by "BrianGriffin thinks “reliable” is just a state of mind" (briangriffinsprius)
Published 04/20/2017 at 18:02
by "BrianGriffin thinks “reliable” is just a state of mind" (briangriffinsprius)
Published 04/20/2017 at 18:02
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....do dealers think that it’s okay to charge more for the “financing” price of a car vs. cash? Don’t they realize that (most people) know they’re already making MORE from financing than a cash sale?!??
"WiscoProud" (wiscoproud)
04/20/2017 at 18:06, STARS: 0
What do you mean? Like the price of the vehicle is actually increased if you finance? Or are you referring to back office BS fees?
"Junkrat aka Rick Sanchez: Fury Road Edition" (realasabass)
04/20/2017 at 18:12, STARS: 1
The lender is making more when it’s financed. Unless they are carrying their own loans or getting kickbacks from the lender they do not make more from a financed car. They get a check from the lender for the amount of the loan.
"BrianGriffin thinks “reliable” is just a state of mind" (briangriffinsprius)
04/20/2017 at 18:28, STARS: 1
They actually quoted me a price about $1200 higher for the “finance sale” vs. “cash sale” car price. Craziness.
"Dr. Zoidberg - RIP Oppo" (thetomselleck)
04/20/2017 at 19:10, STARS: 0
Bad formula on their part. Should offer one price, and just just choose to haggle less with cash buyers, if at all.
"haveacarortwoorthree2" (haveacarortwoorthree2)
04/20/2017 at 19:20, STARS: 0
The Supreme Court just dealt with a case arising from a NY law that made it unlawful for a retailer to offer a “cash price” and a higher “credit card price” (I’m generalizing here, in case someone actually is familiar with the case). Unfortunately, the Court kicked it back to the lower court without offering a lot of guidance other that the First Amendment applies.
"WilliamsSW" (williamssw)
04/20/2017 at 20:01, STARS: 1
Dafuq??? It should be *cheaper* if anything, for exactly the reasons you describe. Never heard of this - ie, dealer/salesperson is an a-hole.
"Khalbali" (khalbali2)
04/21/2017 at 00:55, STARS: 0
A lot of the time quoted finance offers are from the manufacturer, so you could have a choice of say 1500 customer cash OR 500 and 1.9% for 72 months or whatever.
"WiscoProud" (wiscoproud)
04/21/2017 at 10:11, STARS: 0
That’s insane. I think that would be enough for me to walk out.