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09/18/2009 08:21:02 AM · #26
Originally posted by BeeCee:

Originally posted by david_c:

Originally posted by RayEthier:

I walked into a dealership in 2008, haggled over the price, got the best price I could then offered to pay cash for it... Guess what...I must be a real good haggler cause the price remained the same.

Of course it did. The salesman was thinking "Oh sh*t, another deadbeat that wants to pay off his car all at once instead of financing through us...there goes [insert interest rate] of compounded free dollars!"

Trust me, car dealers, real estate agents, credit card companies...they want you to carry a balance owing. That's how they actully make money.


Exactly. Our dealer even told us that straight out when we asked if cash would get us a better deal.

Funny thing though, I checked around with a variety of dealers and this was the best price I could find anywhere... so I gave the dealer a cheque and he was quite happy.

Ray

ETA I also was quite pleased with the price since it was several thousands lower than what I could find anywhere else.

Message edited by author 2009-09-18 08:22:44.
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