Who here works for a car dealership?

[hometeam]

Originally Posted by 3rd&48ers

hometeam... Does buying a new vehicle cash have any power in negotiating nowadays?

None whatsoever, in fact in some dealerships it may get you a worse deal. (Where I am, it wont help, but it wont hurt) When someone comes in and acts like they should get some special attention because they have cash, dealership personnel just roll there eyes and let them think that it does, because saying no to a customer is always a bad idea.

The dealership makes money on the financing, even if you don't buy any financing 'product' they still make money on the interest rate. No rate, no money.

There are times when a dealership will say.. take a loss on the front end of a car if they know they can make it up on the interest reserve, etc.