DON'T PAY CASH AT CAR DEALERSHIPS! (Here's Why) - Car Dealer Reacts - Marko - WhiteBoard Finance

you want then you ask them to redo the price they will say oh this documentation fee is state mandated if I charge you x I have to charge everyone else x otherwise I will lose my license blah blah blah blah well, Guess what's up with all the big brained people in the comments who are going to leave a negative comment. This is just a bargaining chip. Okay, you don't have to delete this. All you have to do is take this 500 and take it. about the price of the car, you say, okay, I'll pay the $500 fee if you charge me, does that make sense?

So you're buying more bargaining power, but I could have said no, I can't do that. Everything could have been done. We're done with the salesperson and the sales manager. Yes, that doesn't have to happen in the

finance

office. Yes, that's why you discussed the sales price. Okay, sorry, you know what you're saying, thank you, Mr. F and I have a great day and you leave with a smile on your face and drive off into the sunset. I'm just kidding, but you're gaining more bargaining power anyway, so you're still going to end up paying the asking price for the car.

You will still pay the same tax that you would have paid. You can buy yourself some negotiating power with these silly rates. You're not going to pay for these things. have them redo the total, you put in what you said you're going to pay and this is the point of the video, you get your payment amount from the lender, let's call it 30 days later or 45 days later, you say, hey, what's my payment? amount, it should simply be these numbers, sales price, tax, whatever amount you

finance

d minus your down payment and send them a

cash

check, you just paid

cash

for the car while still this summer, at least, you They paid one thing, yes, we do.

They don't even pay me to have these ads in our videos, right? T

here

is a video that gets all the benefits of sales price negotiation. This makes sense? Well, now that I've saved you a ton of money,

here

's how I've been buying cars. I'm completely fine, I don't care how he's been buying cars his whole life, be careful, you don't want to come across no, no, no, no, no, because that's irrelevant to the conversation about yes and I think. Marco is right and I think he also has a wonderful way of presenting information. It's actually really nice in a clear and concise way, better than we, well, yeah, because we don't use

whiteboard

s because then we'd be copying them, but my point is that you don't have to wait 30 or 45 days, by waiting 30 or 45 days, there is a daily interest charge on your car loan, yes, okay, so it normally takes a bank about a week to book a loan once you've taken it out. the

dealer

ship is fine so wait a week to ten days call the bank what is my payment send them a check or make a wire transfer then yes and in essence you paid cash and financed what you financed and paid a finance charge on any amount that you financed for seven or ten days instead of 30 to 45 days and you just saved yourself a few more dollars, yeah, that's a good point, yeah, so that's my only quibble um with that, otherwise.

I think you already know the initial price, if you want, if you want to pay the loan later, do it between a week and 10 days after you bought the car, not between 30 and 45 days, apart from Marco's 100 percent attention, and maybe. We'll have to try to contact Marco. I mean, we have the retail price estimator on our website yourautoadvocate.com. Retail price or if you go to Tools, it's there and I mean it's meant to help you. understand what your taxes will be, know that the estimated taxes will be on your purchase and your title and registration fees in your state, what will they be, to help you know that you see an Internet price online and then what will it actually be?

Walk out the door and then to your you know, use the um, you know, the dock fee, which is a bargaining piece, you know, it works with the sales price, um, but no, I really think this one is smart way to approach it because If you come in, say I'm paying cash, then you're going to end up paying more for that car because they're not going to make as much money and now, as usual, I have you like you explained the chargeback system.

dealer

, you kind of got over it, so congratulations to you, it's good for you, well, it's not a credit to you or it's not good for you, it's just that you're trying, you're being strategic, you're trying to maximize your savings exactly and you're not there is nothing.

There's nothing wrong with that, no, no, and that's what you should try to do when you spend your money, so Marco, good job, proud of you my friend, you know, I just said a couple of little things with the ones I would discuss, but other than that 100 views