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/biz/ - Business & Finance


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1874173 No.1874173 [Reply] [Original]

Car salesmen profit from credit financing.
The bank gives the salesman a cut as an incentive.

So you're buying a new car.
1. Tell the salesman you're interested in financing. 48 months or even 60 months.
2. Negotiate a price for the car.
The salesman will be willing to go a little lower, because he factors in the profit from the loan.
3. When you agreed on a price, check your bank account" on your smartphone
4. "Hmm... maybe I'll pay cash after all"
:^)

>> No.1874182

This is a legit tip, they love to offer ((financing))

>> No.1874187

>>1874182
It's from this Larry King interview. Worth watching btw.

Larry King on what 60000 interviews have taught him.

https://www.youtube.com/watch?v=q7BJ8JtfAz4