guy records his new car purchase with dealership

If you can’t pay cash you can’t afford it

Car prices would come down if people didn't jump at MSRP each and every time. No one knows how to negotiate any longer.

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If you can’t pay cash you can’t afford it

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THIS!!!!

You’re less likely to pay for all those options you don’t care about when doing the math and not splitting that $800 option out over 60 months. Hits home a bit more.

That, and you can carry bottom barrel liability if vehicle is paid for saving even more money.

Volkswagen?

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Guy buys a lot of cars

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Yep, two over the last 15 years.

This tells you all you need to know about MSRP.


I don’t know much about cars and what they’re bought for at wholesale versus what they’re sold for at retail. But I will tell you this they can move any number they want if they want to get rid of that car, on that day.

I’m not saying they always want to take a loss. But nobody really knows, what somebody will take for a car unless you press them.

I have actually been laughed out of a dealership for offering a ridiculous amount on a Toyota Avalon back in 2004. I was physically laughed out of the place and it just did not hurt my feelings at all as a young person.

I just went to the next place Ended up settling on a Nissan Maxima for 4000 less than what I was gonna pay for the Avalon. You are the one that has the money, they want the money so therefore you have power. Always remember that you can walk out.

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If you can’t pay cash you can’t afford it


THIS!!!!

You’re less likely to pay for all those options you don’t care about when doing the math and not splitting that $800 option out over 60 months. Hits home a bit more.

That, and you can carry bottom barrel liability if vehicle is paid for saving even more money.

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I'm not saying it's not better to pay cash if you can, but that statement just isn't true. Especially when it comes to a work vehicle. Four of my work trucks are financed (almost paid for) and two paid off. They all are required to make money and they are paying for themselves. Wouldn't pay for 6 vehicles cash (would be dumb to take that much cash away from the company), but I have the money in the bank every month to afford the payments.

With a low interest rate, I don't mind financing at all, I personally just like having more in savings, not because I can't afford it.

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I'm starting to wonder if "car broker" would be a viable new business model, just like we have insurance brokers, mortgage brokers, etc. You just decide what type of car you want and a professional takes over the location, negotiation, purchase and financing of the transaction for a fee while you sit on your arse at home drinking beer and watching the ballgame.

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That’s not a new business model. Those people exist.

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I'm starting to wonder if "car broker" would be a viable new business model

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Buddy of mine that’s in the business does this for me as a courtesy. I’m sure he’s getting a few hundred from the sale which is fine with me.