.
Why would any of us give a shite about what is best for you and sleezy car dealerships?
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58385 posts
Posted on 6/18/22 at 1:32 pm to
quote:

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.


My credit is already higher than Snoop Dogg.
Posted by CONNECTICUTTIGER
RHODE ISLAND
Member since Apr 2006
975 posts
Posted on 6/18/22 at 1:34 pm to
quote:


Some people like to pay $45K for a $38K car or $400K for a $320K house; some people don’t


Over 30 years, it likely closer to $600,000 or more.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/18/22 at 1:35 pm to
quote:

Some people like to pay $45K for a $38K car or $400K for a $320K house; some people don’t.


And some people are really bad at math
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55846 posts
Posted on 6/18/22 at 1:42 pm to
quote:

Thanks for the decades old advice

lots of people need to hear it though
Posted by BigWillyMetry
Member since Dec 2021
1548 posts
Posted on 6/18/22 at 1:42 pm to
Spoken like a Under Armour wearing car salesman. Lol.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79323 posts
Posted on 6/18/22 at 1:51 pm to
To me it's less about pricing and more about people who think they're going to get quicker and better service by going in and paying cash.

Those people (reasonably) think that they can be in and out, better for everyone, etc. and don't appreciate that nobody at the dealership is going to want to deal with you and everyone with mediocre credit financing a truck for 72 months is going to get priority.
Posted by brgfather129
Los Angeles, CA
Member since Jul 2009
17108 posts
Posted on 6/18/22 at 2:03 pm to
quote:

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



It's thinking like that that results in poor financial decisions, like paying cash for a vehicle.

Time in the market beats timing the market.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63218 posts
Posted on 6/18/22 at 2:09 pm to
It was a quip about the current economy, not financial advice.
Posted by stonedbegonias
Member since Jan 2010
11593 posts
Posted on 6/18/22 at 2:12 pm to
Anyone with decent credit that doesn’t bring their own financing is a lazy piece of shite and they deserve to get a point or two tacked on. Have fun in F&I, I’ve done my job.
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