Overhaulin'

what if i buy a car in cash how much can i knock off?

im looking going to get a car i want o buy in cash how would be a good deal on 23000 car

Public Comments

1. you will knock off all the monthly payments
2. You won't knock off anything. They make their money on financing as well as the actual sale.
3. Depends on the dealer. At the used car department of a franchised dealer they make good money on the financing so cash will typically get you no better deal. At a small used car lot cash will sometimes get you a small discount as they may need the cash flow and not having to wait on the financing might help them out.
4. You can't knock off anything. Dealers don't discount for cash. They get a commission if you finance and make more money. A good deal on a $23K car depends on what the car is worth. If it's worth $30k, then $23K is a great deal. If the car is only worth, $17K, then it's a terrible deal. So, how much is the car worth? Check www.kbb.com and www.nadaguides.com.
5. You will be knocking off the interest payments which is thousands of dollars.