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Reply to "Two Questions Re: Purchasing A Used Vehicle ππ"
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[quote=Anonymous]When it comes to used car shopping, miles IS king. Miles = reliability. Sure a newer car will have modern features, but what good is a back-up camera if the car doesnβt back up because the engine is kaput? I would take a low mileage car any day. Paying in cash is not that great, especially at a dealership. Reason being is that dealerships have connections with their own financial institutions and they get a cut off the top if they can get itβs clients financed to these banks. But if someone comes in all cash - the sales guys as well as the financial associates miss a chance at a fatter commission check. They want more than just commissions off car sales, they also want a cut off of a bankβs profit on top. Even if you pay all cash for a used car β the financial department will always up sell you on warranties, paint protection, anti-theft devices, etc. They can be ruthless. I usually pay all cash for used cars and am still in the dealership minimum two hrs. Most places require filling out a credit application just to test drive their cars!![/quote]
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