Paying Cash for a car?
Don't Tell the Salesman You're Paying Cash Until the Deal is Closed
Here's a tip for new car buyers--I'f you're paying cash for a car, you might get a better price if you wait until the price is settled before you tell the salesman you're paying cash rather that taking a loan to pay for the car. You might get a better deal because a fair amount of the dealer's profit on the sale of a car comes from signing you up for a car loan (as well as for extended warranty and insurance plans). This gives the dealer salesman a bit more flexibility to work with on the price of the car. So, you might be better off to duck the question of how you're going to pay until the price has been agreed to. Here's an article on cash car purchases from today's NY Times
Saturn Aura, Car of the Year
More by this Author
Gretchen Morgenson tells the sad tale of Melissa Calderone's recent nightmarish experience when she attempted to buy a home in Windemere, Florida from Pulte Homes, the nation's largest home builder.
There is no accurate measure of hedge fund performance because of the absence of reporting requirements and because the performance of the unsuccessful ones that are dissolved and disappear are not included in the...
Staph Infections Patients who have sores that will not heal or that are filled with pus should see a doctor and ask to be tested for staph infection. They should not squeeze the sore or try to drain it--that can spread...