car purchase advice
car purchase advice
Out of context: Reply #3
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- monNom0
Car dealers make most of their money on the financing terms. The profit on the car purchase vs sale price is minor in comparison and really just gravy for the dealer... so you're probably not going to get a better deal for coming in with cash, since the dealer will actually make less money on the sale (ie: no back-end on the financing).
Buying used from a private party will save you a lot, and the fact that they probably don't have a finance company on speed-dial means they're more likely to take what's offered. (though some people would rather keep a care they no longer want than sell it at a deep discount.)