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Reply to "What to expect when paying cash for new car?"
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[quote=Anonymous]Cashier's check from your bank or direct electronic transfer of funds. No personal check, and only a small amount (usually around $2k) can go on the credit card. The most important thing to know is DO NOT tell the dealership you are paying cash until you've settled on a final out-the-door price, including whatever BS fees they insist on inserting. Dealerships make their money off loans, and if they know they're not getting a loan with you, they will be far less willing to negotiate or waive fees. Pay attention to how they'll try to frame the sale in terms of monthly payments and whatnot and continuously ask you about what kind of loan you're interested in. Firmly guide them back to total out-the-door price.[/quote]
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