Originally Posted by DrRay
Advice please. It seems like most of these purchases are financed.
How much power does a buyer have buying in cash?
I have a relative who works at ford, and have a A plan PIN, but dealers are telling me this doesn't make a difference right now. This says I should wait until they drop the employee pricing.
0% financing ...I'm not that naive. If it is really 0%, then they should give me a discount for cash.
My conundrum: rental returns are now selling, and I see the exact same car with only 20,000 kms for $5,000 less than new. Why buy new when I lose $5000 as I drive off the lot?
Mine wasn't financed. When asked if I would get a better deal, I was informed that it didn't make a difference commission wise to them if the car was financed or not.
Employee pricing: 2k more or less in discounts depending on what you buy
0% financing: no discounts but 0% financing
Comes to the same cost wise when you finance with either choice but to me because I wasn't financing, it made more sense to buy during the employee pricing so that I could get the discount.
I could be all wrong about this of course but back then that's what I believed.