Most car dealers act like you're bringing in AIDS when you want to pay cash

[1srelluc]

Hardly any of the dealers want to do cash deals as they make way more money screwing over people with financing schemes.....From the salesmen to the finance officer at the stealership.

You can finance to get the discounts, but the lenders will hide fees in there to deter paying it off early if you are not savvy.

LOL....There's a used car dealer down from the house where I stopped to look at a vehicle for my daughter last year.

He told me straight-up that they don't want my cash. If I pay with cash then I pay the jacked-up asking price.

 

[wtb]

I've had the same experience. The first time I paid cash for a car, I wrongly assumed that would be to my advantage. It sure isn't. It almost feels like they hardly even want the sale when it's cash.

 

[1srelluc]

I've had the same experience. The first time I paid cash for a car, I wrongly assumed that would be to my advantage. It sure isn't. It almost feels like they hardly even want the sale when it's cash.

Take the loan offer, push for a discounted price, ensure no prepayment penalty and find out the minimum time required before you can fully pay off.

Then pay off the full loan at that point with your cash. It’s usually three months or so.

Just do your due diligence to get the terms in writing, and read the paperwork.

 

[wtb]

Take the loan offer, push for a discounted price, ensure no prepayment penalty and find out the minimum time required before you can fully pay off.

Then pay off the full loan at that point with your cash. It’s usually three months or so.

Just do your due diligence to get the terms in writing, and read the paperwork.

Yeah, I think that's a good way to navigate it and maintain some ability to negotiate a better price.

 

[Cellblock2429]

Hardly any of the dealers want to do cash deals as they make way more money screwing over people with financing schemes.....From the salesmen to the finance officer at the stealership.

You can finance to get the discounts, but the lenders will hide fees in there to deter paying it off early if you are not savvy.

LOL....There's a used car dealer down from the house where I stopped to look at a vehicle for my daughter last year.

He told me straight-up that they don't want my cash. If I pay with cash then I pay the jacked-up asking price.

/---/ Two years ago, I bought a low-mileage off-lease Volvo Cross Country for $33k. I wanted to pay cash; the finance guy said if I take out the loan, they can lower the price by $3,000. I asked, how long do I have to hold the loan? He said, wait about 3 months, then you can pay off without penalty. I don't remember the interest rate, but it wasn't too high.
I signed the loan with a $10k payment, waited till the first payment was due, called the finance company, and they said I could pay it off immediately without penalty. So I did.
That had to save me some money off the retail price. But, I don't know if the finance guy got cheated out of some commission.

 

[Foxfyre]

Hardly any of the dealers want to do cash deals as they make way more money screwing over people with financing schemes.....From the salesmen to the finance officer at the stealership.

You can finance to get the discounts, but the lenders will hide fees in there to deter paying it off early if you are not savvy.

LOL....There's a used car dealer down from the house where I stopped to look at a vehicle for my daughter last year.

He told me straight-up that they don't want my cash. If I pay with cash then I pay the jacked-up asking price.

Wow. I wouldn't do business with that dealer. We drive Subarus and have a wonderful dealership here. When our car was stolen several years ago, our insurance company provided us a rental car for 30 days waiting to see if the car would be found. It was found just before the 30 days were up but had some collision damage on it and was so contaminated with Fentanyl it was declared a bio hazard and the insurance company totaled it. We weren't even allowed to get any personal possession out of it.

The check was issued immediately and we had less than three days to find and buy a car. This was in July when stocks were completely depleted and the new inventory was not in yet. But the dealership had one very nice fully loaded two-year-old Subaru Impreza--which is what we wanted--and gave us a reasonable deal on it. We didn't tell them whether we would finance it or not and they didn't ask.

We paid cash for it and drove it home. They seemed perfectly fine with that.

 

[okfine]

The lesions on your face must have given it away

 

[buckeye]

Wow. I wouldn't do business with that dealer. We drive Subarus and have a wonderful dealership here. When our car was stolen several years ago, our insurance company provided us a rental car for 30 days waiting to see if the car would be found. It was found just before the 30 days were up but had some collision damage on it and was so contaminated with Fentanyl it was declared a bio hazard and the insurance company totaled it. We weren't even allowed to get any personal possession out of it.

The check was issued immediately and we had less than three days to find and buy a car. This was in July when stocks were completely depleted and the new inventory was not in yet. But the dealership had one very nice fully loaded two-year-old Subaru Impreza--which is what we wanted--and gave us a reasonable deal on it. We didn't tell them whether we would finance it or not and they didn't ask.

We paid cash for it and drove it home. They seemed perfectly fine with that.

That's a special car dealer. Financing has absolutely become the money maker at car dealers.

 

[BULLDOG]

Hardly any of the dealers want to do cash deals as they make way more money screwing over people with financing schemes.....From the salesmen to the finance officer at the stealership.

You can finance to get the discounts, but the lenders will hide fees in there to deter paying it off early if you are not savvy.

LOL....There's a used car dealer down from the house where I stopped to look at a vehicle for my daughter last year.

He told me straight-up that they don't want my cash. If I pay with cash then I pay the jacked-up asking price.

I had a dealer tell me I had to buy that day or the price would go up tomorrow. He was shocked when I walked out.

