You are correct, however Cadillac has 0 interest financing for 36 months and was wondering if I paid cash would I get a better price (cash only price) or would it be the same price if I did the 0 interest financing offer.
Correct. Saying "I'm paying cash" means absolutely nothing, as financing will always help a bit, if anything at all, in case there is a couple hundred or less in a flat fee from the bank to the dealer for the loan.Actually you might be able to get a better sale price by financing through the dealer as they sometimes get a kick back from the banks they use. It would take some figuring to see if you could save money by financing and then paying off the loan after a couple months as opposed to paying straight cash. If you can find an honest salesman and dealer finance guy they would know best.
Sent from AutoGuide.com Free App
That's a great way to get rewards points. I also try to do that when possible, dealers hate it. Most of the time they have a max dollar amount for credit card transactions related to sales or down payments.I got a discount once for trying to put the whole sale on my credit card. The manager flipped, as they usually pay a couple percent or more for every transaction. He tried to refuse the card, but I pointed to the Visa sign on the door...they had no choice, or risk their Visa contract. In the end, he split the card commission with me and I wrote a check.