Huntindog wrote:
Maybe cash is not always king!
GOES WITHOUT SAYING THAT YOU NEED TO NEGOTIATE HARD.
In the deals you use as examples, I do not believe for a minute that the best deal was had....If I was to believe that, then I would have to believe that the lenders got taken by the buyers... I do NOT.Remember what I said about them being much better off than thr people they loan money to... That is no accident. They are pros at making money while leading their customers to believe otherwise
Of course absolutly no one will admit this, for obvious reasons.
So, Huntindog, I, like you, prefer to pay cash for anything I can afford to. Note, aside from 2 new vehicles over my entire time behind a steering wheel (which sadly is over 30 years, now), every other vehicle or "toy" (RV, bikes, boats, etc) has been purchased used and used private party.
Cash "can" still be king in these scenarios, but generally only for the lower priced stuff. Someone selling a $50-100k used (boat, rv, whatever) is generally not "after the cash, NOW" nor willing to forego some revenue for "cash" on a large transaction.
When talking about car dealers, new or used, cash is NOT king, regardless of what you learned back in whatever decade you started making large purchases.
Your soapbox is getting pretty weak...
