C7 cash offer question
Le Mans Master
Joined: Apr 2013
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2020 C8 of the Year Finalist - Unmodified
Uh... no.
What you think they will hide the cash from the tax man or something?
Isn't it true that they actually get a cut back if they finance it through their banks? I think there's more money in non cash deals than cash deals.
What you think they will hide the cash from the tax man or something?
Isn't it true that they actually get a cut back if they finance it through their banks? I think there's more money in non cash deals than cash deals.
Team Owner
Joined: Aug 2002
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Tech Contributor
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St. Jude Donor '05-'06-'07-'10
Smaller volume Dealers are adding market adjustments to this car from $5,000.00 to $10,000.00 OVER MSRP and selling them. What do you think they would say to an offer that is $5,000.00 under?
Safety Car
Joined: Apr 2007
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From: Southeast, WI
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Melting Slicks
Joined: Jun 2011
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Exactly!!..There's a dealer here in Canada that put a $12,000 mark up and sold it the first day.
Le Mans Master
Joined: May 2010
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From: Ventura CA
Melting Slicks
Joined: May 2013
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From: Fairfax VA
I always wondered about questions like this. It isn't like if you finance the car the dealer is waiting each month for the payment. They get their cash immediately whether from the buyer or the bank. 
Le Mans Master
Joined: Aug 2004
Posts: 5,819
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From: California
Cash means diddly squat, either bank pays dealer or the customer does.
Most dealers are capped on rate % mark ups, so its not like they make a ton of money on financing per transaction, it does add up though.
So it is always a good idea to find out what the std financing rates are for various terms on a particular vehicle before stepping foot into the dealer.
Most dealers are capped on rate % mark ups, so its not like they make a ton of money on financing per transaction, it does add up though.
So it is always a good idea to find out what the std financing rates are for various terms on a particular vehicle before stepping foot into the dealer.