this post was submitted on 07 Aug 2024
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[Dormant] Electric Vehicles
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I’m the ‘car and tech guy’ for my family/friends, two most recent trips were cash buys… you can see the look on the salespeople’s faces drop when they find out they won’t get any finance commission.
You can also finance and pay off the loan early as well.
I've taken dealer financing on a car to lock in their lower offer and then paid it off in full the next month. No interest, no bullshitting around.
Just make sure there is no penalty for paying the loan off early. Check the actual contract.
I nearly did. this on my last car. A really good tip.