Quote:
Originally Posted by Scanner
It's not so much the loan as the car buying process - the dealers weave the car price into the loan or vice-versa so you don't know where you are getting screwed. YOu just can't separate the two.
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That's always been my thought, which is why I'm convinced 0% financing isn't really such a great deal. You end up paying more for the car because the dealer knows he's making nothing on the loan.
What I do wonder, though, is what happens when I'm on the lot shopping for a car and I haven't told the dealer how I intend to pay. I don't mention that until after I've agreed on a price. When he says to go speak with the finance guy, that's when I'll say I'm paying cash or already have my loan lined up. So how does that factor into the negotiation?