The Real Cost of Paying Cash for a Car
The Real Cost of Paying Cash for a Car
7 months ago
MSNMat Armstrong
Not only do dealers not want you to pay cash, some may try to charge you more if you do. The old saying that “cash is king” applies to almost all purchases, except if you want to buy a car from a dealership. Paying cash may hinder your chances of getting the best deal. “When dealers are negotiating the purchase price, they anticipate making money on the back end, via financing. So if you tell them up front you're paying cash, the dealer knows he has no opportunity to make money off you from fina
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