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Cars and Transportation
Reply to "Question about new car purchasing and how much more to negotiate "
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[quote=Anonymous][quote=Anonymous] Ended up at $42,500 out the door. Couldn’t resist pushing them some more. I paid in cash, the financing deals aren’t great right now, even at 0% for a few months, doesn’t make sense to finance, they wouldn’t budge on any further discounts and said they weren’t sure if I could just pay off immediately after getting financing. [/quote] They "weren't sure' if you can pay off after financing = yes you can, but they lose their financing commission. You have to keep the loan for a few months in order for the dealer to get a commission on the financing. Also, you can always pay off car loans early. It will be stated clearly on the loan docs in a big box thanks to the regulations from the CFPB.[/quote]
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