Going in with Cash Offer

[brettmess24]

If you want to have some fun. Negotiate your price and then start stacking bricks on the table. They will shit their pants looking at a large pile of dead presidents.

$80k is not “large bricks” but this would qualify OP for the ****** canoe of the year award as well as scream drug dealer. Pretty sure he would be asked to leave. Lol

Make sure you video tape this if this is the route you take!


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[FastEddie]

They will only accept credit cards if they can charge you an extra 3% over what they would have normally charged.

Agree. Most will only let you put a deposit on the credit card. No way are you putting the truck on the card without somehow paying the card company fee.

And agree what all the others have already said. Cash money for a vehicle is not like buying a house. It’s a detriment from dealer point of view as they don’t get the financing kickbacks.

 

[kenb]

When I bought my 2018 I ordered it in October 2017 and it came in February 2018. The dealer knew I was paying by check. They offered to sell it at $1k over invoice. By the time it came in the base price had increased by $300 but my dealer stuck to the price we agreed on so I bought it at $700 over invoice. And they were happy to do that deal. So I paid by check for some where around $64k. And I had a paid for truck.

 

[FastEddie]

When I bought my 2018 I ordered it in October 2017 and it came in February 2018. The dealer knew I was paying by check. They offered to sell it at $1k over invoice. By the time it came in the base price had increased by $300 but my dealer stuck to the price we agreed on so I bought it at $700 over invoice. And they were happy to do that deal. So I paid by check for some where around $64k. And I had a paid for truck.

You got a great deal. But OP's question was framed as if a cash deal would cause some incentive over financing to get a better deal than obtainable via via financing. As per the comments on this thread, I don't think that is how it works.

 

[jaz13]

I second the idea to keep the cash and invest it.

Banks only lend you money when you don't need it. Lose your job and the only way to access the equity in your truck will be to sell it.

That's why I tend to finance big purchases even when I can afford to pay cash. That way if I ever really need the money, I don't have to ask anyone's permissions to tap my equity and risk getting turned down or be forced to sell things I'd rather not sell.

Rates are too low right now to not load up on debt responsibly.

 

[ademarco]

Find a dealer in the Midwest or east coast that sells below MSRP and finance it at 2-3% and invest the cash that pays 10%+ or even a rental property that will pay for the truck through rental income. Southern CA dealers want $10-25k over MSRP so I had to fly out to Team Ford in Vegas to get a MSRP deal. Not a bad vacation and you could blow the extra $10-25k at the tables or whatever else you like to do.


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[Trackar]

Even if you invest a small amount of that money it can go a long way if you play your cards right... Just look at what pg&e's stock did today

 

[Johnkn]

If you want to have some fun. Negotiate your price and then start stacking bricks on the table. They will shit their pants looking at a large pile of dead presidents.

LOL. Throwing out a little 3.5" stack of $100s would get you laughed out of many dealerships. In most cases dealing in actual currency is more of a liability than benefit.

 

[Raptorguy1]

I assume you asking if I pay all cash they will give me a discount? I don't think that approach will not work on the Raptor.

The raptor is not like any other vehicle so it is not going to matter if you pay cash. Just my opinion.

I think it will be harder to get a good deal, since you'll be taking away a profit area for the dealer. Probably more so if you also don't have a trade in.

 

[Raptorguy1]

True I guess it depends on the dealer, my local dealer said it would be perfectly fine. I know that's how alot of the local businesses buy their company trucks from them so I guess that helps.

I wouldn't expect to have issues using a credit card at a dealership. Those type of fee issues are usually with Mom & Pop operations. For a large merchant, it's just part of the cost of doing business.