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Cash Deal More Expensive

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  • sumdumguy
    Senior Member
    • Mar 2007
    • 11975

    Cash Deal More Expensive

    so ---- buying a new aluminum fishing boat, say , "if I pay cash-what price?" I am told it will cost me more because dealer won't get a kick-back from the bank as when financed. I checked with RV sales firm and it is true. F those banks!
  • iceman
    Senior Member
    • Dec 2014
    • 751

    #2
    I heard this same story on 100k pickups.

    This will end badly

    Iceman Out

    Comment

    • hobbyfrmr
      Senior Member
      • Feb 2008
      • 3178

      #3
      This is common these days. Any dealer doesn't care about cash because they will get your money if you commit to buy. They get a nice administration fee and benefits from the banks. This is common practice at this time. I am guessing that this will change if there is ever to be a credit crisis. In the meantime interest is cheap and readily available for all the stuff we desire with only a quick, one sheet credit application and your shaky signature!

      Comment

      • danny W1M
        Senior Member
        • Mar 2017
        • 464

        #4
        A cash deal has meant dick for atleast the last 20 years. Sick to hear it'll be even a poorer deal.

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17479

          #5
          That's just wrong. When back door kickbacks trump cash. Just think how much prices are artificially inflated to compensate for that bullshit.

          Comment

          • Oliver88
            Senior Member
            • Dec 2012
            • 4688

            #6
            There is a Chev dealership that does this in Saskatoon.

            Told our senior citizen neighbours a SUV would cost more for cash vs financing!

            Comment

            • checking
              Senior Member
              • Feb 2008
              • 2392

              #7
              All that needs to be said is, "how much are you, Mr. Salesman, going to make on the SUV, boat, whatever, if I walk with my cash out your door."

              No one with cash needs to put up with that BS at any time.

              Comment

              • blackpowder
                Senior Member
                • Feb 2010
                • 9263

                #8
                Really f em up and buy used. Better yet, pravately.

                Comment

                • Richard5
                  Senior Member
                  • Jan 2014
                  • 469

                  #9
                  Originally posted by blackpowder View Post
                  Really f em up and buy used. Better yet, pravately.
                  Thats exactly what i was going to say, leave the buying new to those that feel they need to trade or auction off the entire fleet every year.

                  They are only trying to spend the input capital cash or land financed by input capital to keep the image from the road up

                  Used is a huge advantage for my operation

                  Comment

                  • sumdumguy
                    Senior Member
                    • Mar 2007
                    • 11975

                    #10
                    Really, it is the fault of the banks. Those f'ers are getting our society in so deep, and there's no stopping it. Now they'll even bribe those suckers to take the money.

                    Comment

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