CAR-BUYING QUESTIONS
Will a dealer give me a better price if I pay cash?
Not usually. Dealers often earn money on arranged financing, so a cash buyer can actually be slightly less profitable to them, and some advertised prices assume you finance through the dealer. That doesn't mean you'll pay more, but you shouldn't expect a cash discount. A common approach is to agree on the out-the-door price first, then discuss how you'll pay. Read any advertised discount's fine print for a financing requirement.
General information, not legal or financial advice; rules vary by state and lender.Related questions
- Can I negotiate at the dealership if I'm paying cash?
- Is it better to pay cash for a car?
- Should I tell the dealer I'm paying cash?
- Should I take 0% financing or the cash rebate?
- Do I have to pay the full price upfront when buying a car?
- How much should I expect to pay above the car's price in taxes and fees?