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Don't know anything about cars, there is a Kia Spectra LX 2008 that is being sold for $11,000. How much would the average dealer agree to lower the price to make a deal with the buyer if that buyer says he will pay in cash? Would the average dealer agree with 8,000? Is taking off 3,000 asking for too much?
"Paying cash" has zero influence on a dealer....in fact it may them less likely to want to do a deal, because there is no "back side" money (financing kickbacks, etc).
Think about it....the dealer gets cash regardless of whether the the check is from you or from a finance company.
Unless your buying at a smaller "buy here, pay here" dealer, its not going to get you anything. Like car54 said above, when paying cash the dealer is potentially making less money.
So what is the average amount that a deal would be made for a car that is 11,000? how much would a dealer be willing to take off on the original price to make a deal?
So what is the average amount that a deal would be made for a car that is 11,000? how much would a dealer be willing to take off on the original price to make a deal?
There is no average, it all depends on how much they paid for the car, and how long the car has been there.
Quote:
Originally Posted by PokerMunkee
Offer the $8k and walk when they come back with $10,000. Don't fall in love with the car and know there are tons of them out there.
This. make your offer, if they dont accept it leave. There are tons of good cars out there at the price point you are looking at
Don't know anything about cars, there is a Kia Spectra LX 2008 that is being sold for $11,000.
Why not spend your good money on a Honda or Toyota?
The Hyundai and Kia cars are disposable cars that will not last over 5 years with out draining every cent you have to keep them on the road.
Why not spend your good money on a Honda or Toyota?
The Hyundai and Kia cars are disposable cars that will not last over 5 years with out draining every cent you have to keep them on the road.
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