Dealers prefer if you finance it since they make money off of that as well, so cash really doesn't get you any leverage.
That's very true and I thought about that, but they(dealers) get credit doing
volume also and it goes a long way and helps with leverage on
new inventory
. I never knew that until I bought my truck. Practically stole it. I couldn't understand why everything I said, the salesman just said
yes and agreed to it and was like "we can do that" and
"no problem"
. I looked at my wife and was like, "is this real". Salesmen said "just go with it". When we got to finance dept. I said something to the lady and she said "you know how many people come in here and want a 40K car for $200 a mo. and no money down, and
then even when we work the numbers and get'm a deal, it falls through cause they have NO CREDIT. You have good credit. You sign this deal it's done, we move a car". That means next year they get 2 hellcats or 3 whatever's from the mother co. cause they're a volume dealer
. There's more perks too. They can
pull cars from other dealers if mother co. says so cause, hey there big man on campus, they get what they need, they're a volume dealer.