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Reply to "Help me know how to negotiate a new car "
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[quote=Anonymous][quote=Anonymous]Come with your own financing. [/quote] Wrong. Dealers get a kickback on originating financing. Notice when you ask price, they'll always ask if you plan to finance it. That gives them more leeway on price since they know the kickback is coming. Then pay off the loan in full a month later. They may call and get mad about it (they lose their kickback) but it's fully allowed in nearly all car loans. Car loans now have a clear table listing interests costs and pre-payment penalties (if any.. there shouldn't be) thanks to the CFPB rules.[/quote]
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