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Reply to "all cash car purchase - what is realistic discount from MSRP"
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[quote=Anonymous][quote=Anonymous]You should do the exact opposite. Put some cash down, enough so that you are an attractive borrower, then cut your best deal, financing the rest. Make a payment or two and then pay the entire thing off. your credit rating will love it too - borrow money and then pay it back. Makes you a great long term risk. I have bought my last four or five cars this way. [/quote] I also bought my last car this way. They make most money from the financing, not the actual car sale so you get a better deal by financing instead of paying cash.[/quote]
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