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Old 12-07-2013, 09:50 PM   #1
k.houan
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Advice buying an fr-s with cash?

UPDATE: I've found a potential frs in the color i wanted from a fellow forum member. It has a Cusco front strut, 527 wheels 17x8.25 and 17x9.75, new rear wider tires, bc Coilovers, clear bra, Berk dual muffler delete. and 3200 miles on it. He's asking $24k. What do you guys think? Should I negotiate a deal with him? Thing is hes located in Minnesota and Im in Cali, how would a deal like this go down without anyone getting screwed over? And should I go this route rather than buying a brand new frs?I'd be grateful for any input.




Alright so I'm looking to making the jump and purchasing a fr-s. I'm looking for a whiteout 6MT with zero options. Preferably new or with less than 1k miles.

I have enough money to buy one straight up cash. I'd like to get one for as low a price as possible, any advice?

I'm located in clovis CA. Credit is not very good.

Will buying all cash help keep the price down?

Should I make a big down payment instead and pay off the rest in payments?

Any recommendations on a dealer?

Any help would be appreciated!

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Last edited by k.houan; 12-08-2013 at 10:03 PM.
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Old 12-07-2013, 09:56 PM   #2
utekineir
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Steps.

1) drive to dealer

2) approach salesman in non threatening manner

3) let him know the sale will be



4) negotiate

5) sign papers

6) play today was a good day
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Old 12-07-2013, 10:03 PM   #3
k.houan
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Haha. But i don't believe they have the exact car I want at my local dealer, would I be able to order one to my specs? How does this work? And any idea on out the door price with no options? I'm hoping to get one for 25k or less.

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Old 12-07-2013, 10:06 PM   #4
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Quote:
Originally Posted by k.houan View Post
Haha. But i don't believe they have the exact car I want at my local dealer, would I be able to order one to my specs? How does this work? And any idea on out the door price with no options? I'm hoping to get one for 25k or less.

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Go in and tell them you have 25k and tell them what you want. To be honest with tax and everything i doubt you will be able to walk out paying sticker price but you never know.
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Old 12-07-2013, 10:12 PM   #5
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Give them the smallest down payment they will allow. When your first payment is due, pay it off with one check. It will help your future credit rating and only cost a little extra for the interest on one month.
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Old 12-07-2013, 10:13 PM   #6
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Shop around and find the one you want that has all the features. Tell the sales rep you want to buy it (once you find the one you like) straight cash and want it for 25k out the door. They like cash they will make it happen.
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Old 12-07-2013, 10:13 PM   #7
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Why not invest the wad of money and just make payments? You could offer a huge downpayment to make them drop their price. ntron idea is good.
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Old 12-07-2013, 10:17 PM   #8
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Please...

Do not tell them that you are paying CASH!

If you think paying CASH!! is gonna net you a better Deal ? You are WRONG!!!

They all hate CASH!! because they can not SCOOP any thing back from FINANCING if they deal with you.

Best to Deal, tell them you are FINANCING, after you got your deal....tell them that You are going to Pay CASH, now that you think about it. Now they have to stick to their words, even if they hate it
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Old 12-07-2013, 10:19 PM   #9
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Won't the Pure Pricing prevent a "cash discount" for a new car?
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Old 12-07-2013, 10:21 PM   #10
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I'd ask where the funds came from but we all know the premium a couple sr20's can pull a week before race wars.
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Old 12-07-2013, 10:25 PM   #11
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The least amount of money a dealer can make on the sale of a car is to sell a car for 'cash'. If, instead, you walk in and suggest you might have enough for a down payment and would like them to arrange financing for you that's the chance of perhaps getting the best deal. They will get a kick-back from their bank which will be pure profit for them. That way they can afford to sell the car for less. It doesn't change the fact you still have to negotiate a good price. Wait until the day you take delivery and pay cash. You could always fib a little and say an uncle decided to finance you for zero interest.
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Old 12-07-2013, 11:22 PM   #12
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Quote:
Originally Posted by ntron1 View Post
Give them the smallest down payment they will allow. When your first payment is due, pay it off with one check. It will help your future credit rating and only cost a little extra for the interest on one month.
Seconded.
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Old 12-07-2013, 11:24 PM   #13
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I'd ask where the funds came from but we all know the premium a couple sr20's can pull a week before race wars.


I lol'd. RIP Paul Walker
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Old 12-07-2013, 11:35 PM   #14
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they dont care about your cash..
they would rather you get a loan from them cause they make money off of that as well..
cash works fine.. but its not really an advantage..
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