Reply to paying cash for a car?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Isn't the idea to accept the manufacturer's financing and then pay it off a week later?

So just use online bill pay. [/quote]

Why?  I just bought a new car a few weeks ago, wrote a personal check.  [/quote]

The dealership makes money on the financing, higher commission to sales reps if you finance. They are more likely to cut you a deal on the price if you finance.

Of course, who knows if that's the case these days with cars selling over MSRP. [/quote]

This! And then pay if off the next month[/quote]

For what?  Does your family member work at the car dealership? 
None of them are offering a break if you use financing.  We asked at 3 dealerships. 
Pay cash.  They are marking up cars as it is, no need to give them more money. [/quote]

The last time we had to finance a car, we were told that even if we paid it off early, we'd have to pay the interest for the term of the original loan. Dealers aren't giving you a better price on a car if you finance, they're finding a way for you to give them more money, just slowly. [/quote]

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