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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 5/5/24 at 7:52 am to
Posted by BK Lounge
Member since Nov 2021
3640 posts
Posted on 5/5/24 at 7:52 am to
quote:

My question is whether the seller will be more flexible when getting full payment in cash at the time of sale rathe r than ultimately getting more on a delayed basis and hoping the payments are made by the purchaser.



If we were living in 1975 then you would be correct.. if we were living in 2005, you would be correct.. But in 2024, paying cash puts you at a disadvantage (at least in the eyes of the dealer/seller.)

As mentioned upthread, stay quiet about having cash, negotiate the financing then (making sure there is no early penalty, or Xing it out)- after the first month or two use ur cash to pay off the whole thing … in America, cash isn’t king anymore, what a time to be alive .
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