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To: conservative98

What does this mean for the cash buyer?


16 posted on 06/14/2023 1:31:38 PM PDT by Irish Eyes
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To: Irish Eyes
What does this mean for the cash buyer?

Cash buyers will pay more.

I have purchased too many new vehicles in my lifetime and one of the first things they ask is whether you are financing or paying cash. The dealers have sweetheart deals with banks and financial institutions that get them kickbacks for steering loans. If you pay cash they will know to negotiate higher sales prices to ensure they get the profit. If you say it is none of their business or hedge your answer they will not negotiate the lowest price.

42 posted on 06/14/2023 2:19:54 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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