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re: Is a car purchased from a used car lot lower when paid for by cash rather than financed?
Posted on 5/4/24 at 5:27 pm to tigersbb
Posted on 5/4/24 at 5:27 pm to tigersbb
We used to require the cost of the vehicle as down payment and then finance the profit.
Either way the dealer made bank like that. Miss a payment = yank the vehicle to sell again or they get the profit of the payments on time.
Wait till EOM around 3pm and tell them your cash offer. They don’t want to stay there till 9pm.
Either way the dealer made bank like that. Miss a payment = yank the vehicle to sell again or they get the profit of the payments on time.
Wait till EOM around 3pm and tell them your cash offer. They don’t want to stay there till 9pm.
2
Posted on 5/4/24 at 5:38 pm to Sidicous
quote:
Wait till EOM around 3pm and tell them your cash offer. They don’t want to stay there till 9pm.
What is the significance of the end of the moth to a cash sale?
Posted on 5/4/24 at 5:45 pm to Sidicous
quote:
We used to require the cost of the vehicle as down payment and then finance the profit.
So a reasonable cash payment above what they have in the car would likely be accepted? For instance on a car listed at $12,000 for which they have $6,000 invested would likely sell in the $8,000 range for cash?
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