How to Buy a Car for Thousands Off the Sticker Price

If you have enough money to buy a car outright with no financing, then this will show you how to save thousands off of the sticker price.

Difficulty: Moderately Easy

Instructions

Things You'll Need:

• Enough money to buy a car with no financing

1. Pick out the car that you like and want to buy.

2. Do not start to negotiate the price.

3. When it comes time to talk numbers, say that you need a very low monthly payment. Say, "I don't care how much the interest rate is, or how long the term will be, I just need a very low monthly payment." Also say that you need no pre- payment penalties.

4. The dealer will then think that they will make a fortune off of the interest, and give you a very low price on the car.

5. When the first payment comes in, pay the whole thing off.

6. After you pay it all off in the first month, you are done. This will have saved you atleast 25% off of the cars sticker price.

Tips & Warnings

• Make sure to emphasise that you don't care what the interest rate is, and you don't care what you will end up paying for it in the long run.
• Make sure you get no pre-payment penalties.

[tjzerrer]

on 7/3/2009 Great idea, I'll have to give it a try next time I'm in the market for a car.