Comments on: Car Shopping DOs And DON’Ts

By: The Silver Lining on This Dark Economic Cloud | The Wisdom Journal

The Silver Lining on This Dark Economic Cloud | The Wisdom Journal — Fri, 14 Nov 2008 06:29:01 +0000

[...] Setting up an emergency fund. [...]

By: Festive Link Love Carnivality #31 | Free From Broke

Festive Link Love Carnivality #31 | Free From Broke — Sun, 09 Nov 2008 12:57:46 +0000

[...] A great list of car shopping do’s and don’ts. [...]

By: Peter

Peter — Tue, 28 Oct 2008 16:12:21 +0000

I disagree. Cash can have a few effects. For example a friend of ours brought actual cash to a dealer, and told them that was all they would pay for a car that was already a good deal. They showed the dealer the cash, counted it out on the table. The dealer took off the extra $1000 to get the deal done. Stuff like this works even better in a tough market like it is today.

Paying cash can also have the effect of saving you money on the back end – you don’t have to pay finance charges, and you won’t get hosed by the dealer in the back end through phantom charges, fees, etc – which happens more than people would like to believe.

By: Lee

Lee — Tue, 28 Oct 2008 03:33:54 +0000

Cash has 0 effect on the price of the car. The dealer is going to get the money whether it directly from your pocket, or from a lender. You could actually get a better price on the car by financing as the dealer can make up some of the money lost on the sale of the car by the money he makes on the financing.

By: Miranda

Miranda — Mon, 27 Oct 2008 17:34:35 +0000

Thanks for sharing these tips. There are some great ones. Mirandas last blog post..Financial Crisis? Don’t Worry: The Lobbyists are Still Getting Paid