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dealerships don't prefer cash sales. Less money on the backend to be made i.e. they make money off your interest rate. Plus the chances of closing on warranty products/maintenance/road hazard
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#19 (permalink) |
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![]() Join Date: Jun 2011
Location: RVA
Posts: 203
Drives: '13 MUSTANG GT 6MT
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dealerships don't prefer cash sales. Less money on the backend to be made i.e. they make money off your interest rate. Plus the chances of closing on warranty products/maintenance/road hazard etc. all goes down with cash buyers. Just bc you sign a paper saying you got 5.9% interest the bank may have said 4.7% to the dealer every point the dealer up sells they get paid on from the bank. Unless its one of those nationally advertised low rates on brand new car. Typically a cash deal goes so quickly and will get a dropped price bc they realize you have money and will do the sale as quick as possible just to move a unit and hopes of making money off of you in the future in the service department if they make you a customer.
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![]() 2013 Ford Mustang GT 5.0 6MT ROUSH intake | ROUSH axle back | ROUSH shift knob | ROUSH coil covers 2009 NISSAN 370Z SOLD
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