View Single Post
Old 01-13-2013, 10:55 PM   #19 (permalink)
redline727
Base Member
 
redline727's Avatar
 
Join Date: Jun 2011
Location: RVA
Posts: 203
Drives: '13 MUSTANG GT 6MT
Rep Power: 14
redline727 is on a distinguished road
Default



dealerships don't prefer cash sales. Less money on the backend to be made i.e. they make money off your interest rate. Plus the chances of closing on warranty products/maintenance/road hazard etc. all goes down with cash buyers. Just bc you sign a paper saying you got 5.9% interest the bank may have said 4.7% to the dealer every point the dealer up sells they get paid on from the bank. Unless its one of those nationally advertised low rates on brand new car. Typically a cash deal goes so quickly and will get a dropped price bc they realize you have money and will do the sale as quick as possible just to move a unit and hopes of making money off of you in the future in the service department if they make you a customer.
__________________
2013 Ford Mustang GT 5.0 6MT
ROUSH intake | ROUSH axle back | ROUSH shift knob | ROUSH coil covers
2009 NISSAN 370Z SOLD
redline727 is offline   Reply With Quote