 

[Mac-7]

I had a dealer tell me I had to buy that day or the price would go up tomorrow. He was shocked when I walked out.

When you shop pretend that you need to borrow

Then at the last minute pull out the checkbook

 

[Cellblock2429]

Wow. I wouldn't do business with that dealer. We drive Subarus and have a wonderful dealership here. When our car was stolen several years ago, our insurance company provided us a rental car for 30 days waiting to see if the car would be found. It was found just before the 30 days were up but had some collision damage on it and was so contaminated with Fentanyl it was declared a bio hazard and the insurance company totaled it. We weren't even allowed to get any personal possession out of it.

The check was issued immediately and we had less than three days to find and buy a car. This was in July when stocks were completely depleted and the new inventory was not in yet. But the dealership had one very nice fully loaded two-year-old Subaru Impreza--which is what we wanted--and gave us a reasonable deal on it. We didn't tell them whether we would finance it or not and they didn't ask.

We paid cash for it and drove it home. They seemed perfectly fine with that.

/—-/ Merely touching a speck of fentanyl on your personal items in the car could bring instant death. Usually it’s 1,000 times more lethal than heroine, not because it’s a poison but because it paralyzes your chest and you can’t breathe.

 

[Foxfyre]

/—-/ Merely touching a speck of fentanyl on your personal items in the car could bring instant death. Usually it’s 1,000 times more lethal than heroine, not because it’s a poison but because it paralyzes your chest and you can’t breathe.

I don't know if it's that deadly. The thieves whoever they are seem to have survived it. But for sure there is a risk and the guy who did the test to determine the presence of fentanyl told us he did a second test because the first tested so high he thought it must be an error. He had not seen such levels before. The second test confirmed it though.

The police told us most of the cars stolen in and around Albuquerque--and there are a LOT of them--are mostly stolen by drug dealers to use for illicit purposes. That's why they are usually recovered but can be totaled because of the drug contamination. Used to the stolen cars went mostly to chop shops or Mexico.

At any rate we were able to replace it with a good car that we've enjoyed a lot. And the price was reasonable even though we paid cash for it.

 

[Zincwarrior]

I've had the same experience. The first time I paid cash for a car, I wrongly assumed that would be to my advantage. It sure isn't. It almost feels like they hardly even want the sale when it's cash.

Same. I thought they would love it.

 

[Cellblock2429]

I don't know if it's that deadly. The thieves whoever they are seem to have survived it. But for sure there is a risk and the guy who did the test to determine the presence of fentanyl told us he did a second test because the first tested so high he thought it must be an error. He had not seen such levels before. The second test confirmed it though.

The police told us most of the cars stolen in and around Albuquerque--and there are a LOT of them--are mostly stolen by drug dealers to use for illicit purposes. That's why they are usually recovered but can be totaled because of the drug contamination. Used to the stolen cars went mostly to chop shops or Mexico.

At any rate we were able to replace it with a good car that we've enjoyed a lot. And the price was reasonable even though we paid cash for it.

/—-/ I was a pharmaceutical rep for the company that developed fentanyl. It is perfectly safe when administered by an anesthesiologist. They also use a muscle relaxer to prevent chest wall rigidity. But, drug dealers don’t take any precautions.

 

[Correll]

When you shop pretend that you need to borrow

Then at the last minute pull out the checkbook

That is in effect what we have done. Discuss the deal, and don't discuss that you/we will be paying cash until the discussion reaches that point.


Back further when we were doing more private party buys, the people loved cash.

 

[Zincwarrior]

/—-/ I was a pharmaceutical rep for the company that developed fentanyl. It is perfectly safe when administered by an anesthesiologist. They also use a muscle relaxer to prevent chest wall rigidity. But, drug dealers don’t take any precautions.

Also Fentanyl was developed for serious patients who probably aren't getting better - aka stage 4 cancer patients, etc.

 

[1srelluc]

But, I don't know if the finance guy got cheated out of some commission.

No, he gets his off the top when you sign for the note.

 

[Manonthestreet]

When the daughter bought her second car she was a waitress. She kept most her tips at home instead of depositing them. Came time for the down payment she had several bags of ,1',s and 5',s she pulled out. Salesguy was not happy. He took into the back and made them count it

 

[Correll]

When the daughter bought her second car she was a waitress. She kept most her tips at home instead of depositing them. Came time for the down payment she had several bags of ,1',s and 5',s she pulled out. Salesguy was not happy. He took into the back and made them count it

I can understand that. He is responsible for getting the count right. thousands of dollars in 1s and 5s,? I can just imagine some idiot manager giving him a hard time because the count was off by 20 or 30 bucks.

 

[Captain Caveman]

Hardly any of the dealers want to do cash deals as they make way more money screwing over people with financing schemes.....From the salesmen to the finance officer at the stealership.

You can finance to get the discounts, but the lenders will hide fees in there to deter paying it off early if you are not savvy.

LOL....There's a used car dealer down from the house where I stopped to look at a vehicle for my daughter last year.

He told me straight-up that they don't want my cash. If I pay with cash then I pay the jacked-up asking price.

My mate went into a UK car dealership and same situation. You pay the full asking price if paying cash, they would only discount if bought on their finance package etc..