Overhaulin'

I want to buy a car in cash, how much could i save?

I want a 30000 SUV.

Public Comments

1. Then probably $30000.
2. Well to pay cash on a $30,000.00 SUV you will need to save $40,000.00
3. Why do some think paying cash will get you the best price?? Well, it's NOT true. Dealers would prefer you finance through them so they can get kickbacks from the bank and/or add 1-2% to the rate. So a dealer could potentially make THOUSANDS if you finance through them. So why would they prefer cash?
4. http://www.carbuyingtips.com/ The answer is here, and also a LOT more, including the top ten dealer scams.
5. Gee Robert, You want to buy a $30,000 car and use cash. How much cash do you think you'll need. Well you'll need to pay taxes, insurance and the dealer will no doubt add in some administrative fees. So figure in an extra 10-15% to walk out the door.
6. There is no incentive for a dealer to offer a cash discount, since they make more money when you finance a car through them. The best way would be for you to make the best deal you can, then tell them you'll be paying cash. If they find out it's a cash deal early on, you'll pay more for the vehicle